“The report covers the global construction adhesive market and further segments the market on the basis of type, technology, application, and region. The market data for these types is given with respect to volume (kilotons) and value ($million). The global market value of construction adhesive was estimated to be around $6 billion in 2013 and is projected to grow at a CAGR 6% between 2014 and 2019. The data mentioned in the report are based on the global demand for construction adhesive.
The construction adhesive market has been analyzed based on the Porter’s five forces model. This gives an idea about the current proceedings in the industry at commercial level. The study provides the value chain analysis with respect to the technology providers, construction adhesive producers, construction chemical manufacturers, and end-user industries. The value chain describes the key contributors to the construction adhesive market at different stages from product development to end use. It represents the top players which are contributing to the global construction adhesive industry.
The impact of different market factors, such as drivers, restraints, and opportunities is also illustrated in the report. This gives an idea about the key drivers such as government regulatory support, public awareness, application growth for construction adhesive in Asia-Pacific especially in China and India where there is robust growth in the housing and commercial followed by infrastrucutre industry. The economic slowdown in Europe and U.S. also affected the economy of other developed countries and the price volatility of the adhesives in the past made the market more strained for the construction applications.
The global construction adhesive market is also classified based on different applications. The important applications include onsite, offsite, civil, and others. The onsite and flexible civil applications are expected to show moderate growth in the future due to the urbanization and growing government initatives.
The key companies in this market are are 3M (U.S.), Henkel A&G (Germany), Sika (Switzerland), Bostik (France), H.B. Fuller (U.S.), Franklin International (U.S.), DAP Products (U.S.), ITW (U.S.), Avery Dennision Corporation (U.S.) and The Dow Chemical Company (U.S.) and others. These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serving the customers more effectively. New product development and acquisitions were the most preferred strategies by the top players in 2013 that were driving the demand of construction adhesive. Their strategy to capture the untapped market in developing economies includes expansion, partnership and investments.
The Asia-Pacific region emerged to be the driving factor for this market, contributing for about 45% of the global demand in terms of market share in 2013. China is the leading country in the consumption of construction adhesive, due to the increased demand of the infrastructure development, maintainance and renovation. The important emerging economies such as Brazil, India, Argentina, and others are further lined up for a brighter future in this market.
