DUBLIN, Feb. 14, 2018 /PRNewswire/ --
The "Global Polyurethane Adhesives Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
Global polyurethane adhesives market to grow at a CAGR of 7.31% during the period 2017-2021.
One driver in the market is increasing demand for polyurethane adhesives by footwear industry. The rising demand for waterborne heat-activated adhesive solutions by the footwear industry has led manufacturers to focus on high-quality polyurethane adhesives. Covestro, a leading polyurethane adhesives manufacturer, offers a range of aqueous polyurethane dispersions known as Dispercoll U.
One trend in the market is increasing adoption of sustainable products. Rising emphasis on reducing VOC emissions and sustainability has led polyurethane adhesive manufacturers to develop new, environment-friendly products. These products reduce carbon footprint. Currently, the newer products must not only be of superior quality but also be sustainable and low cost. The growing demand from consumer applications is elevating the consumption of polyurethane adhesives in near future.
One challenge in the market is volatile prices of raw materials. Several chemicals that are used to manufacture polyurethane adhesives are derived from crude oil, such as polyols, and diisocyanates such as TDI and MDI. The oil and gas industry is one of the key suppliers of raw materials in the global polyurethane adhesives market as these adhesives are produced from petroleum fractions. Fluctuations in crude oil prices have an adverse impact on the price of raw material, thereby affecting the costs of polyurethane adhesives. Price of crude oil (per barrel) decreased at a rate of nearly 60% from 2015 to 2016.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- The Dow Chemical Company
Other Prominent Vendors
- Arkema Group
- H.B. Fuller Company
- Huntsman Corporation
- Illinois Tool Works
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation by End-User
Part 09: Market Segmentation by Technology
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/w4snkv/global?w=5
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SOURCE Research and Markets