Global Cement Adhesive Market - 2023-2030

Global Cement Adhesive Market - 2023-2030

Global Cement Adhesive Market reached US$ 1.4 billion in 2022 and is expected to reach US$ 3.1 billion by 2030, growing with a CAGR of 9.9% during the forecast period 2023-2030.

Cement adhesive, also known as cementitious adhesive or just tile adhesive, is a kind of bonding substance that is used to fasten tiles, stones and other materials to a variety of surfaces. It is a crucial feature of building and remodeling projects, especially where porcelain, ceramic or natural stone tiles are used on walls, floors or other surfaces. The durability and longevity of the tiled surfaces are guaranteed by the strong and long-lasting bond that cement adhesives give.

Cement adhesives typically have adhesion strengths ranging from 1.5 MPa (megapascals) to 5 MPa or more. Flexural strength, which measures a material's capacity to endure bending pressures, can range from 3 MPa to 10 MPa. The amount of time that the adhesive is still usable after being applied is referred to as the ""open time."" From 20 minutes to 2 hours are possible. Setting time is the amount of time needed for the glue to sufficiently harden. It could last for 4 hours, 24 hours or longer.

Construction accounts for over 30% of the market share. Similarly, the Asia-Pacific dominates the cement adhesive market, capturing the largest market share of over 1/3rd. The region’s rapid urbanization and industrialization. China and India remain the largest producers of cement adhesive globally, accounting for nearly 30.9% and 20.1% of total production.

Dynamics

Population Growth, Rapid Urbanization and Focus on Sustainable Construction

One of the primary drivers of the global cement adhesive market is rapid urbanization, especially in emerging economies. The United Nations projects that the global population will reach 9.7 billion by 2050, with a significant proportion residing in urban areas. As urbanization intensifies, there will be an increasing need for residential buildings, infrastructure and commercial spaces. Cement adhesive serves as the backbone of construction projects, making it an essential component in accommodating the growing population in urban centers.

However, modernity has witnessed a growing emphasis on sustainability and environmental protection. The respective shift in consciousness has prompted construction companies and governments to adopt eco-friendly practices. Cement adhesive manufacturers are increasingly incorporating alternative fuels, such as biomass and waste-derived fuels, to reduce their carbon footprint.

Innovations in Adhesive Formulations

It is common for new adhesive formulations to offer enhanced performance traits such as stronger bonds, better adhesion to a variety of substrates, longer durability and resistance to moisture, heat and chemicals. These enhanced qualities give customers dependable options that are better suited to difficult applications, which promotes consumer confidence in the brand and increases demand.

New adhesive formulations can be developed to function with a larger variety of substances, surfaces and settings. Because of its adaptability, cement adhesive has a wider range of potential uses and can be used for many types of construction projects. Customers looking for customizable solutions are drawn to businesses that can work with a variety of materials, including ceramics, porcelain, glass, natural stone and others.

In June 2023, the start of a new campaign to raise consumer awareness of the negative effects of utilizing conventional solutions for tile fixing was announced by Pidilite, a top producer of construction and specialty chemicals. The advertisement highlights the customer's dissatisfaction with traditional tile fastening techniques, such as cement, which result in cracked tiles, debonding, falling tiles and an unsightly appearance.

Over the past few decades, tile usage has undergone tremendous change and sticking to conventional tile-fixing techniques may not be in line with the changing needs of modern customers. Unlike vitrified tiles, which are the most popular tiles today, which have a smooth and non-porous surface at the back and are challenging to bond with cement alone, ceramic tiles have a clay surface at the rear that bonds readily with cement adhesives.

Sustainable Construction Practices

Sustainable construction practices have gained momentum post-2020, with a focus on reducing carbon emissions and achieving environmental goals. The cement adhesive industry has been working towards adopting green technologies to produce eco-friendly cement. Government regulations and environmental policies have pushed cement adhesive manufacturers to invest in alternative fuel sources, such as biomass and waste materials, to reduce their carbon footprint.

For example, the European Commission's Green Deal aims to make Europe a climate-neutral continent by 2050, driving the adoption of sustainable cement adhesive practices. As the world continues to focus on sustainable development and urbanization, the cement adhesive market is expected to play a crucial role in shaping the construction landscape in the years to come.