The report also presents a competitive landscape covering different strategies and developments such as mergers & acquisitions, investments & expansions, new product launches, partnerships, agreements & collaborations undertaken by the leading construction adhesive companies in the past few years. Furthermore, different construction adhesive market participants are also profiled in the report.
Scope of the report
The report segments the global construction adhesive market as:
The global construction adhesive market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.
On the basis of type:
• Silicone
• Epoxy
• Polyurethance
• Others
On the basis of technology type:
• Waterbased
• Solvent based
• Thermoser resin based
• Others
On the basis of Application:
• Onsite application
• Offsite application
• Civil application
• Others
On the basis of region:
• North America
• Europe
• Asia-Pacific
• RoW
”
“TABLE OF CONTENTS
1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 MARKET SCOPE 17
1.3.1 REGIONAL SCOPE 17
1.3.2 MARKETS COVERED 18
1.3.3 YEAR CONSIDERED IN THE REPORT 18
1.4 CURRENCY AND PRICING 18
1.5 LIMITATIONS 19
1.6 STAKEHOLDERS 19
2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.2 SECONDARY DATA 21
2.2.1.1 Data from Secondary Sources 21
2.2.2 PRIMARY DATA 22
2.2.2.1 Data from Primary Sources 22
2.2.2.2 Key Industry Insights 23
2.2.2.3 Breakdown of Primaries 23
2.3 MARKET SIZE ESTIMATION 24
2.3.1 BOTTOM-UP APPROACH 24
2.3.2 TOP-DOWN APPROACH 25
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 26
2.5 RESEARCH ASSUMPTIONS & LIMITATIONS 27
2.5.1 ASSUMPTIONS 27
2.5.2 LIMITATIONS 27
3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 31
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN CONSTRUCTION ADHESIVES MARKET 31
4.2 CONSTRUCTION ADHESIVES MARKET, BY APPLICATION 32
4.3 CONSTRUCTION ADHESIVES MARKET IN ASIA-PACIFIC 33
4.4 CONSTRUCTION ADHESIVES MARKET SHARE, BY REGION 34
4.5 CONSTRUCTION ADHESIVES MARKET, BY TECHNOLOGY, 2014 34
4.6 CONSTRUCTION ADHESIVES MARKET, BY APPLICATION, 2014 35
4.7 CONSTRUCTION ADHESIVES MARKET SHARE (VALUE), BY TYPE, 2020 35
4.8 CONSTRUCTION ADHESIVES MARKET, DEVELOPED & DEVELOPING NATIONS, 2015 VS. 2020 36
4.9 CONSTRUCTION ADHESIVES MARKET: GROWING DEMAND FROM ASIA–PACIFIC IS DRIVING THE GROWTH 36
4.10 LIFE CYCLE ANALYSIS, BY REGION 37
5 MARKET OVERVIEW 38
5.1 INTRODUCTION 39
5.2 CRITERIA OF SELECTION OF ADHESIVES 39
5.3 MARKET DYNAMICS 40
5.3.1 DRIVERS 41
5.3.1.1 Pent-up demand of adhesives in end-use industries; specifically the residential housing market and infrastructure market 41
5.3.1.2 Rising demand from developing countries 42
5.3.1.3 Increasing demand from glazing and panels in new high-rise buildings 42
5.3.1.4 Adhesive bonding leads to revolutionary advances for safety and ease of application 42
5.3.2 RESTRAINTS 43
5.3.2.1 Volatility in raw material prices 43
5.3.2.2 Unstable economic cycles 43
5.3.3 OPPORTUNITIES 44
5.3.3.1 Increasing demand for non-hazardous, green, and sustainable construction adhesives 45
5.3.3.2 Economic growth and rising government expenditure on infrastructure development 45
