MarketResearch.biz has recently published its market research report titled, “Global Ceramic Tile Adhesive Market by Flooring Type, by Application, by End-use, and by Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa) – Global Forecast from 2020 to 2029”. The report offers a deep-dive analysis of the global ceramic tile adhesive market. It is through systematic and exhaustive research efforts, both primary and secondary, as well as ideal segmentation that the research results have been gleaned over the study period. The report also presents the first five-year cumulative revenue (2020–2024), which is projected to be valued at more than US$ 47 Billion, and this is expected to increase quite significantly over the latter part of the five-year forecast period.
Ceramic tiles are tiles manufactured using white or red clay and offer various benefits including water resistance, humidity-resistance, stain-proof. Ceramic tile adhesive is a glue that is used to set the tiles evenly. Adhesive helps in reducing several issues related to tiling work such as cracked tiles, and chipped tiles, especially around the corner; and resists any water seepage, and stains. Even application of adhesive on the back of ceramic tiles enables stronger bonding strength, long lasting tile fixation, and improve work quality.
Browse the full “Global Ceramic Tile Adhesive Market By Flooring Type, By Application, By End-Use, And By Region (North America, Europe, Asia Pacific, South America, And Middle East & Africa) – Global Forecast From 2020 To 2029” report at https://marketresearch.biz/report/ceramic-tile-adhesive-market/
Global Ceramic Tile Adhesive Market: Dynamics
Rapidly increasing urbanization, and increasing construction and reconstruction activities, especially in residential and commercial sectors across various countries, coupled with rising awareness about benefits of ceramic tile adhesives are some of the major factors expected to drive market growth to significant extent. In addition, inclining number of initiatives by government of several countries to support growth and expansion of end-use industries for ceramic tile adhesives is another major factor projected to fuel growth of the market. In the developing countries of Asia Pacific, it has been observed that the economy is developing at a very fast pace, specifically in China, Japan and India, due to which the construction activities are increasing. This is additional factor projected to support market growth to a substantial extent. Rising income levels and inclination of end users towards home décor, and rising awareness about designer ceramic tiles and benefits of using ceramic tiles for houses are primary factors expected to support the market growth.
Global Ceramic Tile Adhesive Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global ceramic tile adhesive market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global ceramic tile adhesive market is expected to register a CAGR of 5.5% over the forecast period.
Global Ceramic Tile Adhesive Market: Segmental Snapshot
The market report has been segmented on the basis of flooring type, application, end-use, and region. The flooring type segment includes standard, and strong. The application segment includes wood floor pasting, tiled floor pasting, polyethylene floor pasting, and stone floor pasting. The end-use segment includes residential, commercial, and industrial. The regions include North America, Europe, Asia Pacific, South America, and Middle East & Africa.
Flooring Type: The standard flooring type segment is expected to account for highest revenue share in the global market, and is projected to register highest CAGR of more than 5.3% over the forecast period
Application: The tiled floor pasting segment is expected to record the highest share in terms of revenue, and is projected to register highest compound annual growth rate of over 5.5%
End-use: The residential sector segment is expected to record the highest revenue share, and is projected to register highest compound annual growth rate of over 5.4%
Region: The Asia Pacific ceramic tile adhesive market is expected to record the largest revenue share, and is projected to register highest compound annual growth rate of more than 5.8% over the 10-year forecast period
Global Ceramic Tile Adhesive Market: Competitive Analysis
The global ceramic tile adhesive market research report includes company profiles of major players/ companies such as BASF SE, Henkel AG & Company, KGaA, Arkema S.A., Wacker Chemie AG, Saint-Gobain Weber, Pidilite Industries Limited, Myk Laticrete India Private Limited, MAPEI Corporation, H. B. Fuller Construction Products, Inc. (TEC), and EPIC Flooring Adhesives.
“Global Ceramic Tile Adhesive Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2020–2029” report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global ceramic tile adhesive market for 2019–2029.
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