According to a recent Fact.MR study, the Silicone Based Moisture Curing Adhesives Market is expected to reach US$ 6 billion in 2021. Between 2021 and 2031, the global adhesives market is expected to grow at a 6% CAGR, surpassing. US$ 10.74 billion by the end of 2033, driven by increasing demand for moisture curing adhesive materials.

The rapid growth of the Silicone Based Moisture Curing Adhesives Market is due to the increasing demand from industries such as automotive and construction. Moisture curing adhesives have the ability to absorb atmospheric moisture, ensuring that the materials they are applied on are not damaged or corroded.

These adhesives are increasingly being used for a variety of purposes because they have long-term elasticity, instant seal, flame retardant, and low to high viscosity for optimal applications. Moisture curing adhesives work well on surfaces that are difficult to bond, such as wood-plastic materials and untreated metal or plastics that do not contain polyethylene or polyether.

Increasing use of moisture curing adhesives in automobiles, textiles and footwear, as well as other industries, is expected to provide manufacturers with lucrative growth opportunities during the forecast period.

Sales of cyanoacrylates are predicted to remain high during the forecast period, according to Fact.MR. Due to the rising demand for cyanoacrylates in the construction industry for household applications, demand is expected to rise.

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Therefore, the construction industry is expected to remain the largest application area for moisture curing adhesives. These adhesives are now used for a wide range of uses including flooring, tiling, insulation roofing, and wall covering.

With approximately 25% of total income, the North American market is expected to remain the most lucrative market for moisture curing adhesives during the forecast period. Growth in the region is attributed to the strong presence of leading players and a rising demand from construction, automotive, and woodworking industries.

With the implementation of stringent governmental regulations, manufacturers are shifting their focus to incorporating ecofriendly raw materials. This will create a lucrative growth opportunity for the moisture curing adhesives industry in the forecast period,” according to the Fact.MR analyst.

Key Takeaways from the Silicone Based Moisture Curing Adhesives Market Survey

  • Due to the rising demand for moisture curing adhesives from the construction industry, the U.S. market size will surpass US$ 1.5 billion in 2020.
  • In 2021, the Asia-Pacific region accounted for approximately 24% of the country’s revenue share.
  • Aufgrund of the rapidly advancing automotive and construction industries, China is expected to register a 10% CAGR between 2021 and 2031.
  • By 2031, yanoacrylate moisture curing adhesives are expected to account for about 20% of global sales.
  • In terms of end-use, construction industry will account for approximately 1/4 of the industry’s total revenue. Thng thn tte a sm. In the global market, revenue share is the largest contributor to the economy.

Key Drivers are included in the Keys to Key drivers.

  • The Silicone Based Moisture Curing Adhesives Market is driving the rise in demand for moisture-curing adhesive products, primarily from the automotive and construction industries.
  • The ability of moisture curing adhesives to protect automobile spare parts, furniture, and textiles from moisture is boosting the sales of water cuing adhesive products.
  • Increased vehicle production and increasing demand for light vehicles are positively impacting the market for moisture curing adhesives.

Key Restraints are designed to be used with or without Keys Restricted.

  • The sales of curing alternatives such as UV cured adhesives and bio-based adhesive products are expected to be inhibited due to a rising popularity of UV-cured alternatives.
  • Implementation of stringent regulations on the use of polyurethane and its detrimental effects will also limit the market growth.

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Moisture curing adhesives market forecast analysis  by Fact.MR

Competitive Landscape, a Dynamic Landscape and Competitive Market are all backdrops for prevailing trends.

Key players in the moisture curing adhesives industry are putting a lot of effort into research and development to expand their product portfolio. New product launches, mergers, partnerships, and expansion of production facilities are some of the strategies adopted by moisture curing adhesives manufacturers.

  • Arkema acquired Asland Performance Adhesives, a first-class leader in high performance adhesives for industrial applications in the United States with neoclassical and distinctive product portfolio, in August 2021. The acquisition will broaden the firm’s adhesives product portfolio.
  • Sherwin Williams will introduce improved moisture cure urethane for military applications in 2021. The new product is designed for quick application in high humidity and other demanding environments.

Fact.MR identified some of the top players operating in the moisture curing adhesives market:

  • Arkema S.A., Arkam A.S.
  • Jowat Corporation is a corporation that specializes in Jowitt Corporation.
  • Dymax Corporation is a company that manufactures Dymmax.
  • Corporation Tosoh Corporation is a subsidiary of Totoh Group.
  • Dow Dow Jones is a Dow corporation that specializes in Dow. Dow is an office that employs approximately 2,000 people.
  • Sika AG is a subsidiary of Sica AG.
  • H.B Fuller Company is a company that specializes in the production of H B Fullers Company’s HB Completer Company.
  • 3M Company is a 3G Company that specializes in 3D printing.
  • Henkel AG & Co. KGaA (Henckel AG andamp); Co) – a wholly owned subsidiary of Hendkel Group and Co,.
  • Pidilite Industries Ltd. is a company that specializes in the manufacture of Pidivilith products.
  • Parker Hannifin Corp. is a corporation that specializes in Parker-Hannificin products.
  • Daubert Chemical Company is a chemical company based in Dauteuil, New York.
  • Huntsman International LLC is a corporation that specializes in Hunting Products.

More Insights on the Global Moisture Curing Adhesives Sales Outlook

Fact.MR provides an objective view of the moisture curing adhesives market, presenting historical demand data (2016-2020) and forecast data for the period from 2021-2031. The study provides compelling data on the global demand for moisture curing adhesives with a detailed segmentation on:

Composition

  • Adhesives with Silicone-based Moisture Curing Adhsives are used to treat moisture.
  • Moisture Curing Adhesives Made of Polyolefin-based polyolfinate
  • Adhesives based on Cyanoacrylate are used for Moisture Curing Adhsives.
  • Polyurethane-based Moisture Curing Adhesives are ideal for treating moisture.

End Use Industry – End End User Industry

  • Automotive Moisture Curing Agents for Moisurity Curating Agent for Automotive
  • Adding Moisture Curing Agents for Construction:
  • Textiles: Moisture Curing Agents for Textilie
  • Wood Working Uses Moisture Curing Agents for Woodworking
  • Moisture Curing Agents for Other End Use Industries

Regions of the South Pacific

  • North America is a region in which many people live.
  • Latin America is a region that is bordering on the borders of Latin American countries.
  • Europe is a European Union and Europe has embraced it.
  • East Asia is a region in East Asian countries that has risen in importance in recent decades.
  • South Asia is the most sub-Saharan region in the world.
  • Oceania is a landlocked nation situated in the Pacific Ocean.
  • Middle East & Africa

Key Issues uncovered in the Silicone Based Moisture Curing Adhesives Market Outlook Report

  • The report provides a comprehensive view of the adhesives market demand for moisture curing adhesive products for 2021-2031.
  • The market study also highlights projected sales growth for moisture curing adhesives between 2021 and 2031.
  • The market study of the moisture curing adhesives industry addresses key growth drivers, restraints, and other forces that impact prevailing trends, as well as the evaluation of current market size, forecast, & technological advancements in the industry.
  • Silicone Based Moisture Curing Adhesives Market share analysis of the major companies in the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others, as well as coverage on strategies like collaboration, merger and acquisition, partnership, or collaboration agreements, among others.

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