Title: Construction Adhesives Market– Forecast (2021-2026)
1Construction Adhesives MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Construction Adhesives Market size is forecast to
reach 13.6 billion by 2026, after growing at a
CAGR of 5.4 during 2021-2026. - A rapidly rising construction industry in the
Asia-Pacific Middle East, and increasing demand
for panels and glazing in high-rise buildings are
major factors driving the market. - The growth of the global construction adhesive
market could be fostered by growing demand for
construction adhesives worldwide due to
increasing construction and infrastructure
activities. - In addition, their low cost and easy availability
are driving global market growth.
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- Key Takeaways
- Asia Pacific dominates the market, owing to
increased construction activities and various
government initiatives such as 100 smart cities
and Housing for all by 2022 in the region. - Growing demand for new and creative products and
the need for research and development in
construction adhesives have encouraged businesses
to pursue organic and inorganic growth strategies
to increase their market share. - Due to the COVID-19 Pandemic most of the
countries has gone under lockdown, due to which
operations of various industries including
building and construction has been negatively
affected, which is hampering the construction
adhesives market growth.
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Construction Adhesives Market Segment Analysis -
By Geography Asia Pacific region held the
largest share in the construction Adhesives
market in 2020 up to 32, owning to growth in
construction projects in countries such as India,
Malaysia and others. For instance, in 2019, China
approved to invest 142 billion in 26
infrastructure projects. According to India Brand
Equity Foundation (IBEF), India plans to spend
US 1.4 trillion on infrastructure in the next
five years. In addition, in February 2020, the
Asian Development Bank approved a loan of 631
million to develop the Vishakhapatnam-Chennai
industrial corridor.
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- Construction Adhesives Industry Outlook
- Henkel
- 3M
- Bostik
- Sika
- H.B. Fuller
- BASF
- Dow Chemical
- DAP Products
- Franklin International
- Illinois Tool Works
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Construction Adhesives Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Construction
-Adhesives-Market-Research-510785
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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