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Floor Adhesives Market Size, Share, Trends, Growth Outlook

Floor Adhesives Market Size, Share, Trends, Growth Outlook, and Opportunities to 2032- By Technology (Water-Based, Solvent-Based, Hot-Melt), By Resin (Epoxy, Polyurethane, Acrylic, Vinyl, Others), By End-User (Residential, Commercial, Industrial), By Application (Tile & Stone Floor, Wood Floor, Carpet Floor, Laminate Floor, Others), Countries and Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 198

Global Floor Adhesives Market Size is valued at $10.1 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.6% to reach $15.6 Billion by 2032.

The global Floor Adhesives Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Technology (Water-Based, Solvent-Based, Hot-Melt), By Resin (Epoxy, Polyurethane, Acrylic, Vinyl, Others), By End-User (Residential, Commercial, Industrial), By Application (Tile & Stone Floor, Wood Floor, Carpet Floor, Laminate Floor, Others).

An Introduction to Floor Adhesives Market in 2024

The floor adhesives market is witnessing steady growth in 2024, driven by the expanding construction and renovation activities in residential, commercial, and industrial sectors. Floor adhesives, also known as flooring adhesives or floor glues, are specialized adhesives formulated for bonding flooring materials such as tiles, hardwood, laminate, vinyl, and carpet to subfloors or underlayments. These adhesives offer advantages such as strong adhesion, flexibility, moisture resistance, and ease of application, making them essential for installing and repairing various types of flooring systems. In residential construction, floor adhesives are used for installing tiles, wood planks, and vinyl sheets in kitchens, bathrooms, and living areas for their durability and aesthetic appeal. Further, in commercial buildings, they are employed for laying carpet tiles, luxury vinyl tiles (LVT), and resilient flooring in offices, retail stores, and healthcare facilities for their durability and ease of maintenance. Additionally, in industrial settings, floor adhesives are utilized for installing epoxy flooring, polyurethane flooring, and concrete coatings in warehouses, factories, and production facilities for their chemical resistance and abrasion resistance. Furthermore, advancements in floor adhesive technology, such as low-VOC formulations, rapid-curing adhesives, and moisture-cured adhesives, are driving the development of products with improved performance and environmental sustainability. As the construction industry embraces innovation and green building practices, the demand for high-quality floor adhesives is expected to growing, stimulating market expansion and fostering innovation in adhesive chemistry and flooring systems.

Floor Adhesives Market Competitive Landscape

The market report analyses the leading companies in the industry including Arkema S.A., Dow Inc, Forbo Holding AG, H.B Fuller, Henkel Ag & KGaA, Mapei Spa, Pidilite Industries Ltd, Sika AG, Wacker Chemie AG, and others.

Floor Adhesives Market Dynamics

Market Trend: Shift towards Environmentally Friendly and Low-VOC Adhesive Formulations

A prominent trend in the floor adhesives market is the shift towards environmentally friendly and low-VOC (volatile organic compound) adhesive formulations. With increasing awareness of indoor air quality and environmental sustainability, there is a growing demand for floor adhesives that minimize harmful emissions and contribute to healthier indoor environments. Manufacturers are responding to this trend by developing water-based adhesives and solvent-free formulations that have lower VOC content and reduced environmental impact compared to traditional solvent-based adhesives. Additionally, there is a rising preference for adhesives with eco-friendly certifications such as GREENGUARD and FloorScore, which assure consumers of compliance with stringent emission standards. The trend towards environmentally friendly and low-VOC adhesive formulations reflects the industry's commitment to sustainability and meeting the evolving needs of customers for safer and greener building materials.

Market Driver: Growth in Construction and Renovation Activities Worldwide

The driver for the floor adhesives market is the growth in construction and renovation activities worldwide. As global population increases and urbanization accelerates, there is a steady demand for residential, commercial, and industrial construction projects, driving the need for flooring solutions and installation adhesives. Moreover, renovation and remodeling activities in existing buildings and infrastructure further contribute to market growth for floor adhesives. The expansion of commercial spaces, healthcare facilities, educational institutions, and hospitality establishments also fuels demand for floor adhesives for new construction and refurbishment projects. Additionally, factors such as rising disposable incomes, changing consumer preferences, and lifestyle trends influence flooring choices and drive demand for innovative adhesives that offer ease of installation, durability, and aesthetic appeal. The growth in construction and renovation activities worldwide serves as a key driver for the floor adhesives market, creating opportunities for manufacturers to supply high-quality adhesive solutions and capitalize on the demand for reliable flooring installation products.

