U.S. Tile Adhesive Market Size, Research & Analysis Pr - PowerPoint PPT Presentation

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U.S. Tile Adhesive Market Size, Research & Analysis Pr

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The U.S. tile adhesive market is estimated to garner a revenue of ~ USD 590 million by the end of 2033 by growing at a CAGR of ~9% over the forecast period, i.e., 2023 – 2033. – PowerPoint PPT presentation

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Title: U.S. Tile Adhesive Market Size, Research & Analysis Pr


1
U.S. Tile Adhesive Market Analysis to be
Propelled by Increase in Housing Units, and
Growth of Urbanization and Tourism Industry in
the United States (U.S.) by CAGR of 9 During
2023 2033 Kenneth Research published a report
titled U.S. Tile Adhesive Market Demand
Analysis Opportunity Outlook 2033 which
delivers detailed overview of the U.S. tile
adhesive market in terms of market segmentation
by type, and by application. Further, for the
in-depth analysis, the report encompasses the
industry growth indicators, restraints, supply
and demand risk, along with detailed discussion
on current and future market trends that are
associated with the growth of the market.
The U.S. tile adhesive market is expected to hold
a revenue of USD 590 million by 2033 growing
from a sufficient revenue in 2022. The market
growth can be attributed to the growing housing
units in the United States (U.S.), the rapid
growth of urbanization, growth in the number of
houses bought, developments in the tourism
industry, and increased disposable income.
2
For more description_at_https//www.kennethresearch.c
om/report-details/us-tile- adhesive-market/100429
29 The U.S. tile adhesive market is expected to
grow at a CAGR of approximately 9 from
2023-2033. The market is segmented by type into
the cementitious adhesive, dispersion adhesive,
and reactive resin adhesive. Of these, the
cementitious adhesive segment is anticipated to
hold the largest market share by the end of 2033,
owing to its suitability with different types of
tiles, increased durability, increase in the
number of housing units, and the considerable
growth in tile consumption in the
U.S. Significant Growth in The Number of Housing
Units to Boost the Market Growth It was
estimated that the number of housing units in the
U.S. saw a two million growth between 2020 and
2021. COVID-19 affected the various industries in
the U.S., just as in other parts of the world.
However, despite the economic decline, the
residents of the U.S. invested more in owning
houses. The steady growth in the number of houses
bought for own use rather than for renting out
resulted in people spending more on the interior
design and furnishing of homes. This, in turn,
is thought to have increased the consumption of
tile adhesives in the U.S. Rapid Urbanization in
the United States to boost the Market Growth More
than 3570 urban areas in the U.S. have been
recorded even as a part of the 2010 census.
Additionally, significant growth has been
observed in the number of urban populations in
the two decades, beginning from
2010. Urbanization increases the need for more
investment in infrastructure development and
construction projects. The increasing population
in urban areas needs to be accommodated
adequately, leading to the construction of more
high-rise buildings, skyscrapers, and even
individual housing units. This increased demand
for dwelling spaces, along with the popularity
of tiles as a flooring material, together create
a favorable situation for the growth of the U.S.
tile adhesive market.
3
However, alternatives of tile available in the
market and the decline in the real estate and
tourism industry all over the world as a
consequence of the pandemic are expected to
operate as key restraints to the growth of the
U.S. tile adhesive market over the forecast
period. This report also provides the existing
competitive scenario of some of the key players
of the U.S. tile adhesive market which includes
company profiling of ABB Ltd, Ariel Corporation,
Baker Hughes Company, Caterpillar, Compass Energy
Systems Ltd., Eni S.p.A., Flowserve Corporation,
General Electric Company, Kinder Morgan, Inc.,
Linde, Inc., and others. The profiling enfolds
key information of the companies which
encompasses business overview, products and
services, key financials and recent news and
developments. On the whole, the report depicts
detailed overview of the U.S. tile adhesive
market that will help industry consultants,
equipment manufacturers, existing players
searching for expansion opportunities, new
players searching possibilities and other
stakeholders to align their market centric
strategies according to the ongoing and expected
trends in the future. Request Report Sample_at_
https//www.kennethresearch.com/sample-request-
10042929 Kenneth Research is a leading service
provider for strategic market research and
consulting. We aim to provide unbiased,
unparalleled market insights and industry
analysis to help industries, conglomerates and
executives to take wise decisions for their
future marketing strategy, expansion and
investment etc. We believe every business can
expand to its new horizon, provided a right
guidance at a right time is available through
strategic minds. Our out of box thinking helps
our clients to take wise decision in order to
avoid future uncertainties. Contact for more
Info AJ Daniel Email sales_at_kennethresearch.com
U.S. Phone 1 313 462 0609
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