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Ceramic Adhesive Market Size, Growth Potential Analysis, Porters Analysis, Pricing Trend, Regulatory Landscape & Forecast, 2023 – 2032
- Report ID: GMI3603
Ceramic Adhesive Market size is poised to grow with a lucrative CAGR from 2023 to 2032, largely influenced by the demand for high-performance, cost-efficient, and eco-friendly construction materials. The expanding building and construction sector, particularly in emerging economies, will drive 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 increased consumer spending on home renovation activities.
The Ukraine-Russia war has led to economic sanctions on multiple countries, which have simultaneously increased commodity prices and caused supply chain disruptions, impacting the expansion of the ceramic adhesive market.
The ceramic adhesive industry share is estimated to rise owing to the numerous performance characteristics of these formulations, including their high-temperature handling capacities. For example, epoxy and phenolic adhesives 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 2032. According to the WHO, oral diseases affect more than 3.5 billion people annually. The rise in oral health problems due to lifestyle changes and old age is leading to increased 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 market is slated to experience monumental growth between 2023 and 2032. The growing infrastructure development and an increased consumer spending on home renovation will drive regional product consumption. The volume of home refurbishment activities could increase, backed by favorable government policies. The growing consumer preference for aesthetic home interiors, along with rising demand across the dental sector, will positively impact regional market share.
Key players operating in the ceramic adhesive market are 3M, BASF, Dunlop (DNA Limited, Frasers Group), Parson Adhesives, Inc., Saint-Gobain Weber, Permabond LLC, Dural Industries, Terraco, Mapei, Bostik, Henkel, Kuraray, and Ivoclar Vivadent Inc. Companies are continuously working towards developing novel solutions to meet the growing market demand. The rising investments in research and development and the introduction of new products will augment the ceramic adhesives business demand.
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