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Cement Adhesive Market Landscape 2025: Forecast Data and Growth Strategy Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Cement Adhesive Market Through 2025?
In recent times, there has been a noteworthy escalation in the cement adhesive market size. The projections suggest that the market value will rise from $1.49 billion in 2024 to a formidable $1.63 billion in 2025, signifying a compound annual growth rate (CAGR) of 9.7%. This outstanding growth during the historic period is primarily due to factors such as the escalated demand for residential buildings, burgeoning construction sector, increasing popularity of do-it-yourself (DIY) projects, soaring demand for cement tile adhesives, and the rapid urban population growth.
What's the Projected Size of the Global Cement Adhesive Market by 2029?
Projected to experience robust expansion over the upcoming years, the market size of cement adhesives will climb to an estimated $2.39 billion by 2029, with an impressive compound annual growth rate (CAGR) of 9.9%. This predicted growth within the projected timeframe can be linked to factors such as the rising application of alternative fuels like biomass and waste-derived fuels, stringent environmental rules, escalated expenditure on research and development, growing inclination towards cement adhesives as opposed to traditional cement mortars, and the elevated usage of recycled materials. The forecast period will likely witness trends like advancements in adhesive formulations, breakthroughs with polymer-modified cement adhesives (PMCs), development in epoxy-based cement adhesives, enhancements in heat-proof cement adhesives, and the advent of nano-technology-based adhesives.
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Top Growth Drivers in the Cement Adhesive Industry: What's Accelerating the Market?
The surge in demand for residential structures is anticipated to steer the cement adhesive market's growth in the future. This rise in residential construction is the result of increasing urbanization, population expansion, and the need for housing solutions. Cement adhesive is extensively employed in residential building for the bonding of tiles, bricks, and concrete blocks, delivering strong, enduring, and moisture-impervious links crucial for structural stability. For example, data from the Australian Bureau of Statistics, a government agency based in Australia, suggests that in March 2024 there were 30,992 dwellings of private new houses, marking an increment of 3.7% from December and a surge of 14.6% from March 2023. Besides, private new other residential completions escalated to 14,844 dwellings, witnessing a 5.6% hike compared to December 2023. As a result, the escalating demand for residential structures propels the growth of the cement adhesive market.
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What Are the Key Trends Driving Cement Adhesive Market Growth?
Prominent firms in the cement adhesive sector are gearing their efforts towards the invention of superior products like concrete filler and anchoring adhesive products. These efforts are aimed at bolstering the bonding strength, durability, and performance efficiency in the construction industry. The innovative concrete filler and anchoring adhesive products designed for concrete uses not only guarantee longer-lasting stability but are also resistant to environmental factors like humidity, variable temperatures, and exposure to chemicals. For instance, DAP Products Inc., a company based in the U.S., unveiled new concrete filler and anchoring adhesive products in April 2023. The product range includes a Concrete Filler, All-Purpose Adhesive & Filler, and Anchoring Adhesive that solemnly ensure dependability. They are designed for construction and repair tasks such as the filling of s, anchoring of bolts, and the reinforcement of structural components, thereby certifying durability and enhancing the lifespan of both residential and industrial concrete structures.
What Are the Main Segments in the Cement Adhesive Market?
The cement adhesive market 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 Top Companies are Driving Growth in the Cement Adhesive Market?
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 Will Dominate the Cement Adhesive Market Through 2029?
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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