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The North America PUR hot melt adhesives market is projected to grow at a CAGR of 6.10% between 2024 and 2032.
According to the North America PUR hot melt adhesives market analysis, polyurethane (PUR) hot melt adhesives are more effective in obtaining immediate tack, such as in bookbinding applications where traditional animal glues are not very effective. These adhesives possess superior flexibility and can withstand a wide range of temperatures. Manufacturers are constantly investing in research to develop high-quality PUR hot melt adhesives with low to no volatile organic compounds (VOCs).
Moisture-reactive PUR hot melt adhesives are deployed in car bodies and vehicle applications as they are characterised by high strength, weather resistance, flexibility, and irreversible properties. PUR hot melt adhesives are used to glue lamps, electronic equipment, automotive filtration, automotive carpets, seating, and interiors. In May 2023, Nova Bus, a Montréal-based manufacturer of electric buses, received an order to deliver 1,299 transit buses to municipalities in Québec.
PUR adhesives provide a strong bond during electronic assembly. These adhesives are ideal for electrical interconnects and thermal and structural bonding applications, enhancing the reliability of electronic components. The rising domestic production of electronic components and equipment, such as semiconductors, medical devices, and communications equipment aids the North America PUR hot melt adhesives market growth.
North America PUR Hot Melt Adhesives Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments.
Market Breakup by Application
Market Breakup by Country
The key players in the PUR hot melt adhesives market in North America are producing high-quality PUR hot melt adhesives products to meet the demanding applications of end-use markets.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global PUR Hot Melt Adhesives Market Overview
8.1 Key Industry Highlights
8.2 Global PUR Hot Melt Adhesives Historical Market (2018-2023)
8.3 Global PUR Hot Melt Adhesives Market Forecast (2024-2032)
8.4 Global PUR Hot Melt Adhesives Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America PUR Hot Melt Adhesives Market Overview
9.1 Key Industry Highlights
9.2 North America PUR Hot Melt Adhesives Historical Market (2018-2023)
9.3 North America PUR Hot Melt Adhesives Market Forecast (2024-2032)
10 North America PUR Hot Melt Adhesives Market by Application
10.1 Paper, Board, and Packaging
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Healthcare
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Automotive
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Furniture (Woodworking)
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Footwear
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Textiles
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Electrical and Electronics
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Bookbinding
10.8.1 Historical Trend (2018-2023)
10.8.2 Forecast Trend (2024-2032)
10.9 Others
11 North America PUR Hot Melt Adhesives Market by Country
11.1 United States of America
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Canada
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 3M Company
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Arkema
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Jowat SE
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Bühnen GmbH & Co. KG
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Daubert Chemical Company
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Franklin International
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 H.B. Fuller Company
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Henkel Corporation
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Sika AG
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global PUR Hot Melt Adhesives Market: Key Industry Highlights, 2018 and 2032
2. North America PUR Hot Melt Adhesives Market: Key Industry Highlights, 2018 and 2032
3. North America PUR Hot Melt Adhesives Historical Market: Breakup by Application (USD Million), 2018-2023
4. North America PUR Hot Melt Adhesives Market Forecast: Breakup by Application (USD Million), 2024-2032
5. North America PUR Hot Melt Adhesives Historical Market: Breakup by Country (USD Million), 2018-2023
6. North America PUR Hot Melt Adhesives Market Forecast: Breakup by Country (USD Million), 2024-2032
7. North America PUR Hot Melt Adhesives Market Structure
The market is expected to grow at a CAGR of 6.10% between 2024 and 2032.
PUR hot melt adhesives are adhesives that are heated and dispensed from a cartridge, unlike traditional hot melt which is in pellet or stick form.
Hot-melt adhesives find use in bonding a range of substrates from cardboard, leather, and wood to ceramics, metal, glass, plastic, and foam.
The major drivers of the market include the presence of global automotive manufacturers, a wide application of adhesives, and advancement in PUR hot melt adhesive technology and applications.
Key trends aiding market expansion include rising domestic automotive and electronics manufacturing, demand for strong adhesives from the end-use markets, and demand for low-VOC adhesives.
Major countries in the market are the United States of America and Canada.
The applications of PUR hot melt adhesives are paper, board, and packaging, healthcare, automotive, furniture (woodworking), footwear, textiles, electrical and electronics, bookbinding, and others.
Key players in the market are 3M Company, Arkema, Jowat SE, Bühnen GmbH & Co. KG, Daubert Chemical Company, Franklin International, H.B. Fuller Company, Henkel Corporation, Sika AG, and others.
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