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According to our (Global Info Research) latest study, the global Mortar market size was valued at USD 30420 million in 2023 and is forecast to a readjusted size of USD 39460 million by 2030 with a CAGR of 3.8% during review period.
Mortar is a workable paste used to bind building blocks such as stones, bricks, and concrete masonry units together, fill and seal the irregular gaps between them, and sometimes add decorative colors or patterns in masonry walls. In its broadest sense mortar includes Wet Mixed Mortar and Dry Mortar.
Global Mortar main players are Saint-Gobain Weber, Materis, Sika, Henkel, Mapei, etc. Global top five manufacturers hold a share about 25%. Asia-Pacific is the largest market, with a share nearly 45%.
The Global Info Research report includes an overview of the development of the Mortar industry chain, the market status of Construction (Wet Mixed Mortar, Dry Mortar), Home Decoration (Wet Mixed Mortar, Dry Mortar), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Mortar.
Regionally, the report analyzes the Mortar markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Mortar market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Mortar market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Mortar industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Wet Mixed Mortar, Dry Mortar).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Mortar market.
Regional Analysis: The report involves examining the Mortar market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Mortar market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Mortar:
Company Analysis: Report covers individual Mortar manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Mortar This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction, Home Decoration).
Technology Analysis: Report covers specific technologies relevant to Mortar. It assesses the current state, advancements, and potential future developments in Mortar areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Mortar market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
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.
Market segment by Type
- Wet Mixed Mortar
- Dry Mortar
Market segment by Application
- Construction
- Home Decoration
- Others
Major players covered
- Saint-Gobain Weber (FR)
- Materis (FR)
- Sika (CH)
- Henkel (FR)
- Mapei (IT)
- Sto (DE)
- Ardex (DE)
- BASF (DE)
- Baumit (AT)
- Bostik (FR)
- Knauf (DE)
- CBP (US)
- Caparol (DE)
- Cemex (US)
- HB Fuller (US)
- Quick-mix (DE)
- Dryvit Systems (US)
- Hanil Cement (KR)
- AdePlast (IT)
- Forbo (CH)
- CPI Mortars (UK)
- Grupo Puma (ES)
- Tarmac(UK)
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Mortar product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Mortar, with price, sales, revenue and global market share of Mortar from 2019 to 2024.
Chapter 3, the Mortar competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Mortar breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Mortar market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Mortar.
Chapter 14 and 15, to describe Mortar sales channel, distributors, customers, research findings and conclusion.