Floor Adhesives Market is Projected to Grow at a Healthy Rate

Detroit, Mich. -- Adhesives have progressively become the preferred choice to install most flooring types used today in residential, commercial, and industrial markets. Apart from tile and stone, which are more often used with a cementitious product for adherence, all the other major flooring types such as resilient, wood, and carpet are predominantly installed using polymer adhesives. There are various types of adhesives used to adhere different flooring with substrates. The selection of the type of adhesives is largely dependent on the flooring type as well as flooring application.

The global floor adhesives market is projected to grow at a healthy growth over the next five years and reach $6.9 billion in 2023, according to a recent report from Stratview Research. A growing global construction industry, increased consumption of adhesives globally, increased use of water-based adhesives over solvent-based adhesives to reduce VOC emissions, replacement of mechanical fastening systems with adhesives, and ability of adhesives to bond dissimilar materials are some of the key factors burgeoning the demand for floor adhesives in the construction industry. Another factor which attracts adhesives usage is ease of installation of polymer-based adhesives compared to traditional mechanical fastening system or cementitious powders.