South America Polyurethane (PU) Hot-melt Adhesives Market

South America Polyurethane (PU) Hot-melt Adhesives Market by Type (Non-reactive and Reactive), Application (Paper, Board, & Packaging, Healthcare, Automotive, Furniture, Footwear, Textile, Electrical & Electronics, Bookbinding, and Others), and Geography (Brazil, Argentina, Colombia, Chile, and Rest of South America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-2213
  • Author: Growth Market Reports
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  • No. Of Pages: 217
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The South America polyurethane (PU) hot-melt adhesives market size is projected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising use of PUR holt-melt adhesives as a solvent-borne adhesive alternative.

South America Polyurethane (PU) Hot-melt Adhesives Market

Solvent-free and thermoplastic materials, hot-melt adhesives are known as hot glue. These adhesives are melted and applied to a surface, and they are strong adhesives that solidify after cooling. PUR hot-melt adhesives are made for demanding, high-impact applications. As the adhesives cool, they begin to polymerize and undergo a secondary moisture cure, causing the glue to crosslink, resulting in a new polyurethane polymer with more strength and flexibility than typical hot melts. PU hot-melt adhesives are heat resistant and may be used to bond appliance housings and cabinets, thermal insulation panels in dishwashers, nameplates, touchpads, and vinyl gaskets.

The Covid-19 pandemic affected the demand and supply of South America polyurethane (PU) hot-melt adhesives market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising use of PUR holt-melt adhesives as a solvent-borne adhesive alternative is projected to fuel the market during the forecast period.
  • Increasing environmental awareness is key factor propelling the market in the coming years.
  • Price fluctuation of raw material is expected to hinder the market growth.
  • Issues regarding reduced thermal resistance act as major challenge that can restrict the market in the coming years.
  • Use of bio-based hot-melt adhesives is anticipated to create lucrative opportunities for the market players.

Scope of the Report

The report on the South America polyurethane (PU) hot-melt 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

South America Polyurethane (PU) Hot-melt Adhesives Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Type (Non-reactive and Reactive), Application (Paper, Board, & Packaging, Healthcare, Automotive, Furniture, Footwear, Textile, Electrical & Electronics, Bookbinding, and Others)

Geographical Scope

Brazil, Argentina, Colombia, Chile, and Rest of South America

Report Coverage

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

Key Players Covered in the Report

Sika AG; 3M; Henkel AG & Co. KGaA; Arkema Group; H.B. Fuller Company

Market Segment Insights

The reactive segment is projected to hold a major market share

Based on type, the South America polyurethane (PU) hot-melt adhesives market is bifurcated into non-reactive and reactive. The reactive segment is expected to represent a key share of the market during forecast period.  Manufacturers are now concentrating on the usage of environment friendly products, which is driving demand for adhesives. These adhesives can replace solvents and provide other advantages such as decreased labor and energy expenses. Dryers are not required for reactive hot melt adhesives, which saves energy. Dryers are not required for reactive hot melt adhesives, which saves energy. Flexibility, high strength, and good adhesion to a variety of substrates, including wood, textiles, plywood, particleboards, foams, metals, and plastics, are among their physical characteristics. They have high heat resistance than conventional adhesives, which appeals to many end users. Reactive hot melt adhesives are preferred over traditional adhesives in many applications due to their better characteristics.

South America Polyurethane (PU) Hot-melt Adhesives Market

The packaging segment is expected to grow at a rapid pace

In terms of application, the South America polyurethane (PU) hot-melt adhesives market is divided into paper, board, & packaging, healthcare, automotive, furniture, footwear, textile, electrical & electronics, bookbinding, and others. The packaging segment is expected to represent a key share of the market during forecast period. In the manufacturing of car interior panels, polyurethane hot melts are becoming more popular. PU hot-melt adhesives are used in the production of vehicle seats, to secure wires in the roof liner, and to bond door sill protectors and other plastic parts. They can be used to adhere logos to gear knobs and anchor plates to them.

Retainer bonding refers to the bonding of the steel frames of sunroofs, window tracks, and other similar items. Different materials can be firmly bonded, including plastics, metals, lacquers, fabrics, and wood-based products. These hot melts are flexible and resistant to brittleness even at low temperatures.
These adhesive methods are applied increasingly for laminating. With improved application technique, the glue may be applied at a low cost. In comparison to usage of dispersion adhesives, holt-melt adhesives are applied with 100 % solids.

