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  • Algeria

    Algeria faces hurdles in sourcing milk from Uganda – Pulse Uganda

    Algeria Embarks on a New Era of Technological Sovereignty: Inauguration of the First National Electronic Chip Laboratory – دزاير توب

    Algeria Expelled Record of 31,404 Migrants to Niger in 2024 Amid Global Uproar – Morocco World News

    Algeria set to issue Sukuk for project finance – ZAWYA

    Strained Relations: France and Algeria’s Diplomatic Woes – Qhubo

    Algeria Cuts Taxes, Introduces Exemptions to Spur Digital Innovation – We Are Tech

  • Egypt

    Egypt Embraces Technology to Modernize Governance and Citizen Engagement – Tech in Africa

    Egypt: Beltone Investment Banking advises on $180mln financing deal for MAFI – ZAWYA

    Rambo’s Story: A Window into Animal Dignity and Suffering in Egypt – Egyptian Streets

    Swiss logistics giant MEDLOG to build new state-of-the-art dry port in Egypt – Economy – Business – Ahram Online

    Explainer: Towards a cashless future! Exploring e-wallets in Egypt – Tech – Business – Ahram Online

    Egypt’s net foreign assets decline by $3.25bn in November – Gulf Business

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  • Libya

    Libya Exhibition for Energy, Electricity and Lighting Technologies – The Libya Observer

    Libya has around 124,000 Point of Sales machines – needs 200 to 250,000 to solve its liquidity problem: Former senior banker – Libya Herald

    Libya's oil ambitions face Russian threat amid production boost – MSN

    Russia is shifting military gear from Syria to Libya after the fall of Assad, Ukraine says – Business Insider

    France’s Alpha-Cim and FB Technology‎ make a presentation to the Airports Authority – Libya Herald

    Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits – change of CEO – Libya Herald

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    • Morocco

      We work remotely, so we moved from the US to Morocco. We plan to stay for years. – Business Insider

      Morocco shares higher at close of trade; Moroccan All Shares up 0.23% – Investing.com UK

      Morocco Jails Activist Over Earthquake Response Remarks – News Central

      Blockchain Technology Providers: Catalysts for Supply Chain Innovation in Emerging Markets – Morocco World News

      Spain and Morocco advance new trade framework for Ceuta and Melilla amid local opposition – FreshPlaza.com

      Moroccan Treasury Raises 700 Million USD in Strong January 2025 Auction – Morocco World News

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      • South Sudan

        Royal Palace Hotel rooftop solar, South Sudan – ESI-Africa.com

        Sudan Lifts Force Majeure on South Sudan's Oil Exports – MarketWatch

        Turkish aid agency TIKA delivers food aid to 250 children at South Sudan orphanage – Türkiye Today

        Sudan drops out of hunger-monitor system on eve of famine report – Arab News

        China donates nearly 1,000 tonnes of emergency food to support vulnerable people in South Sudan – China.org.cn

        Arab League hopes for immediate halt to fighting in Sudan – China.org.cn

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        • Sudan

          French military tech found in Sudan, likely violating U.N. arms embargo – Sudan Tribune

          Sudan – Manufacturing, Textiles, Oil – Britannica

          South Sudan to Resume Oil Production Following Year-long Halt – Africa.com

          South Sudan under pressure to disclose oil production deals – The East African

          French military technology used in Sudan war despite UN arms embargo: Amnesty – News.Az

          KUNA : Sudan's banknote replacement triggers off economic challenges – Economics – 06/01/2025 – Kuwait News Agency

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          • Tunisia

            China's Huawei supports Tunisia's smart education – People's Daily

            List of Banks in Tunisia – Global Banking And Finance Review

            Tunisia's ODC tenders for 75,000 tonnes of feed barley for Feb-Mar – AgriCensus

            Tunisia: 2nd mission to Senegal’s construction and infrastructure fair SENCON – African Manager EN

            Tunisia has potential to export green technologies – ZAWYA

            Tunisia: African Development Bank grants a loan of over €80 million to upgrade road infrastructure in seven of the country’s governorates – African Development Bank

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            • North Africa
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              As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

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              ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

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              African Health Authorities and Industry Leaders Unite to Discuss Pharma Regulations and Innovations

              خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

              خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

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              • Middle east
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                تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

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                • Press releases

                  EV Charging Station Market Surges with Infrastructure Boom | Market Size to Reach USD 316.9 Billion by 2032 with 32.97% CAGR

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                  • Algeria

                    Algeria faces hurdles in sourcing milk from Uganda – Pulse Uganda

                    Algeria Embarks on a New Era of Technological Sovereignty: Inauguration of the First National Electronic Chip Laboratory – دزاير توب

                    Algeria Expelled Record of 31,404 Migrants to Niger in 2024 Amid Global Uproar – Morocco World News

