Overview

Global Floor Adhesive Market growing with a CAGR of 5.5% during the forecast period 2024-2031

Flooring adhesive is a durable, long-lasting glue used to bond flooring materials to underlayment or subfloors. Various adhesives are suited for specific flooring types, including noise-reduction membranes, porcelain and ceramic tiles, resilient tiles, and all types and sizes of wood flooring.

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Market Growth Trends

Long-term demand from the building and construction sector is expected to drive the market of floor adhesive

The building and construction industry relies on various adhesives for applications such as ceramic tile and stone, carpet installation, flooring underlayment, and resilient flooring. According to the World Economic Forum, the construction sector contributes 6% to the global GDP, equating to approximately USD 10 trillion. As population growth and housing demand continue to rise, the industry is expected to experience sustained growth, creating opportunities for flooring adhesive manufacturers.

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Market is Segmented

By Type:  Urethane, Epoxy, Acrylic, Vinyl

By Technology:  Water-Based Adhesive, Solvent-Based Adhesive, Hot-Melt Adhesive

By Application:  Ceramic Tile and Stone, Carpet, Wood, Others

By End-User:  Residential, Commercial, Industrial

By Region:  North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players

·         BASF SE

·         Sika AG

·         3M

·         Dow

·         Akfix

·         H.B. Fuller

·         Advanced Adhesive Technologies Inc.

·         MAPEI S.p.A.

·         Bostik

·         Henkel Adhesives Technologies India Private Limited

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