(MENAFNEditorial) The global market value of construction adhesivewas estimated to be about $10.56 billion in 2020 and is projected to grow at a CAGR 5.13% between 2015 and 2020. The data mentioned in the report are based on the global demand for construction adhesive.
The construction adhesive market has been analyzed based on the Porter’s five forces model. This gives an idea about the current proceedings in the industry at commercial level. The study provides the value chain analysis with respect to the technology providers construction adhesive producers construction chemical manufacturers and end-user industries. The value chain describes the key contributors to the construction adhesive market at different stages from product development to end use. It represents the top players which are contributing to the global construction adhesive industry.
The impact of different market factors such as drivers restraints and opportunities is also illustrated in the report. This gives an idea about the key drivers such as government regulatory support public awareness application growth for construction adhesive in Asia-Pacific especially in China and India where there is robust growth in the housing and commercial followed by infrastrucutre industry. The economic slowdown in Europe and U.S. also affected the economy of other developed countries and the price volatility of the adhesive in the past made the market more strained for the construction applications.
The key companies in this market are are 3M (U.S.) Henkel A&G (Germany) Sika (Switzerland) Bostik (France) H.B. Fuller (U.S.) Franklin International (U.S.) DAP Products (U.S.) ITW (U.S.) Avery Dennision Corporation (U.S.) and The Dow Chemical Company (U.S.) and others. These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serving the customers more effectively. New product development and acquisitions were the most preferred strategies by the top players in 2013 that were driving the demand of construction adhesive. Their strategy to capture the untapped market in developing economies includes expansion partnership and investments.
The Asia-Pacific region emerged to be the driving factor for this market contributing for about 48.89% of the global demand in terms of market share in 2015. China is the leading country in theconsumption of construction adhesive due to the increased demand of the infrastructure development maintainance and renovation. The important emerging economies such as Brazil Qatar India Argentina and others are further lined up for a brighter future in this market.
Request for sample of this research report:
http://www.gosreports.com/global-construction-adhesive-industry-2015-market-research-report/
More related reports
http://www.gosreports.com/construction-adhesive-market-by-type-acrylic-polyurethane-polyvinyl-acetate-epoxy-others-by-technology-waterborne-solvent-borne-reactive-others-by-application-onsite-offsite-civil/
http://www.gosreports.com/'s=Construction+Adhesive+Market
For any enquires before buying connect with us \n This email address is being protected from spambots. You need JavaScript enabled to view it.
About Gosreports
Gos International Inc. is one of the leading distributors of market research reports in the world today. We host more than 40000 research products from the world’s top publication houses.
Our web-based platform offers an unmatched collection of market research reports company reviews databooks articles periodical publications databases and much more delivered by the successful and well-established publishers with whom we are currently in partnership.
Contacts Us
Joanna | Executive - International Business and partner Relations
E-mail: \n This email address is being protected from spambots. You need JavaScript enabled to view it. | Tel: 001-510-400-8520
Web: www.gosreports.com
This press release has been viewed 42 times on PR Buzz.