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Global PUR Hot-melt Adhesives Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ0482
Global PUR Hot-melt Adhesives Market Outlook to 2029

Report Description

PUR (Polyurethane) Hot-melt adhesive is heated & dispensed from a cartridge or slug, unlike traditional hot melt, which is in stick or pellet form, and also it can solidify even through moisture in the air to form a superior, strong bond that won't re-melt. According to BlueQuark Research & Consulting, the global PUR Hot-melt Adhesive market is expected to witness a significant growth rate during the forecasted period. Factors like low processing cost and excellent durability have increased the usage in the Automotive industry and are predicted to drive the global PUR Hot-melt Adhesive market in the forecasted period. Further, the increasing adoption of bio-based hot-melt adhesives in the production of furniture applications is projected to drive the global PUR Hot-melt Adhesive market in the forecasted period. Furthermore, the increased use of PUR Hot-melt Adhesive in the Packaging industry due to its attractive properties like Superior bonding strength, weather resistance, etc., is expected to drive the global market in the forecasted market. However, factors like the volatile price of the raw materials and essential intermediates are expected to hinder the drive of the Global PUR Hot-melt Adhesives market. 

PUR Hot-melt Adhesive is used for woodworking, finish carpentry, shoe repair, furniture repair, broken glassware repair, laminate countertops, construction & remodeling, ceramic ceiling tiles, vehicle components, etc. 

The Primary use of PUR Hot-melt Adhesive is in the Automotive Industry. The desirable properties of Epoxy Adhesives, like quick setting in ambient temperature, strong bonding characteristics, high mechanical strength, weather resistance, and superior finishing, are expected to drive the global PUR Hot-melt Adhesives market. Its primary usage could be in producing automotive interior panels, manufacturing car seats, fixing cables in roof liners, the bond door sill protectors, bond emblems, anchor plates onto gear knobs, etc. Further, they can be employed in a wide variety of assembly bonding, such as retainer bonding, the bonding of the steel frames, window tracks, etc., also using different materials, such as plastics, metals, lacquers, textiles, and wood-based materials can be bonded securely, thereby supporting the growth of the PUR Hot-melt Adhesive market. PUR hot melt adhesives play an essential role in the development of the automotive value chain, and the automotive sector continues to pursue more realistic and affordable solutions to minimize vehicle weight, thus boosting vehicle performance and customer satisfaction. The body of the vehicle consists of various different panels. The manufacturers use high-performance PUR hot melt adhesive to attach these panels, like the doors. The panels are attached securely, flexible, and durable, utilizing the high-temperature PUR hot melt adhesive while maintaining the vehicle's beauty and seamless curve. PUR hot-melt adhesives are not limited to low-temperature metals and plastics bonding. These adhesives are worthy of use in several engine areas, transmission, radiators, and batteries because of their superior strength and extreme durability. Hence, the rising demand for automotive PUR hot melt adhesives is anticipated to rise in the forecast period. Furthermore, factors like the quick cooling of the applied adhesive allow short set times, the chemical crosslinking with the aid of moisture, guaranteeing high temperature and climate resistance, thereby driving the global market. These are the factors projected to drive the growth of the Global PUR Hot-melt Adhesives market.  

The Asia-Pacific region is expected to be a market leader as it is one of the fastest-growing markets for PUR Hot-melt Adhesive. Increasing demand for automotive industries from emerging countries, especially China, India, etc., have boosted the demand for PUR Hot-melt Adhesive in these regions, thereby driving the market in the Asia-Pacific region. China and India are the primary consumers in Asia-Pacific Region, with China holding a sizeable economic GDP. An immensely high proportion of industrial products are sold in packaging, either due to requirements needed for storage and transport or aesthetic reasons. PUR hot-melt adhesives are mainstream adhesives in the packaging industry. They are most broadly used for carton closing, sealing, etc., and represent one of the largest end-user industries in the PUR hot-melt adhesives market. PUR hot-melt adhesives draw moisture from the substrates and the atmosphere and form a stronger bond than other adhesives, including water-based adhesives and different hot-melt adhesive formulations. Polyurethane hot melt provides a stronger adhesion and cures better than traditional hot melts, making it a prudent choice in the increasing industrial packaging industry. Perfumes, beauty, and cosmetics products are customarily packaged in transparent cases. These hot-melt adhesives are used to seal those packages that ensure a precise application and help in dispensing a perfect end product.​ Further, the increase in the usage of PUR Hot-melt adhesive in the production of furniture applications in countries like China, India, South Korea, etc., is projected to drive the market for PUR Hot-melt Adhesives. Furthermore, the desirable properties of PUR Hot-melt Adhesive, like excellent strength, aesthetic value, low VOC emission, and long-lasting adhesive solutions, have increased their usage in the packaging industry as their finished product should be unaffected by moisture or any other environmental conditions. Moreover, PUR Hot-melt adhesives have a long shelf-life, can be disposed of without any special precautions, and are clean and simple to operate. Factors like these have made Asia-Pacific an essential scope for the global PUR Hot-melt Adhesive market.

Some of the market's key players are Henkel AGSika AG3M CompanyDow ChemicalsThe Arkema Group, and Artimelt AG

In Jan 2020, Jowat SE launched its first PUR hot melt adhesive, Jowatherm-Reaktant® MR 604.90.  

In Sept 2020, SABA announces new pocket spring hot melt adhesives.

Global PUR Hot-melt Adhesive Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the PUR Hot-melt Adhesives market by segmenting based on type (Non-reactive, Reactive), Form (Thermoplastic, Thermosetting), and End-User Industry (Automotive, Furniture, Packaging, Healthcare, Footwear, Textiles & Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the PUR Hot-melt Adhesive market.
  • Equip yourself with rigorous analysis and forward-looking insight into the PUR Hot-melt Adhesive market across various regions.
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market data and forecasts to understand how the demand for the PUR Hot-melt Adhesive Market evolves over the next five years across various regions.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position.

  Tables and charts

Global PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

North America PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United States PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Canada PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Mexico PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Europe PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United Kingdom PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Germany PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Italy PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

France PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Other Supporting Charts

Rest of Europe PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South America PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Brazil PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Argentina PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of South America PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Asia-Pacific PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

China PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

India PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Japan PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Korea PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Asia-Pacific PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Middle East & Africa PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Saudi Arabia PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Africa PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Middle-East & Africa PUR Hot-melt Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

  Who need this report?

  • PUR Hot-melt Adhesive Manufacturing Companies
  • Automotive Industry
  • Furniture Manufacturing Companies
  • Suppliers, distributors of PUR Hot-melt Adhesives
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global PUR Hot-melt Adhesives Market Outlook to 2027.pdf
Market Data - Global PUR Hot-melt Adhesives Market Outlook to 2027.xls

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