Ceramic Adhesives Market Research Covering Growth Analysis And Industry Trends with Forecast 2030
Growing demand for eco-friendly and cost-effective ceramic adhesives is a key factor driving market revenue growth
The global ceramic adhesives market size is expected to reach USD 12.7 billion in 2030 and register a CAGR of 5.1% over the forecast period, according to the latest report by Reports and Data. Key factors such as high demand for eco-friendly & cost-effective ceramic adhesives, rapid industrialization in developing countries, and increasing number of building & construction activities are driving market revenue growth.
Ceramic adhesive is an inorganic and non-metallic material used as a bonding agent in different end-use industries. Ceramic adhesives are widely used in the construction industry for various applications such as roofing, wall covering, and flooring. These adhesives are also extensively used in the construction industry due to increasing focus on infrastructure development projects such as rail tracks, roads, flyovers, airports, industrial plants, and others. Moreover, these adhesives are used in the manufacturing of dental equipment, aircraft, automotive, and electronics & electrical components.
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Top Leading Players in The Global Ceramic Adhesives Market Are:
3M, Bostik, Sika, Henkel, H.B. Fuller Construction Products, BASF, MAPEI, Ardex, Laticrete International, and Terraco.
Some Key Highlights From the Report:
- In October 2021, DuPont opened a new manufacturing facility in Jiangsu Province, China to produce adhesives for serving customers in the construction and automotive industries.
- Cement-based segment accounted for largest revenue share in the global market in 2020. Increasing use of cement-based adhesive due to its good bonding strength is likely to boost growth of this segment in the near future.
Segments covered in the report:
Type Outlook (Revenue, USD Billion; 2019–2030)
- Cement-based
- Epoxy
- Silicone
- Acrylic
- Cyanoacrylate
- Others
Application Outlook (Revenue, USD Billion 2019–2030)
- Building & Construction
- Residential
- Commercial
- Institutional
- Dental
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Ceramic Adhesives Market Upcoming Growth:
The ceramic adhesives market is expected to experience significant growth in the upcoming years. Ceramic adhesives are used to bond and repair ceramic materials in various industries such as construction, automotive, and electronics. The increasing demand for ceramic materials and the need for efficient bonding solutions are driving the growth of the ceramic adhesives market.
One of the major drivers for the growth of the ceramic adhesives market is the increasing demand for ceramic materials in the construction industry. Ceramic materials such as tiles, bricks, and sanitaryware are widely used in construction applications due to their durability, strength, and aesthetic appeal. The need for efficient bonding solutions for ceramic materials in construction applications is driving the demand for ceramic adhesives.
Moreover, the increasing demand for ceramic adhesives in the automotive industry is also driving the growth of the market. Ceramic materials are used in automotive applications such as engine components, brake systems, and exhaust systems due to their high-temperature resistance and wear resistance. The need for efficient bonding solutions for ceramic materials in automotive applications is driving the demand for ceramic adhesives.
Additionally, the growing demand for electronic devices such as smartphones, tablets, and laptops is expected to drive the demand for ceramic adhesives. Ceramic materials are used in electronic applications such as insulators, capacitors, and sensors due to their electrical properties and thermal stability. The need for efficient bonding solutions for ceramic materials in electronic applications is driving the demand for ceramic adhesives.
The Asia-Pacific region is expected to be the fastest-growing market for ceramic adhesives due to the increasing demand for ceramic materials in construction, automotive, and electronics industries in the region. The growing population, rising urbanization, and increasing disposable income are also driving the demand for ceramic adhesives in the region.
Overall, the ceramic adhesives market is expected to experience significant growth in the upcoming years due to the increasing demand for ceramic materials in various industries, the need for efficient bonding solutions, and the growing demand for electronic devices.
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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