This Ceramic Tile Adhesive market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The ceramic tile adhesive market size has grown rapidly in recent years. It will grow from $19.0 billion in 2023 to $20.93 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth during the historical period can be linked to increasing disposable incomes and expanding economies, a rise in construction activities, heightened demand for high-performance ceramic tile adhesives, and an uptick in renovation and remodeling projects.
The ceramic tile adhesive market size is expected to see rapid growth in the next few years. It will grow to $31.11 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The anticipated growth during the forecast period can be attributed to the rising demand for high-performance ceramic tile adhesives, a shift towards epoxy-based ceramic adhesives, the growth of digitalization and e-commerce, and an increasing desire for aesthetic enhancements. Key trends expected in this period include technological innovations, advancements in technology, product development, partnerships and collaborations, and specialization for various applications.
The rise in construction activities is anticipated to drive the growth of the ceramic tile adhesive market in the coming years. Construction activities encompass the various processes involved in building, renovating, or modifying structures and infrastructure. This increase in construction can be attributed to several factors, including economic growth, infrastructure development, and population expansion. Ceramic tile adhesive plays a crucial role in these activities by ensuring durable, high-quality installations. It is used to securely bond tiles to surfaces, enhancing durability and preventing cracks. For example, in March 2024, the Australian Bureau of Statistics reported that there were 30,992 new private house dwellings, reflecting a 3.7% increase from December 2023 and a 14.6% rise from March 2023. Additionally, completions of other private new residential buildings rose to 14,844 dwellings, marking a 5.6% increase compared to December 2023. Therefore, the growing construction activities are contributing to the expansion of the ceramic tile adhesive market.
Key players in the ceramic tile adhesive market are concentrating on developing innovative products such as gel adhesives to enhance durability and flexibility, ensuring improved performance under various conditions. Gel adhesives are characterized by their thick, gel-like consistency, which offers excellent control during application and strong bonding capabilities. They are particularly useful for precise applications and feature a slower curing time that allows for better adjustments and placements of materials. For instance, in May 2022, Kerakoll, an India-based building materials manufacturer, introduced New H40 Gel Adhesives to replace Biogel Adhesives, providing enhanced adhesion and deformability. This new product aims to deliver a more robust and flexible bonding solution, thus improving the durability and performance of tile installations in challenging environments. H40 is a thixotropic tile adhesive with a gel-like consistency, ensuring outstanding performance across a variety of materials and substrates, making it a preferred option for both indoor and outdoor tiling applications. Available in grey or white, it comes in 20kg bags and is designed as a flexible, rapid-setting adhesive with strong adhesion and high deformability, eliminating concerns about slumping or slipping.
In December 2023, Arkema S.A., a France-based adhesive manufacturer, acquired Arc Building Products for an undisclosed amount. This acquisition aims to bolster Arkema's position in the growing construction adhesives market in Ireland by offering a wider range of solutions and establishing a local manufacturing presence. Arc Building Products specializes in construction materials, particularly tile adhesives, floor preparation systems, building chemicals, and sealing and bonding solutions.
Major companies operating in the ceramic tile adhesive market are BASF SE, Henkel AG & Co. KGaA, AkzoNobel N.V., Sika AG, H.B. Fuller Company, Bostik, Pidilite Industries, JK Cement Ltd., Fosroc International Limited., Laticrete International Inc., Sakrete, Building Adhesives Ltd., Tammy, Davco Construction Materials, ParexDavco, Cemix Products Ltd., Mapei S.p.A, Oriental Yuhong, Norcross Adhesives, Weber Building Solutions, Ardex Group, Terraco Group, Aston Global Inc.
Asia-Pacific was the largest region in the ceramic tile adhesive market in 2023. The regions covered in the ceramic tile adhesive market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the ceramic tile adhesive market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Ceramic tile adhesive is a specialized bonding agent designed to securely attach ceramic tiles to surfaces such as floors, walls, and countertops. This adhesive offers a strong hold, ensuring that tiles stay in place under various conditions. It is user-friendly, featuring a smooth consistency that facilitates even application. This adhesive is suitable for both indoor and outdoor tile installations.
The primary types of ceramic tile adhesives include epoxy, acrylic, silicone, cyanoacrylate, and others. Epoxy adhesives are known for their high performance, boasting excellent strength, durability, and resistance to chemicals and heat. Applications for these adhesives range from attaching wood floors and tiled floors to polyethylene and stone surfaces, serving a variety of end-users in residential, commercial, and industrial settings.
