Construction Adhesives Market is Forecasted to Reach US$ 15.15 Billion in 2030, Says Stratview Research

The global construction adhesives market is projected to witness a growth rate of 5.06% annually from 2024 to 2030, with an anticipated size of US$ 15.15 billion by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global construction adhesives market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2030: US$ 15.15 billion
Growth (CAGR): 5.06% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Construction Adhesives Market:

The global construction adhesives market is segmented based on resin type, technology type, end-use sector type, application type, and region.

Based on resin type -The construction adhesives market is segmented into acrylic, PVA, PU, epoxy, and others. Polyurethane (PU) dominates the resin-type segment in the market for several reasons. PU adhesives offer exceptional bonding strength, flexibility, and durability, making them suitable for a wide range of applications. They provide excellent adhesion to various substrates, including wood, metal, concrete, and plastics, making them versatile. Additionally, PU adhesives are known for their ability to withstand extreme temperatures, moisture, and other environmental factors, which is crucial in construction. Moreover, PU adhesives have low volatile organic compound (VOC) emissions, aligning with the industry's increasing focus on eco-friendly and sustainable building practices. This combination of performance and environmental benefits has made PU a dominant choice in construction adhesives.

Based on technology type -The market is segmented into waterborne, reactive, solvent-borne, and others. The waterborne segment of the market holds a major share in the technology segment for several key reasons. Waterborne adhesives are highly favored due to their eco-friendly nature, as they have lower volatile organic compound (VOC) emissions compared to solvent-based alternatives. They align with stringent environmental regulations and safety standards. Additionally, waterborne adhesives offer ease of use, fast curing times, and good adhesion properties, making them versatile for a wide range of construction applications. With the industry's increasing emphasis on sustainability and health and safety, waterborne technology has become the preferred choice, driving its significant market share in the construction adhesive sector.

Based on end-use sector type - Based on the end-use sector type, the market is segmented into residential, non-residential, and infrastructure. The residential segment holds the major market share in the market because of increased housing demand driven by population growth and urbanization. Homeowners and contractors use adhesives for flooring, wall applications, tiling, and insulation in residential construction. Renovation and remodeling projects further contribute to the strong demand for construction adhesives in this sector.

Based on application type - Based on the application type, the market is segmented into countertop & drywall lamination flooring, roofing, manufactured housing, panels, concrete, and joint cement. Countertop & drywall lamination flooring in the market is experiencing major growth due to the demand for aesthetically pleasing and durable surfaces in residential and commercial spaces. Adhesives are crucial for secure bonding, enhancing the appeal of countertops, and achieving seamless finishes in drywall lamination flooring.

To know the most attractive segments, click here:
https://www.stratviewresearch.com/3659/construction-adhesives-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Europe holds a major share in the construction adhesives market due to several factors. This growth outlook is majorly attributed to the following-

• Firstly, it has a well-established and mature construction industry with a high demand for adhesives.
• Additionally, stringent environmental regulations in Europe have driven the adoption of eco-friendly, low-VOC adhesives, aligning with sustainability trends. The region's focus on energy-efficient building practices and the renovation of older structures boost adhesive demand.
• Furthermore, Europe is known for its advanced research and development in adhesive technology, producing innovative products. These factors combined with a strong economy and infrastructure development contribute to Europe's leadership in the construction adhesives market.

Construction Adhesives Market Drivers:

Some of the key drivers listed in the report are given below.
The market includes a variety of adhesive types, such as acrylic, polyurethane, epoxy, and silicone adhesives, each tailored to specific construction needs. Growth in the construction adhesives market is closely tied to the overall health of the construction industry. Factors influencing this market's growth include increased urbanization, renovation and remodeling activities, technological innovations in adhesive formulations, and a growing emphasis on sustainable and eco-friendly construction practices.

As construction continues to be a vital sector worldwide, the construction adhesives market is expected to evolve, adapting to new building materials, design trends, and environmental regulations. A surge in construction activities, driven by urbanization, population growth, and infrastructure development, contributes to the growing demand for construction adhesives. As more buildings, roads, bridges, and other structures are constructed or renovated, the market for adhesives expands. Construction adhesives offer the advantage of replacing or reducing the use of traditional mechanical fasteners like nails and screws. This not only saves time during construction but also provides cleaner, more aesthetically pleasing finishes.

Top Companies in the Construction Adhesives Market:
Stratview Research has identified the following companies as the top market players.
• H.B. Fuller Company
• 3M
• Sika AG
• Dow Inc.
• Bostik (Arkema Group)
• Henkel AG & Co. KGaA
• Franklin International, Inc.
• Avery Dennison Corporation
• Illinois Tool Works Incorporation
• DAP Products Inc.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Construction Adhesives Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Polyurethane Adhesives Market: https://www.stratviewresearch.com/1418/polyurethane-adhesives-market.html
• Epoxy Adhesives Market: https://www.stratviewresearch.com/964/epoxy-adhesives-market.html

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