Construction Adhesives Market By Type (Acrylic, Polyvinyl acetate, Epoxy) By Application (Residential, Industrial, Commercial) and Region - Global Forecast to 2026

The Global Construction Adhesives Market Report Overview:

“The global construction adhesives Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Request Covid - 19 Impact

The global construction adhesives market report offers in-depth insights, revenue details, and other vital information regarding the global construction adhesives market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026.

The report includes PEST analysis, Porter’s Five Forces analysis, and opportunity map analysis for an in-depth understanding of the market.

The report offers insightful and detailed information regarding the various key players operating in the global construction adhesives market, their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint.

The global construction adhesives market is segmented on the basis of type, technology, application, and region.

Construction adhesives are used to bond materials with each other and are also used as raw materials in the construction industry in concrete mixtures, slabs, coatings, and others. Construction adhesives are effective solutions for the bonding process, in order to meet the demands of the construction industry with respect to production speed, flexibility, and efficiency.

Construction adhesives have excellent bonding strength, temperature resistance, chemical resistance, and weather-resistant properties. These adhesives are used to either bond or repair various surfaces on the construction site.

Construction adhesives are part of the construction chemicals group which is mixed with construction materials to improve the performance, strength, and workability of construction materials.

Global Construction Adhesives Market Dynamics:

The increasing adoption of construction adhesives in the construction of commercial, industrial, and residential buildings is expected to drive market growth over the forecast period.

Rising awareness regarding interior temperature control in buildings to offer interior and exterior strength from weather-proofing against temperature changes, by use of various wall coatings is expected to be a key driving factor for the market.

Report Coverage and Deliverables

PDF report and online dashboard will help you understand:

• Competitive benchmarking
• Market forecasts
• Company market shares
• Market opportunities
• Latest trends & dynamics

Request a Free Sample Copy

View Infographic

Renovation in the construction sector in a number of countries has led to increased construction activities, particularly in the residential and commercial sectors.

Increasing applications of construction adhesives for windows, exterior walls, roofing, sub-flooring, doors, and others, owing to their bonding and weather-proofing properties in such projects are projected to fuel the growth of the global construction adhesives market over the forecast period.

However, strict government norms regarding environmental safety emphasize on manufacturing of less volatile organic compounds (VOC), which is projected to adversely affect the construction adhesives market.

Rising demand for utilizing and manufacturing eco-friendly compounds in construction adhesives, owing to stringent government regulations results in augmented manufacturing costs which is projected to hamper the growth of the market.

Market Analysis by Construction Adhesives Type:

Among all type segments, the acrylic type segment in the global construction adhesives market is expected to register a CAGR of over 5% over the forecast period. This can be attributed to the increasing adoption of acrylic construction adhesives owing to their excellent bonding properties in the construction industry.

The polyvinyl acetate segment in the global construction adhesives market is expected to account for a revenue share of over 22%, owing to its high flexibility and excellent strength, which make it ideal for bonding, sealing, and dust proofing applications.

Polyvinyl acetate adhesives have wide applications and are widely used in the wood industry owing to their excellent protection against weather and resistance to water, oil, grease, and petroleum fuels.

In addition, it holds properties such as high initial tack, invisible bond line, biodegradation resistance, and softening at 30-45C, and is available at an extremely low cost.

Epoxy adhesives are heat, water, and chemical resistant. These act as electrical and mechanical insulators offering excellent adhesion properties. These adhesives can also withstand hostile environments and are used for UV light curing systems. These factors are expected to drive the demand for epoxy adhesives in the building sector.

Market Analysis by Construction Adhesives Technology:

On the basis of technology segments, a water-based segment in the global construction adhesives market is estimated to register a CAGR of over 5% over the forecast period, owing to the increasing adoption of water-based construction adhesives in various end-use applications such as spraying, coating, and others.

The solvent-based segment in the global construction adhesives market is expected to account for a revenue share of over 30%, owing to ease of apply, convenience to use, and are best suited to bond complex laminates to solid surface properties. In addition, solvent-based adhesives offer fast curing time and have good bonding strength and adhesion properties.

Analysis by Application:

On the basis of application segments, the residential segment is anticipated to register the highest CAGR of over 5% owing to its properties such as superior bonding strength, high performance, fast-setting, water resistance, and high-tack adhesive.

Residential construction adhesives are one-component, gun-grade, and moisture-cured polyurethane elastomeric adhesives that have enhanced curing time.

Revenue year-on-year growth of the industrial segment in the global construction adhesives market is estimated to increase moderately during the forecast period.

This is owing to its various features such as fast set time, wood bonding, water-resistant, shock impact resistance, applicable to vertical surfaces, and providing a paintable finish. Industrial construction adhesives are used for bonding construction materials, such as metal, concrete, ceramic, wood, and most plastics.

Commercial construction adhesives offer excellent adhesion to a wide variety of building materials including bricks, concrete, metals, wood, fiberboards, masonry, marble, cork, polystyrene bath panels, fiberglass, and insulation hangers, glazed surfaces, glass, and others.

Analysis by Region:

The market in North America is projected to grow at steadily, while demand for construction adhesives in the Europe region is forecasted to expand at a steady rate in near future. The market in emerging countries in the Asia Pacific is witnessing the fastest growth in the construction adhesives market.

The growth in the Asia Pacific region is driven by the growing demand for construction adhesives in countries such as China and India.

Asia Pacific market is projected to dominate the global construction adhesives market and revenue year on year growth of the Asia Pacific market is estimated to increase rapidly during the forecast period, as compared to that of markets in other regions.

The strong presence of domestic and international manufacturers and their wide distribution network in emerging economies such as China and India in the Asia Pacific region is a key factor driving the growth of the Asia Pacific construction adhesives market.

Rising demand for construction adhesives in the region, owing to the increasing level of industrialization and heightened consumption of these products are major factors expected to contribute to the growth of the Asia Pacific construction adhesives market to a significant extent.

Global Construction Adhesives Market Segmentation:

Segmentation by type:

• Acrylic
• Polyvinyl acetate
• Epoxy
• Others

Segmentation by technology:

• Water-based
• Solvent-based
• Others

Segmentation by application:

• Residential
• Industrial
• Commercial

Segmentation by region:

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