North America and Latin America Industrial Wood Adhesives Market

North America and Latin America Industrial Wood Adhesives Market Forecast to 2027 – Covid-19 Impact and Analysis - By Resin Type (Natural and Synthetic), and Technology (Solvent-Based, Water-Based, Solventless, and Others

Number of Pages: 125

Market Introduction

The North American region constitutes developed economies such as the U.S., Canada, and Mexico as a developing nation. The companies are continuously improving the overall business processes to meet the customers' demand for superior quality products and services in the best possible way. Several domestic and multinational companies already have a strong foothold in North American countries like the U.S. and Canada. Wood adhesives play a vital role in modern industrial wood construction. Latin America comprises developed and developing countries such as Brazil, Argentina, Chile, and others. The continuous developments have had a positive impact on Brazil and Argentina's economy that has advanced to a large extent. The increase in population and continuous advancement in the end-use industries such as construction and others have positively impacted Brazil and Argentina's industrial wood adhesive market that has advanced to a large extent.

Market Overview and Dynamics

The Industrial wood adhesives market in North America and Latin America is expected to grow from US$ 1270.73 million in 2019 to US$ 1792.78 million by 2027; it is estimated to grow at a CAGR of 4.5% from 2020 to 2027. Wood adhesives are polymeric materials capable of interacting chemically or physically, or both, with the surface of the wood so that stresses are transferred between bonded members. The wood adhesive is used to manufacture building materials such as plywood and other laminated veneer products, oriented strandboard, particleboard, laminated beams and timbers, fiberboard, edge- and end jointed products, architectural doors, windows and frames, furniture, floor coverings, ceiling, and wall tiles, and others. The rapidly expanding construction industry is increasing the application of wood, thereby creating scope for industrial wood adhesives.

COVID 19 has impacted the major countries of North America and Latin America. Most of the countries in the region are under lockdown, which is impacting the Industrial Wood Adhesive market. The US has the highest number of confirmed cases of the COVID-19 infection among all North American countries and Brazil has the highest number of cases in the Latin America region. This is likely to impact the adhesive industry in the region, mainly due disrupted supply and distribution chains.

Key Market Segments

In terms of resin type, the synthetic segment accounted for the largest share of the North America and Latin America Industrial wood adhesives market. In 2019 In terms of technology, solvent - based segment held the largest market share in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the North America and Latin America Industrial wood adhesives market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are H.B.Fuller Company, Henkel AG & Company, KGAA, Ashland, Arkema Group, Sika AG, Pidilite Industries Ltd, Jubilant Industries Ltd, Dow, Inc., 3M, and Akzo Nobel N.V.

Reasons to Buy Report

• Understand the North America and Latin America Industrial wood adhesives market landscape and identify segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive market landscape in North America and Latin America.
• Efficiently plan mergers and acquisitions, and partnership deals in the North America and Latin America Industrial wood adhesives market by identifying market segments with the most promising probable sales
• Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
• Obtain market revenue forecast for market by various segments for the period 2019–2027

North America and Latin America Industrial wood adhesives Market Segmentation

North America and Latin America Industrial wood adhesives market, by Resin Type

• Natural
• Synthetic

North America and Latin America Industrial wood adhesives market, by Technology

• Solvent-based
• Water-based
• Solventless
• Others

North America and Latin America Industrial wood adhesives Market – by Country

• • US
  • Canada
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Company Profiles

• H.B.Fuller Company
• Henkel AG & Company, KGAA
• Ashland
• Arkema Group
• Sika AG
• Pidilite Industries Ltd
• Jubilant Industries Ltd
• Dow, Inc.
• 3M
• Akzo Nobel N.V.

North America and Latin America Industrial Wood Adhesives Market Strategic Insights

North America and Latin America Industrial Wood Adhesives Market Segmentation Analysis

North America and Latin America Industrial Wood Adhesives Market Report Highlights

North America and Latin America Industrial Wood Adhesives Report Scope

North America and Latin America Industrial Wood Adhesives Market Country and Regional Insights