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Epoxy grout is made of two components, i.e., epoxy resin and a filler powder. It is most commonly used to fill cracks on any surface or joints such as ceramic tiles, vitrified tiles and stone joints.
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Epoxy Grout Market Research Report - Global Forecast till 2025 Epoxy Grout Market Research Report - Global Forecast till 2025 P a g e | 1 Copyright © 2017 Market Research Future.
Epoxy Grout Market Research Report - Global Forecast till 2025 1Summary Epoxy grout is made of two components, i.e., epoxy resin and a filler powder. It is most commonly used to fill cracks on any surface or joints such as ceramic tiles, vitrified tiles and stone joints. Epoxy grout is extremely durable, stain proof, waterproof, and chemical resistant. Key Players: Arkema (France) BASF SE (Gemany)–MasterFlow Custom Building Products (US)–CEG-Lite, CEG-IG Sika Group (Switzerland)–Sikadur Five Star Products, Inc (US) Building Adhesives Limited (UK)–EASYPOXY AG, Floor Epoxy ITW Engineered Polymers (US) Asian Paints Limited (India) Fabro India Industries (India) LATICRETE International, Inc (US)–SPECTRALOCK PRO Grout Flextile Ltd (Canada) Rust-Oleum (US) MAPEI S.p.A (Italy)–KERAPOXY P a g e | 2 Copyright © 2017 Market Research Future.
Epoxy Grout Market Research Report - Global Forecast till 2025 2Market Overview According to the MRFR analysis, the Global Epoxy Grout Market was valued at USD 600 million in 2018 and is expected to reach over USD 930 Million by the end of 2025 at a CAGR of 7%. Global Epoxy Grout Market is produced through two components—epoxy resins and a hardener. It is most commonly used for filling cracks on any surface or joints such as ceramic tiles, vitrified tiles, and stone joints to protect them against water and other chemical damage. Epoxy grout is extremely durable, stain proof, waterproof, and chemical resistant. Regional Analysis: North America: The growth of the regional market is driven by recovering growth of the residential construction sector. Europe: Increasing investment in refurbishment activities and new construction is expected to fuel the regional market growth. Asia-Pacific: The largest and fastest-growing regional market, led by China and India. Latin America: Albeit having a lower share in the global market, it is expected to witness significant growth owing to the growing economy. Middle East & Africa: Increasing commercial construction activities and infrastructure development to boost market growth. P a g e | 3 Copyright © 2017 Market Research Future.
Epoxy Grout Market Research Report - Global Forecast till 2025 3Pages Segmentation Residential: The segment is expected to be the largest and fastest-growing during the review period. The high growth of the segment is attributed to the increasing residential construction activities across the US, China, India, Indonesia, and South Africa driven by rapid urbanization and growing population. The residential construction spending in the US was USD 6.5 trillion in 2018, an increase of USD 422 billion as compared with 2017. Furthermore, the increasing investments in the repair & refurbishment activities across Europe and the US is expected to propel the growth of the global market during the forecast period. Commercial: The rapid economic growth and increasing investments in the development of restaurants, healthcare facilities, and other commercial complexes are fueling the demand for epoxy grout. Intended Audience Increasing residential construction activities, particularly in the US, China, and India Socio-economic trends such as economic growth, increasing disposable income, changing lifestyle, urbanization, and population growth Increasing investments in the healthcare industry with growing awareness P a g e | 4 Copyright © 2017 Market Research Future.
Epoxy Grout Market Research Report - Global Forecast till 2025 P a g e | 5 Copyright © 2017 Market Research Future.