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Tile & stone adhesive is an inorganic Portland cement polymer improved with aggregate particles and chemicals in the interfacial zone. It is used to fasten two different materials by means of surface attachment. In modern construction, ceramic tiles and mosaics, which are used for decoration and finishing, are attached to the surface by using tile adhesives. Abundant research & development for tiling technology was carried out in order to develop the current cement based modified adhesive. Development in modifier and additives is the primary factor to improve flexibility, workability and adhesion. In the construction industry, most adhesives are used to fasten decorative and finishing materials to the outside and insides of buildings. For instance, ceramic tiles are fastened to wooden and flexible floor coverings.

Tile & Stone Adhesive Market: Drivers and Restraints

The tile & stone adhesive market is expected to expand at a relatively high rate due to the growth in construction and manufacturing sectors in developing regions such as Asia Pacific. Demand for tile & stone adhesive is anticipated to increase in the next few years, led by the rise in repairs & rehabilitation activities in the construction industry and new construction of buildings. Many newly developed products give better performance and results. However, lower profit margins due to the usage of low-cost chemicals to reduce the overall construction cost are expected to restrain the market. Furthermore, high value and performance products have hampered the demand for tile and stone adhesives; these are used merely in premium construction projects. Price sensitive environment, low entry barriers for new entrants, and low awareness about good quality construction materials are estimated to adversely affect the tile & stone adhesive market in the near future. 

Tile & Stone Adhesive Market: Segmentation

The tile & stone adhesive market can be segmented based on product type into:

  • Cementitious adhesives
  • Epoxy adhesives
  • Polymer based adhesives

Cementitious adhesives are generally used in construction activities owing to their lower price. They are primarily used as ceramic floor tile adhesives and wall tile adhesives. Polymer modified cements and water resistant cements are appropriate for both internal and external usage. Epoxy resins are cold-curing adhesives that create high-strength durable bonds. They are resilient to water, oils, alkalis, dilute acids, and may be used externally or internally. Polymer based adhesives are suitable for fitting wall tiles in wet and damp conditions such as swimming pools and domestic showers. 

The tile & stone adhesive market can be segmented based on formulation type into:

  • Normal setting adhesives
  • Fast setting adhesives 

In terms of application, the tile & stone adhesive market can be segmented into:

  • Marble
  • Granite
  • Ceramic
  • Porcelain
  • Natural & agglomerated stones 

Tile & Stone Adhesive Market: Region-wise outlook

Based on geography, the global tile & stone adhesive market can be classified into five key regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently, Asia Pacific accounts for the major share of the tile & adhesive market across the globe. The tile & stone adhesive market in the region is poised to expand at a fast pace in the near future. Rapid growth in the urban housing sector in Asia Pacific is the key factor driving the tile & stone adhesive market. Product innovation, low cost of products, rise in adoption of modern techniques, and increase in infrastructure investments are anticipated to provide immense growth opportunities to the tile & stone adhesive market in developing regions such as Asia Pacific. 

Tile & Stone Adhesive Market: Key Market Players

Prominent players operating in the tile & stone adhesive market include:

  • Bostik SA
  • B. Fuller Construction Products Inc.
  • Pidilite
  • BASF
  • SIKA
  • FOSROC

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Tile Stone Adhesive Market

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