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Flooring Adhesive Market Report 2024-2033 | Size, Share, Trends, Demand, overview
Flooring Adhesive Market
The Business Research Company presents an extensive market research report on the ""Flooring Adhesive Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Flooring Adhesive industry. This report on Flooring Adhesive market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The flooring adhesive market size has grown strongly in recent years. It will grow from $7.92 billion in 2023 to $8.59 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to growth in the construction industry, renovation and remodeling, health and wellness considerations, environmental regulations, economic stability. The flooring adhesive market size is expected to see strong growth in the next few years. It will grow to $11.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%.
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Key Market Players:
Mapei S.p.A., Sika AG, Henkel AG & Co. KGaA, Dow Inc., Wacker Chemie AG, Bostik SA, Forbo Holding AG, Pidilite Industries Limited, H.B. Fuller
Market Drivers:
According to the Flooring Adhesive Market Report 2024 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. Flooring adhesive can also be mixed into the cement for better adhesion. The governments of emerging countries such as Brazil and India have been investing in residential construction in order to provide affordable housing for all. According to the World Bank, in South Asia, the urban population is expected to grow by 250 million by 2030.
More information about the Global Flooring Adhesive Market Report -
https://www.thebusinessresearchcompany.com/report/flooring-adhesive-global-market-report
Market segments for Flooring Adhesive include:
1) By Type: Urethane, Epoxy, Acrylic, Vinyl, Other Types
2) By Technology: Water-Based Adhesive, Solvent-Based Adhesive, Hot-Melt Based Adhesive
3) By Application: Tile & Stone, Carpet, Wood, Laminate, Other Applications
4) By End User: Residential, Commercial, Industrial
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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