Polyurethane Adhesives Market Size to Grow by $ 2.25 Billion through 2020-2024
The polyurethane adhesives market is expected to grow by $ 2.25 billion, accelerating at a CAGR of almost 9% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
Polyurethane Adhesives Market: Receive Free Sample Report
Polyurethane Adhesives Market: Segmentation by Technology
This report provides a detailed analysis of the market by Technology (Solvent-borne, Reactive, Dispersion, Hot-melt, and Others), End-user (Building and construction, Furniture and woodwork, Automotive and transportation, and Others), and Geography (APAC, Europe, MEA, North America, and South America). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.
China and India are the key markets for polyurethane adhesives in APAC. Learn about the key, emerging, and untapped markets from our polyurethane adhesives market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 46% of the market growth will originate from APAC during the forecast period. Growth by the solvent-borne segment has been significant in recent years and is expected to offer further growth opportunities during the forecast period.
Polyurethane Adhesives Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 3M Co., Ashland Global Holdings Inc., Avery Dennison Corp., BASF SE, Dow Inc., Eastman Chemical Co., H.B. Fuller Co., Henkel AG & Co. KGaA, Huntsman Corp., and Momentive Performance Materials Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.
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