Tile adhesives and stone adhesives are materials that are used to adhere to ceramic tiles and stone surfaces such as granite, marble, and slate. These adhesives are specifically designed to form a strong bond between the material and the substrate, preventing the tiles from coming loose or cracking over time. Cementitious, acrylic, and epoxy adhesives are the most common types of tile adhesives. Cementitious adhesives, the most traditional and widely used type of adhesive, are composed of cement, sand, and water. Acrylic adhesives are a more recent development that is typically used on lighter surfaces such as porcelain, glass, and ceramic tiles. Epoxy adhesives are the most powerful adhesives available and are ideal for bonding heavy materials like natural stone. The global tile & stone adhesives market size is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.0%.
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The cementitious segment is expected to register highest CAGR, by chemistry, during the forecast period.
During the forecast period, the cementitious segment is expected to have the highest CAGR. Because of their superior properties such as high bond strength, water resistance, and ease of application, cementitious tile adhesives and stone adhesives are becoming more popular in the construction industry. Cementitious adhesives are made of cement, sand, and other additives and are used for ceramic tiles, stone, and other materials. They are strong, hard, and long-lasting, with excellent adhesion and strength. These adhesives are used in flooring, wall cladding, and countertops in residential, commercial, and industrial settings. Furthermore, rising demand for cementitious tile adhesives and stone adhesives in the residential and commercial construction sectors is expected to drive growth.
The repairs & renovation segment is expected to grow at the same growth rate as new construction in the tile & stone adhesives market during the forecast period.
Due to increased renovation activities around the world, the repairs & renovation segment in the tile & stone adhesives market is expected to grow at the same rate as new construction. The majority of existing buildings are being remodeled or renovated to become more energy efficient, which is driving demand for tile and stone adhesives in the repairs and renovation segment. Increasing consumer preference for renovating existing structures is expected to drive demand for tile and stone adhesives during the forecast period. European and North American countries, where carpets and rugs are most commonly used in flooring, have begun to prefer tiles over traditional flooring methods, which will boost the repairs and renovation segment, gradually increasing demand for tile and stone adhesives.
The tile & stone adhesives market in Asia Pacific is expected to register the highest CAGR during the forecast period.
Some of the major reasons propelling the expansion of the tile & stone adhesives market in the Asia Pacific are the expanding construction sector in the region, rising disposable income, and the rising need for visually pleasing and long-lasting flooring solutions. Further factors driving up demand for tile & stone adhesives in the area include increased urbanization, rising government investments in infrastructure development, and rising rehabilitation and remodeling activities. The market for tile and stone adhesives in the Asia Pacific has also expanded as a result of the availability of a wide variety of products and the presence of numerous local and foreign manufacturers.
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Major players operating in the tile & stones adhesives include ARDEX Group (Germany), Terraco Group (UAE), Sika AG (Switzerland), Saint-Gobain Weber (France), H.B. Fuller (US), Mapei S.p.A (Italy), Fosroc International Limited (UK), Pidilite Industries Limited (India), Laticrete International, Inc. (US), and Arkema (Bostik) (France) and others.
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