Synthetic Wood Adhesive Market - India Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025
The furniture industry has significantly grown and has expanded into manufacturing interiors and home furnishings. Moreover, with the increase in the use of wooden flooring in homes, the consumption pattern of wood and furniture has increased, consequently driving the demand for wood adhesives. Furthermore, the latest trends that will gain traction in the wood adhesives market in the forthcoming years is the increasing demand for bio-based wood adhesives. Bio-based wood adhesives are derived from natural products which includes starch, plant proteins, and other materials that are readily biodegradable, less toxic, and easy to handle. Since the conventional resin-based wood adhesives are toxic to individuals and have an adverse effect on the environment, the coming years will witness an increase in the demand for bio-based adhesives. Furthermore, in terms of volume, the synthetic wood adhesive market was valued at 114.5 tons in 2016 and is expected to reach 172.2 tons by 20...
