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Part of: Polyurethane Adhesives Market (Global)

The Thailand Polyurethane Adhesives Market was valued at $110.5 Million in 2026 and projected to reach to $148.3 Million by 2031, representing a compound annual growth rate of 6.06%. Thailand's polyurethane adhesives market is poised for sustained growth driven by the country's expanding manufacturing sector and increasing industrialization.

Thailand Polyurethane Adhesives Market (2026-2031) : Size and Share
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Market Size in USD 26.32 MN
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Thailand Polyurethane Adhesives Market Trends and Insights

  • This growth trajectory reflects Thailand's strengthening position as a manufacturing and industrial hub within Asia Pacific, where polyurethane adhesives are increasingly adopted across automotive, construction, and consumer goods sectors.
  • Thailand's competitive labor costs and strategic geographic location continue to attract foreign investment, driving demand for high-performance adhesive solutions. The 6.06% compound annual growth rate (CAGR) through 2031 underscores Thailand's resilience in the polyurethane adhesives segment, outpacing global growth trends.
  • Thailand's expanding middle class and rising construction activity fuel demand for durable bonding solutions in residential and commercial applications.
  • Additionally, Thailand's automotive manufacturing base—supported by major OEM facilities—creates sustained demand for specialized polyurethane adhesives used in vehicle assembly and component bonding. Thailand's regulatory environment and investment in industrial infrastructure position the country as a key growth market within the Asia Pacific region.
  • Market participants in Thailand benefit from established supply chains and proximity to raw material sources, enabling competitive pricing and reliable product availability through the forecast period..

Key Market Statistics

  • CAGR (2026-2031) 6.06% CAGR
  • Market Size, 2026 ~USD 110.5 Million
  • Forecast, 2031 ~USD 148.3 Million
  • Country Thailand

Thailand Polyurethane Adhesives Market Overview

Market Valuation Growth :

Thailand's polyurethane adhesives market is valued at USD 110.5 million in 2026, with a projected CAGR of 6.06% through 2031, reaching USD 148.3 million by forecast end.

Manufacturing Hub Expansion :

Thailand's role as a key manufacturing and industrial hub in Asia Pacific is driving increased adoption of polyurethane adhesives across multiple industrial verticals and production facilities.

Sector Diversification :

Strong demand is emerging across automotive, construction, and consumer goods sectors in Thailand, reflecting the country's diverse industrial base and growing export-oriented manufacturing.

Regional Growth Outpacing :

Thailand's market CAGR of 6.06% exceeds the global average of 5.82%, positioning the country as a faster-growing market within the Asia Pacific region for polyurethane adhesives.

Thailand Polyurethane Adhesives Market Dynamics

  • The steady 6.06% CAGR reflects growing demand from automotive assembly plants, construction projects, and consumer goods manufacturers seeking high-performance bonding solutions.
  • Thailand's strategic position as a regional manufacturing hub and its competitive labor costs continue to attract foreign investment, further boosting adhesive consumption. Looking ahead to 2031, the market will benefit from infrastructure development initiatives, rising vehicle production, and growing adoption of advanced adhesive technologies in industrial applications.
  • Increasing environmental regulations are also driving demand for eco-friendly polyurethane formulations.
  • Strategic partnerships between local distributors and international adhesive manufacturers will enhance market penetration, while technological innovations tailored to Thailand's manufacturing needs will create additional growth opportunities..

Related Ecosystem

Electric Hybrid Vehicles

Top Technologies
  • Battery Electric Vehicle (BEV)
  • Fuel Cell Electric Vehicle (FCEV)
  • Light Commercial Vehicles (LCVs)
  • Hybrid Electric Vehicle (HEV)
  • Agricultural Tractors
Top Companies
  • Visteon Corporation
  • BOSCH LIMITED
  • Byd company ltd.
  • Tesla, Inc.
  • FORD MOTOR COMPANY

    Adhesives And Sealants

    Top Technologies
    • Alkyd Resins
    • Polyurethane Resin
    • Epoxy Resin
    • Polyester Resin
    • Polyolefin
    Top Companies
    • 3M COMPANY
    • Henkel ag and co. kgaa
    • H.B. Fuller Company
    • Sika ag
    • DOW CHEMICAL COMPANY

      Paints And Coatings

      Top Technologies
      • Polyurethane Resin
      • Alkyd Resins
      • Epoxy Resin
      • Polyester Resin
      • Acrylics
      Top Companies
      • Basf se
      • JOTUN
      • PPG Industries, Inc.
      • DOW CHEMICAL COMPANY
      • Akzonobel n.v.

