Tile Grout Market Size Share and Industry Outlook to 2028

SKU: DM3345 | Last Updated On: Jan 13 2022 | No. of Pages: 180 | Available Formats

> Global Tile Grout Market Expected to reach a high CAGR By 2028: DataM Intelligence

Global Tile Grout Market is segmented By Product (Teflon Based, Nano Based), By Type (Unsanded Grout, Finely sanded Grout, Quarry Type Grout, Epoxy Grout, Others), By End User (Residential, Commercial, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

 

Market Overview

The Global Tile Grout Market is expected to grow at a high CAGR during the forecasting period (2021-2028).

Tile grout is a fluid form of concrete used to fill gaps. Grout is a mixture of water, cement, and sand for pressure grouting, embedding rebar in masonry walls, connecting sections of precast concrete, filling voids, and sealing joints between tiles. Tile grout is sometimes mixed with fine gravel for filling significant gaps such as the cores of concrete blocks. The global Tile Grout market has witnessed considerable growth over the recent past. The market is expected to witness a significant change in the forecasting period due to the high demand for decorative tiles and increasing construction activities. Moreover, the surge in the number of residential construction projects has supplemented the market growth.

Source: DataM Intelligence Analysis (2019)

Market Dynamics

The growth in residential and commercial construction activities is expected to propel market growth. Furthermore, the global tile grout and adhesives market has witnessed significant growth over the past few years. However, a lack of awareness regarding grout tile in developing economies is expected to hamper the market growth. Nevertheless, a spiraling number of restaurants, quick-service restaurants, and fast food joints is expected to surface lucrative growth opportunities to the market players in the near future.

Expansion of Construction Industry

Tiles, along with rugs and carpets, laminates, and wood, have become a highly essential component in the construction industry worldwide. The increasing commercial and residential construction activities across the world are contributing towards market growth. Tiling has significant applications in residential as well as commercial infrastructure such as hotels, hospitals. Tiling has become extremely prevalent across transportation infrastructures like railway stations and airports. These factors are expected favorable growth prospects for the tile grout market.

Increase in Residential Projects

The escalating number of residential projects, in light of the expanding global population along with the rapidly expanding hospitality and tourism industry, present lucrative opportunities to renowned market firms around the world. Numerous emerging economies such as India and China are focusing extensively on catering to affordable homes, as the urbanization rate is soaring every year. In a nutshell, the increase in the number of housing construction projects can lead to the tile grout market growth during the forecast period.

COVID-19 Impact Analysis

COVID-19 pandemic has significantly affected the global economy in several terms, such as directly affecting production and demand, supply chain disruption, and financial impact. COVID-19 has directly impacted the manufacturers' supply chain across the globe and shut down the production facilities to minimize the risk of virus spread. Despite the pandemic, there is growth in the overall chemical & material products and Tile Grout products, which is expected to drive the global market size in the global market during the forecast period.

Segment Analysis

Based on the type, the Tile Grout market has been classified into epoxy grout, finely sanded grout, quarry type grout, and others.

The epoxy segment dominated the global Tile Grout market in 2019

By type, epoxy grout is expected to gain significant momentum in the global tile grout market during the forecast period. The high growth of epoxy tile grounds is attributed to superior strength as well as high chemical resistance, rendering it highly versatile and ideal for a number of special applications. Although epoxy tile grout can be quite challenging in terms of installation, it remains ahead of other segments due to extended longevity with better cleaning techniques.

Based on the end-user, the Tile Grout market has been classified into residential, commercial, and others.

The residential segment accounted for the highest market share in the global market

The residential sector is considered the fastest growing sector and is projected to capture the majority of market share in the global title grout market. The high demand from the residential segment is attributed to continuously increasing residential construction owling to increase disposable income and increase focus on aesthetic values. Moreover, increasing demand for decorative Tile Grout products in residential projects further drives the residential segment in the global Tile Grout market during the forecast period.

Source: DataM Intelligence Analysis (2019)

Tile Grout Market Geographical Analysis

Based on geography, the study analyzes the tile grout market in the global market, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

North America leads the global market throughout the forecast period

North America dominates the global tile grout market in terms of value and volume due to the presence of leading manufacturing companies and easy accessibility of premium quality tile grout ingredients based on chemical & material products. The high growth of the market in the region is attributed to the growing demand for decorative and attractive products in the region. In Europe, the growing demand for these types of products due to increasing the construction of new projects further enhances its market position in the global Tile Grout market in the coming years.

