Construction Adhesive Market Size & Forecast Report, 2014 - 2025

Report ID: MN17617494  |  Published: September 2017  |  No of Pages: 125
Format: Electronic (PDF)  |  Industry: Chemicals & Materials

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 substantial growth due to the rising adoption of construction adhesive during the construction of commercial and residential buildings and apartments. Some of the critical factors responsible for propelling the 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 costs associated with manufacturing are spurring the growth of the market over the forecast period.

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

Some of the common applications in the construction unit for green buildings 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.

One of the key segments of the construction adhesives market is acrylic adhesive, rising demand for this product is attributed to numerous advantages over other market segments. Changing trends in the conventional construction methods due to rapid urbanization, ever-changing lifestyles, growing safety measures, and increasing living standards are contributing to the growth of the construction adhesive industry in the coming years.

Construction adhesive is essential in the bonding of two distinct materials together during the construction cycle and renovation of existing buildings. A common application of the general-purpose construction adhesive includes affixing drywall, tiles, modeling, and attachment to roof-tops, windows, and floors. Construction adhesives are used in the combination with a caulking gun. The use of construction adhesive varies as per external factors such as the temperature changes and moisture in the atmosphere.

Construction adhesives that are used in the interior are not preferred in exterior construction due to variations in the temperature and humidity level in the atmosphere. Construction adhesives are largely used for the beads and full coverage. Beads signify the array of the adhesive that is applied simultaneously along with the use of the caulking gun on the surface area of the flooring or window frames. The application of the beads is considered one of the most economical, as it is mainly utilized for the gluing of large-sized, flat materials with large flat surfaces. The beads are also implemented in the installation of plastic tubs surrounding drywall or ceramic tile.

The construction adhesives market is divided into regional market segments 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 the use of water-based technology, and presence of prominent industry players in the region.

Asia-Pacific region is predicted to hold a major market share in the construction adhesive industry with massive growth in the forecast period. 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.

The key players in the construction adhesives industry are H.B. Fuller Company, The 3M Company, Sika Group, Dow Co., Bostik Adhesive Technologies, Henkel Corporations, Dap Products, Inc., Franklin International, Illinois Tool Works, Inc., and Avery Dennison Co.

Market Segment:

Resin Type Outlook (Volume, Thousand tons, Revenue, USD million; 2014 - 2025)
    • Acrylic Adhesive
    • Polyurethanes
    • Polyvinyl Acetate
    • Epoxy
    • Others

Technology Outlook (Volume, Thousand tons, Revenue, USD million; 2014 - 2025)
    • Water-based
    • Solvent-based
    • Reactive & Others

Application Outlook (Volume, Thousand tons, Revenue, USD million; 2014 - 2025)
    • Residential
    • Commercial
    • Industrial

Regional Outlook (Volume, Thousand tons, Revenue, USD million; 2014 - 2025)
    • North America
        • the U.S.
        • Canada
        • Mexico
    • Europe
        • Germany
        • the UK
        • France
    • the Asia Pacific
        • China
        • Japan
        • India
    • Middle East & Africa
    • Central & South America

What questions do you have? Get quick response from our industry experts. Request More information
Key questions answered in the report include
key questions
We also offers customization on reports based on specific client requirement.
Request for Customization

Choose License Type

Research Assistance

Ryan Manuel
Ryan Manuel

Research Support Specialist, USA

  1. Phone: +1-408-610-2300
  2. Toll Free: +1-866-831-4085
  3. Email: [email protected]
Connect With Expert
  • World's largest premium report database
  • Transparent pre & post sale customer engagement model
  • Unparalleled flexibility in terms of rendering services
  • Safe & secure web experience
  • 24*5 Research support service

Get a Free Sample

FREE sample contains market data points, ranging from trend analyses to market estimates & forecasts. See for yourself...