Concrete Bonding Agents Market Growth Accelerated by Increasing Infrastructure Development
Concrete bonding agents are special types of adhesives used for joining concrete to concrete, masonry or other surfaces. They help in bonding freshly poured or pre-placed concrete to hardened or cured concrete. With rapid urbanization and growing infrastructure projects across both developed and emerging economies, the demand for construction materials including concrete is rising substantially. This is driving the need for concrete bonding agents to ensure secure bonding of concrete surfaces in structures. The global Concrete Bonding Agents Market is estimated to be valued at US$ 2,773.5 Mn in 2023 and is expected to exhibit a CAGR of 8.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the concrete bonding agents market is majorly attributed to increasing infrastructure development projects across both commercial and residential sectors globally. Mega infrastructure projects related to...