Dry Mortar Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
116838 | Date :
Feb, 2023 | Pages :
186 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Dry Mortar industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Dry Mortar by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Dry mortar is dry powder or granular material made by mixing dried screening process of fine aggregate, cementitious materials, additives, fillers, etc. Most of the dry mortar products contain both mineral cementitious binder (e.g. OPC) and polymer binder (e.g. re-dispersible powder) and they are normally packed in bags after mixing in the factory.
Dry mortars offer three main advantages: firstly, they reduce quality problems caused by improper mixing conditions on small job-sites; secondly, they allow building much faster with ready-to-use, high performance products; thirdly, the save on labor costs.
In recent years, with the continuous improvement of the national environmental protection requirements, it has become an urgent task of the local building authorities to promote the use of dry mortar. One key factor that has been driving the demand is the ability of these products to save labor costs. With the use of specialized application equipment, substantial improvement in workmen efficiency and Production has been reported due to the use of these products.
From the historical experience of developed countries in Europe and America, the dry mortar is mainstream and trend of ready-mixed mortar market. In Europe, dry mortar occupies more than 90% of all the mortar products.
Currently, the global dry mortar market is gradually shifting to Asia, especially China market is a top priority. Demand for building mortar should be 350-600 million tons and the production of dry mortar is only 6% of the demand. It still has room for dry mortar products to substitute the other construction mortar products. But the most challenge for China dry mortar market is the high production capacity and low utilization. With the investment growth of real estate slow down, the growth of dry mortar will keep a decreasing trend in future.
Dry mortar is a low concentration ratio industry. There are thousands of manufacturers in this industry. The production market share of Weber is about 4.26% in 2017, which is the No.1 of the global Dry mortar industry. The other competitors include, PAREX (FR), Sika (CH), Henkel (FR), Mapei (IT), Sto (DE), Ardex (DE), BASF (DE), Yuchuan Group (CN), BBMG Mortar (CN), Sichuan Gaoyu Building (CN), Guangzhou Ying Jian (CN), etc. The competition status wouldn\'t be change in the short term. The growth of dry mortar industry depends on the growth of real estate market.
The report forecast global Dry Mortar market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Dry Mortar market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Dry Mortar according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Bricklaying/ Masonry mortar
Floor Screeds
Tile Adhesives/Grouts
Wall Renders and Plasters
EIFS Products (major EPS and XPS)
Other Market by Application
Construction Industry
Home Decoration Industry
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Dry Mortar market for the forecast period 2023 - 2030?
• What are the driving forces in the Dry Mortar market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Dry Mortar industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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