Moisture Curing Adhesives Industry Key Players, Trends, Growth Opportunities and Industry Forecast till 2025
“The factors that are playing a major role in the growth of Moisture Curing Adhesives Industry are the high demand from woodworking and construction industry, superior properties over conventional adhesives, and rising demand for automobiles�
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. Get Sample Copy of this Report @ https://www.millioninsights.com/industry-reports/moisture-curing-adhesives-market/request-sample
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. Globally, Europe accounted for the substantial market share of moisture curing adhesives and is estimated to lead the overall market in the years to come. The reason behind the overall m arket growth could be the presence of key manufacturers in this region, the growing demand for lightweight vehicles, growing investments in infrastructure development, and retrieval in the construction sector. 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 m ay 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. The key players of moisture curing adhesives market are Jowat SE, Henkel AG & Co. KGaA, Dow Corning Corporation, H.B. Fuller, Bostik SA, 3M Company, Illinois Tool Works Inc., Sika AG, The Dow Chemical Company, and Royal Adhesives & Sealants, LLC. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition. Browse Related Category Market Reports @ https://www.millioninsights.com/industry/chemicals Market Segment: Key Region • North America • Europe • China • Japan • Southeast Asia • India
Key Manufacturers • 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 Key Products • Polyurethane (Pu) • Silica Gel • Cyanoacrylates Exhibits • Polyene
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