Key Insights
The India Anchors and Grouts market is experiencing robust expansion, propelled by the burgeoning construction sector and significant infrastructure development initiatives nationwide. This growth trajectory is underpinned by increasing urbanization, rising disposable incomes, and a flourishing real estate sector. The market is projected to reach a size of 85 million units by 2033, exhibiting a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2025-2033), with 2025 serving as the base year.
India Anchors and Grouts Market Market Size (In Million)
Sustained growth in the India Anchors and Grouts market is anticipated, driven by ongoing government investments in infrastructure, particularly in smart city and transportation network projects. The rising adoption of advanced construction techniques, including prefabricated methods, and a growing demand for sustainable, eco-friendly materials will significantly shape market dynamics. Competitive strategies will likely focus on product innovation, quality enhancement, and competitive pricing, potentially leading to market consolidation through acquisitions and strategic partnerships.
India Anchors and Grouts Market Company Market Share
This report offers a comprehensive analysis of the India Anchors and Grouts market, detailing market dynamics, growth trends, regional segmentation, product landscape, key players, and future outlook for the period 2019-2033. Key segments include end-use sectors (Commercial, Industrial & Institutional, Infrastructure, Residential) and sub-products (Cementitious Fixing, Resin Fixing, Polyurethane (PU) Grout, Other Types). The market size was estimated at approximately 85 million units in the base year 2025. This analysis provides critical insights for industry stakeholders seeking to leverage opportunities within this dynamic market.
India Anchors and Grouts Market Dynamics & Structure
The Indian anchors and grouts market is characterized by a moderately concentrated structure, with key players like Saint-Gobain, MBCC Group, and Sika holding significant market share. Technological innovations, primarily in material science and application techniques, are driving market growth. Stringent regulatory frameworks related to construction safety and environmental standards influence product development and adoption. Competitive substitutes, such as traditional fastening methods, pose a challenge, but the superior performance and versatility of anchors and grouts are steadily expanding market penetration. The market's demographics are influenced by the burgeoning construction sector, particularly in infrastructure and residential development. Recent mergers and acquisitions (M&A) activities, such as Sika's acquisition of MBCC Group in 2023, are reshaping the competitive landscape and driving consolidation.
- Market Concentration: Moderately concentrated, with top players holding approximately xx% market share in 2024.
- Technological Innovation: Focus on high-strength, lightweight, and environmentally friendly materials.
- Regulatory Framework: Compliance with BIS standards and environmental regulations are crucial.
- Competitive Substitutes: Traditional fastening methods, but anchors and grouts offer superior performance.
- End-User Demographics: Driven by growth in infrastructure, residential, and commercial construction.
- M&A Trends: Increasing consolidation through acquisitions and strategic partnerships. Total M&A deal volume in 2022-2024 estimated at xx deals.
India Anchors and Grouts Market Growth Trends & Insights
The Indian anchors and grouts market witnessed robust growth during the historical period (2019-2024), driven by significant investments in infrastructure development, a booming real estate sector, and increasing industrial activity. The market is projected to maintain a healthy Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). This growth is fueled by rising urbanization, government initiatives promoting infrastructure development (e.g., Smart Cities Mission), and the growing adoption of advanced construction techniques. Technological disruptions, such as the introduction of innovative materials and automated application methods, are further accelerating market expansion. Changing consumer preferences towards high-performance, durable, and sustainable products are also impacting market dynamics. Market penetration of anchors and grouts in the construction industry continues to increase, particularly in specialized applications.
- Market Size Evolution: From xx Million units in 2019 to xx Million units in 2024, projected to reach xx Million units by 2033.
- CAGR: Projected at xx% during 2025-2033.
- Market Penetration: Increasing adoption in various construction applications, particularly in infrastructure projects.
Dominant Regions, Countries, or Segments in India Anchors and Grouts Market
The Infrastructure segment is the largest end-use sector for anchors and grouts in India, driven by massive investments in road construction, railway projects, and other large-scale infrastructure developments. The Residential sector also exhibits significant growth potential due to the rapid urbanization and increasing demand for housing. Among sub-products, cementitious fixing dominates the market, due to its cost-effectiveness and suitability for a wide range of applications. However, resin fixing and polyurethane (PU) grout are witnessing increasing adoption in specialized applications that demand higher strength and durability. Specific states such as Maharashtra, Gujarat, and Tamil Nadu are leading the regional market, reflecting their robust construction activities and industrial development.
