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Dry Mix Mortar Market Size By Application (Plaster, Render, Grout, Waterproofing, Tile Adhesives) By End-user (Residential, Non-Residential), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027

Published on: 2024-07-08 | No of Pages : 240 | Industry : Construction

Publisher : MRA | Format : PDF&Excel

Dry Mix Mortar Market Size By Application (Plaster, Render, Grout, Waterproofing, Tile Adhesives) By End-user (Residential, Non-Residential), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027

Dry Mix Mortar Market Size By Application (Plaster, Render, Grout, Waterproofing, Tile Adhesives) By End-user (Residential, Non-Residential), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027

Dry Mix Mortar Market Size

Dry Mix Mortar Market size valued at around USD 34.45 billion in 2020 and will exhibit a growth rate of over 5.5% CAGR from 2021 to 2027. Increasing government initiatives for infrastructural development in developing economies, such as India, China, and Indonesia, are projected to boost the consumption of dry mix mortar.

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Cost-effectiveness and ease to use will influence the dry mix mortar demand. Growing population and increasing disposable income will drive the construction industry.

Dry Mix Mortar Market Report Attributes
Report Attribute Details
Base Year 2020
Dry Mix Mortar Market Size in 2020 34.45 Billion (USD)
Forecast Period 2021 to 2027
Forecast Period 2021 to 2027 CAGR 5.5%
2027 Value Projection 49.73 Billion (USD)
Historical Data for 2017 to 2020
No. of Pages 165
Tables, Charts & Figures 147
Segments covered Application, End-User and Region
Growth Drivers
  • Strong growth in the infrastructural industry
  • Rising consumption of dry mix mortar in the Asia Pacific
Pitfalls & Challenges
  • Lack of appropriate norms and standards for dry mortar technology

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The rising usage of dry mix mortar in commercial and institutional sectors, especially in developed regions including Europe and North America, is further expected to spur the overall industry. Rapid growth in commercial construction activities mainly in the U.S., Italy, and Russia has further propelled the consumption of building materials, thereby boosting the dry mix mortar market growth. The rising application of dry mix mortar as tile adhesives and renders is likely to propel the dry mix mortar demand. This mortar includes special additives that help to reduce the risk of cracks and improve the workability of renders and the bonding capacity to the background.

Dry Mix Mortar Market Analysis

The render segment held the largest market share of around 41% in 2020 and is anticipated to grow at around 5.5% CAGR through 2027. Almost every construction includes rendering to achieve deliberately smooth and textured surfaces, increasing the usage of dry mix mortar for rendering. The render is sucked from the silo through a hose and poured onto the walls with specialized equipment designed for the job. Furthermore, the tile adhesives segment is estimated to observe the highest CAGR of more than 5.9% during the forecast period. Dry mix mortar offers superior properties such as open time, slip resistance, workability, and excellent adhesion; thus, the surging new construction activities are enhancing the consumption of dry mix mortar as tile adhesives.

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The non-residential segment dominated the dry mix mortar market and is forecast to achieve a 5.5% CAGR from 2021 - 2027. Rising adoption of the product in various commercial and industrial sectors especially in developing countries is poised to fuel the segment demand. With growing urbanization, commercial construction is increasing rapidly in many emerging nations, which is one of the key factors influencing industry outlook.

The residential segment is set to account for around 33% market share in 2027, in terms of revenue. The residential construction activities in countries, such as India and China, are likely to propel product demand. For instance, the construction industry in India is predicted to report revenue of over USD 1 trillion by 2030, which will further provide new opportunities for dry mix mortar in the residential segment.

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Asia Pacific dominated the global dry mix mortar market on account of the surging commercial and infrastructural constructions, especially in the emerging economies such as China, India, Japan, Indonesia, and South Korea. Additionally, the growing population in India and China is largely contributing to an increase in residential construction, which will spur the overall consumption of dry mix mortar. In India, NMIA is one of the world's largest greenfield airport projects, with a capacity of 60 million passengers per year by 2030. It is projected to handle 10 million passengers in its first year of service. When completed, NAMI will span 11.6 square kilometers, with two parallel runways and a terminal building in the center.

North America is expected to witness considerable growth owing to the growing construction activities in the region. The rapid surge in institutional and commercial construction in the U.S. is driving the regional market.

Dry Mix Mortar Market Share

Global dry mix mortar market players majorly focus on expanding their product range to enhance their manufacturing capacities. Companies are expanding their manufacturing capacities and regional presence in emerging economies. Some of the key manufacturers include

  • The Ramco Cements Ltd
  • Parex Group
  • Sika AG
  • Colmef Monelli
  • Mapei SpA
  • Samex SAB de CV
  • RCMPL
  • DowDuPont
  • Saint-Gobain Weber
  • LafargeHolcim
  • CEMEX
  • Wacker Chemie AG
  • Saudi Readymix
  • WUENSCH PLASTER
  • Ardex Group
  • UltraTech Cement Ltd

This market research report on dry mix mortar includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD billion from 2017 to 2027 for the following segments

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Market, By Application

  • Plaster
  • Render
  • Grout
  • Waterproofing
  • Tile Adhesives
  • Others

Market, By End-user

  • Residential
  • Non-residential

Market, By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Indonesia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

 

 

Table of Content

Report Content

Chapter 1   Methodology and Scope

1.1    Market definition

1.2    Base estimates & working

1.2.1    North America

1.2.2    Europe

1.2.3    Asia Pacific

1.2.4    Latin America

1.2.5    Middle East & Africa

1.3    Forecast calculations

1.3.1    COVID-19 impact calculations on industry forecast

1.4    Data Sources

1.4.1    Secondary

1.4.1.1    Paid

1.4.1.2    Unpaid

1.4.2    Primary

Chapter 2   Executive Summary

2.1    Dry mix mortar industry 3600 synopsis, 2017 - 2027

2.1.1    Business trends

2.1.2    Application trends

2.1.3    End-User trends

2.1.4    Regional trends

Chapter 3   Dry Mix Mortar Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2017 - 2027

3.3    COVID 19 impact on industry landscape

3.4    Industry ecosystem analysis

3.4.1    Distribution channel analysis

3.4.2    Value chain disruption analysis (COVID 19 impact)

3.4.3    Vendor matrix

3.5    Technology landscape

3.6    Pricing trends

3.6.1    North America

3.6.2    Europe

3.6.3    Asia Pacific

3.6.4    Latin America

3.6.5    MEA

3.7    Cost structure analysis

3.8    Regulatory landscape

3.8.1    U.S.

3.8.2    Europe

3.8.3    China

3.9    Industry impact forces

3.9.1    Growth driver

3.9.1.1    Strong growth in the infrastructural industry

3.9.1.2    Rising consumption of dry mix mortar in the Asia Pacific

3.9.2    Industry pitfalls & challenges

3.9.2.1    Lack of appropriate norms and standards for dry mortar technology

3.10    Innovation & sustainability

3.11    Growth potential analysis, 2020

3.12    Porter's analysis

3.12.1    Supplier power

3.12.2    Buyer power

3.12.3    Threat of new entrants

3.12.4    Industry rivalry

3.12.5    Threat of substitutes

3.13    Company market share analysis, 2020

3.13.1    Top players analysis

3.13.2    Strategy dashboard

3.14    PESTEL analysis

Chapter 4   Dry Mix Mortar Market, By Application

4.1    Global dry mix mortar market share, by application, 2020 & 2027

4.2    Plaster

4.2.1    Market estimates and forecast, 2017 - 2027

4.2.2    Market estimates and forecast, by region, 2017 - 2027

4.3    Render

4.3.1    Market estimates and forecast, 2017 - 2027

4.3.2    Market estimates and forecast, by region, 2017 – 2027

4.4    Grout

4.4.1    Market estimates and forecast, 2017 - 2027

4.4.2    Market estimates and forecast, by region, 2017 - 2027

4.5    Waterproofing

4.5.1    Market estimates and forecast, 2017 - 2027

4.5.2    Market estimates and forecast, by region, 2017 – 2027

4.6    Tile adhesives

4.6.1    Market estimates and forecast, 2017 - 2027

4.6.2    Market estimates and forecast, by region, 2017 - 2027

4.7    Others

4.7.1    Market estimates and forecast, 2017 - 2027

4.7.2    Market estimates and forecast, by region, 2017 - 2027

Chapter 5   Dry Mix Mortar Market, By End-user

5.1    Global dry mix mortar market share, by end-user, 2020 & 2027

5.2    Residential

5.2.1    Market estimates and forecast, 2017 - 2027

5.2.2    Market estimates and forecast, by region, 2017 – 2027

5.3    Non-residential

5.3.1    Market estimates and forecast, 2017 - 2027

5.3.2    Market estimates and forecast, by region, 2017 – 2027

Chapter 6   Dry Mix Mortar Market, By Region

6.1    Global dry mix mortar market share, by region, 2020 & 2027

6.2    North America

6.2.1    Market estimates and forecast, 2017 - 2027

6.2.2    Market estimates and forecast, by application, 2017 - 2027

6.2.3    Market estimates and forecast, by end-user, 2017 - 2027

6.2.4    U.S.

6.2.4.1    Market estimates and forecast, 2017 - 2027

6.2.4.2    Market estimates and forecast, by application, 2017 - 2027

6.2.4.3    Market estimates and forecast, by end-user, 2017 - 2027

6.2.5    Canada

6.2.5.1    Market estimates and forecast, 2017 - 2027

6.2.5.2    Market estimates and forecast, by application, 2017 - 2027

6.2.5.3    Market estimates and forecast, by end-user, 2017 - 2027

6.3    Europe

6.3.1    Market estimates and forecast, 2017 - 2027

6.3.2    Market estimates and forecast, by application, 2017 - 2027

6.3.3    Market estimates and forecast, by end-user, 2017 - 2027

6.3.4    Germany

6.3.4.1    Market estimates and forecast, 2017 - 2027

6.3.4.2    Market estimates and forecast, by application, 2017 - 2027

6.3.4.3    Market estimates and forecast, by end-user, 2017 - 2027

6.3.5    UK

6.3.5.1    Market estimates and forecast, 2017 - 2027

6.3.5.2    Market estimates and forecast, by application, 2017 - 2027

6.3.5.3    Market estimates and forecast, by end-user, 2017 - 2027

6.3.6    France

6.3.6.1    Market estimates and forecast, 2017 - 2027

6.3.6.2    Market estimates and forecast, by application, 2017 - 2027

6.3.6.3    Market estimates and forecast, by end-user, 2017 - 2027

6.3.7    Italy

6.3.7.1    Market estimates and forecast, 2017 - 2027

6.3.7.2    Market estimates and forecast, by application, 2017 - 2027

6.3.7.3    Market estimates and forecast, by end-user, 2017 - 2027

6.3.8    Russia

6.3.8.1    Market estimates and forecast, 2017 - 2027

6.3.8.2    Market estimates and forecast, by application, 2017 - 2027

6.3.8.3    Market estimates and forecast, by end-user, 2017 – 2027

6.3.9    Spain

6.3.9.1    Market estimates and forecast, 2017 - 2027

6.3.9.2    Market estimates and forecast, by application, 2017 - 2027

6.3.9.3    Market estimates and forecast, by end-user, 2017 - 2027

6.4    Asia Pacific

6.4.1    Market estimates and forecast, 2017 - 2027

6.4.2    Market estimates and forecast, by application, 2017 - 2027

6.4.3    Market estimates and forecast, by end-user, 2017 - 2027

6.4.4    China

6.4.4.1    Market estimates and forecast, 2017 - 2027

6.4.4.2    Market estimates and forecast, by application, 2017 - 2027

6.4.4.3    Market estimates and forecast, by end-user, 2017 - 2027

