The ceramic adhesive market accounted for US$ 6,344.0 Mn in 2018 and is expected to grow at a CAGR of 5.2% during the forecast period 2019 - 2027, to account for US$ 9,931.8 Mn by 2027.
Ceramics are basically inorganic and non-metallic materials which are brittle and rigid in nature. It is widely known for its good thermal stability, electrical insulation, mechanical strength, and corrosion/wear resistance. There are various engineered formulations used for the adhesion to the ceramic components, including zirconium dioxide, boron carbide, aluminum dioxide, silicon nitride, and others. Generally, ceramic adhesives are based on inorganic binders like metal phosphates and alkali silicates, with alumina, silica, carbon, zirconia powder filler, and magnesia. Ceramic adhesives market are widely available in one or two-part systems and have a similar physical form as organic adhesives. Ceramic adhesives are widely being used in the flooring, roofing, and wall covering applications in building and construction industry.
APAC is expected to be the fastest-growing market for ceramic adhesive products in the coming years. With the growth in the building, dental application etc. the demand for ceramic adhesive products has substantially gone up in the APAC countries which is boosting the overall sales of these products in the other parts of the world. Also, consumer’s awareness towards the uses and benefits of ceramic products is also propelling the growth of the market in the region. Also, manufacturers are investing in research and development activities to diversify the use of ceramic products. This has also surged the demand for the product in the region. Asia Pacific holds the largest share in the global ceramic adhesive market, and the market in this region is projected to reach US$ 4,816.9 million by 2027.
Global Ceramic Adhesives Market
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Market Insights
Innovations in Flooring or Tiling Adhesives
The increasing customer demands for aesthetically pleasing and decorative tiles are expected to generate additional demand for ceramic adhesives. The manufacturers are increasingly being involved in the innovations of ceramic adhesives, which are environment-friendly and comprises low concentrations of volatile organic compounds. The building and construction industry has been facing an unprecedented rise in moisture associated claims due to various factors linked with the wider usage of floor coverings. These major factors include fast-track building and construction activities, rising usage of non-conventional sizes of flooring tiles, improperly applied, and specified adhesives. But, nowadays, the ceramic adhesive manufacturers are more involved in the developments of high quality, improved and innovative products which have helped in the reduction of moisture damage. It will ultimately lead to the market growth of ceramic adhesives. Also, the ceramic adhesive formulator works closely with its suppliers and floor covering manufacturers for the development of installation-friendly ceramic adhesive products. Ceramic adhesive products are properly being tested to ensure that it is better aligned with required alkalinity, humidity, and temperature to perform in specified applications. The ceramic tile adhesives are increasingly being considered as a new material for modern decoration, which has greater bonding capability as compared to traditional adhesive materials. Moreover, the increasing demands for decorative, attractive tiles in airports, malls, retail outlets, and other commercial building is propelling the ceramic adhesives market.
Type Insights
The ceramic adhesives market based on type has been segmented into cement-based, epoxy, acrylic, silicone, cyanoacrylate, and others. The epoxy segment is expected to grow at fastest growth rate during the forecast period of 2019-2027. Epoxy has a robust structural length and a strong bonding factor that is widely used for filling up voids between the parts. An epoxy contains two parts, the resin that must be blended well and the hardener. Some manufacturers find it convenient to use different colors of hardeners and resins. The reason to use distinct colors is that after blending them together, the product offers a third contrasting color that gives a distinct coloration of the amount of resin and hardener mixed. Epoxies are available in various squeezing styles and different sizes. Different epoxies have multiple functions like protective covering, filling, and mending. The epoxy ceramic adhesives are well-known for their ability to offer strong bonds for interior horizontal and vertical tiling applications. The epoxy ceramic adhesives are also popular for their excellent resistance to high-temperatures and marginal shrinkage. The epoxy ceramic adhesives are ideally used for porcelain, quarry, slate and granite tiles. They are also moisture sensitive and are suitably used in areas that used strong cleaning chemicals. Some of the common areas where epoxy ceramic adhesives can be used are swimming pools, bathrooms, fast-food restaurants, lobbies, dairies, factories and many others.
