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Tile Adhesives & Stone Adhesives Market worth 4.10 Billion USD by 2021

 



(EstateNewsWire.com, December 13, 2019 ) The report "Tile Adhesives & Stone Adhesives Market by Chemistry (Cementitious and Epoxy), Application (Residential, Commercial, and Institutional), and Type of Construction Activity (New Construction and Repairs & Renovation) - Global Forecast to 2021", The tile adhesives & stone adhesives market size was USD 2.37 Billion in 2015 and is projected to reach USD 4.10 Billion by 2021, registering a CAGR of 9.4% between 2016 and 2021.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117335016

There are increasing applications of tile adhesives in the housing, commercial, and infrastructure sectors in Asia-Pacific and the Middle East & Africa as a result of increased awareness about its benefits. In addition to this, the demand for ceramic and porcelain tiles are growing globally due to their low cost and maintenance, which is driving the market for tile & stone adhesives.

New construction is the largest segment of the tile & stone adhesives market.

New construction is the largest segment of the tile adhesives & stone adhesives market, as huge residential projects are planned by the developing regions in countries such as Saudi Arabia, Qatar, Mexico, Malaysia, and Vietnam. Moreover, the government of each country has substantially increased the investment patterns to enhance the living standards of people.

Cementitious to be the preferred chemistry by infrastructure companies and is expected to witness the highest growth

The cementitious segment of the market is expected to witness the highest growth during the forecast period. It is a preferred choice, as polymer-modified cementitious chemistry bonds a wide range of ceramic and porcelain tiles to concrete substrates. The price of these adhesives is the lowest, as cement is available abundantly. In addition to this, cementitious adhesives are being modified with new chemistries to replace costly epoxy and polyurethane chemistries.

Don't miss out on business opportunities in Tile Adhesives & Stone Adhesives Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=117335016

Browse in-depth TOC on “Tile Adhesives & Stone Adhesives Market”
110 - Market Data Tables
40 - Figures
139 - Pages

Asia-Pacific is the largest market for tile & stone adhesives

The Asia-Pacific region is the fastest-growing segment of the tile adhesive market. This growth is mainly attributed to high economic growth rate, followed by growing demand for ceramic tiles in the residential and commercial applications and rising demand for infrastructure development, maintenance, and renovation, which is eventually driving the tile & stone adhesives market. The Asia-Pacific and RoW markets are estimated to witness significant growth in the next five years with the allied industries expected to stabilize the overall business requirement in the respective regions.
The key players in the tile & stone adhesives market are Bostik Inc. (France), Mapei (Italy), Ardex GmbH (Germany), Laticrete (U.S.), and Saint-Gobain Weber (France).

Get this report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=117335016

Bundle Reports:
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• Methyl Methacrylate Adhesives Market
• Acrylic Resin Market
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