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Dry Mix Mortar Market Size, Share, Trends, Growth Outlook

Dry Mix Mortar Market Size, Share, Trends, Growth Outlook, and Opportunities to 2032- By Application (Concrete Protection and Renovation, Grouts, Insulation and Finishing Systems, Plaster, Render, Tile Adhesive, Water Proofing Slurries, Others), By End-User (Commercial, Industrial and Institutional, Infrastructure, Residential), Countries and Companies Report

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  • |Published Month : November, 2024
  • |No. of Pages : 203

Global Dry Mix Mortar Market Size is valued at $398.1 Million in 2024 and is forecast to register a growth rate (CAGR) of 5.4% to reach $606.3 Million by 2032.

The global Dry Mix Mortar Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Application (Concrete Protection and Renovation, Grouts, Insulation and Finishing Systems, Plaster, Render, Tile Adhesive, Water Proofing Slurries, Others), By End-User (Commercial, Industrial and Institutional, Infrastructure, Residential).

An Introduction to Dry Mix Mortar Market in 2024

Dry mix mortar is a pre-mixed blend of cementitious materials, aggregates, and additives designed for use in construction applications in 2024. Unlike traditional mortar, which is mixed on-site using individual components, dry mix mortar is manufactured in a controlled factory environment and packaged into bags or silos for easy transportation and storage. Dry mix mortar offers several advantages over traditional mortar, including consistent quality, improved workability, and reduced labor and material waste. It is available in a variety of formulations tailored to specific applications such as masonry, plastering, tiling, and flooring. Common types of dry mix mortar include cement-based mortars, lime-based mortars, gypsum-based mortars, and epoxy mortars, each offering different performance characteristics and setting times. Dry mix mortar is used in a wide range of construction projects, including residential, commercial, and infrastructure developments, where it provides efficient and cost-effective solutions for bonding, sealing, and finishing applications. With the growing emphasis on sustainability and efficiency in the construction industry, dry mix mortar has gained popularity as a preferred building material due to its reduced environmental impact, lower energy consumption, and faster construction times compared to traditional mortar methods.

Dry Mix Mortar Industry- Market Size, Share, Trends, Growth Outlook

Dry Mix Mortar Market Competitive Landscape

The market report analyses the leading companies in the industry including Ardex Group, CEMEX S.A.B. de C.V., Compagnie de Saint-Gobain SA., Grupo Puma, HANIL HOLDINGS CO. Ltd, Holcim, LATICRETE International Inc, Mapei SpA, MBCC Group, SAMPYO GROUP, SCG, SIG, Sika AG, UltraTech Cement Ltd, Votorantim Cimentos SA, and others.

Dry Mix Mortar Market Dynamics

Market Trend: Increasing Preference for Ready-to-Use Construction Solutions

A prominent trend in the dry mix mortar market is the growing preference for ready-to-use construction solutions, driven by the need for efficiency, quality, and sustainability in building projects. Dry mix mortar, also known as dry mortar or dry-mix mortar, consists of a blend of cement, sand, additives, and other ingredients pre-mixed in precise proportions, ready for immediate use upon the addition of water. This trend is fueled by factors such as rapid urbanization, population growth, and the expansion of construction activities globally, which require fast, cost-effective, and reliable building materials. Contractors, builders, and project owners are increasingly adopting dry mix mortar solutions due to their advantages in terms of consistency, workability, and performance, leading to higher productivity, reduced waste, and improved project timelines. As the construction industry evolves to meet evolving market demands and sustainability goals, the demand for dry mix mortar is expected to continue growing, driving market expansion and innovation in product formulations, packaging, and application methods to meet diverse customer needs and project requirements.

Market Driver: Growth in Construction Activities and Infrastructure Development

The primary driver fueling the demand for dry mix mortar is the growth in construction activities and infrastructure development worldwide, particularly in emerging economies and urban areas experiencing rapid urbanization and industrialization. Dry mix mortar plays a crucial role in various construction applications, including masonry, plastering, tiling, flooring, and finishing, offering advantages such as improved workability, bond strength, durability, and consistency compared to traditional on-site mixed mortar. With increasing investment in residential, commercial, and infrastructure projects, there is a rising demand for efficient construction materials that can streamline construction processes, reduce labor costs, and enhance overall project quality and performance. Dry mix mortar solutions enable faster construction, better resource utilization, and enhanced structural integrity, making them essential components in modern building projects. As governments and private sector entities continue to invest in infrastructure development, urban renewal, and sustainable construction practices, the demand for dry mix mortar is expected to grow, driving market expansion and investment in production capacity, technology, and distribution channels to meet rising market demands and capitalize on growth opportunities.

