Epoxy Grout Trends and Forecast
The future of the global epoxy grout market looks promising with opportunities in the residential, commercial, and industrial markets. The global epoxy grout market is expected to reach an estimated $754.6 million by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increase in construction and building industry and rising demand for effective refurbishment solutions for existing flooring systems.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Epoxy Grout by Segment
The study includes a forecast for the global epoxy grout by type, application, and region.
Epoxy Grout Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Resin
• Hardener
Epoxy Grout Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
• Others
Epoxy Grout Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Epoxy Grout Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies epoxy grout companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the epoxy grout companies profiled in this report include-
• Arkema
• BASF
• Masterflow
• Custom Building Products
• Asian Paints
• Sika
• Sikadur
• Five Star Products
• Building Adhesives
• Floor Epoxy
Epoxy Grout Market Insights
Lucintel forecasts that resin will remain the larger segment over the forecast period.
Within this market, residential will remain the largest segment over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Epoxy Grout Market
Market Size Estimates: Epoxy grout market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Epoxy grout market size by type, application, and region in terms of value ($M).
Regional Analysis: Epoxy grout market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the epoxy grout market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the epoxy grout market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the epoxy grout market size?
Answer: The global epoxy grout market is expected to reach an estimated $754.6 million by 2030.
Q2. What is the growth forecast for epoxy grout market?
Answer: The global epoxy grout market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the epoxy grout market?
Answer: The major drivers for this market are increase in construction and building industry and rising demand for effective refurbishment solutions for existing flooring systems.
Q4. What are the major segments for epoxy grout market?
Answer: The future of the epoxy grout market looks promising with opportunities in the residential, commercial, and industrial markets.
Q5. Who are the key epoxy grout market companies?
Answer: Some of the key epoxy grout companies are as follows:
• Arkema
• BASF
• Masterflow
• Custom Building Products
• Asian Paints
• Sika
• Sikadur
• Five Star Products
• Building Adhesives
• Floor Epoxy
Q6. Which epoxy grout market segment will be the largest in future?
Answer: Lucintel forecasts that resin will remain the larger segment over the forecast period.
Q7. In epoxy grout market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the epoxy grout market by type (resin and hardener), application (residential, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Epoxy Grout Market, Epoxy Grout Market Size, Epoxy Grout Market Growth, Epoxy Grout Market Analysis, Epoxy Grout Market Report, Epoxy Grout Market Share, Epoxy Grout Market Trends, Epoxy Grout Market Forecast, Epoxy Grout Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.