Forecast of Global Grouting Material Market 2023

Global Grouting Material market will register a 4.6% CAGR in terms of revenue, reach US$ 7390 million by 2023, from US$ 5660 million in 2017. Grouting material is a flowable plastic material and should have negligible shrinkage to fill the gap or voids completely and should remain stable without cracking, de-lamination or crumbling. Injection grouting is a process of filling the cracks, voids or honeycombs under pressure in concrete or masonry structural members for repairing of cracks, strengthening of damaged concrete or masonry structural members.