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Global concrete bonding agents market to surpass US$ 5.23 billion by 2025

The Asia Pacific region is expanding at a CAGR of 8.1% in the global concrete bonding agents market during the forecast period.

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Global concrete bonding agents market to surpass US$ 5.23 billion by 2025

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  1. GLOBAL CONCRETE BONDING AGENTS MARKETto surpass US$ 5.23 billion by 2025

  2. REPORT DESCRIPTION Concrete Bonding Agents Market Overview Concrete bonding agents are bonding materials used to bond a new concrete structure with the existing or hardened concrete structure. The basic factors on the use of concrete bonding agents to the existing concrete structure is to maintain the strength, and integrity of the old surface. Cementitious-based latex agents market segment dominated the market in 2016, according to the stats provided by Coherent Market Insights. Cementitious-based latex agents is gaining traction over epoxy-based agents due to relatively low cost. Furthermore, cementitious latex-based agents comprise many polymeric resins such as styrene butadiene rubber (SBR), acrylics, and polyvinyl acetate (PVA), which helps in enhancing the durability and flexibility of the concrete overlay and thus, provides substantial adhesion properties to the existing concrete structure. This in turn, is fueling growth of the global concrete bonding agents market, a trend that is expected to sustain over the forecast period. Repairing was the largest application segment in the global concrete bonding agents market in 2016 and is expected to retain its dominance throughout the forecast period. Currently, there is a significant need for repair and restoration activities for enhancing the quality of roads, bridges, parking areas, and old infrastructure to maintain the strength and integrity of the old constructed surface. This is a key and highly lucrative growth area for manufacturers of concrete bonding agents to capitalize upon and increase revenue gains.

  3. REPORT DESCRIPTION Decorative has emerged as the fastest growing application area for concrete bonding agents Decorative segment is expected to be the fastest-growing application in the global concrete bonding agents market over the forecast period and is expected to witness fastest growth over the following decade. The growing need for well-furnished homes, highly luxurious residential apartments due to the growing urbanization and rising disposable income of the people in Asia-Pacific and Latin America is a key factor fueling growth of the decorative application segment in the global concrete bonding agents market. Regional Insights Asia Pacific, followed by North America and Europe, respectively accounted for major share in the global concrete bonding agents market both in terms of revenue and volume in 2016 and the trend is estimated to remain the same over the forecast period. In 2016, Asia Pacific held a market share of 50.3% in terms of value in the global concrete bonding agents market. Demand for repairing, flooring, and decorative activities in Asia Pacific is gaining unparalleled traction due to flourishing building & construction sector and the region emerging as a major economic hub has led to increasing development of commercial and industrial buildings. Request Sample Copy of This Report: https://www.coherentmarketinsights.com/insight/request-sample/333

  4. REPORT DESCRIPTION According to a study conducted by Coherent Market Insights, the Asia Pacific region is expanding at a CAGR of 8.1% in the global concrete bonding agents market during the forecast period. Growing urbanization and increasing construction activities especially in emerging economies of India, and China is a major factor fueling demand for effective repairing works, flooring and decorative activities, subsequently fueling growth of the concrete bonding agents market in the region. For instance, as per statistics released by India Brand Equity Foundation (IBEF)—a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian government plans to invest US$ 376.53 billion in infrastructure development over the following three years. Multinational players Major players in the global concrete bonding agents market include Sika AG, Fosroc International Ltd., BASF SE, Saint-Gobain Weber S.A., Mapei S.p.A., Dow Construction Chemicals, Lafarge Holcim, The Euclid Chemical Company, GCP Applied Technologies Inc, Dow Corning Corporation, and The Quikrete Companies, Inc.. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/333

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES

  6. ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE Healthcare HEALTHCARE IT CLINICAL DIAGNOSTIC BIOTECHNOLOGY PHARMACEUTICAL MEDICAL IMAGING MEDICAL DEVICES Chemicals & Materials Speciality and Fine Chemicals Advanced Materials Bulk Chemicals Green Chemicals Polymers & Resins Food Ingredients Cosmetic Ingredients

  7. ABOUT COHERENT MARKET INSIGHTS KEY STATS RESEARCH SOLUTIONS GLOBAL REPORTS FEASIBILITY STUDIES 100+ Insights Published Per Year COUNTRY ANALYSIS 150+ CONSULT PROJECTS Consulting Projects Till Date SURVEY RESEARCH EXCEL FORECAST DATABASE 125+ COMPETITIVE ASSESSMENT Clients Worldwide Per Year 110+ TECHNOLOGY SNIPPETS Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. CUSTOMIZED SOLUTIONS

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702

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