세계의 석재 및 타일용 접착제와 실란트 시장(2023-2030년)

Market Overview

Global Stone and Tile Adhesives and Sealants Market reached US$ 5.1 billion in 2022 and is expected to reach US$ 8.8 billion by 2030, growing with a CAGR of 8.1% during the forecast period 2023-2030.

The stone and tile adhesive and sealant market is witnessing steady growth and evolving with advancements in construction practices and materials. Adhesives and sealants play a crucial role in the installation and maintenance of stone and tile surfaces, providing bonding strength, durability, and protection against moisture and stains.

The rapid pace of urbanization across regions has played a vital role in boosting the demand for stone and tile adhesives and sealants. As construction practices evolve and sustainability becomes increasingly important, the demand for high-quality, environmentally friendly products in the stone and tile segment is expected to grow.

The Asia-Pacific region is a major player in the global stone and tile adhesives and sealants market, accounting for more than 1/3rd of the market share due to region's substantial population, high levels of disposable income, and significant growth in the construction market. Rapid urbanization and infrastructure development emerging countries have fueled the demand for stone and tile adhesives and sealants in construction projects, contributing further to the market's expansion in the Asia-Pacific region. Furthermore, the epoxy segment is experiencing rapid growth within the global stone and tile adhesives and sealants market and is on track to capture more than half of the market share in the type segment.

Market Dynamics

Technological Advancements and Sustainable Construction Practices

Technological advancements in the stone and tile adhesives and sealants industry are propelling market growth. Manufacturers are focusing on developing innovative products with improved bonding strength, flexibility, and resistance to environmental factors. Advanced formulations that offer easy application, reduced curing time, and enhanced durability are gaining popularity among end-users. Government support for research and development initiatives further drives technological advancements in the industry.

Sustainable construction practices are also driving the demand for eco-friendly and low-emission adhesives and sealants in the stone and tile industry. Governments worldwide are implementing regulations and standards to promote sustainable building practices. For instance, the Leadership in Energy and Environmental Design (LEED) certification program encourages the use of environmentally friendly materials and construction methods. Stone and tile adhesives and sealants with low volatile organic compounds (VOCs) and environmentally friendly formulations are gaining traction in the market, aligning with these sustainability initiatives.

Construction Industry Growth Specially the Growth in Renovation and Remodeling Activities

The construction industry plays a pivotal role in driving the global stone and tile adhesives and sealants market. The increasing demand for aesthetically pleasing and durable flooring and wall coverings in both residential and commercial constructions contributes to market growth. Government investments in construction projects, along with rising disposable incomes and changing consumer preferences, propel the demand for stone and tile adhesives and sealants. The World Bank estimates that the global construction industry is expected to grow by 4% in 2021, supporting the positive outlook for the market.

Renovation and remodeling activities in residential and commercial buildings are key drivers for the stone and tile adhesives and sealants market. The desire to enhance the aesthetic appeal and value of existing properties drives the demand for stone and tile installations. As per the United States Census Bureau, residential construction spending in U.S. increased by 14.9% in 2020. This renovation and remodeling trend creates opportunities for the market, as adhesives and sealants are necessary for the proper installation and maintenance of stones and tiles.

Lack of Skilled Labor, Intense Competition and Market Fragmentation

The stone and tile installation process require skilled labor to ensure proper adhesion, alignment, and finishing. However, the industry faces a shortage of skilled workers, especially in regions experiencing rapid urbanization and construction activities. The lack of trained professionals proficient in stone and tile installation techniques hampers the overall quality and efficiency of the installation process.

The constraint not only affects the market growth but also leads to potential issues such as improper adhesion, tile breakage, and compromised structural integrity. Governments and industry associations need to invest in training programs to address this skill gap and enhance the workforce's expertise.

Further, the global stone and tile adhesives and sealants market is highly competitive and fragmented, with numerous regional and international players operating in the industry. This intense competition poses challenges for manufacturers to differentiate their products and maintain market share. Price pressures, technological advancements, and changing customer preferences further contribute to the competitive landscape. Additionally, market fragmentation leads to a lack of standardization and varying quality of products, making it difficult for end-users to choose reliable and high-performance adhesives and sealants.

COVID-19 Impact Analysis

The COVID-19 pandemic had a significant impact on the global stone and tile adhesives and sealants market, resulting in disrupted construction activities, reduced consumer spending, supply chain disruptions, and a shift in market dynamics. According to data from the International Monetary Fund (IMF), the construction industry faced a contraction of 3.2% in 2020.

