Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Polyurethane Adhesives Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Polyurethane Adhesives Market?
The Polyurethane Adhesives market has been expanding considerably in the recent past. The market size, which stood at $10.33 billion in 2024, is predicted to increase to $10.9 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.6%. The historical growth trend depicts a positive trajectory in this market.
What Are the Expected Market Growth Trends for the Polyurethane Adhesives Market Through 2029?
The Polyurethane Adhesives market is projected to reach $14.23 billion in 2029, expanding at a Compound Annual Growth Rate (CAGR) of 6.9%.
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What Are the Key Business Drivers in the Polyurethane Adhesives Market Landscape?
The key Drivers in the polyurethane adhesives market are:
• The surge in construction industry activities
• Rising demand in infrastructure development due to urbanization
• Increase in investments in residential, commercial, and industrial projects
• Strong bonding, flexibility, and moisture resistance properties of polyurethane adhesives make them ideal for construction use.
How Is the Polyurethane Adhesives Market Divided Across Key Categories?
The polyurethane adhesivesmarket covered in this report is segmented –
1) By Product Type: Thermoset, Thermoplastic
2) By Technology: Solvent-Borne, Dispersion, Hot-Melt, Reactive, Other Technologies
3) By Applications: Footwear, Automotive, Building And Construction, Packaging, Electrical And Electronics, Furniture, Other Applications
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What Are the Ongoing Trends in the Polyurethane Adhesives Market?
The key trends in the polyurethane adhesives market are:
• Companies in the polyurethane adhesives market are creating innovative solutions, like elastic adhesives, to satisfy new automotive performance standards.
• Elastic adhesives, which are flexible bonding agents capable of stretching and returning to their original shape without losing adhesion, are gaining popularity.
• These adhesives are particularly useful in applications that require resistance to motion and impact.
• There is a trend of offering strong adhesion to multiple substrates while maintaining performance under stress and movement.
Which Companies are Expanding in the Polyurethane Adhesives Industry?
The key players in the polyurethane adhesives market are:
• BASF SE
• Dow Inc.
• 3M Company
• Henkel AG & Co. KGaA
• Covestro AG
• ITW Performance Polymers
• Parker Hannifin
• Arkema S.A.
• Sika AG
• Eastman Chemical Company
• Wacker Chemie AG
• Avery Dennison Corporation
• RPM International Inc.
• H.B. Fuller Company
• Mapei S.p.A.
• Huntsman Corporation
• Pidilite Industries Limited
• Shawcor Ltd.
• FLEXcon Company Inc.
• Delo Industrial Adhesives GmbH & Co.KG
• Franklin International
• Soudal N.V.
• Permabond LLC
Which is the Largest Region the Global Polyurethane Adhesives Market?
North America was the largest region in the polyurethane adhesives market in 2024
