Global Ceramic Tile Adhesive Market By Type (Standard Type, and Strong Type), By Application (vehicle Industry General Mechanical Industry, ), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022–2031
- Published date: April 2023
- Report ID: 16576
- Number of Pages: 396
- Format:
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Market.us announces the publication of its most recently generated research report titled, “Global Ceramic Tile Adhesive Market by Flooring Type (Standard and Strong), By Application (Wood Floor Pasting, Tiled Floor Pasting, Polyethylene Floor Pasting, and Stone Floor Pasting), By End-Use (Residential, Commercial, and Industrial) and by Region – Global Forecast to 2029.”, which offers a holistic view of the Global Ceramic Tile Adhesive Market through systematic segmentation that covers every aspect of the target market.
The Ceramic Tile Adhesive Market is projected to be USD 9,660.2 Mn in 2022 to reach USD 16,501.1 Mn by 2032 at a CAGR of 5.5%.
Ceramic tile adhesives are essential in the construction industry. As the use of tiles has grown predominantly over the last few decades, the requirement for tile adhesives is also on the rise. The ceramic tile adhesive is considered a substitute for traditional adhesives. The ceramic tile adhesives are used at swimming pools, airports, etc. Several companies operating, especially in the construction materials market, provide tile adhesives that are compatible with ceramic as well as mosaic tiles. The tile adhesive is used to affix tiles on the interior as well as exterior walls. The adhesive is a cement-based modified polymer. It is ready to use, and presoaking of tiles is not necessary.
The segment of cementitious chemicals is expected to see the most growth in the forecast period. Modifications to cementitious adhesives require that high-quality, blended polymers are used. This allows them to bond large ceramic tiles onto walls. The use of cementitious adhesives has many benefits. These include their excellent adhesion qualities, low cost, slip resistance, and self-curing capabilities. This is due to the fact that ceramic tiles have become thinner over time and are more durable. It also helps to create continuous surfaces of exceptional architectural value.
The adhesive is water-resistant, which minimizes shrinkage cracks. The adhesive used should meet specifications such as IS 15477 for India. Similar standards are defined by each country, so the manufacturers have to meet all the requirements of that specific standard. Under normal conditions, the adhesive could be stored for almost a year from the date of manufacture. The color of the adhesive is grey, and it is in the form of powder. The requirement of the adhesive varies depending upon the type as well as the smoothness of the surface. In an ideal case, the surface should be clean and smooth. The adhesive provides excellent bonding with cementitious surfaces like concrete, plaster, etc.
trending_up Total Revenue in 2018$ 9,660.2 Mn
trending_up Market CAGR of the Next Ten Years5.5%
no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028Purchase this report or a membership to unlock the market value (US$ Mn), share (%) and growth rate (%) comparison for this industry.- By Type
- By Region
- By Application
no_encryption Leading Companies Financial HighlightsPurchase this report or a membership to unlock the leading companies financial highlights for this industry.trending_up Market Revenue of the Next Ten Years$ 16,501.1 Mn
As construction and infrastructure are widely established in developed regions like North America, and Europe, demand from these regions for ceramic tile adhesive is anticipated to be stable. Developing regions like APAC are widely expanding in terms of infrastructure and construction activities, which helps to boost the demand for tile adhesives. Major developed countries have manufacturing sites but are shifting to countries such as China due to various positive factors such as cheap labor, availability of raw materials, lenient government norms, etc. Out of the vast End Uses the ceramic tile adhesive has, the majority of share is from residential End Uses followed by commercial and industrial. Many local players, along with established industry contributors, are also involved in the manufacturing the ceramic tile adhesive.
The segment of cementitious chemicals is expected to see the most growth in the forecast period. Modifications to cementitious adhesives require that high-quality, blended polymers are used. This allows them to bond large ceramic tiles onto walls. The use of cementitious adhesives has many benefits. These include their excellent adhesion qualities, low cost, slip resistance, and self-curing capabilities. This is due to the fact that ceramic tiles have become thinner over time and are more durable. It also helps to create continuous surfaces of exceptional architectural value.
