Market Size of South America Construction Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 4.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Construction Adhesives Market Analysis
The South America construction adhesives market is expected to grow at a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the growing investments in construction projects. However, the volatile prices of raw materials is hindering the market studied.
- Rising Demand from Panels and Glazing in High-Rise Buildings is expected to provide a major growth opportunity for the market studied.
- Brazil accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the technology, waterborne adhesives are expected to dominate the market studied during the forecast period.