Press release
Global Polyurethane Adhesives Market is Anticipated to Reach USD 18,999.9 Million and Growing at a CAGR of 8.64% During Forecast Period 2023 - 2030
Infinium Global Research unveils an extensive report offering deep insights into the Global Polyurethane Adhesives Market, presenting an in-depth analysis of segments, drivers, restraints, and macro indicators shaping this thriving industry. The report encompasses a comprehensive view of both global and regional perspectives, providing invaluable insights into this pivotal sector.The report forecasts a robust Compound Annual Growth Rate (CAGR) of 8.64% for the global polyurethane adhesives market over the forecast period spanning from 2023 to 2030. The market, valued at a significant figure in 2023, is anticipated to witness substantial growth, driven by several defining factors.
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Understanding Polyurethane Adhesives
Polyurethane adhesives represent an elastic glue variant characterized by exceptional elasticity and high fracture resistance. These adhesives offer robust impact-resistant joints, superior low-temperature strength, and swift curing, often used in conjunction with primers. Available commercially in one and two-component forms, they serve as an ideal solution for structural bonding across various porous and non-porous materials such as metal, glass, and plastics.
Market Drivers and Growth Catalysts
The proliferation of polyurethane adhesives finds roots in expanding end-use industries like electronics, automotive, construction, footwear, and packaging. The automotive industry's focus on producing lightweight vehicles for improved fuel efficiency and reduced emissions stands as a key driver, bolstering the demand for polyurethane adhesives. Similarly, the building and construction sector leverages these adhesives' unique bonding capabilities, especially with non-porous materials and high moisture conditions, fueling market growth.
Regional Insights
Asia-Pacific spearheads the global polyurethane adhesives market, owing to rapid growth in countries like China, India, Japan, and South Korea. Significant investments in residential and green building projects in India further propel market growth. North America stands as the second-largest market, driven by urbanization, investments in construction, automobile, and technology sectors.
Segmentation and Key Players
The report segments the market based on type (thermoset and thermoplastic), technology (solvent-borne, reactive, dispersion, hot-melt, among others), and application (building & construction, automotive, packaging, footwear, electrical and electronics, among others).
Profiles of key market players including Dow Chemical Company, 3M Company, Sika AG, H.B. Fuller, Arkema S.A., Henkel AG & Co. KGaA, Ashland Global Holdings Inc., Huntsman Corporation, Scott Bader Company Ltd., and Illinois Tool Works Inc. offer insights into their roles and contributions within the polyurethane adhesives market landscape.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Polyurethane Adhesives Market Highlights
2.2. Polyurethane Adhesives Market Projection
2.3. Polyurethane Adhesives Market Regional Highlights
Chapter 3. Global Polyurethane Adhesives Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Analysis of COVID-19 impact on the Polyurethane Adhesives Market
3.4. Porter's Five Forces Analysis
3.5. IGR-Growth Matrix Analysis
3.5.1. IGR-Growth Matrix Analysis by Type
3.5.2. IGR-Growth Matrix Analysis by Technology
3.5.3. IGR-Growth Matrix Analysis by Application
3.5.4. IGR-Growth Matrix Analysis by Region
3.6. Value Chain Analysis of Polyurethane Adhesives Market
Chapter 4. Polyurethane Adhesives Market Macro Indicator Analysis
Chapter 5. Global Polyurethane Adhesives Market by Type
5.1. Thermoset
5.2. Thermoplastic
Chapter 6. Global Polyurethane Adhesives Market by Technology
6.1. Solvent-borne
6.2. Reactive
6.3. Dispersion
6.4. Hot-melt
6.5. Others
Chapter 7. Global Polyurethane Adhesives Market by Application
7.1. Building & Construction
7.2. Automotive
7.3. Packaging
7.4. Footwear
7.5. Electrical and Electronics
7.6. Others
Chapter 8. Global Polyurethane Adhesives Market by Region 2023-2030
8.1. North America
8.1.1. North America Polyurethane Adhesives Market by Type
8.1.2. North America Polyurethane Adhesives Market by Technology
8.1.3. North America Polyurethane Adhesives Market by Application
8.1.4. North America Polyurethane Adhesives Market by Country
8.2. Europe
8.2.1. Europe Polyurethane Adhesives Market by Type
8.2.2. Europe Polyurethane Adhesives Market by Technology
8.2.3. Europe Polyurethane Adhesives Market by Application
8.2.4. Europe Polyurethane Adhesives Market by Country
8.3. Asia-Pacific
8.3.1. Asia-Pacific Polyurethane Adhesives Market by Type
8.3.2. Asia-Pacific Polyurethane Adhesives Market by Technology
8.3.3. Asia-Pacific Polyurethane Adhesives Market by Application
8.3.4. Asia-Pacific Polyurethane Adhesives Market by Country
8.4. RoW
8.4.1. RoW Polyurethane Adhesives Market by Type
8.4.2. RoW Polyurethane Adhesives Market by Technology
8.4.3. RoW Polyurethane Adhesives Market by Application
8.4.4. RoW Polyurethane Adhesives Market by Sub-region
Chapter 9. Company Profiles and Competitive Landscape
9.1. Competitive Landscape in the Global Polyurethane Adhesives Market
9.2. Companies Profiles
9.2.1. Dow Chemical Company
9.2.2. 3M Company
9.2.3. Sika AG
9.2.4. H.B. Fuller
9.2.5. Arkema S.A.
9.2.6. Henkel AG & Co. KGaA
9.2.7. Ashland Global Holdings Inc.
9.2.8. Huntsman Corporation
9.2.9. Scott Bader Company Ltd.
9.2.10. Illinois Tool Works Inc.
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/reports/enquiry/25597
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of polyurethane adhesives.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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