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Impact Of Ready-To-Use Grout And Adhesive On The Expanding Construction Sector Driver: Leading Transformation in the Ready-To-Use Grout And Adhesive Market in 2025
Get 20% OFF on all 2025 Global Market Reports until March 31st! Apply code FY25SAVE and grab your savings today!What market dynamics are playing a key role in accelerating the growth of the ready-to-use grout and adhesive market?
The expansion of the construction industry is anticipated to spur the growth of the ready-to-use grout and adhesive market. The construction industry, tasked with constructing, refurbishing, and maintaining projects like residences, commercial spaces, infrastructure such as roads and bridges, is growing due to swift urbanization. This phenomenon, coupled with government investment in large-scale projects, intensifies the need for new infrastructure, thereby propelling growth. Ready-to-use grout and adhesive solutions, which are pre-mixed, significantly contribute to the efficiency and convenience of construction activities, especially for flooring and tiling projects. These products eliminate the need for on-site mixing, thus saving time and reducing mistakes. For example, based on a report released by The Office for National Statistics, a government department based in the UK, in the first quarter of 2024, the orders for new construction surged by 15.9%, equating to $1,913 million (£1,436 million), when compared with the fourth quarter of 2023. Consequently, the expansion of the construction industry spearheads the growth of the ready-to-use grout and adhesive market.
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How will the growth rate of the ready-to-use grout and adhesive market shape industry trends by 2034?
In recent times, the market size of ready-to-use grout and adhesive has experienced substantial growth. A projected increase from $1.66 billion in 2024 to $1.82 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 9.5%, is expected. Factors influencing the growth during the historic period include a surge in urbanization and population, increased consumer appeal towards eco-friendly construction materials, heightened demand for tiles and natural stones, and expansion in the construction industry.
Expectations are high for the ready-to-use grout and adhesive market, with strong growth predicted over the next several years. A significant increase to $2.58 billion by 2029, at a compound annual growth rate (CAGR) of 9.2%, is anticipated. This growth during the forecast period can be traced back to a heightened consumer preference for eco-friendly building materials, accelerated urban growth, more brand promotion spending aimed at product differentiation, a rise in the use of epoxy products, and burgeoning construction and infrastructure development. Key trends projected during this period include technological advances, product development innovations, specialization of adhesives for sizable tiles, the advent of digitalization and smart manufacturing, as well as collaborations and partnerships.
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What trends are poised to drive the future success of the ready-to-use grout and adhesive market?
Leading firms in the ready-to-use grout and adhesive sector are zeroing in on the creation of innovative ready-to-use grout products to boost performance and fulfill the escalating demand for sustainable and superior quality construction materials. Ready-to-use grout is essentially a pre-mixed grout concoction that comes packaged and primed for direct application, obviating the requirement for mixing at the job site. For example, chemical firm Sika AG, hailing from Switzerland, introduced its cutting-edge ready-to-use grout, SikaTile-Ultima Grout, in April 2022. It's custom-made for both indoor and outdoor uses and particularly areas subjected to irregular wet conditions. Its ready-to-use composition eases the process of grouting and lowers the chances of mistakes that may arise from mixing materials on-site. Additionally, it delivers a multifaceted, sturdy, and comprehensive grout joint for professional standard results. This grout significantly trims down the time and workforce for contractors, enables swifter project executions whilst reducing maintenance needs, and adds to long-term cost-effectiveness.
Which primary segments of the ready-to-use grout and adhesive market are driving growth and industry transformations?
The ready-to-use grout and adhesivemarket covered in this report is segmented -
1) By Product Type: Grout, Adhesives
2) By Application: Walls, Floors, Countertops, Other Applications
3) By End Use: Residential, Commercial, Industrial
Subsegments:
1) By Grout: Cement-Based Grout, Epoxy Grout, Furan Grout, Polymer-Modified Grout, Colored Grout, Self-Leveling Grout, Other Types of Grout
2) By Adhesives: Thin-Set Adhesives, Thick-Set Adhesives, Mastic Adhesives, Epoxy Adhesives, Polyurethane Adhesives, Silicone Adhesives, Other Types Of Adhesives
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What regions are leading the charge in the ready-to-use grout and adhesive market?
Asia-Pacific was the largest region in the ready-to-use grout and adhesive market in 2024. The regions covered in the ready-to-use grout and adhesive market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the ready-to-use grout and adhesive market landscape?
Major companies operating in the ready-to-use grout and adhesive market are BASF SE, Henkel AG & Co. KGaA, Henry Company, Sika AG, Wacker Chemie AG, Mapei S.p.A., H.B. Fuller Company, Bostik Ltd., Soudal Group, Dunlop Adhesives, Mapei S.p.A., Fosroc Holdings U.K, Tremco Incorporated, LATICRETE International Inc., TEC Specialty Products, Ardex GmbH, W.R. Meadows Inc., Saint-Gobain Weber, RLA Polymers Pty Ltd., Soudal N.V., Sopro Bauchemie GmbH, Kerakoll S.p.A., Raimondi S.p.A., Roberts Consolidated Industries Inc
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What Is Covered In The Ready-To-Use Grout And Adhesive Global Market Report?
•Market Size Forecast: Examine the ready-to-use grout and adhesive market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the ready-to-use grout and adhesive market for a structured understanding.
•Key Players Overview: Analyze major players in the ready-to-use grout and adhesive market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ready-to-use grout and adhesive market.
•Segment Contributions: Evaluate how different segments drive overall growth in the ready-to-use grout and adhesive market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ready-to-use grout and adhesive market.
•Industry Challenges: Identify potential risks and obstacles affecting the ready-to-use grout and adhesive market.
•Competitive Landscape: Review strategic developments in the ready-to-use grout and adhesive market, including expansions, agreements, and new product launches.
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