Press release
Polyurethane Adhesives Market to Reach USD 12.04 Billion by 2030, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
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Market Statistics
• Market size: USD 8.45 billion in 2023
• Forecast value: USD 12.04 billion by 2030
• CAGR: 5.14%
• Forecast period: 2024-2030
• Base year: 2023
• Total number of segments: 4
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Resin Type
• Thermoset
• Thermoplastic
By Technology Type
• Solvent-borne
• 100% Solids
• Dispersion
• Others
By End-Use Industry Type
• Automotive & Transportation
• Building & Construction
• Packaging
• Footwear
• Industrial
• Furniture & Decoration
• Others
By Region
• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Segment Analysis
Based on technology type, the market is segmented into solvent-borne, 100% solids, dispersion, and others. The solvent-borne segment is estimated to dominate the market during the forecast period due to the presence of hydroxyl-terminated polyurethane with high molecular weight, which makes these adhesives suitable for a broad range of industrial and construction applications. Their easy availability in different grades and strong performance characteristics continue to support widespread adoption across end-use industries, encouraging manufacturers to expand production capacities and strengthen product portfolios. Dispersion technology is expected to grow at the fastest pace during the forecast period as industries increasingly seek efficient adhesive systems for modern manufacturing applications.
Based on resin type, the market is segmented into thermoset and thermoplastic. The thermoset segment is expected to dominate the market during the forecast period owing to the increasing use of thermoset resins in demanding industrial applications. Thermoset polyurethane adhesives offer superior durability, heat resistance, and mechanical strength, making them highly suitable for automotive, construction, and industrial assembly applications, which is creating long-term growth opportunities for suppliers focusing on high-performance adhesive formulations.
Based on end-use industry type, the market is segmented into automotive & transportation, building & construction, packaging, footwear, industrial, furniture & decoration, and others. The automotive & transportation segment is estimated to account for the major share of the market during the forecast period. Polyurethane adhesives are increasingly replacing conventional fastening technologies in vehicle assembly due to their ability to provide robust bonding, lightweight performance, and improved design flexibility. Their extensive use in applications such as roof panels, sidewall assembly, deck assembly, front molding, and interior trims is accelerating demand among automotive manufacturers, enabling adhesive producers to align more closely with evolving lightweight vehicle production trends.
Regional Insights
Asia-Pacific is estimated to dominate the polyurethane adhesives market during the forecast period. The region's growth is driven by high demand from automotive & transportation and packaging industries, along with improving economic conditions across emerging economies. Countries such as China, India, Japan, Thailand, and South Korea continue to witness rapid industrialization and infrastructure development, increasing the adoption of polyurethane adhesives across manufacturing and construction sectors, which is encouraging global manufacturers to strengthen their regional distribution and production networks.
Asia-Pacific is also expected to witness strong growth momentum during the forecast period due to rising urbanization, expanding industrial activities, and increasing investments in infrastructure development. Growing construction activities and increasing manufacturing output across key economies are accelerating the consumption of polyurethane adhesives in packaging, automotive, and industrial applications, enabling companies operating in the value chain to capitalize on expanding regional demand.
Market Drivers
• Increasing infrastructure investments worldwide are accelerating construction activities, driving higher demand for polyurethane adhesives in bonding and sealing applications.
• Rising urbanization in emerging economies is increasing the need for residential and commercial construction, supporting adhesive consumption across multiple applications.
• Expanding automotive production is increasing the adoption of polyurethane adhesives for lightweight assembly and advanced vehicle interior applications.
• Growing packaging industry demand is encouraging the use of polyurethane adhesives due to their strong bonding performance and durability across flexible packaging solutions.
• Increasing preference for advanced bonding technologies over traditional fastening methods is boosting polyurethane adhesive adoption across industrial manufacturing sectors.
Competitive Landscape
Top Companies in the Market
• Sika AG
• Jowat SE
• Arkema S.A.
• Ashland Inc.
• LORD Corporation
• DowDuPont Inc.
• Franklin International
FAQs
1. How large is the polyurethane adhesives market expected to become by 2030?
The polyurethane adhesives market is projected to reach USD 12.04 billion by 2030, growing at a CAGR of 5.14% during 2024-2030.
2. Which industries are creating the highest demand for polyurethane adhesives?
Automotive & transportation, building & construction, packaging, and industrial sectors are generating significant demand due to increasing infrastructure development and lightweight assembly requirements.
3. Why are automotive manufacturers shifting toward polyurethane adhesives?
Automotive manufacturers are increasingly adopting polyurethane adhesives because they help reduce vehicle weight, improve structural bonding, and replace conventional fastening technologies in vehicle assembly.
4. Which technology segment is leading the polyurethane adhesives market?
The solvent-borne segment is expected to remain dominant during the forecast period because of its suitability for diverse industrial and construction applications.
5. Which region is driving growth opportunities for polyurethane adhesives suppliers?
Asia-Pacific is expected to dominate the market due to rapid industrialization, growing automotive production, rising packaging demand, and increasing infrastructure investments across emerging economies.
Related Links:
Microspheres Market: https://www.leenkup.com/read-blog/134314
Membrane Chromatography Market: https://youthsinspired.org/blogs/29461/Membrane-Chromatography-Market-Analysis-by-Technique-Product-Type-and-End
Composite Insulated Panels Market: https://paperpage.in/blogs/26628/Composite-Insulated-Panels-Market-Expected-to-Grow-at-6-CAGR
Accessory Drive Train Market: https://zekond.com/read-blog/350691
3D Printing Powder Market: https://kahkaham.net/read-blog/199809_3d-printing-powder-market-analysis-growth-trends-and-industry-outlook
Titanium Alloys Market: https://www.japanesewomenorg.com/read-blog/97517
Snowmobile Market: https://www.pikumil.com/blogs/44075/Snowmobile-Market-Analysis-Industry-Trends-Growth-Drivers-and-Key-Players
Seals Market: https://payrchat.com/blogs/65734/seals-market
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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