Construction Adhesive Market Material Estimates, Sales Channel Analysis & Prominent Companies

Felton, Calif., USA, July. 08, 2021 — /EPR Network/ —

The global Construction Adhesive Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global construction adhesive market size is anticipated to value at USD 14.04 billion by 2025, during the forecast period. The market is subject to showcase a substantial growth due to the rising adoption of construction adhesive during construction of commercial and residential building and apartments.

Key Players:

• B. Fuller
• 3M Company
• Sika AG
• The DOW Chemical Company
• Bostik SA (Arkema Group)
• Henkel AG & Company, KGaA
• Dap Products, Inc.
• Franklin International, Inc.
• Illinois Tool Works Incorporation
• Avery Dennison Corporation

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Growth Drivers:

Some of the critical factors responsible for propelling growth of the construction adhesive market are growing demand in a wide range of construction materials and infrastructure development activities. Other factors such as rising investment by industry leaders for the development of the construction adhesives to reduce cost associated with manufacturing are spurring growth of the market over the forecast period.

Application Outlook:

• Residential
• Commercial
• Industrial

Application of the construction adhesives involves roofing, water-proofing, floor covering, lining, cladding, and fencing among others. Substantial growth of the construction sector majorly in the developing economies is one of the key factors for sustained growth of the construction adhesive industry. With the recent technological advancement coupled with exhibition of exclusive architectural designs are attributing to expansion of the market in recent years. Globally, the construction adhesive market is predicted to grow at CAGR of 5.6% in forecast period, providing numerous opportunity for market players to invest for research and development in the market.

Some of the common application in the construction unit for green building and apartments include roofing, water-proofing, fencing, pipe & fittings, windows and frames. Longer life span and lower costs associated with construction adhesives are driving their popularity among consumers and construction companies. Adoption of construction adhesives being an essential element in the architectural designs and renovation of existing apartments fuels the market demand in recent years.

Resin Type Outlook:

• Acrylic Adhesive
• Polyurethanes
• Polyvinyl Acetate
• Epoxy

Technology Outlook:

• Water based
• Solvent based
• Reactive & Others

Regional Outlook:

The construction adhesives market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America and Europe have shown major growth in recent years owing to the rise adoption of latest technologies, preference towards bio-based raw materials, implementation of latest techniques involving use of water-based technology and presence of prominent industry players in the region.

Countries such as India, China, Sri Lanka, and Bangladesh are leading the Asia-Pacific market with growing personal expenditure, adoption of organic solvents and substantial investment by market players considering future opportunities.

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