Press release
Ceramic Tile Adhesive Market Trends, Growth, Status, Scope, Regions, Types And Key Developments, Applications By 2025
Government schemes and policies supporting home purchase of first-time buyers and increase in the growth of the construction industry are prophesied to augment the demand in the global ceramic tile adhesive market. Ceramic tile adhesive finds application in the installation of backsplashes and countertops and as a workability and lubricity enhancer and coating polymer. Development of civil infrastructure in developed as well as emerging countries is predicted to increase the growth potential of the global market. Increase in building, renovation, and reconstruction activities could push the demand for ceramic tile adhesive. High demand for decorative ceilings and walls could be another powerful factor creating growth opportunities in the global market.QYR Consulting forecasts the global ceramic tile adhesive market to expand at a moderate CAGR of 4.9% during the forecast period 2019-2025. By the end of 2025, the size of the global market is projected to increase to an estimated US$19.0 Bn, improving from an approximately US$13.6 Bn reached in 2018. The report offers deep insights into critical aspects of the global market, including competition, dynamics, and segmentation.
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Market Segments
On the basis of product type, the global ceramic tile adhesive market is segmented into reaction resin adhesive, dispersion adhesive, and cementitious adhesive. By application, the global market is segmented into wood floor pasting, polyethylene floor pasting, tiled floor pasting, stone floor pasting, and others.
Key Players
The global ceramic tile adhesive market witnesses the presence of leading players such as ParexDavco, Kaben, Bostik, Doborn, Mapei, Vibon, Henkel, EasyPlas, Sika, BASF, Yuchuan, Weber, Dunshi, Langood, Oriental Yuhong, Ronacrete, TAMMY, Laticrete, and ABC.
Market Dynamics
Increase in the number of residential projects and overall expansion of the construction industry are key factors expected to help propel the growth of the global ceramic tile adhesive market. Rising use of ceramic tiles in residential construction due to their attractive visual appeal and designs, moisture and abrasion resistance, and other benefits is anticipated to strengthen the demand in the global market. Increasing relocation of people to urban areas, improvement in living standards, and rising foreign direct investment in construction projects could be other important factors creating lucrative opportunities for ceramic tile adhesive manufacturers.
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QYR Consulting
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Los Angeles, CA – 91748
USA: +1 626 428 8800
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Japan: +81 9038 009 273
India: +91 9766 478 224
Emails – sales@qyrconsulting.com
Web – https://www.qyrconsulting.com
About Us:
QYR Consulting established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
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