Polyurethane Adhesives Market Size, Share, Growth Analysis, By Application(Transportation, construction, woodworking, footwear), By type(Solvent based, 100% solid, water-based and others), By Resin type(Thermoset, Thermoplastic and others), By Technology(Reactive technology, hotmelt technology and others), By Region - Industry Forecast 2024-2031

Polyurethane Adhesives Market size was valued at USD 9.23 billion in 2021 and is poised to grow from USD 9.63 billion in 2022 to USD 16.98 billion by 2030, growing at a CAGR of 6.1% in the forecast period (2023-2030).

Polyurethane adhesives are renowned for their exceptional strength and durability. They are designed to offer a robust bonding solution that can effectively bond different substrates such as metals, plastics, and composites. Polyurethane adhesives are characterized by a high bond strength, typically ranging between 2500-3500 psi. This makes them ideal for use in demanding applications where a reliable and strong bond is necessary. The high bonding strength of polyurethane adhesives enables them to withstand significant stress, strain, and impact, thus providing long-lasting and secure bonds. Their ability to offer superior bonding strength and resilience makes them a popular choice in various industries, including construction, automotive, and aerospace, among others. Polyurethane adhesives have been shown to be eco-friendly when compared to other adhesive types. One of the reasons for this is that they do not contain volatile organic compounds (VOCs), which are known to have negative effects on both the environment and human health. VOCs can contribute to the formation of smog and air pollution, which can lead to respiratory problems and other health issues. Additionally, they can also contribute to the greenhouse effect, which can lead to global climate change. The absence of VOCs in polyurethane adhesives makes them a safer and more sustainable alternative to traditional adhesives. As a result, polyurethane adhesives have become increasingly popular in industries that place a high value on environmental sustainability, such as packaging, construction, and furniture manufacturing.

US Polyurethane Adhesives Market  is poised to grow at a sustainable CAGR for the next forecast year.