Moisture Curing Adhesive Market Size (2024 - 2029)

The moisture curing adhesives market is anticipated to expand during the forecast period, driven by rising demand from the construction and automobile industries. However, growth is challenged by stringent environmental regulations and the adverse impacts of the COVID-19 pandemic. The Asia-Pacific region is projected to lead in market size, with significant consumption in countries like China and India.

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Market Size of Moisture Curing Adhesive Industry

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moisture curing adhesive market size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

moisture curing adhesive market major companies

*Disclaimer: Major Players sorted in no particular order

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Moisture Curing Adhesives Market Analysis

The market for moisture curing adhesives is expected to grow at a CAGR of about 5% globally during the forecast period. Growing demand from the construction industry and increasing demand from the automobile industry are driving the market. On the flip side, stringent environmental regulations coupled with unfavorable conditions arising due to the COVID-19 outbreak are hindering the market growth.

  • The moisture curing adhesive market is expected to grow during the forecast period due to the increasing demand from the building & construction sector.
  • Asia-Pacific region to dominate the market across the globe with the largest consumption from countries such as China and India.

Moisture Curing Adhesives Industry Segmentation

The Moisture Curing Adhesive Market report include:

Type
Polyurethane
Silicone
Polyolefin
Others
Application
Building & Construction
Automotive
Wood Bonding
Others (Electrical, PVC, etc.,)
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Moisture Curing Adhesive Market Size Summary

The moisture curing adhesives market is poised for significant growth, driven primarily by increasing demand from the construction and automotive industries. These adhesives, known for their superior bond strength and resistance to environmental factors, are extensively used in building and construction applications, particularly for roofing, insulation, and flooring. The construction sector's expansion, fueled by urbanization and infrastructure investments, is a key factor propelling market growth. In developed regions like Europe and America, the demand for remodeling services and infrastructure development further supports this trend. However, the market faces challenges from stringent environmental regulations and the lingering impacts of the COVID-19 pandemic.

The Asia-Pacific region is expected to lead the global market, with China and India at the forefront due to their robust construction activities and infrastructure projects. Government initiatives such as smart city developments and housing schemes are anticipated to boost the demand for moisture curing adhesives in these countries. Additionally, the growing furniture industry and the popularity of wooden flooring contribute to the market's expansion. Despite being partially fragmented, the market features key players like 3M, BASF Construction North America, Dow, Jowat SE, and Henkel Limited, who hold a marginal share yet play a significant role in shaping market dynamics.

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Moisture Curing Adhesive Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Demand from the Building & Construction Sector

      2. 1.1.2 Increasing Demand from the Automobile Industry

    2. 1.2 Restraints

      1. 1.2.1 Stringent Environmental Regulations

      2. 1.2.2 Unfavorable Conditions Arising Due to the COVID-19 Outbreak

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porters Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Polyurethane

      2. 2.1.2 Silicone

      3. 2.1.3 Polyolefin

      4. 2.1.4 Others

    2. 2.2 Application

      1. 2.2.1 Building & Construction

      2. 2.2.2 Automotive

      3. 2.2.3 Wood Bonding

      4. 2.2.4 Others (Electrical, PVC, etc.,)

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Moisture Curing Adhesive Market Size FAQs

The Moisture Curing Adhesive Market is projected to register a CAGR of 5% during the forecast period (2024-2029)

3M, BASF Construction North America, Dow, Jowat SE and Henkel Limited are the major companies operating in the Moisture Curing Adhesive Market.

Moisture Curing Adhesive Market Report Snapshots

Moisture Curing Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)