Construction Adhesive Market Growth Factors, Company Profile Analysis, Research Methodology and Forecast to 2026
This comprehensive report on the construction adhesive market provides a detailed analysis of the industry's size, share, demand, growth, gross profits, earnings, and revenue. It assesses the compiled data to offer an extensive overview of trends and predicts potential developments within the projected timeframe. The historical data used in this study covers the years 2016 and 2017, with 2018 as the baseline year for estimating industry growth from 2019 to 2026.
Valued at over USD 8 billion in 2016, the construction
adhesive market is expected to surpass USD 14 billion by the end of 2025.
Construction adhesives are versatile adhesives commonly available in tubes for
application with a caulking gun. They are utilized to affix drywall, tiles, and
common materials to walls, ceilings, or floors. Available in various forms such
as solid blocks, paste, and liquid, these adhesives are composed of materials
like Acrylic Resins, clay, Cement, Polyurethane monomers, and other non-polar
Solvents. These components are combined with various initiators and additives.
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Among product categories, acrylic adhesives dominate the
market due to their application in manufacturing textiles and furnishings, as
well as their effectiveness on diverse surfaces like wood, metal, glass, and
waterproof materials. The polyurethane segment follows closely, poised for
significant growth due to its properties like rapid curing, strong bonding, and
low Formaldehyde emissions. These qualities position polyurethane as a
cost-effective alternative to high-cost acrylic products for similar
applications.
In terms of formulation technology, the waterborne segment
leads the way, largely due to its extensive use in the packaging and printing
sector. An advantage of waterborne adhesives is their lack of VOC emissions,
which are harmful to both humans and the environment, a drawback associated
with many solvent-based adhesives. Looking at end-user sectors, the residential
sector holds the largest volume, trailed by infrastructure, which is
anticipated to experience substantial growth in the forecast period. The surge
in the residential sector is attributed to population growth and increased
housing demand. The Asia Pacific region is a major player in the global market
and is projected to expand significantly due to heightened construction
activities and adhesive adoption.
The Asia Pacific market contributes to around 40% of global
construction costs, with China as a major contributor. Regulatory restrictions
in European and North American countries, concerned with health and
environmental safety, pose a challenge to the construction adhesive market.
This has prompted global manufacturers to adhere to regulations and invest more
time, affecting production capacities in these regions.
Key insights from the construction adhesive market forecast
report include an examination of market prospects. Historical data from 2016
and 2017, with 2018 as the base year, inform trends from 2019 to 2026. The
industry is categorized based on resin type (Acrylic, PVA, PU, Epoxy, Others),
formulation technology (Waterborne, Solventborne, Others), and end-user sector
(Residential, Non-Residential, Infrastructure, Others). This categorization
assesses size, share, demand, trends, gross profit, earnings, revenue, and
potential developments. The report also evaluates competition among key players
in the global sector, identifying sectors poised for substantial growth and
investment potential.
A global overview of the construction adhesive market
indicates a steady forecasted rise, influenced by various factors detailed in
this study. Key players, who significantly impact the industry's global
economy, are engaging in mergers and acquisitions with smaller regional players
to expand opportunities. Major players include Henkel AG & Company, SIKA
Group, 3M, Bostik SA, H.B. Fuller Company, and The Dow Chemical Company. The
report profiles geographical regions such as North America, Europe, Asia Pacific,
Latin America, Middle East, and Africa. Competitive data enhances insights into
company standings within the global landscape, while forecasted trends in
demand and their effects on businesses are provided.
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