Cement Adhesive Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033


The cement adhesive global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Cement Adhesive Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size -
The cement adhesive market size has grown rapidly in recent years. It will grow from $1.35 billion in 2023 to $1.49 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%.  The growth in the historic period can be attributed to the increasing need for residential buildings, growing demand in the construction sector, the growing popularity of do-it-yourself (DIY) projects, increasing demand for cement tile adhesives, and the growing population in urban centers.

The cement adhesive market size is expected to see rapid growth in the next few years. It will grow to $2.22 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%.  The growth in the forecast period can be attributed to increasingly incorporating alternative fuels, such as biomass and waste-derived fuels, environmental regulations, increasing research and development spending, growing preference for cement adhesives over traditional cement mortars, and rising incorporation of recycled materials. Major trends in the forecast period include innovations in adhesive formulations, innovations with polymer-modified cement adhesives (PMCs), innovations in epoxy-based cement adhesives, innovations in heat-resistant cement adhesives, and nano-technology-based adhesives.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers -
Growing demand for residential buildings is expected to propel the growth of the cement adhesive market going forward. The construction of residential buildings is rising due to increasing urbanization, population growth, and demand for housing solutions. Cement adhesive is widely used in residential construction for bonding tiles, bricks, and concrete blocks, providing strong, durable, and moisture-resistant connections essential for structural stability. For instance, in March 2024, according to the Australian Bureau of Statistics, an Australia-based government agency, there are 30,992 dwellings of private new houses, rising 3.7% from December and an increase of 14.6% since March 2023. Additionally, private new other residential completions increased to 14,844 dwellings, a 5.6% increase compared with December 2023. Therefore, the growing demand for residential buildings drives the cement adhesive market.

Market Trends -
Major companies operating in the cement adhesive market are focused on developing advanced products such as concrete filler and anchoring adhesive products to improve bonding strength, durability, and efficiency in construction. Concrete filler and anchoring adhesive products designed for concrete applications, ensure long-lasting stability and resistance to environmental factors such as moisture, temperature fluctuations, and chemical exposure. For instance, in April 2023, DAP Products Inc., a U.S.-based company, launched new concrete filler and anchoring adhesive products. The products feature a Concrete Crack Filler, All-Purpose Adhesive & Filler, and Anchoring Adhesive that ensure reliability. These are intended for construction and repair tasks such as filling cracks, anchoring bolts, and reinforcing structural elements, ensuring durability and improving the lifespan of both residential and industrial concrete structures.

The cement adhesive market covered in this report is segmented –

1) By Type: Epoxy, Ceramic Tile, Acrylic, Resin, Cementitious, Vinyl, Other Types
2) By Application: Roofing Adhesives, Flooring Adhesives, Insulating Adhesives, Tile Installation Adhesives, Wall Bonding Adhesives
3) By End-User: Construction, Packaging, Automotive, Electronics, Pigment, Other End-Users

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Regional Insights -
Asia-Pacific was the largest region in the cement adhesive market in 2023. The regions covered in the cement adhesive marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies -
Major companies operating in the cement adhesive marker are  DuPont de Nemours Inc., Arkema S.A., Sika AG, UltraTech Cement, Asian Paints Ltd., Ambuja Cements, H.B. Fuller Company, Pidilite Industries Ltd., Birla Corporation Ltd., J.K. Cement Ltd., Tremco, Ashland Inc., Laticrete International, ACC Limited, Myk Laticrete Inc., Chembond Chemicals Ltd., Polyguard Products Inc., Kerakoll SpA, Polyfix Construction Chemicals, ITW Red Head

Table of Contents
1. Executive Summary
2. Cement Adhesive Market Report Structure
3. Cement Adhesive Market Trends And Strategies
4. Cement Adhesive Market – Macro Economic Scenario
5. Cement Adhesive Market Size And Growth
…..
27. Cement Adhesive Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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