The tile adhesive market is seeing outstanding patterns driven by headways in development works on, changing purchaser inclinations, and an emphasis on manageable structure materials. These patterns are reshaping the elements of the tile adhesive industry and affecting the selections of developers, project workers, and mortgage holders.
Move toward Tile Adhesives Modified with Polymers:
The growing preference for adhesives modified with polymers is a significant development in the market for tile adhesives. Polymer added substances, like plastic or acrylic, improve the glue properties of the mortar, giving better adaptability, attachment, and protection from water. This pattern mirrors the interest for elite execution tile glues reasonable for assorted applications, including wet regions and outside establishments.
Development in Enormous Configuration Tile Establishments:
The market is encountering development in the establishment of huge arrangement tiles, and this pattern is impacting the decision of tile cements. Enormous tiles require particular cements with better holding strength than help the weight and forestall tile slippage. Makers are answering by creating glue definitions planned explicitly for enormous and weighty tiles, tending to the necessities of contemporary plan patterns.
Interest for Fast Setting and Quick Restoring Glues:
The requirement for quicker development courses of events is driving the interest for fast setting and quick restoring tile glues. Manufacturers and workers for hire are settling on glues that consider faster tile establishments, decreasing venture courses of events and limiting disturbances. This pattern lines up with the developing accentuation on productivity in development processes.
Expanded Spotlight on Natural Supportability:
Natural maintainability is a vital pattern in the tile cement market, with a developing spotlight on eco-accommodating details. Water-based glues, low-VOC items, and cements with reused content are acquiring notoriety. As a feature of more extensive endeavours to diminish the ecological effect of development materials, producers are answering the interest for manageable choices.
Customization and Particular Tile Glue Arrangements:
The market is witnessing a shift toward individualized and specialized tiling-related solutions. Cements intended for explicit tile types, like porcelain, glass, or regular stone, are turning out to be more predominant. Custom details that take special care of changing substrate conditions and establishment necessities give developers and installers adaptable choices.
Development in Administering and Application Frameworks:
Development in apportioning and application frameworks is impacting the tile adhesive market. Advanced dispensing technologies, self-adhesive tiles, and pre-mixed adhesives are reducing the need for manual mixing and streamlining installation procedures. These developments add to proficiency, consistency, and simplicity of utilization, particularly in projects with tight timetables.
Market Development in Private Development:
The private development area is a critical driver of the tile adhesive market. There is a developing interest for great cements with strength and stylish allure as mortgage holders progressively pick tiles for deck, backsplashes, and washroom surfaces. The market pattern includes makers fitting items to meet the particular requirements of private applications.
Reception of Tile Cements in Remodel Undertakings:
In renovation projects, the use of tile adhesives is on the rise. Property holders and renovators are picking tile establishments over conventional materials for restoring spaces. The simplicity of use, adaptability of tile plans, and the accessibility of glue arrangements reasonable for different substrates add to the rising reception of tile cements in redesign tries.
Worldwide Extension and Market Infiltration:
Tile cement makers are zeroing in on worldwide extension and market entrance techniques. The rising interest for quality development materials in developing business sectors and the globalization of configuration patterns are driving organizations to investigate new geological domains. Vital organizations, conveyance arrangements, and item confinement are normal methodologies in this pattern.
Integration of technology and online accessibility:
Innovative reconciliation is impacting the openness of tile glues. Makers are utilizing computerized stages for item data, specialized help, and internet buying. The pattern includes giving clients extensive assets, including informative recordings, virtual apparatuses, and computerized stages that work with simple item choice and requesting.
Report Attribute/Metric | Details |
---|---|
Market Opportunities | Growth in the construction industry |
Market Dynamics | Swelling reconstruction and renovation activities |
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
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.
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.
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.
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.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
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.
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.
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.
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.
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