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According to our LPI (LP Information) latest study, the global Dry Mortar market size was valued at US$ 26980 million in 2023. With growing demand in downstream market, the Dry Mortar is forecast to a readjusted size of US$ 34370 million by 2030 with a CAGR of 3.5% during review period.
The research report highlights the growth potential of the global Dry Mortar market. Dry Mortar are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Dry Mortar. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Dry Mortar market.
Dry mortar is dry powder or granular material made by mixing dried screening process of fine aggregate, cementitious materials, additives, fillers, etc. Most of the dry mortar products contain both mineral cementitious binder (e.g. OPC) and polymer binder (e.g. re-dispersible powder) and they are normally packed in bags after mixing in the factory.
Dry mortars offer three main advantages: firstly, they reduce quality problems caused by improper mixing conditions on small job-sites; secondly, they allow building much faster with ready-to-use, high performance products; thirdly, the save on labor costs.
Dry mortar is a low concentration ratio industry. There are thousands of manufacturers in this industry. In the industry, Sika (CH) profits most , while Saint-Gobain Weber (FR) and Henkel (FR) ranked 2 and 3.The market share of them are about 10%, 6% and 3%.In terms of product, bricklaying/ masonry mortar is the largest segment, with a share over 30%. And in terms of application, the largest application is construction industry, followed by home decoration industry.
Key Features:
The report on Dry Mortar market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Dry Mortar market. It may include historical data, market Segmentation by Type (e.g., Bricklaying/ Masonry Mortar, Floor Screed), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Dry Mortar market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Dry Mortar market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Dry Mortar industry. This include advancements in Dry Mortar technology, Dry Mortar new entrants, Dry Mortar new investment, and other innovations that are shaping the future of Dry Mortar.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Dry Mortar market. It includes factors influencing customer ' purchasing decisions, preferences for Dry Mortar product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Dry Mortar market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Dry Mortar market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Dry Mortar market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Dry Mortar industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Dry Mortar market.
Market Segmentation:
Dry Mortar market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Bricklaying/ Masonry Mortar
- Floor Screed
- Tile Adhesives/Grouts
- Wall Renders and Plasters
- EIFS Products
- Other
Segmentation by application
- Construction Industry
- Home Decoration Industry
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Sika
- Saint-Gobain Weber
- Henkel
- Mapei
- BASF
- Cemex
- Knauf
- Ardex
- Bostik
- CBP
- Caparol
- Hanil Cement
- Sto
- Baumit
- Quick-mix
- HB Fuller
- Forbo
- CPI Mortars
- Grupo Puma
- Tarmac
Key Questions Addressed in this Report
What is the 10-year outlook for the global Dry Mortar market?
What factors are driving Dry Mortar market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Dry Mortar market opportunities vary by end market size?
How does Dry Mortar break out type, application?