In 2018, the global ceramic adhesives market was valued at approximately US$ 6,344.0 million and is projected to expand at a compound annual growth rate (CAGR) of 5.2% from 2019 to 2027, reaching an estimated US$ 9,931.8 million by the end of the forecast period.
Ceramic adhesives are increasingly utilized in applications involving wall and flooring tiles due to their remarkable attributes, including mechanical strength, resistance to chemicals, heat, and water, as well as thermal stability and durability. These characteristics make them a preferred choice for tiling projects. The current trend among consumers is to seek aesthetically pleasing and attractive flooring and interior designs for their homes, which is significantly driving the demand for ceramic adhesives. Manufacturers in this sector are focusing on developing products that are environmentally friendly, sustainable, and contain lower levels of volatile organic compounds.
The global market for ceramic adhesives is segmented by type into cement-based, epoxy, acrylic, and other categories. Among these, the cement-based segment holds the largest market share. This segment's growth can be attributed to its cost-effectiveness and superior bonding properties compared to other adhesive types. Cement-based adhesives are known for their durability and high mechanical strength, making them ideal for construction and building applications. As various types of flooring materials are increasingly used in construction projects, innovative adhesive products are becoming more popular.
Advancements in flooring and tiling adhesives are propelling the growth of the ceramic adhesives market. The rising consumer preference for decorative and visually appealing tiles is anticipated to further boost the demand for ceramic adhesives. Manufacturers are actively engaged in creating innovative ceramic adhesives that are eco-friendly and have low volatile organic compound content. The building and construction sector has been experiencing a significant increase in moisture-related claims, which is linked to the widespread use of floor coverings. Ceramic tile adhesives are being recognized as a modern solution for decoration, offering superior bonding capabilities compared to traditional adhesive materials. Additionally, the growing demand for attractive tiles in commercial spaces such as airports, shopping malls, and retail outlets is driving the ceramic adhesives market forward.
In the Asia Pacific region, the ceramic adhesives market is primarily led by China, followed closely by India. The rapid pace of industrialization and urbanization in these economies is positively influencing the growth of the ceramic adhesives market in the region. Furthermore, the market is expected to grow alongside the expansion of end-use industries. Emerging economies within the Asia Pacific are also contributing to the overall growth of the ceramic adhesives market, presenting significant opportunities for industry players.
Key players in the global ceramic adhesives market include 3M, Henkel, H.B. Fuller, Ardex Group, BASF SE, Bostik, Kerakoll, Mapei Spa, Sika AG, Norcros Plc, and Saint-Gobain, among others.
The overall size of the global ceramic adhesives market has been determined through a combination of primary and secondary research methods. The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data related to the ceramic adhesives market. Additionally, numerous primary interviews are conducted with industry participants and experts to validate the data and analysis. Participants typically include industry professionals such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the ceramic adhesives sector.