Dry Mix Mortar Market Growth Accelerates: Strategic Forecast Predicts $51.19 Billion by 2029

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What Will the Dry Mix Mortar Industry Market Size Be by 2025?
The size of the dry mix mortar market has significantly expanded in the past few years. Its expected growth is from $37.77 billion in 2024 to $40.24 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. The surge during the historic period is due to the escalation of construction activities in budding economies, an enhanced inclination towards pre-mixed commodities, the rising requirement for efficient construction methodologies, an increase in real estate investments, and the escalating adoption of contemporary construction techniques.

What's the Long-Term Growth Forecast for the Dry Mix Mortar Market Size Through 2029?
The market for dry mix mortar is predicted to experience robust expansion in the subsequent few years. The market is projected to surge to $51.19 billion by 2029, registering a Compound Annual Growth Rate (CAGR) of 6.2%. This escalation during the forecast period is tied to increasing demand for superior quality construction supplies, growing appeal of smart cities and urban residencies, heightened concern for energy-efficient structures, a considerable shift to mechanical application procedures, and a rising focus on the speed and quality of construction. Key trends anticipated during the forecast span encompass the development of lightweight mortar solutions, creation of high-adhesion mortars for tiles and stones, fusion with digital supply chain systems, incorporation of robotic spraying machinery, and advancements in waterproofing technologies.

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What Are the Key Growth Drivers Fueling the Dry Mix Mortar Market Expansion?
The rise in construction ventures is anticipated to stimulate the development of the dry mix mortar industry in the future. Construction activities encompass the procedures involved in erecting, modifying, or renovating structures like buildings, roads, bridges, and other elements of infrastructure. The surge in these construction activities is primarily due to the swift urbanization, resulting in an increased demand for residential, commercial, and infrastructure growth. Dry mix mortar is utilized in construction to offer immediately employable, high-efficiency materials that guarantee quicker application, enhanced quality, and diminished labor at the construction site. For example, the Australia Bureau of Statistics, an administration organization founded in Australia, reported an uptick in the number of dwellings under construction in July 2023. The figure escalated from 240,065 units in 2022 to 240,813 units in 2023. Therefore, the amplified construction activities are fueling the expansion of the dry mix mortar market.

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What Are the Key Trends Driving Dry Mix Mortar Market Growth?
Prominent firms in the dry mix mortar industry are concentrating on creating innovative offerings like ready-to-use blended sand-cement mixes to amplify construction pace and lessen manual labor on-site. These ready-to-use blended sand-cement mixes, a prepackaged dry mix mortar encompassing an even mix of sand, cement, and additives, are designed for immediate use at construction sites, negating the need for mixing onsite. For instance, in March 2023, Malabar Cements Limited, a company from India specializing in cement, launched a dry mix solution devised for plastering purposes. This specially-formulated mix of sand, cement and other additives is meant to provide high bonding capacity, increased strength, excellent water holding capacity, and broad coverage. The ready-to-use composition guarantees cost efficiency, simplicity of usage, and quicker implementation compared to conventional plastering techniques. The product is prepared via machine-drying sand and mixing it with cement in exact ratios, ensuring reliable quality, expanded coverage, rapid application, and reduced waste of material.

How Is the Dry Mix Mortar Market Segmented?
The dry mix mortar market covered in this report is segmented -

1) By Product Type: Cement Grouts, Bonding Mortar, Thin Joint Mortars, Floor Screeds, Gypsum Plaster, Other Products
2) By Admixtures: Methyl Hydroxyethyl Cellulose (MHEC), Methyl hydroxypropyl Cellulose (MHPC), Methyl Cellulose, Re-Dispersible Polymer Powder, Other Admixtures
3) By Application: Plaster, Tile Adhesive, Render, Grout, Waterproofing Slurry, Insulation And Finishing Systems, Concrete Protection And Renovation, Offshore Anchoring Grouts, Other Applications
4) By End Use Industry: Residential Construction, Commercial Construction, Industrial Construction

Subsegments:
1) By Cement Grouts: Tile Grouts, Repair Grouts, Precision Grouts, Waterproof Grouts
2) By Bonding Mortar: Masonry Adhesive, Plaster Bonding Agent, Tile Adhesive Mortar
3) By Thin Joint Mortars: Autoclaved Aerated Concrete Block Mortar, Lightweight Block Mortar, High-Strength Thin Bed Mortar
4) By Floor Screeds: Self-Leveling Screed, Traditional Screed, Fast-Drying Screed
5) By Gypsum Plaster: Machine-Applied Plaster, Hand-Applied Plaster, Skim Coat Plaster
6) By Other Products: Waterproofing Mortars, Repair Mortars, Decorative Plasters, Thermal Insulation Mortars

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Which Companies Are Leading the Charge in Dry Mix Mortar Market Innovation?
Major Companies operating in the dry mix mortar market are BASF SE, The Dow Chemical Company, Weber Saint-Gobain S.A, Holcim Ltd., Cemex S.A.B. de C.V., Sika AG, Knauf Gips KG, UltraTech Cement Ltd., Wacker Chemie AG, MAPEI S.p.A., Pidilite Industries Limited., Fosroc International Ltd., ARDEX GmbH, LATICRETE International Inc., Kerakoll S.p.A., KNAUF Plasterboard Ltd., Chemax Construction Chemicals Ltd., DryMix Solutions LLC, Henkel AG And Co. KGaA, Loba GmbH And Co. KG, Terraco Holdings Ltd

Which Regions Are Leading the Global Dry Mix Mortar Market in Revenue?
Asia-Pacific was the largest region in the dry mix mortar market in 2024. The regions covered in the dry mix mortar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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