US Tile Adhesive Market has been growing tremendously at CAGR of 8.69% to reach USD 590.02 million by the end of 2030

Market Highlights:

Commenting on this report, an analyst from Market Research Future (MRFR)’s team said “U.S. tile adhesive market is estimated to be valued at USD 323.15 million in 2016 and expected to grow at CAGR of 8.69% during the forecast period from 2022-2030.”

Segment analysis:

U.S. tile adhesive market is segmented on the basis of type and end users. On the basis of type, the market is divided into cementitious adhesive, dispersion adhesive and reactive resin adhesive. Cementitious adhesive is holding major share in terms of overall demand of tile adhesive in this market. The major applications of cementitious adhesive in U.S. is as a wall tile adhesive and ceramic floor adhesives. Both water resistant cements and polymer modified cements are suitable for internal and external uses, which is favouring the demand of cementitious tile adhesive in the U.S. tile adhesive market. It has been the cementitious tile adhesive is estimated to grow at highest CAGR to reach USD 361.79 million by the end of 2023. Dispersion adhesive is another important type of tile adhesive used in the region. Its application can be found in interior tile bonding such as wall and floor tile adhesive. It exhibits better adhesion of ceramic tile with an increased pigment/binder ratio and to help achieve an increased water resistance. Dispersion adhesives account for nearly 25% share of the overall demand of tile adhesive in this market. Reactive resin adhesive holds the least share of demand among the three tile adhesive types due to its major use in assembly of furniture, signboard, and other building members as compared to adhesion of tiles.

Based on end users, the U.S. tile adhesive market is segmented as a residential and non-residential end users. Among them residential segment is consuming major share of overall tile adhesives, on account of growing reconstruction activities. People are taking up revamping the construction of houses to modify it with an attractive design and interiors. This trend is responsible for increasing use tile adhesive in residential segment, wherein it is used in bonding both wall and ceramic floor tile adhesion. Residential use of tile adhesive is estimated to dominate market with ~55% share of the market. This segment is anticipated to continue its dominance throughout the forecast period as the home owners seeking to replace their old and worn floors with modern ones. Non-residential segment is also a substantial end user of tile adhesive. The segment is witnessing growth owing to an increasing use of decorative tiles in malls, airports, office buildings, retail outlets, and other municipal and commercial buildings. The uses includes, flooring, wall coverings, countertops and backsplashes among others.

Regional Analysis:

The tile adhesive market for U.S. is expected to reach USD 590.02 million by 2030 from USD 323.15 million in 2016, expanding at CAGR of 8.69% from 2022-2030. The growth market is attributed to remodeling activities, as homeowners seek to replace old, obsolete style floors with modern, aesthetically pleasing tile styles. Home owners in this region are undertaking an extensive reconstruction of their house to give it an aesthetic look and attractive interior, which is driving the demand of tile adhesive in the U.S during the forecast period. In addition to this, the major player are earmarking significant chunk of their revenue for R&D in tile adhesives. They are inventing a new range of products that provides better adhesion and prolonged bonding ability. Major players in this market are, Bostik, Custom Building Products, H.B fuller, and Saint-Gobain Weber, among the other. Arkema has recently opened its new Bostik production facility in Dallas, Texas, which would add into the production capacity in the U.S. tile adhesive market. Bostik, a part Arkema Group, is leading the regional market, undertaking the production and revenue earned. In addition to this, Saint-Gobain Weber launched a new epoxy adhesive with three components, heavy duty, chemical resistant adhesive for fixing tiles & stones. In addition to this, Custom Building Products has introduced a high-performance glass tile premium thin-set mortar, which may propel growth of the market during the forecast period.

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