Market Study: PUR - Adhesives & Sealants

Introduction

The market research company Ceresana analyzed the global market for adhesives and sealants based on polyurethane (PUR) in detail. Until 2024, Ceresana expects an increase in revenues generated with these products to over USD 9.7 billion. Adhesives and sealants based on other products are NOT included in this study. Polyurethanes are plastics resulting from a polyadditional reaction of polyisocyanates with polyols and are either hard and porous or soft and elastic depending on its production. Different kinds of PUR are needed for reactive, thermally activated, hot melt, dispersion, and solvent-borne adhesives. These adhesives are for example used to bond car front spoilers, sandwich constructions, and facade elements, to glue metal brackets, or to seal electronic casings. PUR Sealants are particularly utilized in the transport industry as well as in the construction industry for window joints, and sealing of windows, pipes, and more.

Building with PUR

The most important application areas of adhesives and sealants based on PUR are the construction industry and the segments transportation, packaging, shoes/leather, and wood processing. The most important sales market in 2016 was the segment construction that consumed about 36% of total global consumption. Adhesives and sealants are, for example, used for wall and floor coverings. In new constructions, maintenance or building refurbishment, they are used for construction parts, such as coverings, panels, and insulation materials, pipes, and interior construction.

Adhesives Instead of Screws

The highest growth rate between 2016 and 2024 is forecast for the segment transportation that is likely to see market volume increase by 4.1% p.a. in the next eight years. The manufacture of cars and utility vehicles is most important in this segment. This application area, however, also includes demand for adhesives and sealants in the production of buses, motorcycles, trains, planes, and ships. Adhesives are, for example, used to bond single parts, such as plates, fittings, and other parts of the interior design. In addition, they are increasingly used to bond metals and plastics.

Light and Durable

PUR adhesives are also important for the packaging industry. Flexible packaging is made of a variety of film types and materials. Different technical characteristics, such as tensile strength, UV light durability, adherence, and air permeability, are to be combined. In 2016, more than 317,000 tonnes of adhesives and sealants were utilized for the segment packaging worldwide. Thus, demand in this segment had risen at an average rate of 3.8% p.a. since 2008.

The Study in Brief:

Chapter 1 provides a depiction of the global market for adhesives and sealants based on polyurethane – including forecasts up to 2024: Data on demand for adhesives and sealants are analyzed for the regions Western Europe, Eastern Europe, North America, South America, Asia-Pacific, the Middle East, and Africa.
Chapter 2 provides market data for the 17 most important countries, that is, country-specific information on demand and revenues. Furthermore, demand is split by application areas.
Chapter 3 analyzes the regional markets for adhesives and sealants: Data and influencing factors on the use in the segments construction, wood processing, transportation, shoes and leather, packaging, and other application areas.
Chapter 4 provides profiles of the largest manufacturers of PUR adhesives and sealants – clearly arranged according to contact details, turnover, profit, product range, production sites, and profile summary. Extensive profiles of 69 manufacturers are given, including 3M Company, Ashland Global Holdings Inc., BASF SE, Covestro AG, DIC Corporation, DowDuPont Inc., Henkel AG & Co. KGaA, Huntsman International LLC, and Illinois Tool Works Inc.

Table of Contents

1 Market Data
1.1 World
1.1.1 Demand
1.1.2 Revenues
1.2 Western Europe
1.2.1 Demand
1.2.2 Revenues
1.3 Eastern Europe
1.3.1 Demand
1.3.2 Revenues
1.4 North America
1.4.1 Demand
1.4.2 Revenues
1.5 South America
1.5.1 Demand
1.5.2 Revenues
1.6 Asia-Pacific
1.6.1 Demand
1.6.2 Revenues
1.7 Middle East
1.7.1 Demand
1.7.2 Revenues
1.8 Africa
1.8.1 Demand
1.8.2 Revenues

2 Country Profiles
2.1 Western Europe
2.1.1 France
2.1.2 Germany
2.1.3 Italy
2.1.4 Spain
2.1.5 United Kingdom
2.1.6 Other Western Europe
2.2 Eastern Europe
2.2.1 Poland
2.2.2 Russia
2.2.3 Turkey
2.2.4 Other Eastern Europe
2.3 North America
2.3.1 Canada
2.3.2 Mexico
2.3.3 USA
2.4 South America
2.4.1 Brazil
2.4.2 Other South America
2.5 Asia-Pacific
2.5.1 China
2.5.2 India
2.5.3 Japan
2.5.4 South Korea
2.5.5 Taiwan
2.5.6 Other Asia-Pacific

