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Add to CartConcrete Bonding Agent Market
By Agent;
Cementitious Latex Based Agents and Epoxy Based AgentsBy Material Type;
Acrylic, Latex, Epoxy, and OthersBy Application;
Repairing, Flooring, Decorative, and MarineEnd-user Industry;
Residential and Non-residentialBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Concrete Bonding Agent Market Overview
Concrete Bonding Agent Market (USD Million)
Concrete Bonding Agent Market was valued at USD 5,683.16 million in the year 2024. The size of this market is expected to increase to USD 8,773.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.4%.
Concrete Bonding Agent Market
*Market size in USD million
CAGR 6.4 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 6.4 % |
| Market Size (2024) | USD 5,683.16 Million |
| Market Size (2031) | USD 8,773.66 Million |
| Market Concentration | Medium |
| Report Pages | 386 |
Major Players
- BASF SE
- Fosroc International Ltd.
- GCP Applied Technologies, Inc.
- Lafargeholcim
- Mapei S.P.A.
- QUIKRETE Companies
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Concrete Bonding Agent Market
Fragmented - Highly competitive market without dominant players
The Concrete Bonding Agent Market is experiencing robust growth as construction activities increasingly demand durable solutions for repair and renovation. With rising investments in infrastructure projects, the usage of bonding agents has surged by nearly 27%, underscoring their role in ensuring structural strength and longevity. These agents are widely recognized for enhancing adhesion between old and new concrete layers, making them a vital material in modern construction.
Growing Demand in Repair and Maintenance
The demand for repair and maintenance solutions has accelerated due to the aging of structures and the need for long-term resilience. Studies indicate that nearly 32% of bonding agent applications are linked to repair works alone, reflecting their dominance in this segment. The cost-effectiveness and efficiency of these materials have positioned them as essential components in both residential and commercial repairs.
Innovation Driving Market Expansion
Innovation in formulations has led to enhanced bonding properties, with manufacturers reporting up to 21% improvement in strength performance. These advancements have increased adoption rates across construction projects requiring reliable reinforcement. The move toward eco-friendly formulations is also contributing significantly to growth, with sustainable products seeing a 19% increase in market preference.
Rising Role in Modern Construction Practices
Concrete bonding agents are increasingly used in high-performance structures, where strength and durability are non-negotiable. Data shows that 29% of new construction projects now integrate bonding agents as part of their design specifications. This indicates a shift from optional use to becoming a standard practice in ensuring quality outcomes in modern infrastructure projects.
Future Outlook
With construction activities projected to remain strong, the adoption of concrete bonding agents is set to rise further. The market is expected to grow by an additional 24%, driven by innovation, sustainability, and performance benefits. As demand continues, the role of bonding agents will expand, ensuring enhanced durability and supporting the evolving needs of global infrastructure.
Concrete Bonding Agent Market Recent Developments
- In May 2023, Sika Group successfully finalized the acquisition of the MBCC Group, marking a pivotal step towards enhancing and expediting the sustainable transformation of its construction business segment.
- In April 2022, Euclid Chemical Company, a leading developer of concrete and masonry construction supplies, successfully acquired Chryso's business pertaining to cement grinding aids and additives in North America.
Concrete Bonding Agent Market Segment Analysis
In this report, the Concrete Bonding Agent Market has been segmented by Agent, Material Type, Application, End-user Industry and Geography.
Concrete Bonding Agent Market, Segmentation by Agent
The Concrete Bonding Agent Market is segmented by agent into Cementitious Latex-Based Agents and Epoxy-Based Agents.
Cementitious Latex-Based Agents
The cementitious latex-based bonding agents segment dominates with roughly 60% market share, favored for its strong adhesion and compatibility with various concrete surfaces. They enhance surface durability, prevent cracks, and improve overall structural integrity, making them a go-to choice in residential and commercial construction.
Epoxy-Based Agents
Epoxy-based agents capture around 40% of the market, valued for exceptional strength and chemical resistance. These agents are widely applied in industrial flooring, structural repairs, and heavy-duty construction projects, ensuring long-lasting and high-performance concrete bonds.
