GCC putty and white cement-based tile
adhesive market are projected to grow at a significant rate in the projected
period. Putty and white cement-based tile adhesive is a white color adhesive
compound having an excellent adhesive property for filling gaps and fissures.
When white cement shrinks after drying, a good combination of cement, sand, and
water will be helpful for filling the gaps. It is a cementitious tile adhesive
that is water-resistant when applied on the floor and wall for pasting tiles.
The rising number of high rises building
in the region and the demand for decorative texture on walls in residential
places are a factor propelling the demand for putty and white cement-based tile
adhesive market. A growing number of pools in the region requires tile adhesive
to make a barrier between the pool & ground, which holds water for a more
extended period. Apart from these, the advantage of tiles over the paints, such
as waterproofing and appealing visual, led to the increasing demand for putty
and white cement-based tile adhesive. Moreover, the government's policy over
construction and tourism is propelling the putty and white cement-based tile
adhesive market.
Growing Number of Infrastructural Projects
Infrastructure investment is growing
across the GCC nations, providing a favorable and optimal environment for
foreign investment and collaborations. The migration in the region is upsurging
due to increasing tourism, business, and job opportunity, leading to the demand
for new buildings where they can stay and work. The development of significant
projects like Neom city, the National Aquarium, the Dubai Expo 2020, and the
FIFA World Cup 2022 in Qatar led to the demand for putty and white cement-based
tile adhesive to develop different construction projects. All these projects
need decoration and waterproofing while constructing pools, rooms, and other
places to make the project sustainable for the long term. Moreover, the
existing constructed building is expected to need putty and white cement-based
tile adhesive as the region's temperature is high and damaging the existing
structure.
Government of all six GCC countries are
launching various infrastructural developmental master plans that will
predominantly increase the number of commercial and residential facilities
across the region and create opportunities for putty and white cement based
tile adhesive players. For instance, Dubai’s 2040 mega-urban master plan will
increase the potential market for local and international suppliers of adhesive
and sealants as they will get involved at the envisioning stage of this master
plan. This visionary master plan for Saudi Arabia, UAE, Qatar, and Kuwait will
have immense opportunities to use adhesive and sealants.
Supportive Government Policies
Favorable government policies like Saudi
vision 2030, UAE 2030, Qatar vision 2030, Kuwait vision 2035, and others are
ambitious plans where a proper development blueprint is mentioned to propel
market growth. In this period, various construction projects are planned to
develop or developed, such as Yas Bay, Diriya Gate, National Aquarium,
Beachfront, Qiddiya Entertainment City, Sea World; Expo 2020 are the projects
where putty and white cement-based tile adhesive needed and expected to propel
the market. It is used to paste tiles on walls and floors to make the structure
safer and attractive and sustainable for a more extended period. Thus, it
propels the demand for the putty and white cement-based tile adhesive market
for the forecasted period.
Rising Gross National Income
GCC countries' gross national income
increased significantly between 2011 and 2013, owing to the region's economic
prosperity and immigration of expatriate workers from both Arab and Asian
countries (such as Palestine, Egypt, Yemen, and Syria) (such as Bangladesh,
India, Pakistan, the Philippines, the Republic of Korea, Sri Lanka and
Thailand). This increased need for housing and other infrastructures, such as
educational facilities, health facilities, hence contributing to the Middle
East, GCC and North Africa construction sector growth and the demand for putty
and white cement based tile adhesives. This is expected to contribute to the
growth of the market.
Download Free Sample Report
Market Segmentation
GCC putty and
white cement-based tile adhesive market has been segmented based on type, polymer
chemistry, usage area, application, pack size, and end use.
Based on type, the market is segmented into
cementitious
and dispersible polymer powder. Based on polymer
chemistry, the market is divided into acrylic,
epoxy, polyurethane, and others. Based on usage
area, the market is divides into internal, external, dry, and wet areas. Based
on application, the market is divides into wall tile, floor tile, and roof
& ceiling tile. Based on pack size, the market is divides into Up to 20Kg,
20Kg-40Kg, 40Kg & above. Based on end-user, the market
is divides into residential, commercial, and institutional.
Market Players
Sika AG, Terraco Group, Envirocon L.L.C.,
Bostik SA (Arkema), JK Cement Limited, Ultratech Cement (Aditya Birla Group), Asian
Paints Limited, Saint-Gobain (Weber), Saudi Vetonit Co. Ltd. are the key
players operating in the GCC Putty and White Cement Based Tile Adhesive market
|
Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historic
Data
|
2018 – 2021
|
|
Estimated
Year
|
2023
|
|
Forecast
Period
|
2024 – 2028
|
|
Quantitative
Units
|
Revenue in USD
Million, Volume in Thousand Tonnes and CAGR for 2018-2021 and 2022-2028
|
|
Report coverage
|
Revenue forecast, company
share, competitive landscape, growth factors, and trends
|
|
Segments
covered
|
·
Type
·
Polymer Chemistry
·
Usage Area
·
Application
·
Pack Size
·
End Use
|
|
Regional
scope
|
Saudi Arabia, UAE,
Qatar, Kuwait, Oman, Bahrain.
|
|
Key companies
profiled
|
Sika AG,
Terraco Group, Envirocon L.L.C.,
Bostik SA (Arkema), JK Cement Limited, Ultratech Cement (Aditya Birla Group),
Asian Paints Limited, Saint-Gobain (Weber), Saudi Vetonit Co. Ltd.
|
|
Customization
scope
|
10% free report
customization with purchase. Addition or alteration to country, regional
& segment scope.
|
|
Pricing and
purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, GCC Putty and White
Cement Based Tile Adhesive market has been segmented into following categories,
in addition to the industry trends which have also been detailed below:
- GCC Putty and White Cement Based Tile Adhesive Market,
By Type:
- Cementitious
- Dispersible
Polymer Powder
- GCC Putty and White Cement Based Tile Adhesive Market,
By Polymer Chemistry:
- Acrylic
- Epoxy
- Polyurethane
- Others
- GCC Putty and White Cement Based Tile Adhesive Market,
By Usage Area:
- Internal
- External
- Dry and
Wet Areas
- GCC Putty and White Cement Based Tile Adhesive Market,
By Application:
- Wall
Tile
- Floor
Tile
- Roof
& Ceiling Tile
- GCC Putty and White Cement Based Tile Adhesive Market,
By Pack Size:
- Up to
20Kg
- 20Kg-40Kg
- 40Kg
& Above
- GCC Putty and White Cement Based Tile Adhesive Market,
By End User:
- Residential
- Commercial
- Institutional
- GCC Putty and White Cement Based Tile Adhesive Market, By Country:
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Oman
- Bahrain
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in GCC putty and white cement-based tile adhesive market.
Available
Customizations:
With
the given market data, TechSci Research offers customizations according to a
company’s specific needs. The following customization options are available for
the report:
Company
Information
- Detailed analysis and profiling of additional
market players (up to five).
Gulf Cooperation Council putty
and white cement-based tile adhesive market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]