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Concrete Bonding Agents Market Size
- Report ID: GMI8416
- Published Date: Mar 2024
- Report Format: PDF
Concrete Bonding Agents Market Size
Concrete Bonding Agents Market was valued at around USD 4.6 billion in 2023 and is anticipated to register a CAGR of over 8.2% between 2024 and 2032.
The industry is witnessing significant growth due to the increasing demand for durable and high-performance construction materials. Key players such as Sika AG, BASF SE, and Fosroc International dominate the market by offering a diverse range of concrete bonding solutions. The construction industry's emphasis on enhancing structural integrity, reducing maintenance costs, and increasing the lifespan of concrete structures has fueled the adoption of bonding agents.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Concrete Bonding Agents Market Size in 2023: | USD 4.6 billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 8.2% |
| 2032 Value Projection: | USD 9 billion |
| Historical Data for: | 2018 - 2023 |
| No. of Pages: | 300 |
| Tables, Charts & Figures: | 250 |
| Segments covered: | Bonding Agent Type, Application, End use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Additionally, the growing trend towards infrastructure development and urbanization in emerging economies has contributed to the market expansion. Companies like MAPEI Corporation, LafargeHolcim, and GCP Applied Technologies are actively participating in research and development activities to introduce innovative products that meet the evolving needs of the construction sector. The market is characterized by intense competition, with players like Quikrete Companies, Bostik, and Saint-Gobain Weber strategically focusing on product differentiation and geographical expansion.
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Concrete Bonding Agents Market Scope
