Tile Adhesives & Stone Adhesives Market worth $7.0 billion by 2027 | Key players ARDEX Group (Germany), Terraco Group (UAE), Sika AG (Switzerland), Saint-Gobain Weber (France), H.B. Fuller (US).

According to recent market research the "Tile Adhesives & Stone Adhesives Market by Chemistry (Cementitious and Epoxy), Construction Type (New Construction and Repairs & Renovation), End Use (Residential, Commercial, and Institutional) and Region - Global Forecast to 2027" The global tile & stone adhesives market size is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.0%. Market growth is attributed to the rising demand for tile & stone adhesives in the growing construction industry in residential, commercial, and institutional end uses across the world. The growth of the market is also triggered by the rising demand for ceramic tiles for decorative applications, the thin tile concept innovation, and advancements in technology related to low VOC emitting products.

Browse 182 market data Tables and 57 Figures spread through 194 Pages and in-depth TOC on "Tile Adhesives & Stone Adhesives Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/tile-stone-adhesive-market-117335016.html

The cementitious chemistry segment is expected to register the fastest growth during the forecast period. The demand for cementitious adhesives is fueled by modifications that require blending high-quality polymers, which enable them to bond huge ceramic tiles on walls. The advantages of using cementitious adhesives are their low cost, excellent adhesion properties, polymer-modified mix, slip resistance, self-curing properties, and the ability to mix large quantities of material in a single batch. Owing to the reduction in thickness of ceramic tiles over time, along with an increase in their size and improved construction techniques, which require continuous surfaces with extremely high architectural value, the demand for these adhesives is expected to remain significant.

Although currently a smaller market compared to new construction, repairs and renovation is expected to grow at the same rate during the forecast period. Big economies such as Germany, the US, Italy, and France have started to recover from the economic slowdown in recent years and have shifted their focus to upgrading their infrastructure related to housing, airports, and metros, among other projects. Also, premium hotels, which regularly upgrade their flooring once in five-eight years, are emerging end users of tile & stone adhesives. Owing to an increase in the demand for granite and exotic stones for renovations in high-end residential applications, the tile & stone adhesives market is expected to witness significant growth during the forecast period. European and North American countries, where carpets and rugs are used the most in flooring, have started preferring tiles instead of traditional flooring methods, which will boost the repairs and renovation segment, thereby creating demand for tile & stone adhesives gradually.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117335016

Asia Pacific is the largest consumer of tile & stone adhesives, as almost 60-70% of the total Asia Pacific flooring market is dominated by ceramic tiles and natural stones such as marble and granite. The increasing awareness about the benefits of tile adhesives, improved tile strength & slip resistance, low VOC emitting products, and many residential construction activities in Vietnam, Singapore, Malaysia, India, and China are fueling the growth of the tile & stone adhesives market.

Major players operating in the tile & stones adhesives include ARDEX Group (Germany), Terraco Group (UAE), Sika AG (Switzerland), Saint-Gobain Weber (France), H.B. Fuller (US), Mapei S.p.A (Italy), Fosroc International Limited (UK), Pidilite Industries Limited (India), Laticrete International, Inc. (US), and Arkema (Bostik) (France).

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=117335016

ARDEX Group is a key player in the tile & stone adhesives market. The ARDEX Group (ARDEX) is one of the leading solution providers of specialist high-performance building products, globally. The company manufactures a wide variety of products such as tile and stone adhesives, construction chemicals, sealants, concrete repair systems, wall smoothing products, and grout, among other products, for residential and commercial applications. It has about 18 globally renowned brands for construction applications.
• In September 2019, ARDEX announced a joint venture with Ceramfix, a manufacturer of products for the installation of ceramic tiles, including mortars, tile adhesives, grouts, waterproofing, and accessories. This has helped ARDEX to serve customers in the Brazilian market.

Sika AG is the second most active company in the tile & stone adhesives market. It is a specialty chemical company that operates through two business segments: construction industry and industrial manufacturing. In the construction industry business segment, Sika manufactures products for roofing, waterproofing, flooring, and concrete. Tile adhesives are produced under the construction industry segment.
The company has subsidiaries and over 300 manufacturing facilities across 100 countries. It has a strong customer base and business operations in Europe, North America, Asia Pacific, South America, Africa, and the Middle East.
• In February 2022, Sika expanded in Tanzania to supply locally produced mortars and tile adhesives in addition to concrete admixtures by eliminating the need for long transport routes and ensuring rapid and reliable delivery to customers. Its site extension in Ivory Coast allows the company to double production capacities in tile adhesives and repair mortars while simultaneously increasing warehousing capacities.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/tile-stone-adhesive.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/tile-stone-adhesive-market.asp

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.