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Polyurethane Adhesives-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Polyurethane Adhesives market size is expected to reach US$ 2653.5 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Polyurethane Adhesives in various end use industries. The expanding demands from the Building & Construction, Automotive & Transportation, Packaging and Footwear, are propelling Polyurethane Adhesives market. Solvent-borne, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reactive segment is estimated at % CAGR for the next seven-year period.
Asia-Pacific is expected to witness the highest growth rate in the PU adhesives market, in terms of value and volume, between 2018 and 2023. In recent years, enormous increase in the building & construction activities has been witnessed in the region. The demand for automotive have also increased in the region over the past few years. These factors increase the demand for technologically advanced services, thus driving the need for PU adhesives in the region.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Polyurethane Adhesives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Polyurethane Adhesives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Polyurethane Adhesives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Polyurethane Adhesives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Polyurethane Adhesives covered in this report include Ashland, BASF, Henkel, The Dow Chemical Company, 3M, Arkema Group, Covestro, HB FULLER COMPANY and Huntsman Corporation, etc.
The global Polyurethane Adhesives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Ashland
BASF
Henkel
The Dow Chemical Company
3M
Arkema Group
Covestro
HB FULLER COMPANY
Huntsman Corporation
Illinois Tool Works
Sika
Global Polyurethane Adhesives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Polyurethane Adhesives market, Segment by Type:
Solvent-borne
Reactive
Dispersion
Hot-melt
Others
Global Polyurethane Adhesives market, by Application
Building & Construction
Automotive & Transportation
Packaging
Footwear
Electrical & Electronics
Furniture & Woodwork
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Polyurethane Adhesives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Polyurethane Adhesives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Polyurethane Adhesives market size is expected to reach US$ 2653.5 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Polyurethane Adhesives in various end use industries. The expanding demands from the Building & Construction, Automotive & Transportation, Packaging and Footwear, are propelling Polyurethane Adhesives market. Solvent-borne, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reactive segment is estimated at % CAGR for the next seven-year period.
Asia-Pacific is expected to witness the highest growth rate in the PU adhesives market, in terms of value and volume, between 2018 and 2023. In recent years, enormous increase in the building & construction activities has been witnessed in the region. The demand for automotive have also increased in the region over the past few years. These factors increase the demand for technologically advanced services, thus driving the need for PU adhesives in the region.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Polyurethane Adhesives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Polyurethane Adhesives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Polyurethane Adhesives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Polyurethane Adhesives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Polyurethane Adhesives covered in this report include Ashland, BASF, Henkel, The Dow Chemical Company, 3M, Arkema Group, Covestro, HB FULLER COMPANY and Huntsman Corporation, etc.
The global Polyurethane Adhesives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Ashland
BASF
Henkel
The Dow Chemical Company
3M
Arkema Group
Covestro
HB FULLER COMPANY
Huntsman Corporation
Illinois Tool Works
Sika
Global Polyurethane Adhesives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Polyurethane Adhesives market, Segment by Type:
Solvent-borne
Reactive
Dispersion
Hot-melt
Others
Global Polyurethane Adhesives market, by Application
Building & Construction
Automotive & Transportation
Packaging
Footwear
Electrical & Electronics
Furniture & Woodwork
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Polyurethane Adhesives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Polyurethane Adhesives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Polyurethane Adhesives Market Overview
1.1 Polyurethane Adhesives Product Overview
1.2 Polyurethane Adhesives Market Segment by Type
1.2.1 Solvent-borne
1.2.2 Reactive
1.2.3 Dispersion
1.2.4 Hot-melt
1.2.5 Others
1.3 Global Polyurethane Adhesives Market Size by Type
1.3.1 Global Polyurethane Adhesives Market Size Overview by Type (2018-2029)
1.3.2 Global Polyurethane Adhesives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Polyurethane Adhesives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Polyurethane Adhesives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Polyurethane Adhesives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Polyurethane Adhesives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Polyurethane Adhesives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Polyurethane Adhesives Sales Breakdown by Type (2018-2023)
2 Global Polyurethane Adhesives Market Competition by Company
2.1 Global Top Players by Polyurethane Adhesives Sales (2018-2023)
2.2 Global Top Players by Polyurethane Adhesives Revenue (2018-2023)
2.3 Global Top Players by Polyurethane Adhesives Price (2018-2023)
2.4 Global Top Manufacturers Polyurethane Adhesives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Polyurethane Adhesives Market Competitive Situation and Trends
2.5.1 Polyurethane Adhesives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Polyurethane Adhesives Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Polyurethane Adhesives as of 2022)
2.7 Date of Key Manufacturers Enter into Polyurethane Adhesives Market
2.8 Key Manufacturers Polyurethane Adhesives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Polyurethane Adhesives Status and Outlook by Region
3.1 Global Polyurethane Adhesives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Polyurethane Adhesives Historic Market Size by Region
3.2.1 Global Polyurethane Adhesives Sales in Volume by Region (2018-2023)
3.2.2 Global Polyurethane Adhesives Sales in Value by Region (2018-2023)
3.2.3 Global Polyurethane Adhesives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Polyurethane Adhesives Forecasted Market Size by Region
3.3.1 Global Polyurethane Adhesives Sales in Volume by Region (2024-2029)
3.3.2 Global Polyurethane Adhesives Sales in Value by Region (2024-2029)
3.3.3 Global Polyurethane Adhesives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Polyurethane Adhesives by Application
4.1 Polyurethane Adhesives Market Segment by Application
4.1.1 Building & Construction
4.1.2 Automotive & Transportation
4.1.3 Packaging
4.1.4 Footwear
4.1.5 Electrical & Electronics
4.1.6 Furniture & Woodwork
4.1.7 Others
4.2 Global Polyurethane Adhesives Market Size by Application
4.2.1 Global Polyurethane Adhesives Market Size Overview by Application (2018-2029)
4.2.2 Global Polyurethane Adhesives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Polyurethane Adhesives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Polyurethane Adhesives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Polyurethane Adhesives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Polyurethane Adhesives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Polyurethane Adhesives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Polyurethane Adhesives Sales Breakdown by Application (2018-2023)
5 North America Polyurethane Adhesives by Country
5.1 North America Polyurethane Adhesives Historic Market Size by Country
5.1.1 North America Polyurethane Adhesives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Polyurethane Adhesives Sales in Volume by Country (2018-2023)
5.1.3 North America Polyurethane Adhesives Sales in Value by Country (2018-2023)
5.2 North America Polyurethane Adhesives Forecasted Market Size by Country
5.2.1 North America Polyurethane Adhesives Sales in Volume by Country (2024-2029)
5.2.2 North America Polyurethane Adhesives Sales in Value by Country (2024-2029)
6 Europe Polyurethane Adhesives by Country
6.1 Europe Polyurethane Adhesives Historic Market Size by Country
6.1.1 Europe Polyurethane Adhesives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Polyurethane Adhesives Sales in Volume by Country (2018-2023)
6.1.3 Europe Polyurethane Adhesives Sales in Value by Country (2018-2023)
6.2 Europe Polyurethane Adhesives Forecasted Market Size by Country
6.2.1 Europe Polyurethane Adhesives Sales in Volume by Country (2024-2029)
6.2.2 Europe Polyurethane Adhesives Sales in Value by Country (2024-2029)
7 Asia-Pacific Polyurethane Adhesives by Region
7.1 Asia-Pacific Polyurethane Adhesives Historic Market Size by Region
7.1.1 Asia-Pacific Polyurethane Adhesives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Polyurethane Adhesives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Polyurethane Adhesives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Polyurethane Adhesives Forecasted Market Size by Region
7.2.1 Asia-Pacific Polyurethane Adhesives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Polyurethane Adhesives Sales in Value by Region (2024-2029)
