Published by Coherent Market Insights
Posted on October 10, 2021
The PU adhesives market size is projected to grow from USD 7.0 billion in 2019 to USD 9.1 billion by 2024, at a CAGR of 5.6%, during the forecast period.
Polyurethane-based adhesives are used in bonding solid and relatively inflexible substances and provides high UV resistance. Polyurethane polymers are formed by the reaction of isocyanate and a polyol. Both isocyanates and polyols used in the process contain two or more functional groups per molecule. They are used for bonding wood, leather, metals, cured epoxy, rubbers, tile, glass, plastics, concrete, and brick. Excellent strength, fast curing time, good optical clarity, good abrasion and chemical resistance, and good strength & impact resistance are some of the key features of polyurethane adhesives.
A detailed report on Global Polyurethane Adhesives Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.
Top Key Players in Polyurethane Adhesives market: Huntsman Corporation, 3M, Sika AG, Ashland Inc., Arkema S.A., H.B. Fuller, Illinois Tool Works Inc., Henkel AG & Co. KGaA, Scott Bader Company Ltd., and The Dow Chemical Company.
Regional Analysis For Polyurethane Adhesives Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Polyurethane Adhesives market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Polyurethane Adhesives Market Outlook – Modern Infrastructural needs to be the Major Market Driver
Asia Pacific and North America are expected to be the most potential markets for polyurethane adhesives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is owing to the constantly growing construction industry in developing countries such as India and China. According to India Brand Equity Foundation (IBEF)—a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian construction industry is expected to be pegged at US$ 5 billion by 2020. Various government schemes and foreign investments have augmented growth of polyurethane adhesives market in the region. Growing infrastructural needs in India has attracted various investors such as Silver Spring Capital Management, Altico Capital, The Construction Industry Development Board of Malaysia, and among others.
Application of adhesives in industries such as building & construction, packaging, automobile, aerospace, electrical & electronics, and locomotives, especially in Asia Pacific and Middle East regions. Mergers and acquisitions and expansions in various geographies are some of key strategies followed by the top players in the construction chemicals market. In August 2016, Pidilite Industries, a leading manufacturer of construction chemicals, adhesives and sealants with Industria Chimica Adriatica Spa (ICA) of Italy formed an equal joint venture company
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Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
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The post Polyurethane Adhesives market To Eyewitness Massive Growth By 2026 | Huntsman Corporation, 3M, Sika AG, Ashland Inc., Arkema S.A., H.B. Fuller, Illinois Tool Works Inc., appeared first on Gatorledger.
The PU adhesives market size is projected to grow from USD 7.0 billion in 2019 to USD 9.1 billion by 2024, at a CAGR of 5.6%, during the forecast period.
Polyurethane-based adhesives are used in bonding solid and relatively inflexible substances and provides high UV resistance. Polyurethane polymers are formed by the reaction of isocyanate and a polyol. Both isocyanates and polyols used in the process contain two or more functional groups per molecule. They are used for bonding wood, leather, metals, cured epoxy, rubbers, tile, glass, plastics, concrete, and brick. Excellent strength, fast curing time, good optical clarity, good abrasion and chemical resistance, and good strength & impact resistance are some of the key features of polyurethane adhesives.
A detailed report on Global Polyurethane Adhesives Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.
Top Key Players in Polyurethane Adhesives market: Huntsman Corporation, 3M, Sika AG, Ashland Inc., Arkema S.A., H.B. Fuller, Illinois Tool Works Inc., Henkel AG & Co. KGaA, Scott Bader Company Ltd., and The Dow Chemical Company.
Regional Analysis For Polyurethane Adhesives Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Polyurethane Adhesives market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Polyurethane Adhesives Market Outlook – Modern Infrastructural needs to be the Major Market Driver
Asia Pacific and North America are expected to be the most potential markets for polyurethane adhesives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is owing to the constantly growing construction industry in developing countries such as India and China. According to India Brand Equity Foundation (IBEF)—a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian construction industry is expected to be pegged at US$ 5 billion by 2020. Various government schemes and foreign investments have augmented growth of polyurethane adhesives market in the region. Growing infrastructural needs in India has attracted various investors such as Silver Spring Capital Management, Altico Capital, The Construction Industry Development Board of Malaysia, and among others.
Application of adhesives in industries such as building & construction, packaging, automobile, aerospace, electrical & electronics, and locomotives, especially in Asia Pacific and Middle East regions. Mergers and acquisitions and expansions in various geographies are some of key strategies followed by the top players in the construction chemicals market. In August 2016, Pidilite Industries, a leading manufacturer of construction chemicals, adhesives and sealants with Industria Chimica Adriatica Spa (ICA) of Italy formed an equal joint venture company
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Polyurethane Adhesives market To Eyewitness Massive Growth By 2026 | Huntsman Corporation, 3M, Sika AG, Ashland Inc., Arkema S.A., H.B. Fuller, Illinois Tool Works Inc., appeared first on Gatorledger.
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