        Key Takeaways

        • Thailand's polyurethane adhesives market is valued at USD 110.5 million in 2026, with a projected CAGR of 6.06% through 2031.
        • Thailand's automotive and construction sectors are primary growth drivers, leveraging the country's manufacturing capabilities and infrastructure development.
        • Thailand's strategic location and competitive advantages position it as a key regional hub for polyurethane adhesive production and distribution.
        • Market expansion in Thailand is supported by rising industrial investment, foreign direct investment, and increasing demand from end-use industries.

        Polyurethane Adhesives Market Report Scope

        Report Metric Details
        Base Year 2026
        Fastest Growing Segment OTHER TECHNOLOGIES (Technology)
        Forecast Period 2026–2031
        Growth Rate CAGR of 5.82% from 2026 to 2031
        Largest Segment THERMOSET (Type)
        Market Size Base Year (Billions) ~USD 9.68 (2026)
        Revenue Forecast (Billions) ~USD 12.84 (2031)
        Segments Covered Technology, Type, End-Use Industry

        Thailand Polyurethane Adhesives Market Report Segmentation

        3 segment dimensions are covered across the global market.

        By Technology

        • 100% Solids
        • Dispersion
        • Other Technologies
        • Solvent-Borne

        By Type

        • Thermoplastic
        • Thermoset

        By End-Use Industry

        • Automotive
        • Building & Construction
        • Furniture & Decoration
        • General Industrial
        • Leather & Footwear
        • Other End-Use Industries
        • Packaging

        Target Audience

        • Adhesive Manufacturers & Suppliers : Manufacturers need Thailand-specific market data to assess market entry feasibility, identify growth opportunities, and develop localized product portfolios for automotive and construction applications.
        • Automotive & Component Suppliers : Automotive companies operating in Thailand require adhesive market intelligence to optimize supply chain decisions, evaluate supplier capabilities, and plan production expansion aligned with market growth.
        • Construction & Building Material Companies : Construction firms need insights into Thailand's adhesive demand trends to source materials efficiently, forecast project costs, and identify partnerships with local adhesive distributors.
        • Investment & Private Equity Firms : Investors evaluating opportunities in Thailand's chemicals sector need market sizing and growth projections to assess investment returns, identify acquisition targets, and evaluate portfolio companies.
        • Business Development & Strategy Teams : Corporate strategists require Thailand market data to support market expansion decisions, competitive analysis, partnership evaluations, and resource allocation for regional growth initiatives.

        Key Companies in the Thailand Polyurethane Adhesives Market

        CompanyHQOwnershipStrongest segments
        WANHUA CHEMICAL GROUP CO., LTDChinaPublic CompanyThermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technology,
        SEKISUI CHEMICAL CO., LTDJapanPublic CompanyThermoset polyurethane adhesives,Thermoplastic polyurethane adhesives,Solvent-borne technology,
        KRATON CORPORATIONUnited StatesPrivate CompanyThermoset PU adhesive value chain,Thermoplastic PU adhesive value chain,Solvent-borne PU adhesive systems,
        SYNTHOS S.APolandPrivate CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        SCAPA GROUP PLCUnited KingdomPrivate CompanyThermoset polyurethane adhesives,Thermoplastic polyurethane adhesives,Solvent-borne technology,
        BOREALIS AGUnited StatesPrivate CompanyThermoset polyurethane adhesives value-chain exposure,Thermoplastic polyurethane adhesives value-chain exposure,Solvent-borne and dispersion technologies (indirect),
        REPSOL S.A.SpainPublic CompanyThermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technology,
        USG CORPORATIONUnited StatesPrivate CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        HENKEL AG & CO. KGAAGermanyPublic CompanyThermoset PU adhesives,Thermoplastic PU adhesives,Solvent-borne PU technology,
        H.B. FULLER COMPANYUnited StatesPublic CompanyThermoset PU – 100% solids and solvent-borne,Dispersion / water-based PU,Thermoplastic PU,
        SIKA AGSwitzerlandPublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        3M COMPANYUnited StatesPublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        DOW INC.United StatesPublic CompanyThermoset polyurethane adhesives,Thermoplastic polyurethane adhesives,Solvent-borne technologies,
        HUNTSMAN INTERNATIONAL LLCUnited StatesPrivate CompanyThermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technologies,
        ILLINOIS TOOL WORKS INC.United StatesPublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        ARKEMA S.A.FrancePublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        PARKER-HANNIFIN CORPORATIONUnited StatesPublic CompanyThermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology,
        HEXCEL CORPORATIONUnited StatesPublic CompanyThermoset PU Adhesives & Systems,Thermoplastic PU Adhesives & Systems,Solvent-borne PU Adhesive Technologies,
        MAPEI CORPORATIONItalyPrivate CompanyThermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technology,

