Top Market Shifts Transforming the Technical Mortar Market Landscape: Key Insights

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What Is the Expected CAGR for the Technical Mortar Market Through 2025?
The market size of technical mortar has experienced significant growth in the recent past. The market is expected to expand from $3.86 billion in 2024 to $4.10 billion in 2025, representing a compound annual growth rate (CAGR) of 6.4%. The surge in growth during the historical period can be traced back to factors such as growing urbanization, increased government spending on infrastructure, the booming construction industry, a heightened need for refurbishment and maintenance of outdated infrastructure, and a rising consciousness about structural safety.

What's the Projected Size of the Global Technical Mortar Market by 2029?
Over the next few years, the technical mortar market is predicted to demonstrate robust growth. The market is projected to escalate to $5.20 billion by 2029 with an annual compounded growth rate of 6.1%. Various factors contributing to the expected market growth in the coming years include an increase in prefabrication and modular construction, a more pronounced focus on sustainable building, amplified need for high-rise structures, strict building rules and guidelines, and expansion in the domain of transportation infrastructure. Key market trends anticipated through the forecast period encompass the implementation of digital construction technologies, the utilization of self-healing and nanotechnology mortars, advancements in material technology, the creation of environmentally-friendly products, and progress in 3D printing technologies.

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Top Growth Drivers in the Technical Mortar Industry: What's Accelerating the Market?
The anticipated surge in construction and infrastructure development is set to boost the growth of the technical mortar market. Construction and infrastructure involve the design, construction, and maintenance of important physical facilities and structures such as roads, bridges, buildings, and utilities which fuel economic growth and facilitate daily life. The uptick in construction and infrastructure development is attributed to heightened government investment in transport projects to enhance connectivity and bolster economic growth. Technical mortar, utilized in construction and infrastructure, offers excellent bonding, durability, and protective characteristics, making it indispensable for brickwork, concrete repairs, and waterproofing in buildings, bridges, and other essential structures. For example, the Office for National Statistics, a government department based in the UK, reported in July 2024 that total general government investment in infrastructure rose by 9.6% in 2022, hitting $35.27 billion (£26.0) at current prices relative to 2021. Hence, the prospering construction and infrastructure development is fuelling the expansion of the technical mortar market.

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What Trends Will Shape the Technical Mortar Market Through 2029 and Beyond?
Leading enterprises involved in the technical mortar market are concentrating on the development of ground-breaking mortar technology solutions, including 3D-printing mortar formulations tailored specifically to improve the efficiency in construction and minimize material waste in intricate architectural and infrastructure projects. Speaking of 3D-printing mortar formulations, they are specialized mortar mixtures that offer enhanced fluidity, quick solidification, and strong layer bonding, thus facilitating automated construction in 3D concrete printing applications. For example, in the first month of 2025, Holcim Group, a company that deals with building material and is based in Switzerland, introduced Tector 3D Mortar, specifically engineered for application in 3D printing in construction. This was a collaborative development initiative with Teknix, a local machine manufacturer. Incorporating elements like cement, sand, and specialized additives, Tector 3D Mortar paves the way for 3D printing of full-scale building components. It fosters local innovative endeavors and manufacturing abilities, despite not being as strong as traditional cement. This new solution enables material efficiency by placing these materials precisely where needed, thus doing away with the requirement of formwork. It also provides design flexibility and hastens the construction process.

What Are the Main Segments in the Technical Mortar Market?
The technical mortar market covered in this report is segmented -

1) By Product Type: Cement-Based Mortar, Gypsum-Based Mortar, Polymer-Modified Mortar, Epoxy-Based Mortar, Other Specialty Mortars
2) By Functionality: Load-Bearing Mortar, Non-Load-Bearing Mortar, Waterproofing Mortar, Insulating Mortar, Fire-Resistant Mortar
3) By Application: Flooring, Plastering, Bricklaying, Tiling, Concrete Repair
4) By End-User Industry: Construction, Infrastructure Development, Residential Buildings, Commercial Buildings, Industrial Buildings

Subsegments:
1) By Cement-Based Mortar: Tile Adhesive Mortar, Repair Mortar, Grout Mortar, Masonry Mortar
2) By Gypsum-Based Mortar: Gypsum Plaster, Gypsum Tile Adhesive, Self-Leveling Gypsum Mortar
3) By Polymer-Modified Mortar: Polymer-Modified Tile Adhesives, Polymer-Modified Repair Mortar, Polymer-Modified Grouts, Waterproofing Mortar
4) By Epoxy-Based Mortar: Epoxy Tile Adhesives, Epoxy Grouts, Epoxy Repair Mortar, Chemical-Resistant Mortar
5) By Other Specialty Mortars: Fire-Resistant Mortar, Insulating Mortar, Acoustic Mortar, High-Temperature Mortar

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Which Top Companies are Driving Growth in the Technical Mortar Market?
Major Companies operating in the technical mortar market are BASF SE, Compagnie de Saint-Gobain S.A., Holcim Limited, Henkel AG & Co. KGaA, CEMEX S.A.B. de C.V., Sika AG, MAPEI S.p.A., H.B. Fuller Company, Bostik SA, The Quikrete Companies LLC, Pidilite Industries Limited, Ardex GmbH, IVAS Industria Vernici S.p.A., Zhejiang Taizheng Construction Material Co. Ltd., Cementos Capa S.A. de C.V., Laticrete International Inc., Buzzi Unicem S.p.A., The Euclid Chemical Company, W. R. Meadows Inc., Remmers Gruppe AG, Garon Products Inc., USL Group (Pty) Ltd.

Which Regions Will Dominate the Technical Mortar Market Through 2029?
Asia-Pacific was the largest region in the technical mortar market in 2024. The regions covered in the technical mortar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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