Timber Laminating Adhesives Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Timber laminating adhesives are widely used in the building and construction industry. In glue laminated timber (glulam) and cross laminated timber (CLT), which are available as straight laminated beams, wall beams, curved laminated beams, and I-beams, adhesives for timber lamination are used. The primary purpose of lamination adhesives is to hold many layers of beams together. When compared to solid wood of the same thickness, the beams allow for lighter and stronger bearing structures. The global market for timber laminating adhesives is being propelled by increased new construction activity and a growing urban population. 

MARKET DYNAMICS

The use of laminated timber in non-residential segments such as schools, offices, and other public areas is predicted to expand as a result of the International Building Code 2021. Timber is mostly employed in the residential sector in the United States, but with the implementation of the new international building code, use in the non-residential sector is likely to grow. Timber could be used to make taller structures. The changeover to low-VOC content products is one of the important trends being followed in the market by the top players in the timber laminating adhesives market. Low-VOC timber laminating adhesives are more environmentally friendly than solvent-based adhesives.
 

MARKET SCOPE

The "Global Timber Laminating Adhesives Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the timber laminating adhesives market with detailed market segmentation by resin type, application, and end use. The global timber laminating adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading timber laminating adhesives market players and offers key trends and opportunities in the market. 

MARKET SEGMENTATION

The global timber laminating adhesives market is segmented into resin type, application, and end use. By resin type, the timber laminating adhesives market is classified into melamine (Urea) formaldehyde adhesives (MF & MUF), phenol resorcinol formaldehyde (PRF) adhesives, polyurethane, emulsion polymer isocyanate (EPI) adhesives, and others. By application, the timber laminating adhesives market is classified into floor beams, roof beams, window and door headers, trusses and supporting columns and others. By end use, the timber laminating adhesives market is classified into residential, non- residential. 

REGIONAL FRAMEWORK 

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global timber laminating adhesives market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The timber laminating adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region. 
The report analyzes factors affecting the timber laminating adhesives market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i. e. , drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the timber laminating adhesives market in these regions. 

MARKET PLAYERS

The report covers vital developments in the timber laminating adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the timber laminating adhesives market are anticipated to witness lucrative growth opportunities in the future with the rising demand timber laminating adhesives in the global market. Below mentioned is the list of few companies engaged in the timber laminating adhesives market. 
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the timber laminating adhesives market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years. 

• HENKEL AG 
• THE 3M COMPANY 
• SIKA AG 
• ARKEMA 
• COLLANO AG 
• ASHLAND INC. 
• AKZO NOBEL N. V. 
• DOW INC. 
• PIDILITE INDUSTRIES 
• JOWAT SE 

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.  

Timber Laminating Adhesives Report Scope