Polyurethane Adhesives Market Size
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Study Period | 2017 - 2028 |
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Market Size (2024) | USD 14.70 Billion |
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Market Size (2028) | USD 18.45 Billion |
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Largest Share by End User Industry | Packaging |
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CAGR (2024 - 2028) | 5.86 % |
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Largest Share by Region | Asia-Pacific |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Polyurethane Adhesives Market Analysis
The Polyurethane Adhesives Market size is estimated at 14.70 billion USD in 2024, and is expected to reach 18.45 billion USD by 2028, growing at a CAGR of 5.86% during the forecast period (2024-2028).
14.70 Billion
Market Size in 2024 (USD)
18.45 Billion
Market Size in 2028 (USD)
5.24 %
CAGR (2017-2023)
5.86 %
CAGR (2024-2028)
Largest Market by End-user Industry
27.49 %
value share, Packaging, 2023
Packaging is the dominant end-user industry in the market owing to its widespread usage in laminating applications for flexible food packaging.
Largest Market by Technology
35.09 %
value share, Hot Melt, 2023
Hot melt is the largest technology type in the market owing to its wide range of applications across major end-user industries, including packaging, healthcare, automotive, and building and construction.
Largest Market by Region
41.88 %
value share, Asia-Pacific, 2023
Asia-Pacific, driven mainly by India, China, South Korea, and Japan, is a major polyurethane adhesive consumer owing to its usage from various end-user segments.
Fastest Growing Market by Region
6.15 %
Projected CAGR, Europe, 2024-2028
Due to the increasing population and rapid urbanization in countries such as China, India, South Korea, Japan, and others, the Asia-Pacific region is projected to be the fastest-growing region during the forecast period.
Leading Market Player
6.07 %
market share, Sika AG, 2021
Sika AG has been witnessing increasing volume sales globally. This increase can be attributed to the popularity of its products, mostly in the automotive and building and construction industries.
Emerging construction and packaging end-use sector expected to boost the consumption of polyurethane adhesives, globally
- Polyurethane adhesives are widely used in the packaging industry. Polyurethane adhesives are used in food and beverage packaging, container packaging, end-of-line packaging for functional barrier applications, and metal packaging. Additionally, according to a report published by the Association for Packaging and Processing Technologies, growth in the global packaging industry reached USD 42.2 billion in 2021, which increased from USD 36.8 billion in 2016, owing to the increasing population, growing sustainability concerns, more spending power in developing regions, the rising demand for smart packaging, and others.
- Similarly, the building and construction segment occupies the second-highest share in the global polyurethane adhesives market. Polyurethane adhesives offer good cohesion, adhesion and elasticity, high cohesive strength, flexibility, and high elastic modulus of the substrate. According to the United Nations (UN), around 50% of the global population resides in urban cities, which is projected to touch 60% by 2030. The pace of economic and demographic growth must be in harmony with the demand for commercial, residential, and institutional construction activities. By 2030, around 40% of the global population is likely to need housing at the rate of over 96,150 houses per day. Thus, rising construction activities are likely to drive the market for polyurethane adhesives in the upcoming years.
- Polyurethane adhesives are widely used in electronics and electrical equipment manufacturing. The electronics and household appliances industries are expected to record a CAGR of 2.51% and 5.77%, respectively, globally, which will lead to an increase in demand for polyurethane adhesives during the forecast period (2022-2028).
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Increased investments and recovery funds in North America, Europe and Asia-Pacific, projected to raise the global utilization of polyurethane adhesives in various end-use sectors
- The Asia Pacific has occupied the largest share of the demand for polyurethane adhesives throughout the entire study period because of the large number of construction and packaging activities, Automotive, Medical devices, and aerospace production capacities, and other well-established end-user industries in the region. China is the largest construction and automotive market globally and generates up to 58% of the demand from the Asia Pacific region.
