Dry Mix Mortar Market, By End-user Industry (Residential and Non-residential (Commercial, Infrastructure, Industrial, and others)), By Application (Plaster, Render, Tile Adhesive, Grouts, Water Proofing Slurries, Concrete, Protection and Renovation, Insulation and Finishing Systems and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Dry Mix Mortar Market was valued at USD 39.7 Billion in 2024 and is projected to grow at a CAGR of 5.4% to reach USD 64.4 Billion by 2034.

Dry Mix Mortar is the most multipurpose material used in the current construction industry. It works for to place bricks & other masonry blocks, coat building as renders & skims coat & fix tiles. This Mortar is produced in a different factory with dedicated facilities on batching & blending of all the necessary elements in the highly-controlled process. There are various types of Dry Mix Mortar Applications with well-defined properties & performance to meet specific requirement and application in the construction industry.

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Growth in construction activities globally is a major factor driving the growth for the target market. For instance according to global abc.org by 2030 the global construction market is forecast to be worth around $17.5 trillion, up by $8 trillion from 2015. Additionally with excellent technical properties dry mix mortar help to meet the harsh performance requirement. Furthermore, dry the cost-effectiveness and reduces potential construction problems such benefits drive the Target market growth. Moreover some special additives in dry mix mortar which helps to improve the workability of renders and help them bond to the background and decrease the risk of cracking such factor boost the demand for the target market. However, high cost of dry mix mortars, as related to conventional mortars, and the lack of awareness in developing economies such factor restrain the target market growth.

The Dry Mix Mortar market is segmented based on by End-user Industry, By Application, and region.

By End-user Industry the global Dry Mix Mortar market is classified into residential and non-residential commercial, infrastructure, industrial, and others. By Application the global Dry Mix Mortar market is classified into plaster, render, tile adhesive, grouts, waterproofing slurries, concrete, protection and renovation, insulation and finishing systems and others. The render segment expected to dominate the segment. Owing to its special additives feature that improve the workability of renders and help them bond to the background and cut the risk of cracking. Also, this is used for decorative finishes and the rendering is done in almost all of the construction applications to achieve a smooth or deliberately textured surface. Such factor drives the growth of the segment.

Regional Insights:

The Asia Pacific is expected to dominate the target market. Owing to growing developments in the field of construction and preference for cost-effective construction techniques, are favouring the market growth in countries such as China and India. For instance, according to ibef.org, India is likely to become the 3rd major construction market in the world by 2025. Additionally, China, India and the U.S. are expected to account for almost 60 per cent of all global growth in the sector by 2025.

Dry Mix Mortar Market, By End-user Industry:

• Residential
• Non-residential (Commercial, Infrastructure, Industrial, and others)

Dry Mix Mortar Market, By Application:

• Plaster
• Render
• Tile Adhesive
• Grouts
• Water Proofing Slurries
• Concrete
• Protection and Renovation
• Insulation
• Finishing Systems
• Others

Dry Mix Mortar Market, By Region:

• North America
  • North America Dry Mix Mortar  Market, By End-user Industry
    • North America Dry Mix Mortar  Market, By Country
      • U.S.
      • Canada
    • North America Dry Mix Mortar  Market, By Application
    • Europe
      • Europe Dry Mix Mortar  Market, By End-user Industry
      • Europe Dry Mix Mortar  Market, By Application
      • Europe Dry Mix Mortar  Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Asia Pacific Dry Mix Mortar  Market, By End-user Industry
      • Asia Pacific Dry Mix Mortar  Market, By Application
      • Asia Pacific Dry Mix Mortar  Market, By Country
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Latin America Dry Mix Mortar  Market, By End-user Industry
      • Latin America Dry Mix Mortar  Market, By Application
      • Latin America Dry Mix Mortar  Market, By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Middle East & Africa Dry Mix Mortar  Market, By End-user Industry
      • Middle East & Africa Dry Mix Mortar  Market, By Application
      • Middle East & Africa Dry Mix Mortar  Market, By Country
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating the Dry Mix Mortar market include 3M, Ardex Group, BASF SE, Cemex SAB de CV, Colmef Monelli, Conmix Ltd, Dow, Grand Aces Ventures Inc., Henkel AG & Co. KGaA and Knauf Gips KG. The key players in the market are focusing on product development and product launch. For instance, in January 2018 The Construction Chemicals division of BASF reveals MasterEmaco® T 1060DR and MasterEmaco T 1061DR low dust repair mortars.

• 3M
• Ardex Group
• BASF SE
• Cemex SAB de CV
•  Colmef Monelli
• Conmix Ltd
• Dow
• Grand Aces Ventures Inc.
• Henkel AG & Co. KGaA
• Knauf Gips KG