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Dry Mix Mortar Market Trend Forecast To 2025 By Regional Players

Author : Rahul Varpe | Published Date : 2019-10-10 

The Dry Mix Mortar Market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, and trends worldwide. Also included in the research report is information pertaining to the companies partaking in the market share and the information pertaining to the regulatory norms that impact the commercialization landscape of this vertical.

Dry mix mortar market is segmented based on application, end-use and region. Based on application, market is segmented into plaster, render, grout, waterproofing, tile adhesives, and others which is further sub-segmented into concrete protection & renovation, insulation & finishing systems, etc. Render application is likely to dominate this segment as almost every construction includes rendering to achieve deliberately textured and smooth surfaces.

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Dry Mix Mortar Market will witness a significant growth in coming years owing to the increasing construction activities in Asia Pacific region and increasing residential construction in the U.S. Dry mix mortar has good workability and excellent sag resistance. Its superior tensile and compressive flexural strength, water resistance ability, flexibility and consistent quality enhances the overall quality of the structure. Dry mix mortar provides better surface finish and appearance, requires less supervision and ensures a long-term security of the structures. Moreover, its ease of usage and cost-effectiveness will drive the dry mix mortar market growth in coming years.

What are the important points that the Dry Mix Mortar Market report covers with respect to the Application landscape?

  • The report segments the Dry Mix Mortar Market into Plaster, Render, Grout, Waterproofing, Tile Adhesive as per the Application spectrum.
  • The market share that each of the Application segments account for in the industry currently, are provided in the report.
  • The growth rate at which the Application categories will increase over the forecast period have been mentioned, in tandem with the target valuation that each of the sub-segments will accrue by the end of the projected period.

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Rising construction activities, especially in the Asia Pacific region, is one of the major factors that will boost the growth of global dry mix mortar market. Increasing population, growing disposable income, increasing government initiative for infrastructure development, availability of raw materials, and low labor cost will prosper the construction industry in the region. The global construction spending is majorly contributed by the emerging economies. China, India and Japan drive the construction market in the Asia Pacific region. China, the largest construction market in the world, has more than 300 construction projects including industrial, infrastructural, residential and commercial projects in Beijing pipelined for 2019 which is worth over USD 30 billion.

Other important pointers encompassed in the report:

  • The Dry Mix Mortar Market  study presents a 360-degree synopsis of the industry in question, covering all the latest aspects possible.
  • The numerous pricing trends prevalent in the Dry Mix Mortar Market  are presented in the report.
  • Pertaining to the competitive landscape, the report also includes a snippet about the financial data of the companies included.
  • A gist of the regulatory norms governing the Dry Mix Mortar Market  across the developed and developing economies has been enumerated in the study.
  • For the sake of convenience, the Dry Mix Mortar Market  report also explicates on the market definitions referred to in the document.

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Some of the key market players of dry mix mortar market are Parex Group, Sika AG, Samex SAB de CV, Ardex Group, RCMPL, The Ramco Cements Ltd, Dow DuPont, LafargeHolcim, Saint-Gobain Weber, CEMEX, etc. The top players in the market are focusing on product innovation, business expansion through mergers and acquisitions, production capacity expansion to gain competitive advantage. Sika AG opened a facility in Mexico for the production of mortar which has helped the company to enhance its position in the Latin America region. 

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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