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The Tile Adhesive Market works inside a powerful structure impacted by different elements that on the whole shape its direction and development. To acquire an exhaustive comprehension of this industry, taking into account the accompanying key pointers is fundamental:
Development and Building Exercises: An essential driver in the Tile Adhesive Market is the degree of development and building exercises. The interest in tile adhesives is intently attached to patterns in private, business, and framework development. Market elements are fundamentally impacted by the general strength of the development business and the volume of tile establishments in different ventures.
Rising Pattern of Tiled Surfaces: The growing trend of using tiles on a variety of surfaces has a significant impact on the dynamics of the Tile Adhesive Market. Tiles are progressively well known for deck, walls, and even roofs in both private and business spaces. This pattern intensifies the interest for successful tile glues, molding the market's elements.
Benefits Over Customary Techniques: The market elements are impacted by the benefits that tile glues offer over customary strategies, for example, concrete mortar. Tile glues give faster and more productive establishment, better bond, and diminished restoring times. As manufacturers and project workers look for additional effective and dependable arrangements, the market for tile cements encounters development.
Developments in adhesive formulation technology: Technological advancements in adhesive formulations are altering the dynamics of the Tile Adhesive Market. Makers are creating imaginative glue items with upgraded properties, like better adaptability, water obstruction, and broadened working times. The market answers these progressions as experts look for superior execution glues for different applications.
Applications for Tiles of Various Kinds: The market elements are impacted by the assortment of tile applications, including clay, porcelain, glass, and normal stone tiles. Each kind of tile might require a particular cement definition in light of its qualities and the surface where it will be introduced. The market adjusts to these varieties, offering a scope of tile glues to meet different application needs.
Natural Contemplations and Supportability: Developing natural mindfulness is influencing market elements, prompting a shift towards more maintainable tile glue arrangements. Water-based and low-VOC (unstable natural compound) details are acquiring ubiquity as ecological contemplations become fundamental to development rehearses. The dynamics of the market respond to the need for environmentally friendly adhesive options.
Portion of the overall industry and Contest Among Producers: Market dynamics are significantly influenced by the landscape of competition and manufacturers' market shares. Driving makers frequently drive development, set industry guidelines, and impact valuing patterns. The elements of the Tile Adhesive Market are formed by the techniques of central parts, including item advancement, vital associations, and market extension endeavors.
Construction Methods in Different Regions: The elements of the Tile Adhesive Market fluctuate across areas because of contrasts in development rehearses, compositional styles, and nearby inclinations. Local varieties impact the interest for explicit sorts of tile glues and plans. To tailor their products to the needs of the local market, suppliers and manufacturers must comprehend these geographical dynamics.
Circulation Channels and Inventory network Proficiency: The productivity of dispersion channels and the general inventory network influence the accessibility and valuing of tile glues. The elements of the market are formed by variables, for example, operations, transportation expenses, and stock administration. To effectively navigate market dynamics, manufacturers and distributors must optimize supply chain processes.
Specialized Applications and Customization: The market elements are affected by the interest in redid and specific tile cement arrangements. Certain applications, like pools, exteriors, or high-traffic regions, may require glue definitions with explicit properties. The market answers these requests by offering specific items customized to one-of-a-kind application prerequisites.
Purchaser Inclinations and Tasteful Contemplations: Buyer inclinations and tasteful contemplations assume a critical part in forming the elements of the Tile Adhesive Market. As configuration patterns advance, shoppers look for cement arrangements that supplement their tasteful decisions. The market adjusts to these inclinations by offering various glue choices that take care of various plan styles and patterns.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Type, Application, Polymer Chemistry and Region |
Tile Adhesive Market Highlights:
Global Tile Adhesive Market Overview
The tile adhesive market size was valued at USD 21.39 billion in 2023. The tile adhesive industry is projected to grow from USD 23.45 Billion in 2024 to USD 51.91 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 13.50% during the forecast period (2024 - 2032). The increasing demand for tiles and marble for developing areas and rising reconstruction and renovation activities are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Tile Adhesive Market Trends
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Growing demand for tile and marble flooring in commercial and corporate areas to boost the market growth
Developments in new production technologies for ceramic and porcelain tiles have led to thinner and larger tiles. These tiles are used to create almost continuous surfaces, increasing their architectural value. Also, the increase in the demand for soundproofing and thermal insulation in buildings has led to a trend shift from the use of normal concrete substrates to different innovative substrate materials such as gypsum boards, chipboards, plaster boards, cement fiber panels, metal surfaces, and heated floors. Emerging new substrates for swimming pools, such as fiberglass and cementitious screed, have led to the development of new tile adhesives from Mapei S.p.A and Saint-Gobain Weber, among other companies.
