DUBLIN--(BUSINESS WIRE)--The "North America PUR Hot-Melt Adhesives Market - Segmented by Type, Application and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The North America PUR hot-melt adhesives market is expected to register a CAGR of 7.20% during the forecast period of 2018-2023.
PUR hot-melt adhesives contain 100% solids and do not contain solvents. PUR hot-melt adhesives combine different positive attributes found in various unique adhesives. Polyurethane is strong and durable, and thus, is ideal for a wide variety of applications. Most solvent-based adhesives contain flammable solvents, which require critical precautions for safe handling.
The solvent-borne adhesives are not recommended, owing to environmental concerns related to emissions. PUR hot-melt adhesives have numerous advantages over solvent-based adhesives, like the removal of hazardous air pollutants (HAPs) and volatile organic compounds (VOCs), fast setup time and reduced cost, elimination of plant explosion risk, which corresponds to lower insurance costs and non-requirement for air pollution control devices.
The U.S. construction market grew by 1.9% in the Q3 of 2017 over Q3 of 2016 owing to the rise in new single-family house constructions. Construction of the new residential houses in the United States climbed by over 13% in October, recording the biggest jump in a year. The new residential construction in terms of annual rate for housing units started in the United States, recorded a growth of 6.34% in 2016 over 2015. In the first 11 months of 2017, the residential house sales recorded a growth of 9.44% when compared to the same period in 2016. The United States is competing toward a complete transformation of its diesel buses into zero-emission buses. As of 2016, the United States had over 300 individual zero-emission buses operating in transit fleets throughout the nation.
Companies Mentioned
- 3M Company
-
Arkema Group
- Avery Dennison Corporation
- BASF SE
- BHNEN
- Beardow & Adams Ltd
- Cattie Adhesive Solutions
- Franklin Adhesives & Polymers
- H. B. Fuller
- Henkel AG & Co. KGaA
- Huntsman Corporation
- Illinois Tool Works Inc.
- Jowat AG
- L.D. Davis
- Nordson
- Royal Adhesives & Sealants
- Sika AG
- Yokohama Industries Americas Inc.
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