Market Overview:
The global urethane adhesives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for urethane adhesives from various end-use industries, such as construction, transportation, household appliances, and others. In terms of type, the viscosity below 1000 segment is expected to dominate the global urethane adhesives market during the forecast period owing to its high adhesive properties and easy application process. In terms of region, Asia Pacific is projected to be one of the fastest-growing markets for urethane adhesives during 2018–2030 due to rising demand from countries such as China and India.
Product Definition:
Urethane adhesives are a type of adhesive that is used to bond two surfaces together. They are often used in applications where high strength and durability is required, such as in the automotive or aerospace industries.
Viscosity Below 1000:
Viscosity below 1000 is a colloidal system that consists of polymers and elastomers. It has viscosity between 0.1 cP to 100 CP, which is lower than water (300 cP), honey (90 CP) and semi-solid fats (80 cP). Viscosity below 1000 exhibits low surface tension, high thermal stability and good adhesion properties on substrates like metal, plastic & glass.
Viscosity Above 1000:
Viscosity above 1000 is a range that refers to viscosities between 3000 and 6500 seconds. Viscosity below 1000 is referred to as low viscosity or less than 3000 seconds. Viscosity in adhesives depends on the nature of polymer, additives, fillers and cross-linking agents used along with the ambient conditions under which it is applied.
Application Insights:
The construction application segment led the global urethane adhesives market in 2017. This is attributed to increasing infrastructure development activities globally. For instance, according to the World Bank, around USD 1.3 trillion of new infrastructure spending was generated from 2010 to 2015 and this trend is expected to continue over the next few years with a significant increase in investments by governments across developed economies and developing countries alike. Thus, rising demand for construction products such as building materials & equipment will drive product demand over the forecast period.
The household sector is anticipated to be one of the fastest-growing segments during the forecast period owing to growing consumer disposable income levels coupled with rising housing needs across various regions including Asia Pacific and Middle East & Africa on account of rapid population growth rates coupled with high birth rates among certain groups within specific countries such as China.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is anticipated to witness a significant growth rate of 4.8% over the forecast period. The region accounts for approximately 60% of global population and has been witnessing rapid urbanization resulting in an increased construction industry, thereby driving product demand. In addition, increasing foreign investments coupled with favorable government policies are expected to drive urethane adhesives in various applications such as industrial, construction and automotive over the next eight years.
The European market was valued at USD X million in 2017 owing to high application scope along with stringent regulations regarding VOC emissions from glues & sealants used for woodworking activities that are likely to propel product demand across this region during the forecast period. Moreover, rising awareness about sustainable building practices is projected favorably impact industry growth over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and furniture owing to the properties of urethane adhesives such as high strength, durability and resistance to weathering.
- Rising demand for lightweight vehicles due to stringent government regulations on fuel emissions is expected to boost the market for urethane adhesives in the automotive industry.
- Growing popularity of composite materials over traditional materials in various applications is projected to drive the growth of the urethane adhesive market during the forecast period.
- Rapid urbanization coupled with rising disposable income is anticipated to boost demand for furniture and other consumer goods, thereby propelling growth of the urethane adhesive market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Urethane Adhesives Market Research Report
By Type
Viscosity Below 1000, Viscosity Above 1000
By Application
Construction, Transportation, Household, Factory, Others
By Companies
3M, Smooth-on, J-B Weld, Henkel Corporation, LORD Corporation, Bostik, Epoxies, Etc., Proflex Products Inc., Roberts Consolidated Industries, Reynolds Advanced Materials, 3M, HB Fuller, Rubber-Seal, BCC Products,Inc, Comens New Materials, Guangdong Pustar Adhesives & Sealants Co., Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Urethane Adhesives Market Report Segments:
The global Urethane Adhesives market is segmented on the basis of:
Types
Viscosity Below 1000, Viscosity Above 1000
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Transportation, Household, Factory, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Smooth-on
- J-B Weld
- Henkel Corporation
- LORD Corporation
- Bostik
- Epoxies, Etc.
- Proflex Products Inc.
