Top Market Shifts Transforming the Dry Mix Mortar Additives And Chemicals Market Landscape: Key Insights

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What Is the Expected CAGR for the Dry Mix Mortar Additives And Chemicals Market Through 2025?
The recent robust growth of the dry mix mortar chemicals and additives market size is notable. The upward trend is expected to continue, with projections indicating a rise from $22.77 billion in 2024 to $24.55 billion in 2025, thus registering a compound annual growth rate (CAGR) of 7.8%. The past growth in these markets can be traced back to various factors including the ongoing urbanization and infrastructure development, surging demand for effective construction materials, heightened consciousness about energy-saving construction, the government's push for affordable housing projects, and the mounting popularity of ready-to-use construction solutions.

What's the Projected Size of the Global Dry Mix Mortar Additives And Chemicals Market by 2029?
The dry mix mortar additives and chemicals market size is expected to see strong growth in the next few years. It will grow to $32.77 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to rapid infrastructure growth in developing nations, growth of smart cities projects, increasing investment in transportation infrastructure, a surge in prefabricated construction, and rising demand for fire-resistant materials. Major trends in the forecast period include nanomaterials for enhanced performance, integration of self-healing concrete additives, bio-based and eco-friendly chemical formulations, 3D printing with dry mix mortar, and AI and data analytics in formulation design.

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Top Growth Drivers in the Dry Mix Mortar Additives And Chemicals Industry: What's Accelerating the Market?
An increase in interest for environmentally friendly building practices is anticipated to boost the evolution of the dry mix mortar additives and chemicals market. Sustainable construction is defined as construction strategies that minimize environmental harm and utilize resources proficiently. The surge in sustainable construction demand can be attributed to the regulatory emphasis on decreasing carbon emissions. Governments are implementing tougher green building regulations and climate rules, encouraging constructors to incorporate eco-friendly methods to adhere to these rules and avoid penalties. Dry-mix mortar additives and chemicals contribute to this endeavor by enhancing water retention, adhesion, and lifespan of mortar, thus prolonging the life of buildings and cutting down the need for repairs and waste of materials. For instance, as per the US Green Building Council, a non-profit organization based in the US, they were involved in over 46,000 housing projects certified under the Leadership in Energy and Environmental Design (LEED) green building rating system in July 2024. There was almost a 5% increase in new LEED residential project registrations in 2023. Therefore, this escalating demand for sustainable construction is leading to the expansion of the mortar additives and chemicals market.

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What Trends Will Shape the Dry Mix Mortar Additives And Chemicals Market Through 2029 and Beyond?
Leading entities in the dry mix mortar additives and chemicals industry are prioritizing technological innovations, including the use of natural cellulose ether-based thickeners, in order to improve the performance and sustainability of their products. These thickeners are essentially water-soluble polymers emanating from naturally occurring cellulose, or plant fiber, which undergo chemical alterations to boost water retention, thickness, and manageability in items such as paints and dry mix mortars. For example, in April 2022, Nouryon Chemicals Holding B.V., a Dutch specialty chemicals company, unveiled Bermocoll FLOW cellulose ether, a natural substitute engineered to provide superior spatter resistance and minimal splash, while simultaneously enhancing the flow and leveling characteristics in water-based paints and mortars. This product boasts distinct features that augment performance and sustainability in waterborne paints, coatings, and similar chemicals. It consistently provides excellent flow and leveling while retaining a stable viscosity over a broad pH and temperature spectrum. Bermocoll FLOW also improves sag resistance, water preservation, and ease of application, guaranteeing a flawless and proper film formation. It minimizes spatter and improves brushability, facilitating a cleaner and simpler application process. The product is able to conform with environmental standards by enabling lower VOC formulations. Its compatibility with a broad range of formulations means it can be used by formulators to craft high-quality, environmentally conscious chemicals and products with consistent quality.

What Are the Main Segments in the Dry Mix Mortar Additives And Chemicals Market?
The dry mix mortar additives and chemicals market covered in this report is segmented -

1) By Type: Additives, Chemicals
2) By Type Of Additive: Binders, Formulators, Modifiers, Adhesives
3) By Functionality: Water Resistance, Heat Resistance, Strength Enhancement, Durability Improvement, Adhesion Promotion
4) By Application: Residential Construction, Commercial Construction, Infrastructure Development, Renovation And Repair
5) By End-User Industry: Construction Industry, Manufacturing Industry, Infrastructure And Road Works, Real Estate Development, Do It Yourself (DIY) Projects

Subsegments:
1) By Additives: Cellulose Ether, Redispersible Polymer Powder (RDP), Air Entraining Agents, Water Retention Agents, Thickening Agents, Superplasticizers, Accelerators, Retarders, Anti-Cracking Agents
2) By Chemicals: Cementitious Materials, Pozzolanic Materials, Lime, Gypsum, Hydration Control Chemicals, Pigments And Coloring Agents

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Which Top Companies are Driving Growth in the Dry Mix Mortar Additives And Chemicals Market?
Major companies operating in the dry mix mortar additives and chemicals market are BASF SE, Dow Inc., Compagnie de Saint-Gobain S.A., Shin-Etsu Chemical Co Ltd., Evonik Industries AG, Sika AG, Wacker Chemie AG, Nouryon Chemicals Holding B.V., MAPEI S.p.A., Ashland Inc., Innospec Inc., Avebe U.A., Rudolf GmbH, Lotte Fine Chemical Co Ltd., Firstchoice Specialty Chemicals Pvt Ltd, Bisley International LLC, Celotech Chemical Co Ltd., Sidley Chemical Co Ltd., Mikem Chemical Co Ltd., Kundu Chemicals.

Which Regions Will Dominate the Dry Mix Mortar Additives And Chemicals Market Through 2029?
North America was the largest region in the dry mix mortar additives and chemicals market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dry mix mortar additives and chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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