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Global Polyurethane Adhesives Market 2017-2021

Global Polyurethane Adhesives Market 2017-2021

About Polyurethane Adhesives

Adhesives are substances applied on one or both the surfaces to bind them together. They have replaced rivets, welded parts, and other mechanical parts in various equipment. Polyurethane adhesives reduce the overall costs of the entire manufacturing process. They exhibit superior product performance, are reliable, and increase the lifespan of the product. They are increasingly used in the automotive and transportation, furniture and woodwork, building and construction, electrical and electronics, footwear, and packaging industries. Polyurethane adhesives reduce the overall weight of the vehicle, thereby enhancing fuel efficiency.

Technavio’s analysts forecast the global polyurethane adhesives market to grow at a CAGR of 7.31% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global polyurethane adhesives market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • MEA
Technavio's report, Global Polyurethane Adhesives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ashland
  • BASF
  • Henkel
  • The Dow Chemical Company
  • 3M
Other prominent vendors
  • Arkema Group
  • Covestro
  • H.B. FULLER COMPANY
  • Huntsman Corporation
  • Illinois Tool Works
  • Sika
Market driver
  • Increasing demand for polyurethane adhesives by footwear industry
  • For a full, detailed list, view our report
Market challenge
  • Volatile prices of raw materials
  • For a full, detailed list, view our report
Market trend
  • Increasing adoption of sustainable products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Technavio Announces the Publication of its Research Report – Global Polyurethane Adhesives Market 2017-2021

Technavio recognizes the following companies as the key players in the global polyurethane adhesives market: Ashland, BASF, Henkel, The Dow Chemical Company, and 3M.

Other Prominent Vendors in the market are: Arkema Group, Covestro, H.B. FULLER COMPANY, Huntsman Corporation, Illinois Tool Works, and Sika.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing adoption of sustainable products. Rising emphasis on reducing VOC emissions and sustainability has led polyurethane adhesive manufacturers to develop new, environment-friendly products. These products reduce carbon footprint. Currently, the newer products must not only be of superior quality but also be sustainable and low cost. The growing demand from consumer applications is elevating the consumption of polyurethane adhesives in near future.”

According to the report, one driver in the market is increasing demand for polyurethane adhesives by footwear industry. Polyurethane adhesives exhibit excellent resistance to impacts and are thus popularly used in the footwear industry. These adhesives provide flexible, strong, and durable adhesion to a variety of substrates used by the footwear industry. The rising demand for waterborne heat-activated adhesive solutions by the footwear industry has led manufacturers to focus on high-quality polyurethane adhesives. Covestro, a leading polyurethane adhesives manufacturer, offers a range of aqueous polyurethane dispersions known as Dispercoll U.

Further, the report states that one challenge in the market is volatile prices of raw materials. Several chemicals that are used to manufacture polyurethane adhesives are derived from crude oil, such as polyols, and diisocyanates such as TDI and MDI. The oil and gas industry is one of the key suppliers of raw materials in the global polyurethane adhesives market as these adhesives are produced from petroleum fractions. Fluctuations in crude oil prices have an adverse impact on the price of raw material, thereby affecting the costs of polyurethane adhesives. Price of crude oil (per barrel) decreased at a rate of nearly 60% from 2015 to 2016.

