Moisture Curing Adhesives Market - By Type (Polyurethane Adhesives, Silicone Adhesives, Hybrid Adhesives, Others), By Substrate (Metal, Plastics, Glass, Wood, Composite Materials, Others), By End-user & Forecast, 2023 - 2032

Moisture Curing Adhesives Market - By Type (Polyurethane Adhesives, Silicone Adhesives, Hybrid Adhesives, Others), By Substrate (Metal, Plastics, Glass, Wood, Composite Materials, Others), By End-user & Forecast, 2023 - 2032

Moisture Curing Adhesives Industry size is estimated to record a CAGR of over 8.3% during 2023 and 2032, driven by the rising demand from the construction sector. These adhesives are valued for their ability to bond various construction materials, including metals, plastics, and composites.

Additionally, moisture curing adhesives are widely used in automotive manufacturing, offering benefits such as fast curing times and robust bonding. The continuous innovation in terms of lightweight materials and advanced manufacturing processes in the automotive sector will shape the industry dynamics. For instance, in October 2023, DELO launched an adhesive that is optimized to meet the high optical requirements of modern driver assistance systems. With it, the adhesive manufacturer set alignment accuracy and new process speed standards for automotive cameras.

The worldwide moisture curing adhesives market is classified based on type, substrate, end-use & region.

Plastic substrate segment is slated to gain momentum and record a strong CAGR through 2032, favored by its widespread use in various industries. The versatility and lightweight nature of plastic substrates make them integral in packaging as well as electronics. The product offers a reliable solution for bonding plastic surfaces, addressing the demand for effective adhesion in the assembly of plastic components.

Speaking of end-use scope, aerospace segment is anticipated to observe a significant CAGR during 2023 and 2032 owing to stringent performance requirements and specific operational needs. There is a requirement of adhesives that can withstand extreme conditions, including varying temperatures, high stress, and exposure to harsh environmental elements. As the moisture curing adhesives meet these needs, there are extensively used for aerospace applications.

Asia pacific moisture curing adhesives industry share will grow substantially between 2023 and 2032, favored by increasing focus on sustainability and environmental regulations. The surge in R&D activities within the region contributes to the introduction of innovative formulations, catering to diverse industrial needs. These factors, along with focus among producers to expand the consumer base are fostering the regional market growth.