Polyurethane Adhesives Market Segmentation:
Application Segment Analysis
The building & construction segment in the polyurethane adhesives market is expected to hold a share of 31% during the forecast period. There are reasons for this growth, namely rising demand for residential properties and the increased infrastructure spending by governments of different regions in the coming years which is consequently giving rise to such a market. In addition, the construction industry benefits from various properties of polyurethane adhesion. According to a report, half of the world's population will call for housing at roughly 97,000 dwellings per day.
Technology Segment Analysis
Polyurethane adhesives market from the solvent-borne segment is anticipated to hold a significant share of 52% during the forecast period. A high molecular weight hydroxyl-terminated polyurethane is dissolved in a solvent to form solvent-borne PU adhesives. The most common aromatic polyurethanes, such as toluene diisocyanates and diphenylmethane isocyanates, reduce both the properties of the adhesive and its appearance in a way similar to that of regular urethane adhesives.
Our in-depth analysis of the global market includes the following segments:
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