North America Construction Adhesive Market, By Resin Type (Acrylics, Epoxy, Polyurethanes, Polyvinyl Acetate (PVA), Silicones and Others), Technology (Water-borne, Reactive, Hot-melt and Others), End-User (Residential, Commercial, Infrastructure and Industrial) Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2027
North America construction adhesive market is estimated to reach at a growth rate of CAGR 5.1% by the forecast period of 2020 to 2027. Major factor driving the growth of the market is the growing demand for building and construction sector in the United States.
Construction adhesive is a chemical formulation that is used to hold two or more materials together. They range from construction materials to basic household materials. It is appropriate material to blend inorganic fillers, coloring, resins and preservatives compounds. The new construction principles and joining methods are contributing to the utilization of wood in construction structures. Wood is increasingly being used in the schools, transmission towers, bridges, offices, theaters, and multi-family dwellings. Polyurethane products have advantages such as solvent-free nature, direct application, and environmental compatibility, which make them suitable for the use in wood applications.
Increased demand for the market in the infrastructure and construction activities is the factors which are driving the growth of the market. Use of construction adhesives in household and commercial activities is anticipated to drive the growth of the market, as low cost and easy availability will boost the growth of the market in future. Technological advancements and better production techniques and rising demand from glazing and panels in high rise buildings create growth opportunities for North America construction adhesive market in the forecast period of 2020-2027.
Less scope of development in developed countries due to established infrastructure will act as a restrain, and further challenge the growth of North America construction adhesive market in the forecast period mentioned above.
The North America construction adhesive market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions and technological innovations in the market. To gain more North America construction adhesive market on Data Bridge Market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Construction Adhesive Market Scope and Market Size
North America construction adhesive market is segmented on the basis of resin type, technology and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of resin type, North America construction adhesive market is segmented into acrylics, epoxy, polyurethanes, polyvinyl acetate (PVA), silicones and others.
- On the basis of technology, North America construction adhesive market is segmented water-borne, reactive, hot-melt and others.
- Based on end-user, North America construction adhesive market is segmented residential, commercial, infrastructure and industrial.
North America Construction Adhesive Market Country Level Analysis
North America construction adhesive market is analysed and market size, volume information is provided by country, resin type, technology and end-user as referenced above.
The countries covered in the North America construction adhesive market report are U.S., Canada and Mexico
United States is dominating the market due to highest share of the market and will dominate the market in the forecast period as well.
The country section of the North America construction adhesive market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North American brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Construction Adhesive Market Share Analysis
North America construction adhesive market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to North America construction adhesive market.
The major players covered in the North America construction adhesive market report are HENKEL AG & CO. KGAA, H.B. Fuller Company, Bostik SA, Sika Ag, Dow, DuPont, 3M, DAP Products Inc., Franklin International, ITW Polymers Adhesives, AVERY DENNISON CORPORATION, Gludown, Inc., Resinova Chemie Ltd., MAPEI S.P.A among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : North America Construction Adhesive Market
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