Moisture Curing Adhesives Market Benefits from Expansion of Construction Sector

Transparency Market Research (TMR) presents a new market intelligence publication on the global moisture curing adhesives market for the 2017-2025 forecast period. The report, titled “Moisture Curing Adhesives Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” provides an in-depth analysis of growth trends and vital market dynamics that could influence the growth of the said market between 2017 and 2025.

Exponential growth of the construction sector is one of the key factors driving the moisture curing adhesives market. Moisture curing adhesives can replace glue, cement, or paste and offers several advantages over conventional adhesives for joining two surfaces or things. Moisture curing adhesives contain non-volatile urethane prepolymers that require moisture to activate the curing reaction. Depending on the formulation, moisture curing adhesives can range from hard to flexible.

The growth of the automotive sector is also fuelling the moisture curing adhesives market. Moisture curing adhesives are used in automotive components for binding lightweight materials. The demand for lightweight materials is rising due to the increasing demand for lightweight vehicles. Lightweight materials fastened with moisture curing cements are used to manufacture carbon fiber composites and glass fiber fortified composites. Automakers for formula 1 races are focused on improvement of lightweight materials and smaller vehicle chassis to attain enhanced performance.

However, on the flip side, environmental regulations in place and concerns pertaining to the use of urethane adhesives are challenging the growth of moisture curing adhesives market.

The global moisture curing adhesives market can be studied on the basis of end-user, chemistry, and geography. By end-user, automotive, construction, textile, wood working, and others are key segments into which the global moisture curing adhesives market can be segmented. Moisture curing adhesives are used for the installation of windshields in automobiles and fastening of plastic window panes to some aluminum ship structure. In construction and manufacturing sector, moisture curing adhesives are used as wood coatings. Transparent wood coatings impart a natural look to wood with respect to grain, color, and texture.

On the basis of chemistry, the moisture curing adhesives market can be segmented into silicone, polyolefin, polyurethane, and cyanoacrylate. Of them, the polyurethane chemistry segment is a significant one as it is cost-effective and is suitable for a range of substrates such as synthetic resin, metal, rigid foams, ceramic, mineral fibers, and cemented materials. Some other favorable properties of polyurethane include high load bearing capacity and change in shape under heavy load, which returns to normal shape when the load is removed.

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By geography, the key segments into which the moisture curing adhesives market can be divided are North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Among them, North America holds dominance in the global moisture curing adhesives market. Flourishing construction sector and growth of the wood coating sector are predicted to boost the North America moisture curing adhesives market. In addition, rising demand for passenger vehicles leading to the increasing demand for automotive spare parts is likely to stimulate the Europe moisture curing adhesive market. Asia Pacific moisture curing adhesives market, on the other hand, is likely to expand due to exponential growth of construction & housing, automotive, and electrical and electronics.

The global moisture curing adhesives market witnesses the dominance of key players, namely Henkel AG & Co. KGaA, 3M Company, H.B. Fuller, and Sika AG.

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