        WANHUA CHEMICAL GROUP CO., LTD

        Wanhua Chemical Group Co., Ltd is a Chinese public company founded in 1978 that operates as a major chemical manufacturer with a workforce of 30,772 employees.

        SEKISUI CHEMICAL CO., LTD

        Sekisui Chemical Co., Ltd is a Japanese public company established in 1947 with 26,752 employees, operating in the chemical manufacturing sector.

        KRATON CORPORATION

        Kraton Corporation is a United States-based private company founded in 2000 with 1,875 employees operating in the specialty chemicals industry.

        SYNTHOS S.A

        Synthos S.A is a Polish private company established in 1945 with 2,975 employees engaged in chemical manufacturing and production.

        SCAPA GROUP PLC

        Scapa Group PLC is a United Kingdom private company established in 1927 with 1,461 employees manufacturing adhesive-based products and technical tapes.

        BOREALIS AG

        Borealis AG is a United States-based private company founded in 1994 with 5,887 employees operating in the polyolefins and base chemicals sectors.

        REPSOL S.A.

        Repsol S.A. is a Spanish public company established in 1927 with 24,523 employees engaged in oil, gas, and energy production.

        USG CORPORATION

        USG Corporation is a United States-based private company founded in 1902 with 7,300 employees manufacturing building materials and gypsum products.

        HENKEL AG & CO. KGAA

        Henkel AG & Co. KGaA is a German public company established in 1876 with 42,200 employees operating in adhesives, sealants, and consumer goods.

        H.B. FULLER COMPANY

        H.B. Fuller Company is a United States-based public company founded in 1887 with 7,100 employees manufacturing adhesives, sealants, and specialty chemicals.

        SIKA AG

        Sika AG is a Swiss public company established in 1910 with 33,856 employees specializing in construction chemicals and industrial adhesives.

        3M COMPANY

        3M Company is a United States-based public company founded in 1902 with 60,500 employees manufacturing diversified products including adhesives, abrasives, and industrial solutions.

        DOW INC.

        Dow Inc. is a United States-based public company established in 1897 with 32,800 employees operating as a major producer of chemicals and materials.

        HUNTSMAN INTERNATIONAL LLC

        Huntsman International LLC is a United States-based private company founded in 1970 with 6,000 employees engaged in specialty chemicals and pigments manufacturing.

        ILLINOIS TOOL WORKS INC.

        Illinois Tool Works Inc. is a United States-based public company established in 1912 with 43,000 employees manufacturing diversified industrial products and equipment.

        ARKEMA S.A.

        Arkema S.A. is a French public company founded in 2003 with 20,700 employees specializing in specialty chemicals and advanced materials.

        PARKER-HANNIFIN CORPORATION

        Parker-Hannifin Corporation is a United States-based public company founded in 1917 with 57,950 employees producing motion and control technologies and systems.

        HEXCEL CORPORATION

        Hexcel Corporation is a United States-based public company established in 1946 with 5,563 employees producing composite materials and engineered products.

        MAPEI CORPORATION

        Mapei Corporation is an Italian private company established in 1937 with 13,252 employees specializing in adhesives, sealants, and building materials.

        Reasons to Buy this Report

        • Thailand-Specific Market Sizing : Access precise valuation data for Thailand's polyurethane adhesives market with verified figures for 2026 (USD 110.5M) and 2031 (USD 148.3M), enabling accurate business planning and investment decisions.
        • Sector-Level Demand Insights : Understand growth drivers specific to Thailand's automotive, construction, and consumer goods industries, allowing targeted market entry strategies and product positioning for maximum relevance.
        • Competitive Positioning Intelligence : Benchmark your business against Thailand's market growth rate of 6.06% CAGR versus global 5.82%, identifying competitive advantages and market share opportunities in this faster-growing economy.
        • Regional Manufacturing Trends : Leverage insights into Thailand's role as an Asia Pacific manufacturing hub to identify supply chain opportunities, distribution partnerships, and expansion strategies within the region.
        • Forecast-Driven Strategy Development : Utilize 5-year projections to develop long-term commercial strategies, capacity planning, and resource allocation aligned with Thailand's anticipated market expansion through 2031.

