World Floor Adhesive Market to Post 5.2% CAGR to 2022, Forecasts M&M in Its New Report Available at MarketPublishers.com21 Aug 2017 • by Natalie Aster
LONDON – The floor adhesive marketplace is projected to post a 5.2% CAGR to 2022, reaching USD 11.01 billion by end-2022. The growth of the market is being fuelled by the rising usage of certain kinds of flooring materials in the residential, industrial and commercial sector. Still, stiff governmental regulations relating to the VOC content in floor adhesives are poised to hinder the growth of the market for floor adhesives.
The outstanding properties, like a solvent-less system, quick curing, user-friendly usage of epoxy adhesives are projected to drive the product demand in the foreseeable future.
Region-wise, APAC floor adhesive market in anticipated to record the most rapid growth in the forthcoming years. Emerging countries like India, China, South Korea, and different Southeast Asian nations are attracting a number of global players to set up their production base in the APAC region. These producers are competing with one another to reach an expansive customer base in India and China to cater to the soaring demand for adhesives from the industrial and residential sectors in these nations. Massive investments in infrastructural development in APAC are likely to ignite the growth of the regional floor adhesive market.
New insightful study “Floor Adhesive Market - Global Forecast to 2022” elaborated by MarketsandMarkets (M&M) is devoted to providing an all-round, unprejudiced assessment of the market globally.
The research provides granular market segmentation based on type of resins, technology, application, end-user sector, and by region. It provides estimates of the market revenues and prospective growth potential of the overall market and its sub-segments. The report examines the market size of the floor adhesive market across various regions. The study pinpoints the major drivers, opportunities, limiters, and challenges that impact the growth of the marketplace. For the micro-markets, the research keeps track of the individual growth trends, future opportunities, and contribution to the overall floor adhesive market space. It offers examine the overall competitive landscape and provides detailed profiles of the top market participants, comprehensively evaluating their market shares and core competencies. The report discusses the competitive developments, like investments, expansions, new product launches, JVs, M&As, and R&D activities in the market. An all-round analysis of the opportunities in the market is included, too.
More new research reports by the publisher can be found in M&M catalogue at MarketPublishers.com.