Polyurethane Adhesives Market worth $10.3 billion by 2027
The report "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 2027", is projected to grow from USD 8.1 billion in 2022 to USD 10.3 billion by 2027, at a CAGR of 5.0% between 2022-2027. Versatility of Polyurethane Adhesives boost the market demand.
Browse 193 market data Tables and 47 Figures spread through 227 Pages and in-depth TOC on "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 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/polyurethane-adhesive-market-6587670.html
Automotive is the fastest-growing segment of the overall Polyurethane Adhesives market.
Adhesives are used mainly in the automotive industry for bonding different automotive components, trucks, and buses. Polyurethane adhesives are used extensively in this end-use industry for improving performance, developing lightweight designs, and fabricating structures using multi-materials such as glass fiber-reinforced composite, carbon fiber composites, aluminum, and others. The growing importance of composites as materials for automotive applications and the need for adhesives that are able to withstand higher service temperatures have created growth potential for new high-temperature-resistant adhesives.
India is the fastest growing segment in Polyurethane Adhesives market during the forecast period.
The major industries in India include automobiles, aerospace, railway, chemical, defense, manufacturing, and packaging. According to the Federation of Indian Chambers of Commerce and Industry (FICCI), the Indian chemical industry will witness exponential growth of 9% by 2025. The Indian automotive industry is witnessing a phase of rapid transformation and growth, mainly driven by stable economic growth, infrastructural development, increased spending capacity of individuals, and low labor costs. Global automotive companies see India as a global sourcing hub and are keen to exploit its potential.
The key players profiled in the Polyurethane Adhesives market report are Henkel AG & Co. KGAA (Germany), H.B. Fuller Company (US), Dow Inc. (US), Sika AG (Switzerland), and 3M Company (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Polyurethane Adhesives Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
