The acrylic segment in the global construction adhesives market is estimated to account for majority revenue of US$ 3,071.9.5 Mn in 2017.
Water-based adhesives are becoming increasingly popular as a replacement for solvent—based adhesives. Water-based adhesives are considered environmentally safe and contain low volatile organic compounds, which is fuelling demand for water—based construction adhesives.
In 2017, revenue contribution from the water-based segment in the global construction adhesives market is expected to be US$ 3,628.0 Mn, which is projected to increase significantly by end of 2026.
The residential segment in the global construction adhesives market has been estimated to account for revenue share of 38.4% in 2017.
Asia Pacific market has been projected to account for revenue of US$ 3,172.5 Mn in 2017, and is expected to register a lucrative CAGR during the forecast period, owing to technological advancements, increasing per capita spending, and growing for construction industry in countries in this region.
Key players operating in global construction adhesives market include H.B. Fuller, 3M Company, Sika AG, The DOW Chemical Company, Bostik SA (Arkema Group), Henkel AG & Company, KGaA, Royal Adhesives & Sealants, Jowat SE, Dymax Corporation, and Avery Dennison Corporation.
