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

Report Code: PMI397120 | Publish Date: February 2024 | No. of Pages: 168

Global Dry Mix Mortar Market Overview

Introduction:

Dry Mix Mortar Market was valued at US$ 39.7 Billion in 2024 and is projected to grow at a CAGR of 5.40% to reach US$ 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

Global Dry Mix Mortar Market Dynamics

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.

Global Dry Mix Mortar Market Segmentation

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.

Detailed Segmentation:

Global Dry Mix Mortar Market, By End-user Industry:

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

 Global Dry Mix Mortar Market, By Application:

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

Global 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 Application
        • North America Dry Mix Mortar  Market, By Country
          • U.S.
          • Canada
      • 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

Global Dry Mix Mortar Market Key Players

The key players operating the global 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.

Global Dry Mix Mortar Market Company Profile

  • 3M
    • Company Overview 
    • Application Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ardex Group
  • BASF SE
  • Cemex SAB de CV
  •  Colmef Monelli
  • Conmix Ltd
  • Dow
  • Grand Aces Ventures Inc.
  • Henkel AG & Co. KGaA
  • Knauf Gips KG

“*” marked represents similar segmentation in other categories in the respective section

Global Dry Mix Mortar Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry 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
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Dry Mix Mortar  Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By End-user Industry
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Dry Mix Mortar Market, By End-user Industry, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Residential
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Non-residential
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Dry Mix Mortar Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Plaster
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Render
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Tile Adhesive
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Grouts
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Water Proofing Slurries
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Concrete
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Protection and Renovation
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Insulation
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Finishing Systems
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others  
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Dry Mix Mortar Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By End-user Industry, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
  • 3M
        • Company Overview
        • Application Portfolio
        • Key Highlights
        • Financial Performance
        • Business Strategies
  • Ardex Group
  • BASF SE
  • Cemex SAB de CV
  •  Colmef Monelli
  • Conmix Ltd
  • Dow
  • Grand Aces Ventures Inc.
  • Henkel AG & Co. KGaA
  • Knauf Gips KG
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

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

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.

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.

The key players operating the global 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.