North America Polyurethane Pu Adhesives Market

North America Polyurethane Pu Adhesives Market by Resin Types (Thermoplastic and Thermoset), Technology (Hot-melt, Solvent-borne, Water-borne, and Others), End-user Industry (Building and Constructions, Automotive and Aerospace, Electrical and Electronics, Healthcare, Footwear and Leathers, Packaging, and Others), Geography (Canada, United States, Mexico, and the Rest of North America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-1896
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 186
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The North America Polyurethane Pu Adhesives market size is anticipated to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increased demand from the aerospace sector and a rise in the number of infrastructure projects.

North America Polyurethane Pu Adhesives Market summary

Polyurethane adhesives also referred to as elastic glue, are a polymer made of units of straight polymer chain joined by urethane linkages or carbamate and generated by the combination of isocyanates and polyol. PU adhesives are weatherproof and can be used in a variety of outdoor applications. These are accessible as sealants that create a long-lasting bond, high-strength, making them suitable for a wide range of end-use industries.

At room and high temperatures, polyurethane adhesives have a dynamic cure time. This is the most significant benefit of polyurethane adhesives. They can be applied by hand or with the assistance of dispensing equipment. For materials including plastic, ceramics, glass, wood, and rubber, polyurethane adhesives have good bonding properties. Polyurethane adhesives are generally used in applications that require increased efficiency at a reduced cost of operation. Polyurethane adhesives have a short drying time, strong strength, exceptional optical clarity, outstanding abrasion, and chemical resistance, and better utility and durability, to name a few.

Market Trends, Drivers, Restraints, and Opportunities

  • Demand for PU adhesives in end-user sectors including construction, packaging, aircraft, electronics, and electrical are estimated to propel the market growth during the forecast period.
  • Increasing the use of polyurethane adhesive reduces the weight of automotive components, which improving fuel efficiency is anticipated to boost the market expansion in the coming years.
  • Exposure to dangers and environmental issues is projected to impede the market growth.
  • Strict VOC emission restrictions are anticipated to hamper the market expansion.
  • Benefit from innovation and growth of bio-based adhesives, as well as a change in strategy on adhesive bonding for composites, are anticipated to create significant opportunities for the market players.

Scope of the Report

The report on the North America Polyurethane Pu Adhesives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

North America Polyurethane Pu Adhesives Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Resin Types (Thermoplastic and Thermoset), Technology (Hot-melt, Solvent-borne, Water-borne, and Others), and End-user Industry (Building and Constructions, Automotive and Aerospace, Electrical and Electronics, Healthcare, Footwear and Leathers, Packaging, and Others)

Geography

Canada, United States, Mexico, and the Rest of North America

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Wacker Chemie AG; Sika AG; Pidilite Industries Ltd.; Mapei Inc.; Jowat AG; ITW Performance Polymers (Illinois Tool Works Inc.); Huntsman International LLC; Henkel AG & Co. KGaA; H.B. Fuller Company; Franklin International; Dymax Corporation; Dow; Beardow Adams; Avery Dennison Corporation; Ashland; Arkema Group; and 3M

Market Segment Insights

Thermoplastic segment is projected to constitute a major market share

Based on resin types, the North America Polyurethane Pu Adhesives market is divided into thermoplastic and thermoset. The thermoplastic segment is expected to account for a key share of the market during the forecast period due to the rising advantages of thermoplastics in sticking to many tough substrates including wood, rubber, and plastics, as well as their hot tack, adjustable sealing temperature, and forming diversity. Thermoplastic adhesives are hot melt adhesives that form a strong contact between surfaces and strengthen as they cool.

Solvent-borne segment is expected to grow at a robust pace

On the basis of technology, the market is segmented into hot-melt, solvent-borne, water-borne, and others. The solvent-borne segment is expected to hold a key share of the market in the coming years owing to hydroxyl-terminated polyurethane with a large molecular mass is mixed in a liquid to make solvent-borne PU adhesives. Solvent-borne PU adhesives are generally accessible in 1-component and 2-component types. They can be used in a variety of infrastructure and commercial applications. Rubber, fabrics, metal, leather, wood, paper, and plastics all adhere well to them. PU adhesives that are solvent-borne are also employed in a range of lamination applications.

Building and constructions segment is anticipated to register at a rapid CAGR

In terms of end-user industry, the North America Polyurethane Pu Adhesives market is segregated into building and constructions, automotive and aerospace, electrical and electronics, healthcare, footwear and leathers, packaging, and others. The building and constructions segment is expected to constitute a key share of the market during the forecast period due to PU adhesives cure quickly and have low strength, making them ideal for woodwork and other construction applications. They offer the necessary strength to keep construction components together. Furthermore, when it comes to product assembling adhesives, this substance is adaptable. It can be used on  glass, plastics, stainless steel, aluminum, PVFs, and other metals, irrespective of the bond substrate’s hardness.

North America Polyurethane Pu Adhesives Market end-users

United States is anticipated to dominate the market

On the basis of geography, the market is categorized as Canada, United States, Mexico, and the Rest of North America. United States is anticipated to dominate the market at an impressive CAGR during the forecast period. The market growth can be attributed to the nation has the healthcare packaging, greatest vehicle, aircraft, and electrical and electronics markets. The healthcare industry is among the most developed in the country. The country's growing senior population and growing need for healthcare facilities for the treatment of chronic ailments have aided the growth of the healthcare industry and the use of polyurethane adhesives in different medical equipment. As a result, the country's demand for PU adhesives is anticipated to be driven by the availability of a robust manufacturing base and certain lucrative opportunities in end-user sectors.
 

Segments

Segments Covered in the Report
The North America Polyurethane Pu Adhesives market has been segmented based on
Resin Types

  • Thermoplastic
  • Thermoset

Technology

  • Hot-melt
  • Solvent-borne
  • Water-borne
  • Others

End-user Industry

  • Building and Constructions
  • Automotive and Aerospace
  • Electrical and Electronics
  • Healthcare
  • Footwear and Leathers
  • Packaging
  • Others

Geography

  • Canada
  • United States
  • Mexico
  • the Rest of North America

Key Players

  • Wacker Chemie AG
  • Sika AG
  • Pidilite Industries Ltd.
  • Mapei Inc.
  • Jowat AG
  • ITW Performance Polymers (Illinois Tool Works Inc.)
  • Huntsman International LLC
  • Henkel AG & Co. KGaA
  • H.B. Fuller Company
  • Franklin International
  • Dymax Corporation
  • Dow
  • Beardow Adams
  • Avery Dennison Corporation
  • Ashland
  • Arkema Group
  • 3M

 

Competitive Landscape

Key players competing in the North America Polyurethane Pu Adhesives market include Wacker Chemie AG; Sika AG; Pidilite Industries Ltd.; Mapei Inc.; Jowat AG; ITW Performance Polymers (Illinois Tool Works Inc.); Huntsman International LLC; Henkel AG & Co. KGaA; H.B. Fuller Company; Franklin International; Dymax Corporation; Dow; Beardow Adams; Avery Dennison Corporation; Ashland; Arkema Group; and 3M. Some of these players are adopting several business strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares.

North America Polyurethane Pu Adhesives Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyurethane Pu Adhesives Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Polyurethane Pu Adhesives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Polyurethane Pu Adhesives Market - Supply Chain
  4.5. Global Polyurethane Pu Adhesives Market Forecast
     4.5.1. Polyurethane Pu Adhesives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Polyurethane Pu Adhesives Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Polyurethane Pu Adhesives Market Absolute $ Opportunity
5. Global Polyurethane Pu Adhesives Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Polyurethane Pu Adhesives Market Size and Volume Forecast by Types
     5.3.1. Thermoplastic
     5.3.2. Thermoset
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Polyurethane Pu Adhesives Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Polyurethane Pu Adhesives Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Polyurethane Pu Adhesives Demand Share Forecast, 2019-2026
7. North America Polyurethane Pu Adhesives Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Polyurethane Pu Adhesives Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Polyurethane Pu Adhesives Market Size and Volume Forecast by Types
     7.4.1. Thermoplastic
     7.4.2. Thermoset
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Polyurethane Pu Adhesives Demand Share Forecast, 2019-2026
8. Latin America Polyurethane Pu Adhesives Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Polyurethane Pu Adhesives Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Polyurethane Pu Adhesives Market Size and Volume Forecast by Types
     8.4.1. Thermoplastic
     8.4.2. Thermoset
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Polyurethane Pu Adhesives Demand Share Forecast, 2019-2026
9. Europe Polyurethane Pu Adhesives Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Polyurethane Pu Adhesives Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Polyurethane Pu Adhesives Market Size and Volume Forecast by Types
     9.4.1. Thermoplastic
     9.4.2. Thermoset
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Polyurethane Pu Adhesives Demand Share Forecast, 2019-2026
10. Asia Pacific Polyurethane Pu Adhesives Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Polyurethane Pu Adhesives Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Polyurethane Pu Adhesives Market Size and Volume Forecast by Types
     10.4.1. Thermoplastic
     10.4.2. Thermoset
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Polyurethane Pu Adhesives Demand Share Forecast, 2019-2026
11. Middle East & Africa Polyurethane Pu Adhesives Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Polyurethane Pu Adhesives Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Polyurethane Pu Adhesives Market Size and Volume Forecast by Types
     11.4.1. Thermoplastic
     11.4.2. Thermoset
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Polyurethane Pu Adhesives Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Polyurethane Pu Adhesives Market: Market Share Analysis
  12.2. Polyurethane Pu Adhesives Distributors and Customers
  12.3. Polyurethane Pu Adhesives Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Wacker Chemie AG
     12.4.2. Sika AG
     12.4.3. Pidilite Industries Ltd.
     12.4.4. Mapei Inc.
     12.4.5. Jowat AG
     12.4.6. ITW Performance Polymers (Illinois Tool Works Inc.)

Segments Covered in the Report
The North America Polyurethane Pu Adhesives market has been segmented based on
Resin Types

  • Thermoplastic
  • Thermoset

Technology

  • Hot-melt
  • Solvent-borne
  • Water-borne
  • Others

End-user Industry

  • Building and Constructions
  • Automotive and Aerospace
  • Electrical and Electronics
  • Healthcare
  • Footwear and Leathers
  • Packaging
  • Others

Geography

  • Canada
  • United States
  • Mexico
  • the Rest of North America

Key Players

  • Wacker Chemie AG
  • Sika AG
  • Pidilite Industries Ltd.
  • Mapei Inc.
  • Jowat AG
  • ITW Performance Polymers (Illinois Tool Works Inc.)
  • Huntsman International LLC
  • Henkel AG & Co. KGaA
  • H.B. Fuller Company
  • Franklin International
  • Dymax Corporation
  • Dow
  • Beardow Adams
  • Avery Dennison Corporation
  • Ashland
  • Arkema Group
  • 3M

 

Key players competing in the North America Polyurethane Pu Adhesives market include Wacker Chemie AG; Sika AG; Pidilite Industries Ltd.; Mapei Inc.; Jowat AG; ITW Performance Polymers (Illinois Tool Works Inc.); Huntsman International LLC; Henkel AG & Co. KGaA; H.B. Fuller Company; Franklin International; Dymax Corporation; Dow; Beardow Adams; Avery Dennison Corporation; Ashland; Arkema Group; and 3M. Some of these players are adopting several business strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares.

North America Polyurethane Pu Adhesives Market keyplayers

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