Global Polyurethane Adhesives Market, 2024-2030

Polyurethane adhesives are also known as an elastic glue, is a polymer formed by the reaction of polyol and isocyanates. Adhesive is the substance applied on to different surfaces to bind them together. Use of adhesives has eliminated the demand for welded parts, rivets, and other mechanical parts in many equipment. Most polyurethanes are thermosetting polymers or thermoset plastic which becomes rigid and set when heated. It can be set in room temperature, need not to apply extra heat. The adhesive is applied as a liquid, or in some cases where it has been filled or modified as a paste.

Polyurethane adhesives have wide area of end user application such as construction, electronics, footwear, furniture, automotive, packaging, and so on. Most of the automotive industry adopting the polyurethane adhesives for joining purpose, which makes the vehicle light weight with safety and fuel efficient.

The global polyurethane adhesives research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global Polyurethane adhesives market is growing at a fast pace and increasing its geographical footprint rapidly. The global Polyurethane adhesives market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia Pacific region due to growth of end-use industries, such as building & construction, transportation, furniture, and packaging .The major growth driver for polyurethane adhesives market is increasing benefits of thermoplastics in adhesion to various difficult substrates such as rubber, wood and plastics along with their adjustive sealing temperatures, hot tack, and formation versatility.

Polyurethane adhesives enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of Polyurethane adhesives market globally. The companies that lead global market are 3M, Avery Dennison Corp, H.B. Fuller, Henkel AG & Co, Huntsman Corporation, Illinois Tool Works Inc., Sika AG, and Dow Chemical Company among others.

Research Methodology

The research process includes the market segmentation of the global polyurethane adhesives market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global polyurethane adhesives industry dynamics
• Estimation of the present global polyurethane adhesives market size in terms of value and volume
• Global polyurethane adhesives market breakup based on type and application.
• Verified global polyurethane adhesives market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global polyurethane adhesives industry value chain.

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