Effective Raw Material Procurement is Driving Transformational Growth by Creating Profitability
Construction adhesives and sealants are frequently utilized for both structural and non-structural bonding and sealing tasks in construction, which include affixing drywalls, tiles, moldings, and fixtures to walls, ceilings, and floors. The use of construction adhesives for both structural and non-structural bonding is becoming increasingly significant due to the introduction of new materials, innovative construction techniques, and heightened time constraints. Examples of applications range from the simple bonding of wooden laths, plaster, or insulation boards to the more complex bonding of facade elements and structural reinforcements.
Moreover, in a market environment where application time, bonding quality, and the costs associated with products and their application all influence the choices of building contractors and construction firms, innovations in product functionality by manufacturers will expand the options available to end users. Construction methods that involve bonding different substrates, such as wood and concrete, are becoming more popular, as end users, including building contractors and construction companies, recognize the numerous advantages of such methods, which offer more sustainable, environmentally friendly, lightweight, and aesthetically pleasing construction products. The construction adhesives and sealants market encompasses various product types, including structural adhesives, non-structural adhesives, structural sealants, and non-structural sealants.
Each product type is associated with different applications, which are elaborated upon for each segment. The primary product types relevant to each application area have been analyzed in this study, which has been conducted on a global scale.
Applications have been quantitatively detailed for all major product types, along with their respective chemistry and technology types for the overall market. The global construction sector will grow at a compound annual growth rate (CAGR) of more than 3% between 2024 and 2031.
This growth stems from the increasing demand for both new and renovated (remodeled, for both repair and design upgrade objectives) commercial, residential, and government infrastructure globally, with prominent futuristic construction growth projected for high-growth economies and a fast-growing end-consumer base with increasing per capita disposable income. Overall, the growth of the global construction sector will be a significant contributor to driving the market's volume growth between 2024 and 2031.
Table of Contents
Research Scope
Scope of Analysis
Segmentation
Growth Environment: Transformation in Construction Adhesives and Sealants
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Construction Adhesives and Sealants Industry
Ecosystem in Construction Adhesives and Sealants
Value Chain Analysis, 2024
Competitive Environment
Product Matrix, Key Competitors
Growth Generator in Construction Adhesives and Sealants
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Restraints
Growth Restraint Analysis
Forecast Considerations
Revenue and Volume Forecast
Revenue Forecast by Product Type
Volume Forecast by Product Type
Revenue Forecast by Region
Volume Forecast by Region
Revenue and Volume Forecast Analysis
Pricing Forecast by Product Type
Pricing Trends and Forecast Analysis
Revenue Share
Revenue Share Analysis
Growth Generator, Structural Adhesives
Segment Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Application
Volume Forecast by Application
Forecast Analysis by Application
Revenue Forecast by Technology
Volume Forecast by Technology
Forecast Analysis by Technology
Growth Generator Non-structural Adhesives
Segment Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Application
Volume Forecast by Application
Forecast Analysis by Application
Revenue Forecast by Technology
Volume Forecast by Technology
Forecast Analysis by Technology
Growth Generator, Structural Sealants
Segment Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Application
Volume Forecast by Application
Forecast Analysis by Application
Revenue Forecast by Technology
Volume Forecast by Technology
Forecast Analysis by Technology
Growth Generator Non-structural Sealants
Segment Characteristics and Overview
Growth Metrics
Revenue and Volume Forecast
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Application
Volume Forecast by Application
Forecast Analysis by Application
Revenue Forecast by Technology
Volume Forecast by Technology
Forecast Analysis by Technology
Growth Opportunity Universe in Construction Adhesives and Sealants
Growth Opportunity 1: Growing Business Inorganically