Middle East & Africa is one of the most important markets for tile and stone adhesives. For the study of the Middle East & Africa market, Turkey, UAE, and South Africa were all considered. The Middle East’s construction industry is rapidly growing. Construction in the Middle East and Africa is booming as countries compete to provide the best possible foundation for trade and tourism. GCC countries in the Middle Eastern region are of paramount importance to the tile & stone adhesives industry. About 75-80% percent of all floor coverings are made from ceramic tiles. Global players are opening manufacturing plants in the region to meet the needs of these growing markets. The market for adhesives is also driven by rising demand from affordable housing projects, increased retail sector growth, growing tourism, and a growing population.
Global Ceramic Tile Adhesive Market Revenue (US$ Mn), 2019–2029
Due to the rapid development of economies of several fast-growing nations such as India and China due to various factors such as the developing construction sector demand for the target product is expected to rise in the forecast period. In addition to this, government initiatives and support for the expansion of end-use industries are expected to fuel the market progression. Government programs for providing shelter for all economically weaker sections, or efforts taken by governments for rapid industrialization, etc. indirectly help the ceramic tile adhesive market.
The growth of the construction industry, especially in APAC regions, is anticipated to contribute to the growth of the market. Further, increasing disposable income and interest of end-users in the use of designer tiles at commercial as well as residential sites is supposed to aid in the market growth.
It could damage health if enough precaution is not taken. It could damage the eyes or respiratory system. Skilled and well-trained labor is required. These factors could partly affect the growth of the market. Also, to reduce overall costs, some companies use low-cost chemicals, which could affect the quality and hence the market growth up to a certain extent.
Nonetheless, growing infrastructure development activities, help new entrants easily get into this market. As demand for the product is high, it encourages new players to get into the ceramic tile adhesive market. It is anticipated to maintain the price of the ceramic tile adhesive, which helps to boost the market growth.
The Global Ceramic Tile Adhesive market is segmented based on flooring type, application, end-user, and region. Based on Flooring Type, the market is segmented into standard and strong. The standard segment accounts for the majority share and is expected to register the highest growth over the forecast period, followed by the strong type. Based on application, the market is segmented into wood floor pasting, tiled floor pasting, polyethylene floor pasting, and stone floor passing. The tiled floor pasting segment accounts for a majority share of the global ceramic tile adhesive market. Lastly, the global ceramic tile adhesive market is segmented on the basis of end-users that is residential, commercial, and industrial.
Middle East & Africa is one of the most important markets for tile and stone adhesives. For the study of the Middle East & Africa market, Turkey, UAE, and South Africa were all considered. The Middle East’s construction industry is rapidly growing. Construction in the Middle East and Africa is booming as countries compete to provide the best possible foundation for trade and tourism. GCC countries in the Middle Eastern region are of paramount importance to the tile & stone adhesives industry. About 75-80% percent of all floor coverings are made from ceramic tiles. Global players are opening manufacturing plants in the region to meet the needs of these growing markets. The market for adhesives is also driven by rising demand from affordable housing projects, increased retail sector growth, growing tourism, and a growing population.
Global Ceramic Tile Adhesive Market Attractiveness Analysis by Flooring Type, 2019
Based on the region, the market is segmented into North America, Europe, APAC, and other regions. APAC owns the majority share in the global ceramic tile adhesive market, followed by North America, owing to the robust industrialization in these regions.
The research report on the global ceramic tile adhesive market includes profiles of some of the major companies such as BASF SE, Henkel AG & Co. KGaA, Arkema, Wacker Chemie AG, Saint-Gobain Weber GmbH, MYK Laticrete India Private Limited, and others.
Key Market Segments:
Type
- Standard
- Strong
Application
- Wood Floor Pasting
- Tiled Floor Pasting
- Polyethylene Floor Pasting
- Stonefloor Passing
Key Market Players included in the report:
- BASF SE
- Henkel AG & Co. KGaA
- Arkema
- Wacker Chemie AG
- Saint-Gobain Weber GmbH
- MYK Laticrete India Private Limited
For the Ceramic Tile Adhesive Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Market Size in 2022
USD 9,660.2 Mn
Growth Rate
5.5%
Forecast Value in 2032
USD 16,501.1 Mn
Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Ceramic Tile Adhesive MarketPublished date: April 2023add_shopping_cartBuy Now get_appDownload Sample - ParexDavco
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- Arkema SA Company Profile
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- BASF SE Company Profile
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- Laticrete
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- TAMMY
- Oriental Yuhong
- Dunshi
- Yuchuan
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