Market Size of Europe Anchors and Grouts Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Anchors & Grouts Market Analysis
The Europe anchors and grouts market is projected to register a CAGR of over 5% during the forecast period.
The COVID-19 pandemic negatively impacted the anchors and grouts market in Europe. During COVID-19, construction operations in the residential and non-residential segments were halted, reducing the region's consumption of anchors and grouts. After 2020, the market grew steadily after the continuous construction activity in the European region.
- In the short term, the growing demand for anchors and grouts from the construction industry forecasts market demand.
- High pressure on existing infrastructure due to rising population is another blooming opportunity for the anchor and grouts market.
- Regulations for VOC emissions and the inadequacy of skilled labour remains a constraint for the growth of the market studied.
- Germany is expected to dominate the anchors and grouts market in Europe and will also likely witness the highest CAGR during the forecast period.
Europe Anchors & Grouts Industry Segmentation
Anchors and grouts are mortar, cement, and resin-based compounds used in conjunction with anchoring processes to fill voids under stress and to install permanent anchors and fixes. The Europe anchors and grouts market is segmented by type, end-user industry, and geography. By type, the market is segmented into cementitious fixing, resin fixing, bedding mortars, and other product types. By end-user industry, the market is segmented into residential, non-residential, and infrastructure. The report also covers the market size and forecasts for the anchors and grouts market in four countries across the European region. For each segment, the market sizing and forecasts have been done based on revenue (USD million).
| Type | |
| Cementitious Fixing | |
| Resin Fixing | |
| Bedding Mortars | |
| Other Types |
| End-user Industry | |
| Residential | |
| Non-residential | |
| Infrastructure |
| Geography | |
| Germany | |
| United Kingdom | |
| Italy | |
| France | |
| Rest of Europe |
Europe Anchors and Grouts Market Size Summary
The Europe anchors and grouts market is experiencing a steady recovery and growth trajectory following the disruptions caused by the COVID-19 pandemic, which had significantly impacted construction activities across the region. The market is driven by increasing demand from the construction industry, particularly in non-residential sectors such as commercial, industrial, and institutional projects. The rising pressure on existing infrastructure due to population growth presents further opportunities for market expansion. However, challenges such as stringent VOC emission regulations and a shortage of skilled labor continue to pose constraints. Germany is anticipated to lead the market, benefiting from its robust construction sector and significant economic contribution.
The market landscape in Europe is characterized by a fragmented structure with key players like MAPEI SpA, Sika AG, Bostik, Fosroc Inc, and Selena FM actively participating. These companies are engaging in strategic acquisitions to enhance their market positions and expand their geographic reach. For instance, MAPEI's acquisition of Resipoly Chrysor and Sika's acquisition of MBCC Group are notable moves aimed at strengthening their foothold in the construction chemicals sector. The ongoing development in commercial and industrial construction, alongside government and institutional projects, underscores the region's substantial demand for anchors and grouts, with Germany maintaining a dominant position in both residential and non-residential construction activities.
Europe Anchors and Grouts Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Demand for Anchors and Grouts from the Construction Industry
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1.1.2 High Pressure on Existing Infrastructure Due to Rising Population
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1.2 Restraints
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1.2.1 Regulations for VOC Emissions and Inadequacy of Skilled Labor
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1.2.2 Other Restraints
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Cementitious Fixing
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2.1.2 Resin Fixing
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2.1.3 Bedding Mortars
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2.1.4 Other Types
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2.2 End-user Industry
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2.2.1 Residential
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2.2.2 Non-residential
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2.2.3 Infrastructure
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2.3 Geography
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2.3.1 Germany
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2.3.2 United Kingdom
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2.3.3 Italy
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2.3.4 France
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2.3.5 Rest of Europe
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Europe Anchors and Grouts Market Size FAQs
What is the current Europe Anchors and Grouts Market size?
The Europe Anchors and Grouts Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Europe Anchors and Grouts Market?
MAPEI SpA , Sika AG , Fosroc Inc , Selena FM and Bostik (Arkema Group) are the major companies operating in the Europe Anchors and Grouts Market.
