세계의 목재용 접착제 시장 규모, 점유율, 동향 분석 리포트 : 용도별, 기재별, 제품별, 지역별 전망과 예측(2023-2030년)
Global Wood Adhesives Market Size, Share & Trends Analysis Report By Application (Furniture, Flooring, Housing Components, Doors & Windows and Others), By Substrate, By Product, By Regional Outlook and Forecast, 2023 - 2030
상품코드:1450737
리서치사:KBV Research
발행일:2024년 02월
페이지 정보:영문 478 Pages
라이선스 & 가격 (부가세 별도)
한글목차
세계의 목재용 접착제 시장 규모는 2030년까지 117억 달러에 달할 것으로 예상되고 있으며, 예측 기간 중 CAGR 8.1%의 시장 성장률로 상승합니다. 2022년, 시장은 4,710.63 킬로톤의 수량에 달하며, 7.2%(2019-2022년)의 성장을 달성했습니다.
또한 주택 수요로 인해 주택 건설의 인테리어 용도에서 목재 접착제의 필요성이 증가하고 있습니다. 이러한 접착제는 바닥재, 패널, 문 및 다양한 장식 요소의 목재 부품을 접착하는 데 사용되어 주택의 미적 매력을 향상시킵니다. 따라서 주택 수요 증가는 시장 성장을 가속하는 매우 중요한 요인으로 작용하고 있습니다.
그러나 수지, 첨가제 등 원자재 가격의 변동은 접착제 제조업체의 비용 변동으로 이어집니다. 갑작스런 가격 상승은 생산 비용을 급등시켜 이익률과 목재 접착제의 전반적인 비용 효율성에 영향을 미칠 수 있습니다. 시장은 경쟁 환경 속에서 운영되고 있으며, 이윤율은 비용 변동에 민감합니다. 따라서 원자재 가격의 변동은 시장 성장을 지연시킬 수 있습니다.
The Global Wood Adhesives Market size is expected to reach $11.7 billion by 2030, rising at a market growth of 8.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,710.63 Kilo Tonnes, experiencing a growth of 7.2% (2019-2022).
MUF resins exhibit improved water resistance compared to standard UF resins. Therefore, the melamine urea-formaldehyde (MUF) segment captured $592.41 million revenue in the market in 2022. This property makes MUF adhesives suitable for applications where the bonded wood components may be exposed to moisture or humid conditions. The increased water resistance contributes to the durability and longevity of the bonded structures, making MUF adhesives preferable in certain industries. MUF adhesives offer better heat resistance compared to UF resins.
Wood adhesives offer design flexibility, allowing manufacturers to create intricate and customized wood-based designs in vehicle interiors. The ability to bond wood veneers and components with precision supports the realization of diverse design concepts, contributing to the automotive industry's pursuit of innovative interior aesthetics. Thus, because of the rising adoption of the automotive industry, the market is anticipated to increase significantly.
Additionally, Housing demand drives the need for wood adhesives in interior applications within residential construction. These adhesives are used in bonding wood components for flooring, paneling, doors, and various decorative elements, enhancing the aesthetic appeal of homes. Hence, expansion of the housing demand has been a pivotal factor in driving the growth of the market.
However, fluctuations in raw materials prices, such as resins and additives, lead to cost volatility for adhesive manufacturers. Sudden price increases can escalate production expenses, affecting profit margins and the overall cost-effectiveness of wood adhesives. The market operates within competitive environments where profit margins are sensitive to cost fluctuations. Thus, fluctuating raw material prices can slow down the growth of the market.
By Application Analysis
Based on application, the market is classified into flooring, furniture, doors & windows, housing components, and others. The doors & windows segment procured 10.6% growth rate in the market in 2022. Wood adhesives are integral in bonding the structural components of doors and windows, including frames, stiles, rails, and mullions. The strong and durable bonds created by these enhance the structural integrity of these components, ensuring stability and longevity.
By Substrate Analysis
On the basis of substrate, the market is divided into solid wood, oriented strand board (OSB), plywood, particle board (PB), medium-density fiberboard (MDF), high-density fiberboard (HDF), and others. The plywood segment recorded 23.0% revenue share in the market in 2022. Plywood is commonly used as subflooring and underlayment in flooring applications. These are crucial for bonding plywood panels to the floor joists, creating a stable and level surface for installing finished flooring materials. The growth in flooring projects contributes to the demand for wood adhesives.
By Product Analysis
By product, the market is categorized into urea-formaldehyde (UF), melamine urea-formaldehyde (MUF), phenol-formaldehyde (PF), isocyanates, polyurethane, polyvinyl acetate (PVA), soy-based, and others. In 2022, the urea-formaldehyde (UF) segment held 31.5% revenue share in the market. UF resins are extensively used in producing particleboard and medium-density fiberboard (MDF). These engineered wood products involve bonding wood particles or fibers with the resin, resulting in consistent density, strength, and dimensional stability panels.
By Regional Analysis
Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region led the market by generating 47.4% revenue share. The Asia Pacific region has experienced a significant surge in construction endeavors due to the accelerated urbanization and infrastructure development processes. Increasing urbanization has led to a rising demand for housing in many Asia Pacific countries.
Recent Strategies Deployed in the Market
Jan-2024: Sika AG has inked a partnership agreement with Professional Flooring Supply (PFS), a Texas-based flooring and installation supply distributor. Under this partnership, PFS will distribute Sika's premium-grade offerings of wood flooring adhesives, subfloor surface preparation, moisture mitigation, and sound control solutions.
Jan-2024: Sika AG has formed a partnership with Belknap White Group, a flooring distributor. Through this partnership, the companies aim to offer a system-selling strategy to contractors, builders, architects, designers, and more.
Sep-2023: Bostik S.A., the adhesives business of Arkema S.A., has launched its range of bio-based specialty hot melt adhesives, including specifically copolyesters and copolyamides. These adhesives are made to meet the growing demand for eco-friendly materials used in making things like technical fabrics, car interiors, filters, electronics, and shoes. Moreover, these adhesives offer manufacturers a greener option that doesn't sacrifice performance, strength, or durability.
Sep-2023: DuPont de Nemours, Inc. has expanded its footprints with the inauguration of its adhesive production facility in Zhangjiagang (ZJG), East China. With this expansion, DuPoint will manufacture adhesive to meet consumer demand in the transportation industry in China and Asia.
May-2023: H.B. Fuller Company, an adhesive manufacturing company, has completed the acquisition of Beardow Adams, a UK-based adhesive manufacturer. Through this acquisition, the company aims to accelerate profitability in the core adhesive market and create business synergies by optimizing production processes.