Further, According to ICIS, the volume of the construction industry is likely to grow by 35% to USD 5.8 trillion by 2030 and will be mainly driven by the US, China, and India. This growth would drive the demand for tile adhesives in various construction applications. Asia Pacific is leading the construction market due to the burgeoning growth of residential, commercial, and institutional engineering projects in countries such as China and India. The construction industry in ASEAN countries is expected to project phenomenal growth compared to the rest of the world. This growth is expected to enhance the tile adhesive market CAGR across the globe in recent years.
Additionally, according to the National Highway Traffic Safety Administration (NHTSA), in 2020, 3,142 fatal incidents led to the loss of life due to distracted driving across the US. Also, NHTSA registered nearly 8% of the fatal accidents that occurred in 2020 were due to distracted driving. Similarly, as per the WHO insights, drivers operating mobile phones behind the wheel are four times more likely to face mishaps while driving. Similarly, per the data documented by the Indian Road Transport Ministry in 2016, 4,746 individuals were injured while distracted driving. Such accidents generally impact the cervical and spine region leading to critical injuries. Therefore, a medical condition related to cervical spondylosis has enhanced the tile adhesive market CAGR across the globe in recent years.
However, the rising migration of individuals across cities is fueling the need for additional housing space, particularly in tier 1 cities. Government and private sector enterprises are investing in the construction sector and are emphasizing rural development, which is another factor driving the growth of the tile adhesive market revenue.
Tile Adhesive Market Segment Insights
Tile Adhesive Type Insights
The tile adhesive market segmentation, based on type, includes cementitious, dispersion, and reactive tile adhesive. The cementitious segment held the majority share 2021 of the tile adhesive market revenue. This is primarily owing to the rise in the number of residential and large-scale construction projects that are boosting the usage of tiles. However, dispersion is the fastest-growing category over the forecast period. The ability of dispersion to deliver chemical resistance and help in strengthening the durability of the finished product. Dispersion-based tile adhesives utilize less water and have higher flexural strength than cement-based tile adhesives, making them attractive alternatives.
November 2021: Nuvoco Vistas Corp Ltd has launched Zero M Water Shield 2K and Zero M Speedex Tile Grout in a virtual event. Developed at the Nuvoco Construction Development and Innovation Centre (CDIC), the products are ready to use and are designed to provide excellent resistance to water ingress, claims Nuvoco Vistas Corp. Zero M Watershield 2K is a two-component acrylic cementitious coating formulated to be mixed on-site and applied over the concrete and masonry surfaces by brush, to provide an elastomeric waterproof membrane.
Tile Adhesive Polymer Chemistry Insights
The tile adhesive market segmentation, based on polymer chemistry, includes acrylic, vinyl acetate ethylene, have-veova, epoxy, styrene-butadiene, polyurethane, and others. The vinyl acetate-ethylene segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. This is due to the increasing demand from electrical & electronics, packaging, and solar power industries. Hence, increasing demand for tile adhesive positively impacts market growth. However, styrene-butadiene is the fastest-growing category over the forecast period. Styrene butadiene improves tensile strength, flexural strength, and corrosion resistance and provides greater flexibility for crack bridging.
Tile Adhesive Application Insights
The tile adhesive market data has been bifurcated by the application of ceramic tile, vitrified tiles, natural stone, mosaic, and glass. The ceramic tile segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030, due to the rising demand for ceramic tiles for decorative applications. However, natural stone is the fastest-growing category over the forecast period due to increased activity in the construction sector.
