The demand for timber furniture and plywood building materials has risen significantly.
Recovery in the global housing market and increasing consumer spending on luxury furniture and home décor has prompted higher investments in lightweight and convenient bonding materials such as wood adhesives, according to Research and Markets’ report "Wood Adhesives Market Analysis by Product (urea-formaldehyde, melamine urea, phenol-formaldehyde, isocyanate, polyurethane, PVA, soy-based), by Application (flooring, furniture, doors and windows), and Segment Forecasts, 2014-2025" report to their offering.
Reportedly, the demand for timber furniture and plywood building materials has risen significantly, owing to their high aesthetic appeal and compatibility with numerous substrates. This, in turn, has driven investments in superior processing and bonding technologies to foster mass production and meet growing global demand.