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Floor Adhesive Market by Type, Application, Technology And Region - Global Forecast to 2022

Floor Adhesive Market: Global Forecast until 2022

  • August 2017
  • 155 pages
  • ID: 5123124
In this report:
The market size of flooring adhesives is expected to be ##,##.## kilotons in 2017 and is projected to reach ##,##.## kilotons by 2022, at a CAGR of ##.##% during the forecast period.
The consumption of flooring adhesive in the country is estimated to be ##.## kilotons in 2017 and is projected to reach ##.## kilotons by 2022, registering a CAGR of ##.##% during the forecast period.

Summary

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"The growing demand for diverse types of flooring materials in the residential, commercial and industrial industries are forecast to steer the increase of the floor adhesive market during the estimate period between 2017 and 2022"

The floor adhesive market is estimated to grow ~$11.0B by 2022, at a compound annual growth rate of 5.20 percent between 2017 and 2022. The rise of the floor adhesive market is influenced by the rising use of various types of flooring materials in the residential, commercial, and industrial market. Nevertheless, stringent government regulations pertaining to the VOC content in floor adhesive can restrain the increase of the floor adhesive market.

"Established on category, the epoxy segment of the floor adhesive market is intended to observe the highest increase during the outlook period"

The excellent properties of the epoxy adhesives, including fast curing, a solvent-less system, and consumer friendly usage are forecast to steer the industry demand for this type of adhesives in the next years. Epoxy adhesives form an extremely strong and durable bond with most materials.

"The Asia-Pacific floor adhesive market is forecasted to witness the highest rise during the estimate period"

The floor adhesive market in Asia-Pac (APAC) expected to witness the highest increase during the outlook period. Emerging economies, like China, India (IN), South Korea (KR), and several Southeast Asian countries are attracting different overall actors to establish their manufacturing base in APAC. These manufacturers are competing to reach an extensive customer base in territories, such as china (CN) and India (IN) to cater to the growing demand for adhesives from the residential and industrial markets in these countries. Increased investments in infrastructural development in the territory are anticipated to fuel the increase of the floor adhesive market in Asia-Pac.

Extensive primary audit sessions have been conducted to determine and verify the market sizes of different segments and sub-segments obtained from the information collected by secondary research. The breakdown of primary interviews has been provided below.

• By Company category - Tier 1 - 40.0 percent, Tier 2 - 35.0 percent, and Tier 3 - 25.0 percent

• By Description - C-suite - 55.0 percent, D-suite - 25.0 percent, and Others - 20.0 percent

• By Area - North America continent - 35.0 percent, Europe (EU) - 25.0 percent, Asia Pacific (APAC) - 15.0 percent, South America- 15.0 percent, and the Middle East (ME) & African continent - 10.0 percent

Key firms decribed in this research report contain Mapei S.p.A., Sika AG, Henkel AG, The Dow Chemical Company, Wacker Chemie AG, Bostik SA, Forbo Holdings AG, Pidilite Industries Limited, H.B. Fuller, and LATICRETE International, Inc

Segment Research

This analysis includes the consumption of floor adhesive across various applications and localities. It aims at evaluating the market value and future increase potential of the floor adhesive market across several segments established on resin type, application, technology, end use, and area. Moreover, the market research also comprises a detailed competitive analysis of the top players in the floor adhesive market, together with their company descriptions, recent evolutions, and key industries strategies.

Main highlights

This market report aims at helping the market top players/new sector entrants in the floor adhesive market by providing them the closest approximations of the revenues for the global floor adhesive market and its sub-segments. This business report aims at helping stakeholders to obtain an improved understanding of the competitive landscape of the sector and gain insights to enhance the position of their businesses by making suitable market strategies. This industry report also aims at helping the partners to comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives

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