The Concrete Bonding Agents Industry to be Aided by the Asia-Pacific Region, Owing to the Rising Demand to Repair Old Constructions
The market for concrete bonding agents is driven by the extensive application of the product in repairing, marine, decorative, and flooring. Further, a major factor positively influencing the market growth is a rise in the demand for decorative interior to give aesthetic and pleasing finishing to the residential constructions. The market for concrete bonding agents is accelerating due to a significant support from the Asia-Pacific region, followed by the Middle East and Africa. Within the Asia-Pacific, China and India together accounted for a major share of the concrete bonding agents industry. This can be attributed to the rising repairs of old constructions, high funding support by private and public companies to encourage construction, and a sturdy industrial base of the construction sector.
Concrete Bonding Agents: Market Segmentation
The concrete bonding agents refers to the bonding agents that are milky white pastes and change into a clear form according to the wind, temperature, and humidity. The bonding quality between new and old concrete is affected by two critical factors, i.e., the strength and reliability of old surface, and the neatness of old surface. Concrete bonding agents are applied on wall, columns, ceiling, and other surfaces of buildings.Market Breakup by Product Type
- Cementitious Latex Based
- Epoxy Based
Market Breakup by Method
- Manual
- Spraying
- Pouring
Market Breakup by Application
- Repairing
- Marine
- Decorative
- Flooring
Market Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Extensive Applications of the Product to Aid the Market Growth of Concrete Bonding Agents
The market for concrete bonding agents is being driven by the rising living standards and inflating disposable incomes of the middle class population in developing economies, which are enhancing the demand for the product for decorative use. The concrete bonding agents industry is further supported by the extensive application of the product, along with an ease of use, which helps boost the demand for the product.Key Industry Players in the Global Concrete Bonding Agents Market
The report gives a detailed analysis of the following key players in the global concrete bonding agents market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Sika AG
- BASF SE
- Quikrete Holdings, Inc.
- The Euclid Chemical Company
- Dow Chemical Company
- Fosroc, Inc.
- Others
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Companies Mentioned
The key companies featured in this Concrete Bonding Agents market report include:- Sika AG
- BASF SE
- Quikrete Holdings, Inc.
- The Euclid Chemical Company
- Dow Chemical Company
- Fosroc, Inc.