Epoxy Grout Market Size
Market Overview
| Study Period | 2017 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 0.86 Billion |
| Market Size (2030) | USD 1.21 Billion |
| Growth Rate (2025 - 2030) | 6.97% CAGR |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Epoxy Grout Market Analysis
The Epoxy Grout Market size is estimated at USD 0.86 billion in 2025, and is expected to reach USD 1.21 billion by 2030, at a CAGR of 6.97% during the forecast period (2025-2030).
The epoxy grout industry is experiencing significant transformation driven by evolving construction practices and technological advancements. A notable shift towards sustainable and eco-friendly construction materials is reshaping product development and market dynamics. The European Union's new energy efficiency directive for buildings has catalyzed renovation activities and the construction of carbon-neutral buildings, with countries like Italy targeting to renovate over two-thirds of their houses by 2050. This sustainability push has led manufacturers to develop low-VOC formulations and environmentally conscious products, particularly in mature markets like Europe and North America.
The industry is witnessing a surge in demand driven by large-scale infrastructure modernization initiatives worldwide. The Philippines' ambitious infrastructure development program, which includes approximately 123 projects valued at USD 163 billion in 2023, exemplifies this trend. These projects encompass various sectors, including transportation, energy, and urban development, creating substantial opportunities for epoxy grout applications. The growing emphasis on infrastructure resilience and durability has led to increased adoption of high-performance grout, including epoxy grouts, particularly in critical applications requiring chemical-resistant grout.
Technological innovations in epoxy grout formulations are revolutionizing product performance and application methods. Manufacturers are developing advanced formulations with improved workability, faster curing times, and enhanced durability characteristics. The integration of nanotechnology in epoxy grout production has resulted in products with superior strength, chemical resistance, and thermal stability. These innovations are particularly relevant in commercial construction, where the global new floor area witnessed a modest growth of 0.15% in 2022, indicating a steady demand for high-performance construction grout materials.
The market is being shaped by changing architectural preferences and building design trends. The rise of open-plan offices, industrial-style interiors, and minimalist design aesthetics has increased the demand for exposed concrete floors and industrial-look finishes, where epoxy grouts play a crucial role. This trend is particularly evident in commercial construction, where European companies drove the construction of 4.5 million square feet of new office space in 2022. Additionally, the growing preference for prefabricated and modular construction methods has led to innovations in epoxy grout formulations that better suit these modern construction techniques, offering improved installation efficiency and performance reliability.
Global Epoxy Grout Market Trends
Asia-Pacific's surge in large-scale office building projects is set to elevate the global floor area dedicated to commercial construction
- In 2022, the global new floor area for commercial construction witnessed a modest growth of 0.15% from the previous year. Europe stood out with a significant surge of 12.70%, driven by a push for high-energy-efficient office buildings to align with its 2030 carbon emission targets. As employees returned to offices, European companies, resuming lease decisions, spurred the construction of 4.5 million square feet of new office space in 2022. This momentum is poised to persist in 2023, with a projected global growth rate of 4.26%.
- The COVID-19 pandemic caused labor and material shortages, leading to cancellations and delays in commercial construction projects. However, as lockdowns eased and construction activities resumed, the global new floor area for commercial construction surged by 11.11% in 2021, with Asia-Pacific taking the lead with a growth rate of 20.98%.
- Looking ahead, the global new floor area for commercial construction is set to achieve a CAGR of 4.56%. Asia-Pacific is anticipated to outpace other regions, with a projected CAGR of 5.16%. This growth is fueled by a flurry of commercial construction projects in China, India, South Korea, and Japan. Notably, major Chinese cities like Beijing, Shanghai, Hong Kong, and Taipei are gearing up for an uptick in Grade A office space construction. Additionally, India is set to witness the opening of approximately 60 shopping malls, spanning 23.25 million square feet, in its top seven cities between 2023 and 2025. Collectively, these endeavors across Asia-Pacific are expected to add a staggering 1.56 billion square feet to the new floor area for commercial construction by 2030, compared to 2022.
