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Durable and Reliable: Ceresana Analyzes the Global Market for Adhesives and Sealants Based on Polyurethane

05-07-2018 09:12 PM CET | Industry, Real Estate & Construction

Press release from: CERESANA

Market Study: PUR - Adhesives & Sealants

Market Study: PUR - Adhesives & Sealants

Polyurethanes (PUR) are plastics resulting from a polyadditional reaction of polyisocyanates with polyols and are either hard and porous or soft and elastic depending on its production. Different kinds of PUR are needed for reactive, thermally activated, hot melt, dispersion, and solvent-borne adhesives. These adhesives are for example used to bond car front spoilers, sandwich constructions, and facade elements, to glue metal brackets, or to seal electronic casings. PUR Sealants are particularly utilized in the transport industry as well as in the construction industry for window joints, and sealing of windows, pipes, and more. The market research company Ceresana analyzed the global market for adhesives and sealants based on PUR in detail. Until 2024, Ceresana expects an increase in revenues generated with these products to over USD 9.7 billion.

Building with PUR

The most important application areas of adhesives and sealants based on PUR are the construction industry and the segments transportation, packaging, shoes/leather, and wood processing. The most important sales market in 2016 was the segment construction that consumed about 36% of total global consumption. Adhesives and sealants are, for example, used for wall and floor coverings. In new constructions, maintenance or building refurbishment, they are used for construction parts, such as coverings, panels, and insulation materials, pipes, and interior construction.

Adhesives Instead of Screws

The highest growth rate between 2016 and 2024 is forecast for the segment transportation that is likely to see market volume increase by 4.1% p.a. in the next eight years. The manufacture of cars and utility vehicles is most important in this segment. This application area, however, also includes demand for adhesives and sealants in the production of buses, motorcycles, trains, planes, and ships. Adhesives are, for example, used to bond single parts, such as plates, fittings, and other parts of the interior design. In addition, they are increasingly used to bond metals and plastics.

Light and Durable

PUR adhesives are also important for the packaging industry. Flexible packaging is made of a variety of film types and materials. Different technical characteristics, such as tensile strength, UV light durability, adherence, and air permeability, are to be combined. In 2016, more than 317,000 tonnes of adhesives and sealants were utilized for the segment packaging worldwide. Thus, demand in this segment had risen at an average rate of 3.8% p.a. Since 2008.

The Study in Brief:
Chapter 1 provides a depiction of the global market for adhesives and sealants based on polyurethane - including forecasts up to 2024: Data on demand for adhesives and sealants are analyzed for the regions Western Europe, Eastern Europe, North America, South America, Asia-Pacific, the Middle East, and Africa.
Chapter 2 provides market data for the 17 most important countries, that is, country-specific information on demand and revenues. Furthermore, demand is split by application areas.
Chapter 3 analyzes the regional markets for adhesives and sealants in detail: Data and influencing factors on the use in the segments construction, wood processing, transportation, shoes and leather, packaging, and other application areas.
Chapter 4 provides profiles of the largest manufacturers of PUR adhesives and sealants – clearly arranged according to contact details, turnover, profit, product range, production sites, and profile summary. Extensive profiles of 69 manufacturers are given, including BASF SE, DowDuPont Inc., 3M Company, Henkel AG & Co. KGaA, Illinois Tool Works Inc., Covestro AG, Huntsman International LLC, DIC Corporation, and Ashland Global Holdings Inc.

Further information: www.ceresana.com/en/market-studies/industry/pur-adhesives-sealants/

Ceresana is a leading international market research institute and consultancy company for chemicals, plastics, industrial goods, and packaging. The company has been providing more than 10,000 customers from trade and industry in 60 countries with up-to-date analyses for over 15 years. The services of Ceresana for manufacturers, processors, and associations include implementation oriented consulting, customized single-client studies, and more than 100 market studies independent of the order.
More about Ceresana at www.ceresana.com

Ceresana
Mainaustrasse 34
78464 Konstanz
Germany
Phone: +49 7531 94293 10
Fax: +49 7531 94293 27
Press Contact: Martin Ebner, m.ebner@ceresana.com

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