The respective decline in construction activities directly affected the demand for stone and tile adhesives and sealants, as new projects were put on hold and existing projects faced delays. such challenges led to a decline in the demand for stone and tile adhesives and sealants during the pandemic.

Further, the stone and tile adhesives and sealants market heavily relies on global supply chains for raw materials and components. The pandemic-induced lockdowns and restrictions disrupted these supply chains, causing shortages of raw materials, delayed deliveries, and increased transportation costs.

However, the demand for stone and tile adhesives and sealants is expected to recover as construction activities resume and consumer spending improve. Manufacturers and stakeholders in the industry need to adapt to the changing market dynamics and focus on innovation, sustainability, and meet evolving customer requirements to navigate the post-pandemic landscape successfully.

Segment Analysis

The global stone and tile adhesives and sealants market is segmented based on type, application, end-user and region.

The Rising Demand for Aesthetically Appealing Surfaces Along with Durability and Performance Benefits Associated with Epoxy-Based Products

The epoxy segment in the global stone and tile adhesives and sealants market has experienced significant growth due to factors such as the expansion of the construction industry, the increasing demand for aesthetically appealing surfaces, the superior performance and durability of epoxy-based products, and government regulations promoting sustainability.

With the construction industry expected to grow steadily and consumers prioritizing visual appeal and longevity, the demand for epoxy-based adhesives and sealants is anticipated to continue its upward trajectory. The rising demand for aesthetically appealing surfaces, such as natural stone and designer tiles, has propelled the growth of the epoxy segment in the stone and tile adhesives and sealants market.

Additionally, epoxy adhesives and sealants can be formulated with various colors, allowing for seamless blending and enhanced design possibilities. As consumers increasingly prioritize visual appeal and design versatility, the demand for epoxy-based adhesives and sealants in the stone and tile industry is expected to rise.

Moreover, epoxy-based adhesives and sealants are renowned for their exceptional performance and durability, making them a preferred choice in demanding applications. These products offer excellent resistance to chemicals, moisture, and temperature variations, ensuring long-term adhesion and protection. In sectors such as commercial construction, hospitality, and healthcare, where surfaces are subjected to heavy foot traffic, frequent cleaning, and exposure to harsh environments, epoxy-based adhesives and sealants provide reliable and long-lasting solutions. The durability and performance benefits associated with epoxy-based products have contributed to their growing adoption in the stone and tile industry.

Geographical Analysis

Rapid Urbanization, Infrastructure Investment and Sustainable and Green Building Practices

The Asia-Pacific is witnessing significant growth in the global stone and tile adhesives and sealants market, fueled by rapid urbanization, infrastructure investment, the demand for high-quality construction materials, a focus on sustainable practices, and technological advancements. As governments continue to invest in infrastructure and promote sustainable building practices, the demand for stone and tile adhesives and sealants is expected to soar.

The rising middle-class population and increasing disposable incomes in Asia-Pacific have led to a growing preference for high-quality construction materials. Stone and tile adhesives and sealants offer superior bonding, durability, and aesthetic appeal, making them sought-after products in the construction industry.

Further, sustainable and green building practices have gained prominence in the Asia-Pacific region, driven by environmental concerns and government initiatives. Countries such as China, India, and Singapore have implemented green building rating systems and certification programs to promote energy efficiency and sustainable construction. Stone and tile adhesives and sealants that comply with green building standards, offering low VOC emissions and eco-friendly formulations, are in high demand. The aforementioned emphasis on sustainability has contributed to the growth of the market in Asia-Pacific.

Competitive Landscape

The major global players include Carlisle, Amvic Building Systems, Atlas Roofing Corporation, Insulation Company of America, Jablite, ThermaFoam, LLC, Expol, Airfoam, Harbor Foam and Plasti-Fab Ltd.

Why Purchase the Report?

• To visualize the global stone and tile adhesives and sealants market segmentation based on type, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of stone and tile adhesives and sealants market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global stone and tile adhesives and sealants market report would provide approximately 61 tables, 64 figures and 193 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

Table of Contents

1. Methodology and Scope

• 1.1. Research Methodology
• 1.2. Research Objective and Scope of the Report

2. Definition and Overview

3. Executive Summary

• 3.1. Snippet by Type
• 3.2. Snippet by Application
• 3.3. Snippet by End-User
• 3.4. Snippet by Region

4. Dynamics

• 4.1. Impacting Factors
  • 4.1.1. Drivers
    • 4.1.1.1. Rising Demand for Aesthetic and Durable Flooring and Wall Coverings Combined with Infrastructure Development and Renovation Projects
    • 4.1.1.2. Urbanization and Construction Industry Growth
    • 4.1.1.3. Technological Advancements and Sustainable Construction Practices
    • 4.1.1.4. Construction Industry Growth Specially the Growth in Renovation and Remodeling Activities
  • 4.1.2. Restraints
    • 4.1.2.1. Environmental Regulations and Sustainability Concerns along with Fluctuating Raw Material Prices
    • 4.1.2.2. Lack of Skilled Labor, Intense Competition and Market Fragmentation
  • 4.1.3. Opportunity
  • 4.1.4. Impact Analysis

5. Industry Analysis

• 5.1. Porter's Five Force Analysis
• 5.2. Supply Chain Analysis
• 5.3. Pricing Analysis
• 5.4. Regulatory Analysis

6. COVID-19 Analysis

• 6.1. Analysis of COVID-19
  • 6.1.1. Scenario Before COVID
  • 6.1.2. Scenario During COVID
  • 6.1.3. Scenario Post COVID
• 6.2. Pricing Dynamics Amid COVID-19
• 6.3. Demand-Supply Spectrum
• 6.4. Government Initiatives Related to the Market During Pandemic
• 6.5. Manufacturers Strategic Initiatives
• 6.6. Conclusion

7. By Type

• 7.1. Introduction
  • 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 7.1.2. Market Attractiveness Index, By Type
• 7.2. Epoxy*
  • 7.2.1. Introduction
  • 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 7.3. Cementitious
• 7.4. Vinyl Ester
• 7.5. Poly Ester
• 7.6. Others

8. By Application

• 8.1. Introduction
  • 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 8.1.2. Market Attractiveness Index, By Application
• 8.2. Ceramic Tiles*
  • 8.2.1. Introduction
  • 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 8.3. Marble Tiles
• 8.4. Mosaic
• 8.5. Glass
• 8.6. Natural Stones
• 8.7. Agglomerated Stones
• 8.8. Others

9. By End-User

• 9.1. Introduction
  • 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 9.1.2. Market Attractiveness Index, By End-User
• 9.2. Residential*
  • 9.2.1. Introduction
  • 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 9.3. Commercial
• 9.4. Industrial
• 9.5. Others

10. By Region

• 10.1. Introduction
  • 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
  • 10.1.2. Market Attractiveness Index, By Region
• 10.2. North America
  • 10.2.1. Introduction
  • 10.2.2. Key Region-Specific Dynamics
  • 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 10.2.6.1. U.S.
    • 10.2.6.2. Canada
    • 10.2.6.3. Mexico
• 10.3. Europe
  • 10.3.1. Introduction
  • 10.3.2. Key Region-Specific Dynamics
  • 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 10.3.6.1. Germany
    • 10.3.6.2. UK
    • 10.3.6.3. France
    • 10.3.6.4. Italy
    • 10.3.6.5. Russia
    • 10.3.6.6. Rest of Europe
• 10.4. South America
  • 10.4.1. Introduction
  • 10.4.2. Key Region-Specific Dynamics
  • 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 10.4.6.1. Brazil
    • 10.4.6.2. Argentina
    • 10.4.6.3. Rest of South America
• 10.5. Asia-Pacific
  • 10.5.1. Introduction
  • 10.5.2. Key Region-Specific Dynamics
  • 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 10.5.6.1. China
    • 10.5.6.2. India
    • 10.5.6.3. Japan
    • 10.5.6.4. Australia
    • 10.5.6.5. Rest of Asia-Pacific
• 10.6. Middle East and Africa
  • 10.6.1. Introduction
  • 10.6.2. Key Region-Specific Dynamics
  • 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
  • 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
  • 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

11. Competitive Landscape

• 11.1. Competitive Scenario
• 11.2. Market Positioning/Share Analysis
• 11.3. Mergers and Acquisitions Analysis

12. Company Profiles

• 12.1. Carlisle*
  • 12.1.1. Company Overview
  • 12.1.2. Product Portfolio and Description
  • 12.1.3. Financial Overview
  • 12.1.4. Recent Developments
• 12.2. Amvic Building Systems
• 12.3. Atlas Roofing Corporation
• 12.4. Insulation Company of America
• 12.5. Jablite
• 12.6. ThermaFoam, LLC
• 12.7. Expol
• 12.8. Airfoam
• 12.9. Harbor Foam
• 12.10. Plasti-Fab Ltd

LIST NOT EXHAUSTIVE

13. Appendix

• 13.1. About Us and Services
• 13.2. Contact Us