The ceramic tile adhesive market research report is one of a series of new reports that provides ceramic tile adhesive market statistics, including ceramic tile adhesive industry global market size, regional shares, competitors with a ceramic tile adhesive market share, detailed ceramic tile adhesive market segments, market trends and opportunities, and any further data you may need to thrive in the ceramic tile adhesive industry. This ceramic tile adhesive market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The ceramic tile adhesive market consists of sales of cement-based adhesives, ready-mixed paste adhesives, polymer-modified adhesives, latex-based adhesives, and furan resin adhesives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The ceramic tile adhesive market size has grown rapidly in recent years. It will grow from $19.0 billion in 2023 to $20.93 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth during the historical period can be linked to increasing disposable incomes and expanding economies, a rise in construction activities, heightened demand for high-performance ceramic tile adhesives, and an uptick in renovation and remodeling projects.
The ceramic tile adhesive market size is expected to see rapid growth in the next few years. It will grow to $31.11 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The anticipated growth during the forecast period can be attributed to the rising demand for high-performance ceramic tile adhesives, a shift towards epoxy-based ceramic adhesives, the growth of digitalization and e-commerce, and an increasing desire for aesthetic enhancements. Key trends expected in this period include technological innovations, advancements in technology, product development, partnerships and collaborations, and specialization for various applications.
The rise in construction activities is anticipated to drive the growth of the ceramic tile adhesive market in the coming years. Construction activities encompass the various processes involved in building, renovating, or modifying structures and infrastructure. This increase in construction can be attributed to several factors, including economic growth, infrastructure development, and population expansion. Ceramic tile adhesive plays a crucial role in these activities by ensuring durable, high-quality installations. It is used to securely bond tiles to surfaces, enhancing durability and preventing cracks. For example, in March 2024, the Australian Bureau of Statistics reported that there were 30,992 new private house dwellings, reflecting a 3.7% increase from December 2023 and a 14.6% rise from March 2023. Additionally, completions of other private new residential buildings rose to 14,844 dwellings, marking a 5.6% increase compared to December 2023. Therefore, the growing construction activities are contributing to the expansion of the ceramic tile adhesive market.
Key players in the ceramic tile adhesive market are concentrating on developing innovative products such as gel adhesives to enhance durability and flexibility, ensuring improved performance under various conditions. Gel adhesives are characterized by their thick, gel-like consistency, which offers excellent control during application and strong bonding capabilities. They are particularly useful for precise applications and feature a slower curing time that allows for better adjustments and placements of materials. For instance, in May 2022, Kerakoll, an India-based building materials manufacturer, introduced New H40 Gel Adhesives to replace Biogel Adhesives, providing enhanced adhesion and deformability. This new product aims to deliver a more robust and flexible bonding solution, thus improving the durability and performance of tile installations in challenging environments. H40 is a thixotropic tile adhesive with a gel-like consistency, ensuring outstanding performance across a variety of materials and substrates, making it a preferred option for both indoor and outdoor tiling applications. Available in grey or white, it comes in 20kg bags and is designed as a flexible, rapid-setting adhesive with strong adhesion and high deformability, eliminating concerns about slumping or slipping.
In December 2023, Arkema S.A., a France-based adhesive manufacturer, acquired Arc Building Products for an undisclosed amount. This acquisition aims to bolster Arkema's position in the growing construction adhesives market in Ireland by offering a wider range of solutions and establishing a local manufacturing presence. Arc Building Products specializes in construction materials, particularly tile adhesives, floor preparation systems, building chemicals, and sealing and bonding solutions.
Major companies operating in the ceramic tile adhesive market are BASF SE, Henkel AG & Co. KGaA, AkzoNobel N.V., Sika AG, H.B. Fuller Company, Bostik, Pidilite Industries, JK Cement Ltd., Fosroc International Limited., Laticrete International Inc., Sakrete, Building Adhesives Ltd., Tammy, Davco Construction Materials, ParexDavco, Cemix Products Ltd., Mapei S.p.A, Oriental Yuhong, Norcross Adhesives, Weber Building Solutions, Ardex Group, Terraco Group, Aston Global Inc.
Asia-Pacific was the largest region in the ceramic tile adhesive market in 2023. The regions covered in the ceramic tile adhesive market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the ceramic tile adhesive market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Ceramic tile adhesive is a specialized bonding agent designed to securely attach ceramic tiles to surfaces such as floors, walls, and countertops. This adhesive offers a strong hold, ensuring that tiles stay in place under various conditions. It is user-friendly, featuring a smooth consistency that facilitates even application. This adhesive is suitable for both indoor and outdoor tile installations.
