The global construction adhesives market is experiencing significant growth in recent years, due to the rising construction activities around the world. This is attributed to the increasing population and a need to provide better infrastructure to the people, resulting in the increasing demand for these adhesives in the construction adhesives market.

Adhesives are bonding agents which are used to join materials. Construction adhesive is chemical formulation that are used to hold materials together, ranging from households materials to construction materials. Some of the application of these adhesives includes carpet payment, ceramic tile, concrete, flooring underlayment, joint cement, roofing, wall coverings, and others.

On the basis of resin type, the construction adhesives market is segmented into acrylic adhesive, polyvinyl acetate, polyurethane, epoxy, and others. Acrylic adhesives are further classified into anaerobic acrylic adhesives, cyanoacrylates adhesives, and reactive acrylic.

Polyurethane is further classified into reactive adhesives and non-reactive adhesives. Of all these, polyurethane is expected to register the highest growth in the market, which is attributed to its wide range of applications in the construction industry. Some of the advantages of using polyurethane adhesives are, it is a moisture curing, provides high strength, high water resistance, extra durability, and others, making it an ideal choice in the market.

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Based on technology, the construction adhesives market is segmented into water-borne, reactive, solvent-borne, and others. Water-borne technology is further classified into the natural water-borne adhesive and synthetic water-borne adhesive. Reactive technology is further categorized into two types, one-component, and two-component. A water-borne segment is anticipated to hold the largest share in the market, as these adhesives have improved moisture resistance as compared to other adhesives which are directly soluble in water.

Shortage of labor in the construction industry, already developed infrastructure in developed countries, and stringent environmental regulations in the European and North American countries are identified as major challenges in the construction adhesives market growth. The construction industry around the world is facing a severe shortage of labor in the market. The outlook of the construction industry looks bright, however labor shortage could possibly affect the industry growth, further affecting the demand of these adhesives in the market.

Global manufacturers are focusing on ensuring safety to avoid health-related issues associated with volatile organic compounds emissions from the adhesives used in the construction industry, which is also affecting the production capacities of the manufacturers at the same time.

Some of the major players operating in the construction adhesives industry are Henkel Corporation, 3M Company, Bostik, Sika AG, H.B. Fuller, BASF SE, DowDuPont Inc., Franklin International, Avery Dennison, and Mapei SpA.

Source: VynZ Research