South East Asia Polyurethane Adhesives Market Size, Share, Trends, Industry Analysis Report: By Industry Vertical (Footwear, Automotive, Construction, Packaging, and Others) and Country (Indonesia, Thailand, Malaysia, Singapore, and Rest of South East Asi

The South East Asia polyurethane adhesives market size is expected to reach USD 805.23 million by 2034, according to a new study by Polaris Market Research. The report “South East Asia Polyurethane Adhesives Market Size, Share, Trends, Industry Analysis Report: By Industry Vertical (Footwear, Automotive, Construction, Packaging, and Others) and Country (Indonesia, Thailand, Malaysia, Singapore, and Rest of South East Asia) – Market Forecast, 2025–2034 – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Polyurethane adhesives are widely recognized for their superior bonding strength, flexibility, and durability, making them essential in industries such as automotive, construction, packaging, footwear, and electronics. The South East Asia polyurethane adhesives market demand is rapidly expanding with rising urbanization, infrastructure development, and a growing manufacturing sector.

The expanding construction and infrastructure development is propelling the South East Asia polyurethane adhesives market growth. Countries such as Indonesia, Vietnam, Thailand, and Malaysia are witnessing rapid urbanization, leading to increased investments in residential, commercial, and industrial construction projects. This drives the demand for polyurethane adhesives in applications such as flooring, panel bonding, and insulation. These adhesives offer excellent adhesion, durability, and resistance to moisture and temperature fluctuations, making them ideal for construction applications.

Government initiatives aimed at improving infrastructure, including road networks, airports, and smart cities, are propelling the market development. The construction industry's shift toward prefabricated and modular construction techniques also contributes to market expansion, as these adhesives are crucial in bonding structural components efficiently. Additionally, with increasing emphasis on energy-efficient buildings, the demand for polyurethane adhesives in insulation and weatherproofing applications continues to rise.

The growing automotive and transportation industry is fueling the market expansion. The region is emerging as a key automotive manufacturing hub, with global automakers expanding their production facilities in countries such as Thailand, Indonesia, and Vietnam. The rising demand for lightweight and fuel-efficient vehicles has led to increased adoption of advanced adhesive technologies, including polyurethane adhesives. These adhesives are widely used in vehicle assembly for bonding components such as windshields, interiors, and structural elements, reducing the need for mechanical fasteners and enhancing vehicle performance.

South East Asia Polyurethane Adhesives Market Report Highlights

In terms of industry vertical, the footwear segment dominated the South East Asia polyurethane adhesives market share in 2024 due to rising demand for durable, flexible, and lightweight adhesives in shoe manufacturing.

The automotive segment, based on industry vertical, is expected to grow at a rapid pace in the coming years owing to the increasing production of electric vehicles (EVs) and the rising demand for lightweight materials to enhance fuel efficiency and reduce emissions.

In the market, Indonesia held the largest South East Asia polyurethane adhesives market revenue share in 2024 due to rapid urbanization, infrastructure development, and increasing investments in residential and commercial projects.

The market in Thailand is estimated to grow at the fastest pace in the coming years, owing to the well-established vehicle manufacturing industry, supportive government policies, and rising production of electric vehicles (EVs).

A few of the key market players are 3M, Ashland, Avery Dennison Corporation, BASF SE, Beardow Adams, Bostik, Bodo Möller Chemie, Covestro, Dow, H.B. Fuller Company, Henkel AG & Co. KGaA, Momentive Performance Materials, and Sika AG.

Polaris Market Research has segmented the South East Asia polyurethane adhesives market report on the basis of industry vertical and country:

By Industry Vertical Outlook (Volume in Kilotons, Revenue, USD Million, 2020–2034)

Footwear

Automotive

Construction

Packaging

Others

By Country Outlook (Volume in Kilotons, Revenue, USD Million, 2020–2034)

Indonesia

Thailand

Malaysia

Singapore

Rest of South East Asia