Report Details:
15 Companies Covered
200 Pages
Pune, India, December, 2020/MRFR Press Release/- Market Research Future Published a Half Cooked Research “Global India Tile Adhesives Market Research Report - Forecast to 2035” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2035.
India Tile Adhesive Market Highlights
The Indian Tile Adhesives Market was valued at USD 284.3 million in 2024. This market is anticipated to expand from USD 309.6 million in 2025 to USD 831.4 million by 2035, demonstrating a compound annual growth rate (CAGR) of 10.4% over the forecast period (2025 - 2035).
Tile adhesive is a non-metallic substance which is able to join two substrates using adhesion mechanisms (developed between the adhesive and substrate) and cohesive mechanism (developed within the adhesive itself). They have ultimate flexibility, high bond strength, shock & impact and chemical resistance. Tile adhesives are used to install tiles in residential, commercial and institutional buildings on floors or on walls.
India is a potential market for construction activities, therefore, tile adhesive demand has been in the rise over the past five years in this market. Growth in India tile adhesive market is highly credible to tremendous growth in residential construction activities and growing ceramic tile consumption. In addition to this, commercial activities are also increasing year by year driven by large investment from foreign countries. However, low profit merging coupled with lesser awareness regarding the tile adhesive has been challenging the growth of this market. The global market has witnessed increasing consumption trend of polymer modified compendious tile adhesives over the past five years. Since the Asia Pacific was one of the prominent market for construction industry, aforementioned trend has been seem followed by Indian market as well.
Key Players:
MYK LATICRETE India Inc., Pidilite Industries Ltd., ReynoArch Construction Chemical, Arkema, BASF, Asian Paints, Sika AG, Ardex Group, Kajaria Ceramics Limited, Saint-Gobain Group. among others. and among others are some of the prominent players at the forefront of competition in the Global India Tile Adhesives Market and are profiled in MRFR Analysis.
India Tile Adhesives Market- Competitive Landscape
India tile adhesive represents healthy numbers in terms of consumption and it is likely to grow significantly. Since the country has a presence of global leaders, demand for tile adhesives is growing as a results of global developments. Pidilite is one of the key industry participant in this market holding a key shares and likely to dominate the market in the coming years as well. MYK LATICRETE India Inc., Pidilite Industries Ltd., ReynoArch Construction Chemical, Arkema, BASF, Asian Paints, Sika AG, Ardex Group, Kajaria Ceramics Limited, Saint-Gobain Group. are the other global players actively operating in the India market. ‘Make In India’ initiative by Indian government has resulted into increasing construction activities and led this market to undergo several acquisition as well as capacity expansion activities over the last three years.
Industry/ Innovation/ Related News
October 2019: Pidilite launched TVC for tile adhesive brand Roff. Roff has unveiled its first TVC themed around ‘Roff mein hain magar ki jakkad’. Roff is an environmentally safe and economical additive for cement and offers a comprehensive range of Tile and Stone fixing solutions. Roff not just improves the strength of cement but also enhances its workability for fixing tiles.
Source: https://web.archive.org/web/20240625125717/https://www.marketresearchfuture.com/reports/india-tile-adhesive-market-4655
January 2021– Kajaria Ceramics Limited, a ceramic floor and wall production company in India, is observed to beat earnings expectations. Analysts are now working on new forecasts to boost their revenue, further.
December 2020- Pidilite Industries, a renowned adhesive manufacturing brand in India, also known for selling industrial and construction chemicals; focuses on scaling up their business through geographic expansion and innovation.
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