Construction Adhesive Market: Crucial for Supplant Traditional Adhesives, Robust Economic Market Growth by 2024

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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.
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.
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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
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.
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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.
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.
The study is a source of reliable data on:
 Key market segments and sub-segments
 Evolving market trends and dynamics
 Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed value chain analysis.
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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.