© 2017 Global Market Insights, Inc. USA. All Rights Reserved Polyurethane (PU) Adhesives Market Application & Forecast with Upcoming Trends 2024 Polyurethane (PU) Adhesives MarketPolyurethane (PU) Adhesives Market, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Qatar, Kuwait, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

Global Market Scenario of Polyurethane (PU) Adhesives Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Polyurethane Adhesives Market size is likely to witness steady gains over the foreseeable timeframe owing to its increasing demand from various building & construction, packaging, electronic & electrical, automotive, furniture, and footwear industries.  PU adhesives are capable of binding various porous and non-porous materials such as rubber, wood, metals, glass and plastics.  Polyurethane adhesives are also known as an elastic glue, is a polymer formed by the reaction of polyol and isocyanates and is composed of units of linear polymeric chains connected by carbamate or urethane links.  PU adhesives are weather resistant and generally suitable for outdoor projects. These are available as sealants which provides high strength and long-lasting bond thereby catering to various end-use industries.  Positive indicator in construction spending in the U.S., China, India, Germany, and Brazil owing to rise in expansion of various green building technologies along with commercial and residential building infrastructure should drive polyurethane adhesives market size.  Global construction market size was valued at over USD 8 trillion in 2016 and may exceed USD 10 trillion by 2024 owing to increasing government investments in various infrastructure facilities.

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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- Positive indicator in construction spending in the U.S., China, India, Germany, and Brazil owing to rise in expansion of various green building technologies along with commercial and residential building infrastructure should drive polyurethane adhesives market size. Global construction market size was valued at over USD 8 trillion in 2016 and may exceed USD 10 trillion by 2024 owing to increasing government investments in various infrastructure facilities. Regional Trends:- Asia-Pacific led by China, Thailand, Malaysia, South Korea, Japan and India polyurethane adhesives market size may grow significantly over the foreseeable timeframe. Increasing application scope in footwear, construction, transportation and packaging may drive regional growth. Global transportation market size was valued at over USD 4.5 trillion in 2016 owing to government spending in road infrastructure along with rapid urbanization may stimulate industry growth. Indonesia and Thailand are the major automobile manufacturing hub which has create new opportunities for various manufacturers and may excel PU adhesives market demand in the region. Europe polyurethane adhesives market size, led by UK, France, and Germany may register significant gains over the forecast period. Major automobile companies such as Mercedes, BMW and Audi are based in Europe which is likely to have a positive affect the regional product demand. Rapid industrialization and urbanization coupled with stringent government regulations will fuel the PU adhesives market size.

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Competitive Trends: Global polyurethane adhesives market share is moderately consolidated and competitive with major companies including H.B. Fuller, Huntsman Corporation, Ashland, The Dow Chemical Company, 3M, Sika AG, Arkema, Scott Bader Company, Henkel AG & Company and Illinois Tool Works. Most of the manufacturers are supplying raw materials and forming partnerships in order to enhance product portfolio and expand business.

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