Pdf for Floor Adhesive Market

Floor Adhesive Market Future growth & global
Challenges 2017 – 2024: Global Market Insights, Inc.
Floor Adhesive Market size is likely to grow at a moderate CAGR over the forecast
period. Floor adhesives are one of the most important elements used across
industrial, residential and commercial applications Product finds widespread
applications in the aforementioned industries owing to its superior adhesion
properties and cost effectiveness which makes it preferable in the current growing
market. Welding, mechanical fastening etc. will make noteworthy contribution to
floor adhesives market size during the forecast period.
Rapid industrialization and urbanization in Asia Pacific which is attributed to growing
population has propelled construction industry which in turn will have positive
adhesion properties. Moreover, rising disposable income and improving living
standards in Asia Pacific has propelled product demand in the infrastructure industry
owing to its wide-ranging applications in interior decoration which in turn will drive
floor adhesives market size by 2024.
Additionally, product finds widespread applications in automotive industry in
padding, carpet attachment, composite bonding, sound deadeners and accessory
bonding. Product possess some value-added advantages including improving fuel
efficiency as it makes the vehicle light weight which makes it preferable in the
automotive industry. Strong product impact on the floor adhesive market size during
the forecast period. This is primarily due to the fact that it is one of the main element
in the construction industry for floor setting, panel setting and insulation owing to its
excellent demand across automotive industry in North America is likely to help attain
substantial gains to floor adhesives market size over the projected timespan.
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Market research reports: Key analytical components
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Based on type, the floor adhesives market size is segmented into epoxy, urethane,
acrylic, vinyl and others such as polyvinyl acetate, polyurethane etc. Acrylic is the
most commonly used floor adhesive primarily due to its superior properties including
better adhesion and suitability for multiple terrains. It offers up front pressure
sensitive properties and develops a strong bond to withstand heavy rolling loads. It
even offers the flexibility of installing over porous and nonporous substrates.
Based on application, the floor adhesives market size is segmented into tile & stone,
carpet, wood, laminate and others including linoleum, cork etc. Product is
extensively used in flooring applications for pasting the tile and stone floors. Most of
the regions prefer the tile and stone flooring followed by wood.
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Based on the end-user, the floor adhesive market is segmented into residential,
commercial and industrial. Floor adhesives are available for almost every type of
floorings, it is mostly used in residential and commercial purposes. Designer vinyl
floorings are currently being used the most in houses which requires floor adhesives
for its applications Growing awareness about environment and ability to cut cost is
pushing floor adhesive market drastically.
Regionally, Global Market Insights, Inc.’s floor adhesive market research has the
most in-depth, country focused estimates and forecasts for decision makers across
the globe. An exhaustive list of company profiles for organizations active in the floor
adhesive market supports the regional analysis and information offering a
competitive outlook on the industry. For each segment analyzed in this research,
whether it is by product, application, material or end-use, a regional overview with
historical data and floor adhesive market forecast is provided to the reader. Such a
cross-segmentation research analysis is also unique to reports by Global Market
Insights, Inc.
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Some of the leading floor adhesive market players are Bostik, BASF, The Dow
Chemical Company, 3M Company, Sika, Du Pont, Huntsman, Pidilite and Henkel AG.
In November 2017, Bostik wholly acquired XL Brands, it is a floor adhesive leader in
North America to expand its market globally.
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