Global Dry Mortar Market Overview:
Dry mortar is defined as the construction material which is made of limestone powder, cement, sand, and other materials. It is mostly available at a building supply store. It is also known as dry premixed mortar or hydraulicity cement mortar. Numerous advantages of using dry mortar such as no need for a mixer produced high quality, reduction on the labor force, the product can be mixed anywhere, higher productivity, among others. It is also used for decorative finishes.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Demand from the Construction Industry Activities Worldwide
Market Growth Drivers:
Increasing usage of dry mortar in various applications such as plaster, render, tile adhesive, and grout, among others
Challenges:
A problem regarding lack of Awareness in some regions such as Africa and Asia-Pacific
Restraints:
Issue related to high prices of dry mix mortars, as compared to conventional mortars
Opportunities:
Rising Demand from Emerging Economics Market such as China, India, among others
Competitive Landscape:
The dry mortar battery market appears to be highly fragmented and with the presence of several companies including Saint-Gobain Weber S.A. (France), Materis SAS (France), Sika AG (Switzerland), among others
Some of the key players profiled in the report are Saint-Gobain Weber S.A. (France), Materis SAS (France), Sika AG (Switzerland), Henkel AG & Co. KGaA (Germany), Mapei SpA (Italy), ARDEX GmbH, (Germany), BASF SE (Germany), Baumit GmbH (Germany), Bostik SA (France), Knauf Gips KG (Germany) and Other. Additionally, following companies can also be profiled that are part of our coverage like CBP (France), CAPAROL Farben Lacke Bautenschutz GmbH (Germany), Cemex (Mexico), HB Fuller (United States), Quick-Mix Holding Gmbh & Co. Kg (Germany), Dryvit Systems Inc. (United States), Hanil Cement Co.,Ltd. (South Korea) and S.C. Adeplast S.A. (Romania). Analyst at AMA Research see Germany Manufacturers to retain maximum share of Global Dry Mortar market by 2030. Considering Market by End-user Industry, the sub-segment i.e. Residential will boost the Dry Mortar market.
Latest Market Insights:
In December 2023, LafargeHolcim launched its new lightweight pre-mixed mortar, offering improved thermal insulation and reduced installation time. This product caters to the growing demand for energy-efficient building materials and offers benefits for both construction professionals and homeowners.
In November 2023, German building materials giant Heidelberg Materials acquired Italcementi Group's dry mortar business in Italy and selected international markets. This deal strengthens Heidelberg's position in the European dry-mortar market and expands its reach into new territories
What Can be Explored with the Dry Mortar Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Dry Mortar Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Dry Mortar
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Dry Mortar market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Dry Mortar market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Dry Mortar Component Manufacturers and Distributors, Row Material Providers, End-User Verticals, Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.