Market Opportunity: Development of High-Performance Adhesive Technologies for Specialty Flooring Applications

A potential opportunity for the floor adhesives market lies in the development of high-performance adhesive technologies for specialty flooring applications. While traditional floor adhesives cater to standard flooring materials such as vinyl, carpet, and ceramic tiles, there is a growing demand for adhesives tailored to specialty flooring products such as luxury vinyl planks (LVP), engineered hardwood, rubber flooring, and sports surfaces. Specialty flooring applications often require adhesives with specific performance characteristics such as enhanced bond strength, moisture resistance, temperature stability, and compatibility with subfloor materials. By investing in research and development, floor adhesive manufacturers can innovate and formulate adhesive solutions that meet the stringent requirements of specialty flooring installations, providing contractors and end-users with reliable and durable bonding solutions. Furthermore, customization of adhesive formulations to address niche applications in healthcare, education, retail, and sports facilities can unlock new market opportunities and foster partnerships with flooring manufacturers and installation contractors seeking specialized adhesive solutions.

Floor Adhesives Market Share Analysis: Water-Based segment generated the highest revenue in 2024

The Water-Based segment is the largest segment in the Floor Adhesives market due to its widespread adoption driven by environmental regulations, safety concerns, and performance benefits. Water-based adhesives, also known as aqueous adhesives, are formulated using water as a carrier solvent, along with polymers, additives, and other ingredients. These adhesives offer potential advantages over solvent-based and hot-melt adhesives, including low VOC emissions, reduced odor, non-flammability, and ease of clean-up. Additionally, water-based adhesives exhibit excellent adhesion to a variety of substrates commonly used in flooring applications, including wood, laminate, vinyl, and carpet. They provide strong bonding strength, durability, and resistance to moisture, making them suitable for both residential and commercial flooring installations. With increasing emphasis on sustainability and indoor air quality, coupled with the performance advantages offered by water-based adhesives, the segment continues to dominate the Floor Adhesives market as the preferred choice for flooring professionals and consumers alike.

Floor Adhesives Market Share Analysis: Polyurethane Resin is poised to register the fastest CAGR over the forecast period

The Polyurethane Resin segment is the fastest-growing segment in the Floor Adhesives market, fuelled by its exceptional performance characteristics and versatility across various flooring applications. Polyurethane adhesives offer superior bonding strength, flexibility, durability, and resistance to moisture, chemicals, and abrasion, making them well-suited for a wide range of flooring materials, including wood, concrete, laminate, and vinyl. These adhesives provide strong adhesion even in challenging environments, such as high-traffic areas, commercial spaces, and outdoor installations. Additionally, polyurethane adhesives accommodate movement and expansion in flooring systems, preventing issues like cracking or delamination over time. With the growing demand for high-performance flooring solutions that offer durability, aesthetics, and ease of installation, the Polyurethane Resin segment is experiencing rapid growth as the preferred choice for flooring adhesives in both residential and commercial applications.

Floor Adhesives Market Share Analysis: Commercial segment generated the highest revenue in 2024

The Commercial segment is the largest segment in the Floor Adhesives market due to its high-volume usage in various commercial settings, including office buildings, retail stores, educational institutions, healthcare facilities, and hospitality establishments. Commercial spaces typically have larger floor areas compared to residential or industrial settings, necessitating significant quantities of adhesive for flooring installations and renovations. Moreover, commercial environments experience heavy foot traffic and frequent maintenance, requiring durable and high-performance floor adhesives to withstand wear, tear, and cleaning chemicals. Additionally, aesthetics play a crucial role in commercial spaces, with flooring choices influencing the overall ambiance and branding of the establishment. Consequently, commercial property owners and facility managers prioritize quality flooring adhesives that offer strong bonding, ease of application, and compatibility with a wide range of flooring materials. With the continued growth of commercial construction and renovation projects worldwide, driven by urbanization, economic development, and changing consumer preferences, the Commercial segment maintains its dominance in the Floor Adhesives market as the primary consumer of flooring adhesive products.

Floor Adhesives Market Share Analysis: Tile & Stone Floor segment is poised to register the fastest CAGR over the forecast period

The Tile & Stone Floor segment is the fastest-growing segment in the Floor Adhesives market, propelled by ongoing construction trends favoring the use of tile and stone flooring materials in both residential and commercial settings. Tile and stone floors are valued for their durability, aesthetics, and ease of maintenance, making them popular choices for various applications, including kitchens, bathrooms, entryways, and commercial spaces such as restaurants, hotels, and shopping malls. The installation of tile and stone flooring requires reliable adhesives that can securely bond these heavy and often irregularly shaped materials to substrates such as concrete, plywood, or cement backer board. Moreover, the demand for tile and stone flooring is driven by factors such as urbanization, renovation projects, and the growing preference for high-end finishes in interior design. As a result, the Tile & Stone Floor segment experiences rapid growth as construction activities expand, and consumers seek durable and aesthetically pleasing flooring solutions for their residential and commercial spaces.

Floor Adhesives Market

By Technology
Water-Based
Solvent-Based
Hot-Melt
By Resin
Epoxy
Polyurethane
Acrylic
Vinyl
Others
By End-User
Residential
Commercial
Industrial
By Application
Tile & Stone Floor
Wood Floor
Carpet Floor
Laminate Floor
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Floor Adhesives Companies Profiled in the Study

Arkema S.A.
Dow Inc
Forbo Holding AG
H.B Fuller
Henkel Ag & KGaA
Mapei Spa
Pidilite Industries Ltd
Sika AG
Wacker Chemie AG
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Floor Adhesives Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Floor Adhesives Market Size Outlook, $ Million, 2021 to 2032
3.2 Floor Adhesives Market Outlook by Type, $ Million, 2021 to 2032
3.3 Floor Adhesives Market Outlook by Product, $ Million, 2021 to 2032
3.4 Floor Adhesives Market Outlook by Application, $ Million, 2021 to 2032
3.5 Floor Adhesives Market Outlook by Key Countries, $ Million, 2021 to 2032

4 Market Dynamics
4.1 Key Driving Forces of Floor Adhesives Industry
4.2 Key Market Trends in Floor Adhesives Industry
4.3 Potential Opportunities in Floor Adhesives Industry
4.4 Key Challenges in Floor Adhesives Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Floor Adhesives Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Floor Adhesives Market Outlook by Segments
7.1 Floor Adhesives Market Outlook by Segments, $ Million, 2021- 2032
By Technology
Water-Based
Solvent-Based
Hot-Melt
By Resin
Epoxy
Polyurethane
Acrylic
Vinyl
Others
By End-User
Residential
Commercial
Industrial
By Application
Tile & Stone Floor
Wood Floor
Carpet Floor
Laminate Floor
Others

8 North America Floor Adhesives Market Analysis and Outlook To 2032
8.1 Introduction to North America Floor Adhesives Markets in 2024
8.2 North America Floor Adhesives Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Floor Adhesives Market size Outlook by Segments, 2021-2032
By Technology
Water-Based
Solvent-Based
Hot-Melt
By Resin
Epoxy
Polyurethane
Acrylic
Vinyl
Others
By End-User
Residential
Commercial
Industrial
By Application
Tile & Stone Floor
Wood Floor
Carpet Floor
Laminate Floor
Others

9 Europe Floor Adhesives Market Analysis and Outlook To 2032
9.1 Introduction to Europe Floor Adhesives Markets in 2024
9.2 Europe Floor Adhesives Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Floor Adhesives Market Size Outlook by Segments, 2021-2032
By Technology
Water-Based
Solvent-Based
Hot-Melt
By Resin
Epoxy
Polyurethane
Acrylic
Vinyl
Others
By End-User
Residential
Commercial
Industrial
By Application
Tile & Stone Floor
Wood Floor
Carpet Floor
Laminate Floor
Others

10 Asia Pacific Floor Adhesives Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Floor Adhesives Markets in 2024
10.2 Asia Pacific Floor Adhesives Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Floor Adhesives Market size Outlook by Segments, 2021-2032
By Technology
Water-Based
Solvent-Based
Hot-Melt
By Resin
Epoxy
Polyurethane
Acrylic
Vinyl
Others
By End-User
Residential
Commercial
Industrial
By Application
Tile & Stone Floor
Wood Floor
Carpet Floor
Laminate Floor
Others

11 South America Floor Adhesives Market Analysis and Outlook To 2032
11.1 Introduction to South America Floor Adhesives Markets in 2024
11.2 South America Floor Adhesives Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Floor Adhesives Market size Outlook by Segments, 2021-2032
By Technology
Water-Based
Solvent-Based
Hot-Melt
By Resin
Epoxy
Polyurethane
Acrylic
Vinyl
Others
By End-User
Residential
Commercial
Industrial
By Application
Tile & Stone Floor
Wood Floor
Carpet Floor
Laminate Floor
Others

12 Middle East and Africa Floor Adhesives Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Floor Adhesives Markets in 2024
12.2 Middle East and Africa Floor Adhesives Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Floor Adhesives Market size Outlook by Segments, 2021-2032
By Technology
Water-Based
Solvent-Based
Hot-Melt
By Resin
Epoxy
Polyurethane
Acrylic
Vinyl
Others
By End-User
Residential
Commercial
Industrial
By Application
Tile & Stone Floor
Wood Floor
Carpet Floor
Laminate Floor
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Arkema S.A.
Dow Inc
Forbo Holding AG
H.B Fuller
Henkel Ag & KGaA
Mapei Spa
Pidilite Industries Ltd
Sika AG
Wacker Chemie AG

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Technology
Water-Based
Solvent-Based
Hot-Melt
By Resin
Epoxy
Polyurethane
Acrylic
Vinyl
Others
By End-User
Residential
Commercial
Industrial
By Application
Tile & Stone Floor
Wood Floor
Carpet Floor
Laminate Floor
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions