Dublin, Jan. 26, 2024 (GLOBE NEWSWIRE) -- The "Flooring Adhesive Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
The global market for flooring adhesives is undergoing significant growth, with a comprehensive analysis of this dynamic market now available. The latest report provides an in-depth look into the market trends, advancements in adhesive technology, and the forecasted expansion fueled by escalating construction activities and sustainable practices.
The flooring adhesive market is witnessing robust development, with Asia-Pacific leading in terms of market size and expected growth rate. Technology advancements within the industry and the surging demand for eco-friendly adhesive solutions are emerging trends shaping the global marketplace. Our in-depth market analysis covers the spectrum of flooring adhesive products, including their extensive applications across various flooring types and settings.
Key Highlights
- Significant growth is anticipated in the flooring adhesive market, with a forecasted global market size reach of $11.47 billion in 2028.
- Asia-Pacific's burgeoning construction sector plays a pivotal role in the market's expansion, offering substantial opportunities for industry players.
- Eco-friendly and sustainable adhesive solutions are in the spotlight, reflecting the industry's shift towards greener practices.
Market Drivers and Trends
The market is buoyed by several factors, including the ongoing global urbanization, increased infrastructural developments, and a heightened focus on sustainable construction methods. Innovations are continually being introduced, propelling the market forward with products designed for a range of applications, from residential to commercial and industrial environments.
Government investments in affordable housing and the rising demand for durable and resilient flooring options support the market's steadfast growth. Emerging nations are instrumental in this expansion as their economies invest in extensive building and construction projects.
Companies within this sector are increasingly leaning towards sustainability, creating offerings that align with environmental standards and reduce the carbon footprint of construction projects.
Leading Market Competitors
Key players in the flooring adhesive market are enhancing their market position through strategic innovations and acquisitions. Major industry participants are adopting cutting-edge technologies and expanding their geographical footprint, creating a competitive environment primed for growth.
Regional Analysis
The market report encompasses a geographic analysis that highlights the prominence of the Asia-Pacific region in the flooring adhesives marketplace. North America, Western Europe, Eastern Europe, South America, and the Middle East and Africa also receive detailed consideration within the report's scope.
This market research report on flooring adhesives is a vital resource for stakeholders, investors, industry participants, and anyone looking to understand the broader market dynamics. The data encompassing market sizes, shares, trends, and forecasts renders a complete view of the sector's current status and growth trajectory.
The flooring adhesive market's steady growth and the region's role in shaping the sector's future are central topics covered comprehensively within this newly published research.
A selection of companies mentioned in this report includes
- Mapei S.p.A.
- Sika AG
- Henkel AG & Co. KGaA
- Dow Inc.
- Wacker Chemie AG
- Bostik SA
- Forbo Holding AG
- Pidilite Industries Limited
- H.B. Fuller
- LATICRETE International Inc.
- Dupont De Nemours Inc.
- Parker-Hannifin Corp
- Arkema Group
- Tesa SE
- 3M Company
- Illinois Tool Works Inc.
- TecDura Surface Protection Systems
- Ardex GmbH
- Franklin Adhesives and Polymers
- Ashland Inc.
- Akzo Nobel N.V.
- BASF SE
- Bona AB
- DAP Products Inc.
- Huntsman Corporation
- ITW Performance Polymers
- Jowat SE
- LORD Corporation
- Mactac Americas
- Momentive Performance Materials Inc.
- Permabond LLC
- Royal Adhesives & Sealants
- RPM International Inc.
- Soudal Holding NV
- Super Glue Corporation
For more information about this report visit https://www.researchandmarkets.com/r/5dj40k
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