Growing Popularity of DIY Projects

The user-friendliness of cement adhesive products makes them available to people without specialized construction or adhesive application expertise. These solutions allow DIY enthusiasts and homeowners to complete tiling and bonding jobs on their own without the need for substantial training or experience.

DIYers can save important time by using pre-mixed cement glue instead of having to mix and prepare materials on-site. Cement adhesive is ready to use right out of the bottle, allowing projects to move along fast. This is in contrast to traditional mortar, which needs careful blending and curing. For DIYers who frequently have little time for their projects, this convenience is especially appealing.

In DIY projects, homeowners or individuals frequently complete the labor themselves. Cement glue makes the installation process easier and eliminates the need for qualified contractors. As a result, llaborexpenses related to employing competent tradesmen are reduced, resulting in cost savings.

DIY projects give you a sense of empowerment and accomplishment. People can be proud of a tangible outcome when they finish a tiling or bonding project with cement glue. A strong attachment to the product may result from this emotional connection, which can promote recurrent use and word-of-mouth referrals.

Low Consistency in Quality Assurance and Installation

To bind multiple materials together in a solid and long-lasting way, cement adhesives are utilised. Inadequate installation methods and inconsistent application can cause weakened bonding, tiles that come loose from surfaces and other installation issues. Costly repairs, harm to the reputations of manufacturers and contractors and displeasure among end users can all arise from such failures.

Construction projects' durability depends on the strength of the adhesive bond. It is especially problematic in high-traffic areas or spaces exposed to water and other environmental conditions. Inconsistent installation practices might result in premature deterioration of installations. Customers' confidence in the adhesive product as well as the overall construction process may be damaged if they encounter problems with adhesion failure.

Environmental Concerns and Regulations

A significant portion of cement adhesives contain cement, which has a large carbon footprint during production. Carbon dioxide is released during the calcination of limestone and the labour- and energy-intensive process of producing clinker in the manufacture of cement. Adhesive VOC emissions may be harmful to the environment and human health. The need for low-VOC or VOC-free adhesive formulations has increased as a result of stricter limitations on VOC emissions.

Segment Analysis

The global cement adhesive market is segmented based on type, application, end-user and region.

Advantages of Cement Adhesive in the Construction

The construction segment held the largest cement adhesive market share of 38.8% in 2022 in the cement adhesive market analysis report. Different construction materials can be installed more quickly and easily owing to cement adhesive. In contrast to traditional mortar, which needs to be mixed and allowed to cure, cement adhesive is already mixed and ready to use. This helps construction workers during the building process save a lot of time.

Between the tile or stone and the substrate, cement glue forges a solid bond. This connection is necessary to keep the finished building sturdy and long-lasting as well as to stop tiles from shifting, loosening or cracking over time. Ceramic tiles, glass tiles and other materials like natural stones can all be used with cement glue. Due to its adaptability, it is frequently chosen for projects both inside and outside the home, including renovations of bathrooms and kitchens.

Geographical Penetration

Infrastructure Development, Urbanization and Construction Projects

Asia-Pacific cement adhesive market held the largest market share of 31.3% in 2022 in the cement adhesive market analysis. New construction and infrastructure investments in developing nations like China, India and Japan are leading to market expansions in the region.

Urbanization and population expansion have been happening quickly in the Asia-Pacific region. This has raised demand for new structures, housing developments, commercial buildings and infrastructure initiatives including bridges, roads and airports. The need for cement adhesives in construction is fueled by the necessity of using them for a variety of building applications, such as stones, joining tiles, bricks and other materials.

For instance, according to Nomura Research Institute Thailand, metropolitan rail networks in Southeast Asia are on course to grow by 20% by the end of the year. The growth is being driven by the desire to cut traffic and car emissions. In Thailand, Vietnam, the Philippines, Malaysia and Indonesia, Nikkei investigated commuter rail in the nation's capitals and significant cities. By the end of 2024, the total length of rail lines in those locations is expected to increase from 1,147 km in January 2023 to 1,356 km.

