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The global construction adhesives & sealants chemical market was valued at $7,131 million in 2016, and is expected to reach $12,844 million by 2023, growing at a CAGR of 8.8% during the forecast period.
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Construction Adhesives & Sealants Chemical Market to Grow $12,844 Million by 2023
Introduction • The global construction adhesives & sealants chemical market was valued at $7,131 million in 2016, and is expected to reach $12,844 million by 2023, growing at a CAGR of 8.8% during the forecast period. • In 2016, water-based adhesives accounted for two-fifths of the total share, in terms of revenue, whereas acrylic sealants accounted for one-third of the total share. • The global construction adhesives & sealants chemical market is segmented based on adhesive type, sealant type, application, and geography. • On the basis of adhesive type, the market is divided into water-based, solvent-based, hot melt, pressure-sensitive, and others (reactive and formaldehyde adhesives).
Asia-Pacific is expected to lead the market during the forecast period, followed by LAMEA • In 2016, the infrastructures application generated the highest revenue, and is projected to grow at a CAGR of 9.2% during the forecast period • In 2016, the acrylic sealants type generated the highest revenue, and is projected to grow at a significant CAGR during the forecast period • The residential segment is anticipated to show high growth rate, registering a CAGR of 8.5% • LAMEA accounted for approximately one-fourth share in terms of revenue, in 2016. • The construction adhesives & sealants chemical market in North America is anticipated to grow at a CAGR of 7.4% Key Findings of theMarket
This report provides the quantitative analysis of the current market and estimations from 2015 to 2023, which assists to identify the prevailing market opportunities • This report provides an extensive analysis of the current & emerging market trends and dynamics in the market • The study covers competitive landscape and value chain analysis, which help to understand the competitive environment across the geographies • An in-depth analysis of current R&D activities is provided that helps to understand the behavior of the market • Extensive analysis of segment by type helps in understanding the current adhesives & sealants construction chemical being used along with the variants that would gain prominence in the future • Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework. Key Benefits Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/2083
By Type (Adhesives Market) • Water-Based • Solvent-Based • Hot Melt • Pressure-Sensitive • Others • By Type (Sealants Market) • Acrylic • Silicone • Polyurethane • Butyl • Others MarketSegmentation • By Application • Residential • Commercial • Infrastructure • Repair Structures • By Geography • North America • Europe • Asia-Pacific • LAMEA
Key Players of theMarket • Henkel AG & Company, • H.B. Fuller, Bostik SA, • 3M Company, • Illinois Tool Works Corporation, • Avery Dennison Corporation • Others For purchase enquiry, visit @https://www.alliedmarketresearch.com/purchase-enquiry/2083
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