Global Premixed Grout Market Report 2019: Market Value is Expected to Reach USD 1,209 Million in 2026
Grout can be defined as a material used to fill the joints between tiles. It is a mortar or paste used for filling crevices, especially the gaps between floor or wall tiles. It is a hard material that can lock the tiles together and form a monolithic floor or wall covering. It is also used to enhance the decorative appeal of a wall or tile. The Premixed Grout is the Grout which has been mixed well and could be used directly.
The report shows the Premixed Grout market is valued at approximately USD 907 million in 2019 and is expected to generate revenue of around USD 1,209 million by 2026, growing at a CAGR of roughly 4.20% from 2019 and 2026.
Market Opportunity
Growth in the construction repairs industries is a primary driver of the premixed grout market. if the number of new construction or remodeling of existing construction increases in a certain region or country, then the premixed grouts market will also expand in that location. In recent years, with the continuous improvement of the national environmental protection requirements, it has become an urgent task of the local building authorities to promote the use of premixed grout. One key factor that has been driving the demand is the ability of these products to save labor costs. However, the availability of some substitutes is expected to hinder the global premixed grout market. These substitutes of premixed grouts used in construction repairs include compounds, coatings, and membranes.
Market Player
l MAPEI
l Custom Building Products
l Bostik
l RONA (Lowe's)
l H.B. Fuller
l PROMA
l W. R. MEADOWS
Get FREE Sample of Premixed Grout Market Report at:
Market Segmentation
By Type
l White
l Colored
By Application
l Indoor
l Outdoor
By Region
l North America: United States, Canada, and Mexico
l Asia-Pacific: China, Japan, India, Southeast Asia, and Australia
l Europe: Germany, UK, France, Italy, Russia, and Spain
l Latin America: Brazil, Argentina, and Colombia
l The Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, and South Africa
Purchase a copy of Premixed Grout report at:
Here Are Some Key Trends About Which You Need to Keep an Eye on For Global Premixed Grout Market (2019 – 2026)
l In 2018, the global market is led by Asia-Pacific, capturing about 32.69% of global premixed grout sales volume. Europe is the second-largest region-wise market with 28% global share, followed by North America (26.17%). The market is expected to expand at a faster rate in developing regions such as the Asia Pacific and Latin America due to the high rate of construction in these regions. The market in Europe and North America is likely to expand at a sluggish pace and is likely to be driven primarily by the rise in the remodeling of existing structures in these regions.
l By application, the premixed grout market can be bifurcated into indoor and outdoor. Premixed grouts are most commonly used to repair or enhance the aesthetics of tiles. Some of the common places where tiles are used include washrooms, kitchens, balconies, and outdoor walls.
l Judging from the historical experience of developed countries in Europe and America, the premixed grout is mainstream and trend of ready-mixed grout market. In America, grout occupies more than 80% of all the mortar products.
l At present, the global ready-mixed grouting market is gradually turning to Asia, especially China market is a top priority. It still has room for premixed grout products to substitute the other construction grout products. But the most challenge for China premixed grout market is the high production capacity and low utilization. With the investment growth of real estate slows down, the growth of premixed grout will keep a decreasing trend in the future.
Market Analyze Period
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Premixed Grout Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Premixed Grout Market by Types
4 Segmentation of Premixed Grout Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Premixed Grout Market in Major Countries
7 North America Premixed Grout Landscape Analysis
8 Europe Premixed Grout Landscape Analysis
9 Asia Pacific Premixed Grout Landscape Analysis
10 Latin America, Middle East & Africa Premixed Grout Landscape Analysis
11 Major Players Profile
11.1 MAPEI
11.1.1 MAPEI Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Custom Building Products
11.3 Bostik
11.4 RONA (Lowe's)
11.5 H.B. Fuller
11.6 PROMA
11.7 W. R. MEADOWS
…
Report Key Audience
l Premixed Grout manufacturers
l Raw material suppliers of Premixed Grout
l Downstream vendors and end-users
l Traders, distributors, and resellers of Premixed Grout
l Premixed Grout industry associations and research organizations
l Product managers, Premixed Grout industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
Ask for a discount at:
Contact Us
Global Market Monitor
One Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,
NY 11201, USA
Name: Rebecca Hall
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com
We provide more professional and intelligent market reports to complement your business decisions.
Chinese