What is Sanded Grout?
Sanded grout is used to joints floorings or tiles. It is best for joints that are greater than 1/8 inch because it resists cracks from shrinkage. With the use of these tiles are looking better for a longer time. It is harder to clean and to force into smaller grout lines. Sanded grout is available in different colors and cheaper rate. It does not apply to all surfaces.
The market study is broken down by Type (Finely Sanded Grout and Quarry Type Grout), by Application (Ceramic Tile, Cement Tile, Porcelain Tile and Others) and major geographies with country level break-up.
Global Sanded Grout is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sika (Switzerland), H.B. Fuller (United States), Ardex Group (Germany), Proflex Products (United States), Mapei (Italy), PROMA (Italy), Arkema (Bostik) (India), Custom Building Products (United States), PAGEL (United States) and Cemix NZ (New Zealand) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are W. R. Meadows (United States) and Flextile Ltd (Canada).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Sanded Grout market by Type, Application and Region.
On the basis of geography, the market of Sanded Grout has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-Use Verticals, the sub-segment i.e. Residential will boost the Sanded Grout market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 23rd May 2019, Sika completed the acquisition of Parex. The acquisition helps Sika to expand its product portfolio for the building finishing market and strengthening its world-leading position in construction chemicals and reaching sales.
Market Trend
- Growing Consumer Demand for the Sanded Grout to Protect Tiles
Market Drivers
- Rapid Industrialization coupled with Growing Construction Activities
- Rising Applications of Sanded Grout in Residential and Commercial Sectors
Opportunities
- Rising Government Spending on Infrastructure Activities can create Opportunities for Sanded Grout Market Growth
Restraints
- Fluctuations in Raw Material Prices
- High Transportation Cost
Key Target Audience
Sanded Grout Manufacturers, Sanded Grout Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.