Construction Dry Mortar Market share, Market trends, and forecasts from 2024 to 2031.

Market Overview and Report Coverage

Construction dry mortar is a mixture of cement, sand, and additives used to bind construction materials together. It is widely used in various types of construction projects for its convenience, durability, and cost-effectiveness.
The Construction Dry Mortar Market is expected to grow at a CAGR of 3.40% during the forecasted period. The market is witnessing growth due to increasing construction activities in both residential and commercial sectors, driven by urbanization and industrialization. The rising demand for sustainable and energy-efficient construction materials is also contributing to the market growth. Additionally, advancements in technology and product innovations are expected to further propel the market.
In the future, the Construction Dry Mortar Market is anticipated to witness growth opportunities in emerging economies, where infrastructural development is rapidly increasing. The market players are focusing on expanding their product portfolios and enhancing their distribution networks to cater to the growing demand. Overall, the future outlook for the Construction Dry Mortar Market looks promising, with steady growth expected in the coming years.

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Market Segmentation
The Construction Dry Mortar Market Analysis by types is segmented into:
• Bricklaying/ Masonry Mortar
• Floor Screed
• Tile Adhesives/Grouts
• Wall Renders and Plasters
• EIFS Products
• Other

Construction dry mortar market types include Bricklaying/Masonry Mortar, used for laying bricks and blocks; Floor Screed, for leveling and smoothing floors; Tile Adhesives/Grouts, for fixing tiles to walls and floors; Wall Renders and Plasters, for finishing and decorating walls; EIFS Products, for exterior insulation and finishing systems; and Other markets, encompassing specialized products like repair mortars and waterproofing compounds. Each type serves a specific function in the construction industry, providing essential materials for various building processes.

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The Construction Dry Mortar Market Industry Research by Application is segmented into:
• Residential Building
• Commercial Building
• Industrial Building

Construction Dry Mortar Market Application includes Residential Building, Commercial Building, and Industrial Building sectors. Residential Building refers to the construction of houses and apartments for living purposes. Commercial Building comprises of offices, retail spaces, and public buildings. Industrial Building involves the construction of factories, warehouses, and other industrial facilities. Each sector utilizes dry mortar for various applications such as masonry work, flooring, plastering, and finishing, making it an essential component in the construction industry.

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In terms of Region, the Construction Dry Mortar Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Construction Dry Mortar market?
Some emerging trends in the global construction dry mortar market include the increasing use of polymer-modified dry mortar for improved strength and durability, the growing adoption of pre-mixed dry mortar products for convenient and efficient construction processes, and the rising demand for sustainable and eco-friendly dry mortar solutions to reduce environmental impact. Additionally, advancements in technology such as the development of automated mixing and application systems are expected to drive further growth in the market. Overall, the construction dry mortar market is witnessing a shift towards innovative products and solutions to meet the evolving needs of the industry.

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Major Market Players
Sika is a Switzerland-based company that specializes in manufacturing and distributing construction materials. Founded in 1910, Sika has a long history of providing innovative solutions for the construction industry. The company has experienced significant market growth over the years, expanding its product line to include a wide range of construction mortars. In 2020, Sika reported sales revenue of over CHF 7.9 billion.
Saint-Gobain Weber is a subsidiary of the French conglomerate Saint-Gobain, specializing in construction materials. With a history dating back to the 1950s, Saint-Gobain Weber has established a strong presence in the global construction mortar market. The company's product range includes a variety of dry mortars for different applications. In 2020, Saint-Gobain reported overall sales revenue of €38.1 billion.
Mapei is an Italian company founded in 1937, known for producing construction adhesives and sealants. Over the years, Mapei has expanded its product offerings to include a wide range of construction mortars, becoming a key player in the global market. In 2020, Mapei reported sales revenue of €3.3 billion.
BASF is a German multinational corporation that produces chemicals, plastics, and construction materials like dry mortars. With a history dating back to the 19th century, BASF has a long-standing reputation for innovation and product quality. The company has a significant presence in the construction mortar market, offering a diverse range of products for different construction needs. In 2020, BASF reported sales revenue of over €59 billion.

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