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Adhesives Market in Global Construction Industry Forecast to Reach $8.63 Billion by 2019

The market for adhesives in the global construction industry is expected to reach an estimated value of $8.63 billion by 2019. The major drivers of the market are increasing construction and renovation activities. There is a myriad of applications for adhesives in the construction activities, such as carpet layment, ceramic tiles, concrete, flooring underlayment, pre-finished panels, and roofing.

Asia-Pacific dominated the market for adhesives in global construction in 2013 and is expected to remain the largest market, due to the growing urbanization and increasing infrastructure spending. The growing demand for prefabricated components during the construction activities will drive this industry.

Lucintel, a leading global management consulting and market research firm, has analyzed the adhesives in the global construction industry by regions and products, and has come up with a comprehensive research report, "Growth Opportunities for Adhesives in the Global Construction Industry 2014-2019: Trends, Forecast, and Market Analysis." This report provides an analysis of the adhesives market in the global construction industry, including the analysis of market trends, company profiles, cost structures, growth opportunities, key drivers, and emerging trends of the market. The study also includes forecasts through 2019, segmented by regions and products as listed below:

Adhesives market in the global construction industry by regions:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

The market for adhesive products in the construction industry for the regions mentioned above are:

  • Acrylics Adhesives
  • Polyvinyl Acetate (PVA) Adhesives
  • Polyurethane Adhesives
  • Silicone Adhesives
  • Epoxy Adhesives
  • Other Adhesives

On the basis of its comprehensive research, Lucintel forecasts that the majority of the segments for the adhesives market in the global construction industry will grow moderately during 2014-2019. The acrylic adhesives segment is growing at a greater pace than the other segments. The acrylic adhesives segment is expected to remain the largest segment because of non-flammability and ease of applications. The growing economy and increasing government expenditure on constructions in emerging economies, such as Brazil, India, China, Mexico, and Argentina, are expected to boost the market for adhesives during the forecast period. Regular innovation of the products is very important for companies in order for them to sustain their successful positions in the market. Sika AG, Henkel AG & Co KGaA, 3M Company, and HB Fuller are some suppliers of adhesive in the global construction industry.

This 129-page research report will enable you to make confident business decisions in this globally competitive market place. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at [email protected]. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, industry insight, and cost efficiency. To learn more, http://www.lucintel.com/ .You can also contact us through Live Chat on our website in order for us to answer your questions in real time.

About Lucintel

Lucintel, a premier global management consulting and market research firm, creates a winning strategy for growth—whether you need to understand industry dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analyses, opportunity analyses, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.

Media Contact: Roy Almaguer, Lucintel, +1-972-636-5056, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

Source: http://www.lucintel.com/

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