A11947 | Pages: NA | May 2022 | 836 Views | | |
Author(s) : Eswara Prasad | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
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Epoxy grout is a type of grout (dense fluid) that consists of two components i.e., epoxy resin and epoxy hardener. Epoxy grout is similar to cement grout and made when epoxy resins are mixed with filler powder. This grouting technique is preferred due to its durability, non-porous and stain-resistance nature. Epoxy grout is used to fill cracks on any surface or joints between tiles. Epoxy grout is exceptionally strong, stain-resistant, easy to handle, ideal for the warehouse, offers a good appearance, and has durable quality, with less maintenance. Aforementioned properties make epoxy grout a profoundly favored item over others. Epoxy grout are mainly utilized in the construction and buildings, industrial processes, and to protect the equipment. Epoxy grout is also available with all varieties of color, also used in color uniformity. Epoxy grout is efficient and robust that does not crack, shrink, or discolor. It is less reactive to a harsh chemical found in cleaning products making it ideal for applying in wet areas.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years | 2019–2028 |
Base Year Considered | 2020 |
Forecast Period | 2021–2028 |
Forecast Unit | Value (USD) |
Segments Covered | Type, Application, and Region |
Regions Covered | North America, Europe, Asia-Pacific, LAMEA |
Companies Covered | Mapei, Sika, Laticrete, ITW Engineered Polymers, GCP Applied Technologies, Five Star Products, Master Builders Solutions, Euclid Chemical, NanjingDuolongBio-tech, Bostik |
COVID-19 Impact analysis
Top Impacting Factors
Increasing population and rapid urbanization are driving the construction industry. This factor is expected to drive the growth of the global epoxy growth market during the forecast period. In addition, an increase in demand for durable, hygienic, and bacteria & chemical resistance grout products in various industries are also driving the global epoxy grout market. The advancement of technologies and constant product development lead to eco-friendly and high-quality products. However, fluctuating price of raw material is the restraining factor. Again, this process takes a long application time, high labor cost, allergic reaction during the application, and unavailability of inventory are some of the major concerns. These factors are anticipated to hamper the global epoxy grout market growth during the forecast period.
Market Trends
Key Segments Covered
Type
Application
Region
Key Benefits of the Report
Questions answered in the epoxy grout market report
Key Market Segments
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