Market Overview

The Australia and New Zealand tile adhesive market was USD 55.85 million in 2021. The market is projected to reach USD 104.51 million by the end of the forecast period at a CAGR of 7.26%.

In terms of volume, the Australia and New Zealand market was 101.90 kilotons in 2021 and is anticipated to register a CAGR of 6.46% during the forecast period.

The Australia and New Zealand tile adhesive market is prominently influenced by many market-driven factors. Some of the market-driven factors, which are slated to fuel the Australia and New Zealand market growth include growing demand for tile, rising disposable income, and rapid urbanization.

Apart from these factors, growing investment in residential as well as non-residential construction activities across the globe is projected to trigger Australia and New Zealand tile adhesive market growth.

Residential construction is a leading segment in the tile adhesive market based on its end use. Non-residential construction is commercial and institutional. The commercial construction activities include new construction, replacement, and transportation activities. Demand for decorative tiles in commercial construction offers a good perspective, which is expected to drive the tile adhesives market.

Decorative tile can be installed in malls, airports, office buildings, retail outlets, and commercial buildings, with uses including flooring, wall coverings, and other applications. The demand is dominated by the floor covering applications for decorative, ceramic, vitrified, and other tiles as consumer preference have shifted from carpets and rugs to tiles, which will continue to spur the demand for tile adhesives.

Market Segmentation

According to our analysis, the Australia and New Zealand tile adhesive market is segmented into type, chemistry, application, end-use, and region. Based on type, the tile adhesive market is segmented into cementitious, dispersion, and reactive tile adhesive. The cementitious segment accounted for the largest market share of 75.78% in 2021 with a market value of USD 42.32 million.

Based on chemistry, the market is segmented as vinyl acetate ethylene, VAE-volva, acrylic, styrene-butadiene, epoxy, polyurethane, and others. Acrylic accounted for the largest value market share of 29.61% in 2021 due to its use in cementitious tile adhesive (as an additive) as well as dispersion tile adhesive (purely acrylic dispersion).

The prominent application of tile adhesives includes ceramic tile followed by ceramic tile, vitrified tiles, mosaic and glass, natural stone, and others. The segment is anticipated to register the highest CAGR of 7.61% during the forecast period due to the growing demand for ceramic tiles in various applications such as flooring, walls, kitchen counters, patios, and walkways. Based on end use, the market is segmented as residential, commercial, and institutional. The residential segment accounted for the largest market share of 65.54% in 2021 with a market value of USD 70.92 million.

Major Players

Henkel AG & Co KgaA, Bostik, BASF SE, Henkel AG & Co KgaA, Sika AG, and Saint-Gobain Weber

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY
1.1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.2 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE MARKET, BY TYPE
1.1.3 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE MARKET, BY CHEMISTRY
1.1.4 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE MARKET, BY APPLICATION
1.1.5 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE MARKET, BY END USE
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS & LIMITATIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 BOOMING CONSTRUCTION INDUSTRY
4.2.2 GROWING TILE MARKET
4.2.3 INCREASING DEMAND FOR CEMENTITIOUS TILE ADHESIVE
4.2.4 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
4.3.1 LOW PROFIT MARGINS AND LOW AWARENESS REGARDING TILE ADHESIVES
4.3.2 RESTRAINTS IMPACT ANALYSIS
4.4 OPPORTUNITIES
4.4.1 INNOVATIVE LOW VOC TILE ADHESIVE
4.5 CHALLENGE
4.5.1 USE OF POLYMER-BASED CEMENTITIOUS TILE ADHESIVE
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS
5.1.1 RAW MATERIALS SUPPLIERS
5.1.2 TILE ADHESIVES MANUFACTURERS
5.1.3 DISTRIBUTION CHANNELS
5.1.4 END USERS
5.2 PORTER’S FIVE FORCES MODEL
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 BARGAINING POWER OF SUPPLIERS
5.2.3 THREAT OF SUBSTITUTES
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF RIVALRY
5.3 IMPACT OF COVID 19 OUTBREAK ON THE AUSTRALIA AND NEW ZEALAND TILE ADHESIVES MARKET
5.3.1 IMPACT OF COVID 19 ON THE SUPPLY CHAIN OF TILE ADHESIVES
5.3.2 QUALITATIVE ANALYSIS ON CHANGE IN DEMAND FOR TILE ADHESIVES DUE TO COVID 19
6 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE MARKET, BY TYPE
6.1 OVERVIEW
6.1.1 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE: MARKET ESTIMATES & FORECAST BY TYPE, 2019–2030
6.1.2 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE: MARKET ESTIMATES & FORECAST BY TYPE, 2019–2030
7 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE MARKET, BY CHEMISTRY
7.1 OVERVIEW
7.1.1 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE: MARKET ESTIMATES & FORECAST BY CHEMISTRY, 2019–2030
7.1.2 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE: MARKET ESTIMATES & FORECAST BY CHEMISTRY, 2019–2030
8 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE MARKET, BY APPLICATION
8.1 OVERVIEW
8.1.1 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019–2030
8.1.2 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019–2030
9 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE MARKET, BY END-USE
9.1 OVERVIEW
9.1.1 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE: MARKET ESTIMATES & FORECAST BY END-USE, 2019–2030
9.1.2 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE: MARKET ESTIMATES & FORECAST BY END-USE, 2019–2030
10 AUSTRALIA AND NEW ZEALAND TILE ADHESIVE MARKET, BY REGION
10.1 OVERVIEW
10.2 AUSTRALIA
10.3 NEW ZEALAND
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 RECENT DEVELOPMENTS, MERGERS/ACQUISITIONS
11.3 AUSTRALIA AND NEW ZEALAND MARKET STRATEGY ANALYSIS
11.4 MARKET SHARE ANALYSIS, KEY PLAYERS, 2021 (%)
11.5 COMPETITIVE BENCHMARKING, TILE ADHESIVE BRANDS
12 COMPANY PROFILES
12.1 BOSTIK
12.1.1 COMPANY OVERVIEW
12.1.2 FINANCIAL OVERVIEW
12.1.3 PRODUCTS OFFERED
12.1.4 KEY DEVELOPMENTS
12.1.5 SWOT ANALYSIS
12.1.6 KEY STRATEGIES
12.2 SIKA AG
12.2.1 COMPANY OVERVIEW
12.2.2 FINANCIAL OVERVIEW
12.2.3 PRODUCTS OFFERED
12.2.4 KEY DEVELOPMENT
12.2.5 SWOT ANALYSIS
12.2.6 KEY STRATEGIES
12.3 SAINT GOBAIN WEBER S.A.
12.3.1 COMPANY OVERVIEW
12.3.2 FINANCIAL OVERVIEW
12.3.3 PRODUCTS OFFERED
12.3.4 KEY DEVELOPMENTS
12.3.5 SWOT ANALYSIS
12.3.6 KEY STRATEGIES
12.4 BASF SE
12.4.1 COMPANY OVERVIEW
12.4.2 FINANCIAL OVERVIEW
12.4.3 PRODUCTS OFFERED
12.4.4 KEY DEVELOPMENTS
12.4.5 SWOT ANALYSIS
12.4.6 KEY STRATEGIES
12.5 3M
12.5.1 COMPANY OVERVIEW
12.5.2 FINANCIAL OVERVIEW
12.5.3 PRODUCTS OFFERED
12.5.4 KEY DEVELOPMENTS
12.5.5 SWOT ANALYSIS
12.5.6 KEY STRATEGIES
12.6 DUPONT INC.
12.6.1 COMPANY OVERVIEW
12.6.2 FINANCIAL OVERVIEW
12.6.3 PRODUCTS OFFERED
12.6.4 KEY DEVELOPMENTS
12.6.5 SWOT ANALYSIS
12.6.6 KEY STRATEGIES
12.7 HENKEL AG & CO KGAA
12.7.1 COMPANY OVERVIEW
12.7.2 FINANCIAL OVERVIEW
12.7.3 PRODUCTS OFFERED
12.7.4 KEY DEVELOPMENTS
12.7.5 SWOT ANALYSIS
12.7.6 KEY STRATEGIES
12.8 H.B. FULLER
12.8.1 COMPANY OVERVIEW
12.8.2 FINANCIAL OVERVIEW
12.8.3 PRODUCTS OFFERED
12.8.4 KEY DEVELOPMENTS
12.8.5 SWOT ANALYSIS
12.8.6 KEY STRATEGIES
12.9 MAPEI SPA
12.9.1 COMPANY OVERVIEW
12.9.2 FINANCIAL OVERVIEW
12.9.3 PRODUCTS OFFERED
12.9.4 KEY DEVELOPMENTS
12.9.5 SWOT ANALYSIS
12.9.6 KEY STRATEGIES
12.10 DUNLOP
12.10.1 COMPANY OVERVIEW
12.10.2 FINANCIAL OVERVIEW
12.10.3 PRODUCTS OFFERED
12.10.4 KEY DEVELOPMENTS
12.10.5 SWOT ANALYSIS
12.10.6 KEY STRATEGIES
12.11 BAYSET
12.11.1 COMPANY OVERVIEW
12.11.2 FINANCIAL OVERVIEW
12.11.3 PRODUCTS OFFERED
12.11.4 KEY DEVELOPMENTS
12.11.5 SWOT ANALYSIS
12.11.6 KEY STRATEGIES
12.12 ARDEX
12.12.1 COMPANY OVERVIEW
12.12.2 FINANCIAL OVERVIEW
12.12.3 PRODUCTS OFFERED
12.12.4 KEY DEVELOPMENTS
12.12.5 SWOT ANALYSIS
12.12.6 KEY STRATEGIES
13 APPENDIX
13.1 REFERENCES
13.2 RELATED REPORTS

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