The research on global Wood Adhesives And Binders Market Report recently released by DecisionDatabases provides worldwide market survey in terms of industry analysis, size, share, growth and trends for the forecast period 2016-2023. Wood adhesives and binders are basically used to firmly bind wooden planks and surfaces used for commercial and residential applications. These materials are widely used in several end-user applications which include furniture, cabinets, doors, floorings and other applications. Wood adhesives and binders are cost effective, resistant to microorganisms, durable and temperature resistant.
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Global wood adhesives and binders market is analyzed on the basis of its products and applications. Applications bifurcate global wood adhesives market into furniture & subcomponents, windows & doors, cabinets, flooring & plywood and others (including do-it-yourself consumer products and crafts). Further, global wood adhesives and binders market is segmented based on products into phenol-formaldehyde (PF), isocyanates (MDI, TDI, HDI), soy based, urea-formaldehyde (UF), melamine-urea-formaldehyde (MUF) and others (including polyurethane, epoxy, silicone, polyvinyl acetate (PVAC) and ethyl vinyl acetate (EVA).
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High demand from construction industry coupled with new trends in home furnishings and their increased demand together fuel the growth of this market. Rise in demand for modern furniture and wooden floorings further augment the growth of this market. Durability and cost effectiveness of wood adhesives and binders are imperative features empowering the growth of this market. Environmental concerns associated with wood adhesives and binders are expected to restrain the growth of this market.
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