Tile Adhesive Market Is Expected To Reach $5.60 Billion By 2030


 San Francisco, 26 December 2024: The Report Tile Adhesive Market Size, Share & Trends Analysis Report By Product (Phosphate, Chromate, Chromate Free, Blast Clean), By End-use (Automotive & Transportation), By Region, And Segment Forecasts, 2024 - 2030

The global tile adhesive market size to reach USD 5.60 billion by 2030 and is projected to grow at a CAGR of 7.5% from 2024 to 2030. The increasing demand for tiles and marble in developing areas and rising reconstruction and renovation activities are driving market growth. Flooring is essential for any structure as it enhances the beauty and appeal of every room in your home. Tiles are the most common flooring material due to their affordability and high durability. Tile adhesive is a glue that attaches tiles in various parts of the house. It is a ready-to-use mixture of Portland cement, polymers like epoxy, and selected aggregate particles. Several additives have been included to enhance its properties for laying tiles.

Access Research Report of Tile Adhesive Market @ https://www.grandviewresearch.com/industry-analysis/tile-adhesive-market-report

Drivers, Opportunities & Restraints

The increasing activities significantly influence the growth of the market in reconstruction and renovation. The demand for durable and reliable adhesives for tile installations has surged as urban and rural landscapes evolve. This trend is particularly noticeable in regions undergoing rapid development and modernization, where refurbishing existing structures and constructing new ones necessitate high-quality tile adhesives. Additionally, the desire for aesthetic improvements in residential and commercial properties drives the renovation market, further fueling the demand for specialized tile adhesives that cater to various design and functional requirements.

The presence of substitute products, including alternative flooring options such as wooden planks, laminates, and vinyl flooring, poses a significant challenge to the tile adhesive market's growth. These alternatives often offer ease of installation, cost-effectiveness, or unique aesthetic appeals that tiles might not, leading some consumers and contractors to prefer them. As a result, the demand for tile adhesives may be restrained, as the inclination towards these substitutes can divert potential market segments away from tiles and their associated adhesives. This shift could particularly influence areas where quick, budget-friendly renovations are prioritized over traditional tile installations.

Civic infrastructure is improving rapidly in numerous countries, with governments in developing nations like India making concerted efforts to enhance their construction sectors. This focus on construction is significantly impacting the tile adhesives market, driving demand as the need for durable and reliable bonding solutions grows. Such developments are essential for supporting the expanding infrastructure projects, indicating a positive trend in the market that aligns with the broader growth in construction activities.

Recent Developments

  • In November 2023, Arkema has announced that it is acquiring Ashland's adhesives business in the U.S. This acquisition marks a significant step for Arkema in strengthening its Adhesive Solutions segment. It aligns with the Group's strategy to transform into a pure materials specialty player by 2024.
  • In January 2022, Sika AG launched their groundbreaking No-Slake tile adhesives, which, combined with SikaTile's Dustless Technology, can dramatically reduce installation time on every project.

Key Tile Adhesive Company Insights

Some of the key players operating in the market include

  • The Dow operates through three segments, namely industrial intermediates & infrastructure; performance materials & coatings; and packaging & specialty plastics. The company caters its products to various end-use industries such as consumer goods, healthcare, food & beverages, personal care, construction, life sciences, paints & coatings, and paper. Performance materials & coatings segment is classified into two sub-segments: coatings & performance monomers and consumer solutions. The segment offers acrylics, silicones, and cellulose materials for use in end-use industries such as personal care, home care, and industrial paints & coatings. The industrial intermediates & infrastructure segment consists of two sub-segments, namely industrial solutions and polyurethanes. The company has a global presence.
  • The Arkema is engaged in the business of manufacturing specialty chemicals and advanced materials. It operates through three segments, including high-performance materials, coating solutions, and industrial specialties. The company caters its products to end-use industries including construction, electrical & electronics, food & agrochemicals, health, hygiene & beauty, oil & gas, paper & packaging, renewable energies, sports, and transportation. The company has 38 manufacturing facilities and 4 research & development centers in North America, 60 manufacturing facilities and 7 research & development centers in Europe, and 38 manufacturing facilities and 4 research & development centers in rest of the regions.

Isolera GmbH and Kajaria are some of the emerging market participants in market.

  • Isolera is a significant company that provides waterproof solutions for sealing buildings and structures. The company offers various products, giving construction craftsmen, companies, and do-it-yourselfers all the materials they need to effectively protect buildings against moisture and humidity penetration. The company has a presence in Europe and North America.
  • Kajaria Ceramics is India's leading ceramic and vitrified tile manufacturer, with an annual production capacity of 68.9 million square meters across nine manufacturing plants. The company offers a wide range of ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, and tile adhesives and grouts. It has a presence in the Asia Pacific region.

Key Tile Adhesive Companies:

The following are the leading companies in the tile adhesive market. These companies collectively hold the largest market share and dictate industry trends.

  • Taylor Adhesives
  • Dow
  • HENRY
  • Arkema SA
  • Schomburg
  • ISOLERA GmbH
  • AZO GmbH & Co. KG
  • Cemi-Cola Port, SL.
  • Indarex Commerce S.L.
  • BUTECH BUILDING TECHNOLOGY SAU
  • Torggler S.r.l
  • MAPEI S.p.A.
  • Kajaria

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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