Market Research Report
Construction Adhesive Market: By Type (Acrylic, Epoxies, Polyurethanes, Silicones and Others) By Application (Residential & Commercial Building, Civil Engineering, Glazing Systems and Others) & By Geography - Forecast 2019-2024
|Published by||IndustryARC||Product code||409809|
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|Construction Adhesive Market: By Type (Acrylic, Epoxies, Polyurethanes, Silicones and Others) By Application (Residential & Commercial Building, Civil Engineering, Glazing Systems and Others) & By Geography - Forecast 2019-2024|
|Published: December 25, 2018||Content info:||
Adhesives are a chemical formulation which is used to adhere the materials which range from basic household materials to construction materials. These are the substances used to embrace two surfaces together strongly for long duration. It is cautiously formulated blend of synthetic rubber and resins, inorganic fillers, coloring and preservative compounds borne in a specially selected blend of organic solvents designed to be compatible with and bond strongly to most common building materials. Construction adhesive is used in various applications such as bonding plywood, particle board, hardboard, decorative laminates, metals, concrete and others. The construction adhesives are broadly divided into resin types such as acrylic, epoxies, polyurethanes, silicones, phenolics, polyvinyl acetate and others. Polyurethane based adhesives can set solid and relatively fixed, or can remain rubbery and bendable.
Owing to benefits such as it can be used on wood, metals, rubbers, cured epoxy, leather, tile and glass, many plastics, concrete and brick, the list goes on. It does not work on polypropylene, polyethylene or on such substances as Teflon or silicone. Nor does it like waxy or oily surfaces.
The global market for construction adhesives was estimated to be $XX billion in 2015 and is estimated to grow at a CAGR of XX% and is forecast to reach $XX billion by 2021. The construction adhesives are forecast to have the highest growth of X% during the forecast period 2016-2021. Construction and chemical industries are the major end-users for construction adhesives.
Asia-Pacific (APAC) is the leading market for construction adhesives and is forecast to have highest growth in the next few years due to growing adoption of construction adhesives in industrial applications. North America construction adhesive market accounts to XX% of the global market for construction adhesives and is the fastest growing market followed by Europe.
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