Concrete Bonding Agent Market Research, 2033
The global concrete bonding agent market was valued at $4.8 billion in 2023, and is projected to reach $10.0 billion by 2033, growing at a CAGR of 7.6% from 2024 to 2033.
Market Introduction and Definition
A concrete bonding agent is a specialized adhesive substance used to join new concrete or plaster to existing concrete surfaces. It improves the bond between the old and new materials, preventing separation, cracking, and failure at the joint. These agents are essential in repair and restoration projects where fresh concrete needs to be applied to a pre-existing structure, such as in patching, resurfacing, or adding overlays. The bonding agent works by enhancing the adhesion properties of the new material, ensuring a strong, durable connection that can withstand stress, moisture, and temperature changes. Common types of concrete bonding agents include latex-based, epoxy-based, and polyvinyl acetate (PVA) formulations, each offering different levels of bonding strength and application methods depending on the specific project requirements.
Key Takeaways
- The report provides competitive dynamics by evaluating business segments, product portfolios, target market revenue, geographical presence, and key strategic developments by prominent manufacturers.
- The study contains qualitative information such as the market dynamics (drivers, restraints, challenges, and opportunities) , public policy analysis, pricing analysis, and Porter’s Five Force Analysis across North America, Europe, Asia-Pacific, LAMEA regions.
- Latest trends in global concrete bonding agent such as undergoing R&D activities, regulatory guidelines, and government initiatives are analyzed across 16 countries in 4 different regions.
- More than 3, 100 concrete bonding agent-related product literatures, industry releases, annual reports, and other such documents of key industry participants along with authentic industry journals and government websites have been reviewed for generating high-value industry insights for global concrete bonding market.
Key Market Segments
- By Material Type
- Acrylic
- Latex
- Epoxy
- Others
- By Application
- Building and Construction
- Roads and Infrastructure
- Utility Industries
- Others
- By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- GCP Applied Technologies
- Resikon Construction Chemicals
- 3M
- The QUIKRETE Companies
- MAPEI Corporation
- BASF SE
- Sika AG
- CHRYSO India
- Fosroc, Inc
- Aswani Industries Pvt. Ltd