There is an increased demand for ceramic adhesives from emerging economies such as India and China because of the ongoing infrastructure development projects such as high-speed rail tracks, roads, airports, and nuclear plants. The consumption of ceramic adhesives is also increasing with the rise in a number of residential housing, hotels, and other commercial centers and the increasing government spending on infrastructure improvement. With the rising construction of residential housing, theme parks, hotels, and other retail centers, the construction industry will witness growth especially in emerging economies including China, India, Indonesia, and Brazil. This will subsequently drive ceramic adhesives market growth in the coming years.
The shift toward environment-friendly and green products is one of the key trends expected to gain traction in the market. Organic adhesives are increasingly becoming popular in developing economies. This has encouraged companies to make considerable investments in the developments of environmentally safe and less hazardous ceramic adhesives with zero emissions and VOC content. With the growing infrastructure development projects and the rise in construction activities, the need for organic adhesives will further increase in the coming years. This will drive ceramic adhesives market growth at a CAGR of almost 8% during the forecast period.
Top ceramic adhesives market companies covered in this market research report
The global ceramic adhesives market is moderately fragmented, and vendors in the market are increasingly focusing on investing in the development of environmentally safe and less hazardous ceramic adhesives. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by companies, this ceramic adhesive industry analysis report will help clients assess the market’s growth potential and design innovative strategies to strengthen their market position.
The report offers a complete analysis of several vendors including:
H.B. Fuller Company
Henkel AG & Co.
Ceramic adhesives market segmentation based on geographic regions
APAC will account for the largest ceramic adhesives market share during the forecast period. Rapid industrialization, the availability of cheap labor, high construction spending in the residential sector, and the availability of raw materials in several economies such as China, Japan, and India will drive the growth of the market in APAC.
Ceramic adhesives market segmentation based on application
Building and construction
The building and construction segment will account for the largest global ceramic adhesives market share during the forecast period because of the increased demand for environmentally safe ceramic adhesives and the rise in government spending in construction activities. This report provides an accurate prediction of the contribution of all the segments to the growth of the ceramic adhesives market size.
Key highlights of the global ceramic adhesives market for the forecast years 2019-2023:
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the ceramic adhesives market during the next five years
Precise estimation of the global ceramic adhesives market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the ceramic adhesives industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on factors that will challenge the growth of the ceramic adhesives companies
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