Global construction adhesives market is driven by the growing infrastructure and construction industry. Construction adhesives has a wide range of applications in the construction industry due to their varied properties.
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Construction Adhesive Industry Trends and key Insights by 2024
1. Transparency Market Research
Construction Adhesive Market - Global
Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024
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2. A new research report by Transparency Market Research offers a comprehensive evaluation of the global Construction Adhesive
Market. The study, titled “Construction Adhesive Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2016 - 2024”, is available for sale on the firm’s website.
Global Construction Adhesive Market: Overview
Construction adhesives have helped to supplant traditional adhesives that include contact cements, wood glues, and traditional
physical fixings, namely screws and nails. Construction adhesives find application in construction, renovation, and in adding finishing
touches to homes. They steal a march over traditional adhesives with their ability to dry up within 24 hours, waterproof nature, and
flexibility even after drying. On account of their unique perceived benefits, they witness a wide use in the construction industry.
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Based on product, construction adhesives can be divided into solvent borne, water borne, reactive, and others. They are usually
available in squeeze tubes, cans, and caulking tubes. There are two ways in which construction adhesives are applied – in beads or in
full coverage. In beads, for example, lines of adhesive are put on the surface with a caulking gun. This is a very cost-effective method
and is typically employed in attaching large, flat materials to large, flat surfaces such as attaching drywall to studs, wood paneling to
any smooth wall, etc.
For gluing small materials, namely floor tiles and ceramic tiles, or where a complete solid surface is needed, which includes almost all
flooring applications with exception to carpet over padding and some varieties of vinyl flooring, full coverage is leveraged. Zeroing in
on the appropriate construction adhesives is crucial for successful application as construction adhesives.
The global market for construction adhesives is fragmented with numerous players competing with each other for higher market share.
Most players are now targeting the underpenetrated emerging economies that hold out strong growth potential. The Transparency
Market Research report studies the market from different angles to present a comprehensive overview of it, including its growth
prospects.
Global Construction Adhesive Market: Drivers and Trends
REPORT DESCRIPTION
3. Supercharged growth in construction activities and infrastructure building on account of the rapid pace of urbanization worldwide has
majorly contributed to the global market for construction adhesive. The growing adoption of construction adhesives for commercial as
well as housing applications is likely to boost their uptake in the forecast period between 2016 and 2024. This, coupled with their
affordable prices and ease of use, will augment the demand even more. In the years to come, with superior production techniques due
to technological progress, the market would continue to tread on a steady growth path.
A major factor acting as a roadblock to the growth in the global market for construction adhesive is the unstable prices of raw
materials. A recent noticeable trend in the market is the rising use of bio-based, eco-friendly construction adhesives on account of the
increasing concerns about the environment among discerning consumers and strict policies framed by agencies such as the European
Union and United States Environmental Protection Agency.
Global Construction Adhesive Market: Geographical Outlook
Geographically, the global construction adhesive market can be segmented into Asia Pacific, North America, Latin America, Eastern
Europe, Western Europe, and the Middle East and Africa. Among them, Asia Pacific, powered by India and China, holds a dominant
share in the market because of the rising spend on commercial and residential construction and massive infrastructure building in the
region. This in turn is brought about by the robust economic growth in the region. The demand for bio-based adhesives is also fueling
an uptick in the demand in Asia Pacific. This upswing in the Asia Pacific market is predicted to continue in the coming years as well.
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Other developing economies, namely Brazil, South Africa, Saudi Arabia, Israel, Egypt, and Argentina, among others, also hold out a
lot of promise in terms of growth due to the ever increasing construction activities in the nations. North America trails Asia Pacific in
the global market for construction adhesive. The market in North America has been primarily bolstered by the robust demand from the
U.S. Europe follows North America and is predicted to exhibit a lackluster growth in the coming years owing to the market being
saturated already.
Key Players Mentioned in the Report
To present a thorough assessment of the competition prevailing in the global market for construction adhesive, the TMR report
profiles companies such as Henkel AG & Co., Sika AG, 3M Company, the Dow Chemical Company, and H.B. Fuller among others.
The report outlines their key product offerings, sales, revenues, and market shares.
Major geographies analyzed under this research report are:
• North America (U.S. and Canada)
4. • Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
• Middle East and Africa (GCC, Southern Africa, North Africa)
This report gives you access to decisive data such as:
• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for the coming years
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