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Floor Adhesives Market Trends

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

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Floor Adhesives Market Trends

One significant trend is the increasing demand for environmentally friendly and low-VOC (volatile organic compound) adhesive formulations, driven by growing awareness of sustainability and regulatory requirements. Manufacturers are investing in research and development to create adhesives that meet these eco-friendly standards without compromising performance. Another notable trend is the rising adoption of innovative technologies such as moisture-cured and hybrid adhesives, which offer improved bonding strength and versatility across various flooring materials and substrates.

Furthermore, the market is experiencing a shift towards more specialized adhesives tailored to specific applications, such as high-temperature resistance adhesives for underfloor heating systems or rapid-setting adhesives for time-sensitive projects. The proliferation of construction activities, particularly in emerging economies, is fueling the demand for floor adhesives, while the trend of DIY home improvement projects is boosting sales in the retail sector. Additionally, digitalization and e-commerce platforms are facilitating easier access to a wider range of adhesive products, enabling consumers to make informed purchasing decisions.

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.