Polyurethane Adhesives Market by Product Type (Thermoplastic, Thermoset), Technology (Dispersion, Hot Melt, Reactive), End-Use Industry - Global Forecast 2023-2030
The Polyurethane Adhesives Market size was estimated at USD 91.76 billion in 2022 and expected to reach USD 98.42 billion in 2023, at a CAGR 8.04% to reach USD 170.44 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Polyurethane Adhesives Market.
- Based on Product Type, market is studied across Thermoplastic and Thermoset. The Thermoset commanded largest market share of 63.89% in 2022, followed by Thermoplastic.
- Based on Technology, market is studied across Dispersion, Hot Melt, Reactive, and Solvent-Borne. The Hot Melt commanded largest market share of 28.78% in 2022, followed by Solvent-Borne.
- Based on End-Use Industry, market is studied across Automotive & Transportation, Building & Construction, Electronics & Industrial, Footwear, Furniture & Decoration, and Packaging. The Automotive & Transportation commanded largest market share of 29.48% in 2022, followed by Packaging.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.13% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Polyurethane Adhesives Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Polyurethane Adhesives Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Polyurethane Adhesives Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Adhesives Research, Inc., American Biltrite, American Polyfilm Inc., Anglo Adhesives & Services Ltd., Anhui Anda Huatai New Materials Co., Ltd., Antala Ltd., Arkema S.A., Ashland Inc., Astra Chemtech Pvt.Ltd., ATA Distributors Pty Ltd., Avery Dennison Corporation, BASF SE, Beardow Adams, Beijing Comens New Materials Co., Ltd., Chemence Inc., Chemique Adhesives and Sealants Ltd., Dunbar Sales Co Inc., Ellsworth Adhesives, Fixon Chemical, FORTIS Adhesives and Coatings, Franklin International, Glue Guru International Ltd., H.B. Fuller Company, Handley Industries Ltd., Henkel AG & Co. KGaA, Homey Construction Limited, Huntsman International LLC, Illinois Tool Works Inc., Johns Adhesives Pty Ltd., Jowat SE, LORD Corporation by Parker Hannifin Corporation, Master Bond Inc., Parson Adhesives, Inc., Permabond LLC, Phoenix Vapers Limited, Pidilite Industries Ltd., RLA Polymers Pty Ltd. by DGL Group, RPM International Inc., RUSTA LLC, Sabre Adhesives Ltd., Scott Bader Company Limited, Shandong INOV Polyurethane Co., Ltd., Sika AG, Soudal Holding N.V., Techsil Ltd., The Dow Chemical Company, Uroxsys Ltd., Wacker Chemie AG, and WEICON GmbH & Co. KG..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Polyurethane Adhesives Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Polyurethane Adhesives Market?
- What is the competitive strategic window for identifying opportunities in the Polyurethane Adhesives Market?
- What are the latest technology trends and regulatory frameworks in the Polyurethane Adhesives Market?
- What is the market share of the leading vendors in the Polyurethane Adhesives Market?
- Which modes and strategic moves are suitable for entering the Polyurethane Adhesives Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Polyurethane Adhesives Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Significant Growth and Investments in Building & Construction Activities
- 5.1.1.2. Increasing number of renovation and remodeling activities in the residential sector
- 5.1.1.3. Rising demand from electronics & automotive industry owing to performance efficiency and physical characteristics
- 5.1.2. Restraints
- 5.1.2.1. Fluctuating cost of petrochemical-based raw materials used in PU adhesive manufacturing
- 5.1.3. Opportunities
- 5.1.3.1. Recent advancements and launch of improved polyurethane adhesives
- 5.1.3.2. Increase in R&D activities and rapid expansion of production facilities
- 5.1.4. Challenges
- 5.1.4.1. Moisture sensitivity and performance issues associated with the use of PU adhesives
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Polyurethane Adhesives Market, by Product Type
- 6.1. Introduction
- 6.2. Thermoplastic
- 6.3. Thermoset
- 7. Polyurethane Adhesives Market, by Technology
- 7.1. Introduction
- 7.2. Dispersion
- 7.3. Hot Melt
- 7.4. Reactive
- 7.5. Solvent-Borne
- 8. Polyurethane Adhesives Market, by End-Use Industry
- 8.1. Introduction
- 8.2. Automotive & Transportation
- 8.3. Building & Construction
- 8.4. Electronics & Industrial
- 8.5. Footwear
- 8.6. Furniture & Decoration
- 8.7. Packaging
- 9. Americas Polyurethane Adhesives Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Polyurethane Adhesives Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Polyurethane Adhesives Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. Arkema finalizes the acquisition of Permoseal in South Africa.
- 12.3.1.2. Arkema strengthens its engineering adhesives with the acquisition of PMP in China.
- 12.3.1.3. H.B. Fuller Acquires Apollo.
- 12.3.2. Agreement, Collaboration, & Partnership
- 12.3.2.1. DGE signs distribution agreement with Bostik.
- 12.3.3. New Product Launch & Enhancement
- 12.3.3.1. Sika launches MB EZ Rapid.
- 12.3.3.2. Henkel launches Loctite UK 2073-2173 for high performance exterior bonding applications.
- 12.3.4. Investment & Funding
- 12.3.4.1. BASF to double production capacity for polymer dispersions in Dahej, India.
- 12.3.5. Award, Recognition, & Expansion
- 12.3.5.1. SikaBond-T100 Adhesive Receives Best of TISE Award.
- 12.3.5.2. Henkel celebrates completion of Salisbury facility expansion.
- 12.3.5.3. Covestro breaks ground on new polyurethane plant in Shanghai.
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. 3M Company
- 13.1.2. Adhesives Research, Inc.
- 13.1.3. American Biltrite
- 13.1.4. American Polyfilm Inc.
- 13.1.5. Anglo Adhesives & Services Ltd.
- 13.1.6. Anhui Anda Huatai New Materials Co., Ltd.
- 13.1.7. Antala Ltd.
- 13.1.8. Arkema S.A.
- 13.1.9. Ashland Inc.
- 13.1.10. Astra Chemtech Pvt.Ltd.
- 13.1.11. ATA Distributors Pty Ltd.
- 13.1.12. Avery Dennison Corporation
- 13.1.13. BASF SE
- 13.1.14. Beardow Adams
- 13.1.15. Beijing Comens New Materials Co., Ltd.
- 13.1.16. Chemence Inc.
- 13.1.17. Chemique Adhesives and Sealants Ltd.
- 13.1.18. Dunbar Sales Co Inc.
- 13.1.19. Ellsworth Adhesives
- 13.1.20. Fixon Chemical
- 13.1.21. FORTIS Adhesives and Coatings
- 13.1.22. Franklin International
- 13.1.23. Glue Guru International Ltd.
- 13.1.24. H.B. Fuller Company
- 13.1.25. Handley Industries Ltd.
- 13.1.26. Henkel AG & Co. KGaA
- 13.1.27. Homey Construction Limited
- 13.1.28. Huntsman International LLC
- 13.1.29. Illinois Tool Works Inc.
- 13.1.30. Johns Adhesives Pty Ltd.
- 13.1.31. Jowat SE
- 13.1.32. LORD Corporation by Parker Hannifin Corporation
- 13.1.33. Master Bond Inc.
- 13.1.34. Parson Adhesives, Inc.
- 13.1.35. Permabond LLC
- 13.1.36. Phoenix Vapers Limited
- 13.1.37. Pidilite Industries Ltd.
- 13.1.38. RLA Polymers Pty Ltd. by DGL Group
- 13.1.39. RPM International Inc.
- 13.1.40. RUSTA LLC
- 13.1.41. Sabre Adhesives Ltd.
- 13.1.42. Scott Bader Company Limited
- 13.1.43. Shandong INOV Polyurethane Co., Ltd.
- 13.1.44. Sika AG
- 13.1.45. Soudal Holding N.V.
- 13.1.46. Techsil Ltd.
- 13.1.47. The Dow Chemical Company
- 13.1.48. Uroxsys Ltd.
- 13.1.49. Wacker Chemie AG
- 13.1.50. WEICON GmbH & Co. KG.
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook