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Global moisture curing adhesives market report 2018-2022

tile ARTThe global moisture curing adhesives market to grow at a CAGR of 7.41% during the period 2018-2022.

This report has been prepared based on an in-depth market analysis with inputs from industry experts. Covering the market landscape and its growth prospects over the coming years, while including a discussion of the key vendors operating in this market.

One trend in the market is growing technological advances. Moisture curing hot-melt adhesives are mainly used in various applications, such as concrete bonding in buildings. The setting and the durability of the bond is not affected by the humidity, moisture, and other environmental conditions. This makes hot-melt adhesives appropriate for outdoor applications. Furthermore, hot-melt adhesive offer properties such as quickly set and initial strength.

According to the report, one driver in the market is rising infrastructural government projects. Moisture curing adhesives are widely used in bonding substrates such as marble and concrete. The global construction industry is growing at a faster pace, owing to the major contribution from emerging countries. In 2016, in terms of revenue, the global construction market was valued $8.82 trillion, and it was $7.91 trillion in 2012.

Further, the report states that one challenge in the market is application drawbacks. Moisture curing adhesives are used in substrates such as wood, metals, rubbers, cured epoxy, leather, tile and glass, plastics, concrete, and brick. But these moistures curing adhesives cannot be applied on polypropylene, polyethylene and a substrate with a combination of both.

Source: https://www.prnewswire.com/news-releases/global-moisture-curing-adhesives-market-report-2018-300614026.html