- During 2017-19 the demand for polyurethane adhesives has been sluggish. This is because of slow growth in Europe and the Asia Pacific regions. The global decline in the demand from construction and automotive end-user industries, which are among the major end-user industries, has restricted the overall growth of polyurethane adhesives demand. The demand from these industries declined with CAGRs of -0.05% and -1.79% during this period.
- In 2020, the demand for polyurethane adhesives from all end-user industries declined because of the covid-19 pandemic. In some countries like South Africa, and Brazil among others construction activities were deemed essential and were allowed to operate during the pandemic. Factors like these have cushioned the global impact restricting the decline to 8.96% in 2020.
- In 2021, due to the relief packages and support schemes in countries like the United States, Australia, and countries in the EU among others, the demand started to recover and this growth trend is expected to continue throughout the forecast period. Increased investments and budget allotments witnessed in countries of Europe, South America, and the Asia Pacific regions are expected to be major driving factors for this growth.
Global Polyurethane Adhesives Market Trends
Fast paced growth of e-commerce industry in developing nations to augment the industry
- In 2020, the packaging industry started with multiple long-term trends driving higher demand, and growth accelerated as economic activity switched to address the challenges posed by the COVID-19 pandemic. The industry's robust performance supported rising revenues and the expansion of important end markets such as food and beverage and healthcare and also demonstrated the industry's general stability during a period of overall economic uncertainty.
- Packaging M&A activities soared in 2021, as buyers and sellers enthusiastically returned to the market after deal-making almost ceased during the pandemic in 2020. During the pandemic, the strong performance of packaging companies reinforced the idea that the industry offers stability during moments of general market turbulence. The pandemic also strengthened previously existing tailwinds, including rapid e-commerce expansion and brand owners employing packaging to differentiate their products on supermarket shelves, positioning the sector for stronger long-term growth.
- As of now, dissolvable packaging, space-saving packaging, and smart packaging are a few innovations that have come up in the packaging industry. The adoption of edible packaging, an interesting and innovative alternative that alleviates the reliance on fossil fuels and has the potential to significantly decrease the carbon footprint, is now becoming popular across the food industry owing to its sustainability. These factors have created a growth opportunity for the packaging industry in the food and beverage sector, which is expected to boost the packaging industry's growth during the forecast period.
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Growing residential and infrastructural development to thrive the construction sector
- The building and construction industry witnessed steady growth, with a CAGR of 2.6% from 2017 to 2019. This growth was driven by the upswing in global economic activity and increasing demand for single-family homes. In 2020, the COVID-19 pandemic had a major impact on the global building and construction industry. Constraints in labor supply, disruptions in construction finances and the supply chain, and economic uncertainty negatively impacted the global building and construction industry.
- Though the industry showed positive growth in 2021, the pandemic's effect on supply chains, which resulted in a hike in raw material prices, is still plaguing the industry. However, as the construction industry heavily influences a nation's economy, countries in Europe, North America, and Asia-Pacific have used the construction industry to restart their economic cycles by offering support schemes. Some support schemes include the Homebuilder Programme in Australia and the economic recovery plan of EU countries.
- The Asia-Pacific region experiences the highest volume of construction activities, and it is expected to remain the largest construction market till 2028 due to its huge population, increasing urbanization, and increasing investments in infrastructural development in countries like China, India, Japan, Indonesia, and South Korea.
- Increasing emphasis on green buildings and efforts to reduce emissions from global construction activities are expected to result in more sustainable operational procedures during the forecast period. For example, France has sanctioned EUR 7.5 billion for the construction industry to transform itself into a low-carbon energy economy.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Rapid growth of civil and military aviation will boost the aircraft production
- Easy availability of resources will support the footwear industry specifically in developing countries
- Favorable government policies to promote electric vehicles will propel automotive industry
- Rising demand for home & office furniture to aid the growth of the industry
Polyurethane Adhesives Industry Overview
The Polyurethane Adhesives Market is fragmented, with the top five companies occupying 18.76%. The major players in this market are 3M, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman International LLC and Sika AG (sorted alphabetically).
