The Global Polyurethane Sealants Market is poised to grow at a CAGR of around 6.3% over the next decade to reach approximately $3.98 billion by 2025. Some of the prominent trends that the market is witnessing include increasing demand for low VOC, green & sustainable adhesives & sealants, high demand for adhesives & sealants from the emerging regions and rising demand for lightweight & low carbon emitting vehicles.
Based on end user the market is categorized into paints& coatings, adhesives & sealants, furniture and interiors, footwear, elastomers & binders, automotive, marine, general industrial, building & construction and other end users. Building& construction divided into sanitary and kitchen applications, glazing, flooring & joining applications and other building & constructions.
By product type, market is segregated into two-component and one-component. By applications the market is segmented by hot melt adhesives, pressure sensitive adhesives, engineering plastics, automotive plastics, geosynthetics, green coating, polymer emulsions, adhesive, packaging and dispersants. Based on ingredients the market is categorized into toluene diisocyanate (TDI), succinic acid, polyols, methylene diphenyl diisocyanate (MDI) and bio-based polyols.
Increasing demand for low VOC, green & sustainable adhesives & sealants.
High demand for adhesives & sealants from the emerging regions.
Rising demand for lightweight & low carbon emitting vehicles.