openPR Logo
Press release

Epoxy Grout Market : Global Snapshot by 2025

12-13-2017 11:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research

Epoxy grout is a type of grout (particular fluid) consisting of two components, i.e. epoxy resin and epoxy hardener, which are exclusively formulated in order to achieve a grout with qualities such as waterproof, stain-proof and chemical resistance. Due to these properties, epoxy grout is generally used to fill cracks on any surface or joints between tile units. Epoxy resin and epoxy hardener are used in epoxy grout in order to provide more bond strength to the tile, which is different from other grout such as cement grout or emulsion grout. The combination of both the elements make epoxy grout harder, stronger, durable and stain-proof.

Epoxy grout are mainly used, where colour uniformity is required, as they are available in different colours. They are also used to protect different equipment (generators, turbines, engines, motors, blowers, etc.), in some industrial processes (stamping, grinding, drawing, crushing, rolling, etc.), and in construction and buildings (decks, roofs, flooring, repairs, roads, bridges, etc.).

Request Sample Copy of the Report @ https://www.persistencemarketresearch.com/samples/15274

Epoxy grout is highly durable, easy to clean, ideal for warehouses, stain resistant, offer glossy appearance, possess long lasting quality and require less maintenance. All these factors make epoxy grout a highly preferred product over others.

The constantly increasing demand from several industries for hygienic, durable and chemicals & bacteria resisting products that offer proper sealing act as the main driver for the growth of epoxy grout market. On the other hand, unfavourable tax law changes, increase in raw material prices, shortage for storage space, higher labour cost and material costs, etc. act as the main restraints for the market. Also, the long application process and the allergic reactions while application, hampers the growth to an extent. The epoxy grout exhibit colour changing properties when it get exposed to UV rays, and hence it cannot be used on external vertical surfaces such as outside walls and vertical sides of swimming pool.

The growing building and construction industry is expected to augment the global epoxy grout, over the forecast period. Moreover, the governments of various countries are focussing on product innovation and product development including more production of safe products. Major trends identified across the industry are, strong commitment to sustainability and environment safety management, maintaining the high-quality management, production of more eco-friendly products, review on new upcoming technologies, reformulation and review of existing products. Trends in the epoxy grout market are, being dictated by the growing significance of safety and environmental regulations, as well as customized technical requirements. The high volume of building alteration and conversion projects nowadays has boosted the importance of efficient solutions for the refurbishment of existing flooring systems, which in turn drives the epoxy grout market growth.

Although, the global epoxy grout market experiences good demand from all over the world, high growth is being witnessed from regions such as Asia Pacific, Eastern Europe, Middle East and Africa, followed by Western Europe.

Asia-Pacific region is the dominant market and holds a market share of half of the global market. The major reason behind the market dominance of APEJ region is the increasing industrialization. China, India and Indonesia are projected to show higher growth rate than previous years in the epoxy grout market. Latin America and Middle East and Africa regions are expected to be the emerging markets of epoxy grout owing to the rise in consumption of sealants in the construction industry.

Some of the examples of the market participants in the epoxy grout market identified across the value chain include MAPEI Corporation, Sika AG, LATICRETE International, Inc., ITW Engineered Polymers, GCP Applied Technologies Inc., Five Star Products, Inc.,  Master Builders Solutions and The Euclid Chemical Company, among others.

Request TOC of the Report @ https://www.persistencemarketresearch.com/methodology/15274

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Epoxy Grout Market : Global Snapshot by 2025 here

News-ID: 858437 • Views: 153

More Releases from Persistence Market Research

Global Waterborne Coatings Market Revenue to Witness Steady Growth Through 2020
Waterborne coatings are green substrates using water as solvent to dissolve a resin, making them environment friendly and easy to apply. These coatings usually contain approximately 80% of water with minimum quantities of other solvents such as glycol ethers. As per the U.S. and European regulations of waterborne coatings to have a VOC content less than 3.5 gallons of water, these are considered eco-friendly in nature. Various types of coatings
Manufacturers to Benefit from Lucrative Growth Prospects in the Global Textile P …
Application of coloring pattern and design to decorate the finished fabric is referred as printing. At the time of printing the color is applied to the fabric so that the color or design is not affected at the time of washing. Textile printing is a process of applying color to fabric in definite pattern and design. Textile printing is sometime confused with dyeing. In dyeing whole fabric is uniformly colored
Demand for Triazole Fungicides to Rise Significantly from Key End-use Industry S …
The growth of the crop can be affected by fungal infection. Fungicides are chemical compound used to kill fungi or fungal spores. Triazole is most widely used fungicides due to their different uses and efficacy against a number of fungal diseases. Triazole is highly effective against many different fungal diseases include rusts, leaf-spotting fungi and powdery mildews. Triazole is used on field crops, fruit trees and vegetables. Repeated use
Global Purified Terephthalic Acid Market Revenue to Witness Rapid Growth in the …
Purified terephthalic acid (PTA) is a chemical which is synthesized from crude oil. It is majorly used to manufacture polyester fiber. Its end-user industries include textile and home furnishing where PTA is required to manufacture garments such as bed sheets, curtains and clothes. Request For Report Sample@https://www.persistencemarketresearch.com/samples/3434 The market for purified terephthalic is expected to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in

All 5 Releases


More Releases for Epoxy

Global Epoxy Curingents Regional Outlook 2019
The global Epoxy Curingents market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025. This report studies the Epoxy Curingents 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
Global Epoxy Resin Market
Global Epoxy Resin Market – Industry Analysis and Forecast (2018-2026) – by Type, Physical Form, Application, End-user, and Region. Global Epoxy Resin Market was valued at US$ 7.7 Bn in 2017 and is expected to reach US$ 12.45 Bn by 2026, at a CAGR of 6.5 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data,
Epoxy Grout Market Opportunity Analysis by 2025
Epoxy grout is a type of grout (particular fluid) consisting of two components, i.e. epoxy resin and epoxy hardener, which are exclusively formulated in order to achieve a grout with qualities such as waterproof, stain-proof and chemical resistance. Due to these properties, epoxy grout is generally used to fill cracks on any surface or joints between tile units. Epoxy resin and epoxy hardener are used in epoxy grout in order
Epoxy Hardener Sales with Epoxy Hardener sales volume
In this report, the global Epoxy Hardener market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Epoxy Hardener for these regions, from 2012 to 2022 (forecast),
Epoxy Resins Market - Global Industry Analysis 2020
A recently released report from Transparency Market Research (TMR) forecasts that the global epoxy resins market will develop at a CAGR of 6.9% from 2014 to 2020. TMR, a market intelligence firm based in the U.S., states that by 2020, the global epoxy resins market will reach a market value of US$10.55 billion from US$6.64 billion in 2013. The report, titled ‘Epoxy Resins Market - Global Industry Analysis, Size, Share,
Epoxy Resins Market - Global Industry Analysis 2020
A recently released report from Transparency Market Research (TMR) forecasts that the global epoxy resins market will develop at a CAGR of 6.9% from 2014 to 2020. TMR, a market intelligence firm based in the U.S., states that by 2020, the global epoxy resins market will reach a market value of US$10.55 billion from US$6.64 billion in 2013. The report, titled ‘Epoxy Resins Market - Global Industry Analysis, Size, Share,