Moisture Curing Adhesives Market Major Growth Factors, Size and Analysis till 2025
29th Jan 2020 - Global Moisture Curing Adhesives Market is estimated to grow at a significant CAGR of 7.41% over the forecast period as the scope and its applications are rising enormously across the globe. Moisture curing adhesives are the viscous adhesives that comprise non-volatile urethane prepolymers and requires moisture to trigger the curing reaction. They can be used interchangeably with paste, glue, or cement to resist their separation. The adhesive molecules are cross-linked in the curing process to form a strong adhesive joint. Generally, these adhesives are known to provide high strength and are flexible to rigid bond lines as they are resistant to many chemicals, humidity, and temperature.
The factors that are playing a major role in the growth of market are the high demand from woodworking and construction industry, superior properties over conventional adhesives, and rising demand for automobiles. However, the presence of alternatives and it requires high curing time are the factors that may restrain overall market growth in the years to come. Moisture curing adhesives market is segmented based on chemistry, application, and region.
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Based on chemistry, polyolefin, polyurethane, cyanoacrylate, and silicone could classify moisture-curing adhesives in the forecast period. Polyurethane chemistry sector accounted for the substantial market share of moisture curing adhesives and is estimated to lead the overall market in the years to come.
The market may be categorized based on applications like textiles, construction, woodworking, automotive, and others that could be explored in the forecast period. The automotive sector accounted for the significant market share of moisture curing adhesives and is estimated to continue its dominance in the years to come. The reason could be the rising demand for lightweight materials in automobiles, developing automobile industry, and rising disposable income. In addition, the construction sector is estimated to grow at the fastest pace in the years to come.
The major manufacturers covered in this report
• AG & CO. KGAA
• H.B. FULLER
• 3M COMPANY
• SIKA AG
• ROYAL ADHESIVES & SEALANTS, LLC
• THE DOW CHEMICAL COMPANY
• ILLINOIS TOOL WORKS INC.
• BOSTIK SA (AN ARKEMA COMPANY)
• DOW CORNING CORPORATION
• JOWAT SE
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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Polyurethane (Pu)
• Silica Gel
• Cyanoacrylates Exhibits
• Polyene
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, (sales), market share and growth rate for each application, including
• Construction
• Car
• Woodworking
• Textile
• Other
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