Polyurethane Adhesives Market Leaders
3M
H.B. Fuller Company
Henkel AG & Co. KGaA
Huntsman International LLC
Sika AG
Other important companies include Arkema Group, Beijing Comens New Materials Co., Ltd., Dow, Hubei Huitian New Materials Co. Ltd, Jowat SE, Kangda New Materials (Group) Co., Ltd., MAPEI S.p.A., NANPAO RESINS CHEMICAL GROUP, Pidilite Industries Ltd., Soudal Holding N.V..
*Disclaimer: Major Players sorted in alphabetical order.
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Polyurethane Adhesives Market News
- July 2022: Mapei started the construction of its third manufacturing facility in Kosi, Mathura, to cater to the demand generated from Northern India.
- May 2022: Henkel introduced new products, such as Loctite Liofol LA 7818 RE / 6231 RE and Loctite Liofol LA 7102 RE / 6902 RE, to promote recyclability in the packaging industry.
- February 2022: Arkema Group completed the acquisition of Ashland's Performance Adhesives business. Ashland is a world leader in high-performance adhesives in the United States.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on various end-user production trends including automobile production, newly built construction floor area, packaging production, aircraft deliveries, footwear production, and regional data on adhesives and sealants demand, etc.
Polyurethane Adhesives Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 End User Trends
- 4.1.1 Aerospace
- 4.1.2 Automotive
- 4.1.3 Building and Construction
- 4.1.4 Footwear and Leather
- 4.1.5 Packaging
- 4.1.6 Woodworking and Joinery
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4.2 Regulatory Framework
- 4.2.1 Argentina
- 4.2.2 Australia
- 4.2.3 Brazil
- 4.2.4 Canada
- 4.2.5 China
- 4.2.6 EU
- 4.2.7 India
- 4.2.8 Indonesia
- 4.2.9 Japan
- 4.2.10 Malaysia
- 4.2.11 Mexico
- 4.2.12 Russia
- 4.2.13 Saudi Arabia
- 4.2.14 Singapore
- 4.2.15 South Africa
- 4.2.16 South Korea
- 4.2.17 Thailand
- 4.2.18 United States
- 4.3 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)
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5.1 End User Industry
- 5.1.1 Aerospace
- 5.1.2 Automotive
- 5.1.3 Building and Construction
- 5.1.4 Footwear and Leather
- 5.1.5 Healthcare
- 5.1.6 Packaging
- 5.1.7 Woodworking and Joinery
- 5.1.8 Other End-user Industries
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5.2 Technology
- 5.2.1 Hot Melt
- 5.2.2 Reactive
- 5.2.3 Solvent-borne
- 5.2.4 UV Cured Adhesives
- 5.2.5 Water-borne
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5.3 Region
- 5.3.1 Asia-Pacific
- 5.3.1.1 Australia
- 5.3.1.2 China
- 5.3.1.3 India
- 5.3.1.4 Indonesia
- 5.3.1.5 Japan
- 5.3.1.6 Malaysia
- 5.3.1.7 Singapore
- 5.3.1.8 South Korea
- 5.3.1.9 Thailand
- 5.3.1.10 Rest of Asia-Pacific
- 5.3.2 Europe
- 5.3.2.1 France
- 5.3.2.2 Germany
- 5.3.2.3 Italy
- 5.3.2.4 Russia
- 5.3.2.5 Spain
- 5.3.2.6 United Kingdom
- 5.3.2.7 Rest of Europe
- 5.3.3 Middle East & Africa
- 5.3.3.1 Saudi Arabia
- 5.3.3.2 South Africa
- 5.3.3.3 Rest of Middle East & Africa
- 5.3.4 North America
- 5.3.4.1 Canada
- 5.3.4.2 Mexico
- 5.3.4.3 United States
- 5.3.4.4 Rest of North America
- 5.3.5 South America
- 5.3.5.1 Argentina
- 5.3.5.2 Brazil
- 5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 Beijing Comens New Materials Co., Ltd.
