PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2101333
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2101333
The polyurethane adhesives market is estimated to grow from USD 9.68 billion in 2026 to USD 12.84 billion by 2031, at a CAGR of 5.82%. Continuous research and development activities are expanding the capabilities of polyurethane adhesives. Manufacturers are introducing advanced formulations with improved curing characteristics, higher bond strength, better flexibility, and enhanced resistance to moisture, chemicals, and temperature variations.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2021-2031 |
| Base Year | 2025 |
| Forecast Period | 2026-2031 |
| Units Considered | Value (USD Million/Billion) and Volume (Kiloton) |
| Segments | Type, Technology, End-use Industry, and Region |
| Regions covered | Asia Pacific, Europe, North America, Middle East & Africa, and South America |
Product innovation is also improving compatibility with different manufacturing processes and substrate combinations. These developments allow polyurethane adhesives to meet evolving performance requirements across a wider range of applications. Improved formulation technology enables manufacturers to achieve greater production efficiency while maintaining consistent product quality. Ongoing investment in adhesive innovation is creating opportunities for new product development and expanding application possibilities. This continuous technological progress remains an important contributor to market growth.

"The thermoplastic segment accounted for the second-largest share of the polyurethane adhesives market in 2025."
The thermoplastic segment accounted for the second-largest share of the polyurethane adhesives market in 2025. Furniture manufacturers increasingly rely on thermoplastic polyurethane adhesives for bonding decorative laminates, edge bands, upholstery materials, foams, and engineered wood components. These adhesives support efficient production while providing durable bonding and attractive finished surfaces across residential, office, hospitality, and commercial furniture products. Growing investments in housing development, office construction, hospitality projects, and interior renovation continue increasing global furniture production. Manufacturers also seek adhesive technologies that improve assembly efficiency and support high-volume manufacturing operations. This steady expansion of furniture and interior component manufacturing continues strengthening demand for thermoplastic polyurethane adhesives worldwide.
"The dispersion segment held the third-largest market share, in terms of value, in 2025."
The dispersion technology held the third-largest market share, in terms of value, in 2025. The growing preference for low VOC adhesive systems is a major factor driving the adoption of polyurethane dispersion technology across multiple industries. Manufacturers are increasingly replacing conventional solvent-containing adhesive systems with water-based dispersion formulations to support cleaner production processes and align with evolving environmental standards. This transition is particularly evident in furniture, footwear, textiles, construction materials, and automotive component manufacturing, where sustainable production has become an important competitive advantage. Polyurethane dispersion adhesives deliver reliable bonding performance while supporting reduced emissions during manufacturing operations. As industries continue investing in environmentally responsible production technologies and sustainable product portfolios, the demand for dispersion polyurethane adhesives continues to expand, strengthening the long-term growth of this technology segment.
"The building & construction segment accounted for the third-largest market, in terms of value, in 2025."
The building & construction segment accounted for the third-largest market by value in 2025. Energy-efficient buildings increasingly incorporate advanced insulation systems, sandwich panels, facade elements, and glazing assemblies designed to improve thermal performance. Polyurethane adhesives play an important role in securely bonding these materials while maintaining the integrity of complete building envelope systems. Their ability to adhere to a broad range of substrates supports modern construction practices focused on improving building efficiency and long-term operational performance. Architects and developers continue specifying advanced building materials that require dependable adhesive technologies for effective installation. As sustainable construction standards continue expanding globally, polyurethane adhesives are experiencing increasing adoption across energy-efficient building projects.
"North America accounted for the third-largest share of the global polyurethane adhesives market, in terms of value, in 2025."
North America held the third-largest share of the overall polyurethane adhesives market, in terms of value, in 2025. North America continues to strengthen its electric vehicle manufacturing ecosystem through investments in vehicle assembly plants, battery production facilities, and automotive component manufacturing. Polyurethane adhesives are widely used to bond battery packs, battery modules, interior trims, seating systems, door panels, headliners, and lightweight composite parts. These adhesives provide strong, durable bonding while delivering vibration resistance, impact performance, and long service life throughout vehicle operation. Automotive manufacturers increasingly integrate polyurethane adhesives into automated assembly processes to improve production efficiency and achieve consistent product quality. The expansion of domestic electric vehicle production, supported by growing battery manufacturing capacity and localized supply chains, continues driving steady demand for polyurethane adhesives across North America's automotive industry.
The key players profiled in the report include Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), Sika AG (Switzerland), Dow Inc. (US), 3M Company (US), Arkema S.A. (France), Huntsman International LLC (US), Jowat SE (Germany), Parker-Hannifin Corporation (US), and Illinois Tool Works Inc. (US).
Study Coverage
This report segments the market for polyurethane adhesives based on type, technology, end-use industry, and region, and provides estimations of value (in USD Million) and volume (in Kiloton) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, and key strategies associated with the polyurethane adhesives market.
Reasons to Buy this Report
This research report is focused on various levels of analysis-industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the polyurethane adhesives market, high-growth regions, and market drivers, restraints, and opportunities.