Urethane Adhesive Market Report: Trends, Forecast and Competitive Analysis to 2030

Urethane Adhesive Market Report: Trends, Forecast and Competitive Analysis to 2030

Urethane Adhesive Trends and Forecast

The future of the global urethane adhesive market looks promising with opportunities in the industrial, automotive, electronics, and construction markets. The global urethane adhesive market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are the rising focus on lightweight materials in automotive and aerospace industries, significantly growing building industry, and on-going developments in urethane adhesive technology, such as the creation of solvent-free and low-VOC formulations.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Urethane Adhesive by Segment

The study includes a forecast for the global urethane adhesive by type, end use, and region.

Urethane Adhesive Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• One-Component Urethane Adhesives
• Two-Component Urethane Adhesives
• Others

Urethane Adhesive Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Industrial
• Automotive
• Electronics
• Construction
• Others

Urethane Adhesive Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Urethane Adhesive Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies urethane adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the urethane adhesive companies profiled in this report include-

• 3M
• Henkel
• Sika
• Arkema
• H.B. Fuller
• Dow
• Lord
• Huntsman
• Ashland
• Permabond

Urethane Adhesive Market Insights

Lucintel forecasts that one-component urethane adhesives will remain the larger segment due to its ease of use and simplicity, particularly for DIYers and small-scale tasks.

Within this market, construction will remain the largest segment due to driven by the increasing demand for adhesives in various construction applications like bonding wood, concrete, and other building materials.

APAC will remain the largest region due to rapid industrialization and a booming construction sector, particularly in China and India.

Features of the Global Urethane Adhesive Market

Market Size Estimates: Urethane adhesive market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Urethane adhesive market size by type, end use, and region in terms of value ($B).

Regional Analysis: Urethane adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the urethane adhesive market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the urethane adhesive market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for urethane adhesive market?

Answer: The global urethane adhesive market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the urethane adhesive market?

Answer: The major drivers for this market are the rising focus on lightweight materials in automotive and aerospace industries, significantly growing building industry and on-going developments in urethane adhesive technology, such as the creation of solvent-free and low-VOC formulations.

Q3. What are the major segments for urethane adhesive market?

Answer: The future of the urethane adhesive market looks promising with opportunities in the industrial, automotive, electronics, and construction markets.

Q4. Who are the key urethane adhesive market companies?

Answer: Some of the key urethane adhesive companies are as follows:

• 3M
• Henkel
• Sika
• Arkema
• H.B. Fuller
• Dow
• Lord
• Huntsman
• Ashland
• Permabond

Q5. Which urethane adhesive market segment will be the largest in future?

Answer: Lucintel forecasts that one-component urethane adhesives will remain the larger segment due to its ease of use and simplicity, particularly for DIYers and small-scale tasks.

Q6. In urethane adhesive market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region due to rapid industrialization and a booming construction sector, particularly in China and India.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the urethane adhesive market by type (one-component urethane adhesives, two-component urethane adhesives, and others), end use (industrial, automotive, electronics, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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