PU Adhesives Sector to Reach USD 9.38 Bn by 2021, Projects M&M in Its New Report Now Available at MarketPublishers.com23 Sep 2016 • by Natalie Aster
LONDON – The value of the polyurethane (PU) adhesives market is anticipated to stand at USD 9.38 billion by 2021, recording a 6.8% CAGR. An expansion in various building and construction activities, growth in automobile production, and the emerging middle-class globally will likely give a boost to the market for PU adhesives in the years to come.
Waterborne and solvent-borne represent the two key technologies exploited in the PU adhesives market. Effectiveness and efficiency in the technology to enhance the overall consumer experience is essential for the present-day adhesives industry. The solvent-borne PU adhesives are favoured by many top end-use industry sectors for different applications, as they deliver immediate bonding of substrates with good adhesion capabilities.
The APAC region is the fastest growing market for the PU adhesives worldwide. The rise of the middle-class population, infrastructure-related development and projects coming up in the region, and surging levels of disposable income are also projected to propel the demand, thus stimulating the overall market growth region-wise.
3M, Arkema S.A., Scott Bader Company Ltd., Ashland Inc., H.B. Fuller, Huntsman Corporation, Illinois Tool Works Inc., Henkel AG & Co. KGaA, Sika AG, and The Dow Chemical Company are amid the dominant players of the PU adhesives marketplace.
New comprehensive research report “Polyurethane Adhesives Market” elaborated by M&M offers an insightful, detailed assessment of the world’s PU adhesives market, categorising it based on technology, application, type, and by region. It presents current and historical market size estimates, as well as forecasts up to 2021. The study sheds light on the key market growth drivers and limiters, evaluates growth opportunities, reviews key challenges in the marketplace, assesses market attractiveness, and canvasses various industry trends. The report gives an in-depth analysis of the competitive scene limelighting key growth strategies, major developments, by company and region; it also provides profiles of the leading players in the industry. An overview of the current market demand is also given in the publication.
Many other in-demand reports by M&M are available in this Market Publishers’ catalogue.