Grouting Materials Market Share

North America industry is estimated to hold largest revenue share by 2037. The increase in the number of businesses in the construction industry in the United States is the primary reason for the growth of the market. For instance, according to the most recent data, the emerging count of construction businesses is estimated to be approximately 3,790,000 in the United States in 2022. The high consumption of chemicals in the region is another factor driving the market growth. In terms of consumption, in 2020, the total consumption in the United States region amounted to 230 million tons, a 4% increase from 2019. Further, the rapid surge in urbanization, and escalating industrialization are further factors that are estimated to proliferate the growth of the grouting materials market in the region.