Press release
North America Construction Adhesive Market Expected to Reach USD 3,226.76 Million by 2025| Top Competitors, Growth Analysis, Trend and Forecast
North America construction adhesive market is expected to reach USD 3,226.76 Million by 2025 from USD 2,197.93 Million in 2017, at a CAGR of 5.2% in the forecast period 2018 to 2025.The key market players for North America construction adhesive Market is listed below:
• HENKEL AG & CO. KGAA
• H.B. Fuller Company
• Bostik SA
• Sika Ag
• DowDuPont
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The major factors driving the growth of this market are raising demand of adhesives in construction, increased government expenditure on infrastructure. On the other hand, less scope of development in developed countries due to established infrastructure may hinder the growth of the market.
The market is further segmented into:
• Resin Type
• Technology
• Application
• End Use
• Geography
The North America construction adhesive market is segmented on the basis of resin type, technology, application, end user, industry and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
Based on resin type, the North America construction adhesive market is segmented into five notable sub-segments; acrylic adhesive, polyurethanes, non-reactive adhesives polyurethane, reactive adhesives. The acrylic adhesive is sub segmented into acrylic adhesives, anaerobic acrylic adhesives, cyanoacrylates adhesives, reactive acrylic and the reactive adhesives is sub segmented into one-component adhesives, two-component adhesives. In 2018, acrylic adhesive is expected to account for the largest share of 34.6% of this market.
Based on technology, the North America construction adhesive market is segmented into four notable sub-segments; water born, solvent borne, reactive and hot melts. In 2018, water born is expected to account for the largest share of 49.6% of this market.
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On the basis of application the North America construction adhesive market is classified into notable sub-segments flooring, walls, tiles, concrete, surface, roofing and others. The roofing segment is growing with the highest CAGR of 6.6%.
On the basis of end-user the North America construction adhesive market is classified into notable sub-segments residential, infrastructure, commercial, industrial and others. In 2018, residential is expected to account for the largest share of 45.2% of this market.
Based on geography, the North America construction adhesive market is segmented into geographical regions, such as
• U.S.
• Canada
• Mexico
Covered in this report
The report covers the present scenario and the growth prospects of the North America construction adhesive market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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Related Report
Global Construction Adhesive Market – Industry Trends and Forecast to 2025
Global Construction Adhesive Market, By Resin Type {Acrylic Adhesive (Anaerobic, Cyanoacrylates, Reactive), Polyurethanes (Non-Reactive, Reactive), Polyvinyl Acetate, Epoxy, Silicone, Others}, Technology {Waterborne (Natural, Synthetic), Solvent Borne, Reactive (One-Component, Two-Component), Hot Melt, Others), Product Type (Flooring, Walls, Tiles, Concrete, Surface, Others), End User (Residential, Commercial, Infrastructure, Industrial, Others), Geography (North America, Europe, Asia Pacific, South America, Middle East and Africa)- Industry Trends and Forecast to 2025
http://databridgemarketresearch.com/reports/global-construction-adhesive-market/
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