Press release
Dry Mix Mortar Market to Hit $90.83 Billion by 2032, Growing at a 5% CAGR from 2024
๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ was valued at USD 61.47 billion in 2024 and is projected to grow at a CAGR of 5%, reaching nearly USD 90.83 billion by 2032.๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Dry Mix Mortar market is experiencing robust growth due to its increasing adoption in construction activities, driven by its versatility, cost-effectiveness, and superior performance. This ready-to-use mortar offers convenience and efficiency across diverse applications such as rendering, plastering, and tiling. Its widespread usage in residential, commercial, and industrial construction, particularly in emerging economies like India and China, underscores its significance in modern construction practices. The trend towards sustainable and green building materials further propels its adoption, with Asia-Pacific being a dominant region due to rapid urbanization and infrastructure development.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.stellarmr.com/report/req_sample/Dry-Mix-Mortar-Market/918
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ:
The growth of the Dry Mix Mortar market is fueled by the rising demand for efficient construction materials that save time and reduce material waste. The product's technical advantages, such as improved workability, adhesion, and durability, make it ideal for modern construction needs. The increasing urbanization and population growth, especially in emerging economies, drive the demand for residential and commercial spaces. Additionally, government initiatives promoting affordable housing and infrastructure development bolster market growth.
๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The market is witnessing a surge in demand for dry mix mortar in rendering and tiling applications, driven by its ability to enhance surface aesthetics and structural integrity. Technological advancements in admixtures, such as re-dispersible polymer powders and methylcellulose derivatives, improve performance and efficiency. The growing adoption of green building materials due to environmental concerns and stringent regulations also supports the market. Furthermore, the integration of automated mixing technologies and silo-based delivery systems is streamlining construction processes, enhancing product usage globally.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.stellarmr.com/report/enquire_now/Dry-Mix-Mortar-Market/918
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
Vietnam is emerging as a promising market for dry mix mortar, driven by expanding urbanization and government infrastructure projects. Companies like Saint-Gobain and Mapei are investing in local manufacturing facilities to cater to the growing demand for sustainable and high-performance construction materials. The increasing focus on energy-efficient buildings is further fueling market growth.
๐๐ก๐๐ข๐ฅ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
Thailand's dry mix mortar market is experiencing significant growth, supported by its booming real estate and tourism sectors. Major players such as Siam Cement Group (SCG) are introducing innovative mortar solutions to meet the needs of modern construction. The government's push for green construction materials is also enhancing market opportunities.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
Japan remains at the forefront of innovation in the dry mix mortar market, focusing on eco-friendly and high-strength materials. Companies like Nippon Paint and Takemoto Oil & Fat Co. are developing advanced formulations to address seismic safety and durability requirements. Smart building solutions integrated with dry mix mortar are gaining traction in the Japanese construction industry.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
South Korea's dry mix mortar market is witnessing consolidation as leading firms like KCC Corporation and Hyundai L&C expand their portfolios through acquisitions. The rise in high-rise residential projects and commercial buildings is driving the demand for ready-to-use mortar solutions, contributing to market consolidation and growth.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
Singapore's dry mix mortar market is rapidly evolving, with an emphasis on sustainable construction practices. Companies such as Sika AG are introducing innovative and eco-friendly products tailored for the local market. Collaborative R&D projects between global players and Singaporean research institutes are enhancing product quality and application techniques.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
The United States remains a dominant player in the global dry mix mortar market, driven by large-scale construction projects and advancements in manufacturing technologies. Key companies like Quikrete and LafargeHolcim are investing in production capacity expansion to meet rising demand. Recent mergers and acquisitions, such as LafargeHolcim's partnership with Firestone Building Products, underscore the competitive dynamics of the US market.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ
Europe's dry mix mortar market is thriving, propelled by strict environmental regulations and a focus on energy-efficient construction. Countries like Germany, France, and the UK are leading the market, with companies such as BASF SE and Cemex driving innovation in product development. Collaborative efforts with European construction firms are further boosting market adoption.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Dry-Mix-Mortar-Market/918
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ:
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
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ซ๐ฒ ๐๐ข๐ฑ ๐๐จ๐ซ๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
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)
Ramco Cements Limited (India)
Henkel AG & Co. KGaA (Germany)
BASF (Germany)
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Dry-Mix-Mortar-Market/918
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Cochineal Extract Market https://www.stellarmr.com/report/Cochineal-Extract-Market/1894
Gemstone Certification Market https://www.stellarmr.com/report/Gemstone-Certification-Market/1901
Thermal Underwear Market https://www.stellarmr.com/report/Thermal-Underwear-Market/1904
Cassava Market https://www.stellarmr.com/report/Cassava-Market/1917
Baked Chips Market https://www.stellarmr.com/report/Baked-Chips-Market/1918
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
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