#Polyurethane Prepolymer Market Trend

[pearlsmith25]

Polyurethane Prepolymer Market Growth Catalysts: A Deep Dive into Market Drivers

Polyurethane prepolymer is a versatile polymer that exhibits characteristics like strength, toughness, durability and flexibility, making it widely applicable in various end-use industries. Polyurethane prepolymer enhances structural integrity and insulation properties in applications such as rigid & flexible foams, thermoplastic elastomers, coatings, adhesives & sealants among others. Rapid industrialization and increasing infrastructure development has driven the global demand for high-performance insulating materials in construction, automotive, packaging and other industrial applications.

The global Polyurethane Prepolymer Market is estimated to be valued at US$ 60 billion in 2023 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.

Market Opportunity:

With growing environmental concerns and government regulations promoting energy conservation, demand for green buildings with superior insulation properties has increased significantly. Polyurethane foam products play a vital role in manufacturing highly efficient insulated panels for walls, roofs and other building components. As the construction industry shifts focus towards sustainable design and construction, polyurethane prepolymer market is expected to witness lucrative opportunities owing to its excellent thermal insulation and moisture resistance qualities. Implementation of strict energy efficiency codes in developed economies will further propel the sales of polyurethane foam insulation in residential as well as commercial construction projects over the forecast period.

Porter’s Analysis Threat of new entrants: High capital requirements for manufacturing facilities and distribution channels limit new entrants into the market. Bargaining power of buyers: Large buyers such as automotive and construction industries have significant bargaining power due to the scale of their purchase volumes. Bargaining power of suppliers: Major suppliers have bargaining power due to their specialized raw materials and production know-how. Threat of new substitutes: Few substitute products can match the versatility and technical performance of polyurethane prepolymers. Competitive rivalry: The market is consolidated with top players globally and regionally. Intense competition keeps prices competitive.

SWOT Analysis Strength: Polyurethane prepolymers exhibit high strength, abrasion and impact resistance along with flexibility and durability. They find wide applications from construction to automotive industries. Weakness: Regulatory changes regarding VOC emissions can increase production costs. Dependency on crude oil prices impacts prepolymer costs. Opportunity: Growing construction activity in developing nations drives the market. Usage in new applications like footwear and medical devices present new avenues. Threats: Stringent environmental norms around toxic isocyanates may limit market growth. Economic slowdowns reduce demand from end-use industries.

Key Takeaways The global polyurethane prepolymer market is expected to witness high growth over the forecast period supported by increasing construction spending and automotive production globally.

Regional analysis: Asia Pacific dominates the market currently owing to large volumes demanded by the building & construction and automotive industries in China, India. The region is projected to continue exhibiting highest growth through 2030 with rising infrastructure spending and automobile manufacturing.

Key players: Key players operating in the polyurethane prepolymer market are Dow Chemical, Huntsman, BASF, DIC Corporation, Hexcel, Covestro, Eastman Chemical, RTP Company, Lubrizol Corporation, Rampf Group. Rising applications in footwear, medical devices, adhesives present lucrative opportunities for expansion.

[chemicalsectorupdates]

Impact of COVID-19 on the Polyurethane Prepolymer Market: Strategies for Resilience

Polyurethane Prepolymers: An Essential Raw Material for Manufacturing Industries What are Polyurethane Prepolymers? Polyurethane prepolymers, also known as isocyanate terminated prepolymers, are polyols that have been reacted with diisocyanates but terminated with residual isocyanate groups. They are highly viscous resins synthesized by reacting a polyol such as polyether polyol or polyester polyol with a diisocyanate like MDI or TDI in a 1:1 or 1:2 stoichiometric ratio resulting in an isocyanate functional prepolymer. Applications of Polyurethane Prepolymers Polyurethane prepolymers find wide applications due to their versatile chemical and physical properties. Some key applications include: Coatings - Prepolymers are used as binders, crosslinkers and intermediates in manufacturing coatings for wood, concrete, leather and various industrial applications. Their excellent adhesion, chemical resistance and flexibility makes them ideal for coatings. Adhesives and Sealants - The film forming and adhesive properties of prepolymers are leveraged to produce structural and high-performance adhesives as well as sealants for construction and automotive applications. Elastomers - Prepolymers impart flexibility, elasticity and high strength to elastomers used in hoses, gaskets, rollers and various flexible molded articles. They aid in processability and enhance mechanical properties. Footwear - The mechanical strength and flexibility imparted by prepolymers in polyurethane enables their use in manufacturing shoe soles, heels and sport shoe midsoles providing comfort and durability. Types of Polyurethane Prepolymers Based on the polyol/diisocyanate ratio and reactants used, prepolymers can be categorized as: - MDI based: Formed from reaction of MDI with polyester polyols or polyether polyols. Offer high strength, hardness and chemical resistance. Widely used. - TDI based: React TDI with polyols. Provide flexibility and high elongation. Used in elastomers, sealants and adhesives. - Polyester based: Have good hydrolytic stability and strength. Used in coatings. Manufacturing Process of Polyurethane Prepolymers The manufacturing process involves the following key steps: 1. Reaction of Polyol and Diisocyanate: Polyether polyol or polyester polyol is charged into the reactor and heated to the required temperature. Diisocyanate like MDI or TDI is added slowly with agitation. 2. Controlled Polyaddition Reaction: The exothermic polyaddition reaction between hydroxyl groups of polyol and isocyanate groups proceeds. Process parameters like temperature, catalysts are controlled. 3. Termination Reaction: Once the pre-set NCO index is reached, the prepolymer is terminated by residual isocyanate groups and deactivated by adding catalyst kill. 4. Filtration and Packaging: The viscous prepolymer solution is filtered to remove impurities and filled in drums, IBCs or bulk tankers. Applications determine the suitable type of prepolymer and optimization of process parameters like reaction temperature, reaction time and NCO index yields prepolymers with desired physical and chemical qualities. Strict quality control during manufacturing is vital. Outlook for Polyurethane Prepolymers Market The global polyurethane prepolymers market is forecast to grow at over 5% CAGR through 2030 driven by increasing usage in coatings, adhesives, sealants, thermoplastic polyurethanes and various consumer and industrial applications. Rapid growth of key end use industries like footwear, construction, automotive, packaging and furniture will boost demand. Moreover, continuous product innovation to develop new grades catering to changing industry and regulatory trends along with expansion into emerging markets in Asia Pacific and Middle East regions are factors expected to fuel the prepolymer market in the coming years. However, volatility in raw material prices remain a key challenge. Overall, polyurethane prepolymers market outlook looks positive owing to their excellent performance attributes and versatile usage profile.

[vivekbajaj-grs]

Global and Regional MDI Prepolymers Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027

The global MDI Prepolymers market was valued at 1828.36 Million USD in 2020 and will grow with a CAGR of 3.52% from 2020 to 2027, based on Our Researcher newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

MDI prepolymer is a high molecular polymer formed by the reaction of polyisocyanate and polyether or polyester polyol under certain conditions. The prepolymer of polyurethane is simply a reactive semi-finished product obtained by controlling the reaction of polyisocyanate and polyol in a certain proportion. Due to the variety of polyisocyanates and polyols, the reaction ratios are different.MDI has a high degree of market concentration. The main manufacturers are Wanhua, BASF, Huntsman, Covestro, DOW, etc. Among them, Huntsman is the largest one with the percentage of 19.70% market share in 2019. The following is Wanhua Chemical, accounting for 13.69% market share in 2019.

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By Market Verdors:

Wanhua Chemical

Huntsman

BASF

Covestro

DOW

Tosoh

LANXESS

Coim Group

Isothane

SAPICI

Diafor Company

Epadur

Shandong INOV Polyurethane

Chemline

Makro Chemical

Kobe Polyurethane

By Types:

MDI ( Polyether)

MDI ( Polyester)

By Applications:

Upholstered Furniture

Automotive Products

Engineering Elastomers

Sole Materials

Runway Adhesive

Construction

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

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Learn about the market strategies that are being adopted by leading respective organizations.

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Table of content

Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.4.1 North America Market States and Outlook (2022-2027) 1.4.2 East Asia Market States and Outlook (2022-2027) 1.4.3 Europe Market States and Outlook (2022-2027) 1.4.4 South Asia Market States and Outlook (2022-2027) 1.4.5 Southeast Asia Market States and Outlook (2022-2027) 1.4.6 Middle East Market States and Outlook (2022-2027) 1.4.7 Africa Market States and Outlook (2022-2027) 1.4.8 Oceania Market States and Outlook (2022-2027) 1.4.9 South America Market States and Outlook (2022-2027) 1.5 Global MDI Prepolymers Market Size Analysis from 2022 to 2027 1.5.1 Global MDI Prepolymers Market Size Analysis from 2022 to 2027 by Consumption Volume 1.5.2 Global MDI Prepolymers Market Size Analysis from 2022 to 2027 by Value 1.5.3 Global MDI Prepolymers Price Trends Analysis from 2022 to 2027 1.6 COVID-19 Outbreak: MDI Prepolymers Industry Impact Chapter 2 Global MDI Prepolymers Competition by Types, Applications, and Top Regions and Countries 2.1 Global MDI Prepolymers (Volume and Value) by Type 2.1.1 Global MDI Prepolymers Consumption and Market Share by Type (2016-2021) 2.1.2 Global MDI Prepolymers Revenue and Market Share by Type (2016-2021) 2.2 Global MDI Prepolymers (Volume and Value) by Application 2.2.1 Global MDI Prepolymers Consumption and Market Share by Application (2016

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[researchindustry]

Moisture Curing Adhesives Market is Booming Market to Grow at Healthy CAGR forecast by 2027

Moisture curing adhesives market is expected to reach USD 9.46 billion by 2027 growing at a CAGR of 7.90% in the forecast period of 2020 to 2027. Moisture curing adhesives are viscous adhesives made up of non-volatile prepolymers of urethane that need moisture to cause a healing reaction. Depending on their structure, moisture cure adhesives vary from rigid to flexible.

