According to TechSci Research report, “United States Floor Adhesive Market – By Region, Competition, Forecast and Opportunities, 2018-2028”, the United States Floor Adhesive Market stood at USD1.61 billion in 2022 and is anticipated to grow with a CAGR of 5.52% in the forecast period, 2023-2028. The initiatives taken by the government based on floor adhesive have led to favorable market conditions for the United States Floor Adhesive Market. Several factors contribute to the growth of various floor adhesive products.
Governments across the globe are actively encouraging and promoting sustainable construction practices. This United States push for sustainability is significantly influencing the floor adhesive market. In response, manufacturers of flooring adhesives are proactively developing and introducing more environmentally friendly and sustainable products, even in the absence of strict government regulations.
One notable example of this industry’s commitment to sustainability is the reintroduction of biomass balance to flooring adhesives. By incorporating biomass-based materials in their production processes, these adhesives are able to reduce their overall environmental impact. This not only aligns with the growing demand for eco-friendly solutions but also showcases the industry’s dedication to reducing its carbon footprint.
Moreover, diverse government initiatives aimed at promoting industrial expansion are also playing a role in shaping the adhesive market. These initiatives specifically support the use of adhesives in various applications, including the installation of tiles on walls, floors, and even swimming pools. As a result, the adhesive market is experiencing a surge in demand, driven by the need for efficient and reliable bonding solutions in construction projects.
Overall, the combination of government efforts, industry innovation, and the growing awareness of sustainability is transforming the floor adhesive market. With a focus on environmentally friendly practices and the development of advanced adhesive solutions, this industry is embracing a more sustainable future.
Technological advancements have played a pivotal role in driving research and development initiatives within the floor adhesive industry. The primary focus has shifted towards the creation of high-performance adhesives that offer superior adhesion, resistance to heat and chemicals, and long-term stability. The ultimate objective is to develop products that can effectively cater to diverse applications and withstand varying environmental conditions.
In response to the growing awareness about the environmental impact of construction materials, considerable efforts are being directed towards the development of more sustainable adhesive solutions. The research and development activities aim to create adhesives that not only exhibit high efficiency but also align with environmental considerations. This includes exploring innovative options such as biomass balance in flooring adhesives, which effectively reduces the overall environmental footprint of these products.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on “United States Floor Adhesive Market” @ https://www.techsciresearch.com/report/united-states-floor-adhesive-market/2838.html
The United States Floor Adhesive Market is segmented into resin type, technology, application, regional distribution, and company. Based on its resin type, the acrylic adhesive segment held the largest share in the market. Acrylic adhesives are widely recognized as the most commonly used floor adhesives, attributed to their exceptional properties that include superior bonding capabilities and adaptability to diverse landscapes. These adhesives play a crucial role in enhancing throughput and productivity in various applications. Notably, they exhibit remarkable resistance to extreme temperatures, enabling them to maintain their adhesive strength even in challenging environments.
Moreover, acrylic adhesives possess exceptional impact and peel resistance, ensuring durability and longevity. Additionally, they offer the advantage of compatibility with both porous and nonporous substrates, providing flexibility in installation. With their versatile bonding capabilities, acrylic adhesives are well-suited for a wide range of materials including aluminum, plastics, steel, and even oily metal surfaces.
Based on region, the Midwest segment is expected to grow during the forecast period. In recent years, there has been a noticeable increase in emphasis on residential and institutional construction activities in the Midwest region. This surge in construction projects has created a significant demand for flooring adhesives in the region over the forecast period.
Notably, in 2018–19, the U.S. Government-led fiscal stimulus played a crucial role in boosting the confidence of businesses based in the country. This confidence, in turn, led to sustained construction spending in the U.S., thereby fueling the growth of the flooring adhesive market.
What makes this growth even more remarkable is the fact that construction activities were considered essential services in different parts of the country during the challenging year of 2020. Despite the ongoing pandemic, the construction industry in the U.S. remained active, resulting in an overall increase in construction spending. This unexpected resilience of the construction sector during such trying times led to a surge in the demand for flooring adhesives in the country.
The continuous growth of the flooring adhesive market in the U.S. serves as a positive indicator of the robustness of the construction industry in the country. With increasing construction projects and the essential role of flooring adhesives in ensuring durable and reliable flooring solutions, the demand for these adhesives is expected to stay strong in the foreseeable future.
Major companies operating in the United States Floor Adhesive Market are:
- Mapei S.p.A.
- Sika AG
- Henkel AG
- The Dow Chemical Company
- Wacker Chemie AG
- Bostik SA
- Forbo Holdings AG
- Pidilite Industries Limited
- LATICRETE International Inc.
- Dupont De Nemours Inc.
Download Free Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=2838
Customers can also request for 10% free customization on this report.
“Growing application of floor adhesive in various end-user industries are key drivers of the floor adhesive market. Growth in the competitive landscape and the presence of well-established companies in the market who are dedicated to enhancing their productivity of floor adhesive with every passing year is anticipated to register an impressive growth to the United States Floor Adhesive Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“United States Floor Adhesive Market Segmented By Resin Type (Polyurethane Adhesive, Epoxy Adhesive, Vinyl Adhesive, Acrylic Adhesive, Others), By Technology (Water-Based Adhesive, Hot-Melt Adhesive, and Solvent-Based Adhesive), By Application (Wood, Carpet, Laminate, Tile & Stone, Others), By Region, Competition, Forecast and Opportunities, 2018-2028”, has evaluated the future growth potential of United States Floor Adhesive Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States Floor Adhesive Market.
You may also read:
United States Recovered Paper Market – Current Analysis and Forecast [2028]
High Modulus Low Shrinkage Polyester Yarn Market – Competitive Landscape and Innovation
High Tenacity Low Elongation Polyester Yarn (HTLEP) Market [ Latest] Unveiling Growth Opportunities, and Latest Trends
Photopolymers Market [2028]- Exploring Robust Growth & Forecast
Moisture Curing Adhesives Market – Rising Demand and Growth Trends
Table of Content-United States Floor Adhesive Market
- Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
- Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
- Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
- United States Floor Adhesive Market: Demand-Supply Analysis
- United States Floor Adhesive Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Resin Type (Polyurethane Adhesive, Epoxy Adhesive, Vinyl Adhesive, Acrylic Adhesive, Others)
5.2.2. By Technology (Water-Based Adhesive, Hot-Melt Adhesive, and Solvent-Based Adhesive)
5.2.3. By Application (Wood, Carpet, Laminate, Tile & Stone, Others)
5.2.4. By Region
5.2.5. By Company (2022)
5.3. Market Map
5.3.1. By Resin Type
5.3.2. By Technology
5.3.3. By Application
5.3.4. By Region
- Midwest Floor Adhesive Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Resin Type
6.2.2. By Technology
6.2.3. By Application
6.2.4. By Country
- Northeast Floor Adhesive Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Resin Type
7.2.2. By Technology
7.2.3. By Application
7.2.4. By Country
