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Concrete Bonding Agents Market Share

Report ID: GMI8416
Published Date: Mar 2024
Report Format: PDF

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Concrete Bonding Agents Market Share

Concrete Bonding Agents Market Company Revenue Share, (2023)

The competitive landscape of the agents market, featuring major players such as Sika AG, BASF SE, Fosroc International, MAPEI Corporation, LafargeHolcim, GCP Applied Technologies. Reflects a moderately concentrated market with notable initiatives driving competition. While these companies contribute significantly to the industry's dynamics, there is still a degree of fragmentation with diverse product offerings and market shares. Competitive approaches among these key players encompass a mix of pricing strategies, distribution network strength, and continuous product innovation. Pricing remains a crucial aspect, with companies strategically positioning their Concrete Bonding Agents products to attract a broad customer base. Distribution channels play a vital role, particularly for global players leveraging extensive networks to ensure widespread availability of their products.

Concrete Bonding Agents Market Companies

Major players operating in the concrete bonding agents industry include:

BASF SE
Fosroc International
GCP Applied Technologies
LafargeHolcim
MAPEI Corporation
Sika AG

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for concrete bonding agents reached USD 4.6 billion in revenue in 2023 and is set to expand at over 8.2% CAGR between 2024 and 2032 propelled by the surging demand for durable and high-performance construction materials.

Concrete bonding agents industry from the cementitious latex-base segment accounted for 67.6% revenue share in 2023 and is estimated to record substantial growth by 2032 attributed to its versatility and cost-effectiveness.

U.S. market for concrete bonding agents held 37.4 % revenue share in 2023 and is set to expand at a robust pace through 2032 driven by the consistent demand for advanced construction materials and the strong focus on infrastructure development.

Some of the leading firms engaged in the market are BASF SE, Fosroc International, GCP Applied Technologies, LafargeHolcim, MAPEI Corporation, and Sika AG.