                    Algeria set to issue Sukuk for project finance – ZAWYA

                    Strained Relations: France and Algeria’s Diplomatic Woes – Qhubo

                    Algeria Cuts Taxes, Introduces Exemptions to Spur Digital Innovation – We Are Tech

                  • Egypt

                    Egypt Embraces Technology to Modernize Governance and Citizen Engagement – Tech in Africa

                    Egypt: Beltone Investment Banking advises on $180mln financing deal for MAFI – ZAWYA

                    Rambo’s Story: A Window into Animal Dignity and Suffering in Egypt – Egyptian Streets

                    Swiss logistics giant MEDLOG to build new state-of-the-art dry port in Egypt – Economy – Business – Ahram Online

                    Explainer: Towards a cashless future! Exploring e-wallets in Egypt – Tech – Business – Ahram Online

                    Egypt’s net foreign assets decline by $3.25bn in November – Gulf Business

                    Trending Tags

                    • Commentary
                    • Featured
                    • Event
                    • Editorial
                  • Libya

                    Libya Exhibition for Energy, Electricity and Lighting Technologies – The Libya Observer

                    Libya has around 124,000 Point of Sales machines – needs 200 to 250,000 to solve its liquidity problem: Former senior banker – Libya Herald

                    Libya's oil ambitions face Russian threat amid production boost – MSN

                    Russia is shifting military gear from Syria to Libya after the fall of Assad, Ukraine says – Business Insider

                    France’s Alpha-Cim and FB Technology‎ make a presentation to the Airports Authority – Libya Herald

                    Libyan Foreign Bank announces preliminary 2024 Year-End Results showing US$ 440 million net profits – change of CEO – Libya Herald

                    Trending Tags

                    • Morocco

                      We work remotely, so we moved from the US to Morocco. We plan to stay for years. – Business Insider

                      Morocco shares higher at close of trade; Moroccan All Shares up 0.23% – Investing.com UK

                      Morocco Jails Activist Over Earthquake Response Remarks – News Central

                      Blockchain Technology Providers: Catalysts for Supply Chain Innovation in Emerging Markets – Morocco World News

                      Spain and Morocco advance new trade framework for Ceuta and Melilla amid local opposition – FreshPlaza.com

                      Moroccan Treasury Raises 700 Million USD in Strong January 2025 Auction – Morocco World News

                      Trending Tags

                      • South Sudan

                        Royal Palace Hotel rooftop solar, South Sudan – ESI-Africa.com

                        Sudan Lifts Force Majeure on South Sudan's Oil Exports – MarketWatch

                        Turkish aid agency TIKA delivers food aid to 250 children at South Sudan orphanage – Türkiye Today

                        Sudan drops out of hunger-monitor system on eve of famine report – Arab News

                        China donates nearly 1,000 tonnes of emergency food to support vulnerable people in South Sudan – China.org.cn

                        Arab League hopes for immediate halt to fighting in Sudan – China.org.cn

                        Trending Tags

                        • Sudan

                          French military tech found in Sudan, likely violating U.N. arms embargo – Sudan Tribune

                          Sudan – Manufacturing, Textiles, Oil – Britannica

                          South Sudan to Resume Oil Production Following Year-long Halt – Africa.com

                          South Sudan under pressure to disclose oil production deals – The East African

                          French military technology used in Sudan war despite UN arms embargo: Amnesty – News.Az

                          KUNA : Sudan's banknote replacement triggers off economic challenges – Economics – 06/01/2025 – Kuwait News Agency

                          Trending Tags

                          • Tunisia

                            China's Huawei supports Tunisia's smart education – People's Daily

                            List of Banks in Tunisia – Global Banking And Finance Review

                            Tunisia's ODC tenders for 75,000 tonnes of feed barley for Feb-Mar – AgriCensus

                            Tunisia: 2nd mission to Senegal’s construction and infrastructure fair SENCON – African Manager EN

                            Tunisia has potential to export green technologies – ZAWYA

                            Tunisia: African Development Bank grants a loan of over €80 million to upgrade road infrastructure in seven of the country’s governorates – African Development Bank

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                            • North Africa
                              تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

                              تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

                              جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

                              جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

                              As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

                              As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

                              ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

                              ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

                              خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

                              African Health Authorities and Industry Leaders Unite to Discuss Pharma Regulations and Innovations

                              خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

                              خلال قمّة إفريقيا للشؤون التنظيمية 2024 الهيئات الصحيّة وقادة الصناعة يبحثون أهمّ اللوائح والابتكارات في القطاع الصيدلاني

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                                  Home Press Releases

