Global Concrete Bonding Adhesives Market

Description

Market Overview

The global concrete bonding adhesives market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 8.20% during the forecast period (2023-2030).

Concrete bonding adhesives are typically used in construction and repair projects, such as patching and resurfacing concrete surfaces. It can repair cracks, holes and other damage to concrete surfaces and bond new concrete to existing surfaces. Concrete bonding adhesives come in various forms, such as epoxy, acrylic and polyurethane, each with unique properties and advantages.

Market Dynamics

The growing use of epoxy in concrete bonding adhesives in the construction industry

Epoxy is a glue made from epoxy coating and a hardener. As a result of its durability and strength, it is a fantastic alternative for concrete bonding surfaces. Epoxy-based concrete bonding adhesives are often employed in the building sector due to their capacity to create a solid, long-lasting bond.

Further, epoxy concrete bonding adhesives are water- and moisture-resistant, making them ideal for outdoor and damp environments. Furthermore, Epoxy-based concrete bonding adhesives resist heavy loads and high traffic, making them suitable for use on floors, sidewalks, driveways and other high-traffic areas. It can also be used in industrial and commercial projects, as well as in residential settings. Therefore, epoxy is the main product that drives the global market for concrete bonding adhesives.

The stringent environmental regulations

Stringent regulations are the second major factor limiting global concrete bonding adhesives market growth. Concrete bonding adhesives are subject to regulations and standards established by various government and industry bodies. The regulations can be quite strict and manufacturers may be required to invest in costly testing and certification processes. It may increase production costs and make it difficult for small or new manufacturers to enter the market. Governments have laws and regulations that limit the use of certain chemicals in concrete bonding adhesives, limiting the variety of products on the market. It can also stifle market growth because companies may not produce certain products that meet regulatory requirements.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global concrete bonding adhesives market is segmented based on type, application and region.

Due to its flexibility and convenience features, the onsite application has the largest market share

Onsite application of concrete bonding adhesives allows for greater control over the bonding process, as the adhesive can be applied in the exact amount and location required-the respective application results in more efficient use of resources and a higher-quality bond. The use of epoxy in producing concrete bonding adhesives for onsite applications is likely to continue driving the market's growth, as adhesives are widely used in various construction and repair applications.

Geographical Analysis

The strong presence of major players in economic development in the Asia-Pacific

A major factor contributing to the dominance of the Asia-Pacific is the presence of many manufacturers. Many manufacturers of concrete bonding adhesives are based in the Asia-Pacific region, allowing them to take advantage of the region's lower labor and production costs. It allows them to produce these adhesives at a lower cost and compete more effectively in the market.

Furthermore, the increasing regional middle-class population and income levels amongst these populations may foster the development within the global concrete bonding adhesives market in years to come.

Competitive Landscape

The major global players in the market include H. B. Fuller Company, BASF, Franklin International, AVERY DENNISON CORPORATION, Ashland, Lord Corporation (Parker Hannifin Corp.), Arkema, Hubei Huitian Adhesive Enterprise Co., Ltd., 3M and Chembond Chemicals.

Why Purchase the Report?

To visualize the global concrete bonding adhesives market segmentation based on type, application and region, as well as understand key commercial assets and players.
Identify commercial opportunities by analyzing trends and co-development.
Excel data sheet with numerous data points of concrete bonding adhesives market-level with all segments.
PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
Product mapping available as excel consisting of key products of all the major players.

The global concrete bonding adhesives market report would provide approximately 53 tables, 48 figures and 182 Pages.

Target Audience 2023

Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies

Product Code: CH1581

1. Methodology and Scope

1.1. Research Methodology
1.2. Research Objective and Scope of the Report

2. Definition and Overview

3. Executive Summary

3.1. Snippet by Type
3.2. Snippet by Application
3.3. Snippet by Region

4. Dynamics

4.1. Impacting Factors
- 4.1.1. Drivers
  - 4.1.1.1. The growing use of epoxy in concrete bonding adhesives in the construction industry drives the market growth
  - 4.1.1.2. XX
- 4.1.2. Restraints
  - 4.1.2.1. The stringent environmental regulations
  - 4.1.2.2. XX
- 4.1.3. Opportunity
  - 4.1.3.1. XX
- 4.1.4. Impact Analysis

5. Industry Analysis

5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis

6. COVID-19 Analysis

6.1. Analysis of COVID-19
- 6.1.1. Before COVID-19 Scenario
- 6.1.2. Present COVID-19 Scenario
- 6.1.3. Post COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion

7. By Type

7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 7.1.2. Market Attractiveness Index, By Type
7.2. Epoxy*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Polyurethane
7.4. Polyvinyl Acetate
7.5. Acrylic
7.6. Others

8. By Application

8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 8.1.2. Market Attractiveness Index, By Application
8.2. Onsite Application*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Offsite Application
8.4. Civil Engineering
8.5. Others

9. By Region

9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 9.1.2. Market Attractiveness Index, By Region
9.2. North America
- 9.2.1. Introduction
- 9.2.2. Key Region-Specific Dynamics
- 9.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.2.5.1. U.S.
  - 9.2.5.2. Canada
  - 9.2.5.3. Mexico
9.3. Europe
- 9.3.1. Introduction
- 9.3.2. Key Region-Specific Dynamics
- 9.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.3.5.1. Germany
  - 9.3.5.2. UK
  - 9.3.5.3. France
  - 9.3.5.4. Italy
  - 9.3.5.5. Russia
  - 9.3.5.6. Rest of Europe
9.4. South America
- 9.4.1. Introduction
- 9.4.2. Key Region-Specific Dynamics
- 9.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.4.5.1. Brazil
  - 9.4.5.2. Argentina
  - 9.4.5.3. Rest of South America
9.5. Asia-Pacific
- 9.5.1. Introduction
- 9.5.2. Key Region-Specific Dynamics
- 9.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 9.5.5.1. China
  - 9.5.5.2. India
  - 9.5.5.3. Japan
  - 9.5.5.4. Australia
  - 9.5.5.5. Rest of Asia-Pacific
9.6. Middle East and Africa
- 9.6.1. Introduction
- 9.6.2. Key Region-Specific Dynamics
- 9.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 9.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

10. Competitive Landscape

10.1. Competitive Scenario
10.2. Market Positioning/Share Analysis
10.3. Mergers and Acquisitions Analysis

11. Company Profiles

11.1. H. B. Fuller Company*
- 11.1.1. Company Overview
- 11.1.2. Product Portfolio and Description
- 11.1.3. Financial Overview
- 11.1.4. Key Developments
11.2. BASF SE
11.3. Franklin International
11.4. AVERY DENNISON CORPORATION
11.5. Ashland
11.6. Lord Corporation
11.7. Arkema.
11.8. Hubei Huitian Adhesive Enterprise Co., Ltd.
11.9. 3M
11.10. Chembond Chemicals

LIST NOT EXHAUSTIVE

12. Appendix

12.1. About Us and Services
12.2. Contact Us

Global Concrete Bonding Adhesives Market - 2023-2030