Middle-East and Africa Anchors and Grouts Market Size (2024 - 2029)

The Middle-East and Africa anchors and grouts market is anticipated to experience growth, driven by increasing demand from the construction sector and expansions in petrochemical plants. Despite the negative impact of the COVID-19 pandemic, which disrupted construction activities and reduced consumption, the market has been gradually recovering. Challenges such as regulations on VOC emissions and a shortage of skilled labor pose constraints to market expansion. However, technological advancements in the construction industry present opportunities for market growth. Saudi Arabia is expected to lead the market in the region, with significant growth projected during the forecast period.

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Market Size of Middle-East and Africa Anchors and Grouts Industry

Middle East and Africa Anchors and Grouts Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.50 %
Market Concentration Low

Major Players

Middle East and Africa Anchors and Grouts Market Major Players

*Disclaimer: Major Players sorted in no particular order

MEA Anchors & Grouts Market Analysis

Middle-East and African anchors and grouts market is projected to register a CAGR of over 5.5% during the forecast period.

The COVID-19 pandemic had a negative impact on the Middle East and Africa anchors and grouts market. Construction activity in the residential and non-residential sectors was interrupted due to the lockdown, lowering the consumption of anchors and grouts within the region. Following the ongoing construction activity in the Middle East and Africa area, the market developed gradually after 2020.

  • In the short term, growing demand from the construction sector and increasing petrochemical plant expansions are expected to boost market demand.
  • Regulations for VOC emissions and the inadequacy of skilled labor remains a constraint for the growth of the market studied.
  • Growing technological innovations in the construction sector are expected to offer opportunities for the anchor and grouts market.
  • Saudi Arabia is expected to dominate the anchors and grouts market in the Middle East and Africa and is also likely to witness the highest CAGR during the forecast period.

MEA Anchors & Grouts Industry Segmentation

Anchors and grouts are mortar, cement, and resin-based compounds used in conjunction with anchoring methods to fill stress spaces and install permanent anchors and fixes. Middle East and Africa 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 Middle East and Africa region. For each segment, the market sizing and forecasts have been done based on revenue (USD million).

Type
Cementitious Fixing
Resin Fixing
Bedding Mortars
Others
End-user Industry
Residential
Non-residential
Infrastructure
Geography
Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle-East and Africa
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Middle-East and Africa Anchors and Grouts Market Size Summary

The Middle-East and Africa anchors and grouts market is poised for significant growth, driven by the resurgence of construction activities post-COVID-19 disruptions. The market is experiencing a gradual recovery, with increasing demand from the construction sector and expansions in petrochemical plants contributing to its upward trajectory. However, challenges such as stringent VOC emission regulations and a shortage of skilled labor pose constraints to market growth. Technological advancements in the construction industry present new opportunities for market expansion. Saudi Arabia is expected to lead the market, benefiting from substantial government initiatives like Vision 2030, which aims to transform the country's infrastructure and commercial landscape.

Anchors and grouts play a crucial role in both residential and non-residential construction, used for sealing, masonry, flooring, and structural reinforcement. The market in the Middle-East and Africa is characterized by a fragmented landscape with key players such as MAPEI SpA, Sika AG, and Saint-Gobain Weber. Saudi Arabia's dominance in the market is supported by its robust construction sector, with significant projects like the Neom super-city and Qiddiya entertainment complex driving demand. The United Arab Emirates and South Africa also contribute to regional demand, with various government-led initiatives and large-scale projects further bolstering the market for anchors and grouts.

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Middle-East and Africa 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 the 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 ValueChain 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 (Market Size in Value)

    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 Others

    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 Saudi Arabia

      2. 2.3.2 United Arab Emirates

      3. 2.3.3 South Africa

      4. 2.3.4 Rest of Middle-East and Africa

Middle-East and Africa Anchors and Grouts Market Size FAQs

The Middle-East and Africa Anchors and Grouts Market is projected to register a CAGR of greater than 5.5% during the forecast period (2024-2029)

MAPEI SpA , Sika AG , Saint-Gobain Weber, MBCC Group and Saudi Vetonit Co. Ltd. are the major companies operating in the Middle-East and Africa Anchors and Grouts Market.

Middle-East and Africa Anchors and Grouts Report Snapshots

Middle-East and Africa Anchors and Grouts Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)