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Construction Adhesive Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Construction adhesives act as alternatives to traditional adhesives such as traditional physical fixings in the form of nails and screws, and contact cements and wood glues. Construction adhesives are usually used for construction, renovation and finishing of homes. They are broadly classified into four different product segments: water borne, solvent borne, reactive, and others. Construction adhesives are generally available in cans, squeeze tubes, and caulking tubes. They dry within 24 hours. Construction adhesives tend to remain flexible even after drying; moreover, they are waterproof. Thus, these properties tend to differentiate construction adhesive from traditional adhesives. Construction adhesives are preferred for a wide range of applications in the construction industry due to their varied properties.

Construction adhesives are applied either in full coverage or beads. Full coverage is used where the material to be glued is small, such as floor tiles or ceramic tiles, or where an absolutely solid surface is required, which includes virtually all flooring applications with the exception of carpet over padding and some types of vinyl flooring. Beads are lines of adhesive that are applied to a surface with a caulking gun. This is the one of the most cost-effective use of construction adhesives and is usually used for the gluing of large, flat materials to large, flat surfaces.  Some uses for the bead method are in attaching drywall to studs, wood paneling to any smooth wall, etc. Proper selection of construction adhesives is extremely vital for successful application as construction adhesives.

The growing infrastructure and construction industry is expected to drive the construction adhesives market during the forecast period. Increasing urbanization and growth in nuclear family culture in Asia Pacific is expected to boost the construction adhesives market. Asia Pacific is projected to be the fastest growing market for construction adhesives in the next eight years. Developing nations across Asia Pacific are anticipated to be the growing markets for construction adhesives owing to extensive demand from commercial and residential construction industry. There is massive market potential for the construction industry in countries such as India, Indonesia, Qatar, China, Thailand, and Brazil due to rapid infrastructure development taking place in these countries. Brazil, Argentina, South Africa, Saudi Arabia, Egypt, and Israel are showing rapid growth in residential and commercial construction and manufacturing industries since the last few years. The demand for construction adhesives from the construction sector in these countries is anticipated to boost the construction adhesives market in the next decade. The important players operating in the construction adhesives market are primarily focusing on emerging countries to tap their immense construction industry potential. In short, the versatility of construction adhesives for construction (in the infrastructure industry) is expected to drive the construction adhesives market over the next eight years. The Asia Pacific market is expected to be followed by North America, especially due to increase in demand from the U.S. North America is followed by Europe, Middle East & Africa and Latin America. The global construction adhesives market is predicted to grow at a decent CAGR from 2015 to 2023.

Some of the major companies operating in the global construction adhesives market are Henkel AG & Co., 3M Company, Sika AG, The Dow Chemical Company, Avery Dennison Corporation, and H.B. Fuller among others.

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The study is a source of reliable data on:

  • Key market segments and sub-segments
  • Evolving market trends and dynamics
  • Changing supply and demand scenarios
  • Quantifying market opportunities through market sizing and market forecasting
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  • Competitive insights
  • Opportunity mapping in terms of technological breakthroughs 

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa) 

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