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Flooring Adhesive Market Analysis, Trends, Growth, Research And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the flooring adhesive market report by The Business Research Company, the increase in infrastructural development in emerging countries has contributed significantly to the growth of the flooring adhesives market. With an increase in the global population, there has been an increased demand for housing, which in turn increased the demand for flooring adhesives for various applications such as floor fixing, roof fixing, and fixing panels.
The global flooring adhesive market size grew from $7.32 billion in 2022 to $7.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The flooring adhesive market size is expected to grow to $10.41 billion in 2027 at a CAGR of 7.5%.
Read More On The Flooring Adhesive Market Report Here:
https://www.thebusinessresearchcompany.com/report/flooring-adhesive-global-market-report
Major competitors in the flooring adhesive market include Mapei S.p.A., Sika AG, Henkel AG, The Dow Chemical Company, Wacker Chemie AG, Bostik SA, Forbo Holdings AG, Pidilite Industries Limited, H.B. Fuller, LATICRETE International Inc., Pidilite Industries, Dupont De Nemours Inc., Parker-Hannifin Corp, Arkema Group, tesa SE-A Beiersdorf Company, 3M, Illinois Tool Works Inc., Bostik India Pvt. Ltd., and Ardex, Franklin.
The flooring adhesive market is segmented -
• By Type: Urethane, Epoxy, Acrylic, Vinyl, Other Types
• By Application: Tile & Stone, Carpet, Wood, Laminate, Other Applications
• By Technology: Water-Based Adhesive, Solvent-Based Adhesive, Hot-Melt Based Adhesive
• By End User: Residential, Commercial, Industrial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the flooring adhesive market.
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Flooring adhesive refers to a strong, long-lasting glue that is used to hold the flooring components to the subfloor or underlayment. The adhesive must hold the floor tiles in place and connect them to the underlying floor. It is a sticky substance used to secure the floor.
The Table Of Content For The Flooring Adhesive Market Include:
1. Executive Summary
2. Flooring Adhesive Market Characteristics
3. Flooring Adhesive Market Trends And Strategies
4. Flooring Adhesive Market - Macro Economic Scenario
5. Flooring Adhesive Market Size And Growth
……
26. Africa Flooring Adhesive Market
27. Flooring Adhesive Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flooring Adhesive Market
29. Flooring Adhesive Market Future Outlook and Potential Analysis
30. Appendix
The "Global Flooring Adhesive Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion
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