- 6.4.4 Dow
- 6.4.5 H.B. Fuller Company
- 6.4.6 Henkel AG & Co. KGaA
- 6.4.7 Hubei Huitian New Materials Co. Ltd
- 6.4.8 Huntsman International LLC
- 6.4.9 Jowat SE
- 6.4.10 Kangda New Materials (Group) Co., Ltd.
- 6.4.11 MAPEI S.p.A.
- 6.4.12 NANPAO RESINS CHEMICAL GROUP
- 6.4.13 Pidilite Industries Ltd.
- 6.4.14 Sika AG
- 6.4.15 Soudal Holding N.V.
7. KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS
8. APPENDIX
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8.1 Global Adhesives and Sealants Industry Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Drivers, Restraints, and Opportunities
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- VOLUME OF AIRCRAFTS DELIVERED, UNITS, GLOBAL, 2017-2028
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, GLOBAL, 2017-2028
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, GLOBAL, 2017-2028
- Figure 4:
- PRODUCTION VOLUME OF FOOTWEAR, PAIRS, GLOBAL, 2017-2028
- Figure 5:
- PRODUCTION VOLUME OF PAPER & PAPER BOARD AND PLASTIC PACKAGING, TONS, GLOBAL, 2017-2028
- Figure 6:
- PRODUCTION VOLUME OF FURNITURE, UNITS, GLOBAL, 2017-2028
- Figure 7:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 8:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 9:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 10:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, USD, GLOBAL, 2017 - 2028
- Figure 11:
- VOLUME SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 12:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 13:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED IN AEROSPACE INDUSTRY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 14:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED IN AEROSPACE INDUSTRY, USD, GLOBAL, 2017 - 2028
- Figure 15:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED IN AEROSPACE INDUSTRY BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 16:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED IN AUTOMOTIVE INDUSTRY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 17:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED IN AUTOMOTIVE INDUSTRY, USD, GLOBAL, 2017 - 2028
- Figure 18:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED IN AUTOMOTIVE INDUSTRY BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 19:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 20:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, GLOBAL, 2017 - 2028
- Figure 21:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 22:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED IN FOOTWEAR AND LEATHER INDUSTRY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 23:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED IN FOOTWEAR AND LEATHER INDUSTRY, USD, GLOBAL, 2017 - 2028
- Figure 24:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED IN FOOTWEAR AND LEATHER INDUSTRY BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 25:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED IN HEALTHCARE INDUSTRY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 26:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED IN HEALTHCARE INDUSTRY, USD, GLOBAL, 2017 - 2028
- Figure 27:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED IN HEALTHCARE INDUSTRY BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 28:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED IN PACKAGING INDUSTRY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 29:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED IN PACKAGING INDUSTRY, USD, GLOBAL, 2017 - 2028
- Figure 30:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED IN PACKAGING INDUSTRY BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 31:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED IN WOODWORKING AND JOINERY INDUSTRY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 32:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED IN WOODWORKING AND JOINERY INDUSTRY, USD, GLOBAL, 2017 - 2028
- Figure 33:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED IN WOODWORKING AND JOINERY INDUSTRY BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 34:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 35:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, GLOBAL, 2017 - 2028
- Figure 36:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY TECHNOLOGY, %, GLOBAL, 2021 VS 2028
- Figure 37:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED BY TECHNOLOGY, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 38:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED BY TECHNOLOGY, USD, GLOBAL, 2017 - 2028
- Figure 39:
- VOLUME SHARE OF POLYURETHANE ADHESIVES CONSUMED BY TECHNOLOGY, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 40:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY TECHNOLOGY, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 41:
- VOLUME OF HOT MELT POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 42:
- VALUE OF HOT MELT POLYURETHANE ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 43:
- VALUE SHARE OF HOT MELT POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2021 VS 2028
- Figure 44:
- VOLUME OF REACTIVE POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 45:
- VALUE OF REACTIVE POLYURETHANE ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 46:
- VALUE SHARE OF REACTIVE POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2021 VS 2028
- Figure 47:
- VOLUME OF SOLVENT-BORNE POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 48:
- VALUE OF SOLVENT-BORNE POLYURETHANE ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 49:
- VALUE SHARE OF SOLVENT-BORNE POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2021 VS 2028
- Figure 50:
- VOLUME OF UV CURED ADHESIVES POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 51:
- VALUE OF UV CURED ADHESIVES POLYURETHANE ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 52:
- VALUE SHARE OF UV CURED ADHESIVES POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2021 VS 2028
- Figure 53:
- VOLUME OF WATER-BORNE POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 54:
- VALUE OF WATER-BORNE POLYURETHANE ADHESIVES CONSUMED, USD, GLOBAL, 2017 - 2028
- Figure 55:
- VALUE SHARE OF WATER-BORNE POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2021 VS 2028
- Figure 56:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED BY REGION, KILOGRAM, GLOBAL, 2017 - 2028
- Figure 57:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED BY REGION, USD, GLOBAL, 2017 - 2028
- Figure 58:
- VOLUME SHARE OF POLYURETHANE ADHESIVES CONSUMED BY REGION, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 59:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY REGION, %, GLOBAL, 2016 VS 2022 VS 2028
- Figure 60:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, KILOGRAM, ASIA-PACIFIC, 2017 - 2028
- Figure 61:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2028
- Figure 62:
- VOLUME SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
- Figure 63:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2016 VS 2022 VS 2028
- Figure 64:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, AUSTRALIA, 2017 - 2028
- Figure 65:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, AUSTRALIA, 2017 - 2028
- Figure 66:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, AUSTRALIA, 2021 VS 2028
- Figure 67:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, CHINA, 2017 - 2028
- Figure 68:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, CHINA, 2017 - 2028
- Figure 69:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, CHINA, 2021 VS 2028
- Figure 70:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, INDIA, 2017 - 2028
- Figure 71:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, INDIA, 2017 - 2028
- Figure 72:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, INDIA, 2021 VS 2028
- Figure 73:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, INDONESIA, 2017 - 2028
- Figure 74:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, INDONESIA, 2017 - 2028
- Figure 75:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, INDONESIA, 2021 VS 2028
- Figure 76:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, JAPAN, 2017 - 2028
- Figure 77:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, JAPAN, 2017 - 2028
- Figure 78:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, JAPAN, 2021 VS 2028
- Figure 79:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, MALAYSIA, 2017 - 2028
- Figure 80:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, MALAYSIA, 2017 - 2028
- Figure 81:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2021 VS 2028
- Figure 82:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, SINGAPORE, 2017 - 2028
- Figure 83:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, SINGAPORE, 2017 - 2028
- Figure 84:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, SINGAPORE, 2021 VS 2028
- Figure 85:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, SOUTH KOREA, 2017 - 2028
- Figure 86:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, SOUTH KOREA, 2017 - 2028
- Figure 87:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2021 VS 2028
- Figure 88:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, THAILAND, 2017 - 2028
- Figure 89:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, THAILAND, 2017 - 2028
- Figure 90:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, THAILAND, 2021 VS 2028
- Figure 91:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, REST OF ASIA-PACIFIC, 2017 - 2028
- Figure 92:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, REST OF ASIA-PACIFIC, 2017 - 2028
- Figure 93:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, REST OF ASIA-PACIFIC, 2021 VS 2028
- Figure 94:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, KILOGRAM, EUROPE, 2017 - 2028
- Figure 95:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, USD, EUROPE, 2017 - 2028
- Figure 96:
- VOLUME SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 97:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, EUROPE, 2016 VS 2022 VS 2028
- Figure 98:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, FRANCE, 2017 - 2028
- Figure 99:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, FRANCE, 2017 - 2028
- Figure 100:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, FRANCE, 2021 VS 2028
- Figure 101:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, GERMANY, 2017 - 2028
- Figure 102:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, GERMANY, 2017 - 2028
- Figure 103:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, GERMANY, 2021 VS 2028
- Figure 104:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, ITALY, 2017 - 2028
- Figure 105:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, ITALY, 2017 - 2028
- Figure 106:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, ITALY, 2021 VS 2028
- Figure 107:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, RUSSIA, 2017 - 2028
- Figure 108:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, RUSSIA, 2017 - 2028
- Figure 109:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, RUSSIA, 2021 VS 2028