Companies Mentioned

Ashland, BASF, Henkel, The Dow Chemical Company, 3M, Arkema Group, Covestro, H.B. FULLER COMPANY, Huntsman Corporation, Illinois Tool Works, and Sika.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Advantages and disadvantages of polyurethane adhesives
  • Market landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
    • Market sizing 2016
      • Table Market size of global polyurethane adhesives market 2016
    • Market size and forecast 2016-2021
      • Table Global polyurethane adhesives - Market size and forecast 2016-2021 ($ millions)
      • Table Global polyurethane adhesives market - Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
  • Market segmentation by end-user
    • Market segmentation by end-user
      • Table Global polyurethane adhesives market by end-user 2016-2021 (% share of revenue)
    • Comparison by end-user
      • Table Comparison by end-user
    • Building and construction - Market size and forecast 2016-2021
      • Table Building and construction - Market size and forecast 2016-2021 ($ millions)
      • Table Building and construction - Year-over-year growth 2017-2021 (%)
    • Furniture and woodwork - Market size and forecast 2016-2021
      • Table Furniture and woodwork - Market size and forecast 2016-2021 ($ millions)
      • Table Furniture and woodwork - Year-over-year growth 2017-2021 (%)
    • Automotive and transportation- Market size and forecast 2016-2021
      • Table Automotive and transportation - Market size and forecast 2016-2021 ($ millions)
      • Table Automotive and transportation - Year-over-year growth 2017-2021 (%)
    • Others- Market size and forecast 2016-2021
      • Table Others - Market size and forecast 2016-2021 ($ millions)
      • Table Others - Year-over-year growth 2017-2021 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Market segmentation by technology
    • Market segmentation by technology
      • Table Technology - Market share 2016-2021 (%share of revenue)
    • Comparison by technology
      • Table Comparison by technology
    • Solvent-borne polyurethane adhesives - Market size and forecast 2016-2021
      • Table Solvent-borne polyurethane adhesives - Market size and forecast 2016-2021 ($ millions)
      • Table Solvent-borne polyurethane adhesives - Year-over-year growth 2017-2021 (%)
    • Reactive polyurethane adhesives - Market size and forecast 2016-2021
      • Table Reactive polyurethane adhesives - Market size and forecast 2016-2021 ($ millions)
      • Table Reactive polyurethane adhesives - Year-over-year growth 2017-2021 (%)
    • Dispersion polyurethane adhesives - Market size and forecast 2016-2021
      • Table Dispersion polyurethane adhesives - Market size and forecast 2016-2021 ($ millions)
      • Table Dispersion polyurethane adhesives - Year-over-year growth 2017-2021 (%)
    • Hot-melt polyurethane adhesives - Market size and forecast 2016-2021
      • Table Hot-melt polyurethane adhesives - Market size and forecast 2016-2021 ($ millions)
      • Table Hot-melt polyurethane adhesives - Year-over-year growth 2017-2021 (%)
    • Others - Market size and forecast 2016-2021
      • Table Others - Market size and forecast 2016-2021 ($ millions)
      • Table Others- Year-over-year growth 2017-2021 (%)
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Regional landscape
    • Geographical segmentation
      • Table Global polyurethane adhesives market by geography 2016-2021 (% share of revenue)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2016-2021
      • Table APAC - Market size and forecast 2016-2021 ($ millions)
      • Table APAC - Year-over-year growth 2017-2021 (%)
    • Europe - Market size and forecast 2016-2021
      • Table Europe - Market size and forecast 2016-2021 ($ millions)
    • Americas - Market size and forecast 2016-2021
      • Table Americas - Market size and forecast 2016-2021 ($ millions)
      • Table Americas - Year-over-year growth 2017-2021 (%)
    • MEA- Market size and forecast 2016-2021
      • Table MEA - Market size and forecast 2016-2021 ($ millions)
      • Table MEA - Year over year growth 2017-2021 (%)
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global footwear market 2016-2021 ($ billions)
      • Table Global four-wheeler production 2015-2021 (million units)
      • Table Global two-wheeler production 2015-2021 (million units)
    • Market challenges
  • Market trends
    • Increasing adoption of sustainable products
    • Advances in polyurethane-based hot melt adhesives
    • Product innovations in polyurethane adhesives market
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Vendor analysis
    • Vendor overview
      • Table Ashland: Polyurethane adhesives products
      • Table BASF: Polyurethane adhesives products
      • Table Henkel: Polyurethane adhesives products
      • Table 3M: Polyurethane adhesives products
      • Table Markets served by different business segments of 3M
  • Appendix
    • List of abbreviations
  • Explore Technavio

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