Global Construction AdhesiveMarket is expected to reach
USD 14.04 billion by 2025, according to a new report by Grand View
Research, Inc. Increasing utilization of these products in commercial and
residential buildings has been a major driving factor for the market growth.
A broad range of diverse products and rising infrastructural
and building activities in various regions are expected to surge the demand for
adhesive products. Increasing developments by companies in order to reduce the
cost involved in manufacturing the products are projected to spur market
growth.
Construction adhesives are used in numerous green building
applications such as roofing, siding, fencing, walls, pipe & fittings,
doors, flooring, windows/frames, and house wrap/vapor barriers. High durability
and low cost of these adhesives make them an ideal material of choice for
contractors and consumers. Increasing applications in architectural design and
renovation of old buildings are other factors driving their growth globally.
The global demand for acrylic adhesive in resin type segment
from construction industry is growing rapidly owing to its advantages. Rapid
urbanization, changing lifestyles, rising safety concerns, and healthy living
environment backed by increasing disposable income in Asian countries have
influenced the consumption trends of construction materials. These factors are
expected to aidthe growth of the market over the forecast period.
Full Research Report on Global Construction Adhesive
Market Analysis:
http://www.grandviewresearch.com/industry-analysis/construction-adhesive-market
http://www.grandviewresearch.com/industry-analysis/construction-adhesive-market
Further key findings from the report suggest:
- The
global demand for construction adhesive market was valued at USD 8.60
billion in 2016 and is anticipated to progress at a CAGR of 5.6% from 2017
to 2025
- Acrylic
adhesive dominated the market in 2016, followed by polyvinyl acetate in resin
type segment
- Industrial
segment was the significant application segment in 2016 and is projected
to follow the same growth trend over the forecast period. The segment is
expected to grow at a steady CAGR over the coming years.
- Asia
Pacific region is anticipated to be the fastest growing regional segment
in terms of revenue over the forecast period with a CAGR of 6.1% over the
forecast period
- Some
of the major players in the industry include H.B. Fuller, 3M Company, Sika
AG, The DOW Chemical Company, Bostik SA (An Arkema Company), Henkel AG
& Co. KGaA, Dap Products, Franklin International, Illinois Tool Works
Incorporation, and Avery Dennison Corporation.
View more reports of this category by Grand View Research
at: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research
has segmented the Global Construction Adhesive Market by resin type,
technology, application, and region:
Resin Type Outlook (Volume, Thousand tons, Revenue, USD
million; 2014 - 2025)
- Acrylic
Adhesive
- Polyurethanes
- Polyvinyl
Acetate
- Epoxy
- Others
Technology Outlook (Volume, Thousand tons, Revenue, USD
million; 2014 - 2025)
- Water
based
- Solvent
based
- Reactive
& Others
Application Outlook (Volume, Thousand tons, Revenue, USD
million; 2014 - 2025)
- Residential
- Commercial
- Industrial
Regional Outlook (Volume, Thousand tons, Revenue, USD
million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- Japan
- India
- Middle
East & Africa
- Central
& South America
View press release of this research report by Grand View
Research: http://www.grandviewresearch.com/press-release/global-construction-adhesive-market
About Grand View Research
Grand View Research,
Inc. is a U.S. based market research and consulting company, registered in the
State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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