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Floor Adhesive Market to Reach USD 16.78 Billion by 2030, Growing at a CAGR of 5.3 Percentage

12-19-2024 08:19 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Floor Adhesive Market

Floor Adhesive Market

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ is expected to grow at a CAGR of 5.3% during the forecast period and is expected to reach US$ 16.78 Bn by 2030

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The floor adhesive market is witnessing steady growth due to increasing construction activities and a rising demand for durable and aesthetically pleasing flooring solutions. These adhesives are essential in various flooring applications, including tiles, carpets, and wood, providing strong bonding, flexibility, and resistance to wear and tear. With advancements in adhesive formulations, the market is catering to a wide range of residential, commercial, and industrial applications globally.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/2658/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

Key drivers in the floor adhesive market include rapid urbanization and the growing construction industry, particularly in emerging economies. Rising consumer preference for eco-friendly and low-volatile organic compound (VOC) adhesives has spurred innovation in the sector. Additionally, the increasing popularity of luxury vinyl tiles (LVTs) and other modern flooring options has significantly boosted the demand for specialized adhesive solutions.

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Notable trends in the floor adhesive market include the development of advanced adhesives with enhanced properties such as fast curing times, increased flexibility, and improved resistance to moisture and temperature changes. Manufacturers are focusing on sustainable solutions by introducing bio-based and solvent-free adhesives to align with environmental regulations. Moreover, the adoption of digital tools and automated systems in flooring installations is driving the demand for high-performance adhesive products.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/2658/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's construction sector is experiencing rapid growth, leading to increased demand for floor adhesives. The government's infrastructure development initiatives are further propelling market expansion. Notably, there have been no significant mergers or acquisitions in this sector within Vietnam recently.

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's emphasis on tourism and hospitality infrastructure has resulted in a surge in construction activities, boosting the floor adhesive market. While the market is expanding, there have been no notable mergers or acquisitions in Thailand's floor adhesive industry in the recent past.

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's advanced construction technologies and focus on sustainable building practices are influencing the floor adhesive market. The demand for eco-friendly and high-performance adhesives is on the rise. Currently, there are no significant mergers or acquisitions to report in Japan's floor adhesive sector.

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's construction industry is adopting innovative building solutions, increasing the utilization of specialized floor adhesives. Despite this growth, there have been no major mergers or acquisitions in the South Korean floor adhesive market recently.

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's urban development and smart city initiatives are driving the demand for advanced flooring solutions, including adhesives. The market is characterized by a preference for sustainable and efficient products. There have been no notable mergers or acquisitions in Singapore's floor adhesive industry in the recent past.

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The U.S. floor adhesive market is expanding, supported by residential and commercial construction activities. The trend towards sustainable building materials is influencing product development. Recently, H.B. Fuller acquired Royal Adhesives & Sealants, enhancing its product portfolio and market reach.

๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's focus on green building standards and energy-efficient construction is driving the demand for eco-friendly floor adhesives. The market is witnessing a shift towards low-VOC and sustainable products. Arkema, a key player in the region, acquired Bostik, strengthening its position in the adhesives market.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/2658/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Type

Epoxy
Acrylic
Polyurethane
Vinyl
Others

by Technology

Water-Based Adhesive
Solvent-Based Adhesive
Hot-Melt Based Adhesive

by Application

Tile & Stone
Wood
Carpet
Laminate
Others

by End-User

Residential
Commercial
Industrial

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐…๐ฅ๐จ๐จ๐ซ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Mapei S.p.A.
2. Henkel AG
3. Sika AG
4. The Dow Chemical Company
5. Bostik SA
6. Wacker Chemie AG
7. Forbo Holdings AG
8. Ardex Group
9. Pidilite Industries Limited
10. H.B. Fuller
11. Laticrete International, Inc.
12. 3M
13. Illinois Tool Works Inc.
14. TecDura Surface Protection Systems
15. Du Pont

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/floor-adhesive-market/2658/

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆConsumer Packaging Market https://www.maximizemarketresearch.com/market-report/global-consumer-packaging-market/26857/

โ™ฆGlobal CloudBased Language Learning Market https://www.maximizemarketresearch.com/market-report/global-cloud-based-language-learning-market/55451/

โ™ฆGlobal Strategy Management Software Market https://www.maximizemarketresearch.com/market-report/global-strategy-management-software-market/39763/

โ™ฆPergola Kits market https://www.maximizemarketresearch.com/market-report/pergola-kits-market/218934/

โ™ฆCorporate Performance Management Market https://www.maximizemarketresearch.com/market-report/global-corporate-performance-management-market/111316/

โ™ฆGlobal Wraparound Case Packers Market https://www.maximizemarketresearch.com/market-report/global-wraparound-case-packers-market/106022/

โ™ฆNuts Market https://www.maximizemarketresearch.com/market-report/nuts-market/187767/

MAXIMIZE MARKET RESEARCH PVT. LTD.

โฎ 3rd Floor, Navale IT park Phase 2,

Pune Banglore Highway, Narhe

Pune, Maharashtra 411041, India.

โœ† +91 9607365656

๐Ÿ–‚ sales@maximizemarketresearch.com

๐ŸŒ www.maximizemarketresearch.com

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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