Press release
Sanded Grout Market Segments, Opportunity, Growth and Forecast By End-use Industry 2018-2028
Sanded grout is generally a fluid with high density, which is generally used in the reinforcement of structures. Sanded grout contains silica sand, chemicals and inorganic aggregates. It is basically a cement-based polymer that resists cracking, shrinking and wear and tear. Sanded grout can be used in the joints of exterior and interior installations, such as walls, floors, ceilings, countertop, showers, pools and fountains. Based on the size of the sand used, Sanded grout is generally of two types. Sanded grout using fine sand is called finely sanded grout. Finely sanded grout is used in gaps ranging from 3 mm to 9 mm approximately. The quarry type sanded grout is another type that consists of coarser particles of sand and is used in gaps ranging from 9 mm to 13 mm approximately. Sanded grouts are used in a variety of applications, such as ceramic tiles, cement tiles, porcelain tiles, slates, pavers, quarry tiles, natural stones and glass tiles. Sanded grout is available in various colors in the market, which enables the use of sanded grout in a wide range of tiles.
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Market Dynamic
Sanded grout is used in both residential as well as commercial constructions. The growth of the construction sector will help in the growth of sanded grout market. Sanded grout is available in a number of colors, which has enabled the use of sanded grout for different color tiles. This factor will help in the sales growth of the sanded grout market over the forecast period. Sanded grout can be used in both internal and external applications which makes it a versatile product. Various functions of sanded grouts, such as resistance to wear, shrinkage and cracking, will further help in boosting the sales of sanded grout. Colored grouts may impart stains on some surfaces, such as marble or granite, and due to this, the use of colored sanded grouts is avoided. This factor will limit the sales of sanded grout in substrates like marble or granite. Sanded grout cannot also be used over certain substrates, such as asbestos. This may further retard market growth of sanded grout over the forecast period.
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Market Segmentation
The sanded grout market can be segmented on the basis of application and type.
Segmentation of Sanded Grout by application:
Ceramic Tile
Cement Tile
Porcelain Tile
Slate
Pavers
Glass Tile
Quarry Tile
Other Natural Stone
Segmentation of Sanded Grout by type:
Finely Sanded Grout
Quarry Type Grout.
Regional Outlook
The growth in population in developing countries, such as China and India, is driving the construction industry. The growth of the construction industry in these countries is expected to help in the sales of sanded grout in near future. North America region has witnessed the crash of the housing market in the recent past. The housing market has recovered due to the various government incentives and special loans. The growth of the housing market in the North America region is expected to help in the growth of sanded grout market. The construction industry in Middle East and Africa region is growing at a fast rate due to the upcoming sport events. This factor is expected to boost the sales of sanded grout in the region.
Japan, being a disaster prone country, has made some new advancements in construction methods and construction industry. The moderately growing construction industry in Japan is expected to help in the market growth of sanded grout. The construction industry in Europe plays a key role in the growth of the economy of the region. The growth of the construction industry in Europe has been appreciable in recent years. The growth of the construction industry is expected to help in the sales growth of sanded grout over the forecast period.
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List of Market Participants
Some of the market participants involved in the sanded grout market are listed below:
Parex USA, Inc
Lacticrite International, Inc
Mapei Corporation
Proflex Products, Inc
Ardex Group
Flextile Ltd
Bostik USA
Construction Chemicals Pty Ltd
ProSpec
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
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The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
CIS and Russia
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
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