3 Applications
3.1 World
3.1.1 Construction
3.1.2 Transportation
3.1.3 Packaging
3.1.4 Shoes and Leather
3.1.5 Wood Processing
3.1.6 Other Applications
3.2 Western Europe
3.2.1 Construction
3.2.2 Transportation
3.2.3 Packaging
3.2.4 Shoes and Leather
3.2.5 Wood Processing
3.2.6 Other Applications
3.3 Eastern Europe
3.3.1 Construction
3.3.2 Transportation
3.3.3 Packaging
3.3.4 Shoes and Leather
3.3.5 Wood Processing
3.3.6 Other Applications
3.4 North America
3.4.1 Construction
3.4.2 Transportation
3.4.3 Packaging
3.4.4 Shoes and Leather
3.4.5 Wood Processing
3.4.6 Other Applications
3.5 South America
3.5.1 Construction
3.5.2 Transportation
3.5.3 Packaging
3.5.4 Shoes and Leather
3.5.5 Wood Processing
3.5.6 Other Applications
3.6 Asia-Pacific
3.6.1 Construction
3.6.2 Transportation
3.6.3 Packaging
3.6.4 Shoes and Leather
3.6.5 Wood Processing
3.6.6 Other Applications
3.7 Middle East
3.8 Africa

4 Company Profiles
4.1 Western Europe
Belgium (1 Producer)
Finland (1)
France (4)
Germany (17)
Italy (3)
Norway (1)
Spain (1)
Sweden (1)
Switzerland (4)
The Netherlands (2)
United Kingdom (1)

