Concrete Bonding Agents Market, By Agent, Application, and Geography - Insights, Opportunity Analysis, and Industry Forecast, 2022 - 2028

Concrete Bonding Agents Market, By Agent, Application, and Geography - Insights, Opportunity Analysis, and Industry Forecast, 2022 - 2028

Report Description

Concrete bonding agents are synthetic and natural compounded materials that are used to enhance the bonding strength of a new concrete structure with the old structure without applying mechanical fasteners. These bonding agents are usually used for repair applications such as bonding of new concrete with old or hardened concrete and mixing it with cement repair mortar. This will enhance the strength and maintain the integrity of the old constructed surface.

There are two major types of concrete bonding agents, namely, cementitious latex-based agents and epoxy-based agents. These types of bonding agents are used in various applications such as repairing, flooring, decorative, and marine. Cementitious latex-based agents was the largest segment in the global concrete bonding agents market in 2021, and the trend is expected to remain the same during the forecast period. The key driver for the major preference of these agents by end users is their low cost as compared to epoxy-based agents. Population explosion in Asia Pacific is subsequently fueling growth in residential & commercial construction activities emerging economies in Asia Pacific, Latin America, and Africa are fueling demand for these agents in repairing, flooring, and decorative applications. Moreover, due to the high adhesion they impart when applied onto old or hardened concrete and high compatibility of these agents with Portland cement and other hydraulic cements is a key factor fueling growth of the global concrete bonding agents market at a CAGR of 7.3% during 2017–2025.

Market Dynamics

Most players, especially small-scale companies, in the industrial sector are inclined towards repairing and retrofitting of their existing infrastructure, as opposed to investing in setting up of new facilities. This scenario is especially prevalent in emerging economies of India, China, and Brazil, in turn creating a highly conducive environment for growth of the concrete bonding agents market. Also, major investments made by private and public sector organizations for the repair and restoration of bridges, parking areas, and tunnels, among other public infrastructure provides further impetus for growth of the market. For instance, the government of Alberta has initiated a Strategic Transportation Infrastructure Program (STIP), which will commence during 2017-2018 fiscal year for an estimated budget of US$ 119 million to support rehabilitation and construction of roads and bridges in Alberta’s smaller municipalities. Furthermore, a further investment of US$ 4.6 billion has been sanction the government for highway expansion, safety upgrades and large scale projects such as Edmonton and Calgary Ring Roads.

Asia Pacific, followed by North America and Europe is expected to dominate the market in 2021 and the trend is expected to remain the same during 2017 - 2028. Continuous infrastructure development and the growing need for building new houses due to increasing population in China and India, results in a major demand for repairing, flooring, and decorative applications. This in turn, is projected to position Asia Pacific as the largest and fastest-growing region in the global concrete bonding agents market. The market in Latin America too, is expected to witness a CAGR of 7.5% in terms of value, during the forecast period.

Market Taxonomy

This report segments the global concrete bonding agents market on the basis of agent and application. On the basis of agent, the market is segmented as cementitious latex based agents and epoxy based agents. On the basis of application, the global concrete bonding agents market is segmented as repairing, flooring, decorative and marine. However, repairing is the largest application segment, accounting for over 40% share of the global concrete bonding agents market in 2021, while, decorative is projected to be the fastest growing application segment and expected to grow at a CAGR of 8.2% in terms of revenue during the forecasted period.

Key features of the study:

• This report provides in-depth analysis of the global concrete bonding agents market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2022-2028), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global concrete bonding agents market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
• Key companies covered as part of this study include Sika AG, Fosroc International Ltd., BASF SE, Saint-Gobain Weber S.A., Mapei S.p.A., Dow Construction Chemicals, Lafarge Holcim, The Euclid Chemical Company, GCP Applied Technologies Inc, Dow Corning Corporation, and The Quikrete Companies, Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, technology upgrade, market expansion, and marketing tactics
• The global concrete bonding agents market report caters to various stakeholders in this industry, including investors, raw material manufacturer, end-users, distributors, new entrants, and financial analysts
• Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the concrete bonding agents market

Detailed Segmentation:

• Global Concrete Bonding Agents Market, By Agent:
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• Global Concrete Bonding Agents Market, By Application:
• Repairing
• Flooring
• Decorative
• Others
• Global Concrete Bonding Agents Market, By Geography:
• North America
• U.S.
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Canada
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Europe
• UK
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Germany
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Italy
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• France
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Russia
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Rest of Europe
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Asia-Pacific
• China
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• India
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Japan
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• ASEAN
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Australia
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• South Korea
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Rest of Asia Pacific
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Latin America
• Brazil
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Mexico
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Rest of Latin America
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Middle East
• GCC
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Israel
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Africa
• North Africa
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Central Africa
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• South Africa
• By Agent
• Cementitious Latex Based Agents
• Acrylic
• SBR
• Polyvinylacetate
• Non Re-emulsifiable
• Re-emulsifiable
• Epoxy Based Agents
• Others
• By Application
• Repairing
• Flooring
• Decorative
• Others
• Company Profiles
• Sika AG *
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Fosroc International Ltd.
• DOW Corning Corporation
• GCP Applied Technologies, Inc.
• The Euclid Chemical Company
• Saint-Gobain Weber S.A.
• Mapei S.P.A.
• BASF SE
• Lafargeholcim
• The DOW Chemical Company
• The Quikrete Companies

“*” marked represents similar segmentation in other categories in the respective section.

Note- We will profile top 10 companies’ profiles. Also, we will provide the exhaustive list of domestic players for every region.