openPR Logo
Press release

Construction Adhesives Market Poised for US$ 16.18 Billion by 2032, Growth Globally, Projected CAGR of 8.6% from 2024 to 2032

05-10-2024 09:55 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Construction Adhesives Market

Construction Adhesives Market

The global construction adhesives market is poised to witness a steady compound annual growth rate (CAGR) of 8.6% during the forecast period from 2024 to 2032. The market was valued at USD 4.7 billion in 2023 and is projected to grow to USD 16.18 billion by 2032. The increase in infrastructure investments like bridges, metro stations, and airports is driving the demand for adhesives in flooring, panels, and other applications. Besides, the rise in small and medium-sized construction projects in developing economies is fueling the development of the construction adhesives industry.

๐†๐š๐ข๐ง ๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐Ž๐ฎ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/construction-adhesives-market/request-for-sample'

Construction adhesive refers to general-purpose adhesive used in the construction sector. As with other adhesives, construction adhesives have the ability to join surfaces permanently through an adhesive process. A wide range of adhesives are used in the construction sector, including polymer adhesives, resin adhesives, acrylic adhesives, and hot melt adhesives. The applications of bonding in the construction industry can broadly be divided into two categories. On the one hand, construction adhesives can be used for decorative interior and exterior bonding applications that last up to two decades. On the other hand, these adhesives find applications in high-performance structural applications that can last up to several decades.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž
Industry participants in the construction adhesives market focus on the introduction of new products that have low VOC emissions and are eco-friendly. Also, they focus on strategic initiatives to establish their market dominance.

๐€๐ฆ๐จ๐ง๐  ๐ญ๐ก๐ž ๐ฆ๐š๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž๐ข๐ซ ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ/๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:
โ€ข 3M, Bostik SA
โ€ข DAP Products Inc.
โ€ข H.B. Fuller
โ€ข Henkel AG & Co.
โ€ข KGaA, Sika AG
โ€ข Dow.

๐“๐š๐ค๐ž ๐€๐๐ฏ๐š๐ง๐ญ๐š๐ ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.polarismarketresearch.com/buy/2228/2

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โ€ข The market segmentation is primarily based on resin type, technology, application, and region.

โ€ข The acrylic segment dominated the market as these adhesives are gaining traction in the construction sector primarily for their remarkable bonding capabilities.

โ€ข The polyurethanes segment is expected to account for a high-volume share as they can be applied to both external and internal building projects.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ
๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐†๐ซ๐ž๐ž๐ง ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ: With sustainability taking center stage in the construction industry, there's a surging demand for eco-friendly adhesives formulated without volatile organic compounds (VOCs) and other harmful chemicals.

๐‘๐š๐ฉ๐ข๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: Innovation remains a driving force in the construction adhesives market, with manufacturers continually introducing novel formulations engineered to deliver superior performance in diverse applications.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐€๐ฅ๐ฅ๐ข๐š๐ง๐œ๐ž๐ฌ: The market is witnessing a trend of consolidation, with leading adhesive manufacturers engaging in mergers, acquisitions, and strategic partnerships to expand their product portfolios, geographic presence, and manufacturing capabilities.

๐’๐ฎ๐ซ๐ ๐ž ๐ข๐ง ๐ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ: The robust growth of the construction industry, particularly in emerging economies, is driving the demand for construction adhesives. Rapid urbanization, population expansion, and infrastructure development projects, including residential, commercial, and industrial construction.

๐†๐ž๐ญ ๐š ๐‚๐ฅ๐จ๐ฌ๐ž๐ซ ๐‹๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/construction-adhesives-market/request-for-sample

๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ
Despite the promising growth prospects, the construction adhesives market faces several challenges, including fluctuating raw material prices, stringent regulatory requirements, and competitive pricing pressures. Additionally, the industry grapples with the need for standardized testing protocols and certification procedures to ensure the quality and performance of adhesive products.
However, amidst these challenges lie significant opportunities for market players. The rising trend of prefabricated construction, the emergence of smart adhesive solutions enabled by digital technologies, and the increasing focus on retrofitting and renovation projects present avenues for innovation and market expansion.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
The construction adhesives market is poised for sustained growth, driven by the ongoing construction boom, advancements in adhesive technologies, and increasing awareness regarding the benefits of adhesive bonding solutions. As sustainability continues to shape industry dynamics, there will be a growing emphasis on developing bio-based, renewable adhesives with minimal environmental impact. Moreover, the integration of digitalization, automation, and artificial intelligence into adhesive manufacturing processes holds the promise of enhanced efficiency, quality control, and product customization.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ž๐ฎ๐ซ ๐“๐จ๐ฉ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ
๐‚๐ก๐ซ๐จ๐ฆ๐ข๐ฎ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/chromium-market

