What is the global market size of Curing Adhesives Market?

Global Curing Adhesives Market size was valued at USD 44.29 million in 2021 and is poised to grow from USD 46.68 million in 2022 to USD 71.10 billion by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).

Curing Adhesives Market Size, Share, Growth Analysis, By Product(UV curing adhesives, moisture curing adhesives, and thermal curing adhesives), By Resin(Epoxy, silicone, polyurethane, acrylate), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Curing Adhesives Market?

Global curing adhesives market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'KGaA', 'Henkel AG & Co.', 'H.B. Fuller', 'Bostik SA', '3M Company', 'Jowat SE', 'Dow Corning', 'Tosoh', 'Dymax Corporation', 'Ashland Inc.', 'BASF'

Report ID: SQMIG15E2365 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 65 | Figures: 66

Curing Adhesives Market Regional Insights

Asia Pacific region held the largest share of the global curing adhesive market in 2021 and expected to retain the largest consumer due to the rising product utilization in construction and electronic industries in the region. Also, the demand in this region is expected to reach a net volume crossing 2,560 kilo tons by 2028.

The North America region is also expected to grow at a significant rate over the forecast period because of rising innovation and technological investments in the region. The stringent regulations regarding the usage of toxic chemical formulations in curative bonding agents in the region is further anticipated in driving the demand for naturally derived products over the forecast period.

Europe is expected to witness average growth rate because of certain stringent regulations by the government of the United Kingdom and Germany for the use of VOC-free raw materials to produce curing adhesive.

The MEA and Latin America are, however, anticipated to grow fast over the said forecast period on account of rising electronic and technological advancement, in countries like Brazil and South Africa.

Curing Adhesives Market Report Snapshots

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Curing Adhesives Market size was valued at USD 44.29 million in 2019 and is poised to grow from USD 46.68 million in 2023 to USD 71.10 billion by 2031, growing at a CAGR of 6% in the forecast period (2024-2031).

curing adhesives market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'KGaA', 'Henkel AG & Co.', 'H.B. Fuller', 'Bostik SA', '3M Company', 'Jowat SE', 'Dow Corning', 'Tosoh', 'Dymax Corporation', 'Ashland Inc.', 'BASF'

Stringent regulations and emission control systems by various governing bodies are predicted to hamper the growth of the curing adhesives market during the aforementioned forecast period.

The electronics manufacturing industry is using curing adhesives in many key areas such as wire and parts tacking, strain relief, tamper-proofing, coil terminating, temporary masking, structural bonding, encapsulation, potting, conformal coating, surface mount component attachment, and glob topping.

Asia Pacific region held the largest share of the curing adhesive market in 2021 and expected to retain the largest consumer due to the rising product utilization in construction and electronic industries in the region. Also, the demand in this region is expected to reach a net volume crossing 2,560 kilo tons by 2028.

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Curing Adhesives Market Size, Share, Growth Analysis, By Product(UV curing adhesives, moisture curing adhesives, and thermal curing adhesives), By Resin(Epoxy, silicone, polyurethane, acrylate), By Region - Industry Forecast 2024-2031

Curing Adhesives Market Regional Insights

Curing Adhesives Market Report Snapshots

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What is the market size of Curing Adhesives Market?

Who are the key vendors in the Curing Adhesives Market?

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