Figure 2: Tile Adhesive Market, by Application, 2021 & 2030 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Tile Adhesive Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North America tile adhesive market accounted for USD 8.12 billion in 2021 and is expected to exhibit a significant CAGR growth during the study period. This is attributed to increased industrialization and construction in this region. Building construction companies in the US are moving toward green construction techniques to avoid environmental damage and protect the natural balance. Moreover, the US tile adhesive market held the largest market share, and the Canada tile adhesive market was the fastest-growing market in the Asia-Pacific region.
Further, the major countries studied in the market report are The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: TILE ADHESIVE MARKET SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe tile adhesive market accounts for the second-largest market share due to the rise in the number of people constructing and renovating dwelling areas. Increased spending on the interiors and exteriors of residential spaces and an increase in disposable income are predicted to fuel market growth in this region. Further, the Germany tile adhesive market held the largest market share, and the UK tile adhesive market was the fastest-growing market in the European region.
The Asia-Pacific tile adhesive Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to increasing awareness about the benefits of tile adhesives, improved tile strength & slip resistance, low VOC emitting products, and many residential construction activities in Vietnam, Malaysia, India, Singapore, and China are fueling the growth of the stone adhesives market. Moreover, the China tile adhesive market held the largest market share, and the India tile adhesive market was the fastest-growing market in the Asia-Pacific region.
Tile Adhesive Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will assist the tile adhesive market to grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, mergers and acquisitions, contractual agreements, increased investments, and collaboration with other organizations. Competitors in the tile adhesive industry must offer cost-effective items to expand and survive in an increasingly competitive and growing market environment.
One of the primary business strategies manufacturers adopt in the tile adhesive industry to benefit clients and expand the market sector is manufacturing locally to reduce operating costs. In recent years, the tile adhesive industry has provided the most significant benefits. The tile adhesive market major player such as Pidilite IndIndiatries Ltd., MYK LATICRETE INDIA PVT LTD., Saint-Gobain Weber, and others are working on expanding the market demand by investing in research and development activities.
Berger Fosroc Ltd is a developer of chemicals based in Bangladesh. The company provides various chemical solutions, including cement grinding aids, concrete admixtures, grouts, waterproofing, and joint sealants, to all sectors of the construction industry, helping them with the construction of buildings, power plants, and all types of transportation and civil infrastructure. In March 2022, Berger Fosroc Ltd, a joint venture between Berger Paints Bangladesh and Fosroc International Ltd, set up a construction chemicals factory in Bangladesh to meet the growing domestic demand for construction chemical materials and solutions.
Also, Sika AG is a Swiss multinational specialty chemical company that supplies to the building sector and motor vehicle industry, headquartered in Baar, Switzerland. The company develops and produces systems and products for bonding, sealing, damping, reinforcing, and protecting. It has over 27,000 employees and subsidiaries in more than 100 countries. In February 2022, Sika expanded in Tanzania to supply locally produced mortars and tile adhesives, and concrete admixtures by eliminating the need for long transport routes and ensuring rapid and reliable delivery to customers. Its site extension in Ivory Coast allows the company to double production capacities in tile adhesives and repair mortars while increasing warehousing capacities.
Key Companies in the Tile Adhesive market include
- Pidilite Industries Ltd. - India
- MYK LATICRETE INDIA PVT LTD. - India
- Saint-Gobain Weber - Germany
- Fosroc India - India
- BASF India Ltd - India
- Huntsman Corporation - the USA
- Kajaria Ceramics Limited - India
- Bostik - the USA, among others
Tile Adhesive Industry Developments
February 2021: Laticrete launched a premium adhesive mortar for glass tiles and mosaic tiles. Enhanced with superior adhesion for all types of glass tile applications, indoor and outdoor, including pools, spas, showers, and more. Glass Tile Adhesive Lite meets the highest standard for polymer-modified adhesives.
May 2021: Arkema expanded Bostik's business in the US. The company expanded its product offerings in high-performance adhesives.
Tile Adhesive Market Segmentation
Tile Adhesive Type Outlook
- Cementitious
- Dispersion
- Reactive Tile Adhesive
Tile Adhesive Polymer Chemistry Outlook
- Acrylic
- Vinyl Acetate Ethylene
- Have-Veova
- Epoxy
- Styrene Butadiene
- Polyurethane
- Others
Tile Adhesive Application Outlook
- Ceramic Tile
- Vitrified Tiles
- Natural Stone
- Mosaic
- Glass
Tile Adhesive Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
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