The global Dry Mix Mortar market is projected to grow from USD 58.55 billion in 2023 to USD 82.39 billion by 2030, registering a steady CAGR of 5% during the forecast period (2024–2030).
Dry Mix Mortar Market Overview
Dry Mix Mortar is revolutionizing the construction industry with its ability to enhance efficiency, thermal insulation, and aesthetic finish. The market is segmented across industry verticals, applications, admixtures, and regions, catering to diverse construction needs globally.
Dry Mix Mortar Market Scope
The report offers detailed insights into the Dry Mix Mortar market, categorized by:
- Industry Verticals: Residential Construction, Industrial Construction, Commercial Construction, Institutional Construction, and Municipal Construction.
- Applications: Plaster, Render, Grout, Waterproofing, Tile Adhesive, and Others.
- Admixtures: Methyl Hydroxyethyl Cellulose (MHEC), Methyl Hydroxypropyl Cellulose (MHPC), Re-Dispersible Polymer Powder, and Others.
- Regions: North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
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Market Drivers
The growth of the Dry Mix Mortar market is attributed to several key factors:
- Increasing demand for high-performance construction materials.
- Rising adoption in residential, commercial, and institutional projects, especially in developed regions.
- Technical advantages such as consistency in quality, ease of application, and enhanced adhesive properties.
- Growing focus on sustainable and green building materials, aligned with environmental regulations.
Market Trends
- Expanding application as tile adhesives and renders, driven by their crack-resistant and high workability properties.
- Increasing adoption of silo-based systems for efficient mortar application in construction sites.
- The rising trend of urbanization and infrastructural development in emerging economies.
- Innovations in admixtures to enhance mortar performance and durability.
Dry Mix Mortar Market Segmentation
By Industry Verticals
Residential Construction
Industrial Construction
Commercial Construction
By Application
Plaster
Render
Grout
By Admixtures
Methyl Hydroxyethyl Cellulose (MHEC)
Methyl hydroxypropyl Cellulose (MHPC)
Methyl Cellulose
Re-Dispersible Polymer Powder
Others
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Dry Mix Mortar Market Key Players
- Cemex (Mexico)
- Sika AG (Switzerland)
- Lafarge (France)
- DowDuPont (US)
- Ardex Group (Germany)
- UltraTech (India)
- Saint-Gobain Webe (France)
- 3M (US)
- Conmix (UAE)
- Holcim Group (Switzerland)
- Laticrete International Inc (US)
- MAPEI SpA (Italy)
Regional Analysis
- Asia-Pacific: Dominates the market with large-scale residential and commercial projects. Key initiatives such as India’s PMAY scheme and airport infrastructure projects are boosting demand.
- North America: Witnesses steady growth due to rising e-commerce-related warehousing and commercial construction activities.
- Europe: Focuses on eco-friendly construction practices, driving demand for sustainable mortars.
Key Questions Answered
- What is the projected market size of the Dry Mix Mortar market by 2030?
- What are the major drivers influencing the market growth?
- Which regions are expected to dominate the market?
- What are the latest trends shaping the Dry Mix Mortar industry?
- Who are the key players, and what are their competitive strategies?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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