Utilization of automotive product has been a major driving factor for market growth. Consumption of moisture curing adhesive services has increased owing to the growing need for protection of products from moisture.
The Global Moisture Curing Adhesive Market is expected to reach USD 7.21 billion by 2025, according to a new report by Grand View Research, Inc.
Moisture curing adhesive services have various uses in in construction, housing, electrical & electronics, and industrial sectors. It is also utilized in printing & coating, decorative, furnishing, flooring, automotive, transportation, packaging, coating on woods, metals, plastics, paper, corks, industrial inks, and heavy machinery.
Automotive application segment is projected to have the highest growth rate over the forecast period. The segment is expected to grow with an estimated CAGR of 7.0% over the next eight years. Vehicle manufacturing companies depend on adhesive innovation as a settled part of their production line. In every vehicle, normally 15 kg of different moisture curing adhesives are utilized to mount and assemble an immense collection of parts. These factors are expected to propel the automotive application segment growth over the next eight years.
To Know More About Moisture Curing Adhesives Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/moisture-curing-adhesives-market
The Global Moisture Curing Adhesive Market demand in terms of volume was USD 485.5 million in 2016 and is expected to grow at a CAGR of 5.2% from 2017 to 2025. Polyurethane emerged as the largest chemistry segment in 2016 and is estimated to generate revenue over USD 2.78 billion by 2025. Cyanoacrylate is anticipated to be the fastest growing service segment over the next eight years and is estimated to grow at a CAGR of 6.9%
Top Players of Moisture Curing Adhesives Market:
Key players of the industry include H.B. Fuller, 3M, The DOW chemical company, Henkel AG & Co. KGaA, and Bostik SA.
Market Segmentation of Moisture Curing Adhesives Market:
The Global Moisture Curing Adhesive Market segmented on the basis of Service and Application.
By Service:
Polyurethane
Silicone
Cyanoacrylate
Polyolefin
By Application:
Construction
Automotive
Wood working
Textile
Inquire about Moisture Curing Adhesives Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4595
The Global Moisture Curing Adhesive Market is expected to reach USD 7.21 billion by 2025, according to a new report by Grand View Research, Inc.
Moisture curing adhesive services have various uses in in construction, housing, electrical & electronics, and industrial sectors. It is also utilized in printing & coating, decorative, furnishing, flooring, automotive, transportation, packaging, coating on woods, metals, plastics, paper, corks, industrial inks, and heavy machinery.
Automotive application segment is projected to have the highest growth rate over the forecast period. The segment is expected to grow with an estimated CAGR of 7.0% over the next eight years. Vehicle manufacturing companies depend on adhesive innovation as a settled part of their production line. In every vehicle, normally 15 kg of different moisture curing adhesives are utilized to mount and assemble an immense collection of parts. These factors are expected to propel the automotive application segment growth over the next eight years.
To Know More About Moisture Curing Adhesives Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/moisture-curing-adhesives-market
The Global Moisture Curing Adhesive Market demand in terms of volume was USD 485.5 million in 2016 and is expected to grow at a CAGR of 5.2% from 2017 to 2025. Polyurethane emerged as the largest chemistry segment in 2016 and is estimated to generate revenue over USD 2.78 billion by 2025. Cyanoacrylate is anticipated to be the fastest growing service segment over the next eight years and is estimated to grow at a CAGR of 6.9%
Top Players of Moisture Curing Adhesives Market:
Key players of the industry include H.B. Fuller, 3M, The DOW chemical company, Henkel AG & Co. KGaA, and Bostik SA.
Market Segmentation of Moisture Curing Adhesives Market:
The Global Moisture Curing Adhesive Market segmented on the basis of Service and Application.
By Service:
Polyurethane
Silicone
Cyanoacrylate
Polyolefin
By Application:
Construction
Automotive
Wood working
Textile
Inquire about Moisture Curing Adhesives Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4595
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