| Product Code: ETC4752267 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Hong Kong continued to see significant import shipments of concrete bonding agents, with top exporters being China, Germany, Taiwan, Malaysia, and Spain. Despite high concentration levels, the market demonstrated steady growth with a compound annual growth rate (CAGR) of 8.04% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024, indicating potential shifts in the market dynamics. Hong Kong`s reliance on these key exporting countries highlights the importance of monitoring global trends and trade relationships in the concrete bonding agents industry.
The concrete bonding agents market in Hong Kong is expanding as industries seek effective solutions for improving adhesion between concrete surfaces. Bonding agents enhance the strength and durability of concrete applications, making them essential in construction and repair projects. The demand for concrete bonding agents is driven by the increasing need for high-performance materials in the construction sector. As the industry evolves, the adoption of concrete bonding agents is anticipated to rise.
The demand for concrete bonding agents in Hong Kong is driven by the need for reliable materials that can enhance the bond between old and new concrete layers in repair and renovation projects. The growth in infrastructure development, combined with the increasing focus on maintaining and extending the lifespan of existing structures, is boosting the adoption of bonding agents in the construction sector.
The concrete bonding agents market in Hong Kong faces challenges related to competition and the need for product innovation. As the construction industry increasingly seeks high-performance bonding solutions, manufacturers must differentiate their products in a crowded marketplace. This requires ongoing investment in research and development to create innovative bonding agents that enhance performance, such as improved adhesion, flexibility, and durability. Additionally, navigating regulatory compliance concerning product safety and environmental standards can complicate market entry for new players. To thrive, businesses must focus on quality, customer education, and effective marketing strategies that highlight the benefits of their bonding agents over traditional options.
The Concrete Bonding Agents market is influenced by government policies that promote innovation in construction materials and compliance with safety standards. The government supports research into advanced bonding agents that enhance the strength and durability of concrete applications. Regulations are established to ensure compliance with industry standards for bonding products. Additionally, initiatives are aimed at educating construction professionals about the benefits of using advanced concrete bonding agents for improved construction quality.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Concrete Bonding Agents Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Concrete Bonding Agents Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Concrete Bonding Agents Market - Industry Life Cycle |
3.4 Hong Kong Concrete Bonding Agents Market - Porter's Five Forces |
3.5 Hong Kong Concrete Bonding Agents Market Revenues & Volume Share, By Agent, 2021 & 2031F |
3.6 Hong Kong Concrete Bonding Agents Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
3.7 Hong Kong Concrete Bonding Agents Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Hong Kong Concrete Bonding Agents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development projects in Hong Kong |
4.2.2 Rising demand for high-performance concrete bonding agents for durable and sustainable construction |
4.2.3 Growing focus on green building practices and environmentally friendly bonding agents |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Stringent regulations and standards governing the use of concrete bonding agents in construction projects |
5 Hong Kong Concrete Bonding Agents Market Trends |
6 Hong Kong Concrete Bonding Agents Market Segmentations |
6.1 Hong Kong Concrete Bonding Agents Market, By Agent |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Concrete Bonding Agents Market Revenues & Volume, By Cementitious Latex Based Agents, 2021-2031F |
6.1.3 Hong Kong Concrete Bonding Agents Market Revenues & Volume, By Epoxy Based Agents, 2021-2031F |
6.2 Hong Kong Concrete Bonding Agents Market, By End-User Industry |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Concrete Bonding Agents Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Hong Kong Concrete Bonding Agents Market Revenues & Volume, By Road & Infrastructure, 2021-2031F |
6.2.4 Hong Kong Concrete Bonding Agents Market Revenues & Volume, By Utility Industries, 2021-2031F |
6.2.5 Hong Kong Concrete Bonding Agents Market Revenues & Volume, By Others, 2021-2031F |
6.3 Hong Kong Concrete Bonding Agents Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Concrete Bonding Agents Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Hong Kong Concrete Bonding Agents Market Revenues & Volume, By Non-residential, 2021-2031F |
7 Hong Kong Concrete Bonding Agents Market Import-Export Trade Statistics |
7.1 Hong Kong Concrete Bonding Agents Market Export to Major Countries |
7.2 Hong Kong Concrete Bonding Agents Market Imports from Major Countries |
8 Hong Kong Concrete Bonding Agents Market Key Performance Indicators |
8.1 Adoption rate of innovative bonding agent technologies in construction projects |
8.2 Number of new infrastructure projects utilizing concrete bonding agents |
8.3 Environmental impact assessment and sustainability ratings of bonding agents used in construction |
9 Hong Kong Concrete Bonding Agents Market - Opportunity Assessment |
9.1 Hong Kong Concrete Bonding Agents Market Opportunity Assessment, By Agent, 2021 & 2031F |
9.2 Hong Kong Concrete Bonding Agents Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
9.3 Hong Kong Concrete Bonding Agents Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Hong Kong Concrete Bonding Agents Market - Competitive Landscape |
10.1 Hong Kong Concrete Bonding Agents Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Concrete Bonding Agents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |