US Tile Adhesive Market has been growing tremendously at CAGR of 8.69% to reach USD 590.02 million by the end of 2023

Market Highlights:
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said “U.S. Tile Adhesive Market is estimated to be valued at USD 323.15 million in 2016 and expected to grow at CAGR of 9.08% during the forecast period from 2017-2023.”

Regional Analysis:
The Tile Adhesive Market for U.S. is expected to reach USD 590.02 million by 2023 from USD 323.15 million in 2016, expanding at CAGR of 9.08 % from 2017-2023. The growth market is attributed to remodeling activities, as homeowners seek to replace old, obsolete style floors with modern, aesthetically pleasing tile styles. Home owners in this region are undertaking an extensive reconstruction of their house to give it an aesthetic look and attractive interior, which is driving the demand of tile adhesive in the U.S during the forecast period. In addition to this, the major player are earmarking significant chunk of their revenue for R&D in tile adhesives. They are inventing a new range of products that provides better adhesion and prolonged bonding ability. Major players in this market are, Bostik, Custom Building Products, H.B fuller, and Saint-Gobain Weber, among the other. Arkema has recently opened its new Bostik production facility in Dallas, Texas, which would add into the production capacity in the U.S. tile adhesive market

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Key Players
The key players in the U.S. tile adhesive market Bostik , Custom Building Products , H.B. Fuller , PAREX Group SA , Sika AG , ARDEX Group , Terraco , Pidilite Industries Ltd , Mapei S.p.A , Henkel AG & Co. KGaA , and Saint-Gobain Weber among others.

Segment analysis:
U.S. tile adhesive market is segmented on the basis of type and end users. On the basis of type, the market is divided into cementitious adhesive, dispersion adhesive and reactive resin adhesive. Cementitious adhesive is holding major share in terms of overall demand of tile adhesive in this market. The major applications of cementitious adhesive in U.S. is as a wall tile adhesive and ceramic floor adhesives. Both water resistant cements and polymer modified cements are suitable for internal and external uses, which is favouring the demand of cementitious tile adhesive in the U.S. tile adhesive market. It has been the cementitious tile adhesive is estimated to grow at highest CAGR to reach USD 361.79 million by the end of 2023. Dispersion adhesive is another important type of tile adhesive used in the region. Its application can be found in interior tile bonding such as wall and floor tile adhesive. It exhibits better adhesion of ceramic tile with an increased pigment/binder ratio and to help achieve an increased water resistance. Dispersion adhesives account for nearly 25% share of the overall demand of tile adhesive in this market. Reactive resin adhesive holds the least share of demand among the three tile adhesive types due to its major use in assembly of furniture, signboard, and other building members as compared to adhesion of tiles.

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Table of Content

1 Report Prologue
2 Scope Of The Report
2.1 Market Definition 9
2.2 Scope Of The Study 9
2.2.1 Research Objectives 9
2.2.2 Assumptions 10
2.2.3 Limitations 10
2.3 Market Structure 10

3 Research Methodology
3.1 Research Process 11
3.2 Primary Research 12
3.3 Secondary Research 12
3.4 Market Size Estimation 12
3.5 Forecast Model 14

4 Market Dynamics
4.1 Introduction 15
4.2 Drivers 16
4.2.1 Increasing Residential Construction Activity 16
4.2.2 Boom In Non-Residential Construction Activity 17
4.2.3 Growing Consumption Of Ceramic Tiles 18
4.3 Restraints 20
4.3.1 Low Profit Margin 20
4.4 Opportunities & Trends 20
4.4.1 Innovative Low VOC Adhesive 20
Continue………

Key questions answered in this report
• What will the market size be in 2023 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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About US
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