About Moisture Curing Adhesives
Moisture cure adhesives uniquely react with moisture in the environment or the underlying layer in order to cure. It is widely used in automotive and construction as it offers excellent adhesions with surfaces that are difficult to bond including wood-based materials, metal, plastics, etc. It is also used in insulation panels and exterior applications as it can expose to high temperatures of more than 100 degree. Moisture curing adhesives are highly utilized in the automotive industry to enhance the performance of vehicle fabricating structures by deploying multi-materials, such as aluminum, glass-fiber-reinforced composites, etc.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Moisture Curing Adhesives market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
H.B. Fuller (United States), Sika AG (Switzerland), Henkel (Germany), 3M Company (United States), Dow Chemical (United States), Daubert Chemical (United States), Bostik (France), Momentive Performance Materials (United States) and DuPont (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Moisture Curing Adhesives market by Type (Polyurethane, Silica Gel, Cyanoacrylates Exhibits and Polyene), Application (Construction, Automotive, Wood Working, Textile and Others) and Region.
On the basis of geography, the market of Moisture Curing Adhesives has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Moisture Curing Adhesives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Focus Towards the Development of New and Innovative Products to Meet Consumers’ Demand
Market Growth Drivers:
Increased Demand of Moisture Curing Adhesives Due to Rapid Growth of Automotive Industry and Demand for Lightweight and Fuel-efficient Vehicles and High Demand of Moisture Curing Adhesives in Wood Working and Construction Segment
Challenges:
Availability of Other Alternatives of Moisture Curing Adhesives
Restraints:
Growing Adoption of Bio-based Adhesives Due to Awareness about Environmental Concern
Opportunities:
Rapid Infrastructural Developments in Developing Countries like India and China
Market Leaders and their expansionary development strategies
In 2021, Sika announced the acquisition of US-based floor covering adhesives company, DriTac to strengthen its growth platform for interior finishing in the US. The acquisition will strengthen the growth with large potential for cross-selling of Sika's other complementary products, including moisture-mitigation materials, surface preparation, self-leveling underlayment mortars, and tile setting materials.
In 2021, DuPont launched new EV battery-pack sealing and bonding adhesive. It is ideal for EVs, bond coated metals, pretreated thermoplastics, and composites. The new adhesive is a one-component moisture-curing non-conductive polyurethane-based adhesive and sealant, which offers durable bonding and is resistant to high pressure and high-temperature spray. It also acts as a secondary barrier if battery modules leak.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Moisture Curing Adhesives Manufacturers, Suppliers and Distributors of Moisture Curing Adhesives, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.