Market Size of Floor Adhesives Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 2.02 Billion |
Market Size (2029) | USD 2.56 Billion |
CAGR (2024 - 2029) | 4.85 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Floor Adhesives Market Analysis
The Floor Adhesives Market size is estimated at USD 2.02 billion in 2024, and is expected to reach USD 2.56 billion by 2029, growing at a CAGR of 4.85% during the forecast period (2024-2029).
- The rapidly growing global construction industry and the versatility, safety, and ease of application of floor adhesives, are likely to drive market growth.
- On the flip side, hazardous health effects due to VOC emissions may hinder the market's growth.
- Increasing demand for bio-based floor adhesives will likely act as an opportunity.
- Asia-Pacific dominates the global market, with the largest consumption coming from China, India, and Japan.