                                  Polyurethane Adhesives Market Size Expected to Reach $9.4 Billion by 2027

                                  admin by admin
                                  March 14, 2022
                                  in Press Releases
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                                  (EMAILWIRE.COM, March 14, 2022 ) Polyurethane Adhesives Market size is expected to be valued at US $9.4 billion by the end of the year 2027 and is set to grow at a CAGR of 6.1% during the forecast period from 2022-2027. The increase in demand for polyurethane adhesives from various key industries like building & construction, electrical & electronics, and automobile industry around the globe is majorly driving the polyurethane adhesives market. The properties of polyurethane adhesives such as chemical resistance, corrosion resistance, high mechanical strength, temperature flexibility, suitable curing rates, chemical structure versatility and improved adhesion is also contributing to the growth of the polyurethane adhesives market. Polyurethane adhesives are also known as elastic glue as they offer excellent adhesive strength and can be used in bonding automobile parts, sealing electronic equipment and sealing/bonding a wide variety of metals, plastics and rubbers. Polyurethane sealants are also used in building and construction industry in various repair and maintenance activities. These factors are driving the growth of the polyurethane adhesives market.

                                  COVID-19 impact

                                  Amid the Covid-19 pandemic, the polyurethane adhesives market was affected in terms of production, operations, sales, marketing and distribution across the globe. The economic closedown led to the complete shutdown of polyurethane adhesives industry. The various restrictions in the inter-country business, imports and exports lead to the slide of growth in the polyurethane adhesives market. The polyurethane adhesives market top 10 companies also incurred huge losses due to the economic shutdown. This caused massive consequences in the industry such as unemployment, crash of markets, insolvencies and others. However, the polyurethane adhesives market is witnessed a gradual growth by the end of the year 2020 and is expected to continue.

                                  Polyurethane Adhesives Market Segment Analysis – By Product Type

                                  Thermoplastic held the largest share in the polyurethane adhesives market in the year 2021. Thermoplastics are widely used in structural and load bearing applications in the building and construction industry. The properties of thermoplastic such as adjustable sealing temperature, high tackiness, excellent adherence to different surfaces such as rubber, wood, metals and others, is further driving the use of thermoplastic in the polyurethane adhesives market. Thermoplastic is extensively used in the construction and automobile industries which is one of the main driving factors of the thermoplastics segment in the polyurethane adhesives market.

                                  Polyurethane Adhesives Market Segment Analysis – By Curing Type

                                  Moisture-Curing held the largest share in the polyurethane adhesives market in the year 2021. Moisture curing polyurethanes are isocyanates terminated polymers which is used for curing with water. Isocyanates are low molecular weight chemicals which is advantageous since it makes the polyurethane adhesives less slimy and provides better tackiness. These are solvent based adhesives which cures with the evaporation of water and also by reacting with the moisture in the air. This has huge advantages over other types of curing adhesives, since it requires minimal efforts and protection which helps in saving time and costs. Moisture-curing polyurethane adhesives have improved bonding, sealing, fixation and adhesive properties. It is also easy to handle and reduces the step of process for mixing and applying.

                                  Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=502850

                                  Report Price: $ 4500 (Single User License)

                                  Polyurethane Adhesives Market Segment Analysis – By Technology

                                  Hot-melt technology held the largest share in the polyurethane adhesives market in the year 2021. Hot melt can be used in various applications such as window sealants, gaskets, fabrics and light metal applications. The biggest advantage of hot-melt adhesives is that they have a faster curing period. This makes it the most used adhesive in applications such as floorings, countertops in residential buildings, commercials buildings and shower walls, as they are water resistant. It also acts as an excellent sealant, which makes it suitable for heavy applications. For instance, the flooring industry recorded a revenue of US $ 23 billion in the year 2019. This is driving the hot melt adhesives segment in the polyurethane adhesives market.

                                  Polyurethane Adhesives Market Segment Analysis – By Application

                                  PVC segment held the largest share in the polyurethane adhesives market in the year 2021. PVC is extensively used in the construction sector in various applications like roofing, fencing, decking, wall-coverings, flooring, piping etc. PVC is moisture resistant, corrosion resistant and chemical resistant, which makes it an effective material compared to traditional products like copper, metal etc. For instance, the total production of PVC in the European market in the year 2019 was 5 metric tonnes. Also, the global construction industry is estimated to reach US $ 8 trillion by the year 2030. This is set to drive the use of PVC in the construction industry, which is set to drive the growth of the polyurethane adhesives segment, as it is one of the most used adhesives/sealants on PVC.

                                  Polyurethane Adhesives Market Segment Analysis – By End-Use Industry

                                  Building and Construction segment held the largest share in the polyurethane adhesives market in the year 2021. The increase in the population of middle-class coupled with urbanization is increasing the need for infrastructure to accommodate the growing population. The construction industry is estimated to reach a value of US $ 738.5 billion by the year 2022, which will eventually contribute to the growth of polyurethane adhesives since it is extensively used in various applications and activities in the building and construction industry. This leads to the increase in the use of polyurethane adhesives/sealants in the construction industries for various activities including roofing, piping, insulating and in fencing and fixtures.

