Building and Construction Adhesives Market Size, Share, Industry, Forecast and outlook (2023-2030)

The rising demand from residential and non-residential sectors, government initiatives for affordable housing, and ongoing infrastructure projects are the major factors driving the market's rapid growth. Additionally, the demand for adhesives is increasing in Asia-Pacific countries for construction, repairs, and renovations.

Urethane adhesive is anticipated to dominate the segment owing to its extensive applications in various substrates like concrete, wood, plastics, and glass. It offers low odor, fast cure times, and high strength, making it ideal for lightweight and structural assemblies.

The Asia-Pacific region dominates the market with growing construction activities in countries like China and India. Government spending on infrastructure and smart city projects is propelling the demand for adhesives in this region.

The market is moderately competitive with BASF SE, Sika AG, 3M, Dow, Akfix, H.B. Fuller, and MAPEI S.p.A. being some of the key players. These companies are adopting strategies like product launches, acquisitions, and collaborations to drive market growth.