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Polyurethane Injection Resins Market Global Industry Analysis and Forecast (2024-2030) Published by: Pooja, Research Analyst
Market Size & Overview: The global Polyurethane Injection Resins Market was valued at approximately US$1.48 billion in 2023 and is projected to reach around US$2.03 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period from 2024 to 2030. Polyurethane injection resins are specialized materials utilized primarily in the construction industry to address issues such as water leakage, crack repair, and structural reinforcement. Their unique properties, including flexibility across a wide temperature range and high chemical resistance, make them indispensable in various applications, from sealing joints in concrete structures to repairing damaged ceilings..
Market Growth & Opportunities The expansion of the building and construction sector is a significant driver for the polyurethane injection resins market. As infrastructure projects increase globally, there's a heightened demand for effective materials that ensure structural integrity and longevity. Polyurethane injection resins offer solutions for sealing cavities, repairing fissures, and preventing water ingress in civil engineering structures. Additionally, technological advancements in the chemical industry have led to the development of multifunctional resins, opening new avenues for manufacturers to cater to diverse applications. However, challenges such as raw material cost volatility and stringent governmental regulations may pose constraints to market growth. Sample Request
Market Segmentation by Application • Architectural • Industrial • Protective & Marine • Automotive • Packaging • Building & construction • Wood by Formulation • Single resin • Dual resin • Acrylate resin by Type • Flexible • Rigid
Regional Analysis: North America: This region has a mature construction industry with a focus on infrastructure maintenance and renovation. The demand for polyurethane injection resins is driven by the need to repair aging structures and enhance their durability. Europe: With its rich architectural heritage, Europe emphasizes the preservation and restoration of historical buildings. Polyurethane injection resins are extensively used to address structural issues in these edifices, ensuring their longevity while maintaining historical integrity. Asia-Pacific (APAC): Rapid urbanization and industrialization in countries like China and India have led to a surge in construction activities. The burgeoning infrastructure projects in this region present significant opportunities for the application of polyurethane injection resins in new constructions and repairs.
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Merges and Acquisition • 1. Sika AG's Acquisition of MBCC Group In a landmark deal, Sika AG, a global leader in specialty chemicals, announced its intention to acquire MBCC Group, formerly known as BASF Construction Chemicals, for CHF 5.5 billion. • 2. RPM International Inc.'s Acquisition of Adhere Industrial Tapes Ltd. RPM International Inc., a prominent player in specialty coatings and sealants, expanded its reach in the polyurethane injection resins market by acquiring Adhere Industrial Tapes Ltd., a UK-based manufacturer specializing in high-performance tapes and sealing solutions. • 3. Arkema's Acquisition of Ashland's Performance Adhesives Business Arkema, a global specialty chemicals company, acquired Ashland's Performance Adhesives business for approximately $1.65 billion. This acquisition includes a range of high-performance adhesives and resins, notably polyurethane-based products utilized in various industries, including construction. Buy This Report
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