According to a market report by Lucintel, the future of the global urethane adhesive market looks promising with opportunities in the industrial, automotive, electronics, and construction markets. The global urethane adhesive market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are rising focus on lightweight materials in automotive and aerospace industries, significantly growing building industry, and on-going developments in urethane adhesive technology, such as the creation of solvent-free and low-VOC formulations.A more than 150-page report to understand trends, opportunity and forecast in urethane adhesive market to 2030 by type (one-component urethane adhesives, two-component urethane adhesives, and others), end use (industrial, automotive, electronics, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that one-component urethane adhesives will remain the larger segment due to its ease of use and simplicity, particularly for DIYers and small-scale tasks.
Within this market, construction will remain the largest segment due to driven by the increasing demand for adhesives in various construction applications like bonding wood, concrete, and other building materials.
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In terms of regions APAC will remain the largest region due to rapid industrialization and a booming construction sector, particularly in China and India.
3M, Henkel, Sika, Arkema, H.B. Fuller, Dow, Lord, Huntsman, Ashland, Permabond are the major suppliers in the urethane adhesive market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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