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Dry Mix Mortar Market Forecast: From $58.55 Billion in 2023 to $82.39 Billion by 2030, Growing at a 5% CAGR

08-15-2024 10:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

Dry Mix Mortar Market

Dry Mix Mortar Market

Anticipated Growth in Revenue:

Dry Mix Mortar Market is expected to reach US$ 82.39 Bn. in 2030 from US$ 58.55 Bn. in 2023 at CAGR of 5% during the forecast period

Dry Mix Mortar Market Overview:

The Dry Mix Mortar market is segmented into industry vertical, application, admixtures and region. On the basis of industry vertical, the Dry Mix Mortar Market is segmented into Residential Construction, Industrial Construction, Commercial Construction, Institutional Construction, Municipal Construction and Others. On the basis of application, the market is segmented into Plaster, Render, Grout, Waterproofing, Tile Adhesive and Others. On the basis of admixtures, the market is segmented into Methyl Hydroxyethyl Cellulose (MHEC), Methyl hydroxypropyl Cellulose (MHPC), Methyl Cellulose, Re-Dispersible Polymer Powder and Others. Geographically the Dry Mix Mortar Market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Dry-Mix-Mortar-Market/918

What are Dry Mix Mortar Market Dynamics?

Dry Mix Mortar Market is critical to the growth of the construction materials market today. These mortars are important not only for the aesthetic finish of a structure, but they are also becoming increasingly important for thermal insulation and enhancing construction efficiency. New applications are being created all over the world, with the fastest growth rates currently in developing economies. They are aimed at specific targets in the construction industry as well as the general public (e.g., environmental issues). The growing use of Dry Mix Mortar in commercial and institutional applications, particularly in developed regions such as Europe and North America, is likely to boost the industry's overall growth. Rapid growth in commercial construction activity, particularly in the United States, Italy, and Russia, has pushed up demand for building materials, leading to increasing growth rate of the Dry Mix Mortar market. The growing use of dry mix mortar as tile adhesives and renders is expected to drive demand for the product. This mortar has specific additives that serve to limit the possibility of cracks while also improving render workability and background bonding capacity.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/Dry-Mix-Mortar-Market/918

What is Dry Mix Mortar Market Regional Insight?

Asia-Pacific region is projected to experience significant growth during the forecast period due to rising commercial and infrastructural developments in emerging economies such as China, India, Japan, Indonesia, and South Korea. Furthermore, ever-increasing populations of countries like India and China are mainly contributing to a significant rise in residential buildings, which is projected to drive up total demand for Dry Mix Mortar. Very recently in November 2021, the Government of India has approved construction of 3.61 lakh houses under PMAY (Pradhan Mantri Awas Yojna) Scheme and overall, this takes the total number of houses being built under this scheme to 1.14 crore units. Similarly, new projects in commercial segments are being approved. For instance, with a capacity of 60 million passengers per year by 2030, NMIA (Navi Mumbai International Airport) is one of the world's largest greenfield airport projects in India. In its first year of operation, it is expected to carry 10 million passengers. NAMI will cover 11.6 square kilometers when completed, with two parallel runways and a terminal building in the center.

What is Dry Mix Mortar Market Segmentation?

By Industry Verticals



Residential Construction
Industrial Construction
Commercial Construction
By Application

Plaster
Render
Grout
By Admixtures



Methyl Hydroxyethyl Cellulose (MHEC)
Methyl hydroxypropyl Cellulose (MHPC)
Methyl Cellulose
Re-Dispersible Polymer Powder
Others

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/Dry-Mix-Mortar-Market/918

Some of the current players in the Dry Mix Mortar Market are:
Cemex (Mexico)
Sika AG (Switzerland)
Lafarge (France)
DowDuPont (US)
Ardex Group (Germany)
UltraTech (India)
Saint-Gobain Webe (France)
3M (US)
Conmix (UAE)
Holcim group (Switzerland)
Laticrete International Inc (US)
MAPEI SpA (Italy)
Plaxit (UAE)

Key Offerings:

Past Market Size and Competitive Landscape
Dry Mix Mortar Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Dry Mix Mortar Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Explore our top-performing reports on the latest trends:

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Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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