- Roberts Consolidated Industries
- Reynolds Advanced Materials
- 3M
- HB Fuller
- Rubber-Seal
- BCC Products,Inc
- Comens New Materials
- Guangdong Pustar Adhesives & Sealants Co., Ltd
Highlights of The Urethane Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Viscosity Below 1000
- Viscosity Above 1000
- By Application:
- Construction
- Transportation
- Household
- Factory
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Urethane Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Urethane adhesives are a type of adhesive that is made from a urethane resin. This resin is mixed with other ingredients, such as hardeners and fillers, to create the adhesive. Urethane adhesives are often used in construction because they are strong and durable. They can also be used in many other industries, such as manufacturing and engineering.
Some of the key players operating in the urethane adhesives market are 3M, Smooth-on, J-B Weld, Henkel Corporation, LORD Corporation, Bostik, Epoxies, Etc., Proflex Products Inc., Roberts Consolidated Industries, Reynolds Advanced Materials, 3M, HB Fuller, Rubber-Seal, BCC Products,Inc, Comens New Materials, Guangdong Pustar Adhesives & Sealants Co., Ltd.
The urethane adhesives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Urethane Adhesives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Urethane Adhesives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Urethane Adhesives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Urethane Adhesives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Urethane Adhesives Market Size & Forecast, 2018-2028
4.5.1 Urethane Adhesives Market Size and Y-o-Y Growth
4.5.2 Urethane Adhesives Market Absolute $ Opportunity
Chapter 5 Global Urethane Adhesives Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Urethane Adhesives Market Size Forecast by Type
5.2.1 Viscosity Below 1000
5.2.2 Viscosity Above 1000
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Urethane Adhesives Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Urethane Adhesives Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Transportation
6.2.3 Household
6.2.4 Factory
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Urethane Adhesives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Urethane Adhesives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Urethane Adhesives Analysis and Forecast
9.1 Introduction
9.2 North America Urethane Adhesives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Urethane Adhesives Market Size Forecast by Type
9.6.1 Viscosity Below 1000
9.6.2 Viscosity Above 1000
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Urethane Adhesives Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Transportation
9.10.3 Household
9.10.4 Factory
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Urethane Adhesives Analysis and Forecast
10.1 Introduction
10.2 Europe Urethane Adhesives Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Urethane Adhesives Market Size Forecast by Type
10.6.1 Viscosity Below 1000
10.6.2 Viscosity Above 1000
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Urethane Adhesives Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Transportation
10.10.3 Household
10.10.4 Factory
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Urethane Adhesives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Urethane Adhesives Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Urethane Adhesives Market Size Forecast by Type
11.6.1 Viscosity Below 1000
11.6.2 Viscosity Above 1000
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Urethane Adhesives Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Transportation
11.10.3 Household
11.10.4 Factory
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Urethane Adhesives Analysis and Forecast
12.1 Introduction
12.2 Latin America Urethane Adhesives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Urethane Adhesives Market Size Forecast by Type
12.6.1 Viscosity Below 1000
12.6.2 Viscosity Above 1000
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Urethane Adhesives Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Transportation
12.10.3 Household
12.10.4 Factory
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Urethane Adhesives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Urethane Adhesives Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Urethane Adhesives Market Size Forecast by Type
13.6.1 Viscosity Below 1000
13.6.2 Viscosity Above 1000
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Urethane Adhesives Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Transportation
13.10.3 Household
13.10.4 Factory
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Urethane Adhesives Market: Competitive Dashboard
14.2 Global Urethane Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Smooth-on
14.3.3 J-B Weld
14.3.4 Henkel Corporation
14.3.5 LORD Corporation
14.3.6 Bostik
14.3.7 Epoxies, Etc.
14.3.8 Proflex Products Inc.
14.3.9 Roberts Consolidated Industries
14.3.10 Reynolds Advanced Materials
14.3.11 3M
14.3.12 HB Fuller
14.3.13 Rubber-Seal
14.3.14 BCC Products,Inc
14.3.15 Comens New Materials
14.3.16 Guangdong Pustar Adhesives & Sealants Co., Ltd
