Polyurethane Adhesives Market expected to inflate from USD 7.0 billion in 2019 to USD 9.1 billion in 2024

During the forecast period, the Polyurethane Adhesives Market is expected to increase at a CAGR of 5.6 percent, from USD 7.0 billion in 2019 to USD 9.1 billion in 2024. The PU adhesives market is being driven by the rise of end-use sectors such as building and construction, automotive and transportation, and packaging.



During the forecast period, dispersion is expected to have the highest CAGR in the PU adhesives market by technology.

Due to strict environmental laws, the market for dispersion is expected to develop at the fastest CAGR. These restrictions make it illegal to employ very dangerous solvents that emit VOCs. show great bond strength and long-term endurance in harsh environmental conditionsThe resulting glue is temperature and environmental resistant while yet maintaining strong binding strength. They have good solvent and chemical product resistance and a low application temperature, making them ideal for heat-sensitive substrates. They typically work at temperatures ranging from -86°F to +300°F. In the last five years, companies such as Sika AG (Switzerland), Jowat SE (Germany), Arkema S.A. (France), Ashland Inc. (US), LORD Corporation (US), DowDuPont Inc. (US), Franklin International (US), and others have released new products to meet growing demand from end customers.

The automotive & transportation segment is projected to account for the largest share of the PU adhesives market, by end-use industry, during the forecast period.

Dissimilar substrates can be easily joined with PU adhesives. Headliners, door panels, interior pillars, instrument panels, seating, and package trays are among the many other significant components of automotive interiors that utilise them. PU elastic adhesives are also suitable for glazing applications in the automotive, rail, and marine industries, among others.PU-based elastic adhesives are used for a variety of things, including tail moulding, interior trimmings, roof panels, luggage compartment floor, front moulding, sidewall assembly, and deck assembly, in addition to window glass. This has allowed automakers to use a variety of lightweight materials without sacrificing safety, functionality, or comfort. Adhesives continue to be an alternative to conventional fastening technologies to achieve robust assembly.

PU adhesives are predicted to grow at the fastest rate in APAC over the forecast period.

China, Japan, India, South Korea, Thailand, Malaysia, and the Rest of APAC make up the APAC PU adhesives market. Due to industrial expansion and better economic conditions, APAC is an expanding and attractive market for PU adhesives.This region accounts for over 61 percent of the global population, resulting in increased industrial and processing activity.

APAC PU adhesives market to outpace other regions over the next five years

China, Japan, India, Indonesia, and the Rest of APAC make up the APAC Polyurethane Adhesives Market. Because of rising demand from the automotive and transportation industries, as well as improving economic conditions, the APAC area is a promising market for PU adhesives. Product advancements, new research and development projects, and rising demand from a variety of end-use industries have all contributed to the growth for PU adhesives in APAC.

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