Tile Adhesives & Stone Adhesives Market Share, Size, Trends, Industry Analysis Report, By Chemistry (Cementitious, Epoxy, Others); By Construction Type (New Construction, Repairs & Renovation); By End-Use; By Region; Segment Forecast, 2022 - 2030
The global tile adhesives & stone adhesives market size is expected to reach USD 8.69 billion by 2030, according to a new study by Polaris Market Research. The report “Tile Adhesives & Stone Adhesives Market Share, Size, Trends, Industry Analysis Report, By Chemistry (Cementitious, Epoxy, Others); By Construction Type (New Construction, Repairs & Renovation); By End-Use; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The growing demand for stone and tiles for flooring applications in residential, commercial, and infrastructural sectors is expected to drive market growth. The use of tiles and stones for floor and wall design is also likely to impact the demand for adhesives positively. Furthermore, innovation in adhesive technology and the growing demand for fast and efficient solutions is expected to complement market growth.
The increasing use of stones and tiles in emerging economies in residential construction and growing consumer preference for tiles and stones for home design are likely to drive the demand for adhesives in countries such as China and India. In addition, rising infrastructural projects and increasing use of stone and tiles owing to higher shelf life are expected to drive market growth for adhesive solutions.
The COVID-19 pandemic had a negative impact on the market owing to strict lockdown protocols enforced by governments across the globe, which led to the shutdown of construction projects. Several of these projects were shut down completely, reducing demand for construction materials and products. However, the resumption of day-to-day life in 2021 also led to the growth in demand for construction products driving the market for tiles and stone adhesives.
Tile Adhesives & Stone Adhesives Market Report Highlights
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