Grouting Materials Market Analysis

Application (Mining, Traffic, Water Conservancy, Construction)

The grouting materials market is segmented and analyzed for demand and supply by application into mining industry, traffic industry, water conservancy industry, construction industry, and others. Out of these, the construction industry segment is anticipated to garner the highest revenue by 2031, on the back of high growth rate of the industry. For instance, Statistics from a recent data revealed that the global construction industry is anticipated to grow to USD 8 trillion by 2030, with an average growth rate of 5%. Also, the high employment rate in the industry is an another growth factor for the expansion of market. As per latest calculations, the number of people that were hired in the construction industry of the United States was 10,350,000 in total in 2022.

Our in-depth analysis of the global market includes the following segments:

By Type	Urethane Based Epoxy Based Others
By Application	Mining Industry Traffic Industry Water Conservancy Industry Construction Industry Others

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of grouting materials is assessed at USD 8.86 Billion.

The grouting materials market size was over USD 8.44 Billion in 2023 and is set to reach USD 16.93 Billion by the end of 2036, growing at around 5.5% CAGR during the forecast period i.e., between 2024-2036. The expansion of construction industry along with other end-use industry are expected to propel the market growth in the assessment period.

North America industry is projected to account for majority revenue share by 2036, driven by increase in the number of businesses in the construction industry in the United States.

A.W. Cook Cement Products Inc., CICO Technologies Limited (CTL), Sika AG, Fosroc Inc., LATICRETE International Inc., Custom Building Products, ITW Wind Group (State of Green), GCP Applied Technologies Inc., Mapei Corporation, Fischer Spezialbaustoffe GmbH, Ambex Concrete Technologies Inc.

Grouting Materials Market Analysis