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Floor Adhesive Global Market Trend, Research Approach, Data Analysis 2017 and Forecast 2023

 



(EstateNewsWire.com, December 15, 2017 ) According to Publisher, the Global Floor Adhesive Market is accounted for $8.12 billion in 2016 and is expected to reach $12.95 billion by 2023 growing at a CAGR of 6.9% during the forecast period. Rising usage of various types of flooring materials in commercial and industrial sector is one of the key factors fueling the market growth. However, strict government regulations and fluctuating raw material cost are the some of the factors hampering the market.

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Wood Floor Adhesives work by creating a bond between the substrate and the flooring through a chemical reaction. While all adhesives work on the same principle of changing from a liquid to a solid state, they differ by the carrying agent or catalyst that activates them. The most common types of wood flooring adhesives include: Water based and Solvent based. Wood flooring adhesive solutions makes hardwood flooring installations faster, easier and smarter.

Water-based adhesive is generally prepared from soluble synthetic or natural polymers. Water usually plays the role of carrier fluid to control the viscosity of adhesive particles useful for different substrates at different thicknesses. Water-based adhesives combine long polymer chains with good coat-ability. Water-based adhesives are widely used due to their low volatile organic content, and excellent shear strength, flexibility, and outstanding adhesion for diverse end user applications.

Asia Pacific is expected to grow at a fastest CAGR due to the increased investments in infrastructural development. Developing countries, such as China and India are attracting various key vendors to create new production in this region.

Some of the key players in Floor Adhesive market include Henkel AG & Co. KGaA, Forbo Holding AG, Bostik SA, H.B Fuller Company, Mapei S.P.A, Pidilite Industries Limited, Sika AG, Wacker Chemie AG, Laticrete International, Inc. and The DOW Chemical Company.

Applications Covered:
-Wood
-Tile & Stone
-Laminate
-Carpet
-Other Applications

Resin Types Covered:
-Polyurethane Adhesive
-Vinyl Adhesive
-Epoxy Adhesive
-Acrylic Adhesive
-Other Resin Types

Technologies Covered:
-Solvent-Based Adhesive
-Water-Based Adhesive
-Hot-Melt Based Adhesive

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End Users Covered:
-Commercial
-Residential
-Industrial

Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
France
Italy
UK
Spain
Rest of Europe
-Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
-South America
Argentina
Brazil
Chile
Rest of South America
-Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

Company Profiling
11.1 Henkel AG & Co. KGaA
11.2 Forbo Holding AG
11.3 Bostik SA
11.4 H.B Fuller Company
11.5 Mapei S.P.A
11.6 Pidilite Industries Limited
11.7 Sika AG
11.8 Wacker Chemie AG
11.9 Laticrete International, Inc.
11.10 The DOW Chemical Company

For more information about this report: http://www.reportsweb.com/floor-adhesive-global-market-outlook-2017-2023

ReportsWeb.com

Rajat Sahni

+1-646-491-9876

sales@reportsweb.com

Source: EmailWire.Com


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