The report "Ceramic Adhesives Market by Chemistry Type (Cement-based, Epoxy, Acrylic, Silicone, Cyanoacrylate), Application (Building & Construction, Dental), Region (APAC, Europe, North America, MEA, Central & South America) - Global Forecast to 2022 "The ceramic adhesives market is projected to reach USD 7.84 Billion by 2022, at a CAGR of 5.1% from 2017 to 2022. The ceramic adhesives market is projected to grow from USD 6.12 billion in 2017 to USD 7.84 billion by 2022, at a CAGR of 5.1% from 2017 to 2022. The growth of the ceramic adhesives market across the globe can be attributed to increased demand for ceramic adhesives from the building & construction industry due to increasing number of residential and commercial buildings being constructed across the globe.
In the construction industry, ceramic adhesives are mainly used for the installation of tiles & flooring, roofing, and wall coverings. The construction of smart cities and renovation of existing buildings in the Asia Pacific region are expected to drive the growth of the ceramic adhesives market in the region between 2017 and 2022. The increasing use of ceramic adhesives in building & construction application can also be attributed to the increasing requirement for residential housings, theme parks, hotels, and other commercial centers in the emerging economies such as India, China, Indonesia, and Brazil.
The demand for ceramic adhesives is growing in emerging economies due to increasing number of ongoing infrastructure development projects such as high-speed rail tracks, roads, airports, and nuclear plants. The increasing focus of the governments on infrastructure development in countries such as Brazil, Argentina, India, China, and Vietnam is also fueling the growth of the building & construction application segment of the ceramic adhesives market across the globe.
The Asia Pacific ceramic adhesives market is witnessing rapid growth due to significant economic progress and increased number of infrastructure development projects in various countries of the region. Increased building & construction activities in the region are also expected to propel the demand for ceramic adhesives from the Asia Pacific region.
Key market players in the ceramic adhesives market
Key players operating in the ceramic adhesives market are 3M (US), Bostik (France), Sika (Switzerland), Henkel (Germany), H.B. Fuller Construction Products (US), BASF (Germany), MAPEI (Italy), Ardex (Germany), Laticrete International (US), Terraco (Sweden), Saint-Gobain Weber (France), and Fosroc (UK).