Application Insights
The ceramic adhesives market based on application is segmented into building and construction, dental and others. The others segment is expected to grow at fastest growth rate during the forecast period of 2019-2027. In the building and construction industry, ceramic adhesives are mainly used to install tiles, floors, roofs, and wall coverings. Ceramic adhesives are used in the building and the construction industry to bond a variety of ceramic tiles such as glazed and unglazed ceramic tiles, and porcelain, mosaic, and vitrified tiles on horizontal and vertical masonry or inclines surfaces of interior and exterior walls. Ceramic adhesives can be readily applied on a number of substrates such as concrete, cement plaster, fiber cement board, natural stones, gypsum boards, and, gypsum plaster. Ceramic adhesives are extensively used in the building and construction industry as they have long life, good shock resistance, resistant to water absorption, and high bond and shear strength. As ceramic adhesives are available as ready-to-use mixtures they are easy to apply and require less time for application. The ease of use and minimization of labor and cost associated with labor makes the favored construction adhesive used in the building and construction industry.
Global Ceramic Adhesives Market, by Type– 2018 & 2027
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Ceramic Adhesives Market: Strategic Insights
Market Size Value in US$ 6,344.0 Million in 2018 Market Size Value by US$ 4,816.9 Million by 2027 Growth rate CAGR of 5.2% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Customize Research To Suit Your Requirement
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Ceramic Adhesives Market: Strategic Insights
| Market Size Value in | US$ 6,344.0 Million in 2018 |
| Market Size Value by | US$ 4,816.9 Million by 2027 |
| Growth rate | CAGR of 5.2% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Ardex Group, 3M, Henkel, H.B Fuller, and Bostik are amongst others are the key players present in the global ceramic adhesives market. These companies are implementing new product development and mergers and acquisition strategies to enlarge the customer base and gain significant market share across the world, which, in turn permit the players to maintain their brand name globally.
Report Spotlights
- Progressive industry trends in the global ceramic adhesives market help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global ceramic adhesives market from 2017 to 2027
- Estimation of global ceramic adhesives demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and global ceramic adhesives demand
- Market trends and outlook coupled with factors driving and restraining the growth of the global ceramic adhesives market
- Decision-making process by understanding strategies that underpin commercial interest with regard to global ceramic adhesives market growth
- Global ceramic adhesives market size at various nodes of market
- Detailed overview and segmentation of the global ceramic adhesives market, as well as its dynamics in the industry
- Global ceramic adhesives market size in various regions with promising growth opportunities
Global Ceramic Adhesives Market, by Type
- Cement-based
- Epoxy
- Acrylic
- Others
Global Ceramic Adhesives Market, by Application
- Building & Construction
- Dental
- Others
Company Profiles
- HenKEL AG & Company, KGAA
- 3M
- H.B Fuller
- Ardex Group
- BASF SE
- Bostik
- Mapei Spa
- Norcros Plc
- Saint-Gobain
- Sika AG
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , by Applications , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
The major players operating in the Ceramic Adhesives Market, includes Henkel AG & Company, 3M, HB Fuller, Ardex Group, and BASF SE.
The Asia region is the highest consumer of ceramic adhesives due to high demand from countries such as India and China. The Asia region is expected to grow at the highest rate during the next 5 to 6 years.
Cement-based ceramic adhesives hold the largest share in the global market, owing to its larges scale applications in building and construction. The epoxy ceramic adhesives segment may grow at a high rate, due to its improved properties.
The List of Companies
- 3M
- Henkel
- H.B Fuller
- Ardex Group
- BASF SE
- Bostik
- Kerakoll
- Mapei Spa.
- Sika AG
- Norcros Plc.
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- Data Collection and Secondary Research:
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- Primary Research:
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Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
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- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
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