With government incentives and packages, infrastructure and residential construction will see a boost, contributing to adhesive growth

WILMINGTON, DE, UNITED STATES, December 18, 2024 /EINPresswire.com/ -- The global construction adhesives market revenue reached US$ 10.9 billion in 2022. A CAGR of 5.2% is forecast from 2023 to 2031, resulting in a total of US$ 17.3 billion in 2031. Sustainable and eco-friendly building practices will likely continue to be emphasized. A rise in demand is expected for construction adhesives that have low VOC levels, are recyclable, and comply with green building standards.

Government investments in infrastructure can significantly fuel construction adhesive demand. Various bonding solutions are used in large infrastructure projects. Factors such as housing demand, mortgage rates, and economic conditions will likely impact the market for construction adhesives within the residential construction sector. The demand for adhesives is also influenced by renovation and remodeling activities.

𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝗗𝗮𝘁𝗮 𝗟𝗶𝗸𝗲 𝗡𝗲𝘃𝗲𝗿 𝗕𝗲𝗳𝗼𝗿𝗲: 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗬𝗼𝘂𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗡𝗼𝘄! https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13598

Global Construction Adhesives Market: Key Players

Several global and regional manufacturers compete in the global construction adhesives market. In addition to technological innovation, expanding distribution networks, and establishing a strong brand, prominent players employ several key strategies.

Construction adhesives market leaders are focusing on technology innovation, partnerships, collaborations, and mergers and acquisitions to expand their global presence.

• Henkel AG & Company KGaA
• Sika Group
• 3M
• Bostik SA
• H.B. Fuller Company
• Avery Dennison Corporation
• Ashland
• Illinois Tool Works, Inc.
• Huntsman International LLC
• The Dow Chemicals Company
• LORD Corporation
• MAPEI S.p.A.
• Franklin International

A new generation of technology (Industry 4.0) may significantly impact construction processes and materials due to the integration of digital technologies. Construction technologies with smart functions, like sensors and self-healing properties, may lead to adhesives with additional functionalities.

Key Findings of the Market Report

• The demand for construction glue is primarily driven by infrastructure development in both developed and developing countries.

• An analysis of the construction adhesives market found that Asia Pacific captured a large market share.

• In the Middle East & Africa, construction adhesive market manufacturers are expected to experience high demand as a result of public infrastructure investments.

• Water-based formulation technology is expected to drive demand for construction adhesives.

• Construction adhesives are expected to be dominated by structural applications in the market.

Global Construction Adhesives Market: Growth Drivers

• The construction industry is experiencing growth and expansion, increasing demand for construction adhesives. Construction applications such as flooring, insulation, and bonding materials will utilize these adhesives in the coming years. Innovative and high-performance construction adhesives are developed as a result of ongoing technological advancements. In addition, this category includes adhesives that are more durable, stronger, and resistant to environmental conditions.

• Green building practices are increasingly being emphasized as environmental sustainability becomes more visible. Energy efficiency is improved by using low-VOC and environmentally friendly adhesives in construction. Lightweight building materials are on the rise, including composites and advanced polymers. It is becoming increasingly important to find adhesives that bind these materials efficiently and remain structurally sound at the same time.

• The environmental impact of construction materials influences the decision to use construction adhesives. Regulatory compliance and environmental considerations are important factors in choosing adhesives on the market. In addition to rising consumer spending, rising disposable income is contributing to the growth of the construction industry. Various construction projects, both residential and commercial, are driven by the demand for construction adhesives.

Key Developments

• In August 2023, Henkel, a global leader in adhesive, sealant, and functional coatings, continuously drives sustainability across markets. A new bonding and sealing portfolio has been launched in Europe to improve the company's plastics footprint. The new packaging concept reduces virgin plastic usage by up to 95%, using post-consumer recycled plastic (PCR).

• In December 2023, UPM Raflatac, a global supplier of self-adhesive paper and film products, partnered with Soprrema to recycle label waste in EMEIA. Soprema will use UPM Raflatac's RafCycle recycling service to recycle label waste into new construction and insulation materials.

𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝗢𝘂𝗿 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗖𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀! https://www.transparencymarketresearch.com/construction-adhesive-market.html

Global Construction Adhesives Market: Segmentation

By Product

• Polyurethane
• Acrylic
• Epoxy
• Polyvinyl Acetate (PVA)
• Silicone

By Formulation Technology

• Solvent-based
• Water-based
• Hot-melt
• Reactive

By Application

• Structural
• Non-Structural

By End Use

• Residential
• Non-Residential
• Industrial

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

𝗠𝗼𝗿𝗲 𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗯𝘆 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 –

Smart Fabrics Market- The global industry was valued at US$ 3.3 Bn in 2021 It is estimated to advance at a CAGR of 19.6% from 2022 to 2031 and reach US$ 21.8 Bn by the end of 2031

Boron Carbide Market- The global market for boron carbide was valued at US$ 270.7 Mn in 2021 and it is estimated to grow at a CAGR of 4.9% from 2022 to 2031 and reach US$ 431.4 Mn by the end of 2031.

𝗔𝗯𝗼𝘂𝘁 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Atil Chaudhari
Transparency Market Research Inc.
+1 518-618-1030
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.