Construction Adhesives Market Drivers and Future Trends Detailed in New Research Report 2031

Allied Market Research has released a comprehensive report titled "Construction Adhesives Market by Resin Type (Acrylic, Polyvinyl Acetate (PVA), Polyurethanes (PU), Epoxy, Others), Technology (Water-based, Reactive, Solvent-based, Others), and Application (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report projects the global construction adhesives market to reach approximately $16.3 billion by 2031, up from $9.6 billion in 2021, reflecting a robust CAGR of 5.9% from 2022 to 2031.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/A53570

Growth Drivers and Challenges:

The rapid expansion of the global construction adhesives market is largely driven by increasing demand for these adhesives in residential construction and infrastructure projects. However, stringent regulations regarding volatile organic compounds (VOCs) in solvent-based adhesives may pose challenges to market growth. To navigate these challenges, builders are innovating and integrating advanced adhesive materials into their projects. Manufacturers are also focusing on developing VOC-free and low-VOC adhesives, which are expected to create lucrative opportunities for market growth in the future.

Segment Insights

Residential Segment:

The residential application segment accounted for nearly 40% of the global construction adhesives market in 2021 and is projected to maintain this dominance through 2031. In residential settings, construction adhesives are essential for tasks such as flooring installation, tile setting, wall art mounting, and attaching exterior insulation materials due to their excellent bonding capabilities.

Commercial Segment:

The commercial application segment is anticipated to experience the highest growth, projected at 6.2% CAGR during the forecast period. Construction adhesives are increasingly used in commercial roofing applications for bonding materials like shingles and tiles, contributing to durable, weather-resistant roofs.

Resin Type:

The acrylic segment generated the largest revenue share (approximately 40%) in 2021 and is expected to continue leading through 2031. Acrylic adhesives are favored for their fast-curing properties and versatility across commercial and industrial applications. Meanwhile, the polyurethanes segment is projected to grow the fastest at 6.4% CAGR, valued for their lightweight, durability, and aesthetic appeal in construction.

Technology:

The water-based segment held a major share of over 40% in 2021 and is expected to maintain its leadership. The popularity of water-based adhesives is attributed to their low VOC content, ease of use, and minimal odor. Conversely, the solvent-based segment is anticipated to exhibit the fastest growth at 6.2% CAGR, particularly for altering concrete characteristics.

Regional Insights:

The Asia-Pacific region emerged as the largest market, accounting for nearly 40% of global construction adhesives revenue in 2021. This region is projected to continue its dominance and achieve a CAGR of 6.1% by 2031. Acrylic and latex water-based adhesives are particularly significant in this region, commonly used in applications such as tile bonding and laminating.

Key Market Players

Leading companies in the global construction adhesives market include:

- H.B. Fuller Company
- Henkel AG & Co.
- BASF SE
- 3M
- Sika AG
- MAPEI S.p.A.
- DAP Global Inc.
- Huntsman International LLC

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/construction-adhesives-market-A53570

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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