Floor Adhesive Market With Complete SWOT Analysis by Forecast to 2030
Floor Adhesive Market Report 2025 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The global Floor Adhesive market size was estimated at USD 9.5 billion in 2023 and is projected to reach USD 13.8 billion in 2030 at a CAGR of 5.5% during the forecast to 2030.
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Asia Pacific to Dominate the Market
Asia-Pacific has been observed to exert a dominating influence over the market for floor adhesive. This phenomenon can be attributed to a confluence of different demographic and socio-economic factors that have contributed to the sustained and substantial growth of this sector in the region.
Steadily increasing population of the region, which has resulted in a corresponding increase in demand for high-quality and reliable floor adhesive solutions.
Competitive Landscape
· Wacker Chemie Ag
· Forbogroup
· Pidilite Industries Ltd.
· Laticrete International, Inc.
· Roberts Consolidated Industries, Inc.
· Bona Orgnr
· Ardex
· Mapei S.P.A.
· Sika Ag
· Henkel Ag & Co. Kgaa
· Basf Se
· 3m
· Bostik
· H.B. Fuller and More
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Flooring adhesive, a type of durable and robust glue, is utilized to bind flooring components to a subfloor or underlayment. This sticky substance, also known as floor adhesive, performs the crucial task of securely fastening the surface covering material to the subfloor or underlayment.
A wide range of floor adhesives are available, including polymeric adhesives and derivatives, polyurethane adhesives, dispersion adhesives, alcohol adhesives, and others. These floor adhesives are classified based on their intended usage, which could be in the residential, commercial, or industrial sectors.
Recent Developments
In August 2021, Arkema has recently committed to procuring Ashland's Performance Adhesives business in the United States. This strategic move is in line with Arkema's objective of achieving a status as a pure specialty material player, with a focus on sustainable, high-performance solutions.
In March 2021, Sika has successfully acquired the flooring adhesives business of DriTac, an esteemed US-based company that specializes in floor-covering adhesives. This strategic move has effectively strengthened Sika's foothold in the industry, particularly among floor covering installers and distributors.
The Floor Adhesive Market is segmented into various segments such as by Type, by Technology, by End-Use, by Application and Region:
Based on Resin Type
· Epoxy
· Polyurethane
· Acrylic
· Vinyl
Based on the Technology
· Water-Based
· Solvent-Based
· Hot-Melt
Based on the End-Use
· Residential
· Commercial
· Industrial
Based on Application
· Tile & Stone Floor
· Wood Floor
· Carpet Floor
· Laminate Floor
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