Global Curing Adhesives Market

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


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

Curing Adhesives Market Insights

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 are reactive materials which need chemical reactions for converting them from liquid to solid. The adhesives generally provide high strength, flexible to rigid bond lines that resist temperature, humidity, and others after getting cured. They possess a high range of elasticity and are compatible for bonding with high need to the finished product’s aesthetics. The curing adhesives are commonly used in the electronics manufacturing industry due to their properties and process advantages, which are perfect for the manufacturing needs that are required by the current electronic industry players, which includes environmental and health & safety demands, miniaturization, minimizing total product cost, and manufacturing yield improvement. 

US Curing Adhesives Market is poised to grow at a sustainable CAGR for the next forecast year.

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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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Global Curing Adhesives Market

Report ID: SQMIG15E2365

$5,300
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