Ceramic Tile Adhesive Market Report

Government schemes and policies supporting home purchase of first-time buyers and increase in the growth of the construction industry are prophesied to augment the demand in the global ceramic tile adhesive market. Ceramic tile adhesive finds application in the installation of backsplashes and countertops and as a workability and lubricity enhancer and coating polymer. Development of civil infrastructure in developed as well as emerging countries is predicted to increase the growth potential of the global market. Increase in building, renovation, and reconstruction activities could push the demand for ceramic tile adhesive. High demand for decorative ceilings and walls could be another powerful factor creating growth opportunities in the global market.

QYR Consulting forecasts the global ceramic tile adhesive market to expand at a moderate CAGR of 4.9% during the forecast period 2019-2025. By the end of 2025, the size of the global market is projected to increase to an estimated US$19.0 Bn, improving from an approximately US$13.6 Bn reached in 2018. The report offers deep insights into critical aspects of the global market, including competition, dynamics, and segmentation.

Market Dynamics

Increase in the number of residential projects and overall expansion of the construction industry are key factors expected to help propel the growth of the global ceramic tile adhesive market. Rising use of ceramic tiles in residential construction due to their attractive visual appeal and designs, moisture and abrasion resistance, and other benefits is anticipated to strengthen the demand in the global market. Increasing relocation of people to urban areas, improvement in living standards, and rising foreign direct investment in construction projects could be other important factors creating lucrative opportunities for ceramic tile adhesive manufacturers.

Market Segments

On the basis of product type, the global ceramic tile adhesive market is segmented into reaction resin adhesive, dispersion adhesive, and cementitious adhesive. By application, the global market is segmented into wood floor pasting, polyethylene floor pasting, tiled floor pasting, stone floor pasting, and others.

By Region

Key Players

The global ceramic tile adhesive market witnesses the presence of leading players such as ParexDavco, Kaben, Bostik, Doborn, Mapei, Vibon, Henkel, EasyPlas, Sika, BASF, Yuchuan, Weber, Dunshi, Langood, Oriental Yuhong, Ronacrete, TAMMY, Laticrete, and ABC.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.