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Timber laminating adhesives are applied to glue laminated timber (glulam) and cross laminated timber (CLT) I-beams, wall beams, straight laminated beams, and curved laminated beams. The lamination adhesive's job is to hold the various layers of the panels together. Beams allow for stronger and lighter-weight bearing structures than hardwood of the same thickness. The increasing use of laminating adhesives in the construction industry is a prime factor promoting the sales growth of the global timber laminating adhesives market during the forecast period, set between 2021 and 2031.
The timber laminating adhesives market is categorized on the basis of resin type, application, end use industry, and region. In terms of resin type, the market is grouped into emulsion polymer isocyanates (EPI) adhesives, polyurethane, phenol resorcinol formaldehyde (PRF) adhesives, Melamine (urea) formaldehyde adhesives (MF & MUF), and others. With respect to application, the market is categorized into trusses and supporting columns, window and door headers, roof beams, floor beams, and others. Based on end use industry, the market is bifurcated into non-residential, and residential.
The research report on timber laminating adhesives market provides a descriptive overview of the market and factors influencing its growth. This includes drivers, restraints, challenges, and future growth opportunities. List of the significant players and their key contributions in the form of innovations and new product launches is also discussed in details. It also throws light on the key innovations that made positive contribution to the market in terms of revenue generation. The impact of the novel COVID19 pandemic is also discussed in the report. For more information on this report, log on to the company website.
The nature of competition for the global market is consolidated due to the presence of a handful of players. Leading players of the timber laminating adhesives market are using multiple strategies such as introducing innovative products to attract more revenues to the market. Other vendors are indulging in joint ventures and collaborative efforts to create revenue generation opportunities for this market in the coming years.
Some of the key players of the global Timber Laminating Adhesives market include:
The increasing use of laminated timber in schools, offices, and public places is a prime factor boosting the growth of the global timber laminating adhesives market. Additionally, the introduction of new international building codes and rising use of laminating adhesives in non-residential sectors are projected to add boost to the overall growth of this market in the coming years. Additionally, increasing number of research and development activities for sustainable and eco-friendly products will further help promote the growth of the global timber laminating adhesives market in the coming years. Rise in number of re-modeling activities will further help boost the sales projections of the timber laminating adhesives market in the near future.
Regionwise, this market is widespread into the regions of Latin America, Europe, North America, and the Middle East and Africa. These regions are further categorized as per the nations bringing business. Europe emerged as the largest revenue generator for the timber laminating adhesives market owing to the presence of a majority of players. France, United Kingdom, and Germany generated the largest revenues with increase in construction activities for both residential and non-residential sectors. Additionally, the use of timber laminating adhesives in consumer sealants, flooring, and medical hygiene products will also help create new growth opportunities for the regional market in the near future.
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Timber Laminating Adhesives Market
