Concrete Bonding Agents Market Analysis

  • Report ID: 5147
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Concrete Bonding Agents Market Analysis

Bonding Agent Type (Cementitious Latex-Based, Epoxy-Based)

The cementitious latex-based segment in the concrete bonding agents market is poised to garner a share of approximately 55% over the forecast period. Due to the significant adherence, it provides to fresh concrete when it attaches to old concrete, a cementitious latex-based concrete bonding agent is considered to be the greatest bonding agent. Epoxy-based concrete bonding agents deliver higher strength and long-lasting bonding to concrete as compared to latex-based ones, however, due to latex-based products' low cost, they currently hold the top two positions on the global market for concrete bonding agents.  Building surfaces such as columns, walls, and ceilings all employ the concrete bonding agent.

Application (Repairing, Flooring, Decorative)

Concrete bonding agents market from the repairing segment is set to gather a share of about 50% over the projected period. A primary driver is a significant increase in the need for fixing historic buildings since they are widely employed in repair and restoration applications. Additionally, instead of dismantling and erecting a new structure, various national governments are concentrating their funds on repairing and re-establishing a structure that already exists. To retain the strength of the old-created surface, there is substantial demand for maintenance and restoration efforts to improve the structural integrity of bridges, roads, parking lots, and old infrastructure.

Our in-depth analysis of the global market includes the following segments:

 

   Bonding Agent Type

  • Cementitious Latex-Based
  • Epoxy-Based

 

   Application

  • Repairing
  • Flooring
  • Decorative

   End-User Industry

  • Residential
  • Non-Residential
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Author Credits:  Rajrani Baghel


  • Report ID: 5147
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of concrete bonding agents is evaluated at USD 4.86 billion.

The concrete bonding agents market size was valued at USD 4.61 billion in 2024 and is likely to exceed USD 10.89 billion by the end of 2037, registering over 6.9% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by growth in number of old construction structure, surge in demand for decorative interior, and digital advancement in concrete bonding.

Asia Pacific is anticipated to capture the highest share of about 45% by 2037, due to growing urbanization and rising construction activity in China and India.

The major players in the market include Sika AG, BASF SE, Henkel AG & Co. KGaA, Ardex Group, MAPEI S.p.A., Fosroc, Inc., Laticrete International, Inc., GCP Applied Technologies Inc., W.R. Meadows, Inc., Dayton Superior Corporation.
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