According to a market report, published by Sheer Analytics and Insights, The global dual cure adhesive market was valued at $230.2 billion in 2021 and it is expected to reach $469.8 billion at a CAGR of 6.3% between 2022 and 2032. Curing is a chemical procedure used in polymer chemistry and process engineering that causes a polymer to become tougher by cross-linking its chains. A nonmetallic material called adhesive is used to adhere two unrelated objects together by being applied to their surfaces. Typically, curing is carried out with or without additives. Construction and the automobile industry are just two examples of the many industries where curing adhesives are used. The ability of curative agents to connect a variety of materials, including fiber, glass, metals, and wood, is employed in furniture, textiles, and automotive spare parts. The market for curing adhesives is anticipated to be driven by rising technological development, digitization, and dependence on electronic devices.
The need for curing adhesives in the construction and automotive industries is on the rise. Adhesives are extensively used in the production of automobiles as well as in the gluing of roofing, flooring, and tiling materials. Additionally, their capacity to absorb ambient moisture, which prevents corrosion, is a significant element propelling the market expansion of moisture-curing adhesives. Depending on the application and formulation, they can be either rigid and hard or flexible and soft. These primary factors are estimated to drive market growth during the forecast period from 2022 to 2032.
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Furthermore, the development of moisture-curing adhesive hot melts is one of the most recent market advancements. They aid in enhancing the heat resistance of the adhesives to preserve the hot melts' original strength. This will increase demand across the board during the projection year. Dual cure glue undergoes a primary UV light cure before moving on to a subsequent thermal cure that can be completed at temperatures as low as 80°C. This dual cure method is advantageous for some bonding, coating, sealing, and micro-encapsulating applications. Hence, these would create more growth opportunities for the dual-cure adhesive market across the globe.
All-in-one adhesives that combine etching, priming, and bonding are known as one-step self-etch adhesive systems. These adhesives come with a single solution that contains acidic functional monomers, hydrophobic monomers, water, and organic solvent. Additionally, although the population of older individuals is already aging at a quick rate, it does so at an even faster rate. Populations are aging quickly. According to UN predictions, there would be 434 million oldest-old people by the end of the next three decades, which is treble the current level of 125 million.
Some new developments in the global dual cure adhesive market:
- On 15th November, 2022, In order to provide various new resins, Henkel and Carbon announced the expansion of their strategic partnership. These resins are anticipated to be made accessible on the Carbon idea-to-production platform in 2023. It was developed for industrial, consumer, and automotive product designers and engineers who require a quick and simple method to print moulds, fixtures, and manufacturing equipment with smooth surfaces and precise measurements.
- On 26th September, 2022, new adhesive with additional moisture after curing is created by Panacol. This glue delivers secondary moisture post-curing in addition to its main curing, which is UV crosslinking. This means that even if shadow zones are present in component cavities, components in medical devices can be cured in a process-safe way and without heat effect.
According to the study, key players dominating the global dual cure adhesive market are 3M Company (U.S), Avery Dennison (U.S), Arkema (France), Addison ClearWave (U.S), Dymax Corporation (U.S), Dow (U.S), Delo Industrial Adhesives (Germany), Franklin International (U.S), Hernon (U.S), H.B Fuller (U.S), Henkel (Germany), Illinois Tool Works (U.S), Jowat (Germany), Permabond (U.K), Pancol-Eloson (Germany), Sika AG (Switzerland), Silicone Solutions (U.S), Tosoh (Japan), among others.
The Global Dual Cure Adhesive Market Has Been Segmented Into:
The Global Dual Cure Adhesive Market – by Product Type:
- UV Curing Adhesives
- Moisture Curing Adhesives
- Thermal Curing Adhesives
- Others
The Global Dual Cure Adhesive Market – by Application Type:
- Automotive
- Construction
- Electrical and Electronics
- Others
The Global Dual Cure Adhesive Market – by Regions:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- France
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Australia
- Rest of Asia Pacific
- LAMEA
- Middle East
- Saudi Arabia
- UAE
- Others
- Latin America
- Brazil
- Chile
- Others
- Africa
- South Africa
- Egypt
- Other
Browse the full report at https://www.sheeranalyticsandinsights.com/market-report-research/dual-cure-adhesive-market-21
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