The global demand for Dry Mortar Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
The dry motor is a mixture of cement, sand, minerals, functional additives, and polymers, in specific proportions. It is a factory pre-batched multi-ingredient component used in the construction industry for masonry construction, flooring, plastering, and finishing. Dry mortar is conveyed in bulk with a pneumatic pumping system to the application's location, enabling faster and continuous work at the site. Dedicated facilities are used to batch & blend all the necessary ingredients in a highly controlled process to produce a mixture with excellent technical properties. There is minimal space required for storage and significantly less supervision required, which leads to a reduction in inventory cost.
The growing demand for materials to enable faster construction on a massive scale will drive this market' growth. The increased adoption of dry mortar to improve the industrial structure, the construction industry's modernization, and reduction in cement waste and the project cost will be a market booster. This hassle-free and easy to apply product will witness a surge in demand in various areas like social infrastructure, schools, hospitals, government accommodation, water, defense infrastructure, and water resources. The emerging trend of green building certifications will provide more opportunities for the growth of this market. The various concerns about dry mortar use are higher chances of shrinkage, an improper bond if not appropriately mixed, and inability to use it for repairs or filling cracks.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of dry mortar.
The entire dry mortar market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Bricklaying/ Masonry Mortar
- Floor Screeds, Include Thick Floor Screeds and Thin Floor Screeds (SLU)
- Tile Adhesives/ Grouts
- Wall Renders and Plasters (Interior and Exterior)
- EIFS Products (Major EPS and XPS)
- Construction Industry
- Home Decoration Industry
This section covers regional segmentation which accentuates on current and future demand for dry mortar market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Dry Mortar Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the dry mortar market include Sika, Baumit, Mapei, Saint-Gobain Weber, BASF, Henkel, Knauf, Ardex, Sto, Bostik. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.