Global Ceramic Adhesives market research report presents a comprehensive assessment of the industry and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
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The report "Ceramic Adhesives Market by Chemistry Type (Cement-based, Epoxy, Acrylic, Silicone, Cyanoacrylate), Application (Building & Construction, Dental), Region (APAC, Europe, North America, MEA, Central & South America) - Global Forecast to 2022 "
The ceramic adhesives market is projected to reach USD 7.84 Billion by 2022, at a CAGR of 5.1% from 2017 to 2022. The ceramic adhesives market is projected to grow from USD 6.12 billion in 2017 to USD 7.84 billion by 2022, at a CAGR of 5.1% from 2017 to 2022.
The growth of the ceramic adhesives market across the globe can be attributed to increased demand for ceramic adhesives from the building & construction industry due to increasing number of residential and commercial buildings being constructed across the globe.
Based on chemistry type, the cement-based segment is expected to lead the ceramic adhesives market, in terms of both volume and value, during the forecast period.
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The epoxy segment of the ceramic adhesives market is also expected to grow at a significant rate, in terms of value, during the forecast period. Epoxy ceramic adhesives are widely used in a number of end-use industries, especially in niche applications, wherein excellent bonding strength is required.
Moreover, these adhesives also offer excellent strength and versatility. Epoxy ceramic adhesives are also used in several applications such as consumer Do-It-Yourself (DIY), owing to their versatility.
However, consumption of these adhesives is limited to a few specific applications due to their high prices.
The Asia Pacific ceramic adhesives market is projected to grow at the highest rate during the forecast, in terms of both, value as well as volume. Manufacturers of ceramic adhesives are targeting the Asia Pacific region as it has the largest construction industry in the world, which accounts for a share of 40% of the global construction spending.
The China ceramic adhesives market is projected to witness significant growth during the forecast period due to the continuous shift of the ceramic adhesives production facilities of various companies to the country. Countries such as India, Thailand, and Indonesia are witnessing increased investments in their building & construction industry, which is likely to influence the growth of the ceramic adhesives market in these countries.
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