Wood adhesives market seen topping $8 billion by 2030

The Business Research Company says the global wood adhesives market is on track to exceed $8 billion by 2030, powered by construction, furniture manufacturing and a shift toward low-emission products. Asia-Pacific is expected to lead growth, while China emerges as the single largest country market.

Why it matters: - Wood adhesives sit inside two large, growing end markets: construction and furniture. - The segment is forecast to reach more than $8 billion by 2030, making it a meaningful niche within the broader adhesives industry. - Demand is shifting toward lower-emission and bio-based formulations, which could reshape product development and supplier competition.

What happened: - The Business Research Company published its Wood Adhesives Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035. - The report forecasts a 7% compound annual growth rate through 2030. - Asia-Pacific is projected to remain the largest regional market. - Henkel AG & Co. KGaA leads the market in 2025 with a 2% share. - The top 10 companies together hold 14% of the market.

The details: - Wood adhesives account for about 7% of the overall adhesives market, which is expected to reach about $106 billion by 2030. - The category represents close to 0.1% of the chemicals industry, which is projected to hit $7,007 billion by 2030. - Construction and infrastructure spending are key growth drivers because plywood, MDF and laminated lumber all rely on bonding systems. - Urbanization and prefabricated construction are increasing demand for durable, moisture-resistant adhesives. - Furniture and engineered wood production are also adding demand as modular furniture, renovations and online furniture sales grow. - Sustainability and regulation are pushing the market toward low-VOC, water-based, bio-based, soy-based and formaldehyde-free products. - Urea-formaldehyde is expected to remain the largest product category in 2030, at 28% of the market and about $2 billion in value. - The report also segments the market by technology type, resin type and application, including flooring and decks, plywood, furniture, cabinets, windows and doors. - Asia-Pacific is projected to reach $4 billion by 2030, up from $3 billion in 2025, at a 6% CAGR. - China is expected to be the largest country market in 2030 at $2 billion, up from $1 billion in 2025, at a 9% CAGR. - Notable 2025 market shares include Henkel, H.B. Fuller, Sika and Arkema at 2% each, and BASF, Pidilite, Dow, Jowat, Franklin International and Aica Kogyo at 1% each. - Henkel launched the Loctite HB XE Line in February 2025, a polyurethane adhesive for cross-laminated timber and glued laminated timber with fire-protection features. - The report says multiple adhesive types will collectively add more than $2.6 billion in value by 2030. - Urea-formaldehyde is projected to add $1 billion between 2025 and 2030, while melamine urea-formaldehyde, phenol-formaldehyde, polyurethane and polyvinyl acetate each add about $0.3 billion.

Between the lines: - The market remains moderately fragmented, which leaves room for product differentiation, regional expansion and specialty formulations. - Fire resistance, lower emissions and moisture performance are becoming competitive markers, not just technical features. - The strongest growth appears tied to engineered wood, industrialized construction and sustainability-driven procurement.

What's next: - Suppliers are likely to keep investing in bio-based, formaldehyde-free and low-VOC adhesives. - Competition should intensify around bond strength, durability, curing speed and compliance with green building standards. - Regional manufacturing capacity in Asia-Pacific, especially China, is likely to remain a major growth focus.

The bottom line: - Wood adhesives are moving from a commodity product toward a higher-value materials market shaped by construction growth and sustainability pressure.