The Asia Pacific is estimated to witness the highest growth rate in the global tile grout market during the forecast period. The growth of the region is primarily driven due to the increasing number of construction projects. The global companies are investing in the region to increase the export from the low-cost area, which is further expected to increase the tile grout consumption in the region during the forecast period.

Source: DataM Intelligence Analysis (2019)

Competitive Landscape

The tile grout market is highly competitive, owing to the presence of big brands. The key tile grout players which are contributing to the growth of the global market include Miracle Sealants, Bondall, Tech Dry, Davco, Aqua Mix, Mapei, Latricrete international, Dupont, Enduro Shield, Bostik, Ultra Durable Technologies, Selleys, CRAFIT, Langood, Krishna Colours, and among others. The major players are adopting new product launch and expansion strategies for global growth in the Tile Grout market.

Miracle Sealants

Overview: Miracle Sealant is engaged in the production and distribution of sealants products. Miracle Sealants Company is one of the world’s leading manufacturers of premium quality, professional-grade installation and care products for ceramic/porcelain tile, grout, natural stone, brick, and masonry surfaces. It surpassed the industry standards for more than 34 years. The company subsidiary of the rust-oleum corporation. It has operations in Africa, Asia Pacific, Central, and Eastern Europe, Latin America, the Middle East, North America, and Western Europe. Miracle Sealant is headquartered in Ireland, United States.

Product Portfolio: The company's portfolio comprises sealant products, protect, clean, enhance, restore, install, and other services.

Why Purchase the Report?

  • Visualize the Tile Grout market segmentation composition by product, type, end-user, and region, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in the Tile Grout market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of Tile Grout market – level 5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global Tile Grout market report would provide access to an approx. 75 market data tables, 71 figures, and 180 pages.

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

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Table of Contents

  1. Global Tile Grout Market Methodology and Scope
    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Global Tile Grout Market – Market Definition and Overview
  3. Global Tile Grout Market – Executive Summary
    1. Market Snippet by Type
    2. Market Snippet by Product
    3. Market Snippet by End User
    4. Market Snippet by Region
  4. Global Tile Grout Market-Market Dynamics
    1. Market Impacting Factors
      1. Drivers
        1. Owing to the high demand for decorative tiles
        2. An increasing number of residential projects in developing countries
        3. An increasing number of commercial project
      2. Restraints:
        1. Lack of awareness regarding grout tile in developing economies
      3. Opportunity
      4. Impact Analysis
  5. Global Tile Grout Market – Industry Analysis
    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
    3. Value Chain Analysis
    4. PEST Analysis
    5. Pricing Analysis
    6. Regulatory Analysis
    7. Reimbursement Analysis
    8. Unmet Needs
    9. Patent Trends
  6. Global Tile Grout Market – COVID-19 Analysis
    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
    6. Conclusion 
  7. Global Tile Grout Market – By Product
    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Segment
    3. Market Attractiveness Index, By Product Segment
      1. Teflon Based*
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Nano Based
  8. Global Tile Grout Market – By Type
    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type Segment
    3. Market Attractiveness Index, By Type Segment
      1. Unsanded Grout*
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Finely sanded Grout
      3. Quarry Type Grout
      4. Epoxy Grout
      5. Others
  9. Global Tile Grout Market – By End User
    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User Segment
    3. Market Attractiveness Index, By End User Segment
      1. Residential*
        1. Introduction
        2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
      2. Commercial
      3. Others
  10. Global Tile Grout Market – By Region
    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    3. Market Attractiveness Index, By Region
    4. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    5. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    6. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    7. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    8. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
  11. Global Tile Grout Market – Competitive Landscape
    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  12. Global Tile Grout Market- Company Profiles
    1. Miracle Sealants*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Bondall
    3. Tech-Dry
    4. Davco
    5. Aqua Mix
    6. Mapei
    7. LATICRETE International
    8. Dupont
    9. Enduro Shield
    10. Bostik
    11. Ultra Durable Technologies
    12. Selleys
    13. CRAFIT
    14. Langood
    15. Krishna Colours(*LIST NOT EXHAUSTIVE)
  13. Global Tile Grout Market – Premium Insights
  14. Global Tile Grout Market – MSG
    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables & Figures

