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2023

Americas Tile Grout Market

Americas Tile Grout Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Unsanded, Finely Sanded, Epoxy, Cementitious), by Application (Wall Tiling, Floor Tiling), by End User (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: Saurabh Samel | Sonia Mutreja
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The Americas Tile Grout market was valued at $466.0 million in 2022 and is projected to reach $762.7 million by 2032, registering a CAGR of 4.9% from 2023 to 2032. Tile grout is widely used in the construction industry for flooring, wall coverings, and decorative applications in residential, commercial, and industrial buildings. It is applied in settings such as homes, offices, shopping centers, hospitals, hotels, factories, and warehouses. Tile grout provides stability and support for tiled surfaces, preventing tiles from shifting or cracking, which is crucial for maintaining the structural integrity of buildings. Moreover, grout offers design flexibility, allowing architects and designers to achieve a wide range of aesthetic effects with various colors and patterns.

“The Americas Tile Grout market was negatively impacted during lockdown, due to reduced supply chain disruptions. However, the market has significantly recovered by the end of 2022, owing to factors such as the growth of the construction industry and rising demand from emerging economies.”

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Market Dynamics

One of the main factors propelling the tile grout market is the rise of the building construction sector in the Americas. The demand for various building materials, including tiles, normally rises as the building construction sector expands. In both residential and commercial building, tiles are frequently used for flooring, walls, and other surfaces. The demand for tile grout thus rises along with the demand for tile installation. For instance, in July 2023, the U.S. Census Bureau and the U.S. Department of Housing & Urban Development anticipate that 1.5 million housing units will be under construction. The demand for tile grout will rise as a result of the increase in new home building. In addition, tiles are widely used in home construction for flooring, bathroom vanities, kitchen backsplashes, and other purposes. Demand for tile installations is directly correlated with the expansion of new residential construction projects. Aesthetics and utility are also crucial in both residential and commercial construction projects. Tiles are frequently chosen by builders, architects, and property owners not only for their longevity but also for their aesthetic appeal. By filling up spaces between tiles and ensuring structural stability, tile grout is essential for achieving a polished and coherent appearance. Moreover, according to the Conference Board of Canada, Canadian residential building investment climbed for 11 months in March 2021, growing 7.6% to $14.0 billion. As a result, the growth of the tile grout market in America is anticipated to be fueled by an increase in the building construction sector.

Furthermore, bathroom floors, kitchen backsplashes, and shower enclosures are common examples of tiled surfaces that are replaced or renovated during home renovations. For fastening new tiles or enhancing the appearance of old ones, these undertakings demand for the use of grout. In addition, people frequently want to add distinctive tile patterns and designs to personalize their environments. This can entail developing elaborate mosaic patterns, geometrical arrangements, or unique color palettes. Grout is adaptable and can accommodate unique design features. To accomplish their intended aesthetic and creative vision, homeowners can select various grout colors, widths, and types. For instance, in February 2022, 48 major U.S. metropolitan areas are anticipated to have an increase in home remodeling by 13.8% by the end of 2022, according to forecasts provided by "The Joint Centre for Housing Studies" of Harvard University. Tiles may also develop cracks, chips, or stains over time. Homeowners frequently decide to fix or replace a single tile, or a piece of a tiled surface. Grout is necessary to secure new tiles and make sure replacements blend in smoothly with the originals.

Moreover, the Americas region experiences diverse climatic conditions, from extreme cold in some northern areas to high humidity and heat in tropical regions. Tile grout helps ensure that tiled surfaces remain stable and waterproof despite these variations, making it an essential component for both residential and commercial buildings. Also, the Americas region attracts a significant number of tourists and visitors each year. Hospitality establishments, such as hotels and resorts, frequently use tile grout for flooring and decorative elements due to its aesthetic appeal and durability. This sector's growth contributes to the demand for tile grout. In addition, infrastructure projects, such as transportation systems, airports, and government-funded initiatives, frequently incorporate tile installations, and drive the demand for tile grout in the region.

The Tile Grout market is witnessing various obstructions in its regular operations due to COVID-19 pandemic and inflation. lockdowns and travel restrictions imposed to curb the spread of the virus led to supply chain disruptions. Manufacturers faced difficulties in sourcing raw materials that are needed for producing tile grout. Delays in shipments and logistical bottlenecks affected the timely delivery of the tile grout, contributing to project delays and reduced operational efficiency. However, the COVID-19 has subsided, and the major manufacturers in 2023 are performing well. Contrarily, the rising global inflation is a new major obstructing factor for the entire industry. The inflation, which is a direct result of the Ukraine-Russia war, and a few long-term impacts of the coronavirus pandemic, has introduced volatility in the prices of raw materials used for manufacturing tile grout. In addition to this, the cost of raw wood has also increased substantially, and many countries; especially, the countries in Europe, Latin America, and developing economies in Asia-Pacific are experiencing severe negative impacts in the production of chemical-based products. However, India and China are performing relatively well. In addition, inflation is expected to worsen in the coming years, as the possibility of the ending of the war between Ukraine and Russia is less. However, with the continued talks between different countries, a peace agreement between Ukraine and Russia can be devised.

