On : 10 february 2025
• The global Dry Mortar market was valued at US$ 53,824 million in 2023 and is projected to grow at a CAGR of 6.30% during the forecast period, reaching US$ 81,536 million by 2030. This robust growth is driven by increased construction activities, rapid urbanization, and rising demand for efficient building materials. Historical trends reveal a steady rise in the adoption of dry mortar due to its versatility and superior performance compared to traditional materials. In terms of production, the market is segmented across various regions, with Asia-Pacific and Europe dominating the output.
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• Dry mortar refers to pre-mixed construction materials consisting of cement, sand, mineral binders, and other additives. These materials are combined in specific proportions at manufacturing facilities to create a ready-to-use mixture. Dry mortars are used for various applications, such as masonry, plastering, flooring, and tiling, eliminating the need for on-site mixing. Their ease of use, consistent quality, and reduced construction time make them a popular choice in the construction industry.
• The global dry mortar market is moderately fragmented, with major players accounting for approximately 13.94% of total revenue in 2023. Key companies focus on product innovation, strategic partnerships, and geographic expansion to maintain competitive advantage.
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By Types
• Bricklaying/Masonry Mortar
• Used for bonding bricks and blocks, ensuring structural stability.
• Floor Screed
• Provides a smooth, level surface for flooring applications.
• Tile Adhesives/Grouts
• High demand in tiling projects due to their superior bonding and aesthetic properties.
By Applications
• Construction Industry
• The largest application segment, encompassing residential, commercial, and industrial construction. Dry mortar is extensively used for masonry, plastering, and flooring.
• Home Decoration Industry
• Increasing demand for aesthetic finishes and modern designs drives the use of tile adhesives, grouts, and wall renders in home decoration.
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