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Global Construction Adhesives Market is expected to reach US$ XX Bn by 2027 from US$ 8.81 Bn in 2019 at a CAGR of XX %.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Construction adhesives are largely used for roofing, waterproofing, flooring & insulation, cladding and reinforcement purposes. Also for holding and bonding applications due to its high shear and tensile strength and for filling gaps and resist relative movement of the substrates. Increasing demand for residential housing and commercial offices, along with the rising construction activities is fueling the demand for construction adhesives.
Construction adhesives market based on the end-use sector, the residential sector is expected to be one of the major contributors to the market growth. Increasing demand for new and innovative products and growing research & development in construction adhesives are driving the growth of this segment.
PU segment based on resin type is expected to hold the largest shares in the construction adhesives market during the forecast period. PU adhesives are used in an extensive range of applications in the construction industry.
Geographically, Asia Pacific is expected to be one of the largest markets for the construction adhesives market during the forecast period on account of enhancing the construction industry. Countries such as China, India, Thailand, and Indonesia are witnessing large investments in the building & construction industry.
Global Construction Adhesives Market, By Resin Type:
• Acrylic
• PVA
• PU
• Epoxy
• Others
Global Construction Adhesives Market, By Technology:
• Waterborne
• Reactive
• Solvent borne
• Others
Global Construction Adhesives Market, By End-Use Sector:
• Residential
• Non-Residential
• Infrastructure
Global Construction Adhesives Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Global Construction Adhesive Report:
• Henkel (Germany)
• 3M (US)
• Bostik (France)
• Sika (Switzerland)
• H.B. Fuller (US)
• BASF (Germany)
• Dow Chemical (US)
• DAP Products (US)
• Franklin International (US)
• Illinois Tool Works (US)
• Avery Dennison (US)
Article source: https://article-realm.com/article/Finance/10118-Global-Construction-Adhesives-Market-Industry-Analysis-and-Forecast-2019-2027.html
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