Global Anchor And Grout Market Is Anticipated To Grow At A Cagr Of 6.2% During 2024 To 2030

By Author: Lucintel LLC
Total Articles: 5254
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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 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.
Some of the key questions answered in this exclusive report are:
Q.1. What are some of the most promising, high-growth opportunities for the anchor and grout market by product (cementitious fixing anchors & grouts, resin fixing anchors & grouts, and others), application (residential use, commercial use, industrial use, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. ...
... What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Market Segmentation:
In this market, cementitious fixing anchor & grout and resin fixing anchor & grout are the major segments of anchor and grout market by product. 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.
BASF, Arkema, CHRYSO, Fosroc, Gantrex, GCP Applied Technologies, Saint-Gobain, Sika, Selena FMSelena FM, and MAPEI are the major suppliers in the anchor and grout market.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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