Ready-To-Use Grout And Adhesive Market Size 2025 And Growth Rate

The ready-to-use grout and adhesive market size has grown strongly in recent years. It will grow from $1.66 billion in 2024 to $1.82 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to a rise in urbanization and population, rising consumer preference for sustainable construction materials, increased demand for tile and natural stone, and a rise in the construction sector.

Ready-To-Use Grout And Adhesive Market Growth Forecast

The ready-to-use grout and adhesive market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to rising consumer preference for sustainable construction materials, increasing urbanization, increasing brand endorsement spending to differentiate their products, increasing adoption of epoxy products, and growth in construction and infrastructure development. Major trends in the forecast period include technological innovations, innovations in product development, specialized adhesives for large tiles, digitalization and smart manufacturing, and collaborations and partnerships.

Ready-To-Use Grout And Adhesive Market Driver: Impact Of Ready-To-Use Grout And Adhesive On The Expanding Construction Sector

The rise in the construction sector is expected to propel the growth of the ready-to-use grout and adhesive market going forward. The construction sector is the industry responsible for building, renovating, and maintaining residential, commercial, and infrastructure projects such as homes, offices, roads, and bridges. The construction sector is expanding due to rapid urbanization, driving demand for new infrastructure, while government investments in large-scale projects further fuel growth. Ready-to-use grout and adhesive products are pre-mixed solutions that offer convenience and efficiency in construction, especially for tiling and flooring projects. They simplify the application process by eliminating the need for on-site mixing, reducing errors, and saving time. For instance, in May 2024, according to a report published by The Office for National Statistics, a UK-based government department, in Quarter 1 2024, total new construction orders rose by 15.9%, amounting to $1,913 million (£1,436 million), compared to Quarter 4 2023. Therefore, the rise in the construction sector is driving the growth of the ready-to-use grout and adhesive market.

Global Ready-To-Use Grout And Adhesive Market Major Players

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

Global Ready-To-Use Grout And Adhesive Market Trend: Innovations In Ready-To-Use Grout Enhancing Performance And Sustainability

Major companies in the ready-to-use grout and adhesive market focus on developing innovative ready-to-use grout products to enhance performance and meet the growing demand for sustainable and high-quality building materials. Ready-to-use grout refers to a pre-mixed formulation of grout that is packaged and ready for immediate application, eliminating the need for on-site mixing. For instance, in April 2022, Sika AG, a Switzerland-based chemical company, launched its innovative ready-to-use grout, SikaTile-Ultima Grout, designed for interior and exterior applications, including areas prone to intermittent wet conditions. Its ready-to-use formula simplifies the grouting process, reducing the likelihood of errors associated with mixing materials on-site. It also provides a complex, durable, and entire grout joint for professional results. This grout significantly saves time and labor for contractors, allowing for quicker project completion while minimizing maintenance needs and contributing to long-term cost efficiency.

Ready-To-Use Grout And Adhesive Market Merger And Acquisition: Sika AG Acquires Chema Group To Enhance Presence In The Peruvian Mortar Market

In August 2023, Sika AG, a Switzerland-based chemical company, acquired Chema under the umbrella brand in Peru for an undisclosed amount. Through this acquisition, Sika AG aims to strengthen its position in the growing Peruvian mortar market by expanding manufacturing and distribution capabilities, creating cross-selling opportunities for complementary products, and enhancing its Building Finishing portfolio to improve customer service across Peru. Chema Group is a Peru-based manufacturer of tile setting materials and related additives, including ready-to-use grout and adhesives.

Regional Outlook For The Global 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.

The countries covered in the ready-to-use grout and adhesive market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Ready-To-Use Grout And Adhesive Market?

The ready-to-use grout adhesive market consists of sales of pre-mixed grout, tile adhesive, thin-set mortar, vinyl tile adhesive, and mastic adhesive. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Ready-To-Use Grout And Adhesive Industry?

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