5.3.4 CHALLENGES 46
5.3.4.1 Established infrastructure in developed countries 46
5.3.4.2 Shifting rules and changing standards 46
6 INDUSTRY TRENDS 47
6.1 VALUE CHAIN ANALYSIS 47
6.2 PRICING AND COST ANALYSIS 48
6.3 PORTER’S FIVE FORCES ANALYSIS 49
6.3.1 THREAT OF NEW ENTRANTS 50
6.3.2 THREAT OF SUBSTITUTES 50
6.3.3 BARGAINING POWER OF BUYERS 51
6.3.4 BARGAINING POWER OF SUPPLIERS 51
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 52
7 CONSTRUCTION ADHESIVE MARKET ANALYSIS, BY RESIN TYPE 53
7.1 INTRODUCTION 54
7.2 ACRYLIC ADHESIVE 56
7.2.1 ACRYLIC ADHESIVES 56
7.2.2 ANAEROBIC ACRYLIC ADHESIVES 56
7.2.3 CYANOACRYLATES ADHESIVES 56
7.2.4 REACTIVE ACRYLIC 57
7.3 POLYURETHANES 58
7.3.1 NON-REACTIVE ADHESIVES POLYURETHANE 58
7.3.2 REACTIVE ADHESIVES 59
7.3.2.1 One-component adhesives 59
7.3.2.2 Two-component adhesives 59
7.4 POLYVINYL ACETATE 61
7.5 EPOXY 62
7.6 OTHERS 63
7.6.1 STYRENIC BLOCK 63
7.6.2 ETHYLENE VINYL ACETATE 64
7.6.3 SILICONE 64
7.6.4 POLYISOBUTYLENE 65
8 CONSTRUCTION ADHESIVES MARKET ANALYSIS, BY ADHESIVE TECHNOLOGY 67
8.1 INTRODUCTION 68
8.2 WATERBORNE TECHNOLOGY 70
8.2.1 NATURAL WATERBORNE ADHESIVES 70
8.2.2 SYNTHETIC WATERBORNE ADHESIVES 70
8.3 SOLVENT BORNE TECHNOLOGY 72
8.4 REACTIVE 73
8.5 OTHERS TECHNOLOGY 75
9 CONSTRUCTION ADHESIVES MARKET, BY APPLICATION 78
9.1 INTRODUCTION 79
9.2 ONSITE APPLICATION 81
9.3 OFFSITE APPLICATION 83
9.4 CIVIL ENGINEERING 84
10 CONSTRUCTION ADHESIVES MARKET, BY REGION 85
10.1 INTRODUCTION 86
10.2 NORTH AMERICA 90
10.2.1 THE U.S. 94
10.2.2 CANADA 95
10.2.3 MEXICO 96
10.3 EUROPE 97
10.3.1 GERMANY 101
10.3.2 FRANCE 102
10.3.3 ITALY 102
10.3.4 THE U.K. 103
10.3.5 OTHERS 103
10.4 ASIA-PACIFIC 104
10.4.1 CHINA 108
10.4.2 JAPAN 109
10.4.3 INDIA 109
10.4.4 SOUTH KOREA 110
10.4.5 OTHERS 111
10.5 ROW 112
10.5.1 RUSSIA 116
10.5.2 BRAZIL 116
10.5.3 OTHERS 117
11 COMPETITIVE LANDSCAPE 118
11.1 OVERVIEW 118
11.2 COMPETITIVE SITUATION & TRENDS 119
11.3 MARKET SHARE ANALYSIS OF THE CONSTRUCTION ADHESIVE AND SEALANTS MARKET 121
11.4 COMPETITIVE SITUATION & TRENDS 122
11.5 NEW PRODUCT LAUNCHES 122
11.6 MERGERS & ACQUISITIONS 123
11.7 INVESTMENT & EXPANSION 124
11.8 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS & JOINT VENTURES 125
12 COMPANY PROFILES 126
(Overview, Financial*, Products & Services, Strategy, and Developments)
12.1 INTRODUCTION 126
12.2 HENKEL 128
12.3 H.B.FULLER 132
12.4 SIKA AG 137
12.5 BOSTIK 141
12.6 3M COMPANY 144
12.7 THE DOW CHEMICAL COMPANY 147
12.8 DAP PRODUCTS 150
12.9 FRANKLIN INTERNATIONAL 153
12.10 ILLINOIS TOOL WORKS INCORPORATION 156
12.11 AVERY DENNISON CORPORATION 159
*Details might not be captured in case of unlisted companies
13 APPENDIX 162
13.1 INSIGHTS FROM INDUSTRY EXPERTS 162
13.2 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 163
13.3 AVAILABLE CUSTOMIZATIONS 164
13.4 DISCUSSION GUIDE 165
13.5 RELATED REPORTS 168
“
“LIST OF TABLES
TABLE 1 LOAD BEARING CAPABILITIES OF SELECTED ADHESIVES 39
TABLE 2 TYPES OF ADHESIVES & THEIR USES 40
TABLE 3 INCREASING DEMAND FROM DEVELOPING NATIONS IS PROPELLING THE GROWTH OF CONSTRUCTION ADHESIVE MARKET 42
TABLE 4 VOLATILE RAW MATERIALS ARE RESTRAINING THE GROWTH OF CONSTRUCTION ADHESIVES MARKET 44
TABLE 5 TOP 10 ECONOMIES BY GDP IN PPP TERMS, 2010 & 2020 45
TABLE 6 HIGH GROWTH FOR LOW VOC & GREEN PRODUCTS IS PAVING NEW GROWTH AVENUES FOR THE MARKET PLAYERS 46
TABLE 7 ESTABLISHED INFRASTRUCTURE IN DEVELOPED CONTRIVES IS THE MAJOR CHALLENGE IN GROWTH OF CONSTRUCTION ADHESIVES MARKET 46
TABLE 8 CONSTRUCTION ADHESIVES MARKET SIZE, BY TYPE, 2013–2020
(THOUSAND TONS) 55
TABLE 9 CONSTRUCTION ADHESIVES MARKET SIZE, BY TYPE, 2013– 2020 ($MILLION) 55
TABLE 10 ACRYLIC ADHESIVE MARKET SIZE IN CONSTRUCTION ADHESIVES MARKET,
BY REGION, 2013– 2020 (KILOTONS) 57
TABLE 11 ACRYLIC ADHESIVE MARKET SIZE IN CONSTRUCTION ADHESIVES MARKET,
BY REGION, 2013–2020 ($MILLION) 57
TABLE 12 POLYURETHANES MARKET SIZE IN CONSTRUCTION ADHESIVES MARKET,
BY REGION, 2013 –2020 (THOUSAND TONS) 59
TABLE 13 POLYURETHANES MARKET SIZE IN CONSTRUCTION ADHESIVES MARKET,
BY REGION, 2013–2020 ($MILLION) 60
TABLE 14 POLYVINYL ACETATE MARKET SIZE IN CONSTRUCTION INDUSTRY MARKET,
BY REGION, 2013–2020 (THOUSAND TONS) 61
TABLE 15 POLYVINYL ACETATE MARKET SIZE IN CONSTRUCTION ADHESIVES MARKET,
BY REGION, 2013–2020 ($MILLION) 61
TABLE 16 EPOXY ADHESIVE MARKET SIZE IN CONSTRUCTION INDUSTRY MARKET,
BY REGION, 2013–2020 (THOUSAND TONS) 62
TABLE 17 EPOXY ADHESIVE MARKET SIZE IN CONSTRUCTION ADHESIVES MARKET,
BY REGION, 2013–2020 ($MILLION) 63
TABLE 18 OTHERS RESIN TYPE IN CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION, 2013–2020 (THOUSAND TONS) 65
TABLE 19 OTHERS RESIN TYPE IN CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 66
TABLE 20 CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY,
2013–2020 (THOUSAND TONS) 68
TABLE 21 CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY,
2013–2020 ($MILLION) 69
TABLE 22 WATERBORNE CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION,
2013–2020 (THOUSAND TONS) 71
TABLE 23 WATERBORNE CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 71
TABLE 24 SOLVENT BORNE CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION,
2013–2020 (THOUSAND TONS) 72
TABLE 25 SOLVENT BORNE CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 72
TABLE 26 REACTIVE CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION,
2013–2020 (THOUSAND TONS) 74
TABLE 27 REACTIVE CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 74
TABLE 28 OTHER CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION,
2013–2020 (THOUSAND TONS) 76
TABLE 29 OTHER CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION,
2013–2020 ($MILLION) 76
TABLE 30 ADHESIVE MARKET SIZE IN CONSTRUCTION, BY APPLICATION,
2013–2020 (THOUSAND TONS) 79
TABLE 31 GLOBAL ADHESIVE MARKET SIZE IN CONSTRUCTION MARKET, BY APPLICATION, 2013–2020 ($MILLION) 80
TABLE 32 ONSITE APPLICATION MARKET SIZE IN CONSTRUCTION ADHESIVES, BY REGION, 2013–2020 (THOUSAND TONS) 81
TABLE 33 ONSITE APPLICATION MARKET SIZE IN CONSTRUCTION ADHESIVES, BY REGION, 2013–2020 ($MILLION) 82
TABLE 34 OFFSITE APPLICATION MARKET SIZE IN CONSTRUCTION ADHESIVES, BY REGION, 2013–2020 (THOUSAND TONS) 83
TABLE 35 OFFSITE APPLICATION MARKET SIZE IN CONSTRUCTION ADHESIVES, BY REGION, 2013–2020 ($MILLION) 83
TABLE 36 CIVIL ENGINEERING SIZE IN CONSTRUCTION ADHESIVES, BY REGION,
2013–2020 (THOUSAND TONS) 84
TABLE 37 CIVIL ENGINEERING SIZE IN CONSTRUCTION ADHESIVES, BY REGION,
2013–2020 ($MILLION) 84
TABLE 38 CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION,
2013–2020 (THOUSAND TONS) 89
TABLE 39 CONSTRUCTION ADHESIVES MARKET SIZE, BY REGION, 2013–2020 ($MILLION) 89
TABLE 40 NORTH AMERICA: CONSTRUCTION ADHESIVES MARKET SIZE, BY COUNTRY, 2013–2020 (THOUSAND TONS) 91
TABLE 41 NORTH AMERICA: CONSTRUCTION ADHESIVES MARKET SIZE, BY COUNTRY, 2013–2020 ($MILLION) 91
TABLE 42 NORTH AMERICA: CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY, 2013–2020 (THOUSAND TONS) 92
TABLE 43 NORTH AMERICA: CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY, 2013–2020 ($MILLION) 92
TABLE 44 NORTH AMERICA: CONSTRUCTION ADHESIVES MARKET SIZE, BY RESIN TYPE, 2013–2020 (THOUSAND TONS) 93
TABLE 45 NORTH AMERICA: CONSTRUCTION ADHESIVES MARKET SIZE, BY RESIN TYPE, 2013–2020 ($MILLION) 93
TABLE 46 NORTH AMERICA: CONSTRUCTION ADHESIVES MARKET SIZE, BY APPLICATION, 2013–2020 (THOUSAND TONS) 94
TABLE 47 NORTH AMERICA: CONSTRUCTION ADHESIVES MARKET SIZE, BY APPLICATION, 2013–2020 ($MILLION) 94
TABLE 48 THE U.S.: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 95
TABLE 49 CANADA: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 95
TABLE 50 MEXICO: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 96
TABLE 51 EUROPE: CONSTRUCTION ADHESIVES MARKET SIZE, BY COUNTRY,
2013–2020 (THOUSAND TONS) 98
TABLE 52 EUROPE: CONSTRUCTION ADHESIVES MARKET SIZE, BY COUNTRY,
2013–2020 ($MILLION) 98
TABLE 53 EUROPE: CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY,
2013–2020 (THOUSAND TONS) 99
TABLE 54 EUROPE: CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY,
2013–2020 ($MILLION) 99
TABLE 55 EUROPE: CONSTRUCTION ADHESIVES MARKET SIZE, BY RESIN TYPE,
2013–2020 (THOUSAND TONS) 100
TABLE 56 EUROPE: CONSTRUCTION ADHESIVES MARKET SIZE, BY RESIN TYPE,
2013–2020 ($MILLION) 100
TABLE 57 EUROPE: CONSTRUCTION ADHESIVES MARKET SIZE, APPLICATION,
2013–2020 (THOUSAND TONS) 100
TABLE 58 EUROPE: CONSTRUCTION ADHESIVES MARKET SIZE, BY APPLICATION,
2013–2020 ($MILLION) 101
TABLE 59 GERMANY: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 101
TABLE 60 FRANCE: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 102
TABLE 61 ITALY: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 102
TABLE 62 THE U.K.: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 103
TABLE 63 OTHERS: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 103
TABLE 64 ASIA-PACIFIC: CONSTRUCTION ADHESIVES MARKET SIZE, BY COUNTRY,
2013–2020 (THOUSAND TONS) 105
TABLE 65 ASIA-PACIFIC: CONSTRUCTION ADHESIVES MARKET SIZE, BY COUNTRY,
2013–2020 ($MILLION) 105
TABLE 66 ASIA-PACIFIC: CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY, 2013–2020 (THOUSAND TONS) 106
TABLE 67 ASIA-PACIFIC: CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY, 2013–2020 ($MILLION) 106
TABLE 68 ASIA-PACIFIC: CONSTRUCTION ADHESIVES MARKET SIZE, BY RESIN TYPE,
2013–2020 (THOUSAND TONS) 106
TABLE 69 ASIA-PACIFIC: CONSTRUCTION ADHESIVES MARKET SIZE, BY RESIN TYPE,
2013–2020 ($MILLION) 107
TABLE 70 ASIA-PACIFIC: CONSTRUCTION ADHESIVES MARKET SIZE, BY APPLICATION,
2013–2020 (THOUSAND TONS) 107
TABLE 71 ASIA-PACIFIC: CONSTRUCTION ADHESIVES MARKET SIZE, BY APPLICATION,
2013–2020 ($MILLION) 107
TABLE 72 CHINA: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 108
TABLE 73 JAPAN: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 109
TABLE 74 INDIA: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 109
TABLE 75 SOUTH KOREA: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 110
TABLE 76 OTHERS: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 111
TABLE 77 ROW: CONSTRUCTION ADHESIVES MARKET SIZE, BY COUNTRY,
2013–2020 (THOUSAND TONS) 112
TABLE 78 ROW: CONSTRUCTION ADHESIVES MARKET SIZE, BY COUNTRY,
2013–2020 ($MILLION) 112
TABLE 79 ROW: CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY,
2013–2020 (THOUSAND TONS) 113
TABLE 80 ROW: CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY,
2013–2020 ($MILLION) 113
TABLE 81 ROW: CONSTRUCTION ADHESIVES MARKET SIZE, BY RESIN TYPE,
2013–2020 (THOUSAND TONS) 114
TABLE 82 ROW: CONSTRUCTION ADHESIVES MARKET SIZE, BY RESIN TYPE,
2013–2020 ($MILLION) 114
TABLE 83 ROW: CONSTRUCTION ADHESIVES MARKET SIZE, APPLICATION,
2013–2020 (THOUSAND TONS) 115
TABLE 84 ROW: CONSTRUCTION ADHESIVES MARKET SIZE, BY APPLICATION,
2013–2020 ($MILLION) 115
TABLE 85 RUSSIA: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 116
TABLE 86 BRAZIL: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 116
TABLE 87 OTHERS: CONSTRUCTION ADHESIVES MARKET SIZE, 2013–2020 117
TABLE 88 NEW PRODUCT LAUNCHES, 2010–2014 122
TABLE 89 MERGERS & ACQUISITIONS, 2010–2014 123
TABLE 90 INVESTMENT & EXPANSION, 2010–2014 124
TABLE 91 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS & JOINT VENTURES,
2010–2014 125
“
“LIST OF FIGURES
FIGURE 1 CONSTRUCTION ADHESIVES MARKET SEGMENTATION 18
FIGURE 2 RESEARCH DESIGN 20
FIGURE 3 BOTTOM-UP APPROACH 24
FIGURE 4 TOP-DOWN APPROACH 25
FIGURE 5 DATA TRIANGULATION 26
FIGURE 6 ASSUMPTIONS OF THE RESEARCH STUDY 27
FIGURE 7 LIMITATIONS OF THE RESEARCH STUDY 27
FIGURE 8 CONSTRUCTION ADHESIVES MARKET SNAPSHOT (2015 VS. 2020) 28
FIGURE 9 MARKET FOR CIVIL ENGINEERING TO GROW HIGHEST DURING THE FORECAST PERIOD, (2015-2020) 29
FIGURE 10 POLYURETHANE & EPOXY ADHESIVES MARKET REGISTER HIGHEST ATTRACTIVENESS FOR GROWTH, BY TYPE, 2020 29
FIGURE 11 ASIA-PACIFIC ACCOUNTS FOR LARGEST SHARE IN THE MARKET, BY REGION, 2014 30
FIGURE 12 CONSTRUCTION ADHESIVES MARKET TO GROW AT MODERATE CAGR BETWEEN 2015 AND 2020 31
FIGURE 13 CIVIL IS THE HIGHEST-GROWING APPLICATION OF CONSTRUCTION ADHESIVES 32
FIGURE 14 CIVIL ACCOUNTED FOR THE LARGEST SHARE IN THE EMERGING ASIA-PACIFIC MARKET 33
FIGURE 15 ASIA-PACIFIC ACCOUNTS FOR MAJOR SHARE OF THE GLOBAL CONSTRUCTION ADHESIVES MARKET 34
FIGURE 16 NORTH AMERICA AND EUROPE ACCOUNT FOR THE LARGEST SHARE OF WATERBORNE CONSTRUCTION ADHESIVES, BY TECHNOLOGY (2014) 34
FIGURE 17 CIVIL ACCOUNTS FOR LARGEST SHARE IN ROW OF CONSTRUCTION ADHESIVES MARKET, BY APPLICATION 35
FIGURE 18 EPOXY AND POLYURETHANE ADHESIVES DOMINATE THE CONSTRUCTION ADHESIVES MARKET, BY TYPE 35