South America's estimated fastest growth in residential constructions due to increasing government investments in schemes for affordable housing to boost the global residential sector
- In 2022, the global new floor area for residential construction declined by around 289 million square feet compared to 2021. This can be attributed to the housing crisis generated due to the shortage of land, labor, and unsustainably high construction materials prices. This crisis severely impacted Asia-Pacific, where the new floor area declined 5.39% in 2022 compared to 2021. However, a more positive outlook is expected in 2023 as the global new floor area is predicted to grow by 3.31% compared to 2022, owing to government investments that can finance the construction of new affordable homes capable of accommodating 3 billion people by 2030.
- The COVID-19 pandemic caused an economic slowdown, due to which many residential construction projects got canceled or delayed, and the global new floor area declined by 4.79% in 2020 compared to 2019. As the restrictions were lifted in 2021 and pent-up demand for housing projects was released, new floor area grew 11.22% compared to 2020, with Europe having the highest growth of 18.28%, followed by South America, which rose 17.36% in 2021 compared to 2020.
- The global new floor area for residential construction is expected to register a CAGR of 3.81% during the forecast period, with South America predicted to develop at the fastest CAGR of 4.05%. Schemes and initiatives like the Minha Casa Minha Vida in Brazil announced in 2023 with a few regulatory changes, for which the government plans an investment of USD 1.98 billion to provide affordable housing units for low-income families, and the FOGAES in Chile also publicized in 2023, with an initial investment of USD 50 million, are aimed at providing mortgage loans to families for affordable housing and will encourage the construction of new residential units.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Surging energy investments in Asia-Pacific are set to bolster the global expansion of industrial construction
- Projections indicate that the growing number of private-public partnerships in infrastructure construction across Asia-Pacific will contribute to a notable surge in global infrastructure spending
Segment Analysis: End Use Sector
Residential Segment in Epoxy Grout Market
The residential sector maintains its dominant position in the global epoxy grout market, commanding approximately 33% of the total market share in 2024. This significant market presence is primarily driven by increasing urbanization and government initiatives promoting housing development worldwide. The sector's strength is particularly evident in emerging economies, where rapid urban development and rising disposable incomes are fueling residential construction. For instance, India's urban population is projected to require around 25 million affordable housing units by 2030, while Indonesia has set ambitious targets to construct 1 million housing units by 2025. The residential sector's dominance is further reinforced by the growing trend of home renovations and the increasing preference for high-quality, durable construction materials in residential applications, such as tile epoxy grout.
Industrial and Institutional Segment in Epoxy Grout Market
The industrial and institutional sector is emerging as the fastest-growing segment in the epoxy grout market, projected to expand at approximately 8% CAGR from 2024 to 2029. This remarkable growth is primarily attributed to the surge in manufacturing facility constructions and institutional building developments across various regions. The sector's expansion is particularly notable in Asia-Pacific, where countries like China, India, and Vietnam are witnessing substantial investments in new industrial facilities. The growth is further supported by the increasing adoption of industrial grout in critical applications such as heavy machinery installations, chemical processing facilities, and educational institutions. The sector's rapid growth is also driven by stringent safety regulations and the need for highly durable, chemical-resistant flooring solutions in industrial settings.
Remaining Segments in End Use Sector
The commercial and infrastructure segments collectively represent significant portions of the epoxy grout market, each serving distinct yet crucial applications. The commercial segment is particularly vital in urban centers, where the construction of office spaces, retail establishments, and hospitality venues drives consistent demand for commercial epoxy grout. Meanwhile, the infrastructure segment plays a crucial role in large-scale construction projects, including transportation hubs, bridges, and public facilities. Both segments benefit from the increasing focus on sustainable construction practices and the growing need for durable, long-lasting construction materials that can withstand heavy traffic and varying environmental conditions, such as epoxy flooring grout.
Epoxy Grout Market Geography Segment Analysis
Epoxy Grout Market in Asia-Pacific
The Asia-Pacific region represents a dynamic epoxy grout market, driven by extensive construction activities across residential, commercial, and infrastructure sectors. Countries like China, Japan, and India are leading the regional market with their robust construction industries and increasing focus on sustainable building practices. The region's growth is further supported by significant investments in manufacturing facilities, infrastructure development, and the rising adoption of advanced construction materials across emerging economies like Indonesia, Vietnam, and Thailand.
