Dry Mortar Market is estimated to be US$ 28.6 Billion by 2034; Growing Construction Activities to Fuel Industrial Growth

Published Date: April 2024

Dry Mortar are factory pre-batched multi-component system used in construction and renovation projects. Dry Mortar is a mixed raw materials in dried form which includes polymers and additives for construction activities and used in repairing small spots, in bed shower installation and creates thick bed mortar for brick and tile placement.

Wide applications such as tile adhesives/ grout, wall renders and plasters (interior and exterior), EIFS products (major EPS and XPS), and others has driven target market growth. Further, growing economic status and rising infrastructure projects across globe is expected to boost the market growth.

The report Dry Mortar Market, By Type (Covers Bricklaying/ Masonry mortar, Floor screeds (Thick Floor screeds and Thin Floor screeds (SLU), Tile adhesives/ grout, Wall renders and plasters (interior and exterior), EIFS Products (Major EPS and XPS), and Others), By Applications (Construction Industry, Home decoration Industry, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

  • In January 2020, Ambuja Cement launched four new Dry Mortar solutions, Wall putty ColorSave, Tile adhesive Ambuja Tilocol, Integral water-proofing compound Ambuja SeelanSeal and Ready-Mix plaster Ambuja Plazto for construction housing builders in India.

  • In May 2019, Sika AG completed acquisition of Parex a leading manufacturer of mortar. This acquisition will led Sika to expand its portfolio and to strengthen its position in construction chemicals and building finishing market. 

Analyst View:

Presence of major key players in developing areas has provided increased prospects for Dry Mortar suppliers which in turn, facilitated target market growth. Emerging applications of Dry Mortar in various end-user industries growing strategic partnerships of key players is expected to fuel the demand for Dry Mortar market growth.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Dry Mortar Market, By Type (Covers Bricklaying/ Masonry mortar, Floor screeds (Thick Floor screeds and Thin Floor screeds (SLU), Tile adhesives/ grout, Wall renders and plasters (interior and exterior), EIFS Products (Major EPS and XPS), and Others), By Applications (Construction Industry, Home decoration Industry, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Dry Mortar Market accounted for US$ 17.6 Billion in 2024 and is estimated to be US$ 28.6 Billion by 2034 and is anticipated to register a CAGR of 5.40%. The Dry Mortar Market is segmented based on Type, Application and Region.

  • Based on Type, Dry Mortar Market is segmented into Covers Bricklaying/ Masonry mortar, Floor screeds (Thick Floor screeds and Thin Floor screeds (SLU), Tile adhesives/ grout, Wall renders and plasters (interior and exterior), EIFS Products (Major EPS and XPS), and Others.
  • Based on Application, Dry Mortar Market is segmented into Construction Industry, Home decoration Industry, and Others.
  • By Region, the Dry Mortar Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Dry Mortar Market:

The prominent players operating in the Dry Mortar Market includes, Dow DuPont, CEMEX SAB de CV, Sika AG, Saint-Gobain Weber, Ardex Group, MAPEI SpA, UltraTech Cement Ltd., The Ramco Cements Ltd., Colmef Monelli, Parex Group and others.

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