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Floor Adhesives Market Share

Report ID: GMI2359
Published Date: Apr 2024
Report Format: PDF

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Floor Adhesives Market Share

Floor Adhesives Market Company Share, (2023)

The competitive landscape of the floor adhesive market presents a mix of established global players and regional manufacturers, resulting in a moderately fragmented market. Key players such as Sika Group, Mapei, and Bostik Pro Flooring dominate the market with their extensive product portfolios, strong brand reputation, and global distribution networks. These companies continuously innovate to offer advanced adhesive formulations catering to diverse flooring materials and applications, thus maintaining their competitive edge.

Additionally, multinational corporations like H.B. Fuller, Dow, and Henkel Adhesives leverage their technological expertise and financial resources to expand their market presence and capture a significant share of the market. Regional players such as Pidilite in India and Forbo in Europe also play vital roles, catering to specific regional preferences and regulations. Furthermore, niche players like Jowat Adhesives, Cattie Adhesives, and DAP Global Inc. focus on specialized adhesive solutions, serving niche markets or addressing specific customer needs. Overall, while a few major players dominate the market, the presence of numerous regional and niche players adds to the market's fragmentation, fostering competition and innovation in the floor adhesive industry.

Floor Adhesives Market Companies

Major players operating in the market include:

Bison
Bostik Pro Flooring
Cattie Adhesives
DAP Global Inc.
Dow
Forbo
H.B. Fuller
Henkel Adhesives
Jowat Adhesives
Magicrete
Mapei
Pidilite
Saint-Gobian Weber
Sika Group
WW Henry

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for floor adhesives recorded USD 9.5 billion in 2023 and is expected to register over 5.8% CAGR from 2024 to 2032, owing to the rapid urbanization, increasing construction activities, and the growing popularity of do-it-yourself (DIY) home improvement projects.

The epoxy resin segment in the floor adhesives industry reached USD 3.3 billion in 2023 and is expected to depict substantial growth from 2024 to 2032, owing to their widespread use in demanding industrial and commercial flooring installations.

Asia Pacific industry accumulated a revenue of USD 3.3 billion in 2023 and is expected to expand at notable CAGR from 2024 to 2032, due to the rise of DIY culture and renovation activities in urban households.

Bison, Bostik Pro Flooring, Cattie Adhesives, DAP Global Inc., Dow, Forbo, H.B. Fuller, Henkel Adhesives, Jowat Adhesives, Magicrete, Mapei, Pidilite, Saint-Gobian Weber, Sika Group, WW Henry are some of the major floor adhesives companies worldwide.