China Floor Adhesives Market to Grow at a Steady Pace During Forecast Period
According
to TechSci Research report, “China
Floor Adhesives Market By Resin Type, By Technology, By End-Use, By Application,
By Region, Competition, Forecast & Opportunities, 2025”, the China floor adhesives market is expected to grow
steadily during the forecast period, which can be attributed to the factors
such as advancements in flooring materials used in various end user industries
such as commercial, residential and industrial sectors. Moreover, rapidly
expanding construction industry, increasing use of water-based adhesives over
solvent-based adhesives in order to minimize VOC emissions are some of the key
factors burgeoning the demand for the floor adhesives market through 2025.
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The China floor adhesives market is segmented based on resin type, technology, end-use,
application, region and company. Based on application, the market can be
segregated into wood, carpet, laminate, tile & stone and others. Out of
which the tile & stone segment is anticipated to grow at highest CAGR during
the forecast years, which can be attributed to increasing infrastructural
development in the country. In terms of technology, the China floor adhesives market
is segmented into water-based adhesive, hot-melt adhesive and solvent-based
adhesive. Among these, water-based technology segment dominated the market in
terms of largest market share until 2019 and is expected to maintain its
dominance over the coming years as well which can be ascribed to rising demand
for eco-friendly and zero VOC emission floor adhesives.
Bostik Findley China Co. Ltd.,
Mapei China Ltd, Laticrete International （China）Co. Ltd., Forbo Shanghai Co Ltd, Dow
Chemical China Co Ltd, Sika China Ltd, BASF China Co Ltd, Henkel China
Investment Co Ltd, Wacker Chemicals Nanjing Co Ltd and others are
some of the leading players operating in China floor adhesives market.
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“China
floor adhesives market is anticipated to show significant growth in forecast
years owing to the presence of key adhesive manufacturers that are competing to
reach an extensive customer base. Additionally, replacement of mechanical
fastening systems incorporated with adhesives coupled with ability of adhesives
to bond with dissimilar materials are some of the factors responsible for
growth of China floor adhesives market through 2025.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“China Floor Adhesives Market By Resin Type, By Technology,
By End-Use, By Application, By Region, Competition, Forecast &
Opportunities, 2025” has
evaluated the future growth potential of China floor adhesives 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 China floor adhesives market.
Contact
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New York – 10017
Tel: +1-646-360-1656
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