FIGURE 19 DEVELOPING MARKETS TO GROW FASTER AS COMPARED TO DEVELOPED MARKETS 36
FIGURE 20 MODERATE-TO-HIGH GROWTH RATE DURING THE FORECAST PERIOD 36
FIGURE 21 NORTH AMERICA IS REACHING MATURITY PHASE 37
FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES & CHALLENGES FOR THE CONSTRUCTION ADHESIVES MARKET 41
FIGURE 23 VALUE CHAIN ANALYSIS 47
FIGURE 24 VALUE CHAIN ANALYSIS: COST POINTS IN DIFFERENT SEGMENTS 48
FIGURE 25 PORTER’S FIVE FORCES ANALYSIS 49
FIGURE 26 ACRYLIC ADHESIVE SEGMENT DOMINATES THE CONSTRUCTION ADHESIVES MARKET, BY TYPE, 2014 VS. 2020 ($MILLION) 54
FIGURE 27 CONSTRUCTION ADHESIVES MARKET SIZE, BY TECHNOLOGY, BY REGION ($MILLION)–2014 68
FIGURE 28 GROWTH IN CIVIL ENGINEERING WILL HAVE THE HIGHEST MARKET SHARE IN THE APPLICATION, 2014 VS. 2019 ($MILLION) 79
FIGURE 29 REGIONAL SNAPSHOT (2014)—OPPORTUNITIES FOR CONSTRUCTION ADHESIVES REMAIN POSITIVE IN INDIA AND CHINA 86
FIGURE 30 ASIA-PACIFIC–AN ATTRACTIVE MARKET FOR ALL CONSTRUCTION ADHESIVES APPLICATION, 2015–2020 87
FIGURE 31 FUTURE GROWTH OF VARIED CONSTRUCTION ADHESIVES TECHNOLOGY IN ASIA-PACIFIC, 2015–2020 88
FIGURE 32 NORTH AMERICA CONSTRUCTION ADHESIVES MARKET SNAPSHOT: DEMAND MAINLY DRIVEN BY WATERBORNE ADHESIVES & ON SITE APPLICATION 90
FIGURE 33 EUROPEAN CONSTRUCTION ADHESIVES MARKET SNAPSHOT: MARKET IS TECHNOLOGICALLY ADVANCING, BUT THE GROWTH IS LIMITED 97
FIGURE 34 ASIA-PACIFIC CONSTRUCTION ADHESIVES MARKET SNAPSHOT—DEMAND MAINLY DRIVEN BY THE RAPID EXPANSION OBSERVED IN THE PACKAGING INDUSTRY 104
FIGURE 35 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT AS KEY GROWTH STRATEGY (2010-2014) 118
FIGURE 36 GROWTH STRATEGIES OF MAJOR COMPANIES, 2010–2013 119
FIGURE 37 MARKET EVALUATION FRAMEWORK—NEW PRODUCT LAUNCHES HAVE FUELLED GROWTH & INNOVATION, FROM 2011 TO 2014 120
FIGURE 38 BATTLE FOR MARKET SHARE: NEW PRODUCT DEVELOPMENT WAS THE KEY STRATEGY (2010–2014) 120
FIGURE 39 CONSTRUCTION ADHESIVES AND SEALANTS MARKET SHARE ANALYSIS, BY COMPANY, 2013 121
FIGURE 40 GEOGRAPHICAL REVENUE MIX OF TOP FIVE MARKET PLAYERS 126
FIGURE 41 COMPETITIVE BENCHMARKING OF KEY MARKET PLAYERS (2009–2014): 3M COMPANY AG EMERGED AS THE CHAMPION OWING TO ITS DIVERSIFIED CONSTRUCTION ADHESIVE PRODUCT PORTFOLIO 127
FIGURE 42 HENKEL: COMPANY SNAPSHOT 128
FIGURE 43 HENKEL: SWOT ANALYSIS 131
FIGURE 44 H.B. FULLER: COMPANY SNAPSHOT 132
FIGURE 45 H.B. FULLER: SWOT ANALYSIS 136
FIGURE 46 SIKA AG: COMPANY SNAPSHOT 137
FIGURE 47 SIKA AG: SWOT ANALYSIS 140
FIGURE 48 BOSTIK: COMPANY SNAPSHOT 141
FIGURE 49 BOSTIK: SWOT ANALYSIS 143
FIGURE 50 3M COMPANY: COMPANY SNAPSHOT 144
FIGURE 51 3M: SWOT ANALYSIS 146
FIGURE 52 THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT 147
FIGURE 53 THE DOW CHEMICAL COMPANY: SWOT ANALYSIS 149
FIGURE 54 DAP PRODUCTS: COMPANY SNAPSHOT 150
FIGURE 55 DAP PRODUCTS: SWOT ANALYSIS 152
FIGURE 56 FRANKLIN INTERNATIONAL: COMPANY SNAPSHOT 153
FIGURE 57 FRANKLIN INTERNATIONAL: SWOT ANALYSIS 155
FIGURE 58 ILLINOIS TOOL WORKS INCORPORATION: COMPANY SNAPSHOT 156
FIGURE 59 ITW INCORPORATION: SWOT ANALYSIS 158
FIGURE 60 AVERY DENNISON CORPORATION: COMPANY SNAPSHOT 159
FIGURE 61 AVERY DENNISON CORPORATION: SWOT ANALYSIS 160
“
