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The global wood adhesives market is projected to reach US$5.24bn by 2026, at a CAGR of 3.10% from 2016 to 2026. Growth in this market is mainly attributed to the expansion of the construction industry, increasing urban population, recovery of the global economy and growth in the furniture industry.
However, the inclination of the furniture industry towards the adoption of fibreboard and metal for manufacturing home furniture is acting as a restraint to the growth of the global wood adhesives market. For more information: www.researchandmarkets.com/publication/meoiw8b/3990048