Polyurethane Adhesives Market worth $12.09 billion by 2030 - Exclusive Report by MarketsandMarkets™

MarketsandMarkets published a report titled "Polyurethane Adhesives Market by Type (Thermoset, Thermoplastic), Technology (Solvent-borne, 100% Solids, Dispersion, and Others), Application (Automotive, Building & Construction, Packaging, Leather & Footwear, General Industrial, Furniture & Decoration, and Others), and Region - Global Forecast to 2030", projecting the polyurethane adhesives market to grow from USD 8.76 billion in 2024 to USD 12.09 billion by 2030, at a CAGR of 5.62%. The report contains 255 tables, 60 figures, and 260 pages.

Polyurethane adhesives are commonly used in vehicle manufacturing, construction, footwear, packaging, electronics, and furniture sectors. These adhesives are known for high bond strength, durability, and weather and chemical resistance, making them suitable for applications demanding flexibility and permanence. Additional trends driving demand include their use in manufacturing lightweight vehicles, modular construction, and environmentally friendly packaging. PU adhesives enable inventive design and conform to universal standards, providing high-performance adhesion compared to metal, plastic, wood, and composites. Growth is also promoted by industrialization, emerging economies, and consumer demand for high-quality durable products. The thermoset segment accounted for a larger market share than the thermoplastic segment in 2024 and is projected to grow during the forecast period. Thermoset PU adhesives' mechanical strength, long life, and resistance to environmental corrosion drive their use across automotive, building & construction, and footwear industries, where bonding cannot be reposited. Thermosets are preferred for structural use due to irreversible cross‑linked bonds that provide better service in heat, chemicals, and water. Their versatility and cost‑effectiveness make them the adhesive of preference in large‑scale manufacturing across industries. With rising global demand for durable adhesives, thermoset PU adhesives will likely dominate this market segment.

The building & construction segment accounted for the largest share of the polyurethane adhesives market in 2024. This segment's market position highlights the construction industry's rapid growth due to increasing population, driving the increased use of polyurethane adhesives. In the construction industry, polyurethane adhesives are extensively used in manufacturing roofing & flooring, sliding, wall sheathing, and other building components, providing robust support for the structure. With increasing urbanization and the rising need for durable, weather‑resistant materials, especially in developing economies, the building & construction segment is expected to witness significant traction in the coming years.

In 2024, North America was the second‑largest regional segment in the polyurethane adhesives market, indicative of its mature yet stable demand across key end‑use applications such as furniture, packaging, and building & construction. The modernization of the industrial base in the region has also pushed demand for durable, long‑life polyurethane adhesives. Although expansion was moderate compared to Europe, strict regulation policies, product quality concerns, and environmental considerations for sustainable products propel a stable demand for high‑quality polyurethane adhesives, emphasizing softwood and hardwood.

Key players profiled in the report include Henkel AG & Co. KGaA (Germany), H.B. Fuller (US), Sika AG (Switzerland), Dow Inc. (US), 3M Company (US), Huntsman Corporation (US), Arkema (France), Illinois Tool Works Inc. (US), Parker‑Hannifin Corporation (US), and Jowat SE (Germany).

Polyurethane Adhesives Market Worth $12.09 Billion by 2030 - Exclusive Report by MarketsandMarkets

MarketsandMarkets released a forecast report projecting the global polyurethane adhesives market to grow from USD 8.76 billion in 2024 to USD 12.09 billion by 2030, a CAGR of 5.62%. The report highlights key market segments, regional dynamics, and major players such as Henkel, H.B. Fuller, and 3M. Polyurethane adhesives are widely used in automotive, construction, footwear, packaging, electronics, and furniture sectors, with thermoset adhesives dominating the market due to their superior strength and durability.