Tile Grout Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to tile grout market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Tile Grout Market News

  • In November 2021, Nuvoco Vistas Corp. Ltd., a renowned cement supplier based in India, announced the launch of its new tile grout at a virtual event. Zero M Water Shield 2K and Zero M Speedex Tile Grout were launched.
  • In June 2022, a leading provider of construction materials, announced the launch of its new epoxy grout with different colors. The company also launched a new application for users to accurately match the grout color.
  • In September 2022, India-based supplier of building products called Trimurti announced the launch of multiple new products including tile grout and tile cleaner.

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Global Tile Grout Market size was valued at USD 2.8 billion in 2023 and is poised to grow from USD 2.99 billion in 2024 to USD 5.1 billion by 2032, growing at a CAGR of 6.9% during the forecast period (2025-2032). 

Tile grout suppliers should invest in the research and development of novel products to expand their product portfolio and maximize their sales potential in the future. Companies can also collaborate and partner with tile manufacturers to improve their business reach on a global level by leveraging their distribution networks. Market players can also focus on incorporating sustainable and eco-friendly raw materials in their manufacturing process to comply with changing sustainability mandates and consumer preferences. The global tile grout market is highly competitive with a few established companies accounting for a good chunk of the market share. 'MAPEI S.p.A. (Italy) ', 'Saint-Gobain Weber (France) ', 'Sika AG (Switzerland) ', 'Henkel AG & Co. KGaA (Germany) ', 'LATICRETE International, Inc. (USA) ', 'ARDEX GmbH (Germany) ', 'Bostik (France) ', 'Custom Building Products (USA) ', 'TEC® (USA) (part of H.B. Fuller) ', 'Dal-Tile Corporation (USA) ', 'Florim USA (USA) ', 'C-Cure (USA) ', 'Fosroc International Limited (UK) ', 'Pidilite Industries Limited (India) ', 'Myk Laticrete India Pvt. Ltd. (India) ', 'Roff (India) ', 'Kerakoll S.p.A. (Italy) ', 'Schlüter-Systems KG (Germany) ', 'PCI Augsburg GmbH (Germany) ', 'Sopro Bauchemie GmbH (Germany) '

An increase in global population has led to high demand for infrastructure development, resulting in increased construction activity too. Tile grout is becoming essential in flooring and wall tiling applications and driving market growth as well.

Creation of Decorative Grout: Tile grout has come a long way from being available in just one shade and is now available in different colors to suit the aesthetic of the area of application. Companies can come up with innovative and creative styles and designs for tile grout to meet the evolving consumer preferences and boost revenue generation in the future.

Rapid urbanization and industrialization allow the Asia Pacific regional market to account for a sizeable share of the global tile grout marketplace. High investments in infrastructure development coupled with increasing disposable income create highly rewarding opportunities for tile grout companies in the future. Changing consumer preferences and rising availability of modern tiles are also slated to bolster sales of tile grout products in this region with China and India spearheading regional market growth. Cheap labor and low raw material costs make this region a highly remunerative space for tile grout manufacturers from around the world.

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Global Tile Grout Market
Tile Grout Market

Report ID: SQMIG20G2051

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