The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Flooring Adhesive Global Market Report 2024 offers crucial insights into the flooring adhesive market help businesses analyse and build stronger strategies.

Robust Market Expansion

Current Scenario

• The flooring adhesive market has experienced robust growth, reaching $7.92 billion in 2023.
• Expected growth to $8.59 billion in 2024 at an impressive CAGR of 8.5%.
• Historical growth attributed to construction industry expansion, renovation, health considerations, and environmental regulations.

Future Outlook

• Anticipated growth to $11.47 billion in 2028.
• Projected CAGR of 7.5% in the forecast period.
• Driven by green building practices, e-commerce growth, changing consumer preferences, and technological advancements.

Economic Growth Fuels Infrastructural Development

Emerging Countries’ Impact

• Infrastructural development in emerging countries fuels flooring adhesive market growth.
• Increased demand for housing drives the need for flooring adhesives in various applications.
• Rapid urbanization in countries like Brazil and India propels the demand for infrastructure.

Population Growth and Urbanization

• South Asia’s urban population expected to grow by 250 million by 2030.
• Around 60% of the world’s population projected to live in cities by 2030.
• Urbanization surge to boost infrastructure demand, driving the flooring adhesive market.

Key Market Players

• Major companies in the flooring adhesive market include:
  • Mapei S.p.A.
  • Sika AG
  • Henkel AG & Co. KGaA
  • Dow Inc.
  • Bostik SA
  • And more.

Read The Full Flooring Adhesive Market Report Here:
https://www.thebusinessresearchcompany.com/report/flooring-adhesive-global-market-report

Innovations in Adhesive Technology

Introduction of STIX A600 EVOLUTION

• Major companies innovate products like STIX A600 EVOLUTION for safer and sustainable flooring installations.
• STIX A600 EVOLUTION is a high-performance, solvent-free acrylic adhesive launched by Bostik in March 2022.
• The adhesive is suitable for high-stress settings in hospitals, emergency rooms, commercial, and residential buildings.
• STIX A600 EVOLUTION is eco-friendly, devoid of solvents, phthalates, and isocyanates.

Sika’s Strategic Acquisition

• Sika AG expands its reach in Mexico’s mortar market by acquiring Bexel Internacional S.A. de C.V.
• Acquisition strengthens Sika’s position and extends its manufacturing footprint in Mexico.

Market Segmentation

• The flooring adhesive market is segmented based on:
  1. Type: Urethane, Epoxy, Acrylic, Vinyl, Other Types
  2. Technology: Water-Based Adhesive, Solvent-Based Adhesive, Hot-Melt Based Adhesive
  3. Application: Tile & Stone, Carpet, Wood, Laminate, Other Applications
  4. End User: Residential, Commercial, Industrial

Asia-Pacific Dominance

• In 2023, Asia-Pacific emerged as the largest region in the flooring adhesives market.
• Expected to be the fastest-growing region in the forecast period, signifying substantial market potential.

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The Flooring Adhesive Global Market Report 2024  provides a comprehensive outlook of the flooring adhesive market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The flooring adhesive market forecast offers a thorough analysis on flooring adhesive market size, flooring adhesive market share, prominent players and their strategies.

The Table Of Content For The Flooring Adhesive Market Include:
1. Flooring Adhesive Market Executive Summary
2. Flooring Adhesive Market Segments
3. Flooring Adhesive Market Size And Flooring Adhesive Market Growth Rate
4. Key Flooring Adhesive Market Trends
5. Major Flooring Adhesive Market Drivers
……
25. Key Mergers And Acquisitions In The Flooring Adhesive Market
26. Top Flooring Adhesive Companies
27. Flooring Adhesive Market Opportunities And Strategies
28. Flooring Adhesive Market, Conclusions And Recommendations
29. Appendix

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