Ready-to-Use Grout and Adhesive Market 2024

The ready-to-use grout and adhesive market size has grown strongly in recent years. It will grow from $1.52 billion in 2023 to $1.66 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth during the historic period can be attributed to rising urbanization and population, an increased consumer preference for sustainable construction materials, heightened demand for tiles and natural stone, and growth in the construction sector.

The ready-to-use grout and adhesive market size is expected to see strong growth in the next few years. It will grow to $2.37 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The projected growth during the forecast period can be attributed to the rising consumer preference for sustainable construction materials, increasing urbanization, growing brand endorsement expenditures to differentiate products, a higher adoption rate of epoxy products, and expansion in construction and infrastructure development. Key trends anticipated during this period include technological innovations, advancements in product development, the emergence of specialized adhesives for large tiles, digitalization and smart manufacturing practices, and strategic collaborations and partnerships.

The expansion of the construction sector is expected to drive growth in the ready-to-use grout and adhesive market in the coming years. The construction sector encompasses the building, renovation, and maintenance of residential, commercial, and infrastructure projects, including homes, offices, roads, and bridges. This sector is experiencing growth due to rapid urbanization, which increases demand for new infrastructure, alongside government investments in large-scale projects. Ready-to-use grout and adhesive products are pre-mixed solutions that enhance convenience and efficiency in construction, particularly for tiling and flooring tasks. By eliminating the need for on-site mixing, these products simplify the application process, reduce errors, and save time. For example, in May 2024, a report from The Office for National Statistics, a UK government department, indicated that total new construction orders rose by 15.9% in Quarter 1 2024, reaching $1.91 billion (£1,436 million) compared to Quarter 4 2023. Therefore, the growth of the construction sector is fueling the expansion of the ready-to-use grout and adhesive market.

Leading companies in the ready-to-use grout and adhesive market are concentrating on developing innovative products to enhance performance and address the increasing demand for sustainable, high-quality building materials. Ready-to-use grout refers to pre-mixed formulations that come 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, intended for both interior and exterior applications, including areas exposed to intermittent wet conditions. This ready-to-use formula simplifies the grouting process, significantly reducing the likelihood of errors that can occur with on-site mixing. It also ensures a strong, durable, and complete grout joint, delivering professional results. This product notably saves time and labor for contractors, allowing for quicker project completion while minimizing maintenance requirements and contributing to long-term cost efficiency.

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

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.

Asia-Pacific was the largest region in the ready-to-use grout and adhesive market in 2023. 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 are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Ready-to-use grout and adhesive are pre-mixed products specifically designed for construction applications, particularly in tiling projects. Unlike traditional grout or adhesives that require on-site mixing with water or other components, these products are ready for immediate application, which saves time and minimizes the risk of mixing errors.

The primary product categories within ready-to-use grout and adhesives include grout and adhesives. Grout is a thick paste or mortar composed of cement, sand, and water, used to fill gaps or spaces between tiles, bricks, or other construction materials. It is applied in various settings, including walls, floors, and countertops, and serves a wide range of end users across residential, commercial, and industrial sectors.

The ready-to-use grout and adhesives are grout market research report is one of a series of new reports that provides ready-to-use grout and adhesives are grout market statistics, including ready-to-use grout and adhesives are grout industry global market size, regional shares, competitors with a ready-to-use grout and adhesives are grout market share, detailed ready-to-use grout and adhesives are grout market segments, market trends and opportunities, and any further data you may need to thrive in the ready-to-use grout and adhesives are grout industry. This market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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.

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.

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