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Global Dry Mix Mortar Market - Segmented by Application, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)

Global Dry Mix Mortar Market - Segmented by Application, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)

The global dry mix mortar market is expected to witness a moderate CAGR during the forecast period. Dry mix mortar is a dry powder or granular material made by mixing of fine aggregate, cementious materials, additives, fillers, etc. Dry mortar products contain both, mineral cementitious binder and a polymer binder. It finds a wide scope of application in masonry mortars, screeds, renders, tile adhesives, and waterproofing slurries, among others in various construction activities.

Rapidly Growing Construction Industry in Major Economies

Asia is expected to lead the construction industry with powerhouses, likes China, India, and Japan in the coming years. Construction activities in South East Asian countries, like the Philippines, Malaysia, and Indonesia are expected to alleviate the industry further. The U.S construction industry is forecasted to post solid growths during the forecasted period supported by the booming residential sector. The growth in the construction industry will majorly boost the dry mix mortar market in the forecast period.

Residential Segment to Dominate the Market

Residential sector is one of the major segments of the construction industry. China is the major country contributing to the construction industry. The residential construction in the United States is rising sharply favored by the bright economic conditions. The U.S. residential construction industry is expected to grow from USD 500 billion, in 2017 to a massive USD 570 billion, by the year 2021. The overall residential sector is expected to grow in the forecasted period due to increasing growing GDP growth, consumer spending, and rising population in developing countries.

Asia-Pacific to Dominate the Market

In 2017, Asia-Pacific registered the largest regional market for dry mix mortar. Factors, such as, growing construction activities and preference to cost-effective construction techniques, are favoring the market growth. Large-scale investments in infrastructural and construction activities, in emerging economies of Asia-Pacific region, are expected to drive the market during the forecast period.

Key Developments in the Market

November 2017: Sika opened the first concrete admixture production plant in the country
March 2017: Sika expanded new mortar production facility in Mexico

Major Players: 3M, Sika, Ramco, Lafarge and UltraTech, amongst others.

Reasons to Purchase this Report

Current and future global textile chemicals market in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel

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1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Construction activities worldwide
4.1.2 Long-term Cost-effectiveness in the Construction Industry
4.1.3 Simplified Mix and Apply Operation
4.2 Restraints
4.2.1 Lack of Customization for Specific Applications
4.3 Opportunities
4.3.1 Emerging Trend of Green Building Certifications
5. Market Segmentation and Analysis (Market Size, Forecast & CAGR)
5.1 By End-user Industry
5.1.1 Residential
5.1.2 Non-residential Commercial Infrastructure Industrial Others
5.2 By Application
5.2.1 Plasters
5.2.2 Renders
5.2.3 Tile Adhesives
5.2.4 Grouts
5.2.5 Water Proofing Slurries
5.2.6 Concrete Protection and Renovation
5.2.7 Insulation and Finishing Systems
5.2.8 Others
6. Regional Analysis (Market Size, Forecast & CAGR)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 France
6.3.4 Italy
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis*
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials*, Products & Services, Recent Developments, and Analyst View)
8.1 3M
8.4 Cemex
8.5 Colmef
8.7 Dico Fix
8.8 Dry Mortar Company (DMC)
8.9 Emix
8.10 Grand Aces Ventures Inc.
8.11 Henkel
8.12 Lafarge
8.13 Laticrete
8.14 Mortar & Plaster
8.15 Plaxit
8.16 Poraver
8.17 Pye Products
8.18 Ramco
8.19 Saudi Readymix Concrete Company
8.20 Saveto Construction Materials
8.21 Sika
8.22 TECON
8.23 UltraTech
8.24 Wuensch Plaster
**list not exhaustive
9. Disclaimer
* subject to availability on public domain

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