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Construction adhesives Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 137
  • SKU: IRTNTR74117
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The construction adhesives market share is expected to increase by USD 3.65 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.52%.

This construction adhesives market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers construction adhesives market segmentations by end-user (residential, commercial, and industrial) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The construction adhesives market report also offers information on several market vendors, including 3M Co., ARDEX GmbH, Arkema S.A., Avery Dennison Corp., Custom Building Products, DAP Global Inc., Dribond Construction Chemicals, DURA PRO, FLEXTILE LTD., Franklin International, H.B. Fuller Co., Henkel AG & Co. KGaA, Illinois Tool Works Inc., JMH International Ltd., LATICRETE International Inc, Mapei SpA, Saint Gobain Weber, Sika AG, The Dow Chemical Co., and Terraco Holdings Ltd among others.

What will the Construction Adhesives Market Size be During the Forecast Period?

Construction adhesives Market Size

Download Report Sample to Unlock the Construction adhesives Market Size for the Forecast Period and Other Important Statistics

 

Construction Adhesives Market: Key Drivers, Trends, and Challenges

The increased government spending on infrastructure is notably driving the construction adhesives market growth, although factors such as the rise in the price of construction adhesives may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the construction adhesives industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Construction Adhesives Market Driver

  • The increased government spending on infrastructure is one of the key drivers fueling the construction adhesives market growth. 
  • The presence of a strong infrastructure in a country encourages multinational companies (MNCs) to make heavy investments and set up their establishments. Apart from the overall development of the whole country, the presence of well-established infrastructure also raises the living standards and human development index of a country. 
  • APAC has seen the biggest growth in infrastructure spending between 2019 and 2021, with a sharp growth in 2022. Despite this growth, countries in the region are expected to invest more to match countries in Europe and North America. 
  • Governments in India, Indonesia, and Thailand are taking initiatives to encourage the construction industry in their respective countries, which will, in turn, improve their economic conditions. For example, in India, the Smart Cities Mission, the Make in India, and Housing for All initiatives are undertaken by the Indian government, which will remain a huge driver for the construction market in the country.
  • The flow of foreign direct investment (FDI) will have a positive impact on the real estate and construction industries. The introduction and implementation of the goods and service tax (GST) will also ease tax-related complexities in the construction industry. These initiatives will help in improving the construction industry in India, which will increase the demand for construction adhesives.

Key Construction Adhesives Market Trend

  • The rise in the adoption of eco-friendly adhesives is one of the key construction adhesives market trends propelling the market growth.
  • Eco-friendly adhesives can lower solvent emissions and airborne particles that are released by the adhesive. This has resulted in manufacturers shifting their focus toward manufacturing construction adhesives using low VOC-emitting materials, such as recycled denim or cellulose insulation.
  • The adoption of water-based adhesives, which are considered eco-friendly, is increasing as they are low in VOCs. They form a bond between two substrates once the water in the formulation evaporates or gets absorbed into the substrate, leaving the adhesive behind.
  • Some manufacturers of construction adhesives are fully committed to formulating environment-friendly adhesives to meet the highest possible standards of environmental health and safety. Thus, the rise in the adoption of eco-friendly adhesives is likely to fuel market demand for construction adhesives during the forecast period.

Key Construction Adhesives Market Challenge

  • The rise in the price of construction adhesives is one of the key factors limiting the construction adhesives market growth.
  • The raw materials that are used to manufacture construction adhesives are sourced from crude oil and petrochemicals.
  •  The volatility in the price of crude oil is likely to affect the prices of raw materials, which, in turn, might affect the profitability of market vendors. For instance, the global price of crude oil increased from $50 per barrel to $86 per barrel during January 2021-October 2021.
  • The increase in the prices of raw materials has influenced vendors to increase the prices of construction adhesives. Thus, the rise in the prices of construction adhesives could lead to a reduction in the use of construction adhesives in developing economies where end-users are price-conscious. 

