Global Mortar Market Projected to Reach 36500 Mn US$ by 2025 | Key Players: Saint-Gobain Weber (FR), Materis (FR), Sika (CH), Henkel (FR), Mapei (IT), Sto (DE), Ardex (DE),

This study focuses on the production side and consumption side of Mortar, presents the global Mortar market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Mortar capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Mortar by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Mortar is a workable paste used to bind building blocks such as stones, bricks, and concrete masonry units together, fill and seal the irregular gaps between them, and sometimes add decorative colors or patterns in masonry walls. In its broadest sense mortar includes Wet Mixed Mortar and Dry Mortar.

In recent years, with the continuous improvement of the national environmental protection requirements, it has become an urgent task of the local building authorities to promote the use of Mortar. One key factor that has been driving the demand is the ability of these products to save labor costs. With the use of specialized application equipment, substantial improvement in workmen efficiency and output has been reported due to the use of these products.

From the historical experience of developed countries in Europe and America, the Dry Mortar is mainstream and trend of ready-mixed mortar market. In Europe, Dry Mortar occupies more than 90% of all the mortar products.

Currently, the global Mortar market is gradually shifting to Asia, especially China market is a top priority. Demand for building mortar should be 350-600 million tons and the production of Mortar is only 6% of the demand. But the most challenge for China Mortar market is the high production capacity and low utilization. With the investment growth of real estate slow down, the growth of Mortar will keep a decreasing trend in future.

The Mortar market was valued at 28100 Million US$ in 2017 and is projected to reach 36500 Million US$ by 2025, at a CAGR of 3.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Mortar.

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This report includes the following manufacturers; we can also add the other companies as you want.

Saint-Gobain Weber (FR)

Materis (FR)

Sika (CH)

Henkel (FR)

Mapei (IT)

Sto (DE)

Ardex (DE)

BASF (DE)

Baumit (AT)

Bostik (FR)

Knauf (DE)

CBP (US)

Caparol (DE)

Cemex (US)

HB Fuller (US)

Quick-mix (DE)

Dryvit Systems (US)

Hanil Cement (KR)

AdePlast (IT)

Forbo (CH)

CPI Mortars (UK)

Grupo Puma (ES)

Market Segment by Product Type

Wet Mixed Mortar

Dry Mortar

Market Segment by Application

Construction Industry

Home Decoration Industry

Others

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