POLYURETHANE ADHESIVES MARKET ANALYSIS

Polyurethane Adhesives MarketSize and Trends

Polyurethane Adhesives Market Outlook – Modern Infrastructural needs to be the Major Market Driver

Asia Pacific and North America are expected to be the most potential markets for polyurethane adhesives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is owing to the constantly growing construction industry in developing countries such as India and China. According to India Brand Equity Foundation (IBEF)—a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian construction industry is expected to be pegged at US$ 5 billion by 2020. Various government schemes and foreign investments have augmented growth of polyurethane adhesives market in the region. Growing infrastructural needs in India has attracted various investors such as Silver Spring Capital Management, Altico Capital, The Construction Industry Development Board of Malaysia, and among others.