| Product Code: ETC5733893 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cape Verde continued to rely heavily on imports of floor adhesive, with top exporting countries being Portugal, China, USA, Spain, and Lebanon. Despite a high concentration of imports, the market experienced a slight decline with a negative CAGR of -0.19% from 2020 to 2024. The growth rate in 2024 dropped significantly by -16.49%, indicating a challenging year for the industry. It will be interesting to see how market dynamics evolve and if there will be any shifts in the import landscape in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Floor Adhesive Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Floor Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Floor Adhesive Market - Industry Life Cycle |
3.4 Cape Verde Floor Adhesive Market - Porter's Five Forces |
3.5 Cape Verde Floor Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cape Verde Floor Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cape Verde Floor Adhesive Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Cape Verde Floor Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Cape Verde |
4.2.2 Growing demand for modern and aesthetically pleasing flooring solutions |
4.2.3 Rising investments in infrastructure development in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Limited availability of skilled labor for installation of floor adhesive products |
4.3.3 Stringent regulations and compliance requirements in the construction sector |
5 Cape Verde Floor Adhesive Market Trends |
6 Cape Verde Floor Adhesive Market Segmentations |
6.1 Cape Verde Floor Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Floor Adhesive Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Cape Verde Floor Adhesive Market Revenues & Volume, By Urethane, 2021-2031F |
6.1.4 Cape Verde Floor Adhesive Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.5 Cape Verde Floor Adhesive Market Revenues & Volume, By Vinyl, 2021-2031F |
6.2 Cape Verde Floor Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Floor Adhesive Market Revenues & Volume, By Tile & Stone, 2021-2031F |
6.2.3 Cape Verde Floor Adhesive Market Revenues & Volume, By Carpet, 2021-2031F |
6.2.4 Cape Verde Floor Adhesive Market Revenues & Volume, By Wood, 2021-2031F |
6.2.5 Cape Verde Floor Adhesive Market Revenues & Volume, By Laminate, 2021-2031F |
6.3 Cape Verde Floor Adhesive Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Floor Adhesive Market Revenues & Volume, By Water-based, 2021-2031F |
6.3.3 Cape Verde Floor Adhesive Market Revenues & Volume, By Solvent-based , 2021-2031F |
6.3.4 Cape Verde Floor Adhesive Market Revenues & Volume, By Hot-melt based, 2021-2031F |
7 Cape Verde Floor Adhesive Market Import-Export Trade Statistics |
7.1 Cape Verde Floor Adhesive Market Export to Major Countries |
7.2 Cape Verde Floor Adhesive Market Imports from Major Countries |
8 Cape Verde Floor Adhesive Market Key Performance Indicators |
8.1 Average number of new construction projects initiated annually in Cape Verde |
8.2 Percentage increase in the adoption of eco-friendly floor adhesive products |
8.3 Rate of technological advancements in floor adhesive formulations and application techniques |
9 Cape Verde Floor Adhesive Market - Opportunity Assessment |
9.1 Cape Verde Floor Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cape Verde Floor Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cape Verde Floor Adhesive Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Cape Verde Floor Adhesive Market - Competitive Landscape |
10.1 Cape Verde Floor Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Floor Adhesive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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