Market Size of Moisture Curing Adhesive Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Moisture Curing Adhesives Market Analysis
The market for moisture curing adhesives is expected to grow at a CAGR of about 5% globally during the forecast period. Growing demand from the construction industry and increasing demand from the automobile industry are driving the market. On the flip side, stringent environmental regulations coupled with unfavorable conditions arising due to the COVID-19 outbreak are hindering the market growth.
- The moisture curing adhesive market is expected to grow during the forecast period due to the increasing demand from the building & construction sector.
- Asia-Pacific region to dominate the market across the globe with the largest consumption from countries such as China and India.