The global Anchors and Grouts Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.9% during the review period (2022 to 2027)
Anchors and Grouts Market Overview
Anchors and grouts are cement and resin-based products to fill voids beneath load-bearing units, collected with anchoring systems to install permanent anchors and fixings. Anchors and grouts are usually used in the construction industry, from houses to car parks, schools, and skyscrapers. In addition, they are used on roofs and as cladding for exterior walls. These are used for applications in industrial, civil, commercial, or residential buildings, providing the fast setting, high strength, underwater, ready-mix, and even vibration resistance to buildings and infrastructures. In many ends use sectors mechanical & chemical anchoring is getting adopted in the very large scale but the later one i.e. chemical anchoring is gaining more adoption when compared to the mechanical anchoring. In chemical anchoring technique, a polymeric resin is introduced inside the hole prior to enclosure of the steel or iron stud. Epoxy grouts are acknowledged for their remarkably high strength, which needs minimal surface preparation for anchoring and installing heavy industrial machinery. Industries that use grouts include food plants, pharmaceutical plants, chemical plants, battery plants, institutional facilities, and pulp and paper mills Anchors and grouts have a extensive range of applications in the construction industry all over the world. They are usually used to secure goods with materials that are resistant to screws and nails, such as concrete. Worldwide, anchor and grout usage is expected to be driven by the need for buildings and infrastructure, owing to the rapidly growing population worldwide.
Industry News
In December 2021, GCP Applied Technologies Inc. announced that it had entered a definitive agreement under which Saint-Gobain would acquire all of the outstanding shares of GCP Applied Technologies for USD 32.00 per share, in cash, in a transaction valued at approximately USD 2.3 billion (approximately EUR 2.0 billion).
In November 2021, Sika signed a definitive agreement to acquire MBCC Group, the former BASF Construction Chemicals, from an affiliate of Lone Star Funds, a global private equity firm, for consideration of CHF 5.5 billion (EUR 5.2 billion).
What are the major Applications, Types and Regions for Anchors and Grouts Market?
By Type, it is segmented into
- Cementitious Fixing Anchors and Grouts
- Resin Fixing Anchors and Grouts
- Others
By Applications it is segmented into
- Residential Use
- Commercial Use
- Industrial Use
- Others
Anchors and Grouts Market Regional Analysis
The Asia-Pacific construction sector is the major in the world, and it is increasing at a healthy rate, owing to the rising population, increasing middle-class income, and urbanization. The emerging economies in the Asia-Pacific region, such as China, India, Indonesia, Vietnam, and the Philippines, have been witnessing robust progress in construction activities. The robust economic performance is expected to further accelerate the expansion of housing construction activities in the region.
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Anchors and Grouts Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Anchors and Grouts Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Anchors and Grouts Market Report Scope?
Report Attributes
|
Report Details
|
Forecast Period 2022 to 2027 CAGR
|
CAGR of 7.9% during the review period (2022 to 2027).
|
By Type
|
- Cementitious Fixing Anchors and Grouts
- Resin Fixing Anchors and Grouts
- Others
|
By Application
|
- Residential Use
- Commercial Use
- Industrial Use
- Others
|
By Companies
|
BASF, Arkema, CHRYSO, Fosroc, Gantrex, GCP Applied Technologies, Sika, Saint-Gobain, Selena FM
|
Regions Covered
|
- North America
- Europe
- Asia-Pacific
- Rest of the World
|
Countries Covered
|
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Number of Pages
|
94
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Anchors and Grouts Report
- Evaluate Anchors and Grouts market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Anchors and Grouts market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Anchors and Grouts Market is studied from 2017 - 2027.
What is the growth rate of Anchors and Grouts Market?
The Anchors and Grouts Market is growing at a CAGR of 7.9% over the next 5 years.
What regions does this Anchors and Grouts Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.