Floor Adhesive Market Size, Share, Global Industry Overview, Trends, Forecast - PowerPoint PPT Presentation

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Floor Adhesive Market Size, Share, Global Industry Overview, Trends, Forecast

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The floor adhesive market has a diversified and well-established ecosystem of upstream players such as raw material suppliers and downstream stakeholders, such as manufacturers, vendors, and end users. Mapei S.p.A. (Italy), Sika AG (Switzerland), Henkel AG (Germany), The Dow Chemical Company (U.S.) & so on... – PowerPoint PPT presentation

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Title: Floor Adhesive Market Size, Share, Global Industry Overview, Trends, Forecast


1
  • Floor Adhesive Market Insights 2022 by Key
    Product, Top Manufactures Analysis, Size, Share,
    Industry Growth, Demand, Trends, and Forecast
  • Floor Adhesive Market Scope
  • The floor adhesive market refers to the market
    for products used to adhere flooring materials to
    a substrate, such as concrete or wood. These
    products are used in a variety of applications,
    including residential, commercial, and
    industrial construction. The floor adhesives
    market is expected to grow in the coming years
    due to increasing demand for new construction and
    renovation projects, as well as the growing
    popularity of laminate and luxury vinyl tile
    (LVT) flooring, which require adhesives for
    installation. Key players in the floor adhesive
    market include 3M, Bostik, and Henkel, among
    others. The floor adhesive market is projected
    to grow from USD 8.54 Billion in 2017 to USD
    11.01 Billion by 2022, at a CAGR of 5.2 from
    2017 to 2022. The research report of Floor
    Adhesive Market provides the analysis by Type
    (Epoxy, Urethane, Acrylic, and Vinyl),
    Application (Tile Stone, Carpet, Wood, and
    Laminate), Technology (Water-based, Solvent-based
    and Hot-melt based), and Region.
  • Floor Adhesive Market Drivers
  • There are several factors that can drive demand
    for floor adhesives
  • Construction and remodeling activity As more
    buildings are constructed or renovated, there is
    increased demand for floor adhesives to install
    new floors or repair existing ones.
  • Growth in the housing market An increase in the
    number of new homes being built or existing
    homes being renovated can also drive demand for
    floor adhesives.
  • Changes in consumer preferences There may be
    shifts in consumer preferences towards certain
    types of flooring materials, such as those that
    are more durable or require less maintenance,
    which can affect the demand for specific types of
    floor adhesives.
  • Technological advancements The development of
    new floor adhesive products or application
    methods can also drive demand for floor
    adhesives.
  • Environmental concerns There may be increased
    demand for floor adhesives that are more
    environmentally friendly or have a lower impact
    on indoor air quality.
  • Get Sample Copy of this
  • Report https//www.marketsandmarkets.com/requests
    ampleNew.asp?id37475603
  • Floor Adhesive Market Restraints

2
5. Health and environmental concerns Some floor
adhesives may contain volatile organic compounds
(VOCs) or other potentially hazardous substances,
which may be a concern for some consumers.
Additionally, the production and disposal of
floor adhesives can have negative environmental
impacts.
  • Floor Adhesive Market Segmentation
  • The Floor Adhesive Market can be segmented by
    type, application, technology, end-use, and
    region.
  • by Type
  • Epoxy
  • urethane
  • Acrylic
  • Vinyl
  • Others
  • Based on type, the epoxy resin segment is
    expected to be the largest segment of the market
    during the forecast period.
  • Epoxy adhesives consist of an epoxy resin and
    hardener. These adhesives are available in
    one-part, two- part, and film form. Epoxy
    adhesives form an extremely strong and durable
    bond with most materials.
  • The major reason for the increasing adoption of
    epoxy adhesives in the flooring industry is their
    capacity to provide a good balance of handling
    characteristics and superior physical properties.

3
  • by Application
  • Tile Stone
  • Carpet
  • Wood
  • Laminate
  • Others
  • Based on application, the tile stone segment is
    projected to witness the highest growth during
    the forecast period.
  • Floor adhesive are extensively used to fix and
    joint tiles, marbles, and stones, among other
    materials. These adhesives provide high strength
    and durability and help prevent shrinkage cracks
    and slippages in a material.
  • by Technology
  • Water-Based Adhesive
  • Solvent-Based Adhesive
  • Hot-Melt Based Adhesive
  • Based on technology, the water-based adhesives
    segment is projected to be the largest segment
    of the market during the forecast period.

4
  • Floor Adhesive Market Key Players
  • Mapei S.p.A. (Italy)
  • Sika AG (Switzerland)
  • Henkel AG (Germany)
  • The Dow Chemical Company (U.S.)
  • Wacker Chemie AG (Germany)
  • Bostik SA (France)
  • Forbo Holdings AG (Switzerland)
  • Pidilite Industries Limited (India)
  • H.B. Fuller (U.S.)
  • LATICRETE International, Inc (U.S.)
  • Reasons for Buying this Report
  • This report provides pin-point analysis for
    changing competitive dynamics
  • It provides a forward-looking perspective on
    different factors driving or restraining market
    growth
  • It provides a six-year forecast assessed based on
    how the market is predicted to grow
  • It helps in understanding the key product
    segments and their future
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