Sika AG, the largest producer of adhesives and sealants for the building and automotive industries, has created a new polyurethane technology that it has introduced to the market under the Purform brand.
To broaden its diverse waterproofing range under its Master Builders Solutions brand, BASF SE launches MasterSeal 730 UVS, a revolutionary waterproofing membrane, in Asia. MasterSeal 730 UVS is a pre-applied waterproofing membrane made of high-density polyethylene (HDPE) sheets that have been given a special pressure-sensitive adhesive and coating to provide good adhesion to concrete surfaces without the need for additional protective screed.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5147
Published Date: Aug 10, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growth in number of old construction structure, surge in demand for decorative interior, and digital advancement in concrete bonding.
The market size of concrete bonding agents is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Sika AG, BASF SE, Henkel AG & Co. KGaA, Ardex Group and others.
The repairing segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.