Global Construction Adhesives Market Growth 2018-2024 Industry Status and Outlook

The global construction adhesives market is experiencing significant growth in recent years, due to the rising construction activities around the world. This is attributed to the increasing population and a need to provide better infrastructure to the people, resulting in the increasing demand of these adhesives in the construction adhesives market.

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Based on technology, the construction adhesives market is segmented into water-borne, reactive, solvent-borne, and others. Water-borne technology is further classified into natural water-borne adhesive and synthetic water-borne adhesive.

The major factors driving the construction adhesives market growth are the rising construction and infrastructure activities, increasing usage of these adhesives in housing and commercial applications. The construction and infrastructure activities are increasing at a large scale in the global market in order to meet the increasing housing need of growing population, which in turn is driving the demand of these adhesives in the industry.

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Asia-Pacific is projected to register the highest growth in the construction adhesives market. The growth is mainly driven by the China, as the country is spending heavily on commercial and residential construction activities, which is influencing the market growth of the country.

Some of the major players operating in the construction adhesives industry are Henkel Corporation, 3M Company, Bostik, Sika AG, H.B. Fuller, BASF SE, DowDuPont Inc., Franklin International, Avery Dennison, and Mapei SpA.

Source: VynZ Research