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Home PRESS RELEASES

Timber Laminating Adhesives Market Set for Rapid Growth Of USD 1,407 Million By 2026: MarketsandMarkets™

NEWSROOM by NEWSROOM
February 9, 2023
in PRESS RELEASES
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(EMAILWIRE.COM, February 09, 2023 ) The global Timber Laminating Adhesives Market size was USD 650 million in 2020 and is projected to reach USD 1,047 million by 2026, at a CAGR of 8.1%. The use of timber laminating adhesives is expected to grow in floor beams, roof beams, window and door headers, trusses and supporting columns and others, is expected to increase in the next five years.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=35261463

Rising concerns about the ill effects of formaldehyde and other VOCs on human health are leading to the development of low- and no-VOC adhesives. Any new low-VOC adhesive is required to comply with performance standards established by ASTM International, US, to gain acceptability in the marketplace. The ASTM Technical Committee D14 on adhesives develops standard parameters for adhesives and materials used in compounding adhesives and engage in research on adhesives and adhesion, including clarifications of the nature of adhesion.

Europe is projected to be the largest market for timber laminating adhesives. The European market for timber laminating adhesives is driven by countries such as Germany, France, Turkey, Italy, and the UK. Headquarters of major timber laminating adhesive manufacturing companies such as Akzo Nobel N.V. (Netherlands), Henkel AG (Germany), and Arkema (France) are based in Europe. Despite the prolonged pandemic and economic slowdown in some European countries such as Greece and Spain, the region is recovering from the crisis.

Don’t miss out on business opportunities in Timber Laminating Adhesives Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=35261463   

Browse In-Depth TOC On “Timber Laminating Adhesives Market”

131 – Market Data Tables

50 – Figures

187 – Pages

Continuous developments in the market, including new product launches, investment & expansion, merger & acquisitions, and partnerships & agreement are expected to help the market grow. Several products are being introduced, and investments are made on increasing the production capacity of timber laminating adhesives by manufacturers for different applications. Merger & acquisitions has helped companies enhance their product portfolio as well as their geographic reach.

Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=35261463

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.



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