Epoxy Grout Market in China
China dominates the Asia-Pacific epoxy grout market, holding approximately 65% share of the regional market. The country's leadership position is reinforced by its ambitious infrastructure development plans and extensive commercial construction projects. Beijing's commitment to securing substantial government funding for infrastructure initiatives, coupled with rapid urbanization and industrial development, continues to drive market growth. The commercial sector's expansion, particularly in major cities like Beijing, Shanghai, Hong Kong, and Taipei, further strengthens China's position in the regional market.
Epoxy Grout Market in Japan
Japan emerges as the fastest-growing market in the Asia-Pacific region, with a projected growth rate of approximately 8% from 2024 to 2029. The country's market expansion is primarily driven by the relocation of manufacturing facilities back to Japan amid escalating geopolitical tensions. This strategic industrial reshoring is creating substantial demand for epoxy grout in new manufacturing facility constructions. Additionally, Japan's focus on sustainable building practices and the renovation of existing structures contributes to the market's rapid growth trajectory.
Epoxy Grout Market in Europe
Europe represents a mature epoxy grout market, characterized by stringent building regulations and a strong focus on sustainable construction practices. The region's market is primarily driven by renovation and retrofitting activities, particularly in countries like Germany, France, and the United Kingdom. The push for energy-efficient buildings and the implementation of green building standards across the European Union continues to influence market dynamics.
Epoxy Grout Market in Germany
Germany leads the European epoxy grout market, commanding approximately 40% of the regional market share. The country's dominant position is supported by its robust industrial sector and significant investments in commercial construction projects. The nation's commitment to reducing greenhouse gas emissions by implementing stricter building regulations and energy efficiency standards continues to drive the demand for high-performance construction materials, including epoxy grout.
Epoxy Grout Market in Italy
Italy demonstrates the highest growth potential in the European region, with a projected growth rate of approximately 6% from 2024 to 2029. The country's market expansion is driven by increasing renovation activities to meet new energy efficiency directives from the European Union. The growing tourism sector has also spurred construction activities in the commercial sector, particularly in hotels, restaurants, and retail spaces, further contributing to market growth.
Epoxy Grout Market in Middle East and Africa
The Middle East and Africa region showcases significant potential in the epoxy grout market, driven by extensive construction activities across commercial, residential, and infrastructure sectors. Saudi Arabia leads the regional market, benefiting from ongoing mega-projects and infrastructure developments. The United Arab Emirates demonstrates the fastest growth trajectory, supported by its ambitious construction projects and increasing foreign investments in the construction sector.
Epoxy Grout Market in North America
The North American epoxy grout market is characterized by technological advancement and increasing adoption of sustainable construction practices. The United States dominates the regional market, while Mexico shows the most promising growth potential. The region's market dynamics are influenced by significant investments in infrastructure development, commercial construction, and industrial facility expansions across these countries.
Epoxy Grout Market in South America
The South American epoxy grout market demonstrates strong growth potential, driven by increasing construction activities across various sectors. Brazil emerges as the dominant market in the region, benefiting from extensive residential and commercial construction projects. Argentina shows the highest growth potential among South American countries, supported by its focus on infrastructure development and industrial construction activities.
Epoxy Grout Industry Overview
Top Companies in Epoxy Grout Market
The global epoxy grout market is characterized by continuous product innovation, with leading companies focusing on developing sustainable and performance-oriented solutions. Epoxy grout companies are increasingly investing in research and development to create eco-friendly formulations with enhanced durability and chemical resistance properties. Operational agility has become crucial, with manufacturers establishing strategic manufacturing facilities across regions to ensure efficient supply chain management and quick response to local market demands. Strategic moves in the industry primarily revolve around acquisitions and partnerships to strengthen market presence and expand product portfolios. Companies are also focusing on geographical expansion through new manufacturing facilities, particularly in emerging economies, to capitalize on growing construction activities and infrastructure development projects. The emphasis on technical support and customer service has become a key differentiator, with companies providing hands-on assistance for project specifications and on-site technical support.
