Curing Adhesives Market Size, Share & Industry Analysis, By Resin (Epoxy, Polyurethane, Acrylate, Silicone, Others), By Product (UV Curing Adhesives, Moisture Curing Adhesives, Thermal Curing Adhesives, Others), By Application (Automotive, Construction, Electrical & Electronics, Others) and Regional Forecast, 2024-2032

Curing is a chemical process for polymer chemistry and process engineering which produces toughening or hardening of a polymer by cross-linking of the polymer chains. Adhesive is a non metallic substance which is applied to surfaces of two different items that binds them together. Curing are ususally done with or without additives. Curing adhesives have various application industries such as automotive and construction industries. The capability of curative agents for bonding of various substances such as fiber, glass, metals, wood, are used in automobile spare parts, textile, and furniture applications. Increasing demand from these industries is expeted to spport the market growth for curing adhesives.

The market for curing adhesives is driven by the rising demand from the automotive and cosntruction industries. Adhesives have major application during manufacturing of automobile, and glueing of building materials such as tiles, flooring, roof. Additionally, growing technological advancement, digitilasation, and increasing electronical dependence is expected to drive the market for curing adhesives.

Key Market Driver -

Rising demand from automotive and construction industries

Key Market Restraint -

High prices of raw materials

The market curing adhesives will be affected due to high prices of raw materials. Curing adhesives are made from polymers such as epoxy and polyurethane which have fluctuating prices, which is expected to have adverse impact on the curing adhesives market. Moreover, governmental regulations over environmental concerns also affect the market growth, thus restraining the market for curing adhesives.

Market Segmentation:

Based on resin, the market for curing adhesives is segmented into epoxy, polyuretahne, acrylate, silicone, and others. Based on product, the market is segmented into UV curing adhesives, moisture curing adhesives, thermal curing adhesives, and others. Based on application, the market is segmented into automotive, construction, electrical & electronics, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Curing Adhesives Market Key Players Covered:

The global curing adhesives market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the curing adhesives market includes Henkel AG & Co., H.B. Fuller, Bostik SA, 3M Company, Dow Corning, Dymax Corporation, Jowat SE, and Tosoh, Arkema Group, Sika, and Others.

Key Insights

• New Advancements in Production Technologies


• Key Trends in the Curing Adhesives Markets market


• New Product Launches, Expansions, Key Players


• Ranking of Key Players in the Market

Regional Curing Adhesives Market Analysis:

The curing adhesives market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region dominates the curing adhesives market in terms of both consumption and production. The growing automotive and construction industries in growing economies such as China, India, and South Korea. New product launches is expected to support the market growth for consuctive polymers market. In North America and Europe, growing technological advancement in the region is augmenting the market growth.

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Growing dependence on electronics devices is driving the market for curing adhesives market. Moreover, the adoption of curing adhesives for application in the automotive industry industry is supporting the growth of the market in the region. The consumption of curing adhesives market is also increasing in Latin America and Middle East & Africa due to growing urbanisation and growing disposable income among the consumers to drive the market growth. Moreover, availability of raw materials and construction industry is further augmenting the market growth.

Segmentation

Conductive Polymers Market Developments

• In April 2018, Biesterfeld expanded its partnership with Dymax in regard to light-curing industrial adhesives. The company also takes over distribution channels of Dymax in Europe. The partnership will help the company expand on global level, also fulfil the consumer demand.


• In January 2020, Echsil introduced a fluorescing orange UV curing product specially designed for bonding plastics. The product named Vitralit 7311 FO is a transparent acrylic adhesive which cures under UV light and also offers bond strength to plastics such as PVC, PC, ABS, and PMMA, also glass and stainless steel.