Global ceramic adhesive market expansion over 2021-2027 will be largely influenced by the demand for high-performance, cost-efficient, and eco-friendly construction materials. The expanding building & construction sector, particularly in emerging economies, is driving the demand for ceramic adhesives. The growing public investments and initiatives to offer affordable housing solutions, commercial buildings, and public spaces to the increasing urban population will further amplify the product demand in the forthcoming years. In developed regions, the consumption of ceramic adhesives will grow due to the increased consumer spending on home renovation activities.
The ceramic adhesive industry share is rising owing to the numerous performance characteristics of these formulations including high-temperature handling capacities. Epoxy and phenolic adhesives, for example, can be used up to a temperature of around 150°C. Numerous adhesives for ceramic applications are available that can work in temperatures of up to 2200°C.
In terms of the application scope, the ceramic adhesive market is poised to witness tremendous opportunities across the dental sector through 2027. According to the WHO, oral diseases affect more than 3.5 billion people across the world each year. The rise in the number of oral health problems due to lifestyle changes and old age are leading to an increased number of dental consultations. For numerous dental problems, ceramic restorations are being used as an alternative to ceramic-metal restorations as they are more aesthetic, biocompatible, and cost-effective. Therefore, specialty adhesive formulations are anticipated to witness a robust demand across dental applications.
Considering the regional landscape, the North America ceramic adhesive industry is slated to experience monumental growth between 2021 and 2027. The regional production consumption will be driven by the growing infrastructure development and the increased consumer spending on home renovation. In 2020, Americans spent USD 13,000 on average on home renovation projects, about 50% more than they spent in 2019. Of all renovations, bathroom upgrades, where ceramic is widely used, accounted for around 30% share.
The volume of home refurbishment activities could further increase in the future backed by favorable government policies. In the U.S. for instance, the government offers programs such as the Weatherization Assistance Program (WAP) and home equity loans for homeowners planning to repair or renovate their homes. The growing consumer preference for aesthetic home interiors along with rising demand across the dental sector will positively impact North America ceramic adhesive market in the future.
3M, BASF, Dunlop, Parson adhesives, Inc., Saint-Gobain Weber, Permabond LLC, Dural Industries, Terraco, Mapei, Bostik, Henkel, Kuraray, and Ivoclar Vivadent Inc. are among the major companies that produce ceramic adhesives. Companies are continuously working towards developing novel solutions to meet the growing market demand. The growing investments in research and development and the introduction of new products will augment the ceramic adhesives industry forecast.
In December 2020, 3M Company had introduced two novel adhesive formulations for dental applications – the 3M RelyX Universal Resin Cement and the 3M Scotchbond Universal Plus Adhesive. The 3M RelyX is a cement-based ceramic adhesive that offers exceptional bond strength. The 3M Scotchbond an all-in-one universal adhesive which serves as a universal primer for a wide range of materials including glass ceramics.
COVID-19 impact on ceramic adhesive market trends
The ceramic adhesive industry has witnessed a significant drop in demand due to the temporary shutdown or postponement of construction projects in light of the COVID-19 pandemic. The manufacturers have had to overcome numerous new challenges including supply chain concerns, restrictions on movement, and shortage of workforce. Additionally, the reduced number of dental clinic visitations and dental procedures amid lockdown restrictions have negatively impacted the market outlook.