Tile grout and adhesive are the special kind of mixture that is used to fill gaps or used as reinforcement in existing structures. Hence it used to seal the joints in the flooring that raises demand for the tiles grout and adhesives market. The increasing commercial and industrial sectors are boosting the need for the tile grout and adhesives market. The rise in the trend of thermally treated tiles and increasing installation of ceramic flooring is anticipated to drive the growth of the market.
MARKET DYNAMICS
The sealing of tiles with grout and adhesive makes it water-resistant to avoid discoloration. Additionally, these grout and adhesives eliminate the threat of mold and mildew caused due to moisture by restricting water enter through the gaps between the tiles. Hence it widely used to fill the gap between tiles that drive the growth of the tile grout and adhesives market. However, the use of mortar instead of grout and adhesive, also lack awareness about grout and adhesive may restraint the growth of the market. Increasing residential construction such as townhouses, bungalows, and row houses with attractive flooring is expected to drive the growth of the tile grout and adhesives market.
MARKET SCOPE
The "Global Tile Grout and Adhesives Market Analysis to 2028" is a specialized and in-depth study of the tile grout and adhesives industry with a special focus on the global market trend analysis. The report aims to provide an overview of tile grout and adhesives market with detailed market segmentation by type, application and geography. The global tile grout and adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tile grout and adhesives market players and offers key trends and opportunities in the tile grout and adhesives market.
MARKET SEGMENTATION
The global tile grout and adhesives market is segmented on the basis of type, application. On the basis of product type the market is segmented as grout, adhesives. On the basis of application the market is segmented as residential, industrial, and commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global tile grout and adhesives market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tile grout and adhesives market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting tile grout and adhesives market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the tile grout and adhesives market in these regions.
MARKET PLAYERS
The reports cover key developments in the tile grout and adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from tile grout and adhesives are anticipated to lucrative growth opportunities in the future with the rising demand for tile grout and adhesives in the global market. Below mentioned is the list of few companies engaged in the tile grout and adhesives market.
The report also includes the profiles of key tile grout and adhesives companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Ardex GmbH
- Arkema Group
- BASF SE
- Henkel AG & Co. KGaA
- LATICRETE International, Inc.
- Pidilite Industries Limited
- Saint-Gobain Group
- SCHOMBURG GmbH & Co. KG
- Sika AG
- The Dow Chemical Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.