Press release
Mortar Mixing Equipment Market Set to Reach $5.19 Billion by 2029 with 7.7% Yearly Growth
Mortar Mixing Equipment Market Research
The mortar mixing equipment market has expanded steadily in recent years. It is expected to increase from $3.56 billion in 2024 to $3.85 billion in 2025, with a CAGR of 8.1%. The past growth was driven by the expansion of the construction industry, infrastructure development, urbanization trends, evolving environmental regulations, and advancements in material innovation.
The mortar mixing equipment market is expected to experience steady growth in the coming years. It is expected to reach $5.19 billion in 2029, growing at a CAGR of 7.7%. Growth drivers include investments in R&D, market consolidation and acquisitions, a focus on safety features, the rise of prefabricated construction, and a boom in residential construction. Key trends include an emphasis on durability and longevity, customization for specific applications, user-friendly interfaces, advanced material compatibility, and automation and robotics.
What Are the Forces Behind the Rapid Growth of the Mortar Mixing Equipment Market?
The surge in construction activities is expected to drive the mortar mixing equipment market. Construction encompasses the building of homes, factories, highways, and bridges. Mortar mixing equipment plays a vital role in construction by improving efficiency and productivity. In February 2024, the National Association of Home Builders (NAHB), a US-based trade association, reported that construction spending in the United States increased from approximately $650 billion in 2021 to $800 billion in 2022. Consequently, the rising construction activities are boosting the mortar mixing equipment market.
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Who Are the Dominant Companies Influencing Mortar Mixing Equipment Market Trends?
Major companies operating in the mortar mixing equipment market report are Sany Heavy Industry Co. Ltd., Sika AG, Zoomlion Heavy Industry Science & Technology Co. Ltd., The Toro Co., HB Fuller, Forbo Flooring B.V., Quick Mix Beton L.L.C., Multiquip Inc., IMER Group, Dryvit Systems Inc., Bartell Machinery Limited, MBW Inc., Allen Engineering Corp., Stone Construction Equipment Inc., Arcen Tech Private Limited, Belle Group, Knauf BV, EZG Manufacturing, Crown Construction Equipment, Aimix Group Co. Ltd., Quikspray Inc., Collomix GmbH, Lino Sella, Pemat Mischtechnik GmbH, Ruby Tools Pvt. Ltd., Zimmerman Industries Inc., Qingdao Xinxing Construction Machinery Co. Ltd., Mizar Técnicas de Mezclado S.L., Qinhuangdao PUDA Electronics Co. Ltd., Zhengzhou MG Industrial Co. Ltd
How Is the Mortar Mixing Equipment Market Evolving?
Leading companies in the mortar mixing equipment market are focusing on technological advancements and automation to maximize revenue. Automation in mortar mixing equipment involves leveraging technology to streamline the process of mixing cement pastes and mortar. For instance, in January 2022, Holcombe Mixers, a US-based machinery company, introduced the next-generation G2 volumetric concrete mixer. The G2 volumetric mixer features an Intellicrete control system, a WaterSmart moisture control system, and an InsightFlow cement feed mechanism. The Intellicrete system optimizes admixture usage, ensuring consistency with concrete production rates, resulting in high-quality output. Additional features include pre-pour checklists, on-screen calibration, mix design programming, and safety instructions to enhance accuracy and efficiency.
What Are the Different Segmentations in the Mortar Mixing Equipment Market?
The mortar mixing equipment market covered in this report is segmented -
1) By Type: Twin Shaft Mixer, Diesel Mixer, Drum Rotating Mixer, Tilting Mixer, Non-Tilting Mixer
2) By Application: Tile Adhesive, Water-Proofing Slurry, Concrete, Insulation, Other Applications
3) By End Use Industry: Industrial Construction, Residential Construction, Commercial Construction
Subsegments:
1) By Twin Shaft Mixer: Continuous Twin Shaft Mixer, Batch Twin Shaft Mixer
2) By Diesel Mixer: Portable Diesel Mixer, Stationary Diesel Mixer
3) By Drum Rotating Mixer: Vertical Drum Mixer, Horizontal Drum Mixer
4) By Tilting Mixer: Manual Tilting Mixer, Electric Tilting Mixer
5) By Non-Tilting Mixer: Gravity Non-Tilting Mixer, Fixed Non-Tilting Mixer
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Which Region Is at the Forefront of the Mortar Mixing Equipment Market?
North America was the largest region in the mortar mixing equipment market in 2024. The regions covered in the mortar mixing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Is Covered In The Mortar Mixing Equipment Global Market Report?
- Market Size Analysis: Analyze the Mortar Mixing Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Mortar Mixing Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Mortar Mixing Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Mortar Mixing Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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