This construction adhesives market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global construction adhesives market as a part of the global specialty chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the construction adhesives market during the forecast period.

Who are the Major Construction Adhesives Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 3M Co.
  • ARDEX GmbH
  • Arkema S.A.
  • Avery Dennison Corp.
  • Custom Building Products
  • DAP Global Inc.
  • Dribond Construction Chemicals
  • DURA PRO
  • FLEXTILE LTD.
  • Franklin International
  • H.B. Fuller Co.
  • Henkel AG & Co. KGaA
  • Illinois Tool Works Inc.
  • JMH International Ltd.
  • LATICRETE International Inc
  • Mapei SpA
  • Saint Gobain Weber
  • Sika AG
  • The Dow Chemical Co.
  • Terraco Holdings Ltd

 

This statistical study of the construction adhesives market encompasses successful business strategies deployed by the key vendors. The construction adhesives market is fragmented and the vendors are deploying growth strategies such as acquisitions to compete in the market.

Product Insights and News

  • 3m.com - The safety and industrial segment focuses on industrial abrasives and finishing for metalworking applications, autobody repair solutions, closure systems for personal hygiene products, masking, and packaging materials.
  • 3m.com - The company offers polyurethane construction sealant 525 which is designed to seal construction expansion joints.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The construction adhesives market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Construction Adhesives Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the construction adhesives market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Construction Adhesives Market?

Construction adhesives Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

43% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the construction adhesives market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rise in the commercial and residential construction sectors will facilitate the construction adhesives market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 negatively affected the regional market. However, the governments in APAC countries made efforts in 2021 to improve the construction industry, which will drive market growth in the forecasted period.

What are the Revenue-generating End-user Segments in the Construction Adhesives Market?

Construction adhesives Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The construction adhesives market share growth in the residential segment will be significant during the forecast period. The residential segment of the global construction adhesives market is mainly driven by the demand for construction adhesives used in residential housing. The residential construction industry uses construction adhesives for bonding, maintenance, renovation, and repairing applications in residential projects. In the residential construction sector, construction adhesives are used to bond materials with each other and are also used as raw materials in concrete mixtures, slabs, coatings, and others. Such wide use of construction adhesives in residential sectors will boost the market growth in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the construction adhesives market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Construction Adhesives Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.52%

Market growth 2022-2026

$ 3.65 billion

Market structure

Fragmented

YoY growth (%)

4.75

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 43%

Key consumer countries

US, China, India, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

3M Co., ARDEX GmbH, Arkema S.A., Avery Dennison Corp., Custom Building Products, DAP Global Inc., Dribond Construction Chemicals, DURA PRO, FLEXTILE LTD., Franklin International, H.B. Fuller Co., Henkel AG & Co. KGaA, Illinois Tool Works Inc., JMH International Ltd., LATICRETE International Inc, Mapei SpA, Saint Gobain Weber, Sika AG, The Dow Chemical Co., and Terraco Holdings Ltd

