Polyurethane Adhesives Market Insights, Forecast to 2025

Global Polyurethane Adhesives Industry was valued at USD 7.81 Billion in the year 2018. Global Polyurethane Adhesives Industry is further estimated to grow at a CAGR of 6.6% from 2019 to reach USD 12.22 Billion by the year 2025.

In the Global Polyurethane Adhesives Industry, by region Asia Pacific region holds the highest Industry share in 2018 and is also Industry is considered as the fastest growing Industry in the forecasted period owing to their Industry demands. At a country level, China and India in Asia-Pacific are projected to grow strongly in the coming years due to the increase in the building & construction activities.

The segmentation is done on the basis of resin type, by Resin technology, by end users, and by region. On the basis of resin types, the global Polyurethane Adhesives Industry is sub-segmented as Thermoset and Thermoplastic of which the Thermoset segment is expected to hold the highest Industry share during the forecast period.

The segmentation is done on the basis of Resin technology Solvent-borne is currently the dominant technology used in the PU adhesives Industry and is expected to hold the highest Industry share among other applications. By end-User, the building & construction application segment accounted for the largest Industry share, in terms of volume, followed by packaging, automotive & transportation, footwear, furniture & woodwork, and electrical & electronics applications.

Major market players in Polyurethane Adhesives Industry are Arkema S.A., Dow-DuPont, 3M Company, Ashland Inc., Sika AG, H.B. Fuller Company, Scott Bader Company Ltd., Huntsman Corporation., and Henkel AG & Co. KGaA and other 8 more companies detailed information is provided in the report.

SWOT Analysis of Polyurethane Adhesives Industry

Drivers:

Increasing Investments in Construction of Green buildings

Revolution in the Construction Industry

Restraints:

Changing government regulations and norms.

Slow growth in developed countries

Opportunities:

Growing demand in the end-user industry

Challenges:

High Cost and restriction on the use of raw material

Polyurethane Adhesives Industry Segmentation

Polyurethane Adhesives Industry Overview, By Resin Type

• Thermoset

• Thermoplastic

Polyurethane Adhesives Industry Overview, By Resin Technology

• Solventborne

• Reactive

• Dispersion

• Hotmelt

• Others

Polyurethane Adhesives Industry Overview, By End Users

• Building & Construction

• Packaging

• Automotive & Transportation

• Electronic & Electrical

• Footwear

• Furniture & Decorations

• Others

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