PUBLISHER: Lucintel | PRODUCT CODE: 1418237
PUBLISHER: Lucintel | PRODUCT CODE: 1418237
Anchor and Grout Trends and Forecast
The future of the global anchor and grout market looks promising with opportunities in the residential, commercial, and industrial markets. The global anchor and grout market is expected to reach an estimated $2.4 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are expanding infrastructure and construction activities, rising demand for renovation and repair projects, and growing preference for eco-friendly grouts.
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Anchor and Grout by Segment
The study includes a forecast for the global anchor and grout by product, application, and region.
List of Anchor and Grout Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies anchor and grout companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the anchor and grout companies profiled in this report include-
Anchor and Grout Market Insights
Lucintel forecasts that cementitious fixing anchor & grout will remain the larger segment over the forecast period as many civil projects are repaired with cementitious grout.
Within this market, industrial use is expected to witness the highest growth due to the quick rise in building and development initiatives in developing nations.
APAC will remain the largest region over the forecast period due to the high demand for hotels, malls, high-rise structures, arenas, and stadiums which has helped the construction sector in the region.
Features of the Global Anchor and Grout Market
Market Size Estimates: Anchor and grout market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Anchor and grout market size by product, application, and region in terms of value ($B).
Regional Analysis: Anchor and grout market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the anchor and grout market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the anchor and grout market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the anchor and grout market size?
Answer: The global anchor and grout market is expected to reach an estimated $2.4 billion by 2030.
Q2. What is the growth forecast for anchor and grout market?
Answer: The global anchor and grout market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the anchor and grout market?
Answer: The major drivers for this market are expanding infrastructure and construction activities, rising demand for renovation and repair projects and growing preference for eco-friendly grouts.
Q4. What are the major segments for anchor and grout market?
Answer: The future of the global anchor and grout market looks promising with opportunities in the residential, commercial, and industrial markets.
Q5. Who are the key anchor and grout market companies?
Answer: Some of the key anchor and grout companies are as follows.
Q6. Which anchor and grout market segment will be the largest in future?
Answer: Lucintel forecasts that cementitious fixing anchor & grout will remain the larger segment over the forecast period as many civil projects are repaired with cementitious grout.
Q7. In anchor and grout market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the high demand for hotels, malls, high-rise structures, arenas, and stadiums which has helped the construction sector in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.