North America Construction Adhesive Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2029 |
Market Size (Base Year) |
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Market Size (Forecast Year) |
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CAGR |
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Major Markets Players |
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North America Construction Adhesive Market, By Resin Type (Acrylics, Epoxy, Polyurethanes, Polyvinyl Acetate (PVA), Silicones and Others), Technology (Water-borne, Reactive, Hot-melt, Others), Application (Countertop and Drywall Lamination Flooring, Roofing, Manufactured Housing, Panels, Concrete, Joint Cement), End-User (Residential, Commercial, Infrastructure and Industrial), Country (U.S., Canada, Mexico) – Industry Trends and Forecast to 2029.
Market Analysis and Insights: North America Construction Adhesive Market
The construction adhesive market is expected to witness market growth at a rate of 5.6% in the forecast period of 2022 to 2029. Data Bridge Market Research report on construction adhesive market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the use of product in various industries globally is escalating the growth of construction adhesive market.
Construction adhesive refers to a chemical formulation that is utilized for holding two or more materials together. These adhesives range from construction materials to basic household materials. These are considered ideal material for blending colouring, preservatives compounds, inorganic fillers and resins.
The increase in demand for construction adhesive across the region acts as one of the major factors driving the growth of construction adhesive market. The surge in use of the product for waterproofing, roofing, cladding, and insulation applications in construction activities, and presence of advanced adhesive technology has made it easy to build safe and sustainable houses using such materials accelerate the market growth. The increase in need for a large number of adhesive products for floors in airports, residential buildings, and hospitals, and high demand for construction adhesives in the residential housing and infrastructure industries further influence the market. Additionally, expansion of various end use industries, increase in government funding and investment, advancement of polyurethane adhesive products, and expansion of various end use industries positively affect the construction adhesive market. Furthermore, rise in demand for low-VOC, green, and sustainable adhesives extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, environmental regulations and established infrastructure in the developed countries are expected to obstruct the market growth. Changing regulations and industry standards are projected to challenge the construction adhesive market in the forecast period of 2021-2028.
This construction adhesive market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on construction adhesive market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Construction Adhesive Market Scope and Market Size
The construction adhesive market is segmented on the basis of resin type, technology, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the construction adhesive market is segmented into resin type, North America construction adhesive market is segmented into acrylics, epoxy, polyurethanes, polyvinyl acetate (PVA), silicones and others.
- On the basis of technology, the construction adhesive market is segmented into water-borne, reactive, hot-melt and others.
- On the basis of application, the construction adhesive market is segmented into countertop and drywall lamination flooring, roofing, manufactured housing, panels, concrete and joint cement.
- On the basis of end-user, the construction adhesive market is segmented into residential, commercial, infrastructure and industrial.
North America Construction Adhesive Market Country Level Analysis
The construction adhesive market is segmented on the basis of resin type, technology, application and end-user.
The countries covered in the North America construction adhesive market report are U.S., Canada and Mexico in North America.
U.S. dominates the North America construction adhesive market due to the massive investment requirement in the U.S. owing to the aging of infrastructure.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Construction Adhesive Market Share Analysis
The construction adhesive market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to construction adhesive market.
Some of the major players operating in the construction adhesive market report are HENKEL AG & CO. KGAA, H.B. Fuller Company, Bostik SA, Sika Ag, Dow, DuPont, 3M, DAP Products Inc., Franklin International, ITW Polymers Adhesives, AVERY DENNISON CORPORATION, Gludown, Inc., Resinova Chemie Ltd., and MAPEI S.P.A., among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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