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Construction Adhesives Market Report 2023-2032: Demand, Size, Revenue Analysis, Trends And Insights | 3M, Adhesives Technology Corporation, Arkema, Avery Dennison Corporation, DAP Products Inc
Construction Adhesives Market
The Business Research Company's Construction Adhesives Global Market Report 2023 identifies increase in construction activities as the major driver for the Construction Adhesives market's growth in the forecast period. Construction is the process of putting together materials to create enormous structures. The increasing construction activities for residential and non-residential buildings are promoting the construction adhesives market's growth.
The global construction adhesives market size grew from $10.26 billion in 2022 to $11.23 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global construction adhesives is expected to grow to $15.09 billion in 2027 at a CAGR of 7.7%.
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Major competitors in the Construction Adhesives market are 3M, Adhesives Technology Corporation, Arkema, Avery Dennison Corporation, DAP Products Inc.
A key trend in the Construction Adhesives market includes Construction companies. Growing awareness of environmental problems and diminishing fossil resources has led to the development of bio-based adhesives that have a low carbon footprint and can attach well to a variety of substrates. The bio-based adhesives consist of renewable, bio-based materials that are environmentally friendly and have beneficial mechanical and chemical properties that make them more efficient. For instance, in May 2021, Henkel AG & Co., a Germany-based chemicals company, announced the development of LOCTITE HHD 3544F, the industry's first bio-based adhesive, whose two-thirds of the content is sourced from renewable, plant-based feedstocks.
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https://www.thebusinessresearchcompany.com/report/construction-adhesives-global-market-report
The Construction Adhesives market is segmented -
1. By Type: Water-based, Solvent-based, Hot-melt, Reactive
2. By Resin Type: Acrylic Adhesive, Polyurethane (PU), Polyvinyl Acetate (PVA), Epoxy
3. By Application: Residential, Commercial, Industrial
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Construction Adhesives market.
The Business Research Company's "Global Construction Adhesives Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Construction Adhesives Market Include:
1. Executive Summary
2. Construction Adhesives Market Characteristics
3. Construction Adhesives Market Trends And Strategies
4. Construction Adhesives Market - Macro Economic Scenario
5. Construction Adhesives Market Size And Growth
……
26. Africa Construction Adhesives Market
27. Construction Adhesives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Construction Adhesives Market
29. Construction Adhesives Market Future Outlook and Potential Analysis
30. Appendix
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