DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Polyurethane Adhesives Market by Technology, Type, Application - Global Forecast to 2021" report to their offering.
The global polyurethane (PU) adhesives market is projected to reach USD 9.38 Billion by 2021, registering a CAGR of 6.8% between 2016 and 2021
Increasing building & construction activities and growth in production of automotive are increasing the demand for PU adhesives. Emerging middle-class population in developing countries such as China, India, and Brazil have triggered the growth of the PU adhesives market.
In 2015, the building & construction application segment accounted for the largest market share, in terms of volume, followed by packaging, automotive & transportation, footwear, furniture & woodwork, and electrical & electronics applications. The demand for better infrastructure is increasing in China and India because of increasing disposable income and growth in middle-class population in these countries, which drive the PU adhesives market in Asia-Pacific.
Solvent-borne is currently the dominant technology used in the PU adhesives market. Solvent-borne PU adhesives are selected by many major end-use industries for different applications, as they provide immediate bonding of substrates with good adhesion properties.
Companies such as 3M (U.S.), Arkema S.A. (France), Ashland Inc. (U.S.), H.B. Fuller (U.S.), Henkel AG & Co. KGaA (Germany), Huntsman Corporation (U.S.), Illinois Tool Works Inc. (U.S.), Scott Bader Company Ltd. (U.K.), Sika AG (Switzerland), and The Dow Chemical Company (U.S.) are the key players in the global PU adhesives market.
Scope of the Report:
On the basis of technology:
On the basis of type:
On the basis of application:
- Building & construction
- Automotive & transportation
- Electrical & electronics
- Furniture & woodwork
For more information about this report visit http://www.researchandmarkets.com/research/tc72mm/polyurethane