Market Size of Asia-Pacific Construction Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 6.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Construction Adhesives Market Analysis
The Asia-Pacific construction adhesives market is expected to grow at with a CAGR greater than 6 % during the forecast period. One of the major factors driving the market is the growing demand from the construction sector.
- Growing demand panels and glazing in high rise buildings is expected to provide a major growth opportunity for the market studied.
- China accounted for the highest share of the market and is likely to continue dominating the market during the forecast period owing to the growing construction industry in the country.
- Among the technologies, waterborne adhesives are expected to dominate the market during the forecast period.