openPR Logo
Press release

Floor Adhesives Market worth US$ 6,947.8 million in 2023

12-10-2018 11:05 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Floor Adhesives Market worth US$ 6,947.8 million in 2023

Stratview Research announces the launch of a new research report on Floor Adhesives Market. This 248-page extensive report from Stratview Research, studies Floor Adhesives Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Click here to read the detailed description:- https://www.stratviewresearch.com/333/Floor-Adhesives-Market.html

This Floor Adhesives Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• by Material Type (Epoxy Adhesives, Acrylic Adhesives, Polyurethane Adhesives, Vinyl Adhesives, Others)- Acrylic adhesive segment currently dominates the global floor adhesives market.
• by Application Type (Tile & Stone, Carpet, Wood, Laminate, Resilient Flooring, Others)- Resilient flooring is likely to remain the most dominant application type.
• by Technology Type (Water-based Adhesives, Solvent-based Adhesives, Other Adhesives)- Water-based technology currently dominates the floor adhesives market.
• by End-User Type (Residential Use, Commercial Use, Industrial Use)
• by Region (North America, Europe, Asia-Pacific, Rest of the World)- Asia-Pacific is expected to remain the largest and fastest-growing floor adhesives market globally in the foreseeable future.

Go through the detailed TOC:- https://www.stratviewresearch.com/toc/333/Floor-Adhesives-Market.html
Or
Get a free sample:- https://www.stratviewresearch.com/Request-Sample/333/Floor-Adhesives-Market.html

Floor Adhesives Market Insights
The global flooring market is nearly 13 billion square meters in which ceramic tile is the most commonly used flooring for both residential as well as commercial sectors. Adhesives have progressively been becoming the preferred choice of materials to install most of the flooring types used today for residential, commercial, and industrial purposes. Apart from tiles & stones which are more often used with the cementitious product for adherence, all the other major flooring types such as resilient, wood, and carpet are predominantly installed using polymer adhesives.

There are various types of adhesives used to adhere different flooring with substrates. The selection of adhesives is largely dependent on the flooring type as well as flooring application. Furthermore, the demand for a flooring type varies from region to region as a result of cultural differences, climatic conditions, and regional regulatory requirements. It has been observed that much of the growth in the demand for flooring is driven by refurbishment rather than new construction demand.

The global floor adhesives market is projected to grow at a healthy growth over the next five years and reach US$ 6,947.8 million in 2023. This represents an attractive growth opportunity in the entire ecosystem of the market. Growing global construction industry, increasing consumption of adhesives globally, increasing use of water-based adhesives over solvent-based adhesives to reduce VOC emissions, replacement of mechanical fastening systems with adhesives, and the ability of adhesives to bond dissimilar materials are some of the key factors burgeoning the demand for the floor adhesives market.

Another factor which attracts adhesives usage is ease of installation of polymer-based adhesives compared to traditional mechanical fastening systems or cementitious powders. Adhesives also maintain aesthetics of the flooring and do not create or damage its impression. However, government regulations regarding workers safety, harmful VOC emissions and high-curing time of adhesives are some of the major challenges faced by the industry.

The global floor adhesives market is segmented based on the material type as Epoxy Adhesives, Polyurethane Adhesives, Acrylic Adhesives, Vinyl Adhesives, and Other Adhesives. Acrylic adhesive segment currently dominates the global floor adhesives market, driven by increasing usage of carpet and resilient flooring applications. Polyurethane (PU) adhesive is mainly preferred in wood flooring applications, owing to its excellent properties, such as long-lasting surface finish; superior chemical, solvent, and scratch resistance; fast drying; resistance to UV light damage, general wear-and-tear, and extreme temperature variations.

Based on the application type, the market is bifurcated into Tile & Stone, Carpet, Wood, Laminate, Resilient Flooring, and Others. Resilient flooring is likely to remain the most dominant application type in the global floor adhesives market over the next five years. Among resilient flooring applications, luxury vinyl tile (LVT) is gaining popularity, owing to its versatility and durability with endless designs using advanced photo technology. It can replicate the natural-looking wood, stone, marble, and various other finishes in terms of both design and fixture.

Based on the technology type, the global floor adhesives market is segmented as Water-based Adhesives, Solvent-based Adhesives, and Other Adhesives. Water-based technology currently dominates the floor adhesives market. The technology type is also likely to grow at the highest rate during the forecast period, as it has been the most preferred replacement of solvent-based adhesives, due to a host of factors, such as environmental safety, zero VOCs, and low odor.

Based on regions, Asia-Pacific is expected to remain the largest and fastest-growing floor adhesives market globally in the foreseeable future. Despite declining growth of the Chinese economy, the country is expected to remain growth engine of the region’s market over the next five years. India is likely to be the new growth engine in the region, supported by increasing government investments in the development of infrastructure and largescale construction activities across the country.

Supply chain of this market comprises raw material suppliers, floor adhesive manufacturers, dealers, distributors, and flooring installers. Some of the major floor adhesive suppliers include Ardex GmbH, Arkema Inc. (including Bostik), Bona AB, H.B. Fuller Company, Henkel AG & Co. KGaA, Mapei Corporation, Pidilite Industries Limited, Roberts Consolidated, Sika AG, and W.F. Taylor Co., Inc. Development of innovative products, regional expansion, and building of vast distribution network to the unpenetrated markets are some of the major strategies adopted by the companies in order to quickly gain market share and to gain a competitive edge in the market.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors.

