2017 Forecast - Asia Pacific Wood Adhesives and Binders Market, Industry Size, Share, Analysis and Opportunities to 2023

Latest industry research report on Wood Adhesives And Binders Market. Adhesives are the substances which are applied on the surface of two different materials to bind them together. Wood adhesives and binders are largely used due to their beneficial properties as time efficiency, ease of use, lightness in weight and low price. These are widely used in the making plywood, furniture, cabinets, windows and doors. Wood adhesives for shipping and transportation are in demand due to globalization and this result into growth of wood adhesive and binders market. Increasing investment across construction industries and infrastructural development are driving the Asia Pacific wood adhesives and binders market.

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Asia Pacific market is projected to grow at a significant rate due to the increasing demand of wood adhesives and binders, in packaging and transportation across India, China, Japan and South Korea. Stringent regulations associated with volatile chemical compounds (VOCs) are a restraining factor for the Asia Pacific wood adhesives and binders market. New research on producing bio-based and low VOC adhesives should provide potential opportunities to the Asia Pacific wood adhesives and binders market.

Asia Pacific market is expected to grow at a significant rate owing to the increasing demand of wood adhesives and binders, in packaging and transportation across India, China, Japan and South Korea.

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China is the largest consumer of wood adhesives and binders for paper sensitive products, textile, footwear and woodwork. Japan is the second largest consumer of wood adhesives, which are used in the construction and automotive sector, followed by South Korea, Taiwan and India.

The Asia Pacific wood adhesives and binders market is segmented on the basis of types, application and geography.

By Type

• Urea Formaldehyde
• Melamine urea formaldehyde
• Phenol-formaldehyde
• Isocyanates

By Application

• Flooring and Plywood
• Cabinets
• Structural frames
• Furniture
• Windows and door

By Geography

• China
• Japan
• India
• Australia
• Others

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