A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Polyurethane
Adhesive
market. The
study, titled “Polyurethane
Adhesive Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
An
adhesive is a substance that holds materials together by surface
attachment. It is used for the joining of two substrates. Adhesives
are made up of raw materials such as fillers, softeners, tackifiers,
cross-linking agents, and antioxidants. Acrylic, natural rubber,
silicone, and polyurethane are the different types of adhesives
depending upon the degree of their composition.
Polyurethane
adhesives offer flexible curing time at room and extreme temperature.
This is the major advantage of polyurethane adhesives. They can be
applied either manually or with the help of dispensing equipment.
Polyurethane adhesives offer excellent bonding characteristics for
surfaces such as ceramics, rubber, plastic, glass, and wood.
Polyurethane adhesives are widely employed in applications where
higher efficiency is required at lower operating cost. Fast curing
time, excellent strength, good abrasion & chemical resistance,
good optical clarity, and good strength & impact resistance are
some of the key characteristics of polyurethane adhesives.
Get
PDF Brochure for more Professional and Technical insights :
These
adhesives are employed in industries such as automobile, building &
construction, packaging, aerospace, electrical & electronics,
locomotives, and optical due to their versatility in operations.
Based on technology, the polyurethane adhesive market can be
segmented into solvent borne, reactive, dispersion, and hot melt.
Solvent borne accounts for the dominant share of the polyurethane
adhesive market, as these provide instant bonding with good adhesion
characteristics. In terms of type, the market for polyurethane
adhesive can be segmented into thermoplastic and thermoset.
Thermoplastic polyurethane adhesives are comparatively expensive;
however, these are widely used in structural and load bearing
applications due to their properties such as adjustable sealing
temperature, high tack, and ability to adhere to different surfaces
such as metal, PVC, rubber, wood, and leather. Thus, the segment is
expected to witness significant growth rate in the near future.
Growth
in the construction industry, proliferating use of adhesive in
automotive applications to reduce the weight of vehicles, and rise in
demand in emerging countries of Asia Pacific and Middle East &
Africa are driving the market for polyurethane adhesives. Increase in
middle class population and accelerated rate of urbanization in
developing countries such as India, China, and Brazil is also
propelling the construction industry and hence the demand for
polyurethane adhesive. The building & construction industry
dominates the polyurethane adhesive market. Expansion in the building
& construction industry in countries such as the U.S., China,
Germany, India, Japan, and South Korea is expected to boost the
demand for polyurethane adhesives in the next few years.
Polyurethane
adhesives are increasingly used in place of traditional fasteners for
joining and sealing applications. The need to reduce the overall
weight of vehicles in order to achieve better fuel efficiency and
curb exhaust emission is also propelling the demand for polyurethane
adhesives in countries such as India, China, Brazil, and Mexico.
Footwear is also a lucrative segment of the polyurethane adhesive
market, led by the rising demand for innovative footwear design,
particularly in countries in Southeast Asia such as Indonesia and
Vietnam. Increase in usage of polyurethane adhesive in various
end-user industries is likely to drive the demand for these
adhesives; however, fluctuation in prices of crude oil, which is a
basic raw material, may hamper market growth in the near future.
Browse
Market Research Report with ToC & Analysis :
Major
players operating in the polyurethane adhesive market are 3M, BASF
AG, Avery Dennison Corporation, Arkema S.A., Ashland Inc., H.B.
Fuller, Henkel AG & Co. KGaA, Huntsman Corporation, Illinois Tool
Works Inc., Scott Bader Company Ltd., Sika AG, and The Dow Chemical
Company.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Transparency
Market Research
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+1-518-618-1030
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