
Dry Mortar Market Size Was Valued at USD 40.20 Billion in 2023, and is Projected to Reach USD 66.43 Billion by 2032, Growing at a CAGR of 5.74% From 2024-2032.
Dry mortar refers to a pre-mixed blend of cement, sand, and other additives that manufacturers package in dry form. Users mix it with water at the construction site to create a durable and cohesive building material, which simplifies and speeds up the construction process while ensuring consistent quality. Dry mortar finds applications in various construction activities, including bricklaying, plastering, rendering, and tile fixing. Builders use it for both interior and exterior projects due to its versatility and ease of use. The pre-mixed nature of dry mortar ensures consistent quality, reducing the risk of errors and improving the overall strength and durability of the structures.
The advantages of dry mortar include its convenience, efficiency, and cost-effectiveness. By requiring only, the addition of water, dry mortar saves time and labor costs on the construction site. Its precise formulation results in superior bonding and finish, reducing maintenance and repair needs over time. Additionally, dry mortar's shelf life allows for better inventory management and less waste, contributing to sustainable building practices. The future demand for dry mortar is set to grow due to the increasing emphasis on quality construction and the need for faster project completion. The rising trend of urbanization and infrastructure development in emerging economies will further boost its market. As the construction industry continues to adopt advanced materials and technologies, dry mortar will play a significant role in meeting these evolving demands, ensuring robust and long-lasting buildings.
Sto Corp (USA), Cemex (USA), HB Fuller (USA), Dryvit Systems (USA), Custom Building Products (USA), Saint-Gobain Weber (France), Bostik (France), Henkel (Germany), Ardex (Germany), Knauf (Germany), Caparol (Germany), BASF SE (Germany), Mapei (Italy), Baumit (Austria), Grupo Puma (Spain), Forbo (Switzerland), Sika AG (Switzerland), Hanil Cement (Korea), BBMG Mortar (China), Oriental Yuhong Source (China), and Other Major Players
Dry Mortar Market Segmented on the basis of Industry, and Application.
Dry Mortar Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 40.20 Bn. |
Forecast Period 2024-32 CAGR: |
5.74% |
Market Size in 2032: |
USD 66.43 Bn. |
Segments Covered: |
By Industry |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Dry Mortar Market by By Industry
4.1 Dry Mortar Market Snapshot and Growth Engine
4.2 Dry Mortar Market Overview
4.3 Commercial
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD
The forecast period in the Dry Mortar Market research report is 2024-2032.
Sto Corp (USA), Cemex (USA), HB Fuller (USA), Dryvit Systems (USA), Custom Building Products (USA), Saint-Gobain Weber (France), Bostik (France), Henkel (Germany), Ardex (Germany), Knauf (Germany), Caparol (Germany), BASF SE (Germany), Mapei (Italy), Baumit (Austria), Grupo Puma (Spain), Forbo (Switzerland), Sika AG (Switzerland), Hanil Cement (Korea), BBMG Mortar (China), Oriental Yuhong Source (China), and Other Major Players
The Dry Mortar Market is segmented into Industry, Application, and Region. By Type, the market is categorized into Commercial, Industrial and Institutional, Infrastructure, and Residential. By Application, the market is categorized into Concrete Protection and Renovation, Grouts, Insulation, Finishing Systems, Plaster, Render, Tile Adhesive, and Water Proofing Slurries. By Region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Dry mortar refers to a pre-mixed blend of cement, sand, and other additives that manufacturers package in dry form. Users mix it with water at the construction site to create a durable and cohesive building material, which simplifies and speeds up the construction process while ensuring consistent quality.
Dry Mortar Market Size Was Valued at USD 40.20 Billion in 2023, and is Projected to Reach USD 66.43 Billion by 2032, Growing at a CAGR of 5.74% From 2024-2032.