Title: Polyurethane Adhesives Market – Forecast (2022-2027)
1Polyurethane Adhesives MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Polyurethane Adhesives Market size is expected to
be valued at US 9.4 billion by the end of the
year 2027 and is set to grow at a CAGR of 6.1
during the forecast period from 2022-2027. - The increase in demand for polyurethane adhesives
from various key industries like building
construction, electrical electronics, and
automobile industry around the globe is majorly
driving the polyurethane adhesives market. - Polyurethane adhesives are also known as elastic
glue as they offer excellent adhesive strength
and can be used in bonding automobile parts,
sealing electronic equipment and sealing/bonding
a wide variety of metals, plastics and rubbers.
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- Key Takeaways
- Asia-Pacific market held the largest share in the
polyurethane adhesives market due to the increase
middle class population coupled with the
urbanization which is increasing the standard of
living of the population which in turn is driving
the construction industry, electronic industry
and automobile industry. - The increase in construction activities and other
repair and maintenance activities in the
construction sector is driving the demand for
polyurethane adhesives market. - Increasing demand for bio-based PU hot-melt
adhesives is contributing to the growth of the
polyurethane adhesives market.
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Polyurethane Adhesives Market Segment Analysis
By Geography Asia-Pacific region held the
largest share in the polyurethane adhesives
market in the year 2021. The growth of the
construction industry and automobile industry in
the Asia-Pacific region countries like China,
India, South Korea and Japan is driving the
polyurethane market. Polyurethane adhesives are
used widely as sealants in the automobile sector
for bonding and sealing automobile parts. For
instance, the Chinese government set a long-term
development plan for automotive industry to reach
an annual sales of 2 million for their new energy
vehicles (NEV) in the year 2020.
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- Polyurethane Adhesives Industry Outlook
- Avery Dennison Corporation
- Scott Bader Company Ltd.
- The Dow Company
- SIKA AG
- Ashland Inc.
- 3M
- BASF AG
- Arkema S.A.
- Illinois Tool Works Inc.
- Huntsman Corporation
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Polyurethane Adhesives Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Polyurethane
-Adhesives-Market-Research-502850
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
- Purchase Full Report _at_ https//www.industryarc.com
/purchasereport.php?id502850
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Contact (1) 970-236-3677
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