Moisture Curing Adhesives Market Analysis | 2024-2030

Market Insights

The moisture curing adhesives market size was USD 6.4 billion in 2023 and is likely to grow at a decent CAGR of 6.9% during 2024-2030 to reach USD 9.1 billion in 2030.

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Market Dynamics

Introduction

Moisture curing adhesives are considered to be one of the significant categories of adhesives within the adhesives market, admired for their unique properties when they cure and establish solid bonds in the presence of moisture. This particular curing mechanism provides extra advantages since extra heat or chemical activators are not needed in this process, making the process convenient and efficient in numerous uses in several industries. The industries that have a relative advantage of using moisture curing adhesives include the automotive industries, construction industries, woodworking industries, textile industries, and footwear industries among others. Combined with excellent adhesive characteristics and ecological benefits, the use of such materials can be regarded as optimized within the frame of contemporary manufacturing and assembly techniques.

Market Drivers

• Rising demand from construction and woodworking industries due to better advantages over existing adhesives in terms of curing is the major driving force of moisture cure adhesives.
• Substantial market growth is due to increased usage across more industries and cars, textiles, footwear, electronics among others and, a growing presence in emerging markets.
• They provide the specialized use that people look for in an adhesive as well as overall performance in specific application areas which have helped boost sales and penetration of these adhesives.

 Challenges

• Adhesion performance can be greatly affected by substrate material and surface characteristics. Another major issue has been the ability to attain uniform adhesive bonding on various substrates.
• The use of atmospheric moisture is a critical component in the curing process of these adhesives and, therefore, are adversely affected by humidity. Relative humidity can impact the curing times as well as the strength of the cured adhesive bond.

Segment Analysis

By Chemistry Type

“Polyurethane is expected to remain the dominant chemistry of the market during the forecast period.”

• The moisture cure adhesives market is segmented by chemistries into polyurethane, silicone, cyanoacrylate, and polyolefin.
• The market in 2023 was dominated by polyurethane chemistry.
• Polyurethane has surpassed other adhesive types because it offers high performance in bonding all types of substrates.
• It is anticipated to retain its market dominance between 2024 and 2030 due to its impact resistance, resilience, and adaptability.
• The versatility of polyurethane adhesives in various industries including construction, automotive, and electronics increases its demand.

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By Application Type

“Automotive is expected to remain the largest application for the Moisture Curing Adhesives Market during the forecast period.”

• For the moisture cure adhesives, automotive applications are leading the growth in demand, backed by the growth in automobile production and sales, increasing disposable income, and the use of lightweight materials.
• The construction industry is also on a growth trajectory owing to the various uses of moisture-cure adhesives in tasks such as flooring, tiling, insulation, roofing and wall covering.
• Moisture cure adhesives provide better bond strength on different substrates like wood, composites, metal, concrete, glass, ceramics, and others that are used for construction purposes.
• They are also appreciated for their performance and operating in harsh conditions which will also increase their uses, especially in automotive as well as construction industries.

Regional Insights

“Asia-Pacific is expected to remain the largest market for Moisture Curing Adhesives during the forecast period.”

• The Asia-Pacific region is most likely to show the highest CAGR in terms of value and volume in the moisture cure adhesives market.
• The growth in infrastructure is strong for this region due to a solid industrialization process and the backing of a government that provides considerable development chances.
• Drivers of growth are attributed to the growing construction industry, the increasing automotive industry, the population, and rising disposable income levels in the Asia-Pacific region.
• Together, these factors contribute to the rising demand for moisture-cure adhesives and transform the region into a critical growth engine for the market.

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Key Players

The market has a presence of over 30 players across the region. Most of the major players compete in some of the governing factors including price, service offerings, regional presence, etc.

The following are the key players in the moisture curing adhesives market:

Here is the list of the Top Players (Based on Dominance)

• Bostik SA (France)
• Henkel AG & Co. KGaA (Germany)
• H.B. Fuller (U.S.)
• Sika AG (Switzerland)
• Royal Adhesives & Sealants, LLC (U.S.)
• Momentive Performance Materials Inc. (U.S.)
• The Dow Chemical Company (U.S.)
• Illinois Tool Works Inc. (U.S.)
• Dow Corning Corporation (U.S.)

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Analog Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The moisture curing adhesives market is segmented into the following categories.

By Chemistry Type

• Polyurethane (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Silicone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Cyanoacrylate (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Polyolefin (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Application Type

• Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Wood Working (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Textile (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabian, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s moisture curing adhesives market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]