Global Dry Mortar Market By Overview
Dry Mortar Market was valued at US$ 17.6 Billion in 2024 and is projected to grow at a CAGR of 5.40% to reach US$ 28.6 Billion by 2034.
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.
Growing construction activities has contributed in target market growth. Rapid growth in urbanization and growing economic status has given rise in residential buildings and smart city projects has further driven the demand for Dry Mortar market growth. Growing adoption of green buildings is expected to fruitful the demand for Dry Mortar market growth in coming years.
Global Dry Mortar Market By Dynamics
Growing infrastructure projects and rate of urbanization
Growing infrastructure projects with rapidly growing urban population has become major factor in target market growth. Rapid growth in urbanization has given rise in industrialization, disposable income which allows individual power to purchase, growing residential and commercial sectors, rising demand for residential buildings, hospitals, logistic services, colleges, schools and more which in turn has increased demand for Dry mortar in construction activities to fuel market growth.
For instance, according to IBEF (India Brand Equity Foundation), in October 2021, Indian and Dubai government signed a contract to build robust infrastructure in Jammu & Kashmir which includes, specialized hospitals, multipurpose towers, IT towers, medical colleges, industrial parks and logistic centers.
Restrains:
However, stringent regulatory process for approval of construction projects near forest areas and cyclic nature of construction industries has restrained the demand for Dry Mortar market growth.
Global Dry Mortar Market By Segmentation
Dry Mortar Market is segmented based on Type, Applications and Region.
Type Insight
On the basis of 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.
Application Insight
On the basis of Applications, Dry Mortar Market is segmented into Construction Industry, Home decoration Industry, and Others. Construction segment is expected to dominate the target market growth due to growing population, rising infrastructure projects and government spending on housing development schemes.
For instance, according to (THG PUBLISHING PVT LTD.), in October 2021, India, UAE (United Arab Emirates), U.S. and Israel agreed to launch quadrilateral economic forum to increase focus on infrastructure development projects in region with strengthening its bilateral co-operation.
Regional Insights:
On region the Dry Mortar Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period. Moreover, growing population, rapid growth in urbanization with high disposable income, growing construction activities, emerging smart projects for houses, malls, offices and government spending on housing development schemes is anticipated to increase demand for Dry Mortar in the region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
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 |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Dry Mortar Market report based on Type, Applications and Region.
Dry Mortar Market, By Type:
- Covers Bricklaying/ Masonry mortar
- Floor screeds
- Thick Floor screeds
- Thin Floor screeds
- Tile adhesives/ grout
- Wall renders and plasters
- EIFS Products
Dry Mortar Market, By Applications:
- Construction Industry
- Home decoration Industry
Dry Mortar Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Dry Mortar Market By Key Players
The key players operating 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.
Global Dry Mortar Market By Key Issues Addressed
Recent Development:
- In March 2023, Malabar Cements launched new Dry Mortar for plastering buildings in India. New launched Dry Mortar consists of cement and dry sand and thus, available in 40Kgs of bags.
- In July 2021, LAFARGE Cement Zimbabwe launched new dry Mix products to meet its customer demands and to strengthen its position in the market. New launched product incudes, plastering mortar, tile adhesives and skim coat
Global Dry Mortar Market By Company Profile
- Dow DuPont*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CEMEX SAB de CV
- Sika AG
- Saint-Gobain Weber
- Ardex Group
- MAPEI SpA
- UltraTech Cement Ltd.
- The Ramco Cements Ltd.
- Colmef Monelli
- Parex Group
“*” marked represents similar segmentation in other categories in the respective section
Global Dry Mortar Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Applications
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Covers Bricklaying/ Masonry mortar
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Floor screeds
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Tile adhesives/ grout
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Wall renders and plasters
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- EIFS Products
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Applications, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Construction Industry
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Home decoration Industry
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global Market, By Region, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Applications, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Faorecast (US$ Bn), By Applications, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Applications, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Applications, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Applications, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Dow DuPont
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CEMEX SAB de CV
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sika AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Saint-Gobain Weber
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ardex Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- MAPEI SpA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- UltraTech Cement Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Ramco Cements Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Colmef Monelli
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Parex Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Dry Mortar Market is segmented into type, applications and region.
Dry Mortar Market is driven by factors like growing construction activities and rate of urbanization.
By region, the Dry Mortar market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating 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.
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%.