                                  Polyurethane Adhesives Market Segment Analysis – By Geography

                                  Asia-Pacific region held the largest share in the polyurethane adhesives market in the year 2021. The growth of the construction industry and automobile industry in the Asia-Pacific region countries like China, India, South Korea and Japan is driving the polyurethane market. Polyurethane adhesives are used widely as sealants in the automobile sector for bonding and sealing automobile parts. For instance, the Chinese government set a long-term development plan for automotive industry to reach an annual sales of 2 million for their new energy vehicles (NEV) in the year 2020. This will drive the growth of automobile industry which will increase the demand for polyurethane adhesives market in the region.

                                  Polyurethane Adhesives Market Drivers

                                  Increase in Government Initiatives Regarding Infrastructure

                                  Polyurethane adhesives are extensively used in the construction sector as it is used as sealants in various construction activities such as repair and maintenance, plumbing, fixtures, masonry activities etc. The increase in number of construction activities in the present days is driving the demand for polyurethane adhesives. The increase in the construction activities, especially in Asia –Pacific countries such as India, China and Japan is contributing to the demand for polyurethane adhesives. For instance, the ‘New Type Urbanization Plan’ by the Chinese Government which aims at developing China’s infrastructure by the year 2020 is increasing the number of construction related activities in the country which in turn is contributing to the growth of polyurethane adhesives market.

                                  Rising Demand from Automobile Industry

                                  The rising demand for polyurethane adhesives and sealants from the automobile industry is driving the polyurethane adhesives market. Polyurethane adhesives and sealants are extensively used for bonding and sealing of automobile parts. Polyurethane adhesives are highly flexible to temperature changes, corrosion resistant, chemical resistant which is increasing the use of polyurethane adhesives and sealants in the automobile industry. The total production of cars and commercial vehicles amounted to 91.78 million units globally in the year 2019. The increase in the production of automobile over the years is eventually driving the use and demand of polyurethane adhesives in the automobile industry.

                                  Direct Purchase @ https://www.industryarc.com/purchasereport.php?id=502850

                                  Polyurethane Adhesives Market Challenges

                                  Volatility in Price of Raw Materials

                                  The prices of raw material used for producing polyurethane adhesives such as formaldehyde is highly volatile. The price keeps changing within a short span of time making the market highly unpredictable. For example the price of formaldehyde is Rs.458 per litre during the year 2020, which is acting as one of the biggest challenge for the polyurethane adhesives market. Formaldehyde is required in mass quantities for the preparation of polyurethane adhesives which is a costly affair for the manufacturer as it is quite expensive and the prices are also fluctuating.

                                  Polyurethane Adhesives Industry Outlook

                                  Expansion, new product launches, investments, collaborations, partnerships, acquisitions and mergers are some of the key strategies adopted by players in the Polyurethane Adhesives Market. Polyurethane Adhesives top 10 companies include:

                                  Avery Dennison Corporation

                                  Scott Bader Company Ltd.

                                  The Dow Company

                                  SIKA AG

                                  Ashland Inc.

                                  3M

                                  BASF AG

                                  Arkema S.A.

                                  Illinois Tool Works Inc.

                                  Huntsman Corporation among others.

                                  Acquisitions/Technology Launches

                                  On January 4, 2021, Avery Dennison Corporation acquired ACPO Ltd. for a US $ 87.6 million. This acquisition will help in combining the capabilities of both the companies in developing products of expertise in the adhesives and lables.

                                  On November 18, 2019 Avery Dennison Medical introduced MED 5710SI (right)—a soft-skin silicone adhesive nonwoven material. It consists a new five-layer foam dressing from of a soft-skin silicone wound contact layer, a polyurethane (PU) foam and super-absorbent fiber composite pad.

                                  Key Takeaways

                                  Asia-Pacific market held the largest share in the polyurethane adhesives market due to the increase middle class population coupled with the urbanization which is increasing the standard of living of the population which in turn is driving the construction industry, electronic industry and automobile industry.

                                  The increase in construction activities and other repair and maintenance activities in the construction sector is driving the demand for polyurethane adhesives market.

                                  Increasing demand for bio-based PU hot-melt adhesives is contributing to the growth of the polyurethane adhesives market.

                                  Amid the Covid-19 pandemic, the polyurethane adhesives market witnessed a lot of setbacks in terms of production, supply and distribution. It is however set to improve in the coming months of 2021.

                                  Relevant Report:

                                  Roofing Adhesives Market

                                  https://www.industryarc.com/Report/16430/roofing-adhesives-market.html

                                  For more Chemicals and Materials related reports, please click here

                                  About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



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