Wood Adhesives and Binders Market Is Anticipated to Reach Usd 17.77 Billion by 2020

Transparency Market

Research

Wood Adhesives and Binders Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast,

2014 - 2020

Published Date

28-Oct-2014

103 Page Report

Buy Now

Request Sample

Press Release

Wood Adhesives and Binders Market is Anticipated to Reach

USD 17.77 Billion by 2020 : TMR

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Wood Adhesives and Binders Market

REPORT DESCRIPTION

Wood Adhesives and Binders Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast, 2014 - 2020

The global market for wood adhesives and binders has been witnessing an exponential surge in its market

valuation in recent years. The rapid rise in the construction industry has fueled the furniture market, resulting in

an increasing demand for wood adhesives and binders across the world.

Browse Market Research Report : http://www.transparencymarketresearch.com/wood-adhesivesbinders-market.html

In a recent market study, Transparency Market Research (TMR) has stated that the global wood adhesives

and binders market was valued at US$13 bn in 2013. The market is likely to rise at a CAGR of 4.40% between

2014 and 2020 and reach US$17.7 bn by the end of 2020.

Rising Commercialization of Biobased Adhesives to Present Lucrative Opportunities

The increasing commercialization of biobased adhesives is projected to present an opportunity-rich market for

participants. The rising concerns over the harmful effects of synthetic adhesives on the environment have

driven consumers towards biobased adhesives. This trend has had an impactful reaction on the construction

industry at large, encouraging market players to develop biobased wood adhesives and binders.

EcoPro Polymers, a Corvallis-based startup, has been trying to develop the first formaldehyde-free plant-based

adhesive that can be utilized to produce particleboard,...