0

Floor Adhesive Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Dec 2021
  • Pages: 120
  • SKU: IRTNTR71881
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The floor adhesive market share is expected to increase by USD 1.53 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.44%.

This floor adhesive market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers floor adhesive market segmentation by end-user (residential, commercial, and industrial) and geography (APAC, North America, Europe, South America, and MEA). The floor adhesive market report also offers information on several market vendors, including Bostik Ltd., DuPont de Nemours Inc., Forbo Holding Ltd, H.B. Fuller Co., Henkel AG and Co. KGaA, LATICRETE International Inc., Mapei SpA, Parker Hannifin Corp., Pidilite Industries Ltd., and Sika AG among others.

What will the Floor Adhesive Market Size be During the Forecast Period?

Floor Adhesive Market Size

Download the Free Report Sample to Unlock the Floor Adhesive Market Size for the Forecast Period and Other Important Statistics

"Some vendors that offer floor adhesives in APAC are Pidilite Industries Ltd., Arkema, and Jowat SE. A few vendors are focusing on establishing new production units in APAC to meet the market demand."

Floor Adhesive Market: Key Drivers and Trends

The rapidly growing global construction industry is notably driving the floor adhesive market growth, although factors such as stringent environmental regulations regarding VOC emissions may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the floor adhesive industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Floor Adhesive Market Driver

The rapid growth in the global construction industry is one of the key factors driving the floor adhesive market growth. Global and national economic sustainability is dependent majorly on the construction industry, which includes constructions of commercial, industrial, and other infrastructural development such as dams, roads, and real estate assets that are essential for economic prosperity. Mechanical or thermal fastening has been practiced earlier for industrial bonding applications, which are now replaced by adhesives. Hence, adhesives are becoming an integral part of various applications. These factors are expected to propel the demand for floor adhesives during the forecast period.

Key Floor Adhesive Market Challenge

The imposing of stringent environmental regulations is a key challenging factor for the floor adhesive market growth. Adhesives and sealants that are high in volatile organic compound (VOC) emissions have been compiled for use under certain regulations by the authorities. Failing to adhere to the regulations may lead to administrative enforcement actions, regulatory or governmental investigations, or even revocation of required licenses or registrations. The volatility in raw material prices is negatively affecting the prices of adhesives. Also, such regulations are restricting the entry of new players in the market. The demand for floor adhesive is estimated to increase during the forecast period. However, stringent regulations and the rise in prices are creating challenges for the market growth, especially in developing economies.

This floor adhesive market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Market Overview

The parent global chemicals market covers companies engaged in the manufacturing of various types of products under organic and inorganic chemicals. The global specialty chemicals market covers products and companies engaged in high value-added chemicals used in the manufacture of a wide variety of products, including, but not limited to, fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings.

Who are the Major Floor Adhesive Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Bostik Ltd.
  • DuPont de Nemours Inc.
  • Forbo Holding Ltd
  • H.B. Fuller Co.
  • Henkel AG and Co. KGaA
  • LATICRETE International Inc.
  • Mapei SpA
  • Parker Hannifin Corp.
  • Pidilite Industries Ltd.
  • Sika AG

 

This statistical study of the floor adhesive market encompasses successful business strategies deployed by the key vendors. The floor adhesive market is fragmented and the vendors are deploying growth strategies such as acquisitions to capture the regional markets to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The floor adhesive market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Floor Adhesive Market?

Floor Adhesive Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

64% of the market's growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for the floor adhesive market in APAC. Market growth in this region will be faster than the growth of the market in the rest of the regions.

The significant increase in demand for floor adhesive from key countries such as Australia, China, India, and Japan will facilitate the floor adhesive market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Floor Adhesive Market?

Floor Adhesive Market Segmentation

To gain further insights on the market contribution of various segments Request for a FREE sample

The floor adhesive market share growth by the residential segment will be significant during the forecast period. Various government schemes such as the Indian government's Pradhan Mantri Awas Yojana provide tax benefits to encourage the middle-income group for buying homes. While decreased interest rates and growth in disposable income also provide opportunities to buy new houses. These factors are boosting the market growth of floor adhesives through its residential segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the floor adhesive market size and actionable market insights on post COVID-19 impact on each segment.

 

Floor Adhesive Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.44%

Market growth 2022-2026

$ 1.53 billion

Market structure

Fragmented

YoY growth (%)

4.80

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 64%

Key consumer countries

China, US, India, Germany, Japan, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Bostik Ltd., DuPont de Nemours Inc., Forbo Holding Ltd, H.B. Fuller Co., Henkel AG and Co. KGaA, LATICRETE International Inc., Mapei SpA, Parker Hannifin Corp., Pidilite Industries Ltd., and Sika AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Floor Adhesive Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive floor adhesive market growth during the next five years
  • Precise estimation of the floor adhesive market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the floor adhesive industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of floor adhesive market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Residential - Market size and forecast 2021-2026
    • Commercial - Market size and forecast 2021-2026
    • Industrial - Market size and forecast 2021-2026
    • Market opportunity by End-user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2021-2026
      • North America - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Bostik Ltd.
      • DuPont de Nemours Inc.
      • Forbo Holding Ltd
      • H.B. Fuller Co.
      • Henkel AG and Co. KGaA
      • LATICRETE International Inc.
      • Mapei SpA
      • Parker Hannifin Corp.
      • Pidilite Industries Ltd.
      • Sika AG

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your sample now!
      Floor Adhesive market growth will increase by $1530.97 million during 2021-2026.
      The floor adhesive market is expected to grow at a CAGR of 5.44% during 2021-2026.
      Technavio has segmented the floor adhesive market by end user (Residential, Commercial, and Industrial) and geographic (APAC, North America, Europe, South America, and MEA).
      Bostik Ltd., DuPont de Nemours Inc., Forbo Holding Ltd, H.B. Fuller Co., Henkel AG and Co. KGaA, LATICRETE International Inc., Mapei SpA, Parker Hannifin Corp., Pidilite Industries Ltd., Sika AG are a few of the key vendors in the floor adhesive market.
      APAC will register the highest growth rate of 64.36% among the other regions. Therefore, the floor adhesive market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • India
      • Germany
      • Japan
      • Canada
      The key factors driving the floor adhesive market growth are:
      • Rapidly growing global construction industry
      The floor adhesive market vendors should focus on grabbing business opportunities from the residential segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
      • Off-the-shelf research reports
      • Reports can be tailored to meet the customer's needs
      • Trusted by more than 100 fortune 500 organizations
      • Information about the market's key drivers, trends, and challenges
      • Parent market analysis
      • Every week, 50,000 people visit our subscription platform
      • Detailed vendors report with competitive landscape
      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis

      Certified ISO 9001 : 2015

      We are ISO recognized

      We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

      We are GDPR and CCPA compliant

      We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

      Safe and Secure SSL Encrypted
      Technavio

      info
      close
      • Single:

        One user only.
        Quick & easy download option

      • Enterprise:

        Unlimited user access (Within your organization)
        Complimentary Customization Included

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Customized Report as per your Business Needs

      • Our analysts will work directly with you and understand your needs
      • Get data on specified regions or segments, competitor and Vendors
      • Data will be formatted and presented as per your requirements
      • We offer $1000 worth of FREE customization at the time of purchase

      Let us help you make report more suited to your requirements.

      • Get a competitive breakdown as per your niche industry
      • Customize the data with various metrics that meet your business prerequisite
      • Understand Revenue Sources, Customers and many more
      • Details on Market Share
      • These customizations are done in a short amount of time by our analysts and industry experts
      Technavio
      Enquire Before Buying
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>