Single part moisture-curing polyurethane hot melts have been produced in the recent past, incorporating the initial power of hot melts with increased moisture-curing adhesive thermal tolerance. Moisture curing adhesives vary from stiff and strong to elastic and weak based on the product and composition.

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Major Market Competitors/Players: Moisture Curing Adhesives Market

The major players covered in the moisture curing adhesives market report are 3M, Huntsman International LLC, Henkel AG & Co. KGaA, H.B. Fuller Company, Sika AG, Royal Adhesives & Sealants, Dow, Illinois Tool Works Inc., Bostik, Jowat SE, Permabond LLC, Apollo, Pidilite Industries Ltd, Master Bond Inc., Dymax Corporation, Panacol-Elosol GmbH, Tosoh Corporation, Franklin International, Daubert Chemical Company and MAPEI S.p.A among other domestic and global players.

Segmentation: Global Moisture Curing Adhesives Market

·         By Type (Polyurethane, Silicone, Cyanoacrylate, Polyolefin, Others)

·         By Application (Construction, Automotive, Wood Working, Textile, Others)

·         By Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia)

Focus of the report

CAGR values in the market for the     forecast period

Key trends in the market place

Major players and brands

Historical and current market size and     projection up to 2026.

Detailed overview of parent market

Changing market dynamics of the industry

Reasons to Purchase this Report

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period

·         The latest developments, market shares, and strategies that are employed by the major market players

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Key insights in the report:

·         Complete and distinct analysis of the market drivers and restraints

·         Key Market players involved in this industry

·         Detailed analysis of the Market Segmentation

·         Competitive analysis of the key players involved

About Us:

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[marketsresearchdbmr]

Moisture Curing Adhesives Market 2020: Global Industry Exhibits Huge Growth by Top Key Players

Moisture curing adhesives market is expected to reach USD 9.46 billion by 2027 growing at a CAGR of 7.90% in the forecast period of 2020 to 2027. Moisture curing adhesives are viscous adhesives made up of non-volatile prepolymers of urethane that need moisture to cause a healing reaction. Depending on their structure, moisture cure adhesives vary from rigid to flexible.

Major Market Competitors/Players: Moisture Curing Adhesives Market

The major players covered in the moisture curing adhesives market report are 3M, Huntsman International LLC, Henkel AG & Co. KGaA, H.B. Fuller Company, Sika AG, Royal Adhesives & Sealants, Dow, Illinois Tool Works Inc., Bostik, Jowat SE, Permabond LLC, Apollo, Pidilite Industries Ltd, Master Bond Inc., Dymax Corporation, Panacol-Elosol GmbH, Tosoh Corporation, Franklin International, Daubert Chemical Company and MAPEI S.p.A among other domestic and global players.

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Single part moisture-curing polyurethane hot melts have been produced in the recent past, incorporating the initial power of hot melts with increased moisture-curing adhesive thermal tolerance. Moisture curing adhesives vary from stiff and strong to elastic and weak based on the product and composition.

Segmentation: Global Moisture Curing Adhesives Market

·         By Type (Polyurethane, Silicone, Cyanoacrylate, Polyolefin, Others)

·         By Application (Construction, Automotive, Wood Working, Textile, Others)

·         By Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia)

Focus of the report

CAGR values in the market for the     forecast period

Key trends in the market place

Major players and brands

Historical and current market size and     projection up to 2026.

Detailed overview of parent market

Changing market dynamics of the industry

Reasons to Purchase this Report

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period

·         The latest developments, market shares, and strategies that are employed by the major market players

Enquiry About Report @https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-moisture-curing-adhesives-market

Key insights in the report:

·         Complete and distinct analysis of the market drivers and restraints

·         Key Market players involved in this industry

·         Detailed analysis of the Market Segmentation

·         Competitive analysis of the key players involved

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Natural Gas Engine Market

Olefins Market

[ojasdbmr]

Moisture curing adhesives are viscous adhesives made up of non-volatile prepolymers of urethane that need moisture to cause a healing reaction. Depending on their structure, moisture cure adhesives vary from rigid to flexible. Single part moisture-curing polyurethane hot melts have been produced in the recent past, incorporating the initial power of hot melts with increased moisture-curing adhesive thermal tolerance.

[peeterdbmr]

Moisture curing adhesives are viscous adhesives made up of non-volatile prepolymers of urethane that need moisture to cause a healing reaction. Depending on their structure, moisture cure adhesives vary from rigid to flexible. Single part moisture-curing polyurethane hot melts have been produced in the recent past, incorporating the initial power of hot melts with increased moisture-curing adhesive thermal tolerance.

