Published on: March 10, 2021
Floor adhesive market size will increase at a steady pace. The versatility, safety, and the ease of application of floor adhesives and the increasing demand for non-hazardous, green, and sustainable floor adhesives will be key factors influencing market growth during the forecast period. Mapei S.P.A, Bostik SA, Sika AG, Henkel AG & Co. KGaA, and The DOW Chemical Company are some of the key vendors in this marketspace.
This report provides a comprehensive analysis of the growth opportunities, market segmentations, prospects in various regions and key countries, implications of new market trends, and the impact of domestic and global market players.
Mapei S.P.A, Bostik SA, Sika AG, Henkel AG & Co. KGaA, and The DOW Chemical Company are some of the key floor adhesive market vendors covered in this report.
The market is competitive and with the upcoming number of growth opportunities for market vendors, the competitive landscape is set to intensify further. The key players are adopting various strategies including collaborations, M&As, and the development of innovative products to enhance their customer base.
Covering key vendor revenue, business expansion strategies, portfolio analysis, threat from new entrants and substitutes, and competitive benchmarking, our vendor analysis will help clients plan go-to-market strategies and new product launches.
The increasing demand for non-hazardous, green, and sustainable floor adhesives and the versatility, safety, and ease of application of floor adhesives are the key trends that will influence market growth. As a result, the market size will increase at a steady YOY rate during the forecast period.
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The floor adhesive market is catalogued under the specialty chemicals industry. This industry was worth $849.53 billion in 2020 and will grow at a moderate pace during the forecast period.
The growing demand for anaerobic adhesives in developing countries is a key factor that will drive specialty chemicals industry growth. Anaerobic adhesives are widely used for potting, bonding, and encapsulating critical components, including splice assemblies, connectors, and cable closures in the electrical and electronics industry. Because of the low cost of production of electronic components in China, Taiwan, and Indonesia, APAC had the largest share in the electrical and electronics manufacturing market in 2020. Due to the new government initiatives in countries such as India, there will be an increase in the production of electronics products in this region. This will subsequently drive the need for specialty chemicals such as anaerobic adhesives.
The global market for floor adhesive market has been segmented by type and geography. By type, the market has been classified into Epoxy, Urethane, Acrylic, and Vinyl.
Based on Geography
By geography, the report analyzes the market by key regions North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).
Regional-specific analysis also provide insights of the upcoming demand for Floor Adhesive Market across key countries in these regions.
Gain in-depth insights about your market that will aid in making strategic decisions related to market entry, partnerships, new product launch, and more.
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Accurate prediction on floor adhesive market CAGR, market size, and growth potential.
Insights on the market’s growth & opportunities in the global and regional levels.
Get a clear understanding on the business implications of key market trends.
Detailed analysis of market challenges and risks.
Comprehensive data that covers region-, segment-, and company-specific information.
Identify key competitors and the products/services they offer, their market share, and business strategies including investments & M&As.
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