Dublin, Jan. 16, 2025 (GLOBE NEWSWIRE) — The “Construction Adhesives – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global construction adhesives market is experiencing a robust growth, projected to reach US$19.8 Billion by 2030. This represents a compound annual growth rate (CAGR) of 6.7% from the year 2023. The remarkable expansion is attributed to multiple drivers, including technological advancements, prefabrication trends, and a surge in demand for sustainable construction practices.
The global construction adhesives market is replete with opportunities for growth, driven by revolutionary technology, sustainable practices, and innovative applications. Stakeholders within the construction industry are expected to benefit from the high-performance features of these materials, ultimately contributing to a more efficient, resilient, and aesthetically appealing built environment by 2030.
Construction Adhesives: A Vital Component in Modern Building
As an indispensable element in the building industry, construction adhesives are lauded for their ability to provide strong, durable bonds across various construction materials. Their use simplifies the building process, enabling a more evenly distributed stress and thus contributing to the overall structural integrity of buildings. With the rise of modern architecture, these adhesives are not only functional but also enhance the aesthetic appeal of structures.
Technological Innovations Driving Performance
Continuous innovation in construction adhesive technology is expanding the possibilities within the sector. High-strength, environmentally friendly, and intelligent adhesives are improving construction performance, sustainability, and monitoring capabilities. These advancements are making construction adhesives a go-to solution for addressing complex challenges in the building process.
Applications Across the Construction Spectrum
The versatility of construction adhesives is evident in their widespread application across various types of construction projects. From residential to commercial, and extending to large-scale infrastructural work, adhesives are playing a critical role. They are integral in facilitating quick assembly, ensuring strong bonds, and fostering an environment for design innovation.
Key Market Drivers
Several factors contribute to the upward trend of the construction adhesives market. Notably, the rise in prefabricated and modular constructions, the advancements in adhesive technology, and the push for sustainability in the construction industry are fueling market growth. The market is also benefiting from increased urbanization, particularly in emerging economies, which necessitates substantial investments in infrastructure and housing projects.
Regional Market Highlights and Competitive Landscape
The report underscores significant growth in key regions such as the United States, estimated at $3.3 Billion in 2023, and China, expected to witness a 10.0% CAGR, reaching $4.7 Billion by 2030. The report also provides an overview of the competitive landscape, elaborating on the market presence of leading players and their prospects for future growth within the global construction adhesives market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 96 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $12.6 Billion |
| Forecasted Market Value (USD) by 2030 | $19.8 Billion |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | Global |
Companies Featured
- 3M
- Ardex Gmbh
- Avery Dennison
- BASF
- Bostik
- Construction Chemicals Pty
- Custom Building Products
- DAP Products
- Dow
- Dural Industries
For more information about this report visit https://www.researchandmarkets.com/r/wnvi0q
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- Construction Adhesives Market
