The China floor adhesives market is anticipated to grow at a steady pace during the forecast period. The floor adhesives are the sticky substances used for adhering floor material to the underlayment, thereby enhancing the strength to transmit load between the bases. The major factor for the growth of the floor adhesives market in the country is the rapid industrial expansion along with urbanization. Some other factors that contribute to the market growth include improved standards of living coupled with increasing disposable income of consumers and growing developments in flooring materials used in numerous end-user sectors. However, some of the major challenges faced by the floor adhesives market include the enactment of norms pertaining to the security of workers and the release of volatile organic compounds.
The China floor adhesives market is segmented based on resin type, technology, end-use, application, region, and company. Based on resin type, the market has been segmented into polyurethane adhesive, epoxy adhesive, vinyl adhesive, acrylic adhesive, and others. Among them, the acrylic adhesive segment dominated the market until 2019 and is forecast to maintain its dominance through 2025 as well. This is because the acrylic adhesive is the most used floor adhesive, attributable to its numerous properties such as flexibility, better adhesion, and suitability for multiple terrains. Also, the polyurethane adhesive segment is projected to register high growth in the years to come owing to its excellent properties like long-lasting surface finish, superior chemical, solvent, and scratch resistance, resistance against UV light damage, general wear-and-tear, and extreme temperature variations.
Major players operating in the China floor adhesives market
- 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.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
The objective of the Study:
- To analyze and forecast the market size of China floor adhesives market.
- To classify and forecast the China floor adhesives market based on resin type, technology, end-use, application, company, and regional distribution.
- To identify drivers and challenges for the China floor adhesives market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the China floor adhesives market.
- To conduct pricing analysis for the China floor adhesives market.
- To identify and analyze the profile of leading players operating in the China floor adhesives market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the region.
TechSci Research calculated the market size of the China floor adhesives market using a bottom-up approach, wherein data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
Key Target Audience:
- Floor adhesives manufacturers, suppliers, distributors, and other stakeholders
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to floor adhesives
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, China floor adhesives market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Resin Type:
- Polyurethane Adhesive
- Epoxy Adhesive
- Vinyl Adhesive
- Acrylic Adhesive
- Others
- Market, By Technology:
- Water-Based Adhesive
- Hot-Melt Adhesive
- Solvent-Based Adhesive
- Market, By End-Use:
- Residential
- Industrial
- Commercial
- Market, By Application:
- Wood
- Carpet
- Laminate
- Tile & Stone
- Others
- Market, By Region:
o South Central
o South West
o East
o North & North-East
o North-West
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in China floor adhesives market.
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Table of Content
- Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
- China Floor Adhesives Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Resin Type (Polyurethane Adhesive, Epoxy Adhesive, Vinyl Adhesive, Acrylic Adhesive and Others)
5.2.2. By Technology (Water-Based Adhesive, Hot-Melt Adhesive and Solvent-Based Adhesive)
5.2.3. By End-Use (Residential, Industrial and Commercial)
5.2.4. By Application (Wood, Carpet, Laminate, Tile & Stone and Others)
5.2.5. By Region (South Central, South West, East, North & North-East, North-West)
5.2.6. By Company
5.3. Market Attractiveness Index
- ChinaPolyurethane Adhesive Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Technology
6.2.2. By Application
6.2.3. By Region
- ChinaEpoxy Adhesive Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Technology
7.2.2. By Application
7.2.3. By Region
- ChinaVinyl Adhesive Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Technology
8.2.2. By Application
8.2.3. By Region
- ChinaAcrylic Adhesive Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Technology
9.2.2. By Application
9.2.3. By Region
- Market Dynamics
8.1. Drivers
8.2. Challenges
- Market Trends & Developments
- Pricing Analysis
8.1. By Resin Type
- Competitive Landscape
10.1. Competition Outlook
10.2. Company Profiles (Leading Companies)
10.2.1. Bostik Findley China Co. Ltd.
10.2.2 Mapei China Ltd
10.2.3. Laticrete International （China）Co. Ltd.
10.2.4. Forbo Shanghai Co Ltd
10.2.5. Dow Chemical China Co Ltd
10.2.6. Sika China Ltd
10.2.7. BASF China Co Ltd
10.2.8. Henkel China Investment Co Ltd
10.2.9. Wacker Chemicals Nanjing Co Ltd
- Strategic Recommendations
- About Us & Disclaimer