USD 1.76 bn Growth in Urethane Adhesives Market | Growing Demand from Building and Construction Industry to Drive Growth | Technavio

NEW YORK, Nov. 29, 2021 /PRNewswire/ -- The urethane adhesives market is set to grow by USD 1.76 bn, progressing at a CAGR of  4.41% from 2021 to 2026. The urethane adhesives market is fragmented, and the degree of fragmentation is expected to accelerate during the forecast period.

Attractive Opportunities in Urethane adhesives Market by Technology and Geography - Forecast and Analysis 2022-2026

Read our Sample Report for key takeaways about the urethane adhesives market.

Factors such as growing demand from the building and construction industry, growing demand from the flexible packaging industry, and availability of varied grades of urethane adhesives will offer immense growth opportunities. However, the volatile raw material price will hamper the market growth. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The report covers the following areas:

  • Urethane adhesives Market size
  • Urethane adhesives Market trends
  • Urethane adhesives Market industry analysis

Urethane Adhesives Market 2022-2026: Segmentation

  • Technology
    • Solvent-based
    • 100% Solids
    • Dispersion
    • Others
  • Geography
    • Europe
    • North America
    • APAC
    • MEA
    • South America

View Our Free Sample to find out about the contribution of each segment of the market

Urethane adhesives Market 2022-2026: Vendor Analysis and Scope

To help businesses improve their market position, the urethane adhesives market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include 3M Co., Arkema SA, Avery Dennison Corp., Dow Inc., H.B. Fuller Co., Henkel AG and Co. KGaA, Illinois Tool Works Inc., Pidilite Industries Ltd., Sika AG, and Wacker Chemie AG.

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Urethane adhesives Market 2022-2026: Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the market. We also offer competitive intelligence and regional opportunities for vendors. Based on our research, APAC is expected to dominate the market during the forecast period, with a market growth share of 30%. China is the key country for the urethane adhesives market in the region. APAC has been recording a significant growth rate. Hence, it is expected to offer several growth opportunities to market vendors during the forecast period. Growing demand from the flexible packaging industry will drive the urethane adhesives market growth in APAC over the forecast period.

Urethane adhesives Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will support urethane adhesives market growth during the next five years
  • Approximation of the urethane adhesives market size and its contribution to the parent market
  • Forecast on upcoming trends and changes in consumer behavior
  • The growth of the urethane adhesives market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of urethane adhesives market vendors

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Urethane Adhesives Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.41%

Market growth 2022-2026

USD 1.76 billion

Market structure

Fragmented

YoY growth (%)

4.94

Regional analysis

Europe, North America, APAC, MEA, and South America

Performing market contribution

APAC at 30%

Key consumer countries

US, Germany, France, China, and Switzerland

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Arkema SA, Avery Dennison Corp., Dow Inc., H.B. Fuller Co., Henkel AG and Co. KGaA, Illinois Tool Works Inc., Pidilite Industries Ltd., Sika AG, and Wacker Chemie AG

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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