Construction Adhesives Market Size, Share, Growth Analysis, By Type(Water-Based Adhesives, Solvent-Based Adhesives), By Application(Flooring and Tiles, Concrete and Mortar) - Industry Forecast 2024-2031

Construction Adhesives Market size was valued at USD 14.5 billion in 2021 and is poised to grow from USD 15.27 billion in 2022 to USD 23.08 billion by 2030, growing at a CAGR of 5.3% during the forecast period (2023-2030).

The global construction adhesives market is a rapidly growing sector within the construction industry. These adhesives offer several advantages over traditional mechanical fastening methods, including improved aesthetics, enhanced durability, and increased efficiency. One of the key drivers fueling the growth of the global market is the booming construction industry worldwide. Increasing urbanization, population growth, and infrastructure development projects in both developed and emerging economies are driving the demand for construction materials, including adhesives. Additionally, the rising trend of lightweight and energy-efficient construction techniques further contributes to the market's expansion. Construction adhesives that are low in volatile organic compounds (VOCs) and environmentally friendly are gaining popularity due to increasing environmental regulations and consumer demand for greener construction solutions. Manufacturers are focusing on developing eco-friendly adhesive products to cater to this demand and gain a competitive edge in the market. Manufacturers are investing in research and development activities to introduce innovative adhesive solutions with improved bonding strength, flexibility, and faster curing times. Additionally, the integration of smart technologies, such as self-healing adhesives and adhesive systems with enhanced monitoring capabilities, is expected to further drive market growth.

US Construction Adhesives Market is poised to grow at a sustainable CAGR for the next forecast year.