๐๐จ๐ฅ๐ฒ๐ ๐ฅ๐ฒ๐œ๐ž๐ซ๐š๐ญ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/polyglycerates-market

๐‚๐จ๐ข๐ฅ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/coil-coatings-market

๐‚๐š๐ฌ๐ญ ๐’๐ญ๐ซ๐ž๐ญ๐œ๐ก ๐…๐ข๐ฅ๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/cast-stretch-films-market

๐‚๐ซ๐จ๐ฌ๐ฌ๐ฅ๐ข๐ง๐ค๐ข๐ง๐  ๐€๐ ๐ž๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/crosslinking-agents-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Construction Adhesives Market Poised for US$ 16.18 Billion by 2032, Growth Globally, Projected CAGR of 8.6% from 2024 to 2032 here

News-ID: 3492083 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of 5.2%
Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of โ€ฆ
Polaris Market Research has released new insights into the Granite market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors. Market at a Glance In 2024, the market was valued at USD 3.99 billion and is anticipated to grow to USD 6.63 Billion by 2034. Itโ€ฆ
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 Billion by 2034, Growing at a CAGR of 7.5%
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 โ€ฆ
Polaris Market Research announces the release of its latest study on the Molecular Diagnostics For Sexually Transmitted Diseases market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 3.82 billion in 2024 and is expected toโ€ฆ
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expanding at a CAGR of 6.8%
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expandin โ€ฆ
Polaris Market Research announces the release of its latest study on the Higher Alpha Olefins market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 10.39 billion in 2024 and is expected to reach 20.01 billionโ€ฆ
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2034, Growing at a CAGR of 7.44%
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2 โ€ฆ
Polaris Market Research announces the release of its latest study on the Direct Oral Anticoagulants (DOACs) Device market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape. According to the findings, the market stood at 31.67 billion in 2024 and is expected to reachโ€ฆ

All 5 Releases


More Releases for Construction

Off-site Construction Market: Revolutionizing Construction
In the dynamic landscape of the construction industry, off-site construction has emerged as a game-changer, set to transform the way we build. The market, valued at USD 249.15 billion in 2022, is poised for a remarkable growth spurt, projecting a 5.8% increase in revenue to reach a staggering USD 369.72 billion by 2029. Know More About The Report: https://www.maximizemarketresearch.com/market-report/off-site-construction-market/169386/ Unlocking Off-site Construction: A Holistic Overview Off-site construction isn't just a building method; it's aโ€ฆ
Future Prospects of Data Center Construction Market by 2029 - Whiting-Turner Con โ€ฆ
Datacenter physical facility in an enterprise is designed to share IT operations and equipment to store, process, and disseminate data and applications. The construction process refers to activities involved in the designing, planning, and construction of a facility. Datacenter costs comprise IT infrastructure, power distribution and cooling solutions, and several miscellaneous expenses. Get Sample Report with Latest Industry Trends Analysis: https://a2zmarketresearch.com/sample-request/674529 The top companies in this report include: Whiting-Turner Contracting, Turner Construction, Holderโ€ฆ
Data Center Construction Market Analysis to 2028: Industry Growth, Size, Trends โ€ฆ
The Data Center Construction market report focused on the industry dynamics, including market growth elements. The report also identifies limitations and chances for high segments of market growth. Our world-renowned analyst team conducts a study that is a result of extensive primary and secondary research. The growth of the market is forecast with complex algorithms such as regression analysis, end-user analysis, etc. PESTEL analyses are the factors that influence globalโ€ฆ
Residential Construction Market Is Booming Worldwide | Hindustan Construction, S โ€ฆ
A new research document is added in HTF MI database of 384 pages, titled as 'Residential Construction Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025' with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The identification of hot and emerging players is completed by profiling 50+ Industryโ€ฆ
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C โ€ฆ
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &โ€ฆ
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C โ€ฆ
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &โ€ฆ