South America Construction Adhesives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Construction Adhesives Market Analysis
The South America construction adhesives market is expected to grow at a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the growing investments in construction projects. However, the volatile prices of raw materials is hindering the market studied.
- Rising Demand from Panels and Glazing in High-Rise Buildings is expected to provide a major growth opportunity for the market studied.
- Brazil accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the technology, waterborne adhesives are expected to dominate the market studied during the forecast period.
South America Construction Adhesives Market Trends
This section covers the major market trends shaping the South America Construction Adhesives Market according to our research experts:
Waterborne Technology to Dominate the Market
- Water-borne adhesives use water as a carrier or a diluting medium, to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent, rather than a volatile organic solvent.
- They can be considered as low-VOC adhesives. Water-borne adhesives are produced from either soluble synthetic polymers (from polymers, such as cellulose ethers, polyvinyl alcohol, methylcellulose, carboxymethylcellulose, and polyvinyl pyrrolidone) or natural polymers (from vegetable sources, such as starches and dextrins; protein sources, such as blood, fish, milk albumen, and soybean; and animal sources, such as bones and hides).
- Acrylic water-borne adhesives and latex water-borne adhesives are majorly employed for different applications, in the building and construction industry.
- Acrylic water-borne adhesives are mainly used as a pressure-sensitive adhesives in the construction sector, in the form of labels and tapes, for tile bonding and laminating purposes.
- The significant growth of the construction industry in the South America region has boosted the demand for construction adhesives in the recent past.
- Hence, owing to the above-mentioned reasons, waterborne technology is expected to dominate the market studied.
Brazil to Dominate the Industry
- Brazil currently accounts for the major share of the South America construction adhesives market owing to the growing construction projects in the country.
- In the recent past, the government of Brazil has initiated several programs to strengthen the public-private partnership in investments related to construction projects.
- Additionally there has been increased growth in the demand for residential growth which is likely to increase the demand for construction adhesives in the country.
- Hence, owing to the above-mentioned factors, Brazil is expected to dominate the market studied during the forecast period.
South America Construction Adhesives Industry Overview
The South America construction cadhesives market is moderately consolidated as the market of the market share is divided among a few players. Some of the key players in the market include 3M, Arkema Group, Dow, Henkel AG & KGaA, and Sika A,G among others.
South America Construction Adhesives Market Leaders
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3M
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H.B. Fuller Company
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Dow
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Henkel AG & Co. KGaA
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Sika AG
*Disclaimer: Major Players sorted in no particular order
South America Construction Adhesives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Growing Investments in Construction projects
- 4.2 Restraints
- 4.3 Industry Value-chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Resin Type
- 5.1.1 Acrylics
- 5.1.2 Epoxy
- 5.1.3 Polyurethanes
- 5.1.4 Polyvinyl Acetate (PVA)
- 5.1.5 Silicones
- 5.1.6 Other Resin Types
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5.2 Technology
- 5.2.1 Water-borne
- 5.2.2 Reactive
- 5.2.3 Hot-melt
- 5.2.4 Other Technologies
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5.3 End-use Sector
- 5.3.1 Residential
- 5.3.2 Commercial
- 5.3.3 Infrastructure
- 5.3.4 Industrial
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5.4 Geography
- 5.4.1 Brazil
- 5.4.2 Argentina
- 5.4.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 AVERY DENNISON CORPORATION
- 6.4.4 Dow
- 6.4.5 H.B. Fuller Company
- 6.4.6 Henkel AG & Co. KGaA
- 6.4.7 Sika AG
- 6.4.8 Huntsman International LLC
- 6.4.9 Wacker Chemie AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Rising Demand from Panels and Glazing in High-Rise Buildings
South America Construction Adhesives Industry Segmentation
The South America construction adhesives market report includes:
| Resin Type | Acrylics |
| Epoxy | |
| Polyurethanes | |
| Polyvinyl Acetate (PVA) | |
| Silicones | |
| Other Resin Types | |
| Technology | Water-borne |
| Reactive | |
| Hot-melt | |
| Other Technologies | |
| End-use Sector | Residential |
| Commercial | |
| Infrastructure | |
| Industrial | |
| Geography | Brazil |
| Argentina | |
| Rest of South America |
South America Construction Adhesives Market Research FAQs
What is the current South America Construction Adhesives Market size?
The South America Construction Adhesives Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in South America Construction Adhesives Market?
3M, H.B. Fuller Company, Dow, Henkel AG & Co. KGaA and Sika AG are the major companies operating in the South America Construction Adhesives Market.
What years does this South America Construction Adhesives Market cover?
The report covers the South America Construction Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Construction Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Construction Adhesives Industry Report
Statistics for the 2024 South America Construction Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Construction Adhesives analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
