Polyurethane Adhesive Market - Positive Long-Term Growth Outlook 2024
An adhesive is a substance that holds materials together by surface attachment. It is used for the joining of two substrates. Adhesives are made up of raw materials such as fillers, softeners, tackifiers, cross-linking agents, and antioxidants. Acrylic, natural rubber, silicone, and polyurethane are the different types of adhesives depending upon the degree of their composition.
Polyurethane adhesives offer flexible curing time at room and extreme temperature. This is the major advantage of polyurethane adhesives. They can be applied either manually or with the help of dispensing equipment. Polyurethane adhesives offer excellent bonding characteristics for surfaces such as ceramics, rubber, plastic, glass, and wood. Polyurethane adhesives are widely employed in applications where higher efficiency is required at lower operating cost. Fast curing time, excellent strength, good abrasion & chemical resistance, good optical clarity, and good strength & impact resistance are some of the key characteristics of polyurethane adhesives.
Get PDF Brochure for more Professional and Technical insights :
These adhesives are employed in industries such as automobile, building & construction, packaging, aerospace, electrical & electronics, locomotives, and optical due to their versatility in operations. Based on technology, the polyurethane adhesive market can be segmented into solvent borne, reactive, dispersion, and hot melt. Solvent borne accounts for the dominant share of the polyurethane adhesive market, as these provide instant bonding with good adhesion characteristics. In terms of type, the market for polyurethane adhesive can be segmented into thermoplastic and thermoset. Thermoplastic polyurethane adhesives are comparatively expensive; however, these are widely used in structural and load bearing applications due to their properties such as adjustable sealing temperature, high tack, and ability to adhere to different surfaces such as metal, PVC, rubber, wood, and leather. Thus, the segment is expected to witness significant growth rate in the near future.
Growth in the construction industry, proliferating use of adhesive in automotive applications to reduce the weight of vehicles, and rise in demand in emerging countries of Asia Pacific and Middle East & Africa are driving the market for polyurethane adhesives. Increase in middle class population and accelerated rate of urbanization in developing countries such as India, China, and Brazil is also propelling the construction industry and hence the demand for polyurethane adhesive. The building & construction industry dominates the polyurethane adhesive market. Expansion in the building & construction industry in countries such as the U.S., China, Germany, India, Japan, and South Korea is expected to boost the demand for polyurethane adhesives in the next few years.
Polyurethane adhesives are increasingly used in place of traditional fasteners for joining and sealing applications. The need to reduce the overall weight of vehicles in order to achieve better fuel efficiency and curb exhaust emission is also propelling the demand for polyurethane adhesives in countries such as India, China, Brazil, and Mexico. Footwear is also a lucrative segment of the polyurethane adhesive market, led by the rising demand for innovative footwear design, particularly in countries in Southeast Asia such as Indonesia and Vietnam. Increase in usage of polyurethane adhesive in various end-user industries is likely to drive the demand for these adhesives; however, fluctuation in prices of crude oil, which is a basic raw material, may hamper market growth in the near future.
Major players operating in the polyurethane adhesive market are 3M, BASF AG, Avery Dennison Corporation, Arkema S.A., Ashland Inc., H.B. Fuller, Henkel AG & Co. KGaA, Huntsman Corporation, Illinois Tool Works Inc., Scott Bader Company Ltd., Sika AG, and The Dow Chemical Company.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polyurethane Adhesive Market - Positive Long-Term Growth Outlook 2024 here
News-ID: 422183 • Views: 326
More Releases from Transparency Market Research
Turbocharger Market – Growth, Trends and Demands Research Report and Forecast …
A turbocharger is essentially a device which enhances efficiency and power output of internal combustion engines. Increase in efficiency is achieved by forcing extra air into the combustion chamber. The extra air forced into the combustion chamber results in fuel addition and better combustion rate, which eventually boosts the conventional or naturally aspirated engine. A turbocharger has a compressor which is powered by a turbine. The turbine is propelled by
Cultured Marble Market – Future Scope and Ongoing Market Development By 2025
Cultured stone is a blend of stone particles and resins that is combined with pigments to produce a wide range of colors and realistic, natural looking patterns. It consists of cultured marble, cultured granite, and cultured onyx. Cultured marble is a precise blend of polyester resin, catalyst, fillers, and pigments, thoroughly mixed and placed into open molds which are coated with a gelcoat. The gelcoat is especially formulated so as
Mixer Granulator Market: Is Set To Grow According To Latest Research
Mixer granulators are an efficient and versatile blending device used for mixing of dry powders. They are used for fast dry & wet mixing, homogenizing, humidifying and granulating of the powder in Chemical, Pharmaceutical, Food, Cosmetic, Plastic, and general mixing Industries. Mixer granulator is consists of a bowl, feeder, outlet, control system, and impeller & chopper assembly. It is also used for size enlargement process in which mixtures of fine powders
Zinc–Bromine Batteries Market – Precise Analysis on Business Overview, Produ …
Zinc–bromine battery is a redox flow battery. A redox flow battery is the one in which most of the energy is stored by plating zinc as a solid on the anode during charging. In a cell of the zinc–bromine battery, there are two compartments filled with two different electrolytes. The two compartments are separated by a microporous polyolefin membrane. One electrolyte comes into action when a positive electrode reaction takes
More Releases for Polyurethane
Global Thermoplastic Polyurethane Elastomers Regional Outlook 2019
The global Thermoplastic Polyurethane Elastomers market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Thermoplastic Polyurethane Elastomers volume and value at global level, regional level and company level. From a global perspective, this report represents overall Thermoplastic Polyurethane Elastomers market size by analyzing historical data and future prospect. Regionally, this
Soft Polyurethane Wheeled Castors from Elesa
Continuously moving loads will benefit from these soft polyurethane wheeled castors from Elesa as their 75 Shore A moulded-on wheels coupled to ball bearing hubs give exceptionally smooth rollability coupled with excellent maneuverability and zero maintenance. The RE.F2-N castors and wheels are suitable for tiled or cement-resin floors. With a robust pressure die cast aluminium wheel body they provide a capacity of up to 2000N – well suited to light industrial
Polyurethane Elastomers Market Insights, Forecast to 2025
Global Polyurethane Elastomers market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Polyurethane Elastomers. This report researches the worldwide Polyurethane Elastomers market size (value, capacity, production and consumption) in key regions like United
Polyurethane Insulation Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-chemical/polyurethane-insulation-market/79613 Polyurethane Insulation Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Polyurethane Insulation basics: definitions, classifications, applications and market overview; product specifications;
Advancements in Bio-Based Polyurethane Market | 2019
Polyurethanes are used in a wide range of industrial applications due to their chemical versatility, high performance and low cost. They find use in building and construction, consumer products, furniture and fixtures, transportation and in industrial applications. Polyurethane is traditionally a downstream derivative of crude oil, rendering it susceptible to the crude oil market fluctuations. Moreover in this age of the consumers, and the global inclination towards green products and
Global Bio Polyurethane (Bio-based Polyurethane) Market 2018 - BASF, Lubrizol
Apex Market Reports, recently published a detailed market research study focused on the “Bio Polyurethane (Bio-based Polyurethane) Market” across the global, regional and country level. The report provides 360° analysis of “Bio Polyurethane (Bio-based Polyurethane) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend