Press release
Construction Adhesives Market Big Growth Predicted for Market Size in the Future 2025-2031
The global construction adhesives market is anticipated to reach $16.3 billion in revenue by 2031, rising from $9.6 billion in 2021, exhibiting a CAGR of 5.9% from 2022 to 2031. The market growth is driven by the increasing demand for construction adhesives in residential infrastructure and housing. However, stringent regulations regarding VOC (Volatile Organic Compound) emissions in solvent-based adhesives may hinder market growth to some extent. Nevertheless, advancements in low-VOC and VOC-free adhesives are expected to create lucrative opportunities in the market.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/request-sample/54045
Segment Analysis
By Application
- Residential Segment: Held the largest market share (~40%) in 2021 and is expected to continue its dominance due to its versatility in flooring, tiling, wall art, and insulation applications.
- Commercial Segment: Projected to grow at the highest CAGR of 6.2% during the forecast period, driven by the increased adoption of adhesives in roofing applications for enhanced durability and weather resistance.
By Resin Type
- Acrylic Segment: Accounted for the highest revenue share (~40%) in 2021 due to its fast-curing properties and strong adhesion.
- Polyurethanes Segment: Expected to exhibit the fastest growth (6.4% CAGR), as it enables the development of lightweight, durable, and versatile products in commercial and residential construction.
By Technology
- Water-Based Adhesives: Led the market with a ~40% share in 2021 and will maintain dominance due to their low VOC content, ease of use, and minimal odor.
- Solvent-Based Adhesives: Expected to grow at 6.2% CAGR, driven by their ability to alter concrete properties for improved workability and extended open time.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/construction-adhesives-market/purchase-options
By Region
- Asia-Pacific: Held the largest share (~40%) in 2021 and is forecasted to grow at 6.1% CAGR by 2031. The demand for acrylic and latex water-borne adhesives is notably high in construction projects across the region.
Key Market Players
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- BASF SE
- Permabond LLC
- ARDEX AMERICAS
- 3M
- Sika AG
- MAPEI S.p.A.
- DAP Global Inc.
- Huntsman International LLC
Market Opportunities and Challenges:
- Opportunities: Increasing investments in sustainable and VOC-free adhesives, along with the rising trend of modular construction, are expected to drive market growth.
- Challenges: Stringent environmental regulations on solvent-based adhesives and fluctuations in raw material costs may pose challenges for market expansion.
Conclusion:
The construction adhesives market is poised for steady growth, driven by the rising demand for sustainable and high-performance adhesives in residential, commercial, and industrial construction applications. As manufacturers continue to innovate in low-VOC and VOC-free technologies, the industry is set to witness substantial advancements and widespread adoption globally.
๐๐๐ญ๐๐ข๐ง ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: 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.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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