Polyurethane Adhesives Market

Polyurethane Adhesives Market worth 9.38 Billion USD by 2021

The report "Polyurethane Adhesives Market by Technology (Solventborne, Reactive, Dispersion, and Hot Melt), Type (Thermoset & Thermoplastic), Application (Building & Construction, Packaging, Automotive, Footwear, Electrical & Electronics, and Furniture) - Global Forecast to 2021", The market size of polyurethane (PU) adhesives is estimated to reach USD 9.38 Billion by 2021, registering a CAGR of 6.8% between 2016 and 2021. Growth in the building & construction industry of Europe and North America, increased usage of these adhesives in vehicles for ensuring lightweight and fuel efficiency, and emerging demand from the developing countries of Asia-Pacific and the Middle East & Africa drive the market.

                       Request Sample                        Request Sample

Browse 123 market data Tables and 54 Figures spread through 200 Pages and in-depth TOC on "Polyurethane Adhesives Market by Technology (Solventborne, Reactive, Dispersion, and Hot Melt), Type (Thermoset & Thermoplastic), Application (Building & Construction, Packaging, Automotive, Footwear, Electrical & Electronics, and Furniture) - Global Forecast to 2021"
Early buyers will receive 10% customization on reports.

Building & construction: The most dominant application segment in the PU adhesives market

Building & construction application dominates the market and occupies the highest share in the PU adhesives market. The main market for building & construction includes the U.S., Germany, China, Japan, South Korea, and India. Application of PU adhesives has increased due to the rapidly growing construction industry and high demand from customers. A single-component PU adhesive used for adhesive bonds is environmentally safe, not harmful to health, and invisible.

Thermoplastic: The fastest-growing type segment of the PU adhesives market

The thermoplastic segment is growing at a faster rate than thermoset PU adhesives, in terms of value and volume. Thermoplastic PU adhesives are the benchmark products that are being increasingly used for their adjustable sealing temperature; adhesion to substrates such as leather, wood, metals, rigid and plasticized PVC, and rubbers; formulation versatility; and high hot tack properties. It is widely used for structural and load bearing applications. However, these adhesives are more expensive.

The Indian automotive industry is witnessing a phase of rapid transformation and growth, mainly driven by stable economic growth and infrastructure development. The industry has emerged as the seventh largest in the world. The auto components industry of the country is also developing rapidly to compliment the growth of the automotive industry. India is a global sourcing hub for the key automotive companies owing to its rapidly increasing demand. In India, healthy economic growth, changing consumer preferences, improvement in the standard of living and increased spending on infrastructure in the automotive and electronics segments are expected to drive the PU adhesives market.

Key market players in the PU adhesives market

The key players in this market are 3M (U.S.), Arkema S.A. (France), Ashland Inc. (U.S.), H.B. Fuller (U.S.), Henkel AG & Co. (Germany), Huntsman Corporation (U.S.), Illinois Tool Works Inc. (U.S.), Scott Bader Company Ltd. (U.K.), Sika AG (Switzerland), and The Dow Chemical Company (U.S.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&Ms flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: sales@marketsandmarkets.com

Report Code
CH 4432
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Polyurethane Adhesives Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
© MarketsandMarkets Research Private Ltd. All rights reserved

Digital Virtual Assistant - MarketsandMarkets