Semi-consolidated Market with Strong Regional Players
The epoxy grout market exhibits a semi-consolidated structure, with a mix of global conglomerates and specialized manufacturers. Global players like Sika AG, Saint-Gobain, and MAPEI S.p.A. dominate the market through their extensive distribution networks and comprehensive product portfolios. These companies leverage their strong research capabilities and established brand value to maintain their market positions. Regional players maintain a significant presence in their respective territories through a deep understanding of local market needs and strong customer relationships. The market has witnessed increased participation from local manufacturers, particularly in Asia-Pacific, who compete effectively by offering customized solutions and competitive pricing.
The industry has seen considerable merger and acquisition activity, primarily driven by large companies seeking to strengthen their market positions and expand their geographical footprint. These strategic moves often target companies with complementary product portfolios or a strong regional presence. Companies are increasingly focusing on vertical integration to ensure better control over raw material supply and distribution channels. The market also sees collaboration between companies for technology sharing and product development, particularly in developing innovative solutions for specific applications or regional requirements.
Innovation and Sustainability Drive Future Growth
Success in the epoxy grout market increasingly depends on companies' ability to develop innovative, sustainable products that meet evolving construction industry requirements. Market leaders are investing in developing low-VOC formulations and environmentally friendly products to align with stringent environmental regulations and growing sustainability concerns. Companies are also focusing on building strong relationships with contractors, architects, and specifiers through comprehensive technical support and training programs. The ability to provide complete solution packages, including complementary products and application expertise, has become crucial for maintaining market share. Digital transformation initiatives, including online technical support and product selection tools, are becoming increasingly important for maintaining a competitive advantage.
For contenders looking to gain market share, specialization in specific application segments or regional markets offers a viable strategy. Companies are focusing on developing products for niche applications with specific performance requirements, such as high chemical resistance or rapid curing properties. Building strong distribution networks and establishing a local manufacturing presence in high-growth markets are essential for market expansion. The industry faces moderate substitution risk from alternative grouting materials, such as polymer grout, making product differentiation and value-added services crucial for maintaining market position. Regulatory compliance, particularly regarding environmental and safety standards, continues to shape product development and market strategies. Success also depends on companies' ability to manage raw material costs and maintain pricing competitiveness while ensuring product quality and performance.
Epoxy Grout Market Leaders
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MAPEI S.p.A.
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MBCC Group
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RPM International Inc.
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Saint-Gobain
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Sika AG
- *Disclaimer: Major Players sorted in no particular order
Epoxy Grout Market News
- May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.
- February 2023: Master Builders Solutions, an MBCC Group brand, inaugurated a new offshore grout production plant in Taichung, Taiwan, in order to meet the ongoing demand of the offshore wind turbine market.
- November 2022: MAPEI invested in its German subsidiary, Sopro Bauchemie, which manufactures concrete admixtures, anchors & grouts, dry-mix mortars, and waterproofing solutions, to expand its production capacity and upgrade its research and development facilities.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.
List of Tables & Figures
- Figure 1:
- FLOOR AREA OF NEW COMMERCIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 2:
- FLOOR AREA OF NEW INDUSTRIAL AND INSTITUTIONAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 3:
- SPENDING ON INFRASTRUCTURE PROJECTS, USD, GLOBAL, 2018 - 2030
- Figure 4:
- FLOOR AREA OF NEW RESIDENTIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 5:
- VALUE OF EPOXY GROUT CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 6:
- VALUE OF EPOXY GROUT CONSUMED BY END USE SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 7:
- VALUE SHARE OF EPOXY GROUT CONSUMED BY END USE SECTOR, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 8:
- VALUE OF EPOXY GROUT CONSUMED IN COMMERCIAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 9:
- VALUE SHARE OF EPOXY GROUT CONSUMED IN COMMERCIAL SECTOR BY REGION, %, GLOBAL, 2018 - 2030
- Figure 10:
- VALUE OF EPOXY GROUT CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 11:
- VALUE SHARE OF EPOXY GROUT CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR BY REGION, %, GLOBAL, 2018 - 2030
- Figure 12:
- VALUE OF EPOXY GROUT CONSUMED IN INFRASTRUCTURE SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 13:
- VALUE SHARE OF EPOXY GROUT CONSUMED IN INFRASTRUCTURE SECTOR BY REGION, %, GLOBAL, 2018 - 2030
- Figure 14:
