Edge Banding Glue Market Size, Share & Trends Analysis Report By Product (Ethylene Vinyl Acetate,Polyurethane), And Segment Forecasts, 2024 - 2031
The "Edge Banding Glue Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Edge Banding Glue market is expected to grow annually by 6.4% (CAGR 2024 - 2031).
This entire report is of 136 pages.
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Edge Banding Glue Introduction and its Market Analysis
The Edge Banding Glue market research report analyzes the global market conditions for this adhesive used in the furniture industry. Edge Banding Glue is a specialized adhesive used to bond decorative edging onto furniture surfaces. The target market for Edge Banding Glue includes furniture manufacturers and cabinet makers. Major factors driving revenue growth in the market include increasing demand for customized furniture, growth in the construction industry, and advancements in adhesive technology. Companies operating in the Edge Banding Glue market include Chemique, Henkel, Jowat, Dorus, Akfix, NANPAO, Guangdong Sino-adhesive New Material Technology, and Mingtu. The report's main findings highlight a growing market opportunity for Edge Banding Glue, with recommendations for companies to focus on product innovation and market expansion to capitalize on this potential growth.
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The global Edge Banding Glue market is experiencing significant growth due to the increasing demand in various industries. The market is segmented based on the type of glue, including Ethylene Vinyl Acetate and Polyurethane. These glues are widely used in applications such as electronics, packaging, textiles, automobiles, and others.
Regulatory and legal factors play a crucial role in the market conditions of Edge Banding Glue. Stringent regulations regarding the use of chemicals and adhesives in manufacturing processes have led to the development of eco-friendly and non-toxic glues. Manufacturers are focusing on complying with regulations to ensure the safety of their products and customers.
Overall, the Edge Banding Glue market is expected to continue growing as industries increasingly rely on these adhesives for various applications. With ongoing advancements in technology and a focus on sustainability, the market is poised for further expansion in the coming years.
Top Featured Companies Dominating the Global Edge Banding Glue Market
The Edge Banding Glue Market is highly competitive with key players such as Chemique, Henkel, Jowat, Dorus, Akfix, NANPAO, Guangdong Sino-adhesive New Material Technology, and Mingtu. These companies offer a variety of edge banding glue solutions to cater to the diverse needs of customers in the woodworking and furniture industry.
Chemique is known for its innovative adhesive solutions for edge banding applications, while Henkel offers a wide range of high-performance adhesives for various industries including furniture manufacturing. Jowat specializes in hot melt and PUR adhesives for edge banding, and Dorus focuses on water-based adhesives for environmentally conscious customers.
Akfix provides a range of edge banding glues that offer excellent bond strength and durability, while NANPAO is known for its specialty adhesive solutions for specific edge banding applications. Guangdong Sino-adhesive New Material Technology and Mingtu also offer competitive edge banding glue products that cater to different customer requirements.
These companies play a crucial role in driving the growth of the edge banding glue market by continuously innovating and improving their products to meet the evolving needs of customers. Through strategic partnerships, acquisitions, and product development, these companies have been able to expand their market reach and increase their sales revenue.
For example, Henkel reported a sales revenue of € billion in 2020, while Jowat had a revenue of €464 million in the same year. Chemique also reported a significant growth in sales revenue in recent years, showcasing the strong demand for edge banding glue products in the market. Overall, these companies contribute to the growth of the edge banding glue market by providing high-quality adhesive solutions and driving innovation in the industry.
- Chemique
- Henkel
- Jowat
- Dorus
- Akfix
- NANPAO
- Guangdong Sino-adhesive New Material Technology
- Mingtu
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Edge Banding Glue Market Analysis, by Type:
- Ethylene Vinyl Acetate
- Polyurethane
Ethylene Vinyl Acetate (EVA) is a popular type of edge banding glue known for its flexibility and strong bond. It is easy to apply and offers high heat resistance, making it ideal for a variety of edge banding applications. On the other hand, Polyurethane adhesive provides excellent water resistance and durability, making it suitable for outdoor or high-moisture environments. These superior qualities of EVA and Polyurethane glue help in boosting the demand for edge banding glue in the market as they offer reliable and long-lasting solutions for edge banding projects.
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Edge Banding Glue Market Analysis, by Application:
- Electronic
- Package
- Textile
- Automobile
- Others
Edge banding glue is used for bonding edge bands to various materials in different industries such as electronics, packaging, textiles, automobiles, and others. In electronics, it is used to join panels and enclosures. In packaging, it is applied to seal edges of boxes and containers. In textiles, it is used for joining fabrics. In automobiles, it is used for bonding interior trims. The fastest-growing application segment in terms of revenue is electronics, as the demand for edge banding glue in this industry is increasing due to the rise in the production of electronic devices worldwide.
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Edge Banding Glue Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The Edge Banding Glue market is expected to witness significant growth in North America, particularly in the United States and Canada, as well as in Europe, with key markets being Germany, France, the ., Italy, and Russia. In Asia-Pacific, countries such as China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are anticipated to drive market growth. Latin America, including Mexico, Brazil, Argentina, and Colombia, is also expected to show substantial growth. In the Middle East & Africa, Turkey, Saudi Arabia, UAE, and Korea are likely to contribute to market expansion. The regions expected to dominate the Edge Banding Glue market are Asia-Pacific and North America, with a significant market share percentage valuation. Asia-Pacific is anticipated to hold the highest market share due to the increasing demand for furniture and woodworking applications, while North America is expected to have a strong market share due to growing construction and renovation activities. Middle East & Africa is also expected to witness steady growth in the Edge Banding Glue market.
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