Tile Adhesive Market

Market Overview

The global tile adhesive market size was valued at USD 1,839.2 million in 2021. It is expected to reach USD 3,467.5 million, growing at a CAGR of 7.3% during the forecast period (2022–2030).

Flooring is essential to any structure, as it enhances the beauty and appeal of every room and, ultimately, your home. Because they are inexpensive and highly durable, tiles are the most common flooring material. Tile adhesive is a glue used to adhere to tiles throughout the house. Tile adhesive is a ready-to-use mixture of Portland cement, polymers such as epoxy, and selected aggregate particles. Various additives have been added to improve its tile-laying properties.

Adhesives for tiling are used to adhere tiles to walls, floors, swimming pools, etc., which may be made of cement, wood, glass, etc. Primarily, they are composed of cement, epoxy, and polymer.

Tile adhesive is a flexible material that does not shrink or crack as humidity and temperature change. Tile adhesive is used to prevent tiles from breaking and shedding. It is straightforward to use a tile adhesive, as it is available in ready-to-use bags and requires only the addition of water. Additionally, pre-mixed adhesives for tiling are now available on the market. They are also used to prevent or repair water seepage beneath the tiles.

In addition, worker migration and informal sector workers harmed the tile and marble adhesives industry's supply chain and production activities. Due to the lockdown's effect on cash flow, prospective buyers were reluctant to take out loans or pay higher EMIs for new residential and commercial spaces. Closing malls, offices, businesses, gyms, gaming zones, and movie theatres have led to a decline in demand for commercial infrastructure spaces. If World Health Organization (WHO) and government rules for preventing infection and other corrective measures are adhered to, the tile and marble adhesives industry is projected to recover.

Market Dynamics

Global Tile Adhesive Market Drivers

Rising Reconstruction and Renovation Activities to Aid Growth

Increasing commercial and residential construction and renovation activities worldwide are anticipated to increase the demand for flooring, thereby increasing the need for tile and stone adhesives. Diverse government initiatives designed to promote industrial expansion, tourism, and development will contribute to the rapid growth. The Indian government, for instance, has pledged to invest USD 1.4 trillion in the National Infrastructure Pipeline (NIP) by 2030, with urban infrastructure accounting for 16% of the total.

In addition, the Las Vegas Convention Center people mover tram, a 1.5-mile-long underground tunnel, is one of the megaprojects anticipated to increase demand for tile adhesives in the United States. Marble floors are also commonly found in kitchens and bathrooms. Population growth is one of the primary factors driving residential construction. The development of the global tile and marble adhesives market is anticipated to be bolstered by the proliferation of new residential spaces and properties to address the growing population's housing shortage.

Growing Popularity of Open-air Entertaining Spaces to Drive Market

The popularity of outdoor hotels, cafes, play areas, swimming pools, and lounges has skyrocketed over the past decade. These areas are typically constructed to be aesthetically pleasing. Ceramic tiles, stones, and marble are all luxurious flooring options. In addition, the hotel and lodging industry is thriving due to the expansion of the tourism industry. The high demand for tiles and marble for developing such areas will drive the tile and marble adhesives market.

Global Tile Adhesive Market Restraints

Presence of Substitutes of Tiles to Restrict Market Growth

Wood, vinyl flooring, composite flooring, and cement flooring are available on the market as alternatives to tiles and marbles. Adopting these flooring options is likely to reduce demand for tiles and marble, dampening the market for adhesives for these materials. So the companies need to create something new, or they have to take the tiles and marble markets to new heights where they have less competition and more dynamism.

Segmental Analysis

Based on type, the global tile adhesive market is segmented into Cementitious, Epoxy, and other Chemistries, including Acrylic and Polyurethane. Cement is readily available and compatible with various ceramic and porcelain tiles, making cement the most popular chemistry worldwide. Epoxy tile adhesives are utilized in residential and commercial settings, including hospitals and pharmaceutical companies (bathrooms and kitchens).