4.2 Eastern Europe
Poland (1)
Slovenia (1)

4.3 North America
Mexico (1)
USA (13)

4.4 South America
Brazil (2)

4.5 Asia-Pacific
China (3)
India (3)
Japan (6)
Singapore (1)
Taiwan (2)

List of Graphs

Graph 1: Global demand for adhesives and sealants from 2008 to 2024
Graph 2: Global demand for adhesives and sealants from 2008 to 2024 – split by regions
Graph 3: Global revenues generated with adhesives and sealants from 2008 to 2024 in million USD and million EUR
Graph 4: Euro-reference rate between 2008 and 2017: USD per EUR
Graph 5: Global revenues generated with adhesives and sealants from 2008 to 2024 in billion USD – split by regions
Graph 6: Global revenues generated with adhesives and sealants from 2008 to 2024 in billion EUR – split by regions
Graph 7: Demand for adhesives and sealants in Western Europe from 2008 to 2024
Graph 8: Revenues generated with adhesives and sealants in Western Europe from 2008 to 2024 in million USD and million EUR
Graph 9: Demand for adhesives and sealants in Eastern Europe from 2008 to 2024
Graph 10: Revenues generated with adhesives and sealants in Eastern Europe from 2008 to 2024 in million USD and million EUR
Graph 11: Demand for adhesives and sealants in North America from 2008 to 2024
Graph 12: Revenues generated with adhesives and sealants in North America from 2008 to 2024 in million USD and million EUR
Graph 13: Demand for adhesives and sealants in South America from 2008 to 2024
Graph 14: Revenues generated with adhesives and sealants in South America from 2008 to 2024 in million USD and million EUR
Graph 15: Demand for adhesives and sealants in Asia-Pacific from 2008 to 2024
Graph 16: Revenues generated with adhesives and sealants in Asia-Pacific from 2008 to 2024 in million USD and million EUR
Graph 17: Demand for adhesives and sealants in the Middle East from 2008 to 2024
Graph 18: Revenues generated with adhesives and sealants in the Middle East from 2008 to 2024 in million USD and million EUR
Graph 19: Demand for adhesives and sealants in Africa from 2008 to 2024
Graph 20: Revenues generated with adhesives and sealants in Africa from 2008 to 2024 in million USD and million EUR
Graph 21: Demand for adhesives and sealants in France from 2008 to 2024
Graph 22: Revenues generated with adhesives and sealants in France from 2008 to 2024 in million USD and million EUR
Graph 23: Demand for adhesives and sealants in Germany from 2008 to 2024
Graph 24: Revenues generated with adhesives and sealants in Germany from 2008 to 2024 in million USD and million EUR
Graph 25: Demand for adhesives and sealants in Italy from 2008 to 2024
Graph 26: Revenues generated with adhesives and sealants in Italy from 2008 to 2024 in million USD and million EUR
Graph 27: Demand for adhesives and sealants in Spain from 2008 to 2024
Graph 28: Revenues generated with adhesives and sealants in Spain from 2008 to 2024 in million USD and million EUR
Graph 29: Demand for adhesives and sealants in the United Kingdom from 2008 to 2024
Graph 30: Revenues generated with adhesives and sealants in the United Kingdom from 2008 to 2024 in million USD and million EUR
Graph 31: Demand for adhesives and sealants in Other Western Europe from 2008 to 2024
Graph 32: Revenues generated with adhesives and sealants in Other Western Europe from 2008 to 2024
Graph 33: Demand for adhesives and sealants in Poland from 2008 to 2024
Graph 34: Revenues generated with adhesives and sealants in Poland from 2008 to 2024 in million USD and million EUR
Graph 35: Demand for adhesives and sealants in Russia from 2008 to 2024
Graph 36: Revenues generated with adhesives and sealants in Russia from 2008 to 2024 in million USD and million EUR
Graph 37: Demand for adhesives and sealants in Turkey from 2008 to 2024
Graph 38: Revenues generated with adhesives and sealants in Turkey from 2008 to 2024 in million USD and million EUR
Graph 39: Demand for adhesives and sealants in Other Eastern Europe from 2008 to 2024
Graph 40: Revenues generated with adhesives and sealants in Other Eastern Europe from 2008 to 2024 in million USD and million EUR
Graph 41: Demand for adhesives and sealants in Canada from 2008 to 2024
Graph 42: Revenues generated with adhesives and sealants in Canada from 2008 to 2024 in million USD and million EUR
Graph 43: Demand for adhesives and sealants in Mexico from 2008 to 2024
Graph 44: Revenues generated with adhesives and sealants in Mexico from 2008 to 2024 in million USD and million EUR
Graph 45: Demand for adhesives and sealants in the USA from 2008 to 2024
Graph 46: Revenues generated with adhesives and sealants in the USA from 2008 to 2024 in million USD and million EUR
Graph 47: Demand for adhesives and sealants in Brazil from 2008 to 2024
Graph 48: Revenues generated with adhesives and sealants in Brazil from 2008 to 2024 in million USD and million EUR
Graph 49: Demand for adhesives and sealants in Other South America from 2008 to 2024
Graph 50: Revenues generated with adhesives and sealants in Other South America from 2008 to 2024 in million USD and million EUR
Graph 51: Demand for adhesives and sealants in China from 2008 to 2024
Graph 52: Revenues generated with adhesives and sealants in China from 2008 to 2024 in million USD and million EUR
Graph 53: Demand for adhesives and sealants in India from 2008 to 2024
Graph 54: Revenues generated with adhesives and sealants in India from 2008 to 2024 in million USD and million EUR
Graph 55: Demand for adhesives and sealants in Japan from 2008 to 2024
Graph 56: Revenues generated with adhesives and sealants in Japan from 2008 to 2024 in million USD and million EUR
Graph 57: Demand for adhesives and sealants in South Korea from 2008 to 2024
Graph 58: Revenues generated with adhesives and sealants in South Korea from 2008 to 2024 in million USD and million EUR
Graph 59: Demand for adhesives and sealants in Taiwan from 2008 to 2024
Graph 60: Revenues generated with adhesives and sealants in Taiwan from 2008 to 2024 in million USD and million EUR
Graph 61: Demand for adhesives and sealants in Other Asia-Pacific from 2008 to 2024
Graph 62: Revenues generated with adhesives and sealants in Other Asia-Pacific from 2008 to 2024 in million USD and million EUR
Graph 63: Global demand for adhesives and sealants from 2008 to 2024 – split by applications
Graph 64: Global demand for adhesives and sealants in the segment construction from 2008 to 2024 – split by regions
Graph 65: Global demand for adhesives and sealants in the segment transportation from 2008 to 2024 – split by regions
Graph 66: Global demand for adhesives and sealants in the segment packaging from 2008 to 2024 – split by regions
Graph 67: Global demand for adhesives and sealants in the segment shoes and leather from 2008 to 2024 – split by regions
Graph 68: Global demand for adhesives and sealants in the segment wood processing from 2008 to 2024 – split by regions
Graph 69: Global demand for adhesives and sealants in other applications from 2008 to 2024 – split by regions
Graph 70: Demand for adhesives and sealants in Western Europe from 2008 to 2024 — split by applications
Graph 71: Demand for adhesives and sealants in Eastern Europe from 2008 to 2024 – split by applications
Graph 72: Demand for adhesives and sealants in North America from 2008 to 2024 — split by applications
Graph 73: Demand for adhesives and sealants in South America from 2008 to 2024 – split by applications
Graph 74: Demand for adhesives and sealants in Asia-Pacific from 2008 to 2024 – split by applications
Graph 75: Demand for adhesives and sealants in the Middle East from 2008 to 2024 – split by applications
Graph 76: Demand for adhesives and sealants in Africa from 2008 to 2024 — split by applications