[shruticmi-universe]

EPOXY RESINS PAINTS MARKET ANALYSIS

Epoxy Resins Paints Market - Size, Share, Trends, and Forecast 2019 – 2027

Epoxy resins fall under the category of reactive prepolymers and polymers containing epoxide group. These versatile compounds are used in orthophthalic and polyester family. These are either low molecular weight pre-polymers or high molecular weight polymers. Epoxy resins react with themselves or with other co-reactants such as phenols, acids, alcohols, polyfunctional amines, and thiols. These find applications in paints and coatings, electrical and electronic components, and structural adhesives manufacturing industries.

Market Dynamics

There is increasing demand for epoxy resins in paint and coatings industry, as epoxy-based paints and coatings help in preventing corrosion and rust. This is one of the major factors driving growth of the epoxy resins paints market. According to the CXOs, there is significant growth in demand for epoxy resin in all the regions, owing to its favorable properties and demand in wide area of applications. Also, growth of construction industry due to increase in population and changing lifestyle is expected to drive growth of paints and coating industry, which in turn will increase the demand for epoxy resins in paints.

Moreover, it finds application in aircraft industry, owing to its properties such as corrosion, water, and chemical resistant, superior adhesion, thermal stability, durability, and mechanical strength, which is expected to drive growth of the global epoxy resins paints market over the forecast period.

However, factors such as fluctuating raw material cost and high price of epoxy is expected to restrain growth of the epoxy resins paints market.

Market Outlook

On the basis of region, the global epoxy resins paints market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific holds dominant position in the global epoxy resins paints market, owing to increasing adoption of epoxy resins in several industries in the region. Growing infrastructure and increasing production of automobiles makes it the leading producer and consumer of epoxy. Also, China held dominant position in the Asia Pacific epoxy resins paints market in terms of production and consumption in 2015.

Europe is one among the major consumers of epoxy resins due to increasing demand from various end-use industries. Moreover, in North America, there is gradual increase in the demand for epoxy resins.

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 Key Players

Some of the major players operating in the global epoxy resins paints market include Momentive Performance Materials, Kukdo Chemical, Huntsman Corporation, The Dow Chemical Company, Atul Ltd, Sika AG, Cytec Industries Incorporation, DuPont, 3M, BASF SE, Aditya Birla Chemicals Ltd, NAMA Chemicals, LEUNA-Harze GmbH, and Spolchemie A.S.

Key Developments

Key companies are undertaking various strategic alliances and new product launch in order to remain competitive in the epoxy resins market. For instance, in February 2015, Aditya Birla Chemicals (India), Limited, a leading company in epoxy resins, collaborated with Grasim Industries Limited.

In 2016, BASF expanded its portfolio of UV resins by including five new standard epoxy acrylates to the Laromer EA product line.

In September 2016, Royal DSM established its expanded US$ 5 million research and technology center for DSM Engineering Plastics in the Detroit suburb of Troy, Michigan.

In March 2016, Royal DSM N.V., a leading a life sciences and materials sciences company, launched NeoRez, waterborne and solvent-borne urethane resins that give tough finishing for wooden floors or luxury feel and color enhancement for printed packaging and SoluCote, formulated waterborne polyurethane resins for functional textiles.

In August 2018, BASF and Gustav Grolman GmbH & Co. KG strengthened their exclusive collaboration in Europe, under which Grolman will expand the marketing of the BASF specialty chemicals under the Baxxodur brand to France, Norway, Sweden, Finland and Denmark, specifically for use in epoxy resin based applications.

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[factmrresearch1]

REACTIVE SPECIALTY ADHESIVES MARKET

The global reactive specialty adhesives market size is expected to witness considerable growth in the next few years, and witness significant CAGR over the forecast period (2019 - 2027).

Market Overview

Reactive specialty adhesives, which are adhesives used for commercial purposes, are classified into four sub types, namely water borne, solvent borne, radiation adhesives, and others. Some of the raw materials, on the basis of which reactive specialty adhesives are produced, are melamine formaldehyde, styrene butadiene rubber, and polyvinyl alcohol among others. Reactive specialty adhesives have primary application in the automotive industry for glazing, roof lining, sheet molding, and seat units bonding.

Market Dynamics

Reactive specialty adhesives are majorly used for fastening a variety of materials in the automotive industry, such as steel and aluminum. The most frequently used reactive adhesives are polyurethanes and modified acrylics in assembling vehicles. Among other applications, reactive specialty adhesives can be used for adhesion of gear knobs, insignias, and anchor plates. Compared to conventional bonding techniques, adhesion leads to significant weight reduction of a vehicle, enhances safety and crash performance, escalates body stiffness, and strengthens noise, vibration, and harshness (NVH) characteristics of a vehicle. As a result of these advantages, manufacturers are investing in research and development activities in order to introduce more cost effective and performance improving innovations. Such factors are expected to drive growth of the global reactive specialty market in the near future.

Additionally, as a result of a wide application in the winds turbines industries, the global reactive specialty segment is expected to witness significant growth over the forecast period. Key benefits of specialty adhesives in the manufacture of wind turbines is corrosion protection, reduced assembling time, and decreased weight. However, prolonged exposure to heat and sunlight may deteriorate the adhesive, or solvents can weaken it and result into separation of two surfaces. Such factors can hamper demand for specialty adhesives in the coming years.