        Frequently asked questions

        What is the current market size of polyurethane adhesives in Thailand?

        Thailand's polyurethane adhesives market is estimated at USD 110.5 million in 2026 and is projected to grow to USD 148.3 million by 2031.

        What is the expected growth rate for polyurethane adhesives in Thailand?

        Thailand's polyurethane adhesives market is expected to grow at a compound annual growth rate (CAGR) of 6.06% from 2026 to 2031.

        Which industries drive polyurethane adhesive demand in Thailand?

        Thailand's automotive manufacturing, construction, consumer goods, and industrial sectors are the primary drivers of polyurethane adhesive demand.

        Why is Thailand a significant market for polyurethane adhesives?

        Thailand's strategic geographic location, competitive manufacturing costs, established supply chains, and growing industrial base make it a key market for polyurethane adhesives in Asia Pacific.

        What factors support market growth in Thailand through 2031?

        Thailand's market growth is supported by rising construction activity, automotive production expansion, foreign direct investment, and increasing adoption of high-performance adhesive solutions across industries.

        RESEARCH METHODOLOGY

        The study involved four major activities in estimating the market size for polyurethane adhesives. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

        Secondary Research

        Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold-standard and silver-standard websites, such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research, which involved conducting extensive interviews with key officials, including CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below.

        Primary Research

        The polyurethane adhesives market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

        BREAKDOWN OF PRIMARY PARTICIPANTS

        Polyurethane Adhesives Market Size, and Share

        Notes: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2024/2025 available in the public domain, product portfolios, and geographical presence.
        Other designations include consultants and sales, marketing, and procurement managers.

        COMPANY NAME

        DESIGNATION

        Henkel AG & Co. KGaA

        Senior Manager

        H.B. Fuller Company

        Innovation Manager

        Sika AG

        Vice President

        Dow Inc.

        Production Supervisor

        3M Company

        Sales Manager

        To know about the assumptions considered for the study, download the pdf brochure

        Market Size Estimation

        Both top-down and bottom-up approaches were used to estimate and validate the total size of the polyurethane adhesives market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

        • The key players in the industry have been identified through extensive secondary research.
        • The supply chain of the industry has been determined through primary and secondary research.
        • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
        • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

        Polyurethane Adhesives Market : Top-Down and Bottom-Up Approach

        Polyurethane Adhesives Market Top Down and Bottom Up Approach

        Data Triangulation

        After determining the overall market size using the market size estimation processes explained above, the market was divided into several segments and subsegments. To complete the overall market engineering process and determine the exact statistics for each market segment and subsegment, data triangulation and market breakdown procedures were employed, as applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the polyurethane adhesives industry.

        Market Definition

        Polyurethane adhesives are a class of synthetic adhesives made by reacting polyols with isocyanates to form a polymer network. They are known for their high strength, toughness, and durability, as well as their resistance to weathering, moisture, chemicals, and temperature changes. They can be further modified to meet specific performance requirements by adding fillers, plasticizers, and other additives. The resulting adhesive can be formulated as liquid, paste, or foam and is used in a wide range of industrial applications, including construction, automotive, furniture, and footwear.

        Key Stakeholders

        • Polyurethane adhesive manufacturers
        • Polyurethane adhesive distributors
        • Raw material suppliers
        • Government and research organizations
        • Investment banks and private equity firms

        Report Objectives

        • To analyze and forecast the size of the global polyurethane adhesives market in terms of value and volume
        • To provide detailed information about the major drivers, restraints, challenges, and opportunities influencing the market growth
        • To define, describe, and segment the market based on type, technology, end-use industry, and region
        • To forecast the size of the market segments based on regions such as Asia Pacific, North America, Europe, the Middle East & Africa, and South America
        • To strategically analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
        • To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contributions to the overall market
        • To identify and analyze opportunities for stakeholders in the market
        • To analyze competitive developments such as expansions, partnerships, joint ventures, mergers & acquisitions, agreements, and product launches in the market
        • To strategically profile the key companies and comprehensively analyze their core competencies

         

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        METHODOLOGY

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