List of Tables

Table 1: Global demand for adhesives and sealants from 2008 to 2024 – split by regions
Table 2: Global demand for adhesives and sealants from 2008 to 2024 – split by products
Table 3: Global revenues generated with adhesives and sealants from 2008 to 2024 in billion USD – split by regions
Table 4: Global revenues generated with adhesives and sealants from 2008 to 2024 in billion EUR – split by regions
Table 5: Demand for adhesives and sealants in Western Europe from 2008 to 2024 – split by major countries
Table 6: Demand for adhesives and sealants in Western Europe from 2008 to 2024 – split by products
Table 7: Demand for adhesives and sealants in Eastern Europe from 2008 to 2024 – split by major countries
Table 8: Demand for adhesives and sealants in Eastern Europe from 2008 to 2024 – split by products
Table 9: Demand for adhesives and sealants in North America from 2008 to 2024 – split by major countries
Table 10: Demand for adhesives and sealants in North America from 2008 to 2024 – split by products
Table 11: Demand for adhesives and sealants in South America from 2008 to 2024 – split by major countries
Table 12: Demand for adhesives and sealants in South America from 2008 to 2024 – split by products
Table 13: Demand for adhesives and sealants in Asia-Pacific from 2008 to 2024 – split by major countries
Table 14: Demand for adhesives and sealants in Asia-Pacific from 2008 to 2024 – split by products
Table 15: Demand for adhesives and sealants in the Middle East from 2008 to 2024 – split by products
Table 16: Demand for adhesives and sealants in Africa from 2008 to 2024 – split by products
Table 17: Demand for adhesives and sealants in France from 2008 to 2024 – split by applications
Table 18: Important manufacturers of adhesives and sealants in France
Table 19: Demand for adhesives and sealants in Germany from 2008 to 2024 – split by applications
Table 20: Important manufacturers of adhesives and sealants in Germany
Table 21: Demand for adhesives and sealants in Italy from 2008 to 2024 – split by applications
Table 22: Important manufacturers of adhesives and sealants in Italy
Table 23: Demand for adhesives and sealants in Spain from 2008 to 2024 – split by applications
Table 24: Demand for adhesives and sealants in the United Kingdom from 2008 to 2024 – split by applications
Table 25: Demand for adhesives and sealants in Other Western Europe from 2008 to 2024 – split by applications
Table 26: Important manufacturers of adhesives and sealants in Other Western Europe
Table 27: Demand for adhesives and sealants in Poland from 2008 to 2024 – split by applications
Table 28: Demand for adhesives and sealants in Russia from 2008 to 2024 – split by applications
Table 29: Demand for adhesives and sealants in Turkey from 2008 to 2024 – split by applications
Table 30: Demand for adhesives and sealants in Other Eastern Europe from 2008 to 2024 – split by applications
Table 31: Demand for adhesives and sealants in Canada from 2008 to 2024 — split by applications
Table 32: Demand for adhesives and sealants in Mexico from 2008 to 2024 – split by applications
Table 33: Demand for adhesives and sealants in the USA from 2008 to 2024 – split by applications
Table 34: Important manufacturers of adhesives and sealants in the USA
Table 35: Demand for adhesives and sealants in Brazil from 2008 to 2024 – split by applications
Table 36: Demand for adhesives and sealants in Other South America from 2008 to 2024 – split by applications
Table 37: Demand for adhesives and sealants in China from 2008 to 2024 – split by applications
Table 38: Important manufacturers of adhesives and sealants in China
Table 39: Demand for adhesives and sealants in India from 2008 to 2024 – split by applications
Table 40: Important manufacturers of adhesives and sealants in India
Table 41: Demand for adhesives and sealants in Japan from 2008 to 2024 – split by applications
Table 42: Important manufacturers of adhesives and sealants in Japan
Table 43: Demand for adhesives and sealants in South Korea from 2008 to 2024 – split by applications
Table 44: Demand for adhesives and sealants in Taiwan from 2008 to 2024 – split by applications
Table 45: Demand for adhesives and sealants in Other Asia-Pacific from 2008 to 2024 – split by applications
Table 46: Global demand for adhesives and sealants from 2008 to 2024 – split by applications
Table 47: Global demand for adhesives and sealants in the segment construction from 2008 to 2024 – split by regions
Table 48: Global demand for adhesives and sealants in the segment transportation from 2008 to 2024 – split by regions
Table 49: Global demand for adhesives and sealants in the segment packaging from 2008 to 2024 – split by regions
Table 50: Global demand for adhesives and sealants in the segment shoes and leather from 2008 to 2024 – split by regions
Table 51: Global demand for adhesives and sealants in the segment wood processing from 2008 to 2024 – split by regions