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Construction Adhesives Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive construction adhesives market growth during the next five years
  • Precise estimation of the construction adhesives market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the construction adhesives industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of construction adhesives market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Residential - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Residential - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Residential - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Residential - Year-over-year growth 2021-2026 (%)
    • 5.4 Commercial - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Commercial - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
    • 5.5 Industrial - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Industrial - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Industrial - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by End-user
      • Exhibit 40: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 India - Market size and forecast 2021-2026
      • Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 3M Co.
              • Exhibit 93: 3M Co. - Overview
              • Exhibit 94: 3M Co. - Business segments
              • Exhibit 95: 3M Co. - Key news
              • Exhibit 96: 3M Co. - Key offerings
              • Exhibit 97: 3M Co. - Segment focus
            • 10.4 Arkema S.A.
              • Exhibit 98: Arkema S.A. - Overview
              • Exhibit 99: Arkema S.A. - Business segments
              • Exhibit 100: Arkema S.A. - Key news
              • Exhibit 101: Arkema S.A. - Key offerings
              • Exhibit 102: Arkema S.A. - Segment focus
            • 10.5 Avery Dennison Corp.
              • Exhibit 103: Avery Dennison Corp. - Overview
              • Exhibit 104: Avery Dennison Corp. - Business segments
              • Exhibit 105: Avery Dennison Corp. - Key news
              • Exhibit 106: Avery Dennison Corp. - Key offerings
              • Exhibit 107: Avery Dennison Corp. - Segment focus
            • 10.6 DAP Global Inc.
              • Exhibit 108: DAP Global Inc. - Overview
              • Exhibit 109: DAP Global Inc. - Product / Service
              • Exhibit 110: DAP Global Inc. - Key news
              • Exhibit 111: DAP Global Inc. - Key offerings
            • 10.7 Franklin International
              • Exhibit 112: Franklin International - Overview
              • Exhibit 113: Franklin International - Product / Service
              • Exhibit 114: Franklin International - Key offerings
            • 10.8 H.B. Fuller Co.
              • Exhibit 115: H.B. Fuller Co. - Overview
              • Exhibit 116: H.B. Fuller Co. - Business segments
              • Exhibit 117: H.B. Fuller Co. - Key news
              • Exhibit 118: H.B. Fuller Co. - Key offerings
              • Exhibit 119: H.B. Fuller Co. - Segment focus
            • 10.9 Henkel AG Co. KGaA
              • Exhibit 120: Henkel AG Co. KGaA - Overview
              • Exhibit 121: Henkel AG Co. KGaA - Product / Service
              • Exhibit 122: Henkel AG Co. KGaA - Key news
              • Exhibit 123: Henkel AG Co. KGaA - Key offerings
            • 10.10 Illinois Tool Works Inc.
              • Exhibit 124: Illinois Tool Works Inc. - Overview
              • Exhibit 125: Illinois Tool Works Inc. - Business segments
              • Exhibit 126: Illinois Tool Works Inc. - Key offerings
              • Exhibit 127: Illinois Tool Works Inc. - Segment focus
            • 10.11 Sika AG
              • Exhibit 128: Sika AG - Overview
              • Exhibit 129: Sika AG - Business segments
              • Exhibit 130: Sika AG - Key news
              • Exhibit 131: Sika AG - Key offerings
              • Exhibit 132: Sika AG - Segment focus
            • 10.12 The Dow Chemical Co.
              • Exhibit 133: The Dow Chemical Co. - Overview
              • Exhibit 134: The Dow Chemical Co. - Business segments
              • Exhibit 135: The Dow Chemical Co. - Key news
              • Exhibit 136: The Dow Chemical Co. - Key offerings
              • Exhibit 137: The Dow Chemical Co. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 138: Inclusions checklist
                • Exhibit 139: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 140: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 141: Research methodology
                • Exhibit 142: Validation techniques employed for market sizing
                • Exhibit 143: Information sources
              • 11.5 List of abbreviations
                • Exhibit 144: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Construction adhesives market growth will increase by $3652.89 million during 2022-2026.
              The construction adhesives market is expected to grow at a CAGR of 5.52% during 2022-2026.
              Technavio has segmented the construction adhesives market by geographic (APAC, North America, Europe, Middle East and Africa, and South America).
              3M Co., ARDEX GmbH, Arkema S.A., Avery Dennison Corp., Custom Building Products, DAP Global Inc., Dribond Construction Chemicals, DURA PRO, FLEXTILE LTD., Franklin International, H.B. Fuller Co., Henkel AG & Co. KGaA, Illinois Tool Works Inc., JMH International Ltd., LATICRETE International Inc, Mapei SpA, Saint Gobain Weber, Sika AG, The Dow Chemical Co., Terraco Holdings Ltd are a few of the key vendors in the construction adhesives market.
              APAC will register the highest growth rate of 42.74% among the other regions. Therefore, the construction adhesives market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the construction adhesives market growth are:
              • Increased government spending on infrastructure
              • Rise in adoption of eco-friendly adhesives
              The construction adhesives market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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