Curing adhesives are agents used in bonding separate components made from metal, glass, or plastic. Methods used by curing adhesives to join discrete parts turn the liquid to solid by hardening the object and obtaining the desired cure. Major applications of these adhesives include electronics and electrical, woodworking, medical, automotive, and medical. Development of instant curing adhesives has improved the bonding time and production cycle of various processes in automotive and electronics sectors.
Increased Focus on Curing Speed of Adhesives
Increased Focus on Curing Speed of Adhesives
Types of curing adhesives include thermal cure, Ultraviolet (UV) cure, and moisture cure. The moisture cure adhesive segment was valued at USD 3.96 billion in 2016 on account of its high use in construction and automotive sectors. It prevents corrosion of metals by absorbing the moisture in the air. The demand for lightweight automotive components is expected to benefit moisture curing adhesive manufacturers. It can be used to connect fiber strengthened composite parts and create compact vehicle structures that provide superior performance.
The UV cure adhesive segment is expected to expand at a CAGR exceeding 6.4% over the forecast period (from 2018 to 2025) due to its application in automotive and electronics sectors. The electromagnetic waves emitted by UV lights can eliminate harmful bacteria. This is extremely beneficial for the producing sterilized devices to be used in the medical sector. For instance, the Loctite UV adhesives by Henkel are suitable for producing glass and acrylic products.
Market Outlook
According to a report published by Grand View Research, Inc.; the global curing adhesives market is predicted to reach a valuation of USD 18.8 billion by 2025, growing at a CAGR of 7.8% over the forecast period. Demand for curing adhesives from construction and automotive sectors is expected to benefit market growth in the coming years. The inclusion of eco-friendly solutions to produce future adhesive formulas is anticipated to open up new avenues for the market growth. Some of the key companies in the global market include Dow Corning, The 3M Company, H.B. Fuller Company, and Henkel Adhesives.
In-Depth Research Report On Curing Adhesives Market:
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