“Grouting Materials Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025 ” is the latest addition to MarketResearchReports.Biz industry research reports collection.
The main objective of this report is to define, describe, and forecast the global “Grouting Materials” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Flowable plastic material that exhibits negligible shrinkage to fill the voids or gaps completely, and remains stable without delamination, cracking, or crumbling is termed as grouting material. Grout is utilized to fill the space or gap between the adjacent tiles and to support joints. It could be water resistant and visible. Grout is a mixture of sand, cement, and water. Manufacturers of grouting materials are striving to produce affordable grouting materials through emerging technologies.
Grouting materials can be segmented based on type, end-user, and region. In terms of type, the grouting materials market can be divided into cement grout, clay grout, chemical grout, and jet injection grout. Cement grout is a type of grouting material that consists of hydraulic cement that readily reacts with water to form a compact product. Clay grout is a type of grouting material that uses bentonite clay for suspension of finely ground clay in water. Chemical grout uses formulations to react with water to form a gel.. Jet injection grout uses high pressure jets that radiate in voids for repairing of cracks, strengthening of damaged concrete, and filling gaps. End-users of grouting materials are used in concreting and strengthening of dams. Grouting materials are used in sealing floor tiles used in residential, commercial, and industrial sectors. These materials are also employed in water conservation to restrict the spillage of water. Grouting materials are also used in the mining industry. Grouting could also be done for the purpose of hydraulic fracturing in upstream activities of exploration and production in the oil & gas industry.
Grouting materials are water resistant and effective against molding on damp surfaces. They are also cost effective and readily available. Grouting materials possess consistent color without shading or efflorescence. Grouting materials cure quickly, thereby developing high strength in less time. These materials can resist shrinking, cracking, powdering, and wear & tear. Drilling beneath the earth’s surface and filling the void or gaps is carried out effectively with the help of jet grouting. These are some of the drivers of the grouting materials market.
Grouting materials are not ideal for installation when the surface temperature is lower than 50°F (10°C) or higher than 100°F (38°C). Grouting materials could succumb to reaction when it reacts with chemicals in salt-based pool filtration system. Grouting materials are ineffective in unsupported slopes. Thus, new innovations and advancement in technologies are emerging in order to reduce production cost of grouting materials and improve its efficiency.
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In terms of geography, the grouting materials market in North America has been expanding due to rapid industrialization. Usage of grouting materials has increased rapidly in countries such as the U.K., Germany, and France due to the rise in smart city projects with strong infrastructure. Saudi Arabia and Qatar in the Middle East offer strong potential for the grouting materials market due to urbanization. Countries such as China, India, and Japan in Asia Pacific account for major share of the market for grouting materials due to the rapid industrialization. Countries in Africa and Latin America are likely to offer lucrative opportunities to the grouting materials market in the next few years.
Key players operating in the grouting materials market include Sika, Fosroc, Laticrete, Mapei, CICO Technologies (CTL), Five Star Products, CETCO (Minerals Technologies), and Custom Building Products.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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