IMARC Group's report titled "Moisture Curing Adhesives Market Report by Type (Polyurethane, Silicone, Cyanoacrylate, Polyolefin), Application (Construction, Automotive, Woodworking, Textile, and Others), and Region 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on the global moisture curing adhesives market share. The global market size reached US$ 6.52 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.78 Billion by 2032, exhibiting a growth rate (CAGR) of 6.80% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/moisture-curing-adhesives-market
Factors Affecting the Growth of the Global Annatto Industry:
Rising Demand from Key End-User Industries:
The demand for moisture curing adhesives is significantly driven by key end-user industries such as construction, automotive, and electronics. In the construction industry, these adhesives are commonly used for bonding various substrates, including wood, metal, and plastic, due to their ability to provide strong and durable bonds in different environmental conditions. The growing construction activities, particularly in emerging economies, along with the increasing trend of using lightweight materials, are fueling the demand for moisture curing adhesives in the construction sector. Similarly, in the automotive industry, the shift towards lightweight vehicle designs and the need for durable bonding solutions in the assembly of automotive components are driving the demand for moisture curing adhesives. Additionally, the electronics industry relies on these adhesives for applications such as bonding circuit boards, displays, and electronic components. The increasing penetration of electronic devices and the trend towards miniaturization further contribute to the growing demand for moisture curing adhesives in this sector.
- Technological Advancements:
Technological advancements play a crucial role in the growth of the moisture curing adhesives market. Continuous R&D efforts by manufacturers and suppliers have led to the development of advanced adhesive formulations that offer enhanced performance properties, such as improved bonding strength, faster curing times, and compatibility with a wide range of substrates. These technological advancements have expanded the application scope of moisture curing adhesives, making them suitable for diverse end-use industries. Furthermore, the introduction of hybrid formulations that combine the benefits of moisture curing adhesives with other adhesive technologies, such as UV-curable adhesives or epoxy adhesives, has further expanded the market potential of moisture curing adhesives. The ability of manufacturers to innovate and introduce next-generation adhesive products tailored to specific industry requirements is instrumental in driving the market growth.
- Increasing Environmental Awareness:
The growing emphasis on environmental sustainability and regulations aimed at reducing the use of solvent-based adhesives have led to a shift towards moisture curing adhesives, which are considered more environmentally friendly. These adhesives typically have low or zero volatile organic compound (VOC) content, making them compliant with stringent environmental regulations. As a result, industries are increasingly adopting moisture curing adhesives as a sustainable alternative to solvent-based adhesives. Moreover, the eco-friendly nature of moisture curing adhesives aligns with the sustainability goals of end-user industries, leading to their increased preference. The rising environmental awareness among consumers and the concerted efforts of manufacturers to promote sustainable adhesive solutions contribute to the expansion of the moisture curing adhesives market.
Leading Companies Operating in the Global Moisture Curing Adhesives Industry:
- 3M Company
- Alchimica
- BASF Construction NA (BASF SE)
- Bostik (Arkema S.A.)
- Caswell Adhesives
- Daubert Chemical Company
- Dow Inc.
- ESSRBOND
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Jowat SE
- Sika AG
- W.W. Henry Company (ARDEX Americas)
Global Moisture Curing Adhesives Market Report Segmentation:
By Type:
- Polyurethane
- Silicone
- Cyanoacrylate
- Polyolefin
The report indicates that polyurethane is the dominant segment within the moisture curing adhesives market, outperforming silicone, cyanoacrylate, and polyolefin types.
Breakup by Application:
- Construction
- Automotive
- Woodworking
- Textile
- Others
According to the report, the construction industry is the leading segment in the moisture curing adhesives market based on application, surpassing automotive, woodworking, textile, and other sectors.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America holds the largest market share due to the growing industrial and commercial sectors, which heavily rely on alternators for continuous power supply and backup solutions.
Global Moisture Curing Adhesives Market Trends:
the moisture curing adhesives market is expected to witness several key trends. These include a growing emphasis on sustainability, leading to increased demand for eco-friendly and low-VOC adhesives. Technological advancements will drive the development of high-performance adhesive formulations, expanding their application scope across diverse industries. Additionally, the market is likely to see a rise in demand from the automotive and construction sectors due to their need for lightweight and durable bonding solutions. Overall, the market trends in 2023 point towards a continued focus on innovation, sustainability, and expanding application possibilities for moisture curing adhesives.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
