Wood Adhesive Market Size to Worth $7.9 Billion by 2032 | CAGR: 5.9%: AMR [Yahoo! Finance]
Ashland Inc. (ASH)
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Source: Yahoo! Finance
Wilmington, Delaware , April 01, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “ Wood Adhesive Market by Type (Urea-formaldehyde, Melamine Urea-formaldehyde, Phenol-formaldehyde, Isocyanates, Polyurethane, Polyvinyl Acetate, Soy-based, and Others) and Application (Flooring, Furniture, Doors and Windows, Housing components, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032.” According to the report, the global wood adhesive market was valued at $4.5 billion in 2022 and is projected to reach $7.9 billion by 2032, growing at a CAGR of 5.9% from 2023 to 2032. Prime determinants of growth The wood adhesive market is witnessing notable growth owing to the development of eco-friendly and high-performance products. In addition, the expansion of the tfurniture and woodworking industries, particularly in emerging economies, fuels the market growth. Moreover, the increasing focus on sustainable construction materials boosts the adoption
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ASH
Earnings
- 4/30/24 - Beat
ASH
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 8-K
- 5/8/24 - Form 4
- ASH's page on the SEC website