The global tile adhesive market is anticipated to observe an impressive growth for the forecast period, 2023-2027. The major factors are rapid urbanization, modernization, and industrialization, which increase the demand of tile adhesive market globally. Developed and developing countries are majorly focusing on investing in infrastructures and several development projects, which fuels the growth of the tile adhesive market. Also, Growth in residential construction activities can be seen due to the migration of individuals from rural places to urban cities. Therefore, growing use of tiles for covering walls and floor has propelled the tile adhesive industry.
Increasing Demand from Residential Sector
One of the primary reasons due to which growth of global tile adhesive is due to the significant rise in the residential developments. Lots of people from rural areas has migrated to urban areas in search of jobs and better facilities, which has increased the real estate business, increasing the demand for tile adhesives in commercial buildings as well as construction of houses. Furthermore, renovations and reconstructions are done in places like malls, institutes, offices and houses which ignites the growth of the tile adhesive market. Nowadays, people prefer more attractive and appealing interiors, which also contributes to the growth of the tile adhesive market.
Increasing Investment in the Tile Adhesive Market
Governments have started taking initiatives by funding and investing on various development projects, and industrial expansion, which will grow the tile adhesive market in the upcoming years. For instance, government of India has invested in the National Infrastructure Pipeline (NIP). Also, a
Market Segmentation
In terms of country, the United States is expected to be a lucrative market in the forecast period as the government is investing on residential and non-residential infrastructures in the country.
Market Players
Sika AG, Dow Chemicals Company, Arkema Group, ARDEX Group, Terraco Group, Saint-Gobain Webe, Mapei S.p.A, H.B. Fuller Company, Fosroc International Limited, Pidilite Industries Limited are the leading companies operating in the tile adhesive market.
Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021
and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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Type
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Polymer chemistry
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Usage Area
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Application
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End use
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Region
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Regional scope
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North America; Asia Pacific; Europe & CIS; South America;
Middle East & Africa
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Country scope
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United States; Canada; Mexico; China;
India; Japan; Indonesia; South Korea; Germany; France; United Kingdom; Spain;
Italy; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia;
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Key companies profiled
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Sika AG, Dow Chemicals Company, Arkema Group, ARDEX
Group, Terraco Group, Saint-Gobain Webe, Mapei S.p.A, H.B. Fuller Company,
Fosroc International Limited, Pidilite Industries Limited
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Customization scope
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10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs.
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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