Table 52: Global demand for adhesives and sealants in other applications from 2008 to 2024 – split by regions
Table 53: Demand for adhesives and sealants in Western Europe from 2008 to 2024 — split by applications
Table 54: Demand for adhesives and sealants in the segment construction in Western Europe from 2008 to 2024 – split by major countries
Table 55: Demand for adhesives and sealants in the segment transportation in Western Europe from 2008 to 2024 – split by major countries
Table 56: Demand for adhesives and sealants in the segment packaging in Western Europe from 2008 to 2024 – split by major countries
Table 57: Demand for adhesives and sealants in the segment shoes and leather in Western Europe from 2008 to 2024 – split by major countries
Table 58: Demand for adhesives and sealants in the segment wood processing in Western Europe from 2008 to 2024 – split by major countries
Table 59: Demand for adhesives and sealants in other applications in Western Europe from 2008 to 2024 – split by major countries
Table 60: Demand for adhesives and sealants in Eastern Europe from 2008 to 2024 – split by applications
Table 61: Demand for adhesives and sealants in the segment construction in Eastern Europe from 2008 to 2024 – split by major countries
Table 62: Demand for adhesives and sealants in the segment transportation in Eastern Europe from 2008 to 2024 – split by major countries
Table 63: Demand for adhesives and sealants in the segment packaging in Eastern Europe from 2008 to 2024 – split by major countries
Table 64: Demand for adhesives and sealants in the segment shoes and leather in Eastern Europe from 2008 to 2024 – split by major countries
Table 65: Demand for adhesives and sealants in the segment wood processing in Eastern Europe from 2008 to 2024 – split by major countries
Table 66: Demand for adhesives and sealants in other applications in Eastern Europe from 2008 to 2024 – split by major countries
Table 67: Demand for adhesives and sealants in North America from 2008 to 2024 – split by applications
Table 68: Demand for adhesives and sealants in the segment construction in North America from 2008 to 2024 – split by major countries
Table 69: Demand for adhesives and sealants in the segment transportation in North America from 2008 to 2024 – split by major countries
Table 70: Demand for adhesives and sealants in the segment packaging in North America from 2008 to 2024 – split by major countries
Table 71: Demand for adhesives and sealants in the segment shoes and leather in North America from 2008 to 2024 – split by major countries
Table 72: Demand for adhesives and sealants in the segment wood processing in North America from 2008 to 2024 – split by major countries
Table 73: Demand for adhesives and sealants in other applications in North America from 2008 to 2024 – split by major countries
Table 74: Demand for adhesives and sealants in South America from 2008 to 2024 – split by applications
Table 75: Demand for adhesives and sealants in the segment construction in South America from 2008 to 2024 – split by major countries
Table 76: Demand for adhesives and sealants in the segment transportation in South America from 2008 to 2024 – split by major countries
Table 77: Demand for adhesives and sealants in the segment packaging in South America from 2008 to 2024 – split by major countries
Table 78: Demand for adhesives and sealants in the segment shoes and leather in South America from 2008 to 2024 – split by major countries
Table 79: Demand for adhesives and sealants in the segment wood processing in South America from 2008 to 2024 – split by major countries
Table 80: Demand for adhesives and sealants in other applications in South America from 2008 to 2024 – split by major countries
Table 81: Demand for adhesives and sealants in Asia-Pacific from 2008 to 2024 – split by applications
Table 82: Demand for adhesives and sealants in the segment construction in Asia-Pacific from 2008 to 2024 – split by major countries
Table 83: Demand for adhesives and sealants in the segment transportation in Asia-Pacific from 2008 to 2024 – split by major countries
Table 84: Demand for adhesives and sealants in the segment packaging in Asia-Pacific from 2008 to 2024 – split by major countries
Table 85: Demand for adhesives and sealants in the segment shoes and leather in Asia-Pacific from 2008 to 2024 – split by major countries
Table 86: Demand for adhesives and sealants in the segment wood processing in Asia-Pacific from 2008 to 2024 – split by major countries
Table 87: Demand for adhesives and sealants in other applications in Asia-Pacific from 2008 to 2024 – split by major countries
Table 88: Demand for adhesives and sealants in the Middle East from 2008 to 2024 – split by applications
Table 89: Demand for adhesives and sealants in Africa from 2008 to 2024 — split by applications