Floor Adhesive Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Floor adhesives are sticky substance used for attaching the surface covering material to the subfloor or underlayment. It has an exclusive property of wetting the substance, increasing the strength after application and ability to transmit load between two bases. The various types of floor adhesives are polymeric adhesives and derivatives, polyurethane adhesives, dispersion adhesives, alcohol adhesives, etc. The floor adhesives are dependent on the purposes such as residential, commercial and industrial. It is applied in various industries such as tile, stone, carpet, wood, laminate, etc.

MARKET DYNAMICS

The global floor adhesives market is growing at a significant pace owing to driving factors such as increasing demand from construction due to its versatility, safety and ease of application. Furthermore, Increasing demand of polyutherane adhesive for the wooden flooring it is also likely to drive the demand for floor adhesive in the coming years. However, increase in regulation due to its high volatile organic compound emmision is projected to hinder the growth of floor adhesives market. Likewise, growth and development of water-based floor adhesives may provide a lucrative opportunity for the market players in the near future.

MARKET SCOPE

The "Global Floor Adhesives Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the floor adhesives market with detailed market segmentation by, resin type, technology, application, end-use and geography. The global floor adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading floor adhesives market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global floor adhesives market is segmented on the basis of resin type, technology, application and end-use. On the basis of resin type, the floor adhesives market is segmented into, epoxy adhesive, polyurethane adhesive, acrylic adhesive, vinyl adhesive, others. On the basis of technology, the market is bifurcated into, water-based adhesive, solvent-based adhesive, hot-melt adhesive. Based on application, the global floor adhesives market is segmented into, tile & stone, wood, carpet, laminate, others. Based on end-use, the global floor adhesives market is segmented into, residential floor adhesive, commercial floor adhesive and industrial floor adhesive.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global floor adhesives market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The floor adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the floor adhesives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the floor adhesives market in these regions.

MARKET PLAYERS

The reports cover key developments in the floor adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from floor adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for floor adhesives in the global market. Below mentioned is the list of few companies engaged in the floor adhesives market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the floor adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.

• Bostik India Pvt. Ltd.
• Dupont De Nemours, Inc.
• Forbo Holding AG
• H.B Fuller Company
• Henkel AG & Co. Kgaa
• Laticrete International, Inc.
• Mapei S.P.A
• Pidilite Industries Limited
• Sika AG
• Wacker Chemie AG

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Floor Adhesive Report Scope