The primary types of ceramic tile adhesives include epoxy, acrylic, silicone, cyanoacrylate, and others. Epoxy adhesives are known for their high performance, boasting excellent strength, durability, and resistance to chemicals and heat. Applications for these adhesives range from attaching wood floors and tiled floors to polyethylene and stone surfaces, serving a variety of end-users in residential, commercial, and industrial settings.
The ceramic tile adhesive market research report is one of a series of new reports that provides ceramic tile adhesive market statistics, including ceramic tile adhesive industry global market size, regional shares, competitors with a ceramic tile adhesive market share, detailed ceramic tile adhesive market segments, market trends and opportunities, and any further data you may need to thrive in the ceramic tile adhesive industry. This ceramic tile adhesive market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The ceramic tile adhesive market consists of sales of cement-based adhesives, ready-mixed paste adhesives, polymer-modified adhesives, latex-based adhesives, and furan resin adhesives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Ceramic Tile Adhesive Market Characteristics3. Ceramic Tile Adhesive Market Trends and Strategies32. Global Ceramic Tile Adhesive Market Competitive Benchmarking33. Global Ceramic Tile Adhesive Market Competitive Dashboard34. Key Mergers and Acquisitions in the Ceramic Tile Adhesive Market
4. Ceramic Tile Adhesive Market - Macro Economic Scenario
5. Global Ceramic Tile Adhesive Market Size and Growth
6. Ceramic Tile Adhesive Market Segmentation
7. Ceramic Tile Adhesive Market Regional and Country Analysis
8. Asia-Pacific Ceramic Tile Adhesive Market
9. China Ceramic Tile Adhesive Market
10. India Ceramic Tile Adhesive Market
11. Japan Ceramic Tile Adhesive Market
12. Australia Ceramic Tile Adhesive Market
13. Indonesia Ceramic Tile Adhesive Market
14. South Korea Ceramic Tile Adhesive Market
15. Western Europe Ceramic Tile Adhesive Market
16. UK Ceramic Tile Adhesive Market
17. Germany Ceramic Tile Adhesive Market
18. France Ceramic Tile Adhesive Market
19. Italy Ceramic Tile Adhesive Market
20. Spain Ceramic Tile Adhesive Market
21. Eastern Europe Ceramic Tile Adhesive Market
22. Russia Ceramic Tile Adhesive Market
23. North America Ceramic Tile Adhesive Market
24. USA Ceramic Tile Adhesive Market
25. Canada Ceramic Tile Adhesive Market
26. South America Ceramic Tile Adhesive Market
27. Brazil Ceramic Tile Adhesive Market
28. Middle East Ceramic Tile Adhesive Market
29. Africa Ceramic Tile Adhesive Market
30. Ceramic Tile Adhesive Market Competitive Landscape and Company Profiles
31. Ceramic Tile Adhesive Market Other Major and Innovative Companies
35. Ceramic Tile Adhesive Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Ceramic Tile Adhesive Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on ceramic tile adhesive market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for ceramic tile adhesive? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ceramic tile adhesive market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Epoxy; Acrylic; Silicone; Cyanoacrylate; Other Types2) By Application: Wood Floor Pasting; Tiled Floor Pasting; Polyethylene Floor Pasting; Stonefloor Passing
3) By End-User: Residential; Commercial; Industrial
Key Companies Mentioned: BASF SEBASF SE; Henkel AG & Co. KGaA; AkzoNobel N.V.; Sika AG; H.B. Fuller Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies profiled in this Ceramic Tile Adhesive market report include:- BASF SEBASF SE
- Henkel AG & Co. KGaA
- AkzoNobel N.V.
- Sika AG
- H.B. Fuller Company
- Bostik
- Pidilite Industries
- JK Cement Ltd.
- Fosroc International Limited.
- Laticrete International Inc.
- Sakrete
- Building Adhesives Ltd.
- Tammy
- Davco Construction Materials
- ParexDavco
- Cemix Products Ltd.
- Mapei S.p.A
- Oriental Yuhong
- Norcross Adhesives
- Weber Building Solutions
- Ardex Group
- Terraco Group
- Aston Global Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | November 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 20.93 Billion |
Forecasted Market Value ( USD | $ 31.11 Billion |
Compound Annual Growth Rate | 10.4% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |