Polyurethane Adhesives Market Size, Share, Growth, Outlook, and Opportunity Analysis, Forecast 2018 - 2026

                                                                            
Polyurethane adhesives have a variable curing time at room and high temperatures. This is the primary benefit of polyurethane adhesives.

                Polyurethane Adhesives Market


Polyurethane adhesives have a variable curing time at room and high temperatures. This is the primary benefit of polyurethane adhesives. They can be applied manually or with the assistance of dispensing equipment. Polyurethane adhesives have excellent bonding properties on a variety of surfaces, including ceramics, rubber, plastic, glass, and wood. Polyurethane adhesives are widely used in applications requiring higher efficiency at a lower operating cost. Polyurethane adhesives have a fast curing time, excellent strength, good abrasion and chemical resistance, good optical clarity, and good strength and impact resistance. Because of their versatility in operations, these adhesives are used in industries such as automobiles, building and construction, packaging, aerospace, electrical and electronics, locomotives, and optical.

Asia Pacific and North America are expected to be the most promising markets for manufacturers of polyurethane adhesives. Over the forecast period, Asia Pacific is expected to experience relatively high value growth. This is due to the ever-expanding construction industry in developing countries like India and China. The Indian construction industry is expected to be worth US$ 5 billion by 2020, according to the India Brand Equity Foundation, a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India.

Various government schemes and foreign investments have fueled the growth of the region's polyurethane adhesives market. Rising infrastructure needs in India have attracted a number of investors, including Silver Spring Capital Management, Altico Capital, and The Construction Industry Development Board of Malaysia, among others.

Some of the major companies operating in the global plastic additives market are Huntsman Corporation, 3M, Sika AG, Ashland Inc., Arkema S.A., H.B. Fuller, Illinois Tool Works Inc., Henkel AG & Co. KGaA, Scott Bader Company Ltd., and The Dow Chemical Company.

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