Tile Adhesives Market Size Worth $ 5.04 Billion by 2032 | CAGR: 7.4%

The global tile adhesive market size is expected to reach USD 5.04 billion by 2032, according to a new study by Polaris Market Research. The report “Tile Adhesive Market Share, Size, Trends, Industry Analysis Report, By Type (Cementitious, Dispersion, Reaction Resin); By Application; By End Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing demand for tiles is indeed driving the growth of the tile adhesive market. This trend is evident in the success of companies like Topps Tiles, the UK's biggest tile specialist. It has reported record sales, which they attribute to factors such as nationwide store coverage and rising popularity of the product. Their group revenues for the six months leading up to April 1 exceeded £130 million, showing a growth rate of 9.3% compared to 2022. Their average sales per store have increased by 30% compared to 2019, indicating a rising demand for tiles among consumers.

As the sales of tiles increase, there is a higher demand for tile installations in various construction projects, including residential, commercial, and infrastructure. Tiles are commonly used for flooring, wall coverings, and other applications. Each installation requires the use of tile adhesive to securely bond the tiles to the surface. Therefore, the growing sales of tiles directly translate into a higher demand for tile adhesives.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/tile-adhesives-market/request-for-sample

The growth in urban population is driving the need for improved infrastructure, including transportation systems, airports, seaports, and utilities. Infrastructure projects of this scale typically involve extensive tiling applications, such as in subway stations, airports, and public spaces. As a result, the demand for tile adhesives rises significantly. As per the UN World Urbanization Prospects 2018 report, India is projected to witness substantial growth in its urban population, increasing from 410 million in 2014 to 814 million by 2050.

Currently, approximately 34% of Indians reside in urban areas, and this proportion is expected to reach 46% by 2025. The expansion of urban areas necessitates a substantial increase in construction activities. As more cities and urban centers are developed to accommodate the growing population, there will be a surge in construction projects such as residential complexes, commercial buildings, and infrastructure development. These projects require extensive tiling, creating a higher demand for tile adhesives.

Tile Adhesive Market Report Highlights

• Cementitious grown at the fastest rate, due to its strong bonding and durability.
• Floor segment accounted for the larger market share owing to the rising demand due to large surface area.
• Commercial segment dominated the market, due to the increasing demand for tile installations in commercial settings.
• APAC is projected to register a higher growth rate, owing to the expanding real estate sector in developing countries like India.
• North America held the largest share owing to the increased construction activities in the region.
• The global players include Mapei, Laticrete, Ardex, Bostik, Sika, Ceresit, Weber, Henkel Corporation, H.B. Fuller & Saint-Gobain Weber.

Polaris Market Research has segmented the tile adhesive market report based on type, application, end use and region:

Tile Adhesive, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Cementitious
• Dispersion
• Reaction Resin

Tile Adhesive, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Wall
• Floor
• Ceiling
• Others

Tile Adhesive, End Use Outlook (Revenue - USD Billion, 2019 - 2032)

• Residential
• Commercial
• Industrial and Institutional

Tile Adhesive, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia

Tile Adhesive Market Report Scope