Global Polyurethane Adhesives Market Research Report 2023(Status and Outlook)

Global Polyurethane Adhesives Market Research Report 2023(Status and Outlook)

Report Overview

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.

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.

The Global Polyurethane Adhesives Market Size was estimated at USD 2012.7 million in 2022 and is projected to reach USD 2578.09 million by 2029, exhibiting a CAGR of 3.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Polyurethane Adhesives market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Polyurethane Adhesives Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Polyurethane Adhesives market in any manner.

Global Polyurethane Adhesives Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Ashland

BASF

Henkel

The Dow Chemical Company

3M

Arkema Group

Covestro

HB FULLER COMPANY

Huntsman Corporation

Illinois Tool Works

Sika

Market Segmentation (by Type)

Solvent-borne

Reactive

Dispersion

Hot-melt

Others

Market Segmentation (by Application)

Military

Commercial

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Polyurethane Adhesives Market

Overview of the regional outlook of the Polyurethane Adhesives Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors