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Mexico Construction Adhesives Market Size, Share, Growth, Forecast: By Resin Type: Acrylic, Polyurethanes, Polyvinyl Acetate, Epoxy, Others; By Technology: Water-Based, Solvent-Based, Reactive, Hot Melt, Others; By Application: Residential, Commercial, Industrial; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Mexico Construction Adhesives Market Outlook
The Mexico construction adhesives market size is expected to grow at a CAGR of 3.80% between 2024 and 2032. The market is being driven by the increasing construction activities in the country and rising applications of various construction adhesives.
Key Trends in the Market
Construction adhesive is a non-metallic bonding material that is used for holding materials together by surface attachment in a functional manner in construction applications. These types of adhesives are designed to be long-lasting and durable and are commonly used for construction components such as drywall, tiles, mouldings, and various fixtures.
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- Increasing population and growing urbanisation is resulting in significant infrastructural development which is fuelling the demand for construction adhesives in various applications including bonding and sealing.
- Growing demand for new and innovative construction adhesives that offer better efficiency and performance is encouraging technological advancements and developments in the Mexico construction adhesives market.
- Rising environmental awareness is increasing the demand for green construction materials, including sustainable and environmentally friendly construction adhesives made using low volatile organic compound adhesives.
Market Analysis
Based on resin type, the market is segmented into acrylic, polyurethanes, polyvinyl acetate, and epoxy, among others. On the basis of technology, the market is divided into water-based, solvent-based, reactive, and hot melt, among others. By application, the market is categorised into residential, commercial, and industrial. Based on region, the market is segmented into Baja California, Northern Mexico, The Bajio, Central Mexico, Pacific Coast, and Yucatan Peninsula.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Mexico construction adhesives market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- The 3M Company
- PPG Industries, Inc.
- Sika AG
- Bostik Inc.
- Henkel AG & Co. KGaA
- Grupo Lamosa
- Dow Chemical Company
- CEMIX MÉXICO SA DE CV.
- Others
Market Share by Resin Type
Acrylic resin types account for a sizable share of the Mexico construction adhesives market owing to their versatility and rising applications in various commercial as well as industrial sectors. The fast-curing ability and strong bonding property of acrylic resin type construction adhesives is further increasing their demand from users all across Mexico. Moreover, the rising demand for acrylic construction adhesives for use in construction of panels and metal roofs to bond the membranes to the roof deck is expected to further contribute to the growth of the market.
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Competitive Landscape
The 3M Company is an industrial machinery manufacturing company that was founded in 1902. The company is headquartered in Minnesota, United States and it specialises in innovation and collaboration.
PPG Industries, Inc. was established in 1883 and has its headquarters in Pennsylvania, United States. This manufacturing company supplies specialty materials along with paints and coatings to consumers globally.
Sika AG found in 1910 has its headquarters located in Baar, Switzerland. This chemicals company produces and supplies products for sealing, reinforcing, bonding, damping, and protecting to the construction and automation industries.
Other market players include Bostik Inc., Henkel AG & Co. KGaA, Grupo Lamosa, Dow Chemical Company, and CEMIX MÉXICO SA DE CV., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Resin Type |
|
| Breakup by Technology |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Mexico Construction Adhesives Market Overview
8.1 Key Industry Highlights
8.2 Mexico Construction Adhesives Historical Market (2018-2023)
8.3 Mexico Construction Adhesives Market Forecast (2024-2032)
9 Mexico Construction Adhesives Market by Resin Type
9.1 Acrylic
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Polyurethanes
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Polyvinyl Acetate
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Epoxy
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 Mexico Construction Adhesives Market by Technology
10.1 Water-Based
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Solvent-Based
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Reactive
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Hot Melt
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Mexico Construction Adhesives Market by Application
11.1 Residential
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Commercial
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Industrial
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Mexico Construction Adhesives Market by Region
12.1 Baja California
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Northern Mexico
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 The Bajio
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Central Mexico
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Pacific Coast
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Yucatan Peninsula
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 The 3M Company
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 PPG Industries, Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Sika AG
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Bostik Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Henkel AG & Co. KGaA
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Grupo Lamosa
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Dow Chemical Company
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 CEMIX MÉXICO SA DE CV.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Construction Adhesives Market: Key Industry Highlights, 2018 and 2032
2. Mexico Construction Adhesives Historical Market: Breakup by Resin Type (USD Million), 2018-2023
3. Mexico Construction Adhesives Market Forecast: Breakup by Resin Type (USD Million), 2024-2032
4. Mexico Construction Adhesives Historical Market: Breakup by Technology (USD Million), 2018-2023
5. Mexico Construction Adhesives Market Forecast: Breakup by Technology (USD Million), 2024-2032
6. Mexico Construction Adhesives Historical Market: Breakup by Application (USD Million), 2018-2023
7. Mexico Construction Adhesives Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Mexico Construction Adhesives Historical Market: Breakup by Region (USD Million), 2018-2023
9. Mexico Construction Adhesives Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Mexico Construction Adhesives Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 3.80% between 2024 and 2032.
The key drivers in the market are increasing infrastructural development, rising environmental awareness, and growing importance of speedy and efficient constructions.
The key trends of the market are rising urbanisation, technological advancements, rising use of low VOC adhesives, and growing demand for innovative products.
The major regions in the market are Baja California, Northern Mexico, The Bajio, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The different resin types of construction adhesives in the market are acrylic, polyurethanes, polyvinyl acetate, and epoxy, among others.
The various technologies for construction adhesives in the market are water-based, solvent-based, reactive, and hot melt, among others.
The primary applications of construction adhesives in the market are residential, commercial, and industrial.
The key players in the Mexico construction adhesives market, according to the report, are The 3M Company, PPG Industries, Inc., Sika AG, Bostik Inc., Henkel AG & Co. KGaA, Grupo Lamosa, Dow Chemical Company, and CEMIX MÉXICO SA DE CV., among others.
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