Market Opportunity: Expansion into Green Building and Sustainable Construction

An emerging opportunity within the dry mix mortar market lies in the expansion into green building and sustainable construction practices, driven by increasing environmental awareness, regulatory requirements, and market demand for eco-friendly building materials. Manufacturers can capitalize on this opportunity by developing and promoting dry mix mortar solutions that comply with green building standards, such as LEED (Leadership in Energy and Environmental Design) certification, and contribute to sustainability goals, such as reducing carbon footprint, minimizing waste, and enhancing energy efficiency in buildings. Opportunities exist for formulating dry mix mortar products using recycled aggregates, alternative binders, and low-impact additives, as well as optimizing production processes to reduce energy consumption and emissions. By offering sustainable dry mix mortar solutions that meet or exceed environmental performance requirements and provide tangible benefits in terms of resource conservation, indoor air quality, and occupant comfort, manufacturers can position themselves as leaders in the green building market and capture market share in the growing segment of environmentally conscious customers, developers, and contractors. By embracing sustainability as a key driver of innovation and growth, manufacturers can differentiate themselves in the competitive dry mix mortar market and contribute to the advancement of sustainable construction practices globally.

Dry Mix Mortar Market Share Analysis: Tile Adhesive segment generated the highest revenue in 2024

Within the dry mix mortar market segmented by application, the Tile Adhesive segment is the largest, driven by its extensive use in construction and renovation projects worldwide. Tile adhesive is a vital component in the installation of ceramic, porcelain, and natural stone tiles, providing a strong and durable bond between the tiles and the substrate. Its versatile formulation allows for application on various substrates, including concrete, plaster, and cementitious boards, making it suitable for both interior and exterior tiling applications. The Tile Adhesive segment benefits from the increasing trend towards tile installations in residential, commercial, and infrastructure projects, driven by factors such as aesthetics, durability, and ease of maintenance. Additionally, as urbanization and infrastructure development continue to expand globally, the demand for tile adhesive for flooring and wall tiling applications remains robust. As a result, the Tile Adhesive segment maintains its dominance as the largest in the dry mix mortar market, supported by its indispensable role in modern construction practices.

Dry Mix Mortar Market Share Analysis: Infrastructure Sector is poised to register the fastest CAGR over the forecast period

Among the segments categorized by end-users in the dry mix mortar market, the Infrastructure sector is the fastest-growing, driven by the surge in infrastructure development projects worldwide. Infrastructure projects encompass a wide range of construction activities, including roads, bridges, tunnels, airports, and railways, all of which require significant quantities of dry mix mortar for various applications such as concrete repair, grouting, and waterproofing. The Infrastructure sector benefits from increasing government investments in infrastructure modernization and expansion initiatives aimed at improving transportation networks, enhancing urban development, and addressing the growing demand for public amenities. Additionally, the rise of smart city initiatives, population growth, and urbanization trends further fuel the demand for infrastructure development, driving the need for efficient and high-performance construction materials like dry mix mortar. As countries worldwide prioritize infrastructure investments to support economic growth and sustainable development, the Infrastructure segment in the dry mix mortar market experiences rapid growth, propelled by the essential role of dry mix mortar in building resilient and durable infrastructure assets.

Dry Mix Mortar Market

By Application
Concrete Protection and Renovation
Grouts
Insulation and Finishing Systems
Plaster
Render
Tile Adhesive
Water Proofing Slurries
Others
By End-User
Commercial
Industrial and Institutional
Infrastructure
ResidentialCountries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Dry Mix Mortar Companies Profiled in the Study

