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Press Release

Moisture Curing Adhesives Market to Reach 5.77 Billion USD by 2021 : Henkel AG (Germany) and HB Fuller (U.S.) Are the Major Players

The moisture curing adhesives is projected to reach USD 5.77 Billion by 2021, at a CAGR of 7.4% from 2016 to 2021.

This press release was orginally distributed by SBWire

Northrook, IL -- (SBWIRE) -- 10/10/2019 -- The moisture curing adhesives market is expected to grow at a high rate of 7.4% & 7.2% from 2016 to 2021, in terms of value and volume respectively. The global moisture cure adhesives market is rapidly evolving, with the key market players playing a vital role in its development. The global market for moisture cure adhesives is led by players such as, Henkel AG & Co. KGaA (Germany), H.B. Fuller (U.S.), 3M Company (U.S.), Sika AG (Switzerland), Royal Adhesives & Sealants, LLC (U.S.), The Dow Chemical Company (U.S.), Illinois Tool Works Inc. (U.S.), Bostik SA (France), Dow Corning Corporation (U.S.), and Jowat SE (Germany), among others.

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Europe led the moisture cure adhesives market in 2015. The presence of a high end-use industry base, recovery in the construction industry, and increasing investments in infrastructure development drives the moisture cure adhesives market in the region. Moreover, increasing production of automobiles across countries in the region, and rising demand for lightweight vehicles is expected to lead to a significant growth in the demand for moisture cure adhesives.

The growth of the moisture cure adhesives market was largely influenced by mergers & acquisitions, expansions and new product launches during the period, 2013-2017.

Henkel AG & Co. KGaA (Germany) and HB Fuller (U.S.) are the major players in the moisture cure adhesives market. These companies mainly focus on both, organic and inorganic strategies to strengthen their market positions, meet customer requirements, and stay competitive in the market.

Henkel AG & Co. KGaA (Germany) is focusing on expanding its presence through expansions, mergers & acquisitions, and new product developments. In 2016, the company opened a new plant in Transcaucasia to produce construction mixes. This strategic development is in line with the Henkel's aim of expanding its geographic presence within the emerging countries. In 2015, the company entered into an agreement to acquire Novamelt GmbH which is a German based firm and offers a comprehensive product portfolio of hot melt adhesives. The company also introduced white coloured adhesives under its Technomelt PUR business line with the aim to serve the increasing demand for white furniture fronts.

HB Fuller (U.S.) is one of the leading manufacturers and marketers of adhesives, sealants, and other specialty products. The company has a broad moisture cure adhesives product portfolio which is used by several applications such as construction & building, packaging, and wood working, among others. The company adopted strategies such as mergers & acquisitions, new product developments, and investments & expansions to gain a competitive advantage in the market. In 2017, the company acquired the industrial adhesives business of the U.S. based company, Wisdom Worldwide Adhesives which specializes in offering adhesives for assembly markets, paper converting and packaging. In 2016, the company launched a new reactive hot melt PU adhesive i.e. Swift lock 8500 for bookbinding.

The major market players have adapted diversified strategies for the developed and emerging countries. The market in the European region is leading in terms of the demand for moisture cure adhesives. This is mainly due to the increasing production of automobiles across countries in the region, presence of a strong industrial base and increasing investments for infrastructure development.

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Target Audience:
- Manufacturers of moisture cure adhesives
- Manufacturers in end-use industries such as construction, automotive, wood working, packaging, textile and others
- Traders, distributors, and suppliers of moisture cure adhesives
- Regional manufacturers' associations and general adhesives associations
- Government and regional agencies and research organizations

For more information on this press release visit: http://www.sbwire.com/press-releases/moisture-curing-adhesives-market-to-reach-577-billion-usd-by-2021-henkel-ag-germany-and-hb-fuller-us-are-the-major-players-1262412.htm

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Mr. Shelly Singh
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Email: Click to Email Mr. Shelly Singh
Web: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189038281

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