Polyurethane Adhesives Market to Witness Rapid Growth by 2021 Sep 2016 | Page 2
Polyurethane Adhesives Market:
Global Forecast to 2021
“Polyurethane adhesives market to register a CAGR of 6.8% between 2016 and 2021”
The market size of polyurethane (PU) adhesives is estimated to reach USD 9.38 billion by
2021, registering a CAGR of 6.8% between 2016 and 2021. Increasing building &
construction activities, growth in production of automotive, and emerging middle-class
population is expected to drive the PU adhesives market in the next five years.
“Solvent-borne is the major technology driving the PU adhesives market”
Solvent-borne and waterborne are two major technologies used in the PU adhesives
market. Efficiency in the technology to improve consumer experience is vital to the
modern adhesives industry. The solvent-borne PU adhesives are selected by many major
end-use industries for different applications, as they provide immediate bonding of
substrates with good adhesion properties.
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