Construction Adhesive Tape Market size worth US$1,066.730 million by 2027
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of “Construction Adhesive Tape Market – which is forecasted from 2020 to 2027”.
The Construction Adhesive Tape Market is expected to develop owing to adhesives' significant advantages over other bonding materials. Adhesives provide flexibility to bonded surfaces, equally transmit stress throughout the joint, and are very cost-effective. Furthermore, market growth is likely to be boosted by the availability of a variety of adhesives adapted to the needs of the construction process.
As per the report, the market for Construction Adhesive Tape Market is expected to grow at a steady pace.
Adhesives are synthetic compounds that are used to stick things together, from everyday objects to construction materials. These are the materials that are used to keep two surfaces securely connected for a long time. It's a carefully crafted blend of synthetic materials and resins, artificial fillers, color, and preservation components suspended in a specially chosen blend of organic solvents that are designed to be compatible with and adhere strongly to the bulk of traditional building materials.
Environmental regulations governing emissions, on the other hand, are likely to constrain industry expansion. The production of petrochemical-based products is heavily regulated in Europe and North America by environmental legislation. The manufacturing of solvent-borne goods in these locations is regulated by agencies such as the Epoxy Resin Committee (ERC), the European Commission, as well as other regulatory authorities. Construction adhesives industry growth is being stifled by these regulations.
By application, the global construction adhesives market has been segmented into Tile installation, wallpapers, carpet laying, and other applications, with tile installation expected to hold a major share of the global construction adhesives market over the forecast period owing to an increase in residential construction, where tiles are widely used for flooring.
By technology, the global construction adhesives market has been segmented into Water-based, Solvent-based, Hot-melt, Reactive, and Others. Water-based technologies make up the majority of the global market in terms of revenue. When compared to other adhesives, products created with this technology have a greater moisture resistance, which is projected to contribute to the segment's growth.
By End-Use, the market has been segmented into Residential, Commercial, Infrastructure, and Industrial & Institutional. Because of both new home construction and robust domestic remodeling and repair operations, the residential segment dominates the end-user sector in the construction adhesive market. Residential construction in the United States, for example, is expected to expand in the next few years.
Based on geography segmentation, the Construction Adhesive Tape market in the Asia Pacific is expected to increase at a steady rate over the anticipated period, owing to increased demand from the construction segment in India, China, as well as other Southeast Asian countries. In terms of construction investment, the establishment of 100 smart cities in countries like India, as well as government schemes are set to outpace both the US and Europe over the next five years.
As a part of the report, the major players operating in the Global Nanocellulose market, that have been covered are 3M, Arkema Group, Ashland Inc., Avery Dennison Corp., and DowDuPont, etc.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/construction-adhesive-tape-market
This analytics report segments the Construction Adhesive Tape market on the following basis:
- By Application
- Tile installation
- Carpet laying
- By Technology
- By End-User
- Industrial and Institutional
- By Geography
- North America
- South America
- United Kingdom
- Middle East and Africa
- Saudi Arabia
- Asia Pacific
- South Korea
- North America
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