Pune, 06, Dec, 2022: The report analysed by Maximize Market Research, the global material and chemical market research firm. Tile Adhesives and Stone Adhesives Market covers an extensive competitive and pricing analysis in the report. The Asia-Pacific region is expected to witness significant growth according to the report. During the Forecast period, the report expects the market to grow from USD 4.4 Billion in 2021 to USD 8.34 Billion in 2029 at a CAGR of 8.2 percent.
Tile Adhesives and Stone Adhesives Market Scope and Research Methodology
The research is a comprehensive analysis of all key players in the Tile Adhesives and Stone Adhesives Industry by country, region and at global level. Bottom-up approach has helped research analysts to analyse the micro-level factors affecting the growth and size of the Tile Adhesives and Stone Adhesives Market. To understand the factors affecting the Tile Adhesives and Stone Adhesives Market, the report gives details on the drivers, challenges, opportunities and restraints prevailing in the Tile Adhesives and Stone Adhesives Market.
The report has covered all the key global Tile Adhesives and Stone Adhesives Market player’s profiles from a strategic perspective and also given the competitive landscape of local players by region, which will help users of the report to understand the dynamics of the market and industry to formulate the growth strategies. Total market by segments and opportunities for growth are key findings of the report that help companies to utilize their resources and focus on growth prospects.
The Tile Adhesives and Stone Adhesives Market are segmented by Chemistry, Construction Type, End-Use and Region, with a focus on major firms such as market leaders, followers, and new entrants. The report is an investor & guide since it provides a comprehensive picture of the competitive landscape of leading players in the Tile Adhesives and Stone Adhesives Market by goods and services, revenue, financial status, portfolio, growth strategies, and geographical presence.
Data was collected using both primary and secondary data collection methods. Surveys, administering questionnaires and telephonic interviews with industry specialists, market leaders, entrepreneurs and marketing professionals were included in the primary methods. Secondary data was meticulously collected from a curated selection of sources for maximum reliability of the inferences. This includes official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the industry along with paid databases.
The market structure illustrated in each country, with market holdings by market leaders, followers, and local companies, provides a full insight into the research. The report also covers the market & mergers and acquisitions, strategic alliances, joint ventures, and partnerships by region, investment, and strategic intent. SWOT analysis was conducted to provide the strengths and weaknesses of the Tile Adhesives and Stone Adhesives Market while PESTLE was employed to understand the potential impact of the macro-economic factors affecting the Tile Adhesives and Stone Adhesives Market.
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Tile Adhesives and Stone Adhesives Market Overview
Tile adhesive is a formulated polymer glue that is used to affix different types of tiles such as mosaic, ceramic and clay tiles along with all kinds of natural tiles. Similarly, the stone adhesive is used to bond stones such as marble and granite. Portland cement, polymers, aggregate particles and additives are used to make the adhesive. This imparts qualities such as reduced shrinkage and enhanced strength, making it a popular choice.
Tile Adhesives and Stone Adhesives Market Dynamics
Economic development is resulting in the growth of the construction industry all around the world. This has led to an increase in residential, commercial and institutional construction projects. Growth in the industry is increasing the demand for Tile Adhesives and Stone Adhesives for various purposes such as attaching ceramic tiles and mosaics to floors and walls, ceiling tiles and thermal insulation. Increased demand supported by the growth of the construction industry is expected to be a major driver for the growth of the Tile Adhesives and Stone Adhesives Market.
Consumer preferences are changing with more importance being given to aesthetics. This has made tiles a décor piece than a necessity. Technological advances in the type and durability of tiles are set to drive the industry towards growth, increasing demand for gypsum-based adhesives. Given its eco-friendly nature, it is expected to boost the growth of the Tile Adhesives and Stone Adhesives Market during the forecast period.
Tile Adhesives and Stone Adhesives Market Regional Insights
The Asia-Pacific region dominated the market in 2021, holding 40 percent of the market share. Almost 60 to 70 percent of the region used marble or granite flooring. This increased the demand for Tile Adhesives and Stone Adhesives, thereby fuelling the growth of the market. Increasing awareness of VOC and government regulations is expected to drive the Tile Adhesives and Stone Adhesives Market’s regional growth.
The Middle East and African region are expected to witness significant growth over the forecast period. Countries in the region are major players in the tile and adhesive industry. Development and growth in the construction industry are major growth factors for the regional Tile Adhesives and Stone Adhesives Market.
Tile Adhesives and Stone Adhesives Market Segmentation:
- Others (Acrylic And Polyurethane)
By Construction Type:
- New Construction
- Repairs & Renovation
Tile Adhesives and Stone Adhesives Market Key Manufacturers include:
- ARDEX Group
- Terraco Group
- Sika AG
- Saint-Gobain Weber
- H.B. Fuller
- Mapei S.p.A
- Fosroc International Limited
- Pidilite Industries Limited
- Laticrete International, Inc.
- Arkema Group (Bostik SA)
- BASF SE (MasterTile)
- Mapei Corporation
- Superior Stone Products
- Wacker Chemie
Key questions answered in the Tile Adhesives and Stone Adhesives Market are:
- What are Tile Adhesives and Stone Adhesives?
- What is the current growth rate of the Tile Adhesives and Stone Adhesives Market?
- What is the growth rate of Tile Adhesives and Stone Adhesives Market for the forecast period?
- What is the nature of competition in Tile Adhesives and Stone Adhesives industry in developed and developing economies?
- Who are the key players in the Tile Adhesives and Stone Adhesives Market?
- Who are the market leaders in Tile Adhesives and Stone Adhesives in Europe?
- Who are the market leaders in Tile Adhesives and Stone Adhesives in USA and Canada?
- Who are the market leaders in Tile Adhesives and Stone Adhesives in India, China, Japan and South Korea?
- What are the factors affecting growth in the Tile Adhesives and Stone Adhesives Market?
- Who held the largest market share in Tile Adhesives and Stone Adhesives Market?
- What are the factors for the growth of Asia-Pacific region in Tile Adhesives and Stone Adhesives Market?
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- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Chemistry, Construction Type, End-Use and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Maximize Market Research is leading material and chemical research firm, has also published the following reports:
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About Maximize Market Research:
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