According to research conducted by the International Monetary Fund, to pay for housing, the typical household would need to spend more than 40% of its available income. Demand for housing and consumer amenities is expanding as the middle class grows throughout the Asia-Pacific region. This leads to an increase in building activities, such as interior work that frequently calls for cement adhesives for tiling, flooring and decorative components.

Competitive Landscape
The major global players in the market include Dow, Chembond Chemicals, Dymax, Polyguard Products, ITW, H.B. Fuller, Sakrete, BASF, Sika and ENECON.

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic in late 2019 created unprecedented challenges for industries worldwide, including the global cement adhesive market. As countries grappled with lockdowns, supply chain disruptions and reduced economic activity, the construction sector, which is a significant consumer of cement adhesive, was significantly impacted.

The onset of the pandemic in early 2020 led to widespread lockdowns and restrictions, impacting construction activities worldwide. Major cement adhesive-consuming industries, such as automotive, Pigment, infrastructure and real estate, came to a standstill, leading to a slump in demand for cement adhesive. As a result, many cement plants either suspended or reduced production to align with the reduced demand.

The COVID-19 pandemic severely disrupted global supply chains, impacting the transportation of raw materials to cement adhesive manufacturing plants. Movement restrictions and border closures delayed shipments and caused production delays. Additionally, some countries faced shortages of raw materials due to disruptions in their supply chain networks.

With the outbreak of the pandemic, many cement adhesive manufacturing units faced labor shortages as workers fell sick or were unable to travel to work due to lockdown restrictions. To curb the spread of the virus, cement adhesive plants implemented stringent safety measures, reducing the number of workers allowed on-site at a time. However, these measures were vital to safeguard the health of the workforce and maintain essential operations during the pandemic.

Russia-Ukraine War Impact Analysis

Russia, the second-largest producer of upstream crude oil, has hampered the manufacturing of PET coke in several nations. The shrinking PET coke inventory contributes to the rising cement adhesive pricing. The German Statistics Office reports that in February 2022, cement adhesive prices increased by 5%. This kind of exposure will affect the construction. These effects will be felt primarily in three sectors: manufacturing, transportation and raw commodities. These must, of course, be taken into account in any subcontracting plans.

By Type

● Epoxy

● Ceramic Tile

● Acrylic

● Resin

● Cementitious

● Vinyl

● Others

By Application

● Roofing Adhesives

● Flooring Adhesives

● Insulating Adhesives

● Tile Installation Adhesives

● Wall Bonding Adhesives

● Others

By End-User

● Construction

● Packaging

● Automotive

● Electronics

● Pigment

● Others

By Region

● North America
U.S.
Canada
Mexico

● Europe
Germany
UK
France
Italy
Russia
Rest of Europe

● South America
Brazil
Argentina
Rest of South America

● Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific

● Middle East and Africa

Key Developments

● On July 24, 2023, Shofu Dental Brasil Comercio de Produtos Odontologicos Ltda., a sales subsidiary of SHOFU, launched SUN MEDICAL's Super-BondTM dental glue with cement in Brazil, according to a press release from the company and Mitsui Chemicals, Inc.

● On October 12, 2019, 'Roff mein hain magar ki jakkad' was the topic of the first TVC for Roff, a well-known tile adhesive brand from the Pidilite Industries family. Roff provides a wide variety of tile and stone fastening solutions and is an inexpensive, ecologically friendly cement additive. Roff not only increases cement's durability but also makes it easier to deal with when attaching tiles.

● On February 1, 2021, Convergent Concrete Technologies (Convergent) was acquired by Meridian Adhesives Group (Meridian). Convergent, based in Orem, Utah, is a growing company in the development of high-performance concrete treatments and products. The dynamic technology range of the company consists of hardeners, densifiers, finishes and treatments that encourage the adhesion of materials. Since 2000, the business has offered its services to facility owners, builders, architects and engineers.

Why Purchase the Report?

● To visualize the global cement adhesive market segmentation based on type, application, end-user and region, as well as understand key commercial assets and players.

● Identify commercial opportunities by analyzing trends and co-development.

● Excel data sheet with numerous data points of Cement adhesive market-level with all segments.

● The PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.

● Product mapping available as Excel consisting of key products of all the major players.

The global cement adhesive market report would provide approximately 61 tables, 67 figures and 186 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies