The north america polyurethane pu adhesives market size is anticipated to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increased demand from the aerospace sector and a rise in the number of infrastructure projects.
Polyurethane adhesives also referred to as elastic glue, are a polymer made of units of straight polymer chain joined by urethane linkages or carbamate and generated by the combination of isocyanates and polyol. PU adhesives are weatherproof and can be used in a variety of outdoor applications. These are accessible as sealants that create a long-lasting bond, high-strength, making them suitable for a wide range of end-use industries.
At room and high temperatures, polyurethane adhesives have a dynamic cure time. This is the most significant benefit of polyurethane adhesives. They can be applied by hand or with the assistance of dispensing equipment. For materials including plastic, ceramics, glass, wood, and rubber, polyurethane adhesives have good bonding properties. Polyurethane adhesives are generally used in applications that require increased efficiency at a reduced cost of operation. Polyurethane adhesives have a short drying time, strong strength, exceptional optical clarity, outstanding abrasion, and chemical resistance, and better utility and durability, to name a few.
Key Players Covered in the Report
Wacker Chemie AG; Sika AG; Pidilite Industries Ltd.; Mapei Inc.; Jowat AG; ITW Performance Polymers (Illinois Tool Works Inc.); Huntsman International LLC; Henkel AG & Co. KGaA; H.B. Fuller Company; Franklin International; Dymax Corporation; Dow; Beardow Adams; Avery Dennison Corporation; Ashland; Arkema Group; and 3M
Market Segment Insights
Based on resin types, the North America Polyurethane Pu Adhesives market is divided into thermoplastic and thermoset. The thermoplastic segment is expected to account for a key share of the market during the forecast period due to the rising advantages of thermoplastics in sticking to many tough substrates including wood, rubber, and plastics, as well as their hot tack, adjustable sealing temperature, and forming diversity. Thermoplastic adhesives are hot melt adhesives that form a strong contact between surfaces and strengthen as they cool.
On the basis of technology, the market is segmented into hot-melt, solvent-borne, water-borne, and others. The solvent-borne segment is expected to hold a key share of the market in the coming years owing to hydroxyl-terminated polyurethane with a large molecular mass is mixed in a liquid to make solvent-borne PU adhesives. Solvent-borne PU adhesives are generally accessible in 1-component and 2-component types. They can be used in a variety of infrastructure and commercial applications. Rubber, fabrics, metal, leather, wood, paper, and plastics all adhere well to them. PU adhesives that are solvent-borne are also employed in a range of lamination applications.
In terms of end-user industry, the North America Polyurethane Pu Adhesives market is segregated into building and constructions, automotive and aerospace, electrical and electronics, healthcare, footwear and leathers, packaging, and others. The building and constructions segment is expected to constitute a key share of the market during the forecast period due to PU adhesives cure quickly and have low strength, making them ideal for woodwork and other construction applications. They offer the necessary strength to keep construction components together. Furthermore, when it comes to product assembling adhesives, this substance is adaptable. It can be used on glass, plastics, stainless steel, aluminum, PVFs, and other metals, irrespective of the bond substrate’s hardness.
On the basis of geography, the market is categorized as Canada, United States, Mexico, and the Rest of North America. United States is anticipated to dominate the market at an impressive CAGR during the forecast period. The market growth can be attributed to the nation has the healthcare packaging, greatest vehicle, aircraft, and electrical and electronics markets. The healthcare industry is among the most developed in the country. The country's growing senior population and growing need for healthcare facilities for the treatment of chronic ailments have aided the growth of the healthcare industry and the use of polyurethane adhesives in different medical equipment. As a result, the country's demand for PU adhesives is anticipated to be driven by the availability of a robust manufacturing base and certain lucrative opportunities in end-user sectors.
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