Global Tile Adhesive Market Research Report 2022
Due to the COVID-19 pandemic, the global Tile Adhesive market size is estimated to be worth US$ 6,997.65 million in 2022 and is forecast to a readjusted size of US$ 9,145.62 million by 2028 with a CAGR of 4.56% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Cementitious Adhesive accounting for 84.03% of the Tile Adhesive global market in 2021, is projected to value US$ 7,658.96 million by 2028, growing at a revised 4.46% CAGR from 2022 to 2028. While Tiled Floor Pasting segment is altered to a 4.58% CAGR throughout this forecast period.
North America Tile Adhesive market size was US$ 1,727.62 million in 2021, while Europe was US$ 2,264.51 million. The proportion of the North America was 26.68% in 2021, while Europe’s percentage was 34.97%, and it is predicted that Europe market share will reach 34.02% in 2028, trailing a CAGR of 4.12% through the analysis period. As for Asia-Pacific, increase in demand for residential construction in developing countries of Asia Pacific such as China, India, Indonesia, and Vietnam is anticipated to offer lucrative opportunities to manufacturers of ceramic tile adhesives operating in the region. Increase in FDI investment in the construction industry in developing countries of Asia Pacific is also expected to fuel the market in the region during the forecast period
The global major manufacturers of Tile Adhesive include Sika, MBCC Group, Mapei, Weber (Saint-Gobain), Henkel, ARDEX, Laticrete, Oriental Yuhong and Bostik (Arkema), etc. In terms of revenue, the global three largest players hold a 13.74% market share of Tile Adhesive in 2021.
Global Tile Adhesive Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Tile Adhesive Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. By Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
Sika
Bostik (Arkema)
Mapei
Henkel
ARDEX
MBCC Group
Weber (Saint-Gobain)
LANGOOD
Laticrete
ABC
Kerakoll
Norcros
Astral Adhesives
Ezee Tile
TAMMY
Oriental Yuhong
Wasper
EasyPlas
Vibon
Foshan Zhuoyang
Segment by Type
Cementitious Adhesive
Dispersion Adhesive
Reaction Resin Adhesive
Segment by Application
Tiled Floor Pasting
Stone Floor Pasting
Polyethylene Floor Pasting
Wood Floor Pasting
Others
Production by Region
North America
Europe
China
Asia (Excluding China)
Others
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of Latin America
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