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

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.

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.

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.

Dry Mortar Market Report Scope:

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

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.

• 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

• 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