Report Feature
The future of the dry mix mortar market looks promising with opportunities in the residential and non-residential industries. The global dry mix mortar market is expected to decline in 2020 due to global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 4% to 6% from 2020 to 2025. The major drivers for this market are growing construction activities and increasing usage of dry mix mortar because it is easy to use and cost effective.
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The study includes trends and forecasts for the global dry mix mortar market by application, end use industry, and region as follows:
By Application [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
- Plaster
- Render
- Tile Adhesive
- Grouts
- Water Proofing Slurries
- Concrete Protection and Renovation
- Insulation and Finishing Systems
- Others
By End Use Industry [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
- Residential
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Non-Residential
- Industrial
- Commercial
- Institutional
- Municipal
By Region [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- Germany
- United Kingdom
- France
- Italy
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Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
The render will remain the largest application segment as all construction activities require rendering to achieve textured and smooth surfaces.
Non-residential will remain the largest end use industry and witness the highest growth during the forecast period due to increasing commercial and institutional construction activities globally.
Asia Pacific will remain the largest region in the forecast period due to increasing construction activities in countries, like China and India.
Some of the dry mix mortar companies profiled in this report include Parex Group, Sika AG, Samex SAB de CV, Ardex Group, RCMPL, The Ramco Cements Ltd, Dow DuPont, LafargeHolcim, Saint-Gobain Weber, CEMEX, and Mapei
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Features of Dry Mix Mortar Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global dry mix mortar market by application (plaster, render, tile adhesive, grouts, water proofing slurries, concrete protection and renovation, insulation and finishing systems, and others), end use industry (residential and non-residential (industrial, commercial, institutional, municipal)), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the dry mix mortar market? Q.5 What are the business risks and threats to the dry mix mortar market? Q.6 What are emerging trends in this dry mix mortar market and the reasons behind them? Q.7 What are some changing demands of customers in the dry mix mortar market? Q.8 What are the new developments in the dry mix mortar market? Which companies are leading these developments? Q.9 Who are the major players in the dry mix mortar market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the dry mix mortar market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the dry mix mortar market? |
Table of Contents
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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