Albany, NY -- (SBWIRE) -- 12/31/2018 -- ResearchMoz.us has announced the addition of a report, titled "Construction Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026". The report on the global construction adhesives market presents critical assessment of key growth dynamics, current avenues in key regions, emerging competitive landscape, and the impact of regulatory landscape on the prospects of the market. The analyses offer insights into leading regional markets and prominent product segments.
The global construction adhesives market is projected to rise at single-digit CAGR from 2018 to 2026. The growth of the market essentially rides on the back of rising residential housing and infrastructure activities across the world. The rise is dovetailed by the rapid pace of infrastructural developments in numerous industrialized nations, especially those in Asia Pacific.
In developed countries, notably in North America, rapid progress has been made in the residential as well commercial construction sectors in recent years. This is a key factor propelling the growth of the construction adhesives market. In particular, the U.S. has been witnessing substantial rise in non-residential buildings for health care facilities and offices.
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Meanwhile, sizeable strides being experienced by the housing sector in India and the U.K. are imparting considerable impetus to the growth of the construction adhesives market. The rising demand for new housing and the large growth momentum that the retail sector has taken in the countries in recent years are trends fueling the growth of the market.
However, there exist few bottlenecks to the steady growth of the global construction adhesives market. The emission of volatile organic compounds (VOCs) from the growing use of some construction adhesives, notably solvent-based construction adhesives, is a genuine concern that has been hampering the prospects for quite some time now. Moreover, there exists in place several regulations pertaining to the level of VOC emissions in various countries. Stringent implementation of these regulations in recent years has made a dent in the profitability of the construction adhesives market.
Nevertheless, the market will benefit from manufacturers making a conscious effort to shift from solvent-based construction adhesives to water-based types. The rapid pace of industrialization will also open new demand trajectories in the coming years. Efforts in effective control of pollution in developed countries will account for thriving demand for eco-friendly construction adhesives.
Advances made in water-based technologies for construction adhesives have unlocked promising prospects in the market. Moreover, the rising demand for acrylic construction adhesives in various application areas is propelling the market's growth. The rising popularity is attributed to the versatility of their use in a wide variety of materials such as metal, wood, glass, and waterproof items.
Some of the leading players operating in the global construction adhesives market are 3M, H.B. Fuller Company, Bostik SA, SIKA Group, and Henkel AG & Company KGaA.
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