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Floor Adhesives Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Floor Adhesives Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Floor Adhesives Market: By Type (Epoxy, Urethane, Acrylic, Vinyl, Others), By Application (Tile & Stone, Carpet, Wood, Laminate, Others), By Technology (Water-Based Adhesive, Solvent-Based Adhesive, Hot-Melt Based Adhesive), By End User (Residential, Commercial, Industrial) and Geography

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Report

Description

Floor Adhesives Market size was valued at USD 63.7 billion in 2021. It is expected to reach a value of USD 82.1 billion by 2028, growing at a CAGR of 3.7% from 2022 to 2028. The global market provides a detailed overview, which has been segmented by type, application, technology, and end user. By type, the Floor Adhesives market has been segmented into Epoxy, Urethane, Acrylic, Vinyl, Others. The Epoxy segment is likely the most significant and fastest-growing segment in terms of type. By application, the market has been segmented into Tile & Stone, Carpet, Wood, Laminate, Others. The Tile & Stone segment holds a significant revenue share in the market. By technology, the Floor Adhesives market has been segmented into Water-Based Adhesive, Solvent-Based Adhesive, Hot-Melt Based Adhesive. The Solvent-Based Adhesive segment gains the maximum revenue share of the market. Based on the end user, the Floor Adhesives is segmented into Residential, Commercial, Industrial. According to precision business insights, the Commercial segment is predicted to register the fastest growth rate during the forecast period.

Key Development:

In Mar 2021, Sika acquired the flooring adhesives business of DriTac, a US-based floor covering adhesives company. Through this acquisition, Sika increased its presence among floor covering installers and distributors and accelerated its expansion in the interior finishing market in the United States.

Floor Adhesives Market

MARKET SUMMARY
-
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 8.2%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– Europe
Floor Adhesives Market

  • The global floor adhesives market report gives comprehensive outlook on Veterinary Rapid Test Market across the globe with special emphasis on key regions such as Asia Pacific, North America, Europe, Latin America, and Middle East and Africa.
  • The report on global floor adhesives market gives historical, current, and future market sizes (US$ Mn) on the basis of by type, application, technology, end user and Region.
Key Players
  • The Dow Chemical Company (U.S.)
  • Wacker Chemie AG (Germany)
  • ostik SA (France)
  • Forbo Holdings AG (Switzerland)
  • Pidilite Industries Limited (India)
Floor Adhesives Market Dynamics

Over the forecast period, market growth is expected to be boosted by rising investments in the construction industry, especially in the residential and commercial sectors. The demand for the product is driven by the shifting tendency toward renovating existing structures due to rising disposable income and a preference for aesthetic appeal.

Asia Pacific Got Significant Share

Floor Adhesives Market

The Asia Pacific market is expected to witness the largest market share during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Floor Adhesives Market Segmentation

segmentation-block-image

By Type

    • Epoxy,
    • Urethane,
    • Acrylic,
    • Vinyl,
    • Others
segmentation-block-image

By Application

    • Tile & Stone,
    • Carpet,
    • Wood,
    • Laminate,
    • Others
segmentation-block-image

By End User

    • Residential,
    • Commercial,
    • Industrial
Location

GEOGRAPHY

Frequently Asked Questions

The global adhesives market growing at a CAGR of 3.7% during 2022-28.

The major players in the global floor adhesives market are Mapei S.p.A. (Italy), Sika AG (Switzerland), Henkel AG (Germany), The Dow Chemical Company (U.S.), Wacker Chemie AG (Germany), Bostik SA (France), Forbo Holdings AG (Switzerland), Pidilite Industries Limited (India), H.B. Fuller (U.S.), and LATICRETE International, Inc (U.S.).

Asia-Pacific is the fastest-growing region for the floor adhesives market

Report

Table Of Content

1. Executive Summary
2. Global Floor Adhesives Market Introduction
2.1. Global Floor Adhesives Market – Taxonomy
2.2. Global Floor Adhesives Market –Definitions
2.2.1. By Type
2.2.2. By Application
2.2.3. By Technology
2.2.4. By End User
2.2.5. By Region
3. Global Floor Adhesives Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Floor Adhesives Market Dynamic Factors – Impact Analysis
3.6. Global Floor Adhesives Market – Competition Landscape
4. Global Floor Adhesives Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Floor Adhesives Market, By Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Epoxy
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Urethane
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Acrylic
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Vinyl
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Floor Adhesives Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Tile & Stone
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Carpet
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Wood
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Laminate
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3.  Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Floor Adhesives Market, By Technology, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Water-Based Adhesive
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Solvent-Based Adhesive
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Hot-Melt Based Adhesive
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Floor Adhesives Market, By End User, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Residential
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Commercial
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Industrial
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
9. Global Floor Adhesives Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Floor Adhesives Market – Opportunity Analysis Index, By Type, By Application, By Technology, By End User, and Region, 2022-2028
10. North America Floor Adhesives Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Epoxy
10.1.2. Urethane
10.1.3. Acrylic
10.1.4. Vinyl
10.1.5. Others
10.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Tile & Stone
10.2.2. Carpet
10.2.3. Wood
10.2.4. Laminate
10.2.5. Others
10.3. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Water-Based Adhesive
10.3.2. Solvent-Based Adhesive
10.3.3. Hot-Melt Based Adhesive
10.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Floor Adhesives Market – Opportunity Analysis Index, By Type, By Application, By Technology, By End User, and Country, 2022-2028
10.7. North America Floor Adhesives Market Dynamics – Trends
11. Europe Floor Adhesives Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Epoxy
11.1.2. Urethane
11.1.3. Acrylic
11.1.4. Vinyl
11.1.5. Others
11.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Tile & Stone
11.2.2. Carpet
11.2.3. Wood
11.2.4. Laminate
11.2.5. Others
11.3. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Water-Based Adhesive
11.3.2. Solvent-Based Adhesive
11.3.3. Hot-Melt Based Adhesive
11.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Floor Adhesives Market – Opportunity Analysis Index, By Type, By Application, By Technology, By End User, and Country, 2022-2028
11.7. Europe Floor Adhesives Market Dynamics – Trends
12. Asia-Pacific Floor Adhesives Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Epoxy
12.1.2. Urethane
12.1.3. Acrylic
12.1.4. Vinyl
12.1.5. Others
12.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Tile & Stone
12.2.2. Carpet
12.2.3. Wood
12.2.4. Laminate
12.2.5. Others
12.3. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Water-Based Adhesive
12.3.2. Solvent-Based Adhesive
12.3.3. Hot-Melt Based Adhesive
12.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Floor Adhesives Market – Opportunity Analysis Index, By Type, By Application, by Type, By End User, and Country, 2022-2028
12.7. Asia-Pacific Floor Adhesives Market Dynamics – Trends
13. Latin America Floor Adhesives Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Epoxy
13.1.2. Urethane
13.1.3. Acrylic
13.1.4. Vinyl
13.1.5. Others
13.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Tile & Stone
13.2.2. Carpet
13.2.3. Wood
13.2.4. Laminate
13.2.5. Others
13.3. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Water-Based Adhesive
13.3.2. Solvent-Based Adhesive
13.3.3. Hot-Melt Based Adhesive
13.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Floor Adhesives Market – Opportunity Analysis Index, By Type, By Application, By Technology, By End User, and Country, 2022-2028
13.7. Latin America Floor Adhesives Market Dynamics – Trends
14. Middle East and Africa Floor Adhesives Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
14.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Epoxy
14.1.2. Urethane
14.1.3. Acrylic
14.1.4. Vinyl
14.1.5. Others
14.2. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Tile & Stone
14.2.2. Carpet
14.2.3. Wood
14.2.4. Laminate
14.2.5. Others
14.3. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Water-Based Adhesive
14.3.2. Solvent-Based Adhesive
14.3.3. Hot-Melt Based Adhesive
14.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Residential
14.4.2. Commercial
14.4.3. Industrial
14.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Floor Adhesives Market – Opportunity Analysis Index, By Type, By Application, By Technology, By End User, and Country, 2022-2028
14.7. MEA Floor Adhesives Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Types, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Mapei S.p.A. (Italy)
15.2.2. Sika AG (Switzerland)
15.2.3. Henkel AG (Germany),
15.2.4. The Dow Chemical Company (U.S.)
15.2.5. Wacker Chemie AG (Germany)
15.2.6.  ostik SA (France)
15.2.7. Forbo Holdings AG (Switzerland)
15.2.8. Pidilite Industries Limited (India)
15.2.9. H.B. Fuller (U.S.)
16. Research Methodology
17. Key Assumptions and Acronyms
Report

Company Profile

  • Mapei S.p.A. (Italy)
  • Sika AG (Switzerland)
  • Henkel AG (Germany),
  • The Dow Chemical Company (U.S.)
  • Wacker Chemie AG (Germany)
  • ostik SA (France)
  • Forbo Holdings AG (Switzerland)
  • Pidilite Industries Limited (India)
  • H.B. Fuller (U.S.)

Description

Floor Adhesives Market size was valued at USD 63.7 billion in 2021. It is expected to reach a value of USD 82.1 billion by 2028, growing at a CAGR of 3.7% from 2022 to 2028. The global market provides a detailed overview, which has been segmented by type, application, technology, and end user. By type, the Floor Adhesives market has been segmented into Epoxy, Urethane, Acrylic, Vinyl, Others. The Epoxy segment is likely the most significant and fastest-growing segment in terms of type. By application, the market has been segmented into Tile & Stone, Carpet, Wood, Laminate, Others. The Tile & Stone segment holds a significant revenue share in the market. By technology, the Floor Adhesives market has been segmented into Water-Based Adhesive, Solvent-Based Adhesive, Hot-Melt Based Adhesive. The Solvent-Based Adhesive segment gains the maximum revenue share of the market. Based on the end user, the Floor Adhesives is segmented into Residential, Commercial, Industrial. According to precision business insights, the Commercial segment is predicted to register the fastest growth rate during the forecast period.

Key Development:

In Mar 2021, Sika acquired the flooring adhesives business of DriTac, a US-based floor covering adhesives company. Through this acquisition, Sika increased its presence among floor covering installers and distributors and accelerated its expansion in the interior finishing market in the United States.

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