North America Construction Adhesives Market Size (2024 - 2029)

North America Construction Adhesives Market Size Summary

The North America construction adhesives market is poised for significant growth, driven primarily by the burgeoning demand from the building and construction sector in the United States. This demand is further fueled by the rising need for panels and glazing in high-rise buildings, presenting substantial growth opportunities for the market. The United States holds the largest market share and is expected to maintain its dominance throughout the forecast period. Waterborne adhesives, known for their low-VOC properties and use of water as a carrier, are anticipated to lead the market. These adhesives, derived from both synthetic and natural polymers, are extensively used in various applications within the construction industry, such as tile bonding and laminating, due to their effective performance and environmental benefits.

The construction industry's expansion in the United States has significantly increased the demand for construction adhesives, supported by factors such as growing infrastructure projects, population growth, and changes in household dynamics. The trend of reconstructing and remodeling older homes also contributes to the market's growth. The North American adhesives market is moderately consolidated, with a few key players like 3M, Arkema Group, Dow, Henkel AG & KGaA, and Sika AG holding substantial market shares. These companies are instrumental in shaping the competitive landscape, leveraging their expertise and resources to capitalize on the increasing demand for construction adhesives in the region.