Polyurethane Adhesives Market Analysis

  • Report ID: 3610
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Polyurethane Adhesives Market Analysis

Application (Automotive, Transportation, Footwear, Building, Construction, Furniture)

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 (Solvent-borne, Solids, Dispersion)

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:

                        Technology

  • Solvent-borne
  • Solids
  • Dispersion

                        Type

  • Thermoset
  • Thermoplastics

                        Application

  • Automotive
  • Transportation
  • Footwear
  • Building
  • Construction
  • furniture

 

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Author Credits:  Rajrani Baghel


  • Report ID: 3610
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of polyurethane adhesives is evaluated at USD 11.2 billion.

The polyurethane adhesives market size was valued at USD 10.72 billion in 2024 and is expected to exceed USD 21.77 billion by the end of 2037, registering over 5.6% CAGR during the forecast period i.e., between 2025-2037. Increasing application of polyurethane adhesives, growing construction activities, and increasing shift towards eco-friendly products will impel the market growth.

North America industry is anticipated to account for largest revenue share 35% by 2037, backed by presence of major automotive companies in the region.

The major players in the market are Bostik, Arkema Group, H.B. Fuller Company, Henkel Corporation, Lonza Group AG, Toyo-Morton, Ltd, Meisei Chemical Works, Ltd., Toyochem Co., Ltd., Mitsui Chemicals, Inc., Nippon Concrete Industries and others.
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