Construction Adhesives Market Analysis

The market is segmented by application into tile installation, wallpapers, carper lying and others, out of which, the tile installation segment is anticipated to hold the notable share in the global construction adhesives market over the forecast period on account of increasing construction of residential buildings, where tiles are extensively used for flooring. On the basis of end-user, the residential segment is estimated to gain the highest market revenue over the forecast period, on the back of increasing construction of houses, and use of adhesive for installation of tiles, wallpapers, and others. In the U.S., construction of new houses crossed the expenditure of USD 200 billion, which is estimated to reach USD 430 billion by 2024.

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

By Type

Resin
Anaerobic
Epoxy
Others

By Application

Tile Installation
Wallpaper
Carpet Laying
Others

By End-User

Industrial
Commercial
Others

Frequently Asked Questions (FAQ)

Increasing construction of housing societies globally, along with various advantages of adhesive over other bonding materials is estimated to boost the market growth.

The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2022 â€“ 2030.

Unstable economic nature of construction industry is estimated to hamper the market growth.

The market in the Asia Pacific region is estimated to gain largest market share over the forecast period, owing to the increasing construction activities backed by the rising population and growing urbanization.

The major players in the market are H.B. Fuller Company, Arkema Group, The Dow Chemical Company, DAP Products Inc., and Avery Dennison Corporation.

Construction Adhesives Market Analysis