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Unlocking Opportunities in the Cement Adhesive Market: 2025-2034 Forecast Report
Cement Adhesive Market
What Will the Cement Adhesive Industry Market Size Be by 2025?
The market size of cement adhesives has seen a quick expansion in the past few years. Its size is anticipated to rise from $1.49 billion in 2024 to $1.65 billion in 2025, boasting a compound annual growth rate (CAGR) of 10.8%. Factors contributing to this progression in the historic period includes the escalating necessity for residential constructions, an upswing in demand within the building industry, a rising trend of do-it-yourself (DIY) ventures, increased appeal for cement tile adhesives, along with the swelling urban populace.
What's the Long-Term Growth Forecast for the Cement Adhesive Market Size Through 2029?
There is a prediction for a quick expansion of the cement adhesive market size in the coming years. It is projected to escalate to $2.45 billion by 2029, experiencing a compound annual growth rate (CAGR) of 10.4%. This predicted progress during the speculated period is mainly due to the rising usage of alternative fuels like biomass and waste-derived fuels, imposed environmental regulations, increased investments in research and development, a growing inclination towards cement adhesives instead of conventional cement mortars, and an upsurge in the utilization of recycled materials. The anticipated period will also see major trends such as breakthroughs in adhesive formulations, advances in polymer-modified cement adhesives (PMCs), developments in epoxy-based cement adhesives, enhancements in heat-resistant cement adhesives, and the emergence of adhesives based on nano-technology.
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What Are the Key Growth Drivers Fueling the Cement Adhesive Market Expansion?
The cement adhesive market's upward trajectory is anticipated to be fuelled by the escalating demand for residential structures. Factors triggering this demand include rising urbanization, population expansion, and the need for housing solutions. Cement adhesive is a favored choice in residential construction due to its key functions in binding tiles, bricks, and concrete blocks. This results in solid, durable, and water-resistant bonds critical for maintaining structural integrity. For instance, the Australian Bureau of Statistics, a government agency based in Australia, reported in March 2024 that private new house dwellings have reached 30,992, marking a 3.7% growth from December and a 14.6% increase since March 2023. Furthermore, private new other residential completions saw an upward trend, reaching 14,844 dwellings, signifying a 5.6% growth compared to December 2023. Hence, the burgeoning demand for residential structures is propelling the cement adhesive market forward.
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What Are the Key Trends Driving Cement Adhesive Market Growth?
Leading corporations in the cement adhesive market are prioritizing the development of upgraded products like concrete filler and anchoring adhesive items to boost the bonding stamina, sturdiness, and operation effectiveness in the construction sector. These concrete filler and anchoring adhesive goods, intended for applications on concrete, offer long-term stability and resistance to environmental conditions such as dampness, temperature variability, and exposure to chemicals. For example, in April 2023, a U.S. company known as DAP Products Inc. initiated the launch of new concrete filler and anchoring adhesive items. These products consist of one Concrete Crac*k Filler, an All-Purpose Adhesive & Filler, and an Anchoring Adhesive that promise dependability. They are designed for construction and repair operations, involving filling crevices, setting anchor bolts, and strengthening architectural components, hence ensuring durability and extending the lifespan of both residential and industrial concrete infrastructures.
How Is the Cement Adhesive Market Segmented?
The cement adhesivemarket covered in this report is segmented -
1) By Type: Epoxy, Ceramic Tile, Acrylic, Resin, Cementitious, Vinyl, Other Types
2) By Application: Roofing Adhesives, Flooring Adhesives, Insulating Adhesives, Tile Installation Adhesives, Wall Bonding Adhesives
3) By End-User: Construction, Packaging, Automotive, Electronics, Pigment, Other End-Users
Subsegments:
1) By Epoxy: 100% Solid Epoxy, Modified Epoxy
2) By Ceramic Tile: Thin-Set Mortar, Medium Bed Mortar, Large Format Tile Adhesive
3) By Acrylic: Acrylic Polymer Adhesive, Acrylic Emulsion Adhesive
4) By Resin: Urethane Resin, Phenolic Resin
5) By Cementitious: Polymer-Modified Cement, Thin-Set Cement
6) By Vinyl: Vinyl Adhesive, Vinyl-Based Mortar
7) By Other Types: Mastic Adhesives, Butyl Adhesives
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Which Companies Are Leading the Charge in Cement Adhesive Market Innovation?
Major companies operating in the cement adhesive marker are DuPont de Nemours Inc., Arkema S.A., Sika AG, UltraTech Cement, Asian Paints Ltd., Ambuja Cements, H.B. Fuller Company, Pidilite Industries Ltd., Birla Corporation Ltd., J.K. Cement Ltd., Tremco, Ashland Inc., Laticrete International, ACC Limited, Myk Laticrete Inc., Chembond Chemicals Ltd., Polyguard Products Inc., Kerakoll SpA, Polyfix Construction Chemicals, ITW Red Head
Which Regions Are Leading the Global Cement Adhesive Market in Revenue?
Asia-Pacific was the largest region in the cement adhesive market in 2024. The regions covered in the cement adhesive marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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