According to a market report by Lucintel, the future of the tile adhesive & stone adhesive market looks promising with opportunities in the residential, commercial, and institutional constructions. The tile adhesive & stone adhesive market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increase in use of ceramic and thin porcelain decorative tiles and growing residential housing projects.
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In this market, cementitious and epoxy adhesives are the major product type. Cementitious is the largest product type market.
Within the tile adhesive & stone adhesive market, residential, commercial, and institutional are the major end use industries. Residential is the largest segment for tile and stone adhesives due to growing population and shifting of population from rural to urban area.
Asia-Pacific will remain the largest market over the forecast period due to huge demand in the building & construction infrastructure.
Sika AG, Fosroc International Ltd., Saint-Gobain Weber, Mapei, H. B. Fuller, and Bostik are among the major manufacturers of tile adhesives and stone adhesives.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the tile adhesive & stone adhesive market by product type, type of manufacturing activity, end use industry, and region. Lucintel has prepared a comprehensive research report entitled "Tile Adhesive & Stone Adhesive Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the Tile adhesive & stone adhesive market by product type, type of manufacturing activity, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
Cementitious
Epoxy
Others
By Type of Manufacturing Activity [$M shipment analysis for 2013 – 2024]:
New Construction
Repairs & Renovation
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Residential
Commercial
Institutional
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Germany
France
UK
Italy
Russia
Others
Asia Pacific
ROW
Middle East & Africa
South America
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/tile-adhesive-aand-stone-adhesive-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.