Polyurethane is made up of several units of organic chains which are formed by the reaction of isocyanate and polyol. The compound seems to be sticky and is used as an adhesives owing to its property of sealants and best quality bending materials. Polyurethane-based adhesives are widely used across several end use industries such as automotive and transportation, building and construction, footwear, furniture and decoration and amongst others in bonding solid and comparitively inflexible substances. These adhesives provides resistance over UV and weather and are generally considered appropriate for outdoor projects.
MARKET DYNAMICS
The polyurethane adhesives market has witnessed a significant growth owing to factors such as rising demand for customer-friendly packaging coupled with the growing demand for the product from several end-use industries in developing countries. Furthermore, rise in government investments in various infrastructure facilities is further expected to boost utilization. However, exposure to risks and environmental concerns is projected to hamper the polyurethane adhesives market growth over the projected period. Moreover, the primary trend followed in the polyurethane adhesives market is rising application base of the product in the healthcare industry.
MARKET SCOPE
The "Global Polyurethane Adhesives Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polyurethane adhesives market with detailed market segmentation by resin type, technology end user industry, and geography. The global polyurethane adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyurethane adhesives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyurethane adhesives market is segmented on the basis of resin type, technology and end user industry. On the basis of resin type, the polyurethane adhesives market is segmented into thermoset and thermoplastic. The polyurethane adhesives market on the basis of the application is classified into solvent-borne, 100% solids, dispersion and others. The polyurethane adhesives market on the basis of the end user industry is classified into automotive and transportation, building and construction, packaging, footwear, industrial, furniture and decoration and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyurethane adhesives market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polyurethane adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyurethane adhesives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyurethane adhesives market in these regions.
MARKET PLAYERS
The reports cover key developments in the polyurethane adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polyurethane adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for Polyurethane adhesives in the global market. Below mentioned is the list of few companies engaged in the Polyurethane adhesives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyurethane adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M
- Arkema (Bostik)
- Ashland Inc.
- Dowdupont Inc.
- H.B. Fuller Company
- Henkel AG & CO. KGAA
- Huntsman Corporation
- Jowat SE
- Scott Bader Company
- Sika AG
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