Wood Adhesives and Binders Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020

Transparency Market

Research

Wood Adhesives and Binders Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2014 - 2020

Published Date

28-10-2014

103 Page Report

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Press Release

Wood Adhesives and Binders Market is Anticipated to Reach USD 17.77

Billion by 2020

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Wood Adhesives and Binders Market

REPORT DESCRIPTION

Transparency Market Research has published a new market report titled “Wood Adhesives and Binders

Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the

report, the global wood adhesives and binders market was valued at USD 13.15 billion in 2013 and is

expected to reach USD 17.77 billion by 2020, expanding at a CAGR of 4.4% between 2014 and 2020. In

terms of volume, the global wood adhesives and binders market stood at 16,207.7 kilo tons in 2013.

Browse the full Wood Adhesives and Binders Market report at :

http://www.transparencymarketresearch.com/wood-adhesives-binders-market.html

Increasing population across the globe is estimated to boost the market for construction projects. This, in

turn, is anticipated to propel the wood adhesives and binders market in the near future. Benefits such as

ease of use, time efficiency, lightness in weight, low prices and aesthetics are the major drivers for rising

adoption of wood adhesives and binders. However, stringent regulations associated with volatile organic

compounds (VOCs) and instability in prices of petroleum feedstock is projected to hamper market growth

during the forecast period. Furthermore, revenues are expected to grow at a slower rate compared to

volume due to price sensitivity of the end-user markets and shifting trend towards products with lower

VOCs.

In order to reduce their...