- Leading End-Use Sector: Infrastructure, driven by government spending on projects.
- High-Growth Sub-Product: Resin fixing and polyurethane (PU) grout are witnessing increasing adoption.
- Dominant Regions: Maharashtra, Gujarat, and Tamil Nadu lead regional growth.
- Key Drivers: Government infrastructure initiatives, increasing urbanization, and industrial growth.
India Anchors and Grouts Market Product Landscape
The Indian anchors and grouts market features a diverse product landscape, with innovations focused on improving material strength, durability, and ease of application. Products are tailored to specific applications, ranging from heavy-duty anchoring systems for infrastructure projects to specialized grouts for sensitive environments. Cementitious anchors offer cost-effectiveness, while resin-based solutions provide superior strength and chemical resistance. Polyurethane grouts excel in applications requiring high flowability and vibration damping. Key performance indicators include load-bearing capacity, setting time, and bond strength, all of which are continuously being improved through material science advancements.
Key Drivers, Barriers & Challenges in India Anchors and Grouts Market
Key Drivers:
- Increasing infrastructure spending by the government.
- Robust growth in the residential and commercial construction sectors.
- Rising demand for high-performance, durable construction materials.
- Technological advancements leading to improved product features and efficiency.
Key Challenges:
- Fluctuations in raw material prices (cement, resins, etc.) impacting production costs.
- Competition from traditional fastening methods and cheaper alternatives.
- Stringent regulatory compliance requirements can pose barriers for smaller players.
- Supply chain disruptions and logistical challenges in delivering materials to construction sites.
Emerging Opportunities in India Anchors and Grouts Market
- Expanding into niche applications, such as renewable energy projects (wind turbines, solar farms).
- Development of eco-friendly and sustainable products with reduced carbon footprint.
- Increasing adoption of digital technologies for improved project management and supply chain optimization.
- Penetration into underserved regional markets with increasing construction activity.
Growth Accelerators in the India Anchors and Grouts Market Industry
Long-term growth in the Indian anchors and grouts market will be driven by strategic investments in research and development to create innovative, high-performance products. Strategic partnerships with construction companies and contractors will further enhance market penetration. Expansion into new geographical regions and diversification into specialized applications will unlock significant growth opportunities.
Key Players Shaping the India Anchors and Grouts Market Market
- Saint-Gobain
- MBCC Group
- LATICRETE International Inc
- Thermax Limited
- Fosroc Inc
- Don Construction Products Ltd
- Ardex Group
- Cera-Chem Pvt Ltd
- MAPEI S p A
- Sika AG
Notable Milestones in India Anchors and Grouts Market Sector
- September 2022: Saint-Gobain acquired GCP Applied Technologies Inc., strengthening its market position.
- February 2023: Master Builders Solutions (MBCC Group) opened a new offshore grout production plant in Taiwan.
- May 2023: Sika acquired MBCC Group, significantly altering the market landscape.
In-Depth India Anchors and Grouts Market Market Outlook
The future of the Indian anchors and grouts market is promising, driven by sustained growth in the construction sector, technological innovations, and favorable government policies. Strategic partnerships, investments in research and development, and expansion into emerging market segments will be key factors in shaping the market's trajectory. The market is poised for significant expansion, presenting lucrative opportunities for existing and new players alike.
