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Global Dry Mortar Market Research Report 2023

08-23-2023 05:33 AM CET | Industry, Real Estate & Construction

Press release from: Valuates Reports

The global Dry Mortar market was valued at US$ 27580 million in 2022 and is anticipated to reach US$ 35010 million by 2029, witnessing a CAGR of 3.4% during the forecast period 2023-2029.

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Dry Mortar Market
Dry mortar is dry powder or granular material made by mixing dried screening process of fine aggregate, cementitious materials, additives, fillers, etc. Most of the dry mortar products contain both mineral cementitious binder (e.g. OPC) and polymer binder (e.g. re-dispersible powder) and they are normally packed in bags after mixing in the factory.

Dry mortars offer three main advantages: firstly, they reduce quality problems caused by improper mixing conditions on small job-sites; secondly, they allow building much faster with ready-to-use, high performance products; thirdly, the save on labor costs.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Dry mortar is a low concentration ratio industry. There are thousands of manufacturers in this industry. In the industry, Sika (CH) profits most , while Saint-Gobain Weber (FR) and Henkel (FR) ranked 2 and 3.The market share of them are about 10%, 6% and 3%.In terms of product, bricklaying/ masonry mortar is the largest segment, with a share over 30%. And in terms of application, the largest application is construction industry, followed by home decoration industry.

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Segment by Type
Bricklaying/ Masonry Mortar
Floor Screed
Tile Adhesives/Grouts
Wall Renders and Plasters
EIFS Products
Other

Segment by Application
Construction Industry
Home Decoration Industry
Others

Production by Region
North America
Europe
South Korea
South America
China
Japan
India

Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)

By Company Sika, Saint-Gobain Weber, Henkel, Mapei, BASF, Cemex, Knauf, Ardex, Bostik, CBP, Caparol, Hanil Cement, Sto, Baumit, Quick-mix, HB Fuller, Forbo, CPI Mortars, Grupo Puma, Tarmac

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https://reports.valuates.com/market-reports/QYRE-Auto-11C15041/global-dry-copper-rice-machine

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