Tile Adhesives & Stone Adhesives Market by Chemistry, Construction Type, End Use and Region - Global Forecast to 2027

DUBLIN, Aug. 23, 2022 /PRNewswire/ -- The "Tile Adhesives & Stone Adhesives Market by Chemistry (Cementitious and Epoxy), Construction Type (New Construction and Repairs & Renovation), End Use (Residential, Commercial, and Institutional) and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The global tile & stone adhesives market size is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.0%, between 2022 and 2027.

Tile and stone adhesives are used to create a strong and durable bond between tile/stone and the tiling substrate. These adhesives are used to fix ceramic tiles, porcelain tiles, mosaics, marble, and granite to walls and floors in residential, commercial, and institutional applications.

The epoxy segment to lead the market during the forecast period.

Based on chemistry, epoxy is expected to lead the tile & stone adhesives market. Epoxy accounted for the largest share and is a major type of tile & stone adhesives. Epoxy adhesives are arguably among the most versatile resins used across industries. They exhibit superior tensile and shear strength, but poor peel strength unless modified with a more resilient polymer. They offer excellent resistance to oil, moisture, and a number of solvents. Low shrinkage on curing and high resistance to creep under prolonged stress are the major characteristics of several high-quality epoxy adhesives.

The new construction segment to lead the tile & stone adhesives market during the forecast period.

Based on construction type, the tile & stone adhesives market is segmented into new construction and repairs & renovation. The construction industry is growing at a faster rate as a result of increased spending in residential and institutional applications, for this purpose, globally. These adhesives have a huge market for tile-on-tile application in India, Singapore, and China. Also, the high spending planned by respective governments of developing economies such as Qatar, Oman, Vietnam, Poland, Ukraine, Argentina, and Brazil, is expected to drive the growth of tile adhesives in new construction applications.

The tile & stone adhesives market in the residential segment is expected to hold the largest share during the forecast period.

Based on end use, the tile & stone adhesives market is segmented into residential, commercial, and institutional. The institutional segment, which includes hotels, hospitals, schools, colleges, and universities, is projected to register the highest CAGR, in terms of value, during the forecast period. This growth is due to initiatives taken by government organizations to boost education, medical, and tourism activities globally. The leading countries in these segments include Sweden, Oman, Kuwait, India, Qatar, Thailand, and Malaysia.

Asia Pacific tile & stone adhesives market is estimated to register the highest CAGR during the forecast period.

Asia Pacific is the fastest-growing tile & stone adhesives market globally. The increasing awareness about the benefits of tile adhesives, improved tile strength & slip resistance, low VOC emitting products, and a large number of residential construction activities in Vietnam, Singapore, Malaysia, India, and China are fueling the growth of the tile & stone adhesives market. Asia Pacific is the more promising market and is expected to be the same during the forecast period.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Tile & Stone Adhesives Market
4.2 Tile & Stone Adhesives Market, by Chemistry
4.3 Tile & Stone Adhesives Market, by Construction Type
4.4 Tile & Stone Adhesives Market, by End Use
4.5 Asia-Pacific Tile & Stone Adhesives Market, by Chemistry and End Use, 2021
4.6 Tile & Stone Adhesives Market, Developed vs. Emerging Economies
4.7 Tile & Stone Adhesives Market, by Country

5 Market Overview
5.1 Introduction
5.2 Value Chain Overview
5.2.1 Value Chain Analysis
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growth in Global Construction Industry
5.3.1.2 Increased Demand from Residential Housing and Infrastructure
5.3.1.3 Increase in Use of Decorative Ceramic and Thin Porcelain Tiles
5.3.1.4 Significant Demand from Middle Eastern Countries
5.3.1.5 Stimulus Packages by US Government to Recover from COVID-19
5.3.2 Restraints
5.3.2.1 Low Awareness Regarding Tile & Stone Adhesives in Developing Economies
5.3.3 Opportunities
5.3.3.1 Development of Different Innovative Substrates
5.3.3.2 Innovative Low-Voc Adhesives
5.3.4 Challenges
5.3.4.1 Established Infrastructure in Developed Countries
5.3.4.2 Changing Regulations and Industry Standards
5.4 Porter's Five Forces Analysis
5.5 Macroeconomic Indicators
5.5.1 Introduction
5.5.2 GDP Trends and Forecast
5.5.3 Global Construction Industry: Trends and Forecast
5.6 Ecosystem Map
5.7 Trends/Disruptions Impacting Customer Businesses
5.8 Technology Overview
5.8.1 Water-based Adhesives
5.8.2 Solvent-based Adhesives
5.8.3 Hot-Melt Adhesives
5.8.4 Reactive Adhesives & Others
5.9 Average Price Analysis
5.10 Key Exporting and Importing Countries
5.10.1 Exports
5.10.2 Imports
5.11 Regulations
5.11.1 Leed Standards
5.12 Patent Analysis
5.12.1 Methodology
5.12.2 Publication Trends
5.12.3 Insights
5.12.4 Jurisdiction Analysis
5.12.5 Top Applicants

6 Tile & Stone Adhesives Market, by Chemistry
6.1 Introduction
6.2 Cementitious
6.2.1 Offers Easy Workability, High Efficiency, and Durability
6.3 Epoxy
6.3.1 Most Versatile Resin Used Across Industries
6.4 Others

7 Tile & Stone Adhesives Market, by Construction Type
7.1 Introduction
7.2 New Construction
7.3 Repairs & Renovation

8 Tile & Stone Adhesives Market, by End Use
8.1 Introduction
8.2 Residential
8.2.1 High Strength and Superior Finish Drive Segment
8.3 Commercial
8.3.1 Higher Complexity Leads to Fewer Competitors in Sector
8.4 Institutional
8.4.1 Requires Specialized Knowledge for Design and Construction

9 Tile & Stone Adhesives Market, by Region

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis
10.3 Company Revenue Analysis
10.4 Competitive Leadership Mapping, 2021
10.4.1 Stars
10.4.2 Emerging Leaders
10.4.3 Pervasive Players
10.4.4 Participants
10.5 SME Matrix, 2021
10.5.1 Progressive Companies
10.5.2 Dynamic Companies
10.5.3 Starting Blocks
10.5.4 Responsive Companies
10.6 Strength of Product Portfolio
10.7 Business Strategy Excellence
10.8 Competitive Scenario
10.8.1 Market Evaluation Framework
10.8.2 Market Evaluation Matrix
10.9 Strategic Developments
10.9.1 New Product Launches
10.9.2 Deals
10.9.3 Other Developments

11 Company Profiles
11.1 Key Players
11.1.1 Ardex Group
11.1.2 Terraco Group
11.1.3 Sika AG
11.1.4 Saint-Gobain Weber
11.1.5 H.B. Fuller
11.1.6 Mapei S.P.A.
11.1.7 Fosroc International Limited
11.1.8 Pidilite Industries Limited
11.1.9 Laticrete International, Inc.
11.1.10 Arkema (Bostik)
11.2 Other Players
11.2.1 BASF SE
11.2.2 3M Company
11.2.3 Henkel AG
11.2.4 The Dow Chemical Company
11.2.5 Custom Building Products
11.2.6 Construction Chemicals Pty
11.2.7 Flextile Ltd.
11.2.8 Norcros Adhesives
11.2.9 Magicrete Building Solutions
11.2.10 Perma Construction Aids Private Limited

12 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/saa4w1

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