According to a research report published by Spherical Insights & Consulting, the Global Grouting Material Market Size is Expected to Grow from USD 7565.7 Million in 2023 to USD 10565.7 Million by 2033, at a CAGR of 3.40% during the forecast period 2023-2033.

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Grouting material is crucial for filling gaps, voids, and spaces in construction, providing structural support and stability. Common types include cementitious, epoxy, and polyurethane grouts, with the choice based on application, desired properties, and environmental conditions. Grouting materials are used to inject fluid material into joints, fissures, and spaces to stabilize and reinforce structures in mining, building, and industrial settings. They are divided into cementitious and non-cementitious grouts, which improve a structure’s strength, stability, and longevity. Grouting materials are utilized in construction, mining, traffic infrastructure, water conservancy, industrial settings, residential and commercial installations, and geotechnical applications. The market is driven by infrastructure development, urbanization, repair and renovation needs, technological advancements, regulatory standards, and growth in industrial and commercial sectors, enhancing demand worldwide. Infrastructure growth, urbanization, building, technical improvements, regulatory standards, and environmental concerns are all pushing innovation and sustainability in the grouting material market. For instance, Pradhan Mantri Gram Sadak Yojana (PMGSY), aims to improve rural connectivity in India by constructing all-weather roads using locally available materials, including grouted concrete pavement. However, high raw material costs, volatile pricing, specialized applications, strict safety and environmental regulations, and low stakeholder knowledge are some of the issues facing the grouting material industry.

Browse key industry insights spread across 230 pages with 90 Market data tables and figures & charts from the report on the Global Grouting Material Market Size, Share, and COVID-19 Impact Analysis, By Type (Urethane-Based Grout, Epoxy-Based Grout, Others), By Application (Mining Industry, Traffic Industry, Water Conservancy Industry, Construction Industry, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

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The epoxy-based grout segment is predicted to hold the greatest market share through the forecast period.

Based on the type, the grouting material market is classified into urethane-based grout, epoxy-based grout, and others. Among these, the epoxy-based grout segment is predicted to hold the highest market share through the forecast period. Grouts made of epoxy are well known for their strength, resilience to chemicals, and longevity, which makes them perfect for demanding commercial and industrial applications. The market share is driven by their ability to withstand difficult circumstances and high levels of stress.

The mining industry segment is anticipated to hold the greatest market share during the projected timeframe. 

Based on the application, the grouting material market is divided into the mining industry, traffic industry, water conservancy industry, construction industry, and others. Among these, the mining industry segment is anticipated to hold the largest market share during the projected timeframe. Epoxy-based grits are well known for their durability, strength, and resistance to chemicals. Their ability to withstand high levels of stress makes them ideal for demanding commercial and industrial applications.

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Asia Pacific is estimated to hold the largest share of the grouting material market over the forecast period.

Asia Pacific is estimated to hold the largest share of the grouting material market over the forecast period. Grouting solutions and other building materials are in high demand due to the Asia Pacific region’s fast urbanization and infrastructure development initiatives, especially in China and India. For large-scale construction projects to be stable and structurally sound, certain materials are essential. Modern construction methods, more infrastructural investments, and advantageous government policies are all responsible for the region’s dominant market position.

North America is predicted to have the fastest CAGR growth in the grouting material market over the forecast period. The region’s construction sector is increasing demand for sophisticated grouting materials as a result of road development, infrastructural improvements, and technological advancements. Additionally in high demand are high-performance grouts like polyurethane and epoxy. The growth of the market is also fueled by building codes and standards for durability and structural safety.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the grouting material market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major key players in the grouting material market include Sika, LATICRETE, Custom Building Products, A.W. Cook Cement Products, GCP Applied Technologies, Five Star Products, Sobute New Materials, Mapei, Ambex Concrete Technologies, Jinqi Chemical Group, Nanjiang, TCC Materials, Fischer Spezialbaustoffe, CETCO, and Others.

Recent Development

• In May 2024, Unigrout Slim, a grout imitation bevel that gives vinyl flooring the appearance of ceramic tiles without the need for real grout, was introduced by Unilin Technologies.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the grouting material market based on the below-mentioned segments:

Global Grouting Material Market, By Type

• Urethane-Based Grout
• Epoxy-Based Grout
• Others

Global Grouting Material Market, By Application

• Mining Industry
• Traffic Industry
• Water Conservancy Industry
• Construction Industry
• Others

Global Grouting Material Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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