Industrial Grouting Material Market size was valued at USD 2.5 Billion in 2024 and is forecasted to grow at a CAGR of 6.5% from 2026 to 2033, reaching USD 4.0 Billion by 2033.
In 2022, the global industrial grouting material market was valued at approximately USD 7,073.9 million, with projections indicating growth to USD 10,320 million by 2030, reflecting a compound annual growth rate (CAGR) of 5.6%. Regionally, North America accounted for 32% of the global production, Europe contributed 21%, China held an 11% share, and the Asia Pacific region represented 24% of the market. The demand for industrial grouting materials is driven by their applications in sectors such as chemical processing plants, petroleum refineries, food and beverages, onshore oil and gas processing, electric power generation, and pulp and paper mills.The markets expansion is fueled by increasing infrastructure projects and advancements in construction technologies, necessitating robust solutions for foundation stabilization and structural reinforcement. Technological innovations, including the development of epoxy based formulations, have enhanced the performance and versatility of grouting materials. Emerging economies, particularly in the Asia Pacific region, present significant growth opportunities due to rapid industrialization and urbanization, leading to heightened demand for durable and high performance grouting solutions.
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Sika
Fosroc
LATICRETE
Custom Building Products
ITW Wind Group
GCP Applied Technologies
Mapei
CICO Technologies (CTL)
Ambex Concrete Technologies
Five Star Products
Jinqi Chemical Group
Fischer Spezialbaustoffe
Nanjiang
A.W. Cook Cement Products
Psiquartz
TCC Materials
DMAR
Roundjoy
CETCO (Minerals Technologies)
Sobute New Materials
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 Industrial Grouting Material Market
Cementitious Grouts
Epoxy Grouts
Polyurethane Grouts
Vinyl Ester Grouts
Others
Construction
Infrastructure
Mining
Pipelines
Power Generation
Others
Residential Construction
Commercial Construction
Industrial Facilities
Energy & Utilities
Transportation
Water & Wastewater Management
Others
Pressure Grouting
Gravity Grouting
Injection Grouting
Other Methods
Organic Grouts
Inorganic Grouts
Hybrid Grouts
Others
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 Industrial Grouting Material 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 Industrial Grouting Material Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Grouting Material Market, By Type
6. Global Industrial Grouting Material Market, By Application
7. Global Industrial Grouting Material Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Industrial Grouting Material Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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