Ardex Group
CEMEX S.A.B. de C.V.
Compagnie de Saint-Gobain SA.
Grupo Puma
HANIL HOLDINGS CO. Ltd
Holcim
LATICRETE International Inc
Mapei SpA
MBCC Group
SAMPYO GROUP
SCG
SIG
Sika AG
UltraTech Cement Ltd
Votorantim Cimentos SA
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Dry Mix Mortar Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Dry Mix Mortar Market Size Outlook, $ Million, 2021 to 2032
3.2 Dry Mix Mortar Market Outlook by Type, $ Million, 2021 to 2032
3.3 Dry Mix Mortar Market Outlook by Product, $ Million, 2021 to 2032
3.4 Dry Mix Mortar Market Outlook by Application, $ Million, 2021 to 2032
3.5 Dry Mix Mortar Market Outlook by Key Countries, $ Million, 2021 to 2032

4 Market Dynamics
4.1 Key Driving Forces of Dry Mix Mortar Industry
4.2 Key Market Trends in Dry Mix Mortar Industry
4.3 Potential Opportunities in Dry Mix Mortar Industry
4.4 Key Challenges in Dry Mix Mortar Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Dry Mix Mortar Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Dry Mix Mortar Market Outlook by Segments
7.1 Dry Mix Mortar Market Outlook by Segments, $ Million, 2021- 2032
By Application
Concrete Protection and Renovation
Grouts
Insulation and Finishing Systems
Plaster
Render
Tile Adhesive
Water Proofing Slurries
Others
By End-User
Commercial
Industrial and Institutional
Infrastructure
Residential

8 North America Dry Mix Mortar Market Analysis and Outlook To 2032
8.1 Introduction to North America Dry Mix Mortar Markets in 2024
8.2 North America Dry Mix Mortar Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Dry Mix Mortar Market size Outlook by Segments, 2021-2032
By Application
Concrete Protection and Renovation
Grouts
Insulation and Finishing Systems
Plaster
Render
Tile Adhesive
Water Proofing Slurries
Others
By End-User
Commercial
Industrial and Institutional
Infrastructure
Residential

9 Europe Dry Mix Mortar Market Analysis and Outlook To 2032
9.1 Introduction to Europe Dry Mix Mortar Markets in 2024
9.2 Europe Dry Mix Mortar Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Dry Mix Mortar Market Size Outlook by Segments, 2021-2032
By Application
Concrete Protection and Renovation
Grouts
Insulation and Finishing Systems
Plaster
Render
Tile Adhesive
Water Proofing Slurries
Others
By End-User
Commercial
Industrial and Institutional
Infrastructure
Residential

10 Asia Pacific Dry Mix Mortar Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Dry Mix Mortar Markets in 2024
10.2 Asia Pacific Dry Mix Mortar Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Dry Mix Mortar Market size Outlook by Segments, 2021-2032
By Application
Concrete Protection and Renovation
Grouts
Insulation and Finishing Systems
Plaster
Render
Tile Adhesive
Water Proofing Slurries
Others
By End-User
Commercial
Industrial and Institutional
Infrastructure
Residential

11 South America Dry Mix Mortar Market Analysis and Outlook To 2032
11.1 Introduction to South America Dry Mix Mortar Markets in 2024
11.2 South America Dry Mix Mortar Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Dry Mix Mortar Market size Outlook by Segments, 2021-2032
By Application
Concrete Protection and Renovation
Grouts
Insulation and Finishing Systems
Plaster
Render
Tile Adhesive
Water Proofing Slurries
Others
By End-User
Commercial
Industrial and Institutional
Infrastructure
Residential

12 Middle East and Africa Dry Mix Mortar Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Dry Mix Mortar Markets in 2024
12.2 Middle East and Africa Dry Mix Mortar Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Dry Mix Mortar Market size Outlook by Segments, 2021-2032
By Application
Concrete Protection and Renovation
Grouts
Insulation and Finishing Systems
Plaster
Render
Tile Adhesive
Water Proofing Slurries
Others
By End-User
Commercial
Industrial and Institutional
Infrastructure
Residential

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Ardex Group
CEMEX S.A.B. de C.V.
Compagnie de Saint-Gobain SA.
Grupo Puma
HANIL HOLDINGS CO. Ltd
Holcim
LATICRETE International Inc
Mapei SpA
MBCC Group
SAMPYO GROUP
SCG
SIG
Sika AG
UltraTech Cement Ltd
Votorantim Cimentos SA

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Application
Concrete Protection and Renovation
Grouts
Insulation and Finishing Systems
Plaster
Render
Tile Adhesive
Water Proofing Slurries
Others
By End-User
Commercial
Industrial and Institutional
Infrastructure
Residential
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions