Ceramic Adhesives Market Revenue, Key Players Analysis, Development Opportunity and Expansion Strategies 2029
The global ceramic adhesives market size is expected to gain momentum owing to the increasing demand from the building sector during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Ceramic Adhesives Market, 2022-2029.” The rising demand for ceramic adhesive in housing developments, building projects in developing countries is major contributing factors. The industry is rising because of increased government policies and funding for infrastructural development in the developing markets.
Government Restrictions to Hamper Growth
COVID-19 has wreaked havoc on various industries, including the ceramic adhesives that have been severely impacted by the implementation of lockdowns in many countries. While the slowdown in economic activity has hampered the development of new industries and expansions.
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By chemistry type, the market is segmented into cement-based, epoxy, acrylic, silicone, cyanoacrylate, and others. On the basis of application, the market is segregated into building & construction, dental, and others. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
What does the Report Offer?
The report provides a holistic evaluation of the growth aspects for ceramic adhesives. It offers comprehensive analysis of trends, key players, strategies, application, aspects, and new product development. It contains constraints, segments, drivers, restraints, and competitive landscape for ceramic adhesives.
Drivers & Restraints-
Increasing Demand in Construction Activities to Stimulate Growth
The global ceramic adhesives market growth is expected to grow due to the rising application in construction during the projected period. The rising population and urbanization, residential sector, development of new commercial and residential properties in emerging countries are predicted to boost demand which will drive the market forward.
Increasing Government Initiatives to Promote Growth in Asia Pacific
Asia Pacific is expected to hold the largest global ceramic adhesives market share during the forecast period. The growing industrialization, demand for traditional adhesive substitutes is presenting an opportunity for the global market in the region.
North America is expected to have a sizable share of the market. This is due to consumption and production, technological advancement, and a large manufacturing base to drive the market in the region.
Increasing Number of Mergers to Spur Demand Opportunities
Companies in the sector are constantly innovating and forming strategic alliances in order to maintain their market dominance. Major companies adopt strategic business plan, new product development. Manufacturers play a significant role in the development of products depending on client needs in ceramic adhesives.
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- November 2020: Webeset TF eco and Weberset TF eco plus, Saint-Gobain Weber launched an eco-friendly tile adhesive. It is designed to fix ceramic tile and stone and recovered from the recovery of industrial byproducts.
List of Key Players Profiled in the Global Market for Ceramic Adhesives:
- B. Fuller Construction
- Saint-Gobain Weber
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