Construction Adhesives Market By Resin Type (Acrylic, Polyvinyl Acetate (PVA), Polyurethanes (PU), Epoxy, Others), By Technology (Water based, Reactive, Solvent based, Others), By Application (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global construction adhesives market was valued at $9.6 billion in 2021, and is projected to reach $16.9 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031.
Construction adhesives are specially formulated adhesives that are used to bond and join different types of construction materials, such as wood, metal, plastic, concrete, and others. They are an essential component in construction projects and are used to create structures that are stronger, more resilient, and more efficient. Common uses of construction adhesives include installing flooring, attaching baseboards and crown molding, bonding drywall, and other applications that require increased strength and stability. Construction adhesives can be solvent-based or water-based and are available in a range of formulations to suit different materials and applications.
Construction adhesives are used to bond wood materials together, providing a strong, permanent bond that can withstand the stresses of use and exposure to environmental factors. They are used in a wide range of building and construction applications, such as flooring, tile and stone installation, roofing, window and door installation, insulation, and concrete and masonry work. They provide an effective means of bonding and sealing materials together, which can help to improve the safety, durability, and energy efficiency of buildings. They can also be used to seal connections between pipes and fittings, helping to prevent leaks and ensuring that the system remains watertight.
Construction adhesives are chemical formulations used to adhere to materials ranging from common household items to construction materials. They are a blend of synthetic rubber and resins, inorganic fillers, coloring, and preservative compounds borne in a specially selected blend of organic solvents designed to be compatible with and strongly bond to the most common building materials. Construction adhesive is used in the concrete, plaster, or panel substrate with a flat trowel to deposit a thick coat (1 to 2 mm) that flattens the wall surface. Water resistance is provided by construction adhesives, allowing adhesives to be used in wet rooms such as kitchens, bathrooms, and even shower rooms. Non-structural construction adhesive are used to bond decorative materials such as floor and wall coverings, as well as other materials that do not require extremely high strength.
The construction adhesives market is bifurcated into resin type, technology, end-use industry, and region. On the basis of resin type, the market is categorized into acrylic, polyvinyl acetate, polyurethanes, epoxy, and others. On the basis of technology, the market is categorized into water-based, reactive, solvent-based, and others. On the basis of end-use industry, it is categorized into residential, commercial, and industrial. Region-wise the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
By technology, water-based segment dominated the global noise, vibrations and harshness material market in 2021. Water-based adhesives are beneficial in a wide range of building and construction applications, such as partitions and insulating panels. Water-based adhesives are adaptable and can be utilized in a variety of building and construction applications, including partitions and insulating panels. They used to construct the walls, ceilings, and floors of houses and small commercial structures. In composite sandwich panels with EPS insulation as the core, water-based expanded polystyrene (EPS) panels function as an insulation panel. Water-based adhesives can be used to insulate cavity walls, ducts and floors, fill voids, raise floors, and package goods.
In addition, the report covers profiles of key industry participants such as 3M, ARDEX AMERICAS, BASF SE, DAP Global Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman International LLC, MAPEI S.p.A., Permabond LLC., and Sika AG. These players are adopting several growth strategies to strengthen their position in the market. In 2021, MAPEI S.p.A. launched a new tile adhesive for the Kerabond family called Kerabond Plus. Kerabond Plus is a cementitious, improved adhesion, extended open time adhesive for ceramic and porcelain tiles, classified as C2E. It formed part of the Kerabond family and is a cost-effective choice, particularly for tile installations on floors.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the construction adhesives market analysis from 2021 to 2031 to identify the prevailing construction adhesives market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the construction adhesives market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global construction adhesives market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
Residential
Commercial
Industrial
By Resin Type
Acrylic
Polyvinyl Acetate (PVA)
Polyurethanes (PU)
Epoxy
Others
By Technology
Water based
Reactive
Solvent based
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Huntsman International LLC
DAP Global Inc.
MAPEI S.p.A.
Sika AG
3M
ARDEX AMERICAS
Permabond LLC.
BASF SE
Henkel AG & Co. KGaA
H.B. Fuller Company
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