Grouting Material Market Size to Hit 7490 Million US$ by 2025 Growing at a CAGR of 3.6%
Los Angeles, CA -- (SBWire) -- 04/17/2019 --Grouting material is a flowable plastic material and should have negligible shrinkage to fill the gap or voids completely and should remain stable without cracking, de-lamination or crumbling. Injection grouting is a process of filling the cracks, voids or honeycombs under pressure in concrete or masonry structural members for repairing of cracks, strengthening of damaged concrete or masonry structural members.
There are many kinds of grouting material, such as polymer injection grouts, fiber-reinforced injection grouts, gas-forming grouts, sulfo-aluminate gouts product type. Most used two types are urethane based grout and epoxy based grouts. In 2015, production of urethane based grout took about 38.13% and epoxy based grouts took 12.80%.
The global Grouting Material market was 5660 million US$ in 2018 and is expected to 7490 million US$ by the end of 2025, growing at a CAGR of 3.6% between 2019 and 2025.
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This report studies the Grouting Material market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Grouting Material in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Sika
Fosroc
LATICRETE
Custom Building Products
ITW Wind Group
GCP Applied Technologies
Mapei
CICO Technologies (CTL)
Ambex Concrete Technologies
Five Star Products
Jinqi Chemical Group
Fischer Spezialbaustoffe
Nanjiang
A.W. Cook Cement Products
Psiquartz
TCC Materials
DMAR
Roundjoy
CETCO (Minerals Technologies)
Sobute New Materials
By the product type, the market is primarily split into
Urethane based grout
Epoxy based grouts
Others
By the end users/application, this report covers the following segments
Mining industry
Traffic industry
Water conservancy industry
Construction industry
Others
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