List of Tables
Table 1 Global Tile Grout Market Value, By Product, 2019, 2023 & 2028 (US$ Million)    
Table 2 Global Tile Grout Market Value, By Type, 2019, 2023 & 2028 (US$ Million)    
Table 3 Global Tile Grout Market Value, By End User, 2019, 2023 & 2028 (US$ Million)    
Table 4 Global Tile Grout Market Value, By Region, 2019, 2023 & 2028 (US$ Million)    
Table 5 North America Tile Grout Market Value, By Product, 2019, 2023 & 2028 (US$ Million)    
Table 6 North America Tile Grout Market Value, By Type, 2019, 2023 & 2028 (US$ Million)    
Table 7 North America Tile Grout Market Value, By End User, 2019, 2023 & 2028 (US$ Million)    
Table 8 North America Tile Grout Market Value, By Country, 2018-2028 (US$ Million)    
Table 9 South America Tile Grout Market Value, By Product, 2019, 2023 & 2028 (US$ Million)    
Table 10 South America Tile Grout Market Value, By Type, 2019, 2023 & 2028 (US$ Million)    
Table 11 South America Tile Grout Market Value, By End User, 2019, 2023 & 2028 (US$ Million)    
Table 12 South America Tile Grout Market Value, By Country, 2018-2028 (US$ Million)    
Table 13 Europe Tile Grout Market Value, By Product, 2019, 2023 & 2028 (US$ Million)    
Table 14 Europe Tile Grout Market Value, By Type, 2019, 2023 & 2028 (US$ Million)    
Table 15 Europe Tile Grout Market Value, By End User, 2019, 2023 & 2028 (US$ Million)    
Table 16 Europe Tile Grout Market Value, By Country, 2018-2028 (US$ Million)    
Table 17 Asia Pacific Tile Grout Market Value, By Product, 2019, 2023 & 2028 (US$ Million)    
Table 18 Asia Pacific Tile Grout Market Value, By Type, 2019, 2023 & 2028 (US$ Million)    
Table 19 Asia Pacific Tile Grout Market Value, By End User, 2019, 2023 & 2028 (US$ Million)    
Table 20 Asia Pacific Tile Grout Market Value, By Country, 2019, 2023 & 2028 (US$ Million)
Table 21 The Middle East & Africa Tile Grout Market Value, By Product, 2019, 2023 & 2028 (US$ Million)    
Table 22 The Middle East & Africa Tile Grout Market Value, By Type, 2019, 2023 & 2028 (US$ Million)    
Table 23 The Middle East & Africa Tile Grout Market Value, By End User, 2019, 2023 & 2028 (US$ Million)    
Table 24 The Middle East & Africa Tile Grout Market Value, By Country, 2019, 2023 & 2028 (US$ Million)
Table 25 Miracle Sealants: Overview    
Table 26 Miracle Sealants: Product Portfolio    
Table 27 Miracle Sealants: Key Developments    
Table 28 Bondall: Overview    
Table 29 Bondall: Product Portfolio    
Table 30 Bondall: Key Developments    
Table 31 Tech-Dry: Overview    
Table 32 Tech-Dry: Product Portfolio    
Table 33 Tech-Dry: Key Developments    
Table 34 Davco Overview    
Table 35 Davco: Product Portfolio    
Table 36 Davco: Key Developments    
Table 37 Aqua Mix: Overview    
Table 38 Aqua Mix: Product Portfolio    
Table 39 Aqua Mix: Key Developments    
Table 40 Mapei: Overview    
Table 41 Mapei: Product Portfolio    
Table 42 Mapei: Key Developments    
Table 43 LATICRETE International: Overview    
Table 44 LATICRETE International: Product Portfolio    
Table 45 LATICRETE International: Key Developments    
Table 46 Dupont: Overview    
Table 47 Dupont: Product Portfolio    
Table 48 Dupont: Key Developments    
Table 49 Enduro Shield: Overview    
Table 50 Enduro Shield: Product Portfolio    
Table 51 Enduro Shield: Key Developments    
Table 52 Bostik: Overview    
Table 53 Bostik: Product Portfolio
Table 54 Bostik: Key Developments
Table 55 Ultra Durable Technologies: Overview    
Table 56 Ultra Durable Technologies: Product Portfolio
Table 57 Ultra Durable Technologies: Key Developments
Table 58 Selleys: Overview    
Table 59 Selleys: Product Portfolio
Table 60 Selleys: Key Developments
Table 61 CRAFIT: Overview    
Table 62 CRAFIT: Product Portfolio
Table 63 CRAFIT: Key Developments
Table 64 Langood: Overview    
Table 65 Langood: Product Portfolio
Table 66 Langood: Key Developments
Table 67 Krishna Colours: Overview    
