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Dry Mix Mortar Market to Hit $90.83 Billion by 2032, Growing at a 5% CAGR from 2024

01-10-2025 04:07 AM CET | Chemicals & Materials

Press release from: STELLAR MARKET RESEARCH

Dry Mix Mortar Market

Dry Mix Mortar Market

๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ 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.

๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

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.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.stellarmr.com/report/req_sample/Dry-Mix-Mortar-Market/918

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

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.

๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

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.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.stellarmr.com/report/enquire_now/Dry-Mix-Mortar-Market/918

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ
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.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ
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.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง'๐ฌ ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ
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.

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š'๐ฌ ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ
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.

๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž'๐ฌ ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ
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.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’ ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ
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.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž'๐ฌ ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ
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.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ:https://www.stellarmr.com/report/req_sample/Dry-Mix-Mortar-Market/918

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

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ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐ƒ๐ซ๐ฒ ๐Œ๐ข๐ฑ ๐Œ๐จ๐ซ๐ญ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

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…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Dry-Mix-Mortar-Market/918

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

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

๐€๐›๐จ๐ฎ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
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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