DUBLIN--(BUSINESS WIRE)--The "Polyurethane Adhesives Market by Resin Type (Thermoset & Thermoplastic), Technology (Solvent-borne, 100% solids, Dispersion), End-use Industry (Automotive, Construction, Packaging, Footwear, Industrial, and Furniture), Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The PU adhesives market is projected to register a CAGR of 5.6%, in terms of value, between 2019 and 2024.
The PU adhesives market is projected to grow from USD 7.0 billion in 2019 to USD 9.1 billion by 2024, at a CAGR of 5.6%, between 2019 and 2024. The growth of end-use industries, such as building & construction, automotive & transportation, and packaging is driving the PU adhesives market. However, exposure risks and environmental concerns are expected to hamper the growth of the market.
The dispersion technology is estimated to be the fastest-growing segment of the overall PU adhesives market during the forecast period.
PU dispersions are viable alternatives to the conventional solvent-borne adhesives. Owing to the increasing governmental and environmental legislation to reduce the VOC emissions, the end-users are rapidly moving from solvent-borne adhesives to PU-dispersion adhesives. The PU dispersions adhere to several environmental regulations, such as ecolabels - M1, Blue Angel, and EMICODE.
The PU adhesives market in the automotive & transportation end-use industry is expected to witness the highest CAGR during the forecast period.
PU adhesives cater to glazing applications for automotive, rail, and marine industries, among others. Along with the window glass, PU-based elastic adhesives cover a long list of applications, such as tail moulding, interior trims, roof panels, luggage compartment floor, front moulding, sidewall assembly, and deck assembly. This has aided vehicle manufacturers to use all types of lightweight materials without compromising on safety, functionality, or comfort. Adhesives continue to be an alternative to conventional fastening technologies to achieve robust assembly.
APAC PU adhesives market is projected to register the highest CAGR during the forecast period.
The APAC PU adhesives market is segmented into China, Japan, India, Indonesia, and Rest of APAC. The APAC region is a lucrative market for PU adhesives, owing to the increasing demand from packaging industries and improving economic conditions. Product innovations, new research and development projects, and increasing demand from various end-use industries have also fueled the demand for PU adhesives in APAC.
Key Benefits of Buying the Report
From an insight perspective, this research report focuses on various levels of analyses - industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.5 Unit Considered
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
220.127.116.11 Key Data From Secondary Sources
2.1.2 Primary Data
18.104.22.168 Key Data From Primary Sources
22.214.171.124 Key Industry Insights
126.96.36.199 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
3 Executive Summary
4 Premium Insights
4.1 Significant Opportunities in the PU Adhesives Market
4.2 PU Adhesives Market Growth, By Technology
4.3 APAC PU Adhesives Market, By End-Use Industry and Country
4.4 PU Adhesives, By Key Countries
4.5 PU Adhesives Market, Developed vs. Developing Countries
4.6 PU Adhesives Market: Growing Demand From APAC
5 Market Overview
5.2 Market Dynamics
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Overview and Key Indicators
6 PU Adhesives Market, By Resin Type
7 PU Adhesives Market, By Technology
7.3 100% Solids
8 PU Adhesives Market, By End-Use Industry
8.2 Automotive & Transportation
8.3 Building & Construction
8.7 Furniture & Decoration
9 PU Adhesives Market, By Region
9.4 North America
9.5 South America
9.6 Middle East & Africa
10 Competitive Landscape
10.2 Competitive Leadership Mapping, 2018
10.2.1 Years Considered for the Study
10.2.3 Unit Considered
10.3 Strength of Product Portfolio
10.4 Business Strategy Excellence
10.5 Competitive Scenario
10.5.1 Key Data From Secondary Sources
10.5.2 Primary Data
10.5.3 Key Data From Primary Sources
10.5.4 Key Industry Insights
11 Company Profiles
11.1 Henkel AG & CO. KGAA
11.2 H.B. Fuller Company
11.3 Dowdupont Inc.
11.4 Sika AG
11.6 Huntsman Corporation
11.7 Arkema (Bostik)
11.8 Ashland Inc.
11.9 Illinois Tool Works Inc.
11.10 Jowat SE
11.11 Other Players
For more information about this report visit https://www.researchandmarkets.com/r/nl1i0u