Stone Adhesive Market Size, Share & Industry Analysis, By Grade (Food Grade, Industrial Grade, Industrial Grade, , Chemical Grade, Others), By Application (Paper, Ceramic, Plastic, Smooth Stone Surface, Plywood And Drywall, Others), By End-Use (Residential, Commercial, Institutional) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105424 | Status : Ongoing

KEY INDUSTRY INSIGHTS

The stone adhesive is made from a material including polyvinyl chloride or highly polymer-modified cementitious. It appears as a white color and available in powder and liquid forms. The product varies in size and patterns based on the application required. Further, the stone adhesive is environmental-friendly and resistant to heat, moisture, and chemicals. It provides high adhesive strength, durability, and has the ability to withstand shock and vibration. The adoption of stone adhesive can be seen in a wide range of applications which include are paper, ceramic, plastic, smooth stone surface, plywood, and drywall.

The stone adhesive market is growing at a rapid pace due to increasing product consumption in the construction industry. The properties such as physical stability at high temperature, high adhesive strength, retains fixing even at adverse conditions, and not deteriorate over time makes stones adhesive a preferred choice in the construction industry. The product is ideal for fixing all types of stone including marble and mermer slabs on the exterior and interior floor & wall surfaces. These factors surge the product demand and will contribute to fuel the stone adhesive market growth during the forecast timeline.

However, the unavailability of stone adhesive causes the fluctuation in the demand. Hence, this is anticipated to hamper the market growth.

Key Market Driver -

The rising demand of stone adhesive from the construction industry will drive the market growth.

Key Market Restraint -

Unavailability of the product to hamper the market growth

Market Segmentation:

Based on grade, the stone adhesive market is segmented into food grade, industrial grade, industrial grade, chemical grade, and other. Based on application, the market is segmented into paper, ceramic, plastic, smooth stone surface, plywood and drywall. Based on end-use, the market is segmented into residential, commercial, and institutional. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The key players in the stone adhesive market include Samrock Chemicals (i) Ltd., Dubond Products (India) Private Limited., PERMA CONSTRUCTION AIDS PVT. LTD., Pristine Mosaics, Ceramic Exporter.Com, REDWOP CHEMICALS PVT. LTD., LATICRETE International, Inc., Dunlop, BB Industries, Terraco, Minar trading co., Industria Chimica General, and ARCAT, Inc.

Key Insights

Key Emerging Trends – For Major Countries

Key Developments: Mergers, Acquisition, Partnership, etc.

Latest Technological Advancement

Insights on Regulatory Scenarios

Porters Five Forces Analysis

Regional Analysis:

Asia Pacific is anticipated to witness sustainable growth in the stone adhesive market. The growth is attributed to the rising product demand from the construction industry. Further, the rapid urbanization and rising infrastructure development in countries such as China and India will fuel the market growth in this region. The rising demand for stone adhesive from the plastic and ceramics industry will fuel the market growth in North America. In Europe, the growth is due to rising product demand from residential buildings. The Middle East & Africa is anticipated to witness significant growth, owing to the rising product demand in the plywood and drywall.

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Segmentation

ATTRIBUTES	DETAILS
By Grade	Food Grade Industrial Grade, Industrial Grade, Chemical Grade Others
By Application	Paper Ceramic Plastic Smooth Stone Surface Plywood And Drywall Others
By End-Use	Residential Commercial Institutional
By Geography	North America (U.S. and Canada) Europe (UK, Germany, France, Italy, Spain, and Rest of Europe) Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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