Global Tile Adhesives Stone Adhesives Overview
Tile is made of hard materials such as stone, ceramic, metal, or even glass. They are mainly used for covering the roofs, floors, walls, and showers. The tile adhesives are used to attach the tile to the floor. Adhesives can be interchangeably known as mucilage, glue, cement or paste, which is applied to the surfaces to combine them into a single piece. These tile adhesives are resistant and very strong in behavior as it has to last long. Similarly, the stone adhesives are used to glue the stones such as granite and marble to the surfaces.
Rapidly growing number of residential projects and an increase in the usage of ceramic and thin porcelain decorative tiles is the major factor driving growth of the global market. In addition, wide utilization of ceramic tiles in the home or commercial establishments as the ceramic tiles are more durable and exhibit superior resistance to moisture and abrasion is also boosting growth of the global market globally. The expansion of construction sector and ever growing residential projects across the globe due to rapid industrialization and increase in disposable incomes of the consumer will also provide significant growth in the global market. According to IBEF in 2019, real estate sector in India is anticipated to reach a market size of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Hospitality, retail, and commercial real estate are also increasing significantly, providing the much-needed infrastructure for India's growing needs. The low-profit margin for manufacturers and low awareness regarding tile and stone adhesives in developing economies may restrain growth of the global market. Nevertheless, increasing R&D activities in the development of innovative low VOC stone and tile adhesives is expected to create lucrative growth opportunities for the global market.
The global tile adhesives & stone adhesives market is segmented based on product type, manufacturing activity, end-user, and region.
Based on product type, the global tile adhesives & stone adhesives market is segmented into cementitious and epoxy. Cementitious product type segment is accounted to dominate the global market over the forecast period, owing to its wide use in construction activity due to lower price. Based on manufacturing activity, the target market is segmented into new construction and repairs & renovation. New construction manufacturing activity segment is the largest segment of the global market. This is attributed due to huge residential projects planned by the developing regions in countries such as Qatar, Saudi Arabia, Mexico, Malaysia, and Vietnam. In addition, the government of each country has considerably increased the investment patterns to improve the living standards of people. Based on end-user industry, the target market is segmented into residential, commercial, and institutional
Based on region the global tile adhesives & stone adhesives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominates the global tile adhesives and stone adhesives market. This is mainly attributes due to increased demand for the ceramic tiles in both the residential and commercial areas, growing economic rate and demand for the maintenance, renovation, and infrastructure development. The other developing regions such as North America and Europe are too contributing a major share in the tile adhesives and stone adhesives market growth, owing to the huge developments of the projects in the hospital and hotel sectors.
The key players operating the global Tile Adhesives & Stone Adhesives market involves Bostik Inc., Mapei, Ardex GmbH, Laticrete, Saint-Gobain Webe, Sika AG, BASF SE, and Fosroc International Ltd. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in November 2019, Bostik Inc., launched a Born2bond™, a range of new engineering adhesives. This brings a new range of innovative engineering adhesives designed for ‘by-the-dot’ bonding applications in selected industries, such as electronics, automotive, luxury packaging, medical devices, and MRO.
Detailed Segmentation:
Global Tile Adhesives & Stone Adhesives Market, By Product Type:
- Cementitious
- Epoxy
Global Tile Adhesives & Stone Adhesives Market, By Manufacturing Activity:
- New construction
- Repairs & renovation
Global Tile Adhesives & Stone Adhesives Market, By End-user Industry:
- Residential
- Commercial
- Institutional
Global Tile Adhesives & Stone Adhesives Market, By Region:
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- North America
- North America Tile Adhesives & Stone Adhesives Market, By Product Type
- North America Tile Adhesives & Stone Adhesives Market, By Manufacturing Activity
- North America Tile Adhesives & Stone Adhesives Market, By End-user Industry
- North America Tile Adhesives & Stone Adhesives Market, By Country
- U.S.
- Canada
- Europe
- Europe Tile Adhesives & Stone Adhesives Market, By Product Type
- Europe Tile Adhesives & Stone Adhesives Market, By Manufacturing Activity
- Europe Tile Adhesives & Stone Adhesives Market, By End-user Industry
- Europe Tile Adhesives & Stone Adhesives Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Tile Adhesives & Stone Adhesives Market, By Product Type
- Asia Pacific Tile Adhesives & Stone Adhesives Market, By Manufacturing Activity
- Asia Pacific Tile Adhesives & Stone Adhesives Market, By End-user Industry
- Asia Pacific Tile Adhesives & Stone Adhesives Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Tile Adhesives & Stone Adhesives Market, By Product Type
- Latin America Tile Adhesives & Stone Adhesives Market, By Manufacturing Activity
- Latin America Tile Adhesives & Stone Adhesives Market, By End-user Industry
- Latin America Tile Adhesives & Stone Adhesives Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Tile Adhesives & Stone Adhesives Market, By Product Type
- Middle East & Africa Tile Adhesives & Stone Adhesives Market, By Manufacturing Activity
- Middle East & Africa Tile Adhesives & Stone Adhesives Market, By End-user Industry
- Middle East & Africa Tile Adhesives & Stone Adhesives Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America
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Company Profile:
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- Bostik, Inc. *
- Company Overview
- Bostik, Inc. *
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- Chipset Portfolio
- Key Highlights
- Financial Performance
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- Mapei
- Ardex GmbH
- Laticrete
- Saint-Gobain Webe
- Sika AG
- BASF SE
- Fosroc International Ltd.
“*” marked represents similar segmentation in other categories in the respective section
Global Tile Adhesives Stone Adhesives Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Manufacturing Activity
- Market Snippet, By End-user Industry
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Tile Adhesives & Stone Adhesives Market, By Product Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Cementitious
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Epoxy
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Tile Adhesives & Stone Adhesives Market, By Manufacturing Activity, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- New construction
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Repairs & Renovation
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Tile Adhesives & Stone Adhesives Market, By End-user Industry, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Residential
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Commercial
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Institutional
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Tile Adhesives & Stone Adhesives Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Manufacturing Activity, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Manufacturing Activity, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Manufacturing Activity, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Manufacturing Activity, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Manufacturing Activity, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Bostik, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Mapei
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Ardex GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Laticrete
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Saint-Gobain Webe
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Sika AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Fosroc International Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Bostik, Inc.
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- Section
- Research Methodology
- About Us
- Contact
FAQs
The tile adhesives & stone adhesives market report is segmented into product type, manufacturing activity, end-user, and region.
Factors driving market growth include the growth of the construction industry, demand for durable and high-performance adhesives, and innovations in adhesive technology for diverse applications.
Global restraints may involve concerns about environmental impact, fluctuations in raw material prices, and the challenge of developing adhesives suitable for various surfaces and conditions.
The report covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is expected to dominate the Tile Adhesives & Stone Adhesives Market, exhibiting a significantly high revenue share over the forecast period.
The key players operating in the construction chemicals and adhesives industry include Mapei, Ardex GmbH, Laticrete, Saint-Gobain Weber, Sika AG, BASF SE, Fosroc International Ltd., and Bostik, Inc.