PU-based Reactive Hot Melt Adhesives Market Key Highlights:
Market Size (2023): USD 751 Million
Projected Market Size (2034): USD 1,681 Million
CAGR (2023-2034): 7.6%
Pricing Analysis:
Price Growth
Regional Variations
Volume Analysis:
2023 to 2034 Volume
Import-Export Data
Major Importers
Major Exporters
Market Historic Sales
Total sales volume, year-over-year growth, product categories, and market share.
PU-based Reactive Hot Melt Adhesives Market Definition
PU-based reactive hot melt adhesives are highly viscous or solid prepolymers with a low melting point that cures to a thermosetting material. They mitigate several of the performance problems associated with conventional hot melt adhesives, which are usually solventless, making them better for the environment. PU-based reactive hot melt adhesives are widely utilized in cabinetry, furniture-making, construction, and product assembly industries.
Structure
The PU-based reactive hot melt adhesives market is segmented by type into high-temperature and low-temperature. By application, the market is segmented into packaging, automotive, furniture, textile, electronics, and others. The prominent players in the market include Henkel AG & Co. KGaA, H. B. Fuller Company, Bostik, 3M, The Jowat Group, Sika, Tex Year Industries, Taiwan PU Corporation, W. Adhesive, Cattie Adhesives, NANPAO, Tianyang, Zhejiang Jianyang High Polymer Material and Purking.
Additional Information
The PU-based reactive hot melt adhesives market is experiencing significant growth due to their environmental advantages and product benefits. These adhesives solidify when moisture in the air is present to form a firm bond that does not re-melt. They tolerate the widest temperature range, are easy to use, and are free of solvents and volatile organic compounds. However, a longer curing time compared to other types of adhesives restricts growth in the market. Technological and material advancements are leading to several product innovations, creating several opportunities in the industry.
PU-based Reactive Hot Melt Adhesives Market Segmentation:
By Type
High Temperature
Low Temperature
By Application
Packaging
Automotive
Furniture
Textile
Electronics
Others
PU-based Reactive Hot Melt Adhesives Market Companies