6.4.5    India

6.4.5.1    Market estimates and forecast, 2017 - 2027

6.4.5.2    Market estimates and forecast, by application, 2017 - 2027

6.4.5.3    Market estimates and forecast, by end-user, 2017 - 2027

6.4.6    Japan

6.4.6.1    Market estimates and forecast, 2017 - 2027

6.4.6.2    Market estimates and forecast, by application, 2017 - 2027

6.4.6.3    Market estimates and forecast, by end-user, 2017 - 2027

6.4.7    South Korea

6.4.7.1    Market estimates and forecast, 2017 - 2027

6.4.7.2    Market estimates and forecast, by application, 2017 - 2027

6.4.7.3    Market estimates and forecast, by end-user, 2017 - 2027

6.4.8    Indonesia

6.4.8.1    Market estimates and forecast, 2017 - 2027

6.4.8.2    Market estimates and forecast, by application, 2017 - 2027

6.4.8.3    Market estimates and forecast, by end-user, 2017 – 2027

6.5    Latin America

6.5.1    Market estimates and forecast, 2017 - 2027

6.5.2    Market estimates and forecast, by application, 2017 - 2027

6.5.3    Market estimates and forecast, by end-user, 2017 - 2027

6.5.4    Brazil

6.5.4.1    Market estimates and forecast, 2017 - 2027

6.5.4.2    Market estimates and forecast, by application, 2017 - 2027

6.5.4.3    Market estimates and forecast, by end-user, 2017 - 2027

6.5.5    Mexico

6.5.5.1    Market estimates and forecast, 2017 - 2027

6.5.5.2    Market estimates and forecast, by application, 2017 - 2027

6.5.5.3    Market estimates and forecast, by end-user, 2017 - 2027

6.6    Middle East & Africa (MEA)

6.6.1    Market estimates and forecast, 2017 - 2027

6.6.2    Market estimates and forecast, by application, 2017 - 2027

6.6.3    Market estimates and forecast, by end-user, 2017 - 2027

6.6.4    Saudi Arabia

6.6.4.1    Market estimates and forecast, 2017 - 2027

6.6.4.2    Market estimates and forecast, by application, 2017 - 2027

6.6.4.3    Market estimates and forecast, by end-user, 2017 - 2027

6.6.5    UAE

6.6.5.1    Market estimates and forecast, 2017 - 2027

6.6.5.2    Market estimates and forecast, by application, 2017 - 2027

6.6.5.3    Market estimates and forecast, by end-user, 2017 - 2027

6.6.6    South Africa

6.6.6.1    Market estimates and forecast, 2017 - 2027

6.6.6.2    Market estimates and forecast, by application, 2017 - 2027

6.6.6.3    Market estimates and forecast, by end-user, 2017 - 2027

Chapter 7   Company Profiles

7.1    Parex Group

7.1.1    Business Overview

7.1.2    Financial Data

7.1.3    Product Landscape

7.1.4    Strategic Outlook

7.1.5    SWOT Analysis

7.2    Sika AG

7.2.1    Business Overview

7.2.2    Financial Data

7.2.3    Product Landscape

7.2.4    Strategic Outlook

7.2.5    SWOT Analysis

7.3    Mapei SpA

7.3.1    Business Overview

7.3.2    Financial Data

7.3.3    Product Landscape

7.3.4    Strategic Outlook

7.3.5    SWOT Analysis

7.4    Ardex Group

7.4.1    Business Overview

7.4.2    Financial Data

7.4.3    Product Landscape

7.4.4    Strategic Outlook

7.4.5    SWOT Analysis

7.5    RCMPL

7.5.1    Business Overview

7.5.2    Financial Data

7.5.3    Product Landscape

7.5.4    Strategic Outlook

7.5.5    SWOT Analysis

7.6    The Ramco Cements Ltd.

7.6.1    Business Overview

7.6.2    Financial Data

7.6.3    Product Landscape

7.6.4    Strategic Outlook

7.6.5    SWOT Analysis

7.7    DowDuPont

7.7.1    Business Overview

7.7.2    Financial Data

7.7.3    Product Landscape

7.7.4    Strategic Outlook

7.7.5    SWOT Analysis

7.8    Saint-Gobain Weber

7.8.1    Business Overview

7.8.2    Financial Data

7.8.3    Product Landscape

7.8.4    Strategic Outlook

7.8.5    SWOT Analysis

7.9    LafargeHolcim

7.9.1    Business Overview

7.9.2    Financial Data

7.9.3    Product Landscape

7.9.4    Strategic Outlook

7.9.5    SWOT Analysis

7.10    CEMEX

7.10.1    Business Overview

7.10.2    Financial Data

7.10.3    Product Landscape

7.10.4    Strategic Outlook

7.10.5    SWOT Analysis

7.11    Wacker Chemie AG

7.11.1    Business Overview

7.11.2    Financial Data

7.11.3    Product Landscape

7.11.4    Strategic Outlook

7.11.5    SWOT Analysis

7.12    Colmef Monelli

7.12.1    Business Overview

7.12.2    Financial Data

7.12.3    Product Landscape

7.12.4    Strategic Outlook

7.12.5    SWOT Analysis

7.13    Saudi Readymix

7.13.1    Business Overview

7.13.2    Financial Data

7.13.3    Product Landscape

7.13.4    Strategic Outlook

7.13.5    SWOT Analysis

7.14    WUENSCH PLASTER

7.14.1    Business Overview

7.14.2    Financial Data

7.14.3    Product Landscape

7.14.4    Strategic Outlook

7.14.5    SWOT Analysis

7.15    UltraTech Cement Ltd.

7.15.1    Business Overview

7.15.2    Financial Data

7.15.3    Product Landscape

7.15.4    Strategic Outlook

7.15.5    SWOT Analysis

  • The Ramco Cements Ltd
  • Parex Group
  • Sika AG
  • Colmef Monelli
  • Mapei SpA
  • Samex SAB de CV
  • RCMPL
  • DowDuPont
  • Saint-Gobain Weber
  • LafargeHolcim
  • CEMEX
  • Wacker Chemie AG
  • Saudi Readymix
  • WUENSCH PLASTER
  • Ardex Group
  • UltraTech Cement Ltd

Table of Content

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