Press release
Concrete Bonding Agents Market is Booming Worldwide Growth Prospects, Incredible Demand and Business Strategies by 2031 | Sika AG, Fosroc International Ltd.
The Concrete Bonding Agents Market is estimated for 2024 for the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.Market Overview:
Concrete bonding agents are specialty chemicals used to improve adhesion between fresh and hardened concrete, mortar or masonry. They are applied as a bonding agent or coating.
Market Dynamics:
The concrete bonding agents market is driven by rising construction activities around the world. According to the Global Construction Perspectives and Oxford Economics, the global construction output is expected to grow by 85% to $15.5 trillion worldwide by 2030, driven by megacities and infrastructure development in developing countries. Another key driver is growing adoption of concrete bonding agents in repair and renovation of old buildings and infrastructure as they help strengthen the bond between old and new concrete. Their superior adhesive properties make structures durable and prevent early deterioration.
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Top Key Players are Covered in this Report:
★ 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
★ The Quikrete Companies
★ Inc
Market Segmentation:
★ By Agent: Cementitious Latex Based Agents (Acrylic, SBR, Polyvinylacetate (Non Re-emulsifiable, Re-emulsifiable), Epoxy Based Agents, Others)
★ By Application: Repairing, Flooring, Decorative, Others
Key Region/Countries are Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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Rising Infrastructure Investment and Construction Activity is Expected to Drive the Concrete Bonding Agents Market:
The increasing investment in infrastructure development and construction activities across both developed as well as developing nations is likely to drive the demand for concrete bonding agents in the coming years. Governments around the world are focusing on upgrading and developing the transportation, energy and utility infrastructure which is boosting the construction industry. Rising population and rapid urbanisation are adding to the construction needs. Moreover, initiatives like smart city development worldwide are also triggering new construction projects. All these factors are increasing the consumption of cement and concrete in construction activities. As concrete bonding agents play a crucial role in enhancing the bonding strength of concrete, their market is anticipated to witness steady growth along with the construction industry.
Stringent Environmental Regulations Regarding VOC Emissions May Restrain the Concrete Bonding Agents Market:
Epoxy and polyurethane-based concrete bonding agents release volatile organic compounds (VOCs) during application and curing which can harm the environment as well as health. Rising environmental concerns worldwide have led various regulatory bodies like EPA and REACH to implement stringent norms regarding VOC emissions from adhesives and sealants, including concrete bonding agents. Manufacturers may need to reformulate their products to make them compliant with newer environmental standards. This can increase the production cost of bonding agents. Also, some regions have banned the use of solvent-based bonding agents. Such restrictive regulations can act as a major restraint for the concrete bonding agents market in the long run if left unaddressed properly.
Adoption of Green Building Concepts Presents Lucrative Opportunities for Concrete Bonding Agents Market:
The growing awareness about sustainable construction and green building practices worldwide is opening up new opportunities for eco-friendly concrete bonding agent producers. Green building materials and technologies are being increasingly adopted in both residential and commercial segments to reduce environmental impact. Concrete bonding agents play an important role in green construction by enhancing durability and strength of concrete structures with less material usage. Water-based and zero/low VOC bonding agents compatible with Leadership in Energy and Environmental Design (LEED) standards can gain more acceptance in sync with the rise of green building movement. Suppliers developing sustainable and recycled material-based bonding solutions can tap into the emerging opportunity.
Innovation in Material Science is Expected to Shape the Future of Concrete Bonding Agents Market:
Advancements in material science and chemistry are allowing manufacturers to develop new generation concrete bonding agents with improved characteristics. Ongoing R&D is leading to products with enhanced bond strength, flexibility, corrosion resistance and longevity. Phase change materials, nanotechnology, self-healing additives are some areas attracting research which can transform the product landscape. Moreover, the use of advanced polymers, bio-based materials and techniques like plasma treatment offer new formulation possibilities. Suppliers investing in novel technologies, customized solutions and value-added offerings will be better equipped to address the dynamic needs of construction industry. Innovation will continue reshaping the concrete bonding agents market dynamics and expand its scope of applications going forward.
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The report answers a number of crucial questions, including:
➥ Which companies dominate the global Concrete Bonding Agents market?
➥ What current trends will influence the market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the Concrete Bonding Agents market economy globally?
Some of the Major Points of TOC cover:
Chapter 1: Techniques & Scope
1.1 Definition and forecast parameters
1.2 Methodology and forecast parameters
1.3 Information Sources
Chapter 2: Latest Trends Summary
2.1 Regional trends
2.2 Product trends
2.3 End-use trends
2.4 Business trends
Chapter 3: Industry Insights
3.1 Industry fragmentation
3.2 Industry landscape
3.3 Vendor matrix
3.4 Technological and Innovative Landscape
Chapter 4: Concrete Bonding Agents Market, By Region
Chapter 5: Company Profiles
5.1 Company Overview
5.2 Financial elements
5.3 Product Landscape
5.4 SWOT Analysis
5.5 Systematic Outlook
Chapter 6: Assumptions and Acronyms
Chapter 7: Research Methodology
Chapter 8: Contact (Continue . . .)
Contact Us
Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
About Us
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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