Click Here for Other Reports from Stratview Research in the Construction & Equipment: https://www.stratviewresearch.com/market/report/Construction-Equipment.html

About Stratview Research
Stratview Research is a global market intelligence and strategic research firm offering wide range of services including syndicated market reports, custom research, and procurement intelligence across industries such as Advanced Materials, Composites, Aerospace and Defense, Automotive and Transportation, Construction and Equipment, Energy and Utility, Consumer Goods, Marine, and Oil and Gas.

Crystal Tower, Raipur

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Floor Adhesives Market worth US$ 6,947.8 million in 2023 here

News-ID: 1428126 • Views: 105

More Releases from Stratview Research

Floor Adhesives Market Size to Grow at a CAGR of 5.1% by 2023
Floor Adhesives Market is expected to grow at a CAGR of 5.1% during 2018-2023, according to a newly added report by Stratview Research. This represents an attractive growth opportunity in the entire ecosystem of the market. Growing global construction industry, increasing consumption of adhesives globally, increasing use of water-based adhesives over solvent-based adhesives to reduce VOC emissions, replacement of mechanical fastening systems with adhesives, and the ability of adhesives to
Harmonic Filter Market Size to Grow at a CAGR of 6.4% by 2023
Harmonic Filter Market is expected to grow at a CAGR of 6.4% during 2018-2023, according to a newly added report by Stratview Research. Increasing use of power electronics that basically operates through electronic switching, increasing levels of harmonic distortions of voltage and current waveforms in power systems, increasing usage of variable frequency drives (VFDs), rising demand from the data centers and IT industries, increasing number of metal arc furnaces worldwide,
Sprayed-in-Place Pipe (SIPP) Market Size to Grow at a CAGR of 4.4% by 2024
Sprayed-in-Place Pipe (SIPP) Market is expected to grow at a CAGR of 4.4% during 2019-2024, according to a newly added report by Stratview Research. The SIPP market is mainly driven by the spending of government and municipal corporations towards infrastructure rehabilitation. Most of the water main pipes, wastewater pipes, and storm pipes in the major countries, such as the USA, Germany, and Canada, have reached or almost reaching their retirement
Trenchless Pipe Rehabilitation Market Size to Grow at an impressive CAGR by 2025
The trenchless pipe rehabilitation market is projected to grow at an impressive rate over the next five years to reach an estimated value of US$ 6.4 billion in 2025., according to a newly added report by Stratview Research. The market is mainly driven by the increase in spending of government and municipal corporations of various countries towards infrastructure rehabilitation. Furthermore, increasing awareness towards trenchless (no-dig) technologies in many nations, especially

All 5 Releases


More Releases for Adhesives

Global Laminating Adhesives Market
Global Laminating Adhesives Market – Analysis and Forecast 2018-2026 by Technology, Resin, End Use, and Region. Global laminating adhesives market is projected to grow from US$ 2.5 Bn in 2018 to US$ 4.9 Bn by 2026, at a CAGR of 8.78 % during the forecast. The increasing demand of low volatile organic compound and environmentally sustainable adhesives are a major driving factor of the global laminating adhesive market. Major end-user market of
Pressure Sensitive Adhesives Market
Pressure sensitive adhesives (PSAs) provide adhesion to dissimilar materials on application of pressure. They do not require heat, water or solvent to initiate bonding and fall into the category of dry adhesives. They can be used to affix materials such as plastics, wood, paper, metals and glass.  The advantages of using pressure sensitive adhesives are tackiness at room temperature, simple installation equipment, short curing times, peel resistance and shear resistance.
Light Cure Adhesive Market 2017 by Types Acrylic Adhesives Epoxy Adhesives and S …
A new and latest research report proposed by QYResearch Groups renders a market summary of the Light Cure Adhesive Market industry. This widespread analysis comprises of market potentials and challenges, scope of product, sales volume, market revenue, estimates and rate of growth. The report also digs into all the major market players across the globe. Global Light Cure Adhesive Market Competition by Top Manufacturers - 3M, LOCTITE (HENKEL), Dymax, DELO Industrial
Global Specialty Adhesives Market
The global specialty adhesives market was valued at USD XX million in 2016 and is projected to register an estimated CAGR of XX%, during 2017-2022 (the forecast period). The demand for specialty adhesives is driven by the growth in demand for specialty adhesives from automotive and medical sectors. Specialty adhesives used as bonds across various industries having their main uses in the automotive sector, hospitals, and construction activities. However, factors such
Global Solvent Borne Adhesives Market 2017 : Royal Adhesives & Sealants, DELO In …
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering - 3M - Dow Chemicals - Henkel AG & Co. - Sika AG - H.B. Fuller - Jowat AG - Arkema Group - Ashland - Royal Adhesives & Sealants - DELO Industrial Adhesives - Franklin International The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Solvent
Global Wood Adhesives and Binders Market - Adhesive Research, Royal Adhesives, A …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Wood Adhesives and Binders market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are