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Tile and Stone Adhesives Market Size Growth Rate by Application 2021 Analysis, Share, Manufacturers, Growth Factor and Forecast to 2027 - 3M, Henkel, Huntsman, Ashland, DuPont
The Tile and Stone Adhesives Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Tile and Stone Adhesives Market Size is Projected to Reach at a CAGR of 10% during 2021-2027.
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Market Overview:
The tile & stone adhesive market is expected to expand at a relatively high rate due to the growth in construction and manufacturing sectors in developing regions such as the Asia Pacific. Demand for tile & stone adhesive is anticipated to increase in the next few years, led by the rise in repairs & rehabilitation activities in the construction industry and new construction of buildings. Many newly developed products give better performance and results. However, lower profit margins due to the usage of low-cost chemicals to reduce the overall construction cost are expected to restrain the market. Furthermore, high value and performance products have hampered the demand for tile and stone adhesives; these are used merely in premium construction projects. Price sensitive environment, low entry barriers for new entrants, and low awareness about good quality construction materials are estimated to adversely affect the tile & stone adhesive market in the near future.
Top Leading Companies:
3M, Henkel, Huntsman, Ashland, DuPont, H.B. Fuller, Uniseal, Royal Adhesive, Illinois Tool Works, Ardex, Terraco, Sika, Saint-Gobain Weber, Mapei, Fosroc, Pidilite Industries, Laticrete International, Bostik, Jiangsu NIGAO Science & Technology, Akemi
Recent Development:
3M has acquired 80 companies, including 5 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 19 assets. 3M’s largest acquisition to date was in 2019 when it acquired Acelity for $6.7B. Its largest disclosed sale occurred in 2019 when it sold Kindeva Drug Delivery to Altaris Capital Partners for $650M. 3M has been acquired in 22 different US states, and 17 countries. The Company’s most targeted sectors include manufacturing (25%) and medical products (18%).
DuPont has acquired 17 companies, including 6 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 18 assets. DuPont’s largest acquisition to date was in 1999 when it acquired Pioneer Hi-Bred International for $7.7B. Its largest disclosed sale occurred in 2001 when it sold Dupont Pharmaceuticals Company to Bristol-Myers Squibb for $7.8B. DuPont has acquired in 10 different US states, and 4 countries. The Company’s most targeted sectors include chemicals (24%) and food (18%).
Tile and Stone Adhesives Market Segmentation by Type:
Powder
Pasty
Other
Tile and Stone Adhesives Market Segmentation by Application:
Residence
Commercial Construction
Infrastructure
Other
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Asia-Pacific region dominates the global tile & stone adhesive market
The Asia-Pacific region dominates the global tile & stone adhesive market. The rising demand for tile & stone adhesives in this region is mainly driven by its huge demand in the building & construction infrastructure. Moreover, the increasing repair and maintenance spending in the leading Asia-Pacific countries, such as Japan, Australia, and China, is driving the demand for tile & stone adhesives. The demand for tile & stone adhesives in North America and Europe is comparatively lower than that in Asia-Pacific and the Middle East & Africa due to the economic slowdown in these regions.
Regional Tile and Stone Adhesives Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Tile and Stone Adhesives Market Report:
Detailed overview of Tile and Stone Adhesives Market
Changing the Tile and Stone Adhesives market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Tile and Stone Adhesives market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Tile and Stone Adhesives Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Tile and Stone Adhesives Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Tile and Stone Adhesives industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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