Tile Adhesives & Stone Adhesives Industry Expected to Reach $8.54 Billion by 2029 at 11.6% CAGR

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Tile Adhesives & Stone Adhesives Market Value Projection: How Much Will the Market Size by 2025?
The size of the market for tile adhesives and stone adhesives has seen robust growth in the past few years. It is projected to expand from a valuation of $5.02 billion in 2024 to $5.51 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 9.8%. This growth during the previous period can be linked to factors such as the development of construction and infrastructure, urbanization and real estate expansion, industrial and commercial flooring initiatives, consumer inclination towards long-lasting flooring, and trends in interior and exterior design.

What Will Be the Market Growth Forecat for Tile Adhesives & Stone Adhesives in 2029?
In the coming years, the market for tile adhesives & stone adhesives is predicted to experience swift expansion. It is forecasted to reach $8.54 billion by 2029, growing at a compound annual rate of 11.6%. The growth anticipated in the forecast period could be tied to elements such as sustainable and environmentally friendly construction methods, outdoor and landscape design, digital marketing and e-commerce strategies, industrial flooring solutions, and infrastructure rehabilitation. Key trends anticipated during this period encompass environmentally-friendly, low-voc adhesives, rapid-curing adhesives, digital tools that aid in product selection, large-format tiles and slabs, and durable flooring solutions.

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What Are the Core Competitive Drivers in the Tile Adhesives & Stone Adhesives Industry?
The growth in the tile adhesives and stone adhesives markets is anticipated to be driven by a surge in foreign direct investments (FDI) in the construction sector and a growth in urbanization. Tile and stone adhesives are used to secure tiles, particularly in areas with high moisture, and other stones in the interior and exterior of buildings. For example, as per the Federal government of Mexico, a US-based government website, the construction sector received $659 million in FDI from January to December 2023, split into reinvestments of earnings ($470 million), inter-company debts ($188 million), and equity capital ($655 thousand). Moreover, in April 2022, the World Economic Forum, a Switzerland-based independent international entity, reported that over 4.3 billion people, or 55% of the global population, resided in urban areas. This number is expected to surge to 80% by 2050. As urban populations grow, so does the construction of buildings. Therefore, a surge in FDI in the construction industry and increased urbanization are propelling the tile adhesives and stone adhesives market forward.

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Which Tile Adhesives & Stone Adhesives Market Segment Is Projected to See the Fastest Growth?
The tile adhesives & stone adhesives market covered in this report is segmented -

1) By Chemistry: Cementitious, Epoxy, Other Chemistry
2) By Construction Type: New Construction, Repairs And Renovation
3) By Application: Ceramic Tiles, Marble Tiles, Mosaic And Glass
4) By End Use: Residential, Commercial, Institutional

Subsegments:
1) By Cementitious: Thin-Set Mortar, Medium-Bed Mortar, Thick-Bed Mortar
2) By Modified Cementitious Adhesives: Epoxy, 100% Solid Epoxy Adhesives, Epoxy Modified Cementitious Adhesives, Flexible Epoxy Adhesives
3) By Other Chemistry: Polyurethane Adhesives, Acrylic Adhesives, Hybrid Adhesives

Which Trends Are Opening New Opportunities in the Tile Adhesives & Stone Adhesives Market?
The emergence of new technologies in the sector of tile adhesives and stone adhesives is catching on as a significant trend. Dominant players in these markets are on the forefront, introducing innovative technologies. An example is a multipurpose cementitious tile adhesive used with ceramic tiles. Sika, a chemical company based in Switzerland, has, to this effect, released the SikaCeram-50 BH in July 2024. This one-pack premixed adhesive is a mixture of high-resistant cement, selected silicon/quartz mineral charges, and special additives. It finds use as a thin bed tile adhesive for the permanent installation of ceramic tiles and only needs water to be ready for use. Owing to its suitability for both floors and walls, it provides versatility and convenience for a variety of construction and renovation tasks.

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Who Are the Leaders in the Tile Adhesives & Stone Adhesives Market?
Major companies operating in the tile adhesives & stone adhesives market include ARDEX GmbH, Sika AG, Saint-Gobain, Pidilite Industries Limited, H B Fuller, Laticrete International, Bostik, Fosroc, Parex Group, Cemex, Custom Building Products, Pidilite Industries, Litokol, Ceresit, Knauf, Lanko, Dunlop, Wacker Chemie AG, Sakrete, Norcros, ABC, VitrA, Perlcon

Which Regional Tile Adhesives & Stone Adhesives Markets Offer the Greatest Growth Potential?
North America was the largest region in the tile adhesives and stone adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tile adhesives & stone adhesives market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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