Floor Tile Adhesive Market
Floor Tile Adhesive Market Share & Trends Analysis, By Type (Cementitious, Dispersion, Reaction Resin), By End-use Industry (Residential, Commercial, Industrial) & By Region Forecast - Global Review 2021 to 2031
Analysis of Floor Tile Adhesive Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Floor Tile Adhesive Market Forecast and CAGR
According to the latest research by Fact.MR, the floor tile adhesive market is set to witness steady growth during 2021-2031. Demand for these tile adhesive will witness steady recovery in the short term, with an optimistic growth outlook in the long run.
Floor tiles have huge demand during the forecast period as the real estate sector is reviving fast after the economic slowdown due to the covid-19 pandemic. An increase in housing finance companies providing home loans at low-interest rates is booming these adhesive’s demand.
Besides, affordable housing schemes demand is increasing as nuclear families are increasing which leads to an increase in demand for floor tiles and their adhesives. The floor tile adhesive market is expected to grow at a CAGR of 4%.
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What is the Driving Demand for Floor Tile Adhesive?
Evolving end-user demand for floor tiles continues to drive the demand for such tile adhesives. Builders continue to be a lucrative avenue for such tile adhesives manufacturers. These minimize shrinkage cracks and increase strength. Increasing demand for floor tiles due to various premium features help the adhesive market to grow.
Sales of such adhesives go through a cyclical boom-and-bust, which has remained a longstanding challenge for manufacturers. The fluctuation has meant that many manufacturers are often caught off-guard with respect to capacity utilization and expansion. Raw materials demand is expected to be moderate throughout the forecast period. Owing to the above-mentioned factors, the market is poised to experience steady growth during the forecast period 2021-2031.
Construction Sector Recovery is likely to Drive the Growth for Floor Tile Adhesive
The Construction sector is increasing rapidly as the demand for houses and commercial buildings are increasing rapidly. Floor tiles design and color change the ambiance of a building. The adhesive applied to the tiles helps the tiles to fix for the long term.
To plaster wide joints and restrict mould growth, such tile adhesives are used. Construction of corporate buildings also uses tile adhesives and various other products. Its demand will further increase in the majority of developing countries, owing to rapid urbanization in those countries.
Broken tiles adhesives are also increasing as their demands are increasing rapidly. The Construction sector was the worst hit due to the pandemic as a labor shortage in projects and raw materials shortage was very common. With the economy coming back to the track of various countries the demand is expected to rise and general expenditure of the public after vaccination would increase. These factors provide impetus to demand generation in the forecast period.
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The US and Canada Floor Tile Adhesive Market Outlook
The US is one of the largest markets for floor tile adhesive globally. Demand is likely to remain muted in the next few years, as a number of end-use industries make a gradual recovery.
Demand for these adhesive in the US and Canada will be led by growth in the construction sector. It has various applications like superior adhesion water-resistant and various other applications.
US and Canada have developed economies with huge land area the demand for houses is increasing as real estate is booming in Canada due to foreign investments in real estate. The sales would grow further as housing sector demand boosts.
Europe Demand Outlook for Floor Tile Adhesive?
Many countries in the EU have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. However, as is the case in the US and Canada, construction spending in the EU continues to drive demand for these tile adhesives.
Despite the COVID-19 challenges, most European countries have maintained a steady construction expenditure in 2020. Owing to this, the market is poised to experience steady demand from numerous end-use industries in the coming forecast years.
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Who are the Key Manufacturers and Suppliers of Floor Tile Adhesive?
The market is highly consolidated in nature. Some of the leading manufacturers and suppliers include
- UniBond
- EVO-STIK
- Everbuild
- Pidilite
- Asian paints
- tile master adhesives
Manufacturers are continuously expanding their business in different regions. Manufactures and their collaborations with top real estate builders and other organizations are helping the floor tile adhesive market to grow. Manufacturers are trying to innovate and modernize new materials which can give many different applications. New materials development and their applications would increase during the forecast period.
Floor Tile Adhesives Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Key Segments
-
By Type :
- Cementitious
- Dispersion
- Reaction Resin
- Others
-
By End-use Industry :
- Residential
- Commercial
- Industrial
-
By Region :
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Type 6.2. End-Use Industry 7. Global Market Analysis and Forecast, By Type 7.1. Cementitious 7.2. Dispersion 7.3. Reaction Resin 7.4. Others 8. Global Market Analysis and Forecast, By End-Use Industry 8.1. Residential 8.2. Commercial 8.3. Industrial 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. MEA 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. MEA Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Type and End-Use Industry for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. UniBond 19.2. EVO-STIK 19.3. Everbuild 19.4. Pidilite 19.5. Asian paints 19.6. tile master adhesives
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Type
Table 3: Global Market US$ Mn Forecast by End-Use Industry
Table 4: North America Market US$ Mn Forecast by Country
Table 5: North America Market US$ Mn Forecast by Type
Table 6: North America Market US$ Mn Forecast by End-Use Industry
Table 7: Latin America Market US$ Mn Forecast by Country
Table 8: Latin America Market US$ Mn Forecast by Type
Table 9: Latin America Market US$ Mn Forecast by End-Use Industry
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Type
Table 12: Western Europe Market US$ Mn Forecast by End-Use Industry
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Type
Table 15: Eastern Europe Market US$ Mn Forecast by End-Use Industry
Table 16: East Asia Market US$ Mn Forecast by Country
Table 17: East Asia Market US$ Mn Forecast by Type
Table 18: East Asia Market US$ Mn Forecast by End-Use Industry
Table 19: South Asia & Pacific Market US$ Mn Forecast by Country
Table 20: South Asia & Pacific Market US$ Mn Forecast by Type
Table 21: South Asia & Pacific Market US$ Mn Forecast by End-Use Industry
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Type
Table 24: MEA Market US$ Mn Forecast by End-Use Industry
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Floor Tile Adhesive Market