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
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.
North
America and the Asia Pacific are also estimated to have a positive influence on
future growth. North America is the second largest region with significant
market share. In terms of volume and value, Asia Pacific is estimated to grow
at the highest CAGR in the forecast period. The aspects that may be ascribed to
the growth comprise government favorable policies and developing infrastructure
and industrialization. The developing countries like India and China are the
major consumers of moisture curing adhesives in this region.
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Market Segment:
Geographically, this report is segmented
into several key Regions, with production, revenue (million USD), market share
and growth rate of Moisture Curing Adhesives in these regions, from 2013 to
2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Moisture Curing Adhesives market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
AG & CO. KGAA
•
H.B. FULLER
•
3M COMPANY
•
SIKA AG
•
ROYAL ADHESIVES & SEALANTS, LLC
•
THE DOW CHEMICAL COMPANY
•
ILLINOIS TOOL WORKS INC.
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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