Table 68 Krishna Colours: Product Portfolio
Table 69 Krishna Colours: Key Developments
List of Figures
Figure 1 Global Tile Grout Market Share, By Product, 2019 & 2028 (%)
Figure 2 Global Tile Grout Market Share, By Type, 2019 & 2028 (%)
Figure 3 Global Tile Grout Market Share, By End User, 2019 & 2028 (%)
Figure 4 Global Tile Grout Market Share, By Region, 2019 & 2028 (%)
Figure 5 Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 6 Global Tile Grout Market Y-o-Y Growth, By Product, 2019-2028 (%)
Figure 7 Teflon Based: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 8 Nano Based: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 9 Global Tile Grout Market Y-o-Y Growth, By Type, 2019-2028 (%)
Figure 10 Unsanded Grout: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 11 Finely sanded Grout: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 12 Quarry Type Grout: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 13 Epoxy Grout: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 14 Others: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 15 Global Tile Grout Market Y-o-Y Growth, By End User, 2019-2028 (%)
Figure 16 Residential: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 17 Commercial: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 18 Others: Global Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 19 Global Tile Grout Market Y-o-Y Growth, By Region, 2019-2028 (%)
Figure 20 North America Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 21 North America Tile Grout Market Share, By Product, 2019 & 2028 (%)
Figure 22 North America Tile Grout Market Share, By Type, 2019 & 2028 (%)
Figure 23 North America Tile Grout Market Share, By End User, 2019 & 2028 (%)
Figure 24 North America Tile Grout Market Share, By Country, 2019 & 2028 (%)
Figure 25 South America Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 26 South America Tile Grout Market Share, By Product, 2019 & 2028 (%)
Figure 27 South America Tile Grout Market Share, By Type, 2019 & 2028 (%)
Figure 28 South America Tile Grout Market Share, By End User, 2019 & 2028 (%)
Figure 29 South America Tile Grout Market Share, By Country, 2019 & 2028 (%)
Figure 30 Europe Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 31 Europe Tile Grout Market Share, By Product, 2019 & 2028 (%)
Figure 32 Europe Tile Grout Market Share, By Type, 2019 & 2028 (%)
Figure 33 Europe Tile Grout Market Share, By End User, 2019 & 2028 (%)
Figure 34 Europe Tile Grout Market Share, By Country, 2019 & 2028 (%)
Figure 35 Asia-Pacific Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 36 Asia-Pacific Tile Grout Market Share, By Product, 2019 & 2028 (%)
Figure 37 Asia-Pacific Tile Grout Market Share, By Type, 2019 & 2028 (%)
Figure 38 Asia-Pacific Tile Grout Market Share, By End User, 2019 & 2028 (%)
Figure 39 Asia-Pacific Tile Grout Market Share, By Country, 2019 & 2028 (%)
Figure 40 The Middle East & Africa Tile Grout Market Value, 2018-2028 (US$ Million)
Figure 41 The Middle East & Africa Tile Grout Market Share, By Product, 2019 & 2028 (%)
Figure 42 The Middle East & Africa Tile Grout Market Share, By Type, 2019 & 2028 (%)
Figure 43 The Middle East & Africa Tile Grout Market Share, By End User, 2019 & 2028 (%)
Figure 44 The Middle East & Africa Tile Grout Market Share, By Country, 2019 & 2028 (%)
Figure 45 Miracle Sealants: Financials
Figure 46 Bondall: Financials
Figure 47 Tech-Dry: Financials
Figure 48 Davco: Financials
Figure 49 Aqua Mix: Financials
Figure 50 Mapei: Financials
Figure 51 LATICRETE International: Financials
Figure 52 Dupont: Financials
Figure 53 Enduro Shield: Financials
Figure 54 Bostik: Financials
Figure 55 Ultra Durable Technologies: Financials
Figure 56 Selleys: Financials
Figure 57 CRAFIT: Financials
Figure 58 Langood: Financials
Figure 59 Krishna Colours: Financials
 

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