Press release
South East Asia Polyurethane Adhesives Market Forecasted to Hit USD 805.23 million by 2034 with a 8.5% CAGR
South East Asia Polyurethane Adhesives Market
According to Polaris Market Reports analysis, the global South East Asia polyurethane adhesives market size stood at USD 357.46 million in 2024. It is projected to reach USD 805.23 million by 2034, registering an 8.5% CAGR from 2025 to 2034.
Market Introduction
Polyurethane adhesives provide an adequate mixture of coherent robustness and adjustability which makes them excessively strong, sturdy adhesives. Polyurethanes secure well to the prominent unconditioned substrates but may need the usage of solvent-dependent primers to achieve high bond strengths. They provide adequate robustness at lower temperatures but normally lose strength after prolonged subjection over 302 °F.
Polyurethane adhesives are given as one- and two-part structures in a broad range of consistencies. They cure to configure thermoset polymers with adequate solvent and chemical aversion. They are excessively flexible and can be in the vicinity of cured configurations from excessively soft elastomers to dense, excessively hard plastics relying upon the allocation of hard and soft components in the resin.
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What Are Key Drivers of Market?
Growing Vehicle Demand: Automakers in Southeast Asia are augmenting production spaces in critical regions such as Indonesia, Thailand, and Vietnam to encounter this growing vehicle demand, which is driving the South East Asia polyurethane adhesives market growth. This pushes the demand for polyurethane adhesives as they are important substances in several automotive applications involving windshield securing, structural bonding, and inner assembly.
Rising Disposable Income: Rising income motivates consumers to invest more in automobiles, housing, consumer goods, and electronics, all of which need polyurethane adhesives in product advancements, manufacturing, and assembly. The electronics industry in the region is observing rapid growth due to rising consumer spending on laptops, smartphones, and home appliances.
Which Are Major Companies in Market?
Firms have essentially concentrated on acquisitions and mergers, modern product advancements, and tactical associations to proceed with their commanding footprint in the market. Key companies are mentioned below:
• 3M
• Ashland
• Avery Dennison Corporation
• BASF SE
• Beardow Adams
• Bostik
• Bodo Möller Chemie
• Covestro
• Dow
• H.B. Fuller Company
• Henkel AG & Co. KGaA
• Momentive Performance Materials
• Sika AG
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South East Asia Polyurethane Adhesives Market Report Highlights
✅ In terms of industry vertical, the footwear segment dominated the South East Asia polyurethane adhesives market share in 2024 due to rising demand for durable, flexible, and lightweight adhesives in shoe manufacturing.
✅ The automotive segment, based on industry vertical, is expected to grow at a rapid pace in the coming years owing to the increasing production of electric vehicles (EVs) and the rising demand for lightweight materials to enhance fuel efficiency and reduce emissions.
✅ In the market, Indonesia held the largest South East Asia polyurethane adhesives market revenue share in 2024 due to rapid urbanization, infrastructure development, and increasing investments in residential and commercial projects.
✅ The market in Thailand is estimated to grow at the fastest pace in the coming years, owing to the well-established vehicle manufacturing industry, supportive government policies, and rising production of electric vehicles (EVs).
What Are Key Segments Covered in Report?
The South East Asia polyurethane adhesives market segmentation is based on industry vertical, and country.
Based on industry vertical, the footwear segment held the largest market share in 2024 because of the growing demand for sturdy, adjustable, and lightweight adhesives in shoe manufacturing. The growing inclination for sports and casual footwear propelled by a rising middle-class population and increased disposable income notably assisted in the growth of the segment.
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Regional Analysis
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
📚 TOC:
1. South East Asia Polyurethane Adhesives Market, by Industry Vertical
1.1. Key Findings
1.2. Introduction
1.2.1. South East Asia Polyurethane Adhesives Market, by Industry Vertical, 2020-2034 (Volume in Kilotons, USD Million)
1.3. Footwear
1.3.1. South East Asia Polyurethane Adhesives Market, by Footwear, by Country, 2020-2034 (Volume in Kilotons, USD Million)
1.4. Automotive
1.4.1. South East Asia Polyurethane Adhesives Market, by Automotive, by Country, 2020-2034 (Volume in Kilotons, USD Million)
1.5. Construction
1.5.1. South East Asia Polyurethane Adhesives Market, by Construction, by Country, 2020-2034 (Volume in Kilotons, USD Million)
1.6. Packaging
1.6.1. South East Asia Polyurethane Adhesives Market, by Packaging, by Country, 2020-2034 (Volume in Kilotons, USD Million)
1.7. Others
1.7.1. South East Asia Polyurethane Adhesives Market, by Others, by Country, 2020-2034 (Volume in Kilotons, USD Million)
2. South East Asia Polyurethane Adhesives Market, by Country
2.1. Key Findings
2.2. Introduction
2.2.1. South East Asia Polyurethane Adhesives Market Assessment, By Country, 2020-2034 (Volume in Kilotons, USD Million)
2.2.1.1. Indonesia: South East Asia Polyurethane Adhesives Market, by Industry Vertical, 2020-2034 (Volume in Kilotons, USD Million)
2.2.1.2. Thailand: South East Asia Polyurethane Adhesives Market, by Industry Vertical, 2020-2034 (Volume in Kilotons, USD Million)
2.2.1.3. Malaysia: South East Asia Polyurethane Adhesives Market, by Industry Vertical, 2020-2034 (Volume in Kilotons, USD Million)
2.2.1.4. Singapore: South East Asia Polyurethane Adhesives Market, by Industry Vertical, 2020-2034 (Volume in Kilotons, USD Million)
2.2.1.5. Rest of South East Asia: South East Asia Polyurethane Adhesives Market, by Industry Vertical, 2020-2034 (Volume in Kilotons, USD Million)
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