- VALUE OF EPOXY GROUT CONSUMED IN RESIDENTIAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 15:
- VALUE SHARE OF EPOXY GROUT CONSUMED IN RESIDENTIAL SECTOR BY REGION, %, GLOBAL, 2018 - 2030
- Figure 16:
- VALUE OF EPOXY GROUT CONSUMED BY REGION, USD, GLOBAL, 2018 - 2030
- Figure 17:
- VALUE SHARE OF EPOXY GROUT CONSUMED BY REGION, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 18:
- VALUE OF EPOXY GROUT CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 19:
- VALUE SHARE OF EPOXY GROUT CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2023 VS 2030
- Figure 20:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, AUSTRALIA, 2018 - 2030
- Figure 21:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, AUSTRALIA, 2023 VS 2030
- Figure 22:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, CHINA, 2018 - 2030
- Figure 23:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, CHINA, 2023 VS 2030
- Figure 24:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, INDIA, 2018 - 2030
- Figure 25:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, INDIA, 2023 VS 2030
- Figure 26:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, INDONESIA, 2018 - 2030
- Figure 27:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, INDONESIA, 2023 VS 2030
- Figure 28:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, JAPAN, 2018 - 2030
- Figure 29:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, JAPAN, 2023 VS 2030
- Figure 30:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, MALAYSIA, 2018 - 2030
- Figure 31:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, MALAYSIA, 2023 VS 2030
- Figure 32:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, SOUTH KOREA, 2018 - 2030
- Figure 33:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, SOUTH KOREA, 2023 VS 2030
- Figure 34:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, THAILAND, 2018 - 2030
- Figure 35:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
- Figure 36:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, VIETNAM, 2018 - 2030
- Figure 37:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
- Figure 38:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 39:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 40:
- VALUE OF EPOXY GROUT CONSUMED BY COUNTRY, USD, EUROPE, 2018 - 2030
- Figure 41:
- VALUE SHARE OF EPOXY GROUT CONSUMED BY COUNTRY, %, EUROPE, 2018 VS 2023 VS 2030
- Figure 42:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, FRANCE, 2018 - 2030
- Figure 43:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, FRANCE, 2023 VS 2030
- Figure 44:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, GERMANY, 2018 - 2030
- Figure 45:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, GERMANY, 2023 VS 2030
- Figure 46:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, ITALY, 2018 - 2030
- Figure 47:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, ITALY, 2023 VS 2030
- Figure 48:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, RUSSIA, 2018 - 2030
- Figure 49:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, RUSSIA, 2023 VS 2030
- Figure 50:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, SPAIN, 2018 - 2030
- Figure 51:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, SPAIN, 2023 VS 2030
- Figure 52:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, UNITED KINGDOM, 2018 - 2030
- Figure 53:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, UNITED KINGDOM, 2023 VS 2030
- Figure 54:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, REST OF EUROPE, 2018 - 2030
- Figure 55:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, REST OF EUROPE, 2023 VS 2030
- Figure 56:
- VALUE OF EPOXY GROUT CONSUMED BY COUNTRY, USD, MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 57:
- VALUE SHARE OF EPOXY GROUT CONSUMED BY COUNTRY, %, MIDDLE EAST AND AFRICA, 2018 VS 2023 VS 2030
- Figure 58:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, SAUDI ARABIA, 2018 - 2030
- Figure 59:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, SAUDI ARABIA, 2023 VS 2030
- Figure 60:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 61:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 62:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, REST OF MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 63:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, REST OF MIDDLE EAST AND AFRICA, 2023 VS 2030
- Figure 64:
- VALUE OF EPOXY GROUT CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2018 - 2030
- Figure 65:
- VALUE SHARE OF EPOXY GROUT CONSUMED BY COUNTRY, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 66:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, CANADA, 2018 - 2030
- Figure 67:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, CANADA, 2023 VS 2030
- Figure 68:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, MEXICO, 2018 - 2030
- Figure 69:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, MEXICO, 2023 VS 2030
- Figure 70:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, UNITED STATES, 2018 - 2030
- Figure 71:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, UNITED STATES, 2023 VS 2030
- Figure 72:
- VALUE OF EPOXY GROUT CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2018 - 2030
- Figure 73:
- VALUE SHARE OF EPOXY GROUT CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2023 VS 2030
- Figure 74:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, ARGENTINA, 2018 - 2030
- Figure 75:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, ARGENTINA, 2023 VS 2030
- Figure 76:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, BRAZIL, 2018 - 2030
- Figure 77:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, BRAZIL, 2023 VS 2030
- Figure 78:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 79:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 80:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2020 - 2023
- Figure 81:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2020 - 2023
- Figure 82:
- REVENUE SHARE OF RESIN FIXING ANCHORS AND GROUTS BY MAJOR PLAYERS, %, GLOBAL, 2022
Epoxy Grout Industry Segmentation
Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.| End Use Sector | Commercial | |||
| Industrial and Institutional | ||||
| Infrastructure | ||||
| Residential | ||||
| Region | Asia-Pacific | By Country | Australia | |
| China | ||||
| India | ||||
| Indonesia | ||||
| Japan | ||||
| Malaysia | ||||
| South Korea | ||||
| Thailand | ||||
| Vietnam | ||||
| Rest of Asia-Pacific | ||||
| Europe | By Country | France | ||
| Germany | ||||
| Italy | ||||
| Russia | ||||
| Spain | ||||
| United Kingdom | ||||
| Rest of Europe | ||||
| Middle East and Africa | By Country | Saudi Arabia | ||
| United Arab Emirates | ||||
| Rest of Middle East and Africa | ||||
| North America | By Country | Canada | ||
| Mexico | ||||
| United States | ||||
| South America | By Country | Argentina | ||
| Brazil | ||||
| Rest of South America | ||||
| Commercial |
| Industrial and Institutional |
| Infrastructure |
| Residential |
| Asia-Pacific | By Country | Australia |
| China | ||
| India | ||
| Indonesia | ||
| Japan | ||
| Malaysia | ||
| South Korea | ||
| Thailand | ||
| Vietnam | ||
| Rest of Asia-Pacific | ||
| Europe | By Country | France |
| Germany | ||
| Italy | ||
| Russia | ||
| Spain | ||
| United Kingdom | ||
| Rest of Europe | ||
| Middle East and Africa | By Country | Saudi Arabia |
| United Arab Emirates | ||
| Rest of Middle East and Africa | ||
| North America | By Country | Canada |
| Mexico | ||
| United States | ||
| South America | By Country | Argentina |
| Brazil | ||
| Rest of South America |
Market Definition
- END-USE SECTOR - Epoxy grouts consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
- PRODUCT/APPLICATION - Under the scope of the study, the consumption of epoxy grouts for various applications like tile installation and wall joints are considered.
| Keyword | Definition |
|---|---|
| Accelerator | Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Adhesives | Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc. |
| Air Entraining Admixture | Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete. |
| Alkyd | Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride. |
| Anchors and Grouts | Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc. |
| Cementitious Fixing | Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors. |
| Commercial Construction | Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc. |
| Concrete Admixtures | Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties. |
| Concrete Protective Coatings | To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings. |
| Curing Compounds | Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability. |
| Epoxy | Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc. |
| Fiber Wrapping Systems | Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets. |
| Flooring Resins | Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic. |
| High-Range Water Reducer (Super Plasticizer) | High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete. |
| Hot Melt Adhesives | Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes. |
| Industrial and Institutional Construction | Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc. |
| Infrastructure Construction | Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc. |
| Injection Grouting | The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration. |
| Liquid-Applied Waterproofing Membranes | Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete. |
| Micro-concrete Mortars | Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc. |
| Modified Mortars | Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption. |
| Mold Release Agents | Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others. |
| Polyaspartic | Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments. |
| Polyurethane | Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc. |
| Reactive Adhesives | A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Rebar Protectors | In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction. |
| Repair and Rehabilitation Chemicals | Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures. |
| Residential Construction | Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes. |
| Resin Fixing | The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing. |
| Retarder | Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time. |
| Sealants | A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action. |
| Sheet Waterproofing Membranes | Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress. |
| Shrinkage Reducing Admixture | Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation. |
| Silicone | Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc. |
| Solvent-borne Adhesives | Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers. |
| Surface Treatment Chemicals | Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others. |
| Viscosity Modifier | Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement. |
| Water Reducer | Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others. |
| Water-borne Adhesives | Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent. |
| Waterproofing Chemicals | Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement. |
| Waterproofing Membranes | Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
