The global ceramic adhesives market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Increasing building & construction activities, Rise in population in developed as well as developing economies, shift towards environment-friendly & green products and growing infrastructure development projects are some key factors influencing thye market growth. Increase in demand for low VOC, green, and sustainable ceramic adhesives is other factor responsible for market growth. However, factors such as volatility in raw materials prices is the key factor hindering the market growth.
Global ceramic adhesives market segmented on the basis of chemistry type, application and region.
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Acrylic Dominate the Global Ceramic Adhesives Market
Based on chemistry type, global ceramic adhesives market segmented into acrylic, cement-based, epoxy, cyanoacrylate, silicone and others. Acrylic held considerable market share during estimated period. Acrylic is a transparent plastic material with outstanding strength, stiffness, and optical clarity. Acrylic sheet is easy to fabricate, bonds well with adhesives and solvents, and is easy to thermoform. It has superior weathering properties compared to many other transparent plastics. They are extremely versatile for decorating various craft projects including ceramics.
Asia Pacific Leads the Global Ceramic Adhesives market
PBI’s global Ceramic Adhesives market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. Asia Pacific accounted for larger revenue share in global ceramic adhesives market with considerable CAGR. The growth in this region can be attributed to high construction spending in the residential sector, rapid industrialization, the availability of raw materials in several economies and availability of cheap labor in the region. In addition, North America held considerable market share during predicted period.
Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players
Global Ceramic Adhesives market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.
Key player’s profiles in the report are 3M (US), Ardex (Germany), BASF (Germany), Bostik (France), Fosroc (UK), H.B. Fuller Construction Products (US), Henkel (Germany), Laticrete International (US), MAPEI (Italy), Saint-Gobain Weber (France), Sika (Switzerland) and Terraco (Sweden).
Precision Business Insights (PBI) in its report titled “Global Ceramic Adhesives Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.
By Chemistry Type
o Building & Construction
o North America
• Rest of Europe
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• South Africa
• Rest of MEA
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