Overview and Scope
Mortar mixing equipment is a machine used primarily in construction projects to blend dried mortar with water to produce fresh mortar, brick, or stone joining compound made of sand, water, cement, or lime. It is utilized in various construction operations, such as bricklaying, paving, and plastering. It is also employed in landscaping jobs to combine mulch, compost, and dirt.
Sizing and Forecast
The mortar mixing equipment market size has grown strongly in recent years. It will grow from $3.28 billion in 2023 to $3.56 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to construction industry growth, infrastructure development, urbanization trends, environmental regulation, material innovation..
The mortar mixing equipment market size is expected to see strong growth in the next few years. It will grow to $4.78 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to r&d investments, market consolidation and acquisitions, focus on safety features, rise of prefabricated construction, residential construction boom.. Major trends in the forecast period include emphasis on durability and longevity, customization for specific applications, user-friendly interfaces, advanced material compatibility, automation and robotics..
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Segmentation & Regional Insights
The mortar mixing equipment market covered in this report is segmented –
1) By Type: Twin Shaft Mixer, Diesel Mixer, Drum Rotating Mixer, Tilting Mixer, Non-Tilting Mixer
2) By Application: Tile Adhesive, Water-Proofing Slurry, Concrete, Insulation, Other Applications
3) By End Use Industry: Industrial Construction, Residential Construction, Commercial Construction
North America was the largest region in the mortar mixing equipment market in 2023. The regions covered in the mortar mixing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rising construction activity is expected to propel the growth of the mortar mixing equipment market going forward. Construction refers to constructing structures like homes, factories, highways, and bridges. Equipment for mixing mortar is used in construction to create various structures, including foundations and other commercial buildings. This mixing equipment is necessary for all construction sites and can increase productivity in the building industry. For instance, in June 2021, according to a report published by Canada’s national statistical agency, the investment in building construction increased from $14294 million in April 2019 to $19273 million in 2020. Moreover, as per the 2022 U.S. Development Cost Trends report, residential development is also on the rise, with total construction spending in the U.S. climbing by 16%. Therefore, rising construction activities are driving the growth of the mortar mixing equipment market.
Key Industry Players
Major companies operating in the mortar mixing equipment market report are Sany Heavy Industry Co. Ltd., Sika AG, Zoomlion Heavy Industry Science & Technology Co. Ltd., The Toro Co., HB Fuller, Forbo Flooring B.V., Quick Mix Beton L.L.C., Multiquip Inc., IMER Group, Dryvit Systems Inc., Bartell Machinery Limited, MBW Inc., Allen Engineering Corp., Stone Construction Equipment Inc., Arcen Tech Private Limited, Belle Group, Knauf BV, EZG Manufacturing, Crown Construction Equipment, Aimix Group Co. Ltd., Quikspray Inc., Collomix GmbH, Lino Sella, Pemat Mischtechnik GmbH, Ruby Tools Pvt. Ltd., Zimmerman Industries Inc., Qingdao Xinxing Construction Machinery Co. Ltd., Mizar Técnicas de Mezclado S.L., Qinhuangdao PUDA Electronics Co. Ltd., Zhengzhou MG Industrial Co. Ltd
The mortar mixing equipment market report table of contents includes:
1. Executive Summary
2. Mortar Mixing Equipment Market Characteristics
3. Mortar Mixing Equipment Market Trends And Strategies
4. Mortar Mixing Equipment Market – Macro Economic Scenario
5. Global Mortar Mixing Equipment Market Size and Growth
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31. Mortar Mixing Equipment Market Other Major And Innovative Companies
32. Global Mortar Mixing Equipment Market Competitive Benchmarking
33. Global Mortar Mixing Equipment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mortar Mixing Equipment Market
35. Mortar Mixing Equipment Market Future Outlook and Potential Analysis
36.Appendix
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