Global Epoxy Grout Market Size, Share & Trends

Global Epoxy Grout Market Competitive Landscape

Top Player’s Company Profiles

Sika AG (Switzerland)

LATICRETE International, Inc. (U.S.)

Five Star Products, Inc. (U.S.)

Hexion (U.S.)

Atul Ltd (India)

New Japan Chemical Co. Ltd. (Japan)

Aditya Birla Chemicals (India)

Kukdo Chemicals Co. Ltd. (South Korea)

Anhui Xinyuan Chemical Co. Ltd.(China)

SIR Industriale (Italy)

The Euclid Chemical Company (U.S.)

Bostik (U.S.),

Saint-Gobain (France)

Henkel AG (Germany)

FAQs

Global Epoxy Grout Market size was valued at USD 613.34 million in 2022 and is poised to grow from USD 632.87 million in 2023 to USD 872.97 million by 2031, growing at a CAGR of 4.00% in the forecast period (2024-2031).

The competitive environment of the global Epoxy Grout market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. 'Sika AG (Switzerland)', 'LATICRETE International, Inc. (U.S.)', 'Five Star Products, Inc. (U.S.)', 'Hexion (U.S.)', 'Atul Ltd (India)', 'New Japan Chemical Co. Ltd. (Japan)', 'Aditya Birla Chemicals (India)', 'Kukdo Chemicals Co. Ltd. (South Korea)', 'Anhui Xinyuan Chemical Co. Ltd.(China)', 'SIR Industriale (Italy)', 'The Euclid Chemical Company (U.S.)', 'Bostik (U.S.),', 'Saint-Gobain (France)', 'Henkel AG (Germany)'

The market CAGR of epoxy grout is driven by its widespread use in various industries. Epoxy grout is used in a variety of industries including pharmaceutical, food processing, construction and mining industries. Epoxy grout is always in demand because of its durability, cleanliness and resistance to chemicals and bacteria while providing a good seal. The market for epoxy grout is growing mainly because of this product. Epoxy grout is highly chemical, abrasion and shock resistant. This makes it perfect for use in high-traffic or harsh chemical environments such as factories, food processing plants and swimming pools.

The global epoxy grout market is primarily influenced by increasing environmental and safety regulations. Major epoxy grout manufacturers focus on custom engineering solutions based entirely on industrial requirements. Increasing trend of high quality and environmentally friendly products, innovation and technological advancements are driving the growth of the global epoxy grout market.

With increasing technological advancements, Asia-Pacific dominates the global epoxy grout market in terms of market share and revenue. Furthermore, the entry of key market players is expected to boost the growth of the global epoxy grout market in this region. The Asia-Pacific is expected to grow at the fastest CAGR from 2024 to 2031. The Asia-Pacific region, the largest construction market in the world, is witnessing high urbanization, rising middle class income , and grows because of the population. Emerging Asia-Pacific economies such as China, India, Indonesia, Vietnam and the Philippines have witnessed significant growth in construction activity and strong economic growth is expected to accelerate the growth of the region’s home construction sector. Furthermore, while the market held the largest market share, the market in the Asia-Pacific region has the fastest growth rate.

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Global Epoxy Grout Market Size, Share, Growth Analysis, By Type(Resin, and Hardener), By Application(Residential, Commercial) - Industry Forecast 2024-2031

Global Epoxy Grout Market Competitive Landscape

Global Epoxy Grout Market Report Snapshots

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Global Epoxy Grout Market Size, Share, Growth Analysis, By Type(Resin, and Hardener), By Application(Residential, Commercial) - Industry Forecast 2024-2031

Global Epoxy Grout Market Competitive Landscape

Global Epoxy Grout Market Report Snapshots

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