As suppliers to the building and construction industry strive to provide sustainable products, a plywood manufacturer uses lignin-based binder to reduce carbon emissions of its product.
According to a report by Straits Research, the global construction adhesives market is expected to grow to $17.88 billion in 2031 due to investments in infrastructure and rising demand from the residential sector.
The funds will go towards turning forest industry sidestreams into bio-alternatives, replacing fossil-based ingredients in the chemical and cosmetics industries.
Despite high interest and mortgage rates, construction of single-family housing units grew in September as buyers are turning to new homes due to a poor resale market.