The global demand for PUR Adhesives Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
PUR adhesive, also known as polyurethane reactive (PUR) hot melt glues, is 100% solid content. PUR adhesives have a high-temperature resistance and can bond to many substrates. They can be used for both industrial and consumer applications and provide strong, durable bonds that can withstand high temperatures and stress. PUR adhesives have a low glass transition temperature and a wide range of softening points, making them very elastic and raising the demand for PUR adhesives in the market.
Market Dynamics
The rapid growth of the automotive industry due to the increase in the production of passenger and commercial vehicles with increasing demand for lightweight components has propelled the demand for PUR adhesives. The growing awareness about the benefits of PUR adhesives may contribute to the growth of this market. Moreover, the increasing demand for lightweight and environment-friendly adhesive solutions is also contributing to the growth of this market. The market is also driven by rising technological advancements in the adhesive industry, helping manufacturers to create quality products with improved performance. Furthermore, stringent environmental regulations are compelling companies to use eco-friendly products such as PUR adhesives, thereby driving their adoption in various industries worldwide. However, volatility in the availability and price of raw materials is expected to limit the market's growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pur adhesives. The growth and trends of pur adhesives industry provide a holistic approach to this study.
Market Segmentation
This section of the pur adhesives market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- One-Component
- Two-Component
By Application
- Wood Industry
- Shoes Industry
- Packaging
- Automobile
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the PUR Adhesives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global PUR Adhesives Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pur adhesives market include 3M, Lord, KLEIBERIT, Nan Pao, DIC Corporation, Jowat, Henkel, H. B. Fuller, Chemence, Daubert Chemical, Shanghai Tianyang, Wanhua, Shanghai Hansi Industrial Co. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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