Polyurethane Sealants (PU) Market Growth Accelerates: Strategic Forecast Predicts $3.96 Billion by 2029

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What Will the Polyurethane Sealants (PU) Industry Market Size Be by 2025?
In the past few years, the market size of polyurethane sealants (PU) has been consistently increasing. It is anticipated to rise from $3.02 billion in 2024 to $3.17 billion in 2025 with a compound annual growth rate (CAGR) of 4.9%. The historic growth is credited to factors such as a surge in construction and building activities, the demand for infrastructure development, expansion in automotive manufacturing, growth in the manufacturing sector, and a move towards energy-saving buildings.

What's the Long-Term Growth Forecast for the Polyurethane Sealants (PU) Market Size Through 2029?
It is anticipated that the market for polyurethane sealants (PU) will experience significant expansion in the upcoming years, reaching a value of $3.96 billion in 2029, with a compound annual growth rate (CAGR) of 5.7%. This growth projected for the forecast period is a result of factors such as eco-friendly and sustainable construction activities, renewable energy infrastructure development, trends in automotive lightweighting, urban growth combined with smart city strategies, and technological progress in industrial production. Other influential trends expected to transpire over the forecast duration include a rise in marine applications, personalized sealant solutions, a transition to low-VOC formulas, worldwide market growth, and a focus on improved efficiency.

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What Are the Key Growth Drivers Fueling the Polyurethane Sealants (PU) Market Expansion?
The expected growth of the polyurethane sealants (PU) market is driven by a surge in demand in the sectors of building and construction, automotive, and consumer products. Expanded construction and infrastructural establishments catering to population growth and urbanization trends mark an increase in demand in the building and construction domain. Concurrently, the surge in automotive needs comprises the manufacturing of diverse vehicles needed to supplement urban lives. The construction field deploys glass installations, such as those found in doors and windows. Polyurethane sealants find their usage in the construction and building industry for filling voids and halting the ingress of air and water into joints, while in the automotive industry, these sealants are used to securely install windshields and glasses onto the vehicle frames. As reported by Kroll, a US-based financial and risk advisory firm in May 2024, the projected auto sales volumes are set to cross 92 million units on a global scale in 2024. The year 2023 experienced a 10.9% uptick in global vehicle sales, and U.S. light vehicle sales also recorded a 13.1% year-over-year growth to hit 15.5 million units. Moreover, U.S. vehicle sales are predicted to see a further climb to 15.9 million units in 2024. Consequently, the escalating demand within the sectors of building and construction, automotive, and consumer products serves as the propelling force behind the growth of the polyurethane sealants (PU) market.

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What Are the Key Trends Driving Polyurethane Sealants (PU) Market Growth?
Technological advancements are influencing the polyurethane sealants (PU) market. In November 2023, Switzerland-based Sika AG introduced PURFORM polyurethane technology. Containing less than 0.1% monomeric diisocyanate, this new sealant offers high durability and adhesion while reducing health risks and increasing sustainability.

How Is the Polyurethane Sealants (PU) Market Segmented?
The polyurethane sealants (PU) market covered in this report is segmented -

1) By Type: One-Component, Two-Component
2) By Application: Glazing, Flooring And Joining, Concrete Joints, Submerged, Sanitary And Kitchen
3) By End-User: Building And Construction, Automotive, General Industrial, Marine, Aerospace, Other End-Users

Subsegments:
1) By One-Component: Moisture-Curing Sealants, Heat-Curing Sealants, Solvent-Based Sealants
2) By Two-Component: Polyurethane Or Polyol Systems, Epoxy-Polyurethane Systems, Hybrid Systems

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Which Companies Are Leading the Charge in Polyurethane Sealants (PU) Market Innovation?
Major companies operating in the polyurethane sealants (PU) market include 3M Company, Arkema SA, Asian Paints Ltd., Badische Anilin- und Sodafabrik, The Dow Chemical Company, Sika AG, H.B. Fuller India Adhesives Pvt Ltd., Henkel AG & Company KGaA, Mapei S.P.A., Itw Polymer Sealants North America Inc., Soudal N.V., Hodgson Sealants Ltd, Pidilite Industries Limited, Akzo Nobel N.V., RPM International Inc., Wacker Chemie AG, Huntsman Corporation, Avery Dennison Corporation, Bostik SA, Chemence Inc., Dicks-Armstrong-Pontius, Franklin International Inc., General Electric Company, Illinois Tool Works Inc., Jowat SE, Kumkang Korea Chemicals Co. Ltd., LORD Corporation, Momentive Performance Materials Inc., PPG Industries Inc., Royal Adhesives & Sealants LLC, SABA Dinxperlo B.V., Sashco Inc., Selena Group, Tremco Incorporated, W. L. Gore & Associates Inc., Weicon GmbH & Co. KG, Worthen Industries Inc.

Which Regions Are Leading the Global Polyurethane Sealants (PU) Market in Revenue?
Asia-Pacific was the largest region in the global polyurethane sealants (PU) market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the polyurethane sealants (PU) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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