Segmental Overview

The Americas tile grout market is segmented on the basis of type, application, and end user. By type, the market is divided into unsanded, finely sanded, epoxy and cementitious. Moreover, depending on the application, the market is categorized into wall tiling and floor tiling. On the basis of end user, it is divided into residential, commercial, and industrial. Region-wise, it is analyzed across North America (U.S., Canada, and Mexico), and Latin America (Brazil, Argentina, Chile, and Rest of Latin America).

By Product Type: The Americas tile grout market is bifurcated into unsanded, finely sanded, epoxy, and cementitious. In 2022, the cementitious segment dominated the Americas tile grout market, in terms of revenue. However, the epoxy segment is expected to grow with a higher CAGR during the forecast period. Moreover, cement-based grouts are known for their strength and durability. They can withstand the weight of foot traffic and resist wear and tear over time, making them suitable for both residential and commercial applications.

Americas Tile Grout Market
By Type
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The epoxy segment is projected to grow at a significant CAGR during the forecast period.

By Application: The Americas tile grout market is divided into wall tiling and floor tiling. In 2022, wall tiling dominated the Americas tile grout market, in terms of revenue, and floor tiling is expected to witness growth at a higher CAGR during the forecast period. Furthermore, wall tiles enhance visual appeal with a wide range of colors, patterns, and textures, allowing for creative and customized design. 

Americas Tile Grout Market
By Application
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The Floor tiling segment is expected to hold a majority share of the market throughout the study period

By End-user: The Americas tile grout market are divided between residential, commercial, and industrial. The residential segment accounted for a higher market share in 2022 and the commercial segment is anticipated to register a higher growth rate throughout the forecast period. Tile grout allows homeowners to customize the appearance of their tiled surfaces, whether it's a kitchen backsplash or bathroom floor, by choosing from a variety of colors and patterns.

By region: North America accounted for the highest market share in 2022 and LAMEA is expected to grow with a higher CAGR throughout the projected period. In North America, strong housing market with new construction and renovation projects drives demand for tile grout in residential applications. As the housing market flourishes, the need for tile grout in kitchens, bathrooms, and flooring increases.

Americas Tile Grout Market
By Region
2032
North America 
Latin America

North America is expected to hold a majority share of the market throughout the study period

Competition Analysis

Competitive analysis and profiles of the major players in the Americas tile grout market are provided in the report. Major companies in the report include Five Star Products, Inc., H.B. Fuller Company (The TEC brand), Sika AG, ARDEX GmbH, Laticrete International, Inc., MAPEI S.p.A., Arkema S.A. (Bostik), W.R. Meadows, Inc., CUSTOM Building Products, LLC, and CRH plc (Sakrete). 

Key Benefits for Stakeholders

  • The report provides an extensive analysis of the current and emerging Americas tile grout market trends and dynamics.  
  • In-depth Americas tile grout market analysis is conducted by conducting market estimations for key market segments between 2022 and 2032.
  • Extensive analysis of the Americas tile grout market is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The Americas tile grout market forecast analysis from 2023 to 2032 is included in the report.
  • The key players within the Americas tile grout market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the Americas tile grout industry.

Analyst Review

According to the insights of the top-level CXOs, the Americas tile grout market has witnessed significant growth in the past few years, owing to surge in construction and renovation activities of residential, commercial, and institutional buildings. Tile grout fills the gaps between tiles, providing support and stability to the tiled surface. It helps lock the tiles in place and prevents them from shifting or moving over time, which is essential for maintaining the structural integrity of floors and walls.

Furthermore, tile grout acts as a barrier that helps prevent water and moisture from seeping through the gaps between tiles. This is particularly important in areas prone to water exposure, such as bathrooms, kitchens, and swimming pools. Properly sealed grout ensures the protection of underlying substrates. Tile grout ensures that tiles are evenly spaced and aligned, creating a neat and uniform appearance. This precision in alignment is particularly important in geometric or patterned tile installations. In addition, properly installed and maintained tile grout is a durable material that can withstand the rigors of daily use. It contributes to the long-term performance and longevity of the tile installation. Moreover, rise in trend of home renovation activities in the Americas is expected to provide lucrative opportunities for the growth of the Americas tile grout market.

Author Name(s) : Saurabh Samel | Sonia Mutreja
Frequently Asked Questions?

The Americas tile grout Market was valued at $ 466.0 million in 2022 and is projected to reach $764.7 million by 2032, registering a CAGR of 4.9% from 2023 to 2032.

The base year considered in the Americas tile grout Market is 2022.

The report for Americas tile grout Market doesn’t provides Value Chain Analysis, but if there is a requirement for the same, it could be added as an additional customization.

On the basis of type, the cementitious segment is expected to be the most influencing segment in the Americas tile grout.

Based on the end user industry, in 2022, the residential segment generated the highest revenue, and is projected to grow at a CAGR of 4.8% from 2023 to 2032.

The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, and market dominance (in terms of revenue).

The market value of Americas tile grout Market is $ 496.1 million in 2023.

Latest version of global Americas tile grout Market report can be obtained on demand from the website.

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Americas Tile Grout Market

Global Opportunity Analysis and Industry Forecast, 2023-2032