Based on application, the global tile adhesive market is segmented into Wall Tile, Floor Tile, Ceiling Tile, Indoor Tiles, Outdoor Tiles, and Swimming Pool Tiles. In this segment, the wall, ceiling, and floor tiles are mainly used, dominating the others in this process.

Based on end-user, the global tile adhesive market is divided into Residential, Commercial, and Institutional.

Residential is one of the tile & stone adhesives markets' fastest-growing applications in countries such as India, Indonesia, Vietnam, and Malaysia due to the respective governments' plans for massive residential construction projects. In countries such as the UAE, Oman, Kuwait, and Saudi Arabia, the institutional market, which includes hotels, hospitals, colleges, and universities, is expanding. In regions such as the Middle East & Africa, Asia-Pacific, and Latin America, the commercial sector, which includes IT offices, manufacturing company offices, shopping malls, airports, and metros, is a growing market. The fastest-growing application of tile & stone adhesives worldwide is institutional, followed by residential and commercial.

Based on technology, the tiles adhesive market is segmented into Water-Based Adhesives, Solvent-Based Adhesives, and Hot-Melt Based Adhesives.

Regional Analysis

The global tile adhesive market share is primarily classified into three regions, namely North America, Europe, Latin America, the Middle East and Africa, and Asia-Pacific.

Asia-Pacific has dominated the regional market for tile, and marble adhesive is anticipated to be driven by rising residential and commercial construction projects. China, for instance, approved 26 infrastructure projects. In developing nations such as India and China, demand for cementitious adhesives is expected to be robust. According to research conducted by the Association of Italian Manufacturers of Machinery & Equipment for Ceramic (ACIMAC), Asia utilizes 69 percent of all tiles manufactured worldwide. Additionally, easy access to raw materials and labor is anticipated to facilitate expansion.

Due to the presence of many manufacturers, Europe is likely to experience significant growth in Tile Adhesive Market. Increasing the number of people constructing and renovating residential spaces will stimulate economic expansion. It is anticipated that change will be fueled by increased spending on the interiors and exteriors of residential areas and an increase in disposable income. Moreover, high marble production in countries such as Spain and Italy can significantly boost the market growth.

Due to the rising demand for tile and marble flooring in commercial and corporate settings, North America will likely experience substantial growth. Industrial expansions and establishing corporate headquarters in the United States will contribute to market expansion.

Industrialization and urbanization in Brazil, Mexico, Argentina, and Colombia will likely stimulate substantial economic expansion in Latin America. The number of government initiatives to promote construction and infrastructure development is anticipated to increase.

The Middle East and Africa are anticipated to grow steadily due to the numerous development projects spawned by the booming tourism industry. For example, throughout the upcoming Dubai Expo 2020 and FIFA 2020 events, the demand for tile and marble adhesives is likely to remain high.

Recent Developments

• March 2022 - Bostik has concluded a distribution agreement with DGE for Europe, the Middle East and Africa. The deal, valid as of January 2022, includes Born2BondTM engineering adhesives designed for ‘by-the-dot’ bonding applications in selected industries, such as automotive, electronics, luxury packaging, medical devices, and MRO; as well as Bostik’s Industrial Adhesives & Sealants used in the manufacture and assembly of components across a diverse range of industrial sectors.
• Feb 2022 - Our parent company, Arkema, finalized on 28 February 2022 the acquisition of Ashland’s Performance Adhesives business, a first-class leader in high-performance adhesives in the United States. This operation marks a significant step in Arkema’s strengthening of its Adhesive Solutions segment and fully aligns with the Group’s strategy to become a pure Specialty Materials player by 2024.

Tile Adhesive Market Segmentation

Based on Type

• Cementitious
• Dispersion
• Reaction Resin
• Global Ceramic

Based on Application

• Wall tile
• Floor tile
• Ceiling tile
• Indoor tiles
• Outdoor tiles
• Swimming pool tiles

Based on End-User

• Residential
• Commercial
• Industrial

Based on Technology

• Water-based Adhesives
• Solvent-based Adhesives
• Hot-melt based Adhesives

Based on Region

• North America
• Latin America
• Europe
• Asia-Pacific
• The Middle East and Africa