Europe Polyurethane (PU) Adhesives Market 2020 Trends, Opportunity and Growth Analysis Forecast by 2026

Europe polyurethane (PU) adhesives market is expected to grow at a CAGR of more than 3% during the forecast period. The demand for PU adhesives is widely driven by the reviving construction activities in the region and increased application in automotive and aerospace industry. However, stringent VOC emission regulations may affect the growth of the studied market.

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Building and Construction Industry to Drive the Market

– Among end-user industries, building and construction segment dominates the consumption of PU adhesives in the region.
– PU adhesives have rapid curing and low strength properties, making it an excellent choice for woodworking and other construction applications. They provide high strength required to hold construction materials together.
– Besides, this material is versatile, when it comes to product assembly adhesives. It suits plastics, glass, PVFs, aluminum, stainless steel, and other metals, regardless of the toughness of bond substrates.
– In Europe, countries such as Germany, United Kingdom, Italy, Spain and Russia have been witnessing growth in construction sector, and while this trend is likely to persist over the next two years, the consumption of PU adhesives from construction industry is likely to increase further.

Germany to Dominate the Market Demand

– Germany dominate the consumption of polyurethane (PU) adhesives in the region, where the industries, such as construction, electrical and electronics, packaging and automotive and aerospace industry are likely to drive the consumption of PU adhesives.
– In Europe, countries such as Germany, United Kingdom, Italy, Spain and Russia have been witnessing growth in construction sector, and while this trend is likely to persist over the next two years, the consumption of PU adhesives from construction industry is likely to increase further.
– Germany has the largest construction industry in Europe. The non-residential and commercial buildings in the country are expected to witness significant growth prospects in the coming years. The growth is supported by lower interest rates, increase in real disposable incomes, and numerous investments by the EU and German governments.
– The German electronic industry is the Europes biggest and the fifth-largest industry, worldwide. The electronic industry also invests heavily on innovation and development of consumer electronics and medical devices, which is further likely to increase opportunities for PU adhesives market in the years to come.
– However, the automotive industry has been experiencing slowdown, which is expected to negatively affect the consumption of PU adhesives in the sector.

Competitive Landscape

Europe polyurethane (PU) adhesives market is fragmented in nature. Some of the key players in the market includes 3M, Arkema Group, Dow, H.B. Fuller, and Henkel AG & Co. KGaA, amongst others.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Europe Polyurethane (PU) Adhesives Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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