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South America Anchors and Grouts Market Size (2024 - 2029)

The South American anchors and grouts market is anticipated to experience growth, driven by increasing construction activities and rising demand from the construction industry. The market's expansion is supported by opportunities arising from high pressure on existing infrastructure due to population growth. However, challenges such as regulations on VOC emissions and a shortage of skilled labor may hinder market development. Brazil is expected to lead the market in the region, with significant growth projected during the forecast period.

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Market Size of South America Anchors and Grouts Industry

South America Anchors and Grouts Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 5.00 %
Market Concentration High

Major Players

South America Anchors and Grouts Market Major Players

*Disclaimer: Major Players sorted in no particular order

South America Anchors & Grouts Market Analysis

The South American 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 South America. During the pandemic, construction operations in the residential and non-residential segments were temporarily halted, reducing the region's consumption of anchors and grouts. After 2020, the market grew steadily owing to the growing construction activities within the region.

  • In the short term, the growing demand for anchors and grouts from the construction industry will benefit the market demand.
  • High pressure on existing infrastructure due to the rising population is another blooming opportunity for the anchor and grouts market.
  • Regulations for VOC emissions and the inadequacy of skilled labor remains a constraint for the growth of the market studied.
  • Brazil is expected to dominate the anchors and grouts market in South America and is also likely to witness the highest CAGR during the forecast period.

South America 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 install permanent anchors and fixes. The South American 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 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 3 countries across the South American 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
Argentina
Brazil
Chile
Rest of South America
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South America Anchors and Grouts Market Size Summary

The South American anchors and grouts market is experiencing a positive trajectory, driven by the resurgence of construction activities post-pandemic. The market, which faced setbacks during the COVID-19 pandemic due to halted construction operations, is now benefiting from increased demand in both residential and non-residential sectors. The rising population and subsequent pressure on existing infrastructure present significant opportunities for market growth. However, challenges such as stringent VOC emission regulations and a shortage of skilled labor continue to pose constraints. Brazil is anticipated to lead the market, with substantial contributions from Argentina and Chile, as these countries ramp up their commercial and industrial construction projects.

The market landscape is characterized by a fragmented structure with key players like MAPEI SpA, Sika AG, Bostik, BASF SE, and MBCC Group actively participating. Brazil's dominance is reinforced by its substantial market share in sealing, masonry, and flooring applications, crucial for both residential and non-residential construction projects. The Brazilian government's initiatives to boost private investments in infrastructure, alongside significant projects like the Metro Line 6 in S√£o Paulo, are expected to further stimulate market demand. Additionally, strategic expansions and joint ventures, such as Sika's new manufacturing plant in Bolivia and the collaboration between Saint-Gobain and Cementos Argos in Colombia, are enhancing the regional presence and offering of anchors and grouts solutions.

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South America Anchors and Grouts Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Demand for Anchors and Grouts from the Construction Industry

      2. 1.1.2 High Pressure on Existing Infrastructure due to Rising Population

    2. 1.2 Restraints

      1. 1.2.1 Regulations for VOC Emissions and Inadequacy of Skilled Labor

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Cementitious Fixing

      2. 2.1.2 Resin Fixing

      3. 2.1.3 Bedding Mortars

      4. 2.1.4 Other Types

    2. 2.2 End-user Industry

      1. 2.2.1 Residential

      2. 2.2.2 Non-residential

      3. 2.2.3 Infrastructure

    3. 2.3 Geography

      1. 2.3.1 Argentina

      2. 2.3.2 Brazil

      3. 2.3.3 Chile

      4. 2.3.4 Rest of South America

South America Anchors and Grouts Market Size FAQs

The South America Anchors and Grouts Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

MAPEI SpA , Sika AG , Bostik, BASF SE and MBCC Group are the major companies operating in the South America Anchors and Grouts Market.

South America Anchors and Grouts Report Snapshots

South America Anchors and Grouts Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)