Automotive Polyurethane (PU) Adhesives Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 1.9 Billion by 2033, exhibiting a CAGR of 5.5% from 2026 to 2033.
In 2022, the global automotive polyurethane (PU) adhesives market was valued at approximately USD 2.5 billion and is projected to reach USD 4.2 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.5% during the forecast period from 2024 to 2031. This growth is primarily driven by the increasing demand for lightweight, fuel efficient vehicles, where PU adhesives play a critical role in bonding various materials such as metals, plastics, and composites, thereby reducing vehicle weight and enhancing performance. Regionally, the Asia Pacific market dominates the automotive PU adhesives sector, accounting for a significant share due to robust automotive manufacturing activities in countries like China, Japan, and South Korea. In 2023, the Asia Pacific region held approximately 40% of the global market share, with a projected CAGR of 6.5% during the forecast period. North America follows, with the United States leading the market, contributing around 25% of the global share in 2023 and expected to grow at a steady CAGR of 5.8%. Europe also holds a substantial portion, with countries like Germany, France, and the United Kingdom driving demand, accounting for approximately 20% of the global market share in 2023 and anticipated to grow at a CAGR of 5.5% during the forecast period. These regional trends are influenced by factors such as the increasing adoption of electric vehicles, stringent emission regulations, and advancements in adhesive technologies.
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Bostik SA
Dow Chemical Company
H.B. Fuller Company
3M Company
Ashland Inc
Avery Dennison Corporation
BASF AG
Beardow & Adams(Adhesives) Ltd.
Eastman Chemical Company
Ellsworth Adhesives
Henkel AG & Co. KGaA
Momentive Performance Materials
ND Industries
Sika AG
Uniseal
Shivalikagropoly
DELO
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Polyurethane (PU) Adhesives Market
Thermosetting Polyurethane Adhesives
Thermoplastic Polyurethane Adhesives
Manual Application
Automated Application
Original Equipment Manufacturers (OEMs)
Aftermarket Services
Moisture-Cured Adhesives
Heat-Cured Adhesives
UV-Cured Adhesives
Structural Adhesives
Flexible Adhesives
Electrical Insulating Adhesives
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Polyurethane (PU) Adhesives Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Polyurethane (PU) Adhesives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Polyurethane (PU) Adhesives Market, By Type
6. Global Automotive Polyurethane (PU) Adhesives Market, By Application
7. Global Automotive Polyurethane (PU) Adhesives Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Polyurethane (PU) Adhesives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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