Anchors and Grouts Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 1.8 Billion by 2033, exhibiting a CAGR of 5.2% from 2026 to 2033.
The global Anchors and Grouts market was valued at approximately USD 7.5 billion in 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.3% from 2023 to 2030. The demand for anchors and grouts is driven by the increasing construction activities, particularly in the infrastructure and industrial sectors, where the products are essential for providing support and securing structures. The market is witnessing steady growth due to the rise in residential and commercial construction projects, as well as infrastructure development in emerging economies. The Asia Pacific region dominates the global market, accounting for nearly 40% of the total market share in 2022, driven by rapid urbanization and substantial infrastructure projects in countries like China and India. North America and Europe also contribute significantly, with demand being fueled by ongoing infrastructural renovations and the need for advanced construction techniques that require anchors and grouts.
Regionally, the market for Anchors and Grouts shows significant opportunities for growth, particularly in the Asia Pacific region, where the market is anticipated to expand at the highest CAGR during the forecast period. This growth is primarily attributed to the surge in construction projects and industrial expansions in the region. The Middle East and Africa are expected to witness a surge in demand as well, driven by large scale infrastructure and oil & gas projects. Latin America’s market is also projected to grow steadily, benefiting from construction activities and industrial growth in countries like Brazil and Mexico. The growing awareness about the importance of high performance anchors and grouts in enhancing structural stability further opens new avenues for the market players to explore in these regions.
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BASF
Arkema
CHRYSO
Fosroc
Gantrex
GCP Applied Technologies
Sika
Saint-Gobain
Selena FM
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Anchors and Grouts Market
Anchors
Grouts
Cementitious
Epoxy-based
Polyurethane-based
Construction
Industrial
Marine
Residential
Building & Construction
Oil & Gas
Mining
Infrastructure
Online
Offline
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Anchors and Grouts Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Anchors and Grouts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Anchors and Grouts Market, By Type
6. Global Anchors and Grouts Market, By Application
7. Global Anchors and Grouts Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Anchors and Grouts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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