8 Latin America Polyurethane Adhesives by Country
8.1 Latin America Polyurethane Adhesives Historic Market Size by Country
8.1.1 Latin America Polyurethane Adhesives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Polyurethane Adhesives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Polyurethane Adhesives Sales in Value by Country (2018-2023)
8.2 Latin America Polyurethane Adhesives Forecasted Market Size by Country
8.2.1 Latin America Polyurethane Adhesives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Polyurethane Adhesives Sales in Value by Country (2024-2029)
9 Middle East and Africa Polyurethane Adhesives by Country
9.1 Middle East and Africa Polyurethane Adhesives Historic Market Size by Country
9.1.1 Middle East and Africa Polyurethane Adhesives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Polyurethane Adhesives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Polyurethane Adhesives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Polyurethane Adhesives Forecasted Market Size by Country
9.2.1 Middle East and Africa Polyurethane Adhesives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Polyurethane Adhesives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Ashland
10.1.1 Ashland Company Information
10.1.2 Ashland Introduction and Business Overview
10.1.3 Ashland Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Ashland Polyurethane Adhesives Products Offered
10.1.5 Ashland Recent Development
10.2 BASF
10.2.1 BASF Company Information
10.2.2 BASF Introduction and Business Overview
10.2.3 BASF Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BASF Polyurethane Adhesives Products Offered
10.2.5 BASF Recent Development
10.3 Henkel
10.3.1 Henkel Company Information
10.3.2 Henkel Introduction and Business Overview
10.3.3 Henkel Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Henkel Polyurethane Adhesives Products Offered
10.3.5 Henkel Recent Development
10.4 The Dow Chemical Company
10.4.1 The Dow Chemical Company Company Information
10.4.2 The Dow Chemical Company Introduction and Business Overview
10.4.3 The Dow Chemical Company Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 The Dow Chemical Company Polyurethane Adhesives Products Offered
10.4.5 The Dow Chemical Company Recent Development
10.5 3M
10.5.1 3M Company Information
10.5.2 3M Introduction and Business Overview
10.5.3 3M Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 3M Polyurethane Adhesives Products Offered
10.5.5 3M Recent Development
10.6 Arkema Group
10.6.1 Arkema Group Company Information
10.6.2 Arkema Group Introduction and Business Overview
10.6.3 Arkema Group Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Arkema Group Polyurethane Adhesives Products Offered
10.6.5 Arkema Group Recent Development
10.7 Covestro
10.7.1 Covestro Company Information
10.7.2 Covestro Introduction and Business Overview
10.7.3 Covestro Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Covestro Polyurethane Adhesives Products Offered
10.7.5 Covestro Recent Development
10.8 HB FULLER COMPANY
10.8.1 HB FULLER COMPANY Company Information
10.8.2 HB FULLER COMPANY Introduction and Business Overview
10.8.3 HB FULLER COMPANY Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 HB FULLER COMPANY Polyurethane Adhesives Products Offered
10.8.5 HB FULLER COMPANY Recent Development
10.9 Huntsman Corporation
10.9.1 Huntsman Corporation Company Information
10.9.2 Huntsman Corporation Introduction and Business Overview
10.9.3 Huntsman Corporation Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Huntsman Corporation Polyurethane Adhesives Products Offered
10.9.5 Huntsman Corporation Recent Development
10.10 Illinois Tool Works
10.10.1 Illinois Tool Works Company Information
10.10.2 Illinois Tool Works Introduction and Business Overview
10.10.3 Illinois Tool Works Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Illinois Tool Works Polyurethane Adhesives Products Offered
10.10.5 Illinois Tool Works Recent Development
10.11 Sika
10.11.1 Sika Company Information
10.11.2 Sika Introduction and Business Overview
10.11.3 Sika Polyurethane Adhesives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Sika Polyurethane Adhesives Products Offered
10.11.5 Sika Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Polyurethane Adhesives Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Polyurethane Adhesives Industrial Chain Analysis
11.4 Polyurethane Adhesives Market Dynamics
11.4.1 Polyurethane Adhesives Industry Trends
11.4.2 Polyurethane Adhesives Market Drivers
11.4.3 Polyurethane Adhesives Market Challenges
11.4.4 Polyurethane Adhesives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Polyurethane Adhesives Distributors
12.3 Polyurethane Adhesives Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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