Market Outlook

The Asia Pacific region is leading the demand for reactive specialty adhesives, and is expected to remain dominant during the forecast period. Countries such as China and India are generating the highest market share owing to a large consumer base and high number of export activities. Increasing gross domestic product and disposable income in emerging economies has resulted in growth of end user industries in the Asia Pacific region. Europe is estimated to emerge as the second largest market for reactive specialty adhesives, however the trend may be overshadowed by increasing demand from markets in the Middle East and Asia Pacific. Furthermore, regulations implemented by environmental agencies in Europe and North America are likely to hinder market growth in these regions. Key players are focusing on expanding their footprint to untapped markets, which is expected to result in higher growth opportunities in regions such as Africa and South America.

Key Players

Some of the prominent companies active in the global reactive specialty market include Henkel AG & Company, Bayer MaterialScience, The Dow Chemical Company, and 3M among others.

Key Developments

·         In September 2019, Lanxess developed a low free (LF) isocyanate urethane system for sealants, adhesives and one-component foams. The new system will enhance the manufacturing of reactive adhesives with isocyanate prepolymer technology. New innovations in the reactive adhesives will enhance the performance as well as sales of specialty reactive adhesives.

·         In June 2019, Henkel AG – a global leader in adhesives formulations, opened a new adhesives facility, especially for the aerospace application in Montornès del Vallès, Spain. The total investment of the project is around US$ 39 million and will cater to key development areas of aerospace engineering such as automation, light weighting and fuel efficiency.

·         In September 2019, Bostik (subsidiary of Arkema) and Nitta Corporation formed a Joint venture and inaugurated a new adhesives plant in Nara, Japan. The new adhesives plant will provide adhesive solutions for non-woven, hygiene and industrial applications.

·         In November 2019, Henkel AG, officially started the construction of a new plant in South Korea, catering to the electronics manufacturing sector. The plant will provide adhesives, sealants and thermal technologies for the electronics industry in South Korea.

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[pearlsmith25]

The Global Polyurethane Prepolymer Market: A Regional Analysis of Market Forces

Polyurethane prepolymer is a versatile polymer that exhibits characteristics like strength, toughness, durability and flexibility, making it widely applicable in various end-use industries. Polyurethane prepolymer enhances structural integrity and insulation properties in applications such as rigid & flexible foams, thermoplastic elastomers, coatings, adhesives & sealants among others. Rapid industrialization and increasing infrastructure development has driven the global demand for high-performance insulating materials in construction, automotive, packaging and other industrial applications.

The global Polyurethane Prepolymer Market is estimated to be valued at US$ 60 billion in 2023 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.

Market Opportunity: Rising Demand for Energy Efficient Buildings

With growing environmental concerns and government regulations promoting energy conservation, demand for green buildings with superior insulation properties has increased significantly. Polyurethane foam products play a vital role in manufacturing highly efficient insulated panels for walls, roofs and other building components. As the construction industry shifts focus towards sustainable design and construction, polyurethane prepolymer market is expected to witness lucrative opportunities owing to its excellent thermal insulation and moisture resistance qualities. Implementation of strict energy efficiency codes in developed economies will further propel the sales of polyurethane foam insulation in residential as well as commercial construction projects over the forecast period.

Porter’s Analysis Threat of new entrants: High capital requirements for manufacturing facilities and distribution channels limit new entrants into the market. Bargaining power of buyers: Large buyers such as automotive and construction industries have significant bargaining power due to the scale of their purchase volumes. Bargaining power of suppliers: Major suppliers have bargaining power due to their specialized raw materials and production know-how. Threat of new substitutes: Few substitute products can match the versatility and technical performance of polyurethane prepolymers. Competitive rivalry: The market is consolidated with top players globally and regionally. Intense competition keeps prices competitive.

SWOT Analysis Strength: Polyurethane prepolymers exhibit high strength, abrasion and impact resistance along with flexibility and durability. They find wide applications from construction to automotive industries. Weakness: Regulatory changes regarding VOC emissions can increase production costs. Dependency on crude oil prices impacts prepolymer costs. Opportunity: Growing construction activity in developing nations drives the market. Usage in new applications like footwear and medical devices present new avenues. Threats: Stringent environmental norms around toxic isocyanates may limit market growth. Economic slowdowns reduce demand from end-use industries.

Key Takeaways The global polyurethane prepolymer market is expected to witness high growth over the forecast period supported by increasing construction spending and automotive production globally.

Regional analysis: Asia Pacific dominates the market currently owing to large volumes demanded by the building & construction and automotive industries in China, India. The region is projected to continue exhibiting highest growth through 2030 with rising infrastructure spending and automobile manufacturing.

Key players: Key players operating in the polyurethane prepolymer market are Dow Chemical, Huntsman, BASF, DIC Corporation, Hexcel, Covestro, Eastman Chemical, RTP Company, Lubrizol Corporation, Rampf Group. Rising applications in footwear, medical devices, adhesives present lucrative opportunities for expansion.

[pagrawal11]

Methylene Diphenyl Diisocyanate (MDI) Market Trend, Form, Application, Trade Analysis, Key Players and Segmentation

Market Synopsis: Methylene diphenyl diisocyanate is mainly used in the production of polyurethane foam. Increasing demand for polyurethane foam in industries including construction, HVAC, automotive, and electrical & electronics is expected to drive the growth of the global methylene diphenyl diisocyanate market. The construction industry is the major revenue-generating segment for the global methylene diphenyl diisocyanate market.

The prices of polymeric MDI declined in 2018 due to oversupply while that of pure MDI increased due to the growth in the demand for pure MDI worldwide. The total quantity of MDI exported in its primary form increased by around 1.9% and that of MDI imports increased by around 23%. The use of MDI is subject to various environmental regulations such as the US Environmental Protection Agency (EPA), and the European Chemical Agency (ECHA).

Global Methylene Diphenyl Diisocyanate Market Trend is expected to grow at over 5% CAGR by the end of 2025.

 By Form: The methylene diphenyl diisocyanate market can primarily be categorized into pure MDI, polymeric MDI, and modified MDI.

Pure     MDI—Pure MDI is a blend of 4,4 and 2,4 isomers of MDI of which 4,4 MDI     accounts for 98%. Pure MDI is used in the production of prepolymers for     cast polyurethane applications such as wheels & rollers and mechanical     goods; TPU elastomers; and spandex fibers.

Polymeric     MDI—Polymeric MDI (PMDI) is a mixture of monomeric and polyaromatic     methylene diphenyl diisocyanate. Polymeric MDI is also known as crude MDI.     It is commonly used in the manufacturing rigid and flexible polyurethane     foam for various applications including construction panels, spray heat     insulation, refrigerators, and car interiors. PMDI is also used as a     binder in the woodworking industry.

Modified     MDI—Modified MDI is obtained by catalyzing from monomeric MDI. Modified     MDI includes prepolymers and blends derived from DMI. Modified MDI can be     combined with long-chain polyethers, polyesters, or other polyols to     produce products and materials including adhesives, sealants, and     thermoplastic polymers for extrusion and injection molding applications.

By Application: The methylene diphenyl diisocyanate market has been segmented into rigid foam; flexible foam; coatings, adhesives, sealants, & elastomers; and others.

Rigid     Foam—Rigid foam segment accounted for the largest share of the global     methylene diphenyl diisocyanate market in 2018 and is expected to register     significant growth during the review period on account of widespread use     in the construction industry. Rigid foam being an effective insulation     material finds use in numerous applications such as roof, wall, windows,     doors, and air barrier sealants.

Flexible     Foam—Flexible foam is used to make cushions for a broad range of products     including bedding, furniture, automotive interiors, carpet underlay, and     packaging owing to its superior features such as lightweight, durability,     and comfortability.

Coatings,     Adhesives, Sealants, and Elastomers, CASE—Polyurethane coatings are being     widely preferred in end-use industries as they enhance the product     appearance and provide improved durability. Polyurethane adhesives are known     for their strong bonding properties, while sealants for providing tighter     seals. Polyurethane elastomers provide superior stress recovery and     resistance to environmental factors.

Others—The     others segment includes footwear; semi-rigid and polyisocyanurate &     thermoset foams.

By End-Use Industry: The global methylene diphenyl diisocyanate market has been segmented into building & construction, automotive, electrical & electronics, packaging, furnishing & interiors, and footwear.

Building     & Construction—The segment accounted for the largest share of the     global methylene diphenyl diisocyanate market in 2018 and is expected to     grow at a significant CAGR during the review period. The growth can be     attributed to rising demand for energy-efficient construction materials     coupled with increased spending on the renovation of buildings to build     modern architecture. Polyurethane foam is used extensively in the building     and construction industry to insulate roof underlays, exterior walls,     floorings, interior wall cavities, attics, crawlspaces, door frames, and     window frames, among others

Automotive—Polyurethane     finds use in various automobile interiors such as seats, armrests, and     headrests for their both cushioning and insulation purpose. The growing     demand for energy-efficient vehicles to reduce environmental emissions is     likely to result in increased automotive production and thus, surge the     demand for polyurethanes and MDI.

Electrical     & Electronics—Polyurethanes are used in the electronics industry for     encapsulation, sealing, insulation of underwater cables, microelectronic     components, and printed circuit boards. The increased spending on consumer     electronics is expected to drive the growth of the electrical &     electronics industry and thus, the polyurethanes market.

Packaging—Polyurathane     is being widely preferred in the packaging of various products such as     electronics, medical diagnostic equipment, delicate glassware, and large     industrial parts to protect the products against damage in transit as it     provides the form-fitting cushioning properties and is cost-effective.

Furnishing     and Interiors—The widespread use of polyurethane foam in furnishing     applications due to its superior properties such as softness, durability,     and its ability to maintain the shape is driving the growth of     polyurethane market and thus, MDI.

Footwear—Increased     spending on sports shoes with growing enthusiasm for running and other     sports activities to remain physically fit coupled with increasing health     consciousness and changing lifestyles have resulted in increased demand     for polyurethane foam and thus, MDI.

 Key Players

Tosoh     Corporation (Millionate), (Japan)

Hexion (US)

Huntsman     International LLC (Rubinate), (US)

BASF SE     (Germany)

Redox Pty     Ltd (Australia)

Wanhua     Chemical Group Co., Ltd (China)

TCI     Chemicals Pvt. Ltd (India)

Merck     KGaA (Germany)

KUMHO MITSUI     CHEMICALS CORP (South Korea)

DHALOP     CHEMICALS (India)

Dow     (Isonate) (US)

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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Reactive Hot Melt Adhesives Market by Resin Type (Polyurethane, Polyolefin), By Substrate (Plastic, Wood), Application (Automotive & Transportation, Doors & Windows, Furniture & upholstery, Lamination, Textile), and Region - Global Forecast to 2025 published on

https://www.sandlerresearch.org/reactive-hot-melt-adhesives-market-by-resin-type-polyurethane-polyolefin-by-substrate-plastic-wood-application-automotive-transportation-doors-windows-furniture-upholstery-lamination.html

Reactive Hot Melt Adhesives Market by Resin Type (Polyurethane, Polyolefin), By Substrate (Plastic, Wood), Application (Automotive & Transportation, Doors & Windows, Furniture & upholstery, Lamination, Textile), and Region - Global Forecast to 2025

“The reactive hot melt adhesives market is projected to register a CAGR of 8.3% between 2020 and 2025.”

The reactive hot melt adhesives market is projected to grow from USD 1.2 Billion in 2020 to USD 1.8 Billion by 2025, at a CAGR of 8.3% between 2020 and 2025. Growth of major end-use industries of reactive hot melt adhesives,and superior properties than conventional adhesives are the major market drivers.

“Polyurethane segment is estimated to be the largest segment of the reactive hot melt adhesives market.”

Polyurethane resin is estimated to be the largest among the reactive hot melt adhesives market, in terms of value, between 2020 and 2025. PU-based reactive hot melt adhesives consist of isocyanate-terminated prepolymer, which cures when reacted with moisture in the air or active hydrogen group of base material. These reactive adhesives are 100% solid at room temperature, and have no VOC content. They have the ability to withstand temperature ranging from -40°F to +200°F. These adhesives can be produced with open time varying from 10 seconds to 10 minutes to match the requirement of applications.

“Plastic segment is estimated to be the largest segment of the reactive hot melt adhesives market.”

Plastics are uniquely suited for use in the automotive and transportation industries. Components and structural parts that are constructed from plastics exhibit continued high-performance levels in conditions that are unsuitable for metals. Automotive components, such as seat backs, rear spoilers, instrumentation panels, and food handling equipment, are made from plastics. Growing demand from the automotive industry is likely to boost the demand for plastic substrates in reactive hot melt adhesives.

“APAC is the forecasted to be the fastest-growing reactive hot melt adhesives market during the forecast period.”

APAC is the forecasted to be the fastest-growing reactive hot melt adhesives market during the forecast period.The region encompasses countries with different levels of economic development. The market growth in the region is mainly attributed to use of reactive hot melt adhesives in various industries, such as automotive, woodworking, and construction.The rising trade war tension between the US and China and low labor costs in APAC have forced various end users of adhesives to relocate and establish their manufacturing base in the region. This relocation is expected to increase the demand for adhesives in APAC. India offers low-cost labor, which can provide significant investment opportunities for companies. Government initiatives, such as Make in India and proposed scheme on entrepreneurship development, may open up additional opportunities in the industrial and infrastructure segments. All these factors are expected to drive the reactive hot melt adhesives market in APAC.

Extensive primary interviews have been conducted,and information has been gathered from secondary research to determine and verify the market size of several segments and sub-segments.

Breakdown of Primary Interviews:

By Company Type: Tier 1 – 18%, Tier 2 – 36%, and Tier 3 – 46%

By Designation: C Level – 18%, D Level – 27%, and Others – 55%

By Region: APAC – 55%, North America – 18%, Europe – 9%, South America- 9%,and the Middle East & Africa– 9%

The key companies profiled in this report are Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), 3M Company (US), and Jowat SE (Germany).

Research Coverage:

The reactive hot melt adhesives market has been segmented based on resin type (polyurethanes, polyolefins), substrate (plastic, wood), application (automotive & transportation, doors & windows, furniture & upholstery, lamination, textile, assembly), and region (APAC, Europe, North America, Middle East &Africa, and South America). The end-use industry segments are further analyzed for each country in the respective regions.

Reasons to Buy the Report

From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on reactive hot melt adhesives offered by top players in the market

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market

Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for reactive hot melt adhesives across regions

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market.

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Thermoset Resins Market Study by Price, Revenue and Gross Margin Analysis by 2028

28th January 2020 – Global Thermoset Resins Market is projected to grow considerably in the forthcoming years owing to the increased demand for fuel-efficient automobiles. Thermoset resins are the prepolymers in vicious or soft state. They can permanently change to insoluble, infusible polymer by curing process. Thermoset resins offer better strength in comparison to thermoplastic materials due to 3D network of bonds. They are highly compatible with applications from extreme temperature to the decomposition temperature.

The growth of thermoset resins market is driven by factors like speedy urbanization, increasing economic growth in various developing economies, increased applications in fabrication of products from end use sectors like automotive, wind energy, aerospace, construction, electronics, and sporting goods, and various advantages offered by thermoset resins. However, environmental concerns caused due to thermoset resins is hampering the market. Thermoset resins cannot be recycled, re-processed, or decomposed naturally, which ultimately affects the environment.

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The major trends observed in the thermoset resins market include increase in the demand for BMC and SMC structural-thermoset resin composites, high demand for enhanced high-performing composites from automobile sector and growing cost-effective alternatives.

The market is categorized on the basis of product type, process type, resin type, application, and geography. On the basis of product type, market is divided into polyurethane resin, phenol-formaldehyde resin, polyester resin, vinyl ester resin, urea-formaldehyde resin, epoxy resin, and other.

Based on process type, thermoset resins market is divided into filament winding, hand lay-up/spray up, pultrusion, injection moulding, compression moulding, prepreg lay-up, resin infusion, and others. Hand lay-up/spray up segment is expected to lead the market due to increase in its application in several industries.

Key Vendors:

• AkzoNobel

• DSM

• Dow Chemical Company

• DuPont

• AEP Industries

• Evonik

• American Packaging Corporation

• Teijin Chemicals

• Cridel

• Saudi Kayan Petrochemical

• North American Pipe Corporation

• Shell Oil Company

• Hexion

• Reliance Industries

• National Petrochemical Company (NPC)

Market split by Type, can be divided into:

• Polyester Resin

• Phenol-Formaldehyde Resin

• Polyurethane Resin

• Urea-Formaldehyde Resin

• Epoxy Resin

• Vinyl Ester Resin

Epoxy segment is expected to hold larger share of the market owing to increased applications, such as adhesives & composite materials, fiberglass reinforcements, and coatings.

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Market split by Application, can be divided into:

• Automotive

• Construction

• Consumer Goods

• Electronics/Electrical

• Others

Electronics and electrical industry is expected to hold a larger share of the market owing to the varied characteristics of thermoset resins, such as dielectric, light-weight, high-impact, and high-temperature resistant. Moreover, construction segment is also expected to lead the market due to increasing use of thermoset resins in construction composites.

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Moisture Curing Adhesives Market Research Report with Outlook, Strategies, Challenges, Geography Trends

Moisture curing adhesives market is expected to reach USD 9.46 billion by 2027 growing at a CAGR of 7.90% in the forecast period of 2020 to 2027. Moisture curing adhesives are viscous adhesives made up of non-volatile prepolymers of urethane that need moisture to cause a healing reaction. Depending on their structure, moisture cure adhesives vary from rigid to flexible.

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Major Market Competitors/Players: Moisture Curing Adhesives Market

The major players covered in the moisture curing adhesives market report are 3M, Huntsman International LLC, Henkel AG & Co. KGaA, H.B. Fuller Company, Sika AG, Royal Adhesives & Sealants, Dow, Illinois Tool Works Inc., Bostik, Jowat SE, Permabond LLC, Apollo, Pidilite Industries Ltd, Master Bond Inc., Dymax Corporation, Panacol-Elosol GmbH, Tosoh Corporation, Franklin International, Daubert Chemical Company and MAPEI S.p.A among other domestic and global players.

Single part moisture-curing polyurethane hot melts have been produced in the recent past, incorporating the initial power of hot melts with increased moisture-curing adhesive thermal tolerance. Moisture curing adhesives vary from stiff and strong to elastic and weak based on the product and composition.

Segmentation: Global Moisture Curing Adhesives Market

·         By Type (Polyurethane, Silicone, Cyanoacrylate, Polyolefin, Others)

·         By Application (Construction, Automotive, Wood Working, Textile, Others)

·         By Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia)

Focus of the report

CAGR values in the market for the     forecast period

Key trends in the market place

Major players and brands

Historical and current market size and     projection up to 2026.

Detailed overview of parent market

Changing market dynamics of the industry

Reasons to Purchase this Report

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period

·         The latest developments, market shares, and strategies that are employed by the major market players

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Key insights in the report:

·         Complete and distinct analysis of the market drivers and restraints

·         Key Market players involved in this industry

·         Detailed analysis of the Market Segmentation

·         Competitive analysis of the key players involved

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