Polyurethane Adhesives Market worth 9.38 Billion USD by 2021

The report "Polyurethane Adhesives Market by Technology (Solventborne, Reactive, Dispersion, and Hot Melt), Type (Thermoset & Thermoplastic), Application (Building & Construction, Packaging, Automotive, Footwear, Electrical & Electronics, and Furniture) - Global Forecast to 2021", The market size of polyurethane (PU) adhesives is estimated to reach USD 9.38 Billion by 2021, registering a CAGR of 6.8% between 2016 and 2021.

Growth in the building & construction industry of Europe and North America, increased usage of these adhesives in vehicles for ensuring lightweight and fuel efficiency, and emerging demand from the developing countries of Asia-Pacific and the Middle East & Africa drive the market.
Browse 123 market data Tables and 54 Figures spread through 200 Pages and in-depth TOC on "Polyurethane Adhesives Market - Global Forecast to 2021"

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Building & construction: The most dominant application segment in the PU adhesives market

Building & construction application dominates the market and occupies the highest share in the PU adhesives market. The main market for building & construction includes the U.S., Germany, China, Japan, South Korea, and India. Application of PU adhesives has increased due to the rapidly growing construction industry and high demand from customers. A single-component PU adhesive used for adhesive bonds is environmentally safe, not harmful to health, and invisible.


Thermoplastic: The fastest-growing type segment of the PU adhesives market

The thermoplastic segment is growing at a faster rate than thermoset PU adhesives, in terms of value and volume. Thermoplastic PU adhesives are the benchmark products that are being increasingly used for their adjustable sealing temperature; adhesion to substrates such as leather, wood, metals, rigid and plasticized PVC, and rubbers; formulation versatility; and high hot tack properties. It is widely used for structural and load bearing applications. However, these adhesives are more expensive.

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Key market players in the PU adhesives market

The key players in this market are 3M (U.S.), Arkema S.A. (France), Ashland Inc. (U.S.), H.B. Fuller (U.S.), Henkel AG & Co. (Germany), Huntsman Corporation (U.S.), Illinois Tool Works Inc. (U.S.), Scott Bader Company Ltd. (U.K.), Sika AG (Switzerland), and The Dow Chemical Company (U.S.).

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