Global Polyurethane (Pu) Adhesives Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Solvent-Borne, Dispersion, Hot-Melt, Reactive, and Others.

By Product Type;

Thermoset, and Thermoplastic.

By Applications;

Footwear, Automotive, Building & Construction, Packaging, Electrical & Electronics, Furniture, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn588927335 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Polyurethane (Pu) Adhesives Market (USD Million), 2021 - 2031

In the year 2024, the Global Polyurethane (Pu) Adhesives Market was valued at USD 9,000.63 million. The size of this market is expected to increase to USD 13,355.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The global polyurethane (PU) adhesives market has been experiencing significant growth driven by the increasing demand across various end-use industries such as automotive, construction, packaging, and electronics. Polyurethane adhesives, known for their strong bonding capabilities, flexibility, and durability, are extensively used in applications requiring high-performance bonding solutions. Their ability to adhere to a wide range of substrates including metals, plastics, and wood makes them a preferred choice in diverse industrial applications.

One of the key factors propelling the growth of the PU adhesives market is the booming construction industry, particularly in emerging economies. The demand for sustainable and energy-efficient buildings has led to increased usage of PU adhesives in construction activities for applications like flooring, insulation, and roofing. Additionally, the automotive industry's shift towards lightweight and fuel-efficient vehicles has spurred the adoption of PU adhesives in vehicle assembly, replacing traditional welding and mechanical fasteners to reduce weight and improve fuel efficiency.

Technological advancements and innovations in product formulations are further boosting the market. Manufacturers are focusing on developing eco-friendly and low-VOC (volatile organic compound) PU adhesives to meet stringent environmental regulations and cater to the growing consumer preference for green products. Moreover, the rising trend of e-commerce and packaged goods has heightened the demand for high-quality adhesives in the packaging industry, thereby contributing to the overall growth of the global polyurethane adhesives market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Applications
    4. Market Snapshot, By Region
  4. Global Polyurethane (Pu) Adhesives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand from Construction Industry
        2. Growth in Automotive Sector
        3. Advancements in PU Adhesive Technologies
        4. Rising Applications in Footwear and Textile Industries
      2. Restraints
        1. Volatile Raw Material Prices
        2. Environmental and Regulatory Concerns
        3. Competition from Other Adhesive Types
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Development of Bio-based PU Adhesives
        3. Growing Use in Renewable Energy Sector
        4. Innovations in Smart Adhesive Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Polyurethane (Pu) Adhesives Market, By Technology, 2021 - 2031 (USD Million)
      1. Solvent-borne
      2. Dispersion
      3. Hot-melt
      4. Reactive
      5. Others
    2. Global Polyurethane (Pu) Adhesives Market, By Product Type, 2021 - 2031 (USD Million)
      1. Thermoset
      2. Thermoplastic
    3. Global Polyurethane (Pu) Adhesives Market, By Applications, 2021 - 2031 (USD Million)
      1. Footwear
      2. Automotive
      3. Building & Construction
      4. Packaging
      5. Electrical & Electronics
      6. Furniture
      7. Others
    4. Global Polyurethane (Pu) Adhesives Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Henkel AG & Co. KGaA
      2. 3M Company
      3. Arkema S.A.
      4. Sika AG
      5. H.B. Fuller Company
      6. Dow Chemical Company
      7. Huntsman Corporation
      8. BASF SE
      9. Avery Dennison Corporation
      10. Ashland Global Holdings Inc
  7. Analyst Views
  8. Future Outlook of the Market