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2025-2034 Mortars Market Roadmap: Insights for Competitive Advantage

08-21-2025 12:44 PM CET | Aerospace & Defense

Press release from: The Business research company

Mortars Market

Mortars Market

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How Large Will the Mortars Market Size By 2025?
The size of the mortars market has experienced robust growth in the past few years. Expected to rise from $32.28 billion in 2024 to $33.96 billion in 2025, this represents a compound annual growth rate (CAGR) of 5.2%. This significant growth during the historic period can be traced back to multiple factors - an expanded usage of mortars in tile fixing and waterproofing solutions, enhanced government expenditure on public infrastructure, a surge in demand for energy-conserving buildings, an upscaling in the construction of commercial premises, and the rising trend of lightweight and specialty mortars.

How Big Is the Mortars Market Size Expected to Grow by 2029?
Steady growth is anticipated in the mortars market size over the next few years. A compound annual growth rate (CAGR) of 4.9% is expected to scale it up to $41.11 billion by 2029. Factors contributing to this growth during the forecast period include a surge in urbanization, an increase in infrastructure development, rising demand for renovation and remodeling, greater usage of dry mix mortars, and amplified investment in smart city initiatives. Notable trends for the forecast duration encompass progressions in dry mix mortar technology, integration of automated mixing systems, technological advancements in polymer-modified mortars, the uptake of 3D printing within the construction industry, and the evolution of self-healing mortars.

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Which Key Market Drivers Powering Mortars Market Expansion and Growth?
The escalating construction operations are predicted to drive the growth of the mortars market in the future. The term construction activities encompasses the wide range of processes that go into constructing, refurbishing or altering infrastructural elements like buildings, roads or bridges. The expansion of these activities can be attributed to urbanization, as the increasing urban population leads to a surge in demand for residential, commercial, and infrastructural developments. Mortars play a pivotal role in these activities by ensuring a robust bond between construction materials, thus offering structural stability and durability. Furthermore, mortars boast easy application and efficient gap filling properties, thereby enhancing the overall construction quality and productivity. For instance, construction expenditure in the USA as stated by the United States Census Bureau, a governmental agency, surged to $2,156,495 million in 2024, a significant increase from $2,023,662 million in the previous year, 2023. Thus, the increasing construction activities are expected to foster the growth of the mortars market.

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Which Fast-Growing Trends Are Poised to Disrupt the Mortars Market?
Leading firms in the mortars market are prioritizing the creation of innovative products like modular mortar systems, which improve mobility, precision, and operational effectiveness in contemporary warfare. A modular mortar system is an adaptable mortar arrangement that can be easily configured, mobilized, and integrated with current technology to boost operational efficiency and adaptability. For example, Patria Plc, an international defense and technology company based in Finland, introduced the Patria TREMOS in October 2024. This modular mortar system aims to update traditional mortars by delivering quick mobility, increased firepower, and improved accuracy at a reduced cost, while easily integrating on various vehicles and being compatible with existing ammunition. Key advantages include swift deployment and instant relocation, dramatically enhancing survival and operational adaptability for infantry fire support in modern warfare.

What Are the Emerging Segments in the Mortars Market?
The mortars market covered in this report is segmented -

1) By Type Of Mortar: Cement Mortar, Gypsum Mortar, Lime Mortar, Ready-Mix Mortar
2) By Product Formulation: Premixed Mortar, Custom Formulated Mortar, Additive-Enhanced Mortar
3) By Distribution Channel: Direct Sales, Retail Supply Stores, Online Platforms, Wholesalers And Distributors
4) By Application Area: Residential Construction, Commercial Construction, Industrial Construction, Infrastructure Projects
5) By End User: Contractors, Builders, Architects, Do-It-Yourself Enthusiast

Subsegments:
1) By Cement Mortar: Portland Cement Mortar, White Cement Mortar, Masonry Cement Mortar
2) By Gypsum Mortar: Gypsum Plaster Mortar, Gypsum-Based Ready-Mix Mortar
3) By Lime Mortar: Hydraulic Lime Mortar, Non-Hydraulic Lime Mortar
4) By Ready-Mix Mortar: Ready-Mix Cement Mortar, Ready-Mix Lime Mortar, Ready-Mix Gypsum Mortar

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Who Are the Global Leaders in the Mortars Market?
Major Companies operating in the mortars market are BASF SE, Holcim Group, CEMEX S.A.B. de C.V., Sika AG, H.B. Fuller Company, Bostik S.A., Forbo Holding AG, Pidilite Industries Limited, Fosroc International Ltd., ARDEX GmbH, Baumit GmbH, Custom Building Products Inc., Knauf Gips KG, Dryvit Systems Inc., Grupo Puma S.L., Hanil Cement Co. Ltd., Saint-Gobain Weber S.A, Caparol, CPI Mortars Ltd., Henkel Polybit Industries Ltd., Adhesive Technology Ltd., Mapei S.p.A., Quick-mix Gruppe GmbH & Co. KG, AdePlast S.A.

Which are the Top Profitable Regional Markets for the Mortars Industry?
Asia-Pacific was the largest region in the mortars market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the mortars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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