South America Polyurethane (PU) Hot-melt Adhesives Market

Brazil is expected to dominate the market

On the basis of geography, the South America polyurethane (PU) hot-melt adhesives market is classified as Brazil, Argentina, Colombia, Chile, and Rest of South America. The market of Brazil is anticipated to dominate the market during forecast period. Furthermore, country is a major producer of regional and business jets, as well as a variety of aerospace goods such as turboprops, military aircraft, agricultural aircraft, business aircraft, helicopters, and others.

South America Polyurethane (PU) Hot-melt Adhesives Market

Segments

Segments Covered in the Report

The South America polyurethane (PU) hot-melt adhesives market has been segmented on the basis of

Types

  • Non-reactive
  • Reactive

Application

  • Paper, Board, & Packaging
  • Healthcare
  • Automotive
  • Furniture
  • Footwear
  • Textile
  • Electrical & Electronics
  • Bookbinding
  • Others

Geography

  • Brazil
  • Argentina
  • Colombia
  • Chile
  • Rest of South America

Key Players

  • Sika AG
  • 3M
  • Henkel AG & Co. KGaA
  • Arkema Group
  • H.B. Fuller Company

Competitive Landscape

Key players competing in the South America polyurethane (PU) hot-melt adhesives market include Sika AG, 3M, Henkel AG & Co. KGaA, Arkema Group, and H.B. Fuller Company.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

South America Polyurethane (PU) Hot-melt Adhesives Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyurethane (PU) Hot-melt 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) Hot-melt 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) Hot-melt Adhesives Market - Supply Chain
  4.5. Global Polyurethane (PU) Hot-melt Adhesives Market Forecast
     4.5.1. Polyurethane (PU) Hot-melt Adhesives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Polyurethane (PU) Hot-melt Adhesives Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Polyurethane (PU) Hot-melt Adhesives Market Absolute $ Opportunity
5. Global Polyurethane (PU) Hot-melt Adhesives Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Polyurethane (PU) Hot-melt Adhesives Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Polyurethane (PU) Hot-melt Adhesives Demand Share Forecast, 2019-2026
6. North America Polyurethane (PU) Hot-melt Adhesives Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Polyurethane (PU) Hot-melt Adhesives Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Polyurethane (PU) Hot-melt Adhesives Demand Share Forecast, 2019-2026
7. Latin America Polyurethane (PU) Hot-melt 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
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Polyurethane (PU) Hot-melt Adhesives Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Polyurethane (PU) Hot-melt Adhesives Demand Share Forecast, 2019-2026
8. Europe Polyurethane (PU) Hot-melt 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. Europe Average Pricing Analysis
  8.2. Europe Polyurethane (PU) Hot-melt Adhesives Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Polyurethane (PU) Hot-melt Adhesives Demand Share Forecast, 2019-2026
9. Asia Pacific Polyurethane (PU) Hot-melt 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Polyurethane (PU) Hot-melt Adhesives Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Polyurethane (PU) Hot-melt Adhesives Demand Share Forecast, 2019-2026
10. Middle East & Africa Polyurethane (PU) Hot-melt 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Polyurethane (PU) Hot-melt Adhesives Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Polyurethane (PU) Hot-melt Adhesives Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Polyurethane (PU) Hot-melt Adhesives Market: Market Share Analysis
  11.2. Polyurethane (PU) Hot-melt Adhesives Distributors and Customers
  11.3. Polyurethane (PU) Hot-melt Adhesives Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Sika AG 3M Henkel AG & Co. KGaA Arkema Group H.B. Fuller Company

Segments Covered in the Report

The South America polyurethane (PU) hot-melt adhesives market has been segmented on the basis of

Types

  • Non-reactive
  • Reactive

Application

  • Paper, Board, & Packaging
  • Healthcare
  • Automotive
  • Furniture
  • Footwear
  • Textile
  • Electrical & Electronics
  • Bookbinding
  • Others

Geography

  • Brazil
  • Argentina
  • Colombia
  • Chile
  • Rest of South America

Key Players

  • Sika AG
  • 3M
  • Henkel AG & Co. KGaA
  • Arkema Group
  • H.B. Fuller Company

Key players competing in the South America polyurethane (PU) hot-melt adhesives market include Sika AG, 3M, Henkel AG & Co. KGaA, Arkema Group, and H.B. Fuller Company.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

South America Polyurethane (PU) Hot-melt Adhesives Market

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