How Has the Cement Adhesive Market Evolved Historically and What is its Current Size?
The cement adhesive market has seen considerable growth due to a variety of factors.
• The market size for cement adhesive has seen a swift increase over the years. The calculation suggests it will surge from $1.49 billion in 2024 to $1.65 billion in 2025, showcasing a compound annual growth rate (CAGR) of 10.8%.
This progress in the historical phase can be linked to several factors including the rising need for residential accommodations, amplified demand in the sector of construction, the rising trend of do-it-yourself (DIY) tasks, an increased requirement for cement tile adhesives, along with the population hike in urban areas.
What is the Forecasted Market Size and CAGR for the Cement Adhesive Market?
The cement adhesive market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, a swift expansion is anticipated in the cement adhesive market size. It is predicted to surge to $2.45 billion by 2029 at a compound annual growth rate (CAGR) of 10.4%.
The influential factors towards the market's growth during the forecast period are the integration of alternative fuels like biomass and fuels derived from waste materials, tightened environmental regulations, escalating spends on research and development, a growing tilt towards cement adhesives as opposed to traditional cement mortars, and the rising use of recycled materials. Key trends noted in the upcoming period involve advancements in adhesive formulations, breakthroughs with polymer-modified cement adhesives (PMCs), progression in epoxy-based cement adhesives, innovation in the domain of heat-resistant cement adhesives, and adhesives based on nano-technology.
What Key Factors and Trends Are Driving The Growth Cement Adhesive Market?
The cement adhesive market's expansion is expected to be driven by increasing demand for residential establishments. This growing demand is primarily due to urbanization growth, population surge, and escalating need for housing solutions. Cement adhesive, known for its wide application in residential construction for adhering tiles, bricks, and concrete blocks, offers strong, long-lasting, and water-resistant joints that are crucial for maintaining structural integrity. For example, data from the Australian Bureau of Statistics in March 2024 revealed that the number of new private houses reached 30,992, marking a 3.7% rise since December and a 14.6% increase from March 2023. Alongside, other private residential completions rose to 14,844 units, a 5.6% hike when compared to December 2023. Hence, the burgeoning demand for residential establishments is propelling the cement adhesive market.
What Are The Market Segments In The Cement Adhesive Market?
The cement adhesivemarket covered in this report is segmented –
1) By Type: Epoxy, Ceramic Tile, Acrylic, Resin, Cementitious, Vinyl, Other Types
2) By Application: Roofing Adhesives, Flooring Adhesives, Insulating Adhesives, Tile Installation Adhesives, Wall Bonding Adhesives
3) By End-User: Construction, Packaging, Automotive, Electronics, Pigment, Other End-Users
Subsegments:
1) By Epoxy: 100% Solid Epoxy, Modified Epoxy
2) By Ceramic Tile: Thin-Set Mortar, Medium Bed Mortar, Large Format Tile Adhesive
3) By Acrylic: Acrylic Polymer Adhesive, Acrylic Emulsion Adhesive
4) By Resin: Urethane Resin, Phenolic Resin
5) By Cementitious: Polymer-Modified Cement, Thin-Set Cement
6) By Vinyl: Vinyl Adhesive, Vinyl-Based Mortar
7) By Other Types: Mastic Adhesives, Butyl Adhesives
Pre-Book The Cement Adhesive Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What New Trends Are Influencing The Cement Adhesive Market?
Significant players in the cement adhesive industry are concentrating their efforts on creating sophisticated products like concrete filler and anchoring adhesive items to enhance bonding durability, strength, and performance in construction. These products are tailored for concrete usage, offering enduring stability and resilience against environmental factors like moisture, temperature shifts, and chemical exposure. For example, DAP Products Inc., a company based in the U.S., unveiled new concrete filler and anchoring adhesive goods in April 2023. The product range includes a Concrete Crack Filler, All-Purpose Adhesive & Filler, and Anchoring Adhesive, all designed to be dependable. These are made to be used in construction and repair operations, such as filling crevices, anchoring bolts, and reinforcing structural components, thus improving resilience and extending the lifespan of residential and industrial concrete infrastructures.
Who Are the Key Players In The Cement Adhesive Market?
Major companies operating in the cement adhesive marker are:
• DuPont de Nemours Inc.
• Arkema S.A.
• Sika AG
• UltraTech Cement
• Asian Paints Ltd.
• Ambuja Cements
• H.B. Fuller Company
• Pidilite Industries Ltd.
• Birla Corporation Ltd.
• J.K. Cement Ltd.
• Tremco
• Ashland Inc.
• Laticrete International
• ACC Limited
• Myk Laticrete Inc.
• Chembond Chemicals Ltd.
• Polyguard Products Inc.
• Kerakoll SpA
• Polyfix Construction Chemicals
• ITW Red Head
What Are The Regional Insights Into The Cement Adhesive Market?
Asia-Pacific was the largest region in the cement adhesive market in 2024. The regions covered in the cement adhesive marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
