Global “Stone and Tile Adhesives & Sealants Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Stone and Tile Adhesives & Sealants in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Stone and Tile Adhesives & Sealants Market report categorizes the market based on manufacturers, regions, type, and application. Stone and Tile Adhesives & Sealants Market reports offer a detailed assessment of the Stone and Tile Adhesives & Sealants including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Stone and Tile Adhesives & Sealants market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The market for stone and tile adhesives & sealants is expected to register a moderate CAGR during the forecast period, 2018 to 2023. This growth is primarily driven by the rapidly increasing number of residential projects and an increase in usage of ceramic and thin porcelain decorative tiles.
Rapidly Increasing Number of Residential Projects
The increasing middle-class population, coupled with their increasing disposable income, has facilitated the expansion in the middle-class housing segment, thereby, driving the residential construction across the globe. Asia-Pacific region is expected to witness the highest growth in terms of new residential construction projects, due to the expanding housing construction market in developing countries like China, India and ASEAN Countries. In India, the government initiated project named Housing for All by 2022, is expected to immensely drive the residential construction segment in the country, through the forecast period. The Chinese government has projected the capital expenditure in the construction of HK$ 23,923 million in its proposed budget for 2018-19, i.e. 7% higher than the budget allotted for the FY2017, in order to the construct more affordable flats. The governments of various European countries have also pledged their support to reduce the supply-demand gap, for housing. For instance, to reduce the United Kingdoms housing supply crisis, the Manchester city council has collaborated with other developers to build 500 sites, through individual development programs across Greater Manchester and Liverpool.
Vinyl Ester Chemistry Segment to Contribute Significant Demand to the Market
The vinyl ester family is one of the prominent polymers in the adhesive industry. The number of vinyl derivatives is very large and is produced either as an emulsion or as a solvent soluble type. Polyvinyl acetate (PVA) is the most preferred vinyl ester in the manufacturing of stone and tile adhesives. These adhesives are often mixed with other substrates to enhance the bond strength at different temperature ranges also. For instance, PVA adhesives are used in combination with melamine-based adhesives, in order to improve the working of adhesive in presence of water and at high-temperature conditions. Other processes, such as copolymerizing vinyl acetate with more hydrophobic monomers or functional monomers and blending PVA with additives and hardeners, are also done to achieve more efficient adhesion characteristics. Primers play a significant role in preparing surfaces, prior to the application of tile adhesive. PVA primers help to reduce the porosity of high absorbent substrates, which prevents the rapid suction of water out of the tile adhesive when applied. The market is flooded with PVA-based products that contain varying levels of PVA polymer. In choosing a general-purpose PVA for priming, the varying polymer levels will also result in a variation of film thickness that remains on the surface even after drying up of primer. Across the globe, there is an increasing demand for environment-friendly, technically well-performing, and easy-to-apply adhesives over the last few years. This demand is leveraged by adhesive manufacturers by involving PVA in the manufacturing of stone & tile adhesives.
North America to Dominate the Market
North America represented the largest regional market for global stone & tile adhesives & Sealants market in 2017. This immense demand for stone & tile adhesives & sealants is a consequence of the growing residential projects and an increase in adoption of various decorative & ceramic tiles in the region. In North America, the United States provides the major market for the stone & tile adhesives & sealants with more than 60% of the regional market share. The growing government spending and increasing FDIs into construction segment in the countries like Canada and Mexico are further augmenting the demand for stone & tile adhesives & sealants market. There is a growing demand for construction of single-family houses in North America. Despite the slight reduction in residential construction spending in the United States in 2017, rapid growth in the residential construction sector is expected in the forecast period.
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The global Stone and Tile Adhesives & Sealants market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Stone and Tile Adhesives & Sealants Market Report covers the Top Key-players in 2021:-
- 3M Company -Akemi -ARDEX Group -Arkema Group (Bostik SA) -BASF SE (MasterTile) -Braxton-Bragg -DowDuPont-Fosroc
- Inc. -H.B.Fuller -Henkel AG & Co KgaA -Laticrete International Inc.-Mapei Corporation-Pidilite Industries Ltd. -Sika AG -Superior Stone Products -Tenax -Wacker Chemie AG -Weber
Highlighted points of Stone and Tile Adhesives & Sealants Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Stone and Tile Adhesives & Sealants Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Stone and Tile Adhesives & Sealants? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Stone and Tile Adhesives & Sealants Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Stone and Tile Adhesives & Sealants Market? What Was Capacity, Production Value, Cost and PROFIT of Stone and Tile Adhesives & Sealants Market?
- What Is Current Market Status of Stone and Tile Adhesives & Sealants Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Stone and Tile Adhesives & Sealants Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Stone and Tile Adhesives & Sealants Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Stone and Tile Adhesives & Sealants Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Stone and Tile Adhesives & Sealants Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Stone and Tile Adhesives & Sealants Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Stone and Tile Adhesives & Sealants Industry?
Key Developments in the Stone and Tile Adhesives & Sealants Market:
Reasons to Purchase this ReportIdentify the current and future prospects of the global stone and tile adhesives & sealants market in the developed and emerging marketsAnalyze various perspectives of the market with the help of Porters five forces analysisInformation about the growth of the various product segments that are expected to dominate the marketRegional and country level analysis of the marketIdentify the latest developments, market shares, and strategies employed by the major market players3 months analyst support, along with the Market Estimate sheet (in Excel)
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Finally, the report Global Stone and Tile Adhesives & Sealants Market 2021 describes the Stone and Tile Adhesives & Sealants industry expansion game plan, the Stone and Tile Adhesives & Sealants industry knowledge supply, appendix, analysis findings, and the conclusion.
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