- Figure 110:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, SPAIN, 2017 - 2028
- Figure 111:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, SPAIN, 2017 - 2028
- Figure 112:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, SPAIN, 2021 VS 2028
- Figure 113:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, UNITED KINGDOM, 2017 - 2028
- Figure 114:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, UNITED KINGDOM, 2017 - 2028
- Figure 115:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, UNITED KINGDOM, 2021 VS 2028
- Figure 116:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, REST OF EUROPE, 2017 - 2028
- Figure 117:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, REST OF EUROPE, 2017 - 2028
- Figure 118:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, REST OF EUROPE, 2021 VS 2028
- Figure 119:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, KILOGRAM, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 120:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, USD, MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 121:
- VOLUME SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 122:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, MIDDLE EAST & AFRICA, 2016 VS 2022 VS 2028
- Figure 123:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, SAUDI ARABIA, 2017 - 2028
- Figure 124:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, SAUDI ARABIA, 2017 - 2028
- Figure 125:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2021 VS 2028
- Figure 126:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, SOUTH AFRICA, 2017 - 2028
- Figure 127:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, SOUTH AFRICA, 2017 - 2028
- Figure 128:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, SOUTH AFRICA, 2021 VS 2028
- Figure 129:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, REST OF MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 130:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, REST OF MIDDLE EAST & AFRICA, 2017 - 2028
- Figure 131:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, REST OF MIDDLE EAST & AFRICA, 2021 VS 2028
- Figure 132:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, KILOGRAM, NORTH AMERICA, 2017 - 2028
- Figure 133:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2017 - 2028
- Figure 134:
- VOLUME SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, NORTH AMERICA, 2016 VS 2022 VS 2028
- Figure 135:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, NORTH AMERICA, 2016 VS 2022 VS 2028
- Figure 136:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, CANADA, 2017 - 2028
- Figure 137:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, CANADA, 2017 - 2028
- Figure 138:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, CANADA, 2021 VS 2028
- Figure 139:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, MEXICO, 2017 - 2028
- Figure 140:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, MEXICO, 2017 - 2028
- Figure 141:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, MEXICO, 2021 VS 2028
- Figure 142:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, UNITED STATES, 2017 - 2028
- Figure 143:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, UNITED STATES, 2017 - 2028
- Figure 144:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2021 VS 2028
- Figure 145:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, REST OF NORTH AMERICA, 2017 - 2028
- Figure 146:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, REST OF NORTH AMERICA, 2017 - 2028
- Figure 147:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, REST OF NORTH AMERICA, 2021 VS 2028
- Figure 148:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, KILOGRAM, SOUTH AMERICA, 2017 - 2028
- Figure 149:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2028
- Figure 150:
- VOLUME SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2016 VS 2022 VS 2028
- Figure 151:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2016 VS 2022 VS 2028
- Figure 152:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, ARGENTINA, 2017 - 2028
- Figure 153:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, ARGENTINA, 2017 - 2028
- Figure 154:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, ARGENTINA, 2021 VS 2028
- Figure 155:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, BRAZIL, 2017 - 2028
- Figure 156:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, BRAZIL, 2017 - 2028
- Figure 157:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, BRAZIL, 2021 VS 2028
- Figure 158:
- VOLUME OF POLYURETHANE ADHESIVES CONSUMED, KILOGRAM, REST OF SOUTH AMERICA, 2017 - 2028
- Figure 159:
- VALUE OF POLYURETHANE ADHESIVES CONSUMED, USD, REST OF SOUTH AMERICA, 2017 - 2028
- Figure 160:
- VALUE SHARE OF POLYURETHANE ADHESIVES CONSUMED BY END USER INDUSTRY, %, REST OF SOUTH AMERICA, 2021 VS 2028
- Figure 161:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2019 - 2021
- Figure 162:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2019 - 2021
- Figure 163:
- REVENUE SHARE OF POLYURETHANE ADHESIVES BY MAJOR PLAYERS, %, GLOBAL, 2021
Polyurethane Adhesives Industry Segmentation
Aerospace, Automotive, Building and Construction, Footwear and Leather, Healthcare, Packaging, Woodworking and Joinery are covered as segments by End User Industry. Hot Melt, Reactive, Solvent-borne, UV Cured Adhesives, Water-borne are covered as segments by Technology. Asia-Pacific, Europe, Middle East & Africa, North America, South America are covered as segments by Region.
- Polyurethane adhesives are widely used in the packaging industry. Polyurethane adhesives are used in food and beverage packaging, container packaging, end-of-line packaging for functional barrier applications, and metal packaging. Additionally, according to a report published by the Association for Packaging and Processing Technologies, growth in the global packaging industry reached USD 42.2 billion in 2021, which increased from USD 36.8 billion in 2016, owing to the increasing population, growing sustainability concerns, more spending power in developing regions, the rising demand for smart packaging, and others.
- Similarly, the building and construction segment occupies the second-highest share in the global polyurethane adhesives market. Polyurethane adhesives offer good cohesion, adhesion and elasticity, high cohesive strength, flexibility, and high elastic modulus of the substrate. According to the United Nations (UN), around 50% of the global population resides in urban cities, which is projected to touch 60% by 2030. The pace of economic and demographic growth must be in harmony with the demand for commercial, residential, and institutional construction activities. By 2030, around 40% of the global population is likely to need housing at the rate of over 96,150 houses per day. Thus, rising construction activities are likely to drive the market for polyurethane adhesives in the upcoming years.
- Polyurethane adhesives are widely used in electronics and electrical equipment manufacturing. The electronics and household appliances industries are expected to record a CAGR of 2.51% and 5.77%, respectively, globally, which will lead to an increase in demand for polyurethane adhesives during the forecast period (2022-2028).
| End User Industry | Aerospace | |
| Automotive | ||
| Building and Construction | ||
| Footwear and Leather | ||
| Healthcare | ||
| Packaging | ||
| Woodworking and Joinery | ||
| Other End-user Industries | ||
| Technology | Hot Melt | |
| Reactive | ||
| Solvent-borne | ||
| UV Cured Adhesives | ||
| Water-borne | ||
| Region | Asia-Pacific | Australia |
| China | ||
| India | ||
| Indonesia | ||
| Japan | ||
| Malaysia | ||
| Singapore | ||
| South Korea | ||
| Thailand | ||
| Rest of Asia-Pacific | ||
| Region | Europe | France |
| Germany | ||
| Italy | ||
| Russia | ||
| Spain | ||
| United Kingdom | ||
| Rest of Europe | ||
| Region | Middle East & Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle East & Africa | ||
| Region | North America | Canada |
| Mexico | ||
| United States | ||
| Rest of North America | ||
| Region | South America | Argentina |
| Brazil | ||
| Rest of South America |
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Market Definition
- End-user Industry - Building & Construction, Packaging, Automotive, Aerospace, Woodworking & Joinery, Footwear & Leather, Healthcare, and Others are the end-user industries considered under the polyurethane adhesives market.
- Product - All polyurethane adhesive products are considered in the market studied
- Resin - Under the scope of the study, thermoset and thermoplastic based polyurethanes are considered
- Technology - For the purpose of this study, Water-borne, Solvent-borne, Reactive, Hot Melt, and UV Cured adhesive technologies are taken into consideration.
| Keyword | Definition |
|---|---|
| Hot-melt Adhesive | Hot melt adhesives are generally 100% solid formulations, based on thermoplastic polymers. They are solid at room temperature and are activated upon heating above their softening point, at which stage they are liquid, and hence, can be processed. |
| Reactive Adhesive | A reactive adhesive is made up of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Solvent-borne Adhesive | Solvent-borne adhesives are mixtures of solvents and thermoplastic, or slightly cross-linked polymers, such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers (elastomers). |
| Water-borne Adhesive | Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent, rather than a volatile organic solvent. |
| UV Cured Adhesive | UV curing adhesives induce curing and create a permanent bond without heating by using ultraviolet (UV) light or other radiation sources. An aggregation of monomers and oligomers is cured or polymerized by ultraviolet (UV) or visible light in a UV adhesive. Because UV is a radiating energy source, UV adhesives are often referred to as radiation curing or rad-cure adhesives. |
| Heat-resistant Adhesive | Heat-resistant Adhesives refer to those that do not break down under high temperatures. One aspect of a complicated system of circumstances is the adhesive's capacity to withstand disintegration brought on by high temperatures. As the temperature rises, adhesives may liquefy. They can withstand stresses resulting from differing coefficients of expansion and contraction, which might be an additional advantage. |
| Reshoring | Reshoring is the practice of moving commodity production and manufacturing back to the nation where the business was founded. Onshoring, inshoring, and back shoring are further terms used. Offshoring, the practice of producing items abroad to lower labor and manufacturing costs, is the opposite of this. |
| Oleochemicals | Oleochemicals are compounds produced from biological oils or fats. They resemble petrochemicals, which are substances made from petroleum. The oleochemical business is built on the hydrolysis of oils or fats. |
| Nonporous Materials | Nonporous materials are substances that do not permit the passage of liquid or air. Nonporous materials are those that are not porous, such as glass, plastic, metal, and varnished wood. Since no air can get through, less airflow is required to raise these materials, negating the requirement for high airflow. |
| EU-Vietnam Free Trade Agreement | A trade agreement and an investment protection agreement were concluded between the European Union and Vietnam on June 30, 2019. |
| VOC content | Compounds with limited solubility in water and high vapor pressure are known as Volatile Organic Compounds (VOCs). Many VOCs are human-made chemicals that are used and produced in the manufacture of paints, pharmaceuticals, and refrigerants. |
| Emulsion Polymerization | Emulsion polymerization is a method of producing polymers or connected groups of smaller chemical chains known as monomers, in a water solution. The method is often used to make water-based paints, adhesives, and varnishes, in which the water stays with the polymer and is marketed as a liquid product. |
| 2025 National Packaging Targets | In 2018, the Australian Environment Ministry set the following 2025 National Packaging Targets: 100% of the packaging must be reusable, recyclable, or compostable by 2025, 70% of plastic packaging must be recycled or composted by 2025, 50% of average recycled content must be included in packaging by 2025, and problematic and unnecessary single-use plastic packaging must be phased out by 2025. |
| Russian Government’s Import Substitution Policy | The Western sanctions suspended the distribution of several high-tech items to Russia, including those required by the raw material export sectors and the military-industrial complex. In response, the government launched an "import substitution" scheme, appointing a special commission to oversee its implementation in early 2015. |
| Paper Substrate | Paper substrates are paper sheets, reels, or boards with a base weight of up to 400 g/m2 that has not been converted, printed or otherwise altered. |
| Insulation Material | A material that inhibits or blocks heat, sound, or electrical transmission is known as Insulation Material. The variety of insulation materials includes thick fibers like fiberglass, rock and slag wool, cellulose, and natural fibers as well as stiff foam boards and sleek foils. |
| Thermal Shock | A temperature change known as thermal shock generates stress in a material. It commonly results in material breakdown and is especially prevalent in brittle materials like ceramics. When there is a quick temperature change, either from hot to cold or vice versa, this process occurs abruptly. It occurs more frequently in materials with poor heat conductivity and insufficient structural integrity. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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