Global Moisture Curing Adhesives Market 2018-2022
About Moisture Curing Adhesives
Moisture cure adhesives are the adhesives that have the ability to get cured by the presence of moisture present in the atmosphere without the need for additional solvent or heating. Moisture cure adhesives contain cyanoacrylates, polyurethanes, polyolefin, and silicones as a key ingredient in the formulation. These adhesives impart high-strength adhesion when applied to surface or material.
Technavio’s analysts forecast the global moisture curing adhesives market to grow at a CAGR of 7.41% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global moisture curing adhesives market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Moisture Curing Adhesives Market 2018-2022
Technavio recognizes the following companies as the key players in the global moisture curing adhesives market: Arkema Group, DowDupont, H.B. Fuller, Henkel, Sika, and 3M.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing technological advances. Moisture curing hot-melt adhesives are mainly used in various applications, such as concrete bonding in buildings. The setting and the durability of the bond is not affected by the humidity, moisture, and other environmental conditions. This makes hot-melt adhesives appropriate for outdoor applications. Furthermore, hot-melt adhesive offer properties such as quickly set and initial strength.”
According to the report, one driver in the market is rising infrastructural government projects. Moisture curing adhesives are widely used in bonding substrates such as marble and concrete. The global construction industry is growing at a faster pace, owing to the major contribution from emerging countries. In 2016, in terms of revenue, the global construction market was valued $8.82 trillion, and it was $7.91 trillion in 2012.
Further, the report states that one challenge in the market is application drawbacks. Moisture curing adhesives are used in substrates such as wood, metals, rubbers, cured epoxy, leather, tile and glass, plastics, concrete, and brick. But these moistures curing adhesives cannot be applied on polypropylene, polyethylene and a substrate with a combination of both.
Arkema Group, DowDupont, H.B. Fuller, Henkel, Sika, and 3M.