The global demand for Special Mortar Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Regarding volume, the market was calculated XX Kilo Tons in 2020 and forecast to touch XX Kilo Tons by 2027 with a CAGR of XX% during 2021-2027.
Traditional mortar in construction is mainly needed for masonry work, plastering, and pointing. It serves many significant functions: binding, strength, cohesion, uniformity, and filling up empty joints. However, a special mortar performs all these functions along with a special. Special mortars are provided with some advantages and are proposed to replace conventional mortar significantly. They are meant for special construction requirements such as fire-resistant, lightweight, packing, sound-absorbing, waterproof, and X-ray shielding buildings.
Special mortars are especially helpful when constructing an industrial building. Industrial buildings are built with special considerations and care to ensure workers and surrounding people’s safety. They have to be made with unique properties depending upon the type of industry and hazard threat. Special mortars play a critical role when building such industrial buildings. Other than industrial settings, special mortar also finds its significance in building commercial places such as theatres, hospitals, and others. The special mortar market is anticipated to grow with stringent industrial building regulation, growing explosion and fire accidents in industries, and growing awareness about workers' safety. Rapid industrialization, construction, and globalization are influencing the market growth. Businesses and production facilities are expanding, positively reflecting on special mortar demand. However, inadequate industrial structure regulation and the high cost of special mortar limit market growth to some extent.
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 an inclusive assessment of each segment in the global market of special mortar. The growth and trends of Special Mortar Industry provide a holistic approach to this study.
This section of the special mortar market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Wet Ready to Apply
- Dry Ready to Apply
By Function Type
- Cement Clay Mortar
- Gauged Mortar
- Decorative Mortar
- Fire-resistant Mortar
- Lightweight Mortar
- Packing Mortar
- Sound-absorbing Mortar
- X-ray Shielding Mortar
- Chemical Resistant Mortar
- Water Proof Mortar
This section covers the regional outlook, which accentuates current and future demand for the Special Mortar market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Special 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 special mortar market include MAPEI, Custom Building Products, Bostik, RONA (Lowe's), H.B. Fuller, PROMA, W. R. MEADOWS, and Sika. This section consists of 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 based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.