Pune, India -- (SBWIRE) -- 10/26/2018 -- Segmentation:

The India Tile Adhesive Market is segmented on the basis of type and end-user. On the basis of type, market is divided into cementitious Tile Adhesive, epoxy tile adhesive, and dispersion Tile Adhesive.

Base on Construction Activity, the market is categorized in new construction and repair & renovation.

By Application, the India Tile Adhesive Market is segmented into residential, commercial, and institutional.

Key Players:

The prominent players in the India Tile Adhesive Market Pidilite Industries Ltd, MYK LATICRETE INDIA PVT LTD, Saint-Gobain Weber, Fosroc India, BASF India Ltd, Huntsman Corporation, Kajaria Ceramics Limited, Bostik, H.B. Fuller Company, SIKA INDIA, ADREX Group, and Henkel AG & Co. KGaA, among others.

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Key Findings:

The India Tile Adhesive Market is projected to reach USD 136.76 million by 2023 with 9.08% CAGR growth rate during review period of 2017-2023. Among the three major types of Tile Adhesives, cementitious tile adhesive accounts for the largest share due to its low price as compared to dispersion adhesive and epoxy tile adhesive. Among residential, commercial, and institutional applications of tile adhesives in the India, residential segment is the dominating the market during the review period and is estimated to reach USD 101.16 Million till 2023.

Intended Audience

Manufacturers and distributors of Tile Adhesives in INDIAN Markets.
Manufacturers and Distributors of Coatings.
Manufacturers and Distributors of Paints.
Suppliers and Traders of Building Materials.
Government, Associations and Industrial Bodies.
Investors and Trade experts.
Consulting in Chemical Experts.

Regional Analysis:

The India Tile Adhesive Market is growing at considerable CAGR. This market growth is attributed to the homeowners seeking to replace old and worn floors with modern, aesthetically pleasing tile styles, the Tile Adhesive market experiences a continuous surge in India. In additional to this, increasing demand of decorative tiles in non-residential construction activities such as malls, airports, office buildings, retail outlets, and other municipal and commercial buildings is another factor that drives the Indian Tile Adhesive Market.

Moreover, the major player are launching new range of products to provide better adhesion and prolonged bonding ability and expanding their production capacities in Tile Adhesives. The major key players in this includes, Pidilite Industries Ltd., Henkel, Huntsman, Fosroc, Bostik, MYK Laticrete India Pvt Ltd., Mapei Construction Products India Pvt Ltd., Ardex Endura, and Sika India Private Ltd., among others.

Fosroc India launched a range of high quality tiling products offering significant improvements over existing tiling solutions to the Indian market. In addition to this, Kajaria has opened its largest state-of-art galaxy store in New Delhi recently. Furthermore, another company named Roff, has opened twenty experience centres in Kerala where the consumers will be made aware of the advantages tile adhesives and grouts made by Roff have, over more traditional methods of tile fixing through a variety of displays and demonstrations.

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