Urethane Adhesive Trends and Forecast
The future of the global urethane adhesive market looks promising with opportunities in the industrial, automotive, electronics, and construction markets. The global urethane adhesive market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are the rising focus on lightweight materials in automotive and aerospace industries, significantly growing building industry, and on-going developments in urethane adhesive technology, such as the creation of solvent-free and low-VOC formulations.Urethane Adhesive by Segment
The study includes a forecast for the global urethane adhesive by type, end use, and region.Urethane Adhesive Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- One-Component Urethane Adhesives
- Two-Component Urethane Adhesives
- Others
Urethane Adhesive Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Industrial
- Automotive
- Electronics
- Construction
- Others
Urethane Adhesive Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Urethane Adhesive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies urethane adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the urethane adhesive companies profiled in this report include:- 3M
- Henkel
- Sika
- Arkema
- H.B. Fuller
- Dow
- Lord
- Huntsman
- Ashland
- Permabond
Urethane Adhesive Market Insights
The report forecasts that one-component urethane adhesives will remain the larger segment due to its ease of use and simplicity, particularly for DIYers and small-scale tasks.Within this market, construction will remain the largest segment due to driven by the increasing demand for adhesives in various construction applications like bonding wood, concrete, and other building materials.
APAC will remain the largest region due to rapid industrialization and a booming construction sector, particularly in China and India.
Features of the Global Urethane Adhesive Market
- Market Size Estimates: Urethane adhesive market size estimation in terms of value ($B).- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Urethane adhesive market size by type, end use, and region in terms of value ($B).
- Regional Analysis: Urethane adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the urethane adhesive market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the urethane adhesive market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for urethane adhesive market?Answer: The global urethane adhesive market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the urethane adhesive market?
Answer: The major drivers for this market are the rising focus on lightweight materials in automotive and aerospace industries, significantly growing building industry and on-going developments in urethane adhesive technology, such as the creation of solvent-free and low-VOC formulations.
Q3. What are the major segments for urethane adhesive market?
Answer: The future of the urethane adhesive market looks promising with opportunities in the industrial, automotive, electronics, and construction markets.
Q4. Who are the key urethane adhesive market companies?
Answer: Some of the key urethane adhesive companies are as follows:
- 3M
- Henkel
- Sika
- Arkema
- H.B. Fuller
- Dow
- Lord
- Huntsman
- Ashland
- Permabond
Answer: The report forecasts that one-component urethane adhesives will remain the larger segment due to its ease of use and simplicity, particularly for DIYers and small-scale tasks.
Q6. In urethane adhesive market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to rapid industrialization and a booming construction sector, particularly in China and India.
Q7. Do we receive customization in this report?
Answer: Yes, the publisherl provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the urethane adhesive market by type (one-component urethane adhesives, two-component urethane adhesives, and others), end use (industrial, automotive, electronics, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Urethane Adhesive Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- 3M
- Henkel
- Sika
- Arkema
- H.B. Fuller
- Dow
- Lord
- Huntsman
- Ashland
- Permabond
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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