Concrete Bonding Agent Market, Segmentation by Material Type
The Concrete Bonding Agent Market is segmented by Material Type into Acrylic, Latex, Epoxy and Others
Acrylic
The acrylic-based bonding agents segment holds approximately 35% of the market, recognized for its excellent adhesion and flexibility in various concrete applications. These agents are preferred in exterior and interior construction projects due to their weather resistance and long-term durability.
Latex
Latex-based bonding agents account for nearly 30% of the market, valued for their superior water retention and enhanced bond strength. They are widely utilized in repairing, resurfacing, and leveling concrete surfaces, improving surface finish and crack resistance.
Epoxy
Epoxy-based agents represent around 25% of the market, known for their high-strength bonding and chemical resistance. These agents are predominantly used in industrial and heavy-duty construction, ensuring long-lasting and reliable concrete adhesion.
Others
Other materials contribute about 10% of the market, including polyurethane and hybrid formulations. These are applied in specialty construction projects requiring customized bonding solutions with specific performance characteristics.
Concrete Bonding Agent Market, Segmentation by Application
The Concrete Bonding Agent Market is segmented by Application into Repairing, Flooring, Decorative and Marine.
Repairing
The repairing segment accounts for nearly 40% of the market, driven by the need for restoring damaged concrete surfaces and extending structural life. These agents are widely used in bridges, highways, and industrial structures to provide strong adhesion and crack resistance.
Flooring
Flooring applications represent around 25% of the market, with bonding agents enhancing durability and surface finish. They are commonly applied in residential, commercial, and industrial flooring, improving wear resistance and aesthetic appeal.
Decorative
The decorative segment holds approximately 20% of the market, focusing on enhancing visual appeal of concrete through stamping, coloring, and overlays. These agents help achieve long-lasting adhesion and surface uniformity for architectural and landscaping projects.
Marine
Marine applications account for about 15% of the market, where water-resistant and corrosion-resistant bonding agents are crucial. These are used in ports, docks, and coastal infrastructure, ensuring durability under harsh saline environments.
Concrete Bonding Agent Market, Segmentation by End-user Industry
The Concrete Bonding Agent Market is segmented by End-user Industry into Residential and Non-residential
Residential
The residential sector represents approximately 55% of the market, driven by the rising demand for home renovations, flooring upgrades, and concrete repair. Bonding agents in this segment ensure strong adhesion, crack resistance, and long-lasting durability in houses, apartments, and residential complexes.
Non-residential
The non-residential segment holds around 45% of the market, fueled by commercial, industrial, and institutional construction projects. These agents provide enhanced structural integrity, surface adhesion, and aesthetic finish for offices, factories, schools, and public infrastructure.
Concrete Bonding Agent Market, Segmentation by Geography
In this report, the Concrete Bonding Agent Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Concrete Bonding Agent Market Share (%), by Geographical Region
North America
North America accounts for approximately 30% of the market, driven by the growing construction and renovation projects. The adoption of advanced bonding agents ensures durable flooring and concrete repair across residential and commercial structures.
Europe
Europe represents around 25% of the market, supported by stringent building codes and rising demand for decorative and repair applications. The region emphasizes sustainable and high-performance bonding solutions in construction.
Asia Pacific
Asia Pacific contributes roughly 28% to the market, fueled by rapid urbanization and infrastructure growth. There is significant adoption of concrete bonding agents in both residential complexes and industrial projects.
Middle East & Africa
The Middle East & Africa hold about 10% of the market, with demand driven by infrastructure expansion and commercial construction. Use of bonding agents ensures enhanced concrete performance in harsh environmental conditions.
Latin America
Latin America accounts for around 7% of the market, led by growth in urban development and repair works. There is increasing preference for durable and cost-effective bonding solutions in both residential and commercial sectors.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Concrete Bonding Agent Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Infrastructure Development Growth
- Technological Advancements Innovation
- Urbanization Expansion Increase
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Construction Industry Demand: The growing demand in the construction industry is a major driver for the global concrete bonding agent market. As construction projects become more complex and extensive, the need for high-quality bonding agents that ensure strong adhesion and structural integrity is increasing. Concrete bonding agents are essential for applications such as repairs, overlays, and new constructions, where a reliable bond between existing and new concrete is crucial. The expansion of residential, commercial, and infrastructure projects worldwide fuels the demand for these agents, making them indispensable in modern construction practices.
The rise in infrastructure development, including roads, bridges, and high-rise buildings, further propels the demand for concrete bonding agents. Governments and private sectors are investing significantly in infrastructure projects to support urban growth and economic development. This increased investment leads to a higher requirement for materials that enhance the durability and performance of concrete structures, thereby boosting the concrete bonding agent market. As construction activities continue to rise globally, the market for bonding agents is expected to grow in tandem with these expanding needs.
Restraints
- High Cost Factors
- Regulatory Compliance Challenges
- Market Competition Intensity
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Environmental Impact Concerns: Environmental impact concerns are a significant restraint for the global concrete bonding agent market. Traditional concrete bonding agents often contain chemical components that can be harmful to the environment, including volatile organic compounds (VOCs) and other pollutants. The production, application, and disposal of these agents can contribute to air and water pollution, raising sustainability issues. As environmental regulations become stricter, the construction industry faces increasing pressure to adopt more eco-friendly practices and materials, including bonding agents that have a lower environmental footprint.
In response to these concerns, there is a growing demand for eco-friendly and sustainable bonding solutions. Manufacturers are investing in research and development to create bonding agents that minimize environmental impact, such as those made from renewable resources or designed to be more easily recyclable. This shift towards greener products aligns with global sustainability goals and addresses regulatory requirements, but it also poses challenges for the market. The need to balance performance with environmental considerations can lead to higher costs and require significant innovation, impacting market dynamics and consumer adoption.
Opportunities
- Eco-Friendly Solutions
- Emerging Markets Potential
- Product Innovation Trends
-
Sustainable Construction Practices: Sustainable construction practices are increasingly driving the demand for eco-friendly concrete bonding agents. As the construction industry moves towards greener and more environmentally conscious methods, there is a growing emphasis on using materials and processes that reduce environmental impact. Concrete bonding agents that are formulated to be eco-friendly, with lower emissions and reduced environmental footprints, align with these sustainable practices. These agents often use renewable resources and are designed to be recyclable or biodegradable, making them a preferable choice for green building projects.
The adoption of sustainable construction practices also reflects broader trends in regulatory standards and consumer preferences. Governments and organizations are implementing stricter environmental regulations and certifications that encourage the use of sustainable materials in construction. This shift not only supports the industry's goals of reducing carbon footprints and enhancing energy efficiency but also meets the increasing demand from environmentally conscious consumers and businesses. As a result, the market for sustainable concrete bonding agents is expected to grow, driven by the need to integrate environmentally responsible practices into modern construction projects.
Competitive Landscape Analysis
Key players in Global Concrete Bonding Agent Market include;
- BASF SE
- Fosroc International Ltd.
- GCP Applied Technologies, Inc.
- Lafargeholcim
- Mapei S.P.A.
- QUIKRETE Companies
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Agent
- Market Snapshot, By Material Type
- Market Snapshot, By Application
- Market Snapshot, End-user Industry
- Market Snapshot, By Region
- Concrete Bonding Agent Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Infrastructure Development Growth
- Technological Advancements Innovation
- Urbanization Expansion Increase
- Construction Industry Demand
- Restraints
- High Cost Factors
- Regulatory Compliance Challenges
- Market Competition Intensity
- Environmental Impact Concerns
- Opportunities
- Eco-Friendly Solutions
- Emerging Markets Potential
- Product Innovation Trends
- Sustainable Construction Practices
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Concrete Bonding Agent Market, By Agent, 2021 - 2031 (USD Million)
- Cementitious Latex Based Agents
- Epoxy Based Agents
-
Concrete Bonding Agent Market, By Material Type, 2021 - 2031 (USD Million)
-
Acrylic
-
Latex
-
Epoxy
-
Others
-
- Concrete Bonding Agent Market, By Application, 2021 - 2031 (USD Million)
- Repairing
- Flooring
- Decorative
- Marine
-
Concrete Bonding Agent Market, End-user Industry, 2021 - 2031 (USD Million)
-
Residential
-
Non-residential
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- Concrete Bonding Agent Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Concrete Bonding Agent Market, By Agent, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE
- Fosroc International Ltd.
- GCP Applied Technologies, Inc.
- Lafargeholcim
- Mapei S.P.A.
- QUIKRETE Companies
- Company Profiles
- Analyst Views
- Future Outlook of the Market