India Anchors and Grouts Market Segmentation
-
1. End Use Sector
- 1.1. Commercial
- 1.2. Industrial and Institutional
- 1.3. Infrastructure
- 1.4. Residential
-
2. Sub Product
- 2.1. Cementitious Fixing
-
2.2. Resin Fixing
-
2.2.1. By Technology
- 2.2.1.1. Epoxy Grout
- 2.2.1.2. Polyurethane (PU) Grout
-
2.2.1. By Technology
- 2.3. Other Types
India Anchors and Grouts Market Segmentation By Geography
- 1. India
India Anchors and Grouts Market Regional Market Share
Geographic Coverage of India Anchors and Grouts Market
India Anchors and Grouts Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 6.2% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; Banning/ Limiting Use of Plastics used in packaging applications
- 3.3. Market Restrains
- 3.3.1. ; Harmful Amines in Dyes; Paperless Green Initiatives
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. India Anchors and Grouts Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by End Use Sector
- 5.1.1. Commercial
- 5.1.2. Industrial and Institutional
- 5.1.3. Infrastructure
- 5.1.4. Residential
- 5.2. Market Analysis, Insights and Forecast - by Sub Product
- 5.2.1. Cementitious Fixing
- 5.2.2. Resin Fixing
- 5.2.2.1. By Technology
- 5.2.2.1.1. Epoxy Grout
- 5.2.2.1.2. Polyurethane (PU) Grout
- 5.2.2.1. By Technology
- 5.2.3. Other Types
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. India
- 5.1. Market Analysis, Insights and Forecast - by End Use Sector
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2025
- 6.2. Company Profiles
- 6.2.1 Saint-Gobain
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 MBCC Group
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 LATICRETE International Inc
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Thermax Limite
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Fosroc Inc
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Don Construction Products Ltd
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Ardex Group
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Cera-Chem Pvt Ltd
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 MAPEI S p A
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Sika AG
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Saint-Gobain
List of Figures
- Figure 1: India Anchors and Grouts Market Revenue Breakdown (million, %) by Product 2025 & 2033
- Figure 2: India Anchors and Grouts Market Share (%) by Company 2025
List of Tables
- Table 1: India Anchors and Grouts Market Revenue million Forecast, by End Use Sector 2020 & 2033
- Table 2: India Anchors and Grouts Market Volume K Tons Forecast, by End Use Sector 2020 & 2033
- Table 3: India Anchors and Grouts Market Revenue million Forecast, by Sub Product 2020 & 2033
- Table 4: India Anchors and Grouts Market Volume K Tons Forecast, by Sub Product 2020 & 2033
- Table 5: India Anchors and Grouts Market Revenue million Forecast, by Region 2020 & 2033
- Table 6: India Anchors and Grouts Market Volume K Tons Forecast, by Region 2020 & 2033
- Table 7: India Anchors and Grouts Market Revenue million Forecast, by End Use Sector 2020 & 2033
- Table 8: India Anchors and Grouts Market Volume K Tons Forecast, by End Use Sector 2020 & 2033
- Table 9: India Anchors and Grouts Market Revenue million Forecast, by Sub Product 2020 & 2033
- Table 10: India Anchors and Grouts Market Volume K Tons Forecast, by Sub Product 2020 & 2033
- Table 11: India Anchors and Grouts Market Revenue million Forecast, by Country 2020 & 2033
- Table 12: India Anchors and Grouts Market Volume K Tons Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the India Anchors and Grouts Market?
The projected CAGR is approximately 6.2%.
2. Which companies are prominent players in the India Anchors and Grouts Market?
Key companies in the market include Saint-Gobain, MBCC Group, LATICRETE International Inc, Thermax Limite, Fosroc Inc, Don Construction Products Ltd, Ardex Group, Cera-Chem Pvt Ltd, MAPEI S p A, Sika AG.
3. What are the main segments of the India Anchors and Grouts Market?
The market segments include End Use Sector, Sub Product.
4. Can you provide details about the market size?
The market size is estimated to be USD 85 million as of 2022.
5. What are some drivers contributing to market growth?
; Banning/ Limiting Use of Plastics used in packaging applications.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
; Harmful Amines in Dyes; Paperless Green Initiatives.
8. Can you provide examples of recent developments in the market?
May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.February 2023: Master Builders Solutions, an MBCC Group brand, inaugurated a new offshore grout production plant in Taichung, Taiwan, in order to meet the ongoing demand of the offshore wind turbine market.September 2022: Saint-Gobain acquired GCP Applied Technologies Inc. to strengthen its market presence through a global platform with extensive expertise in cement additives, concrete admixtures, infrastructure, and commercial and residential building materials.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in million and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "India Anchors and Grouts Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the India Anchors and Grouts Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
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Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence