Synopsis
The global market for Mortar was estimated to be worth US$ 54870 million in 2024 and is forecast to a readjusted size of US$ 78760 million by 2031 with a CAGR of 5.8% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Mortar cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Mortar is a building material composed of a mixture of cement, sand, water, and sometimes lime. It is used in construction to bind building blocks or bricks together and fill the gaps between them, providing structural integrity and stability to masonry structures. Mortar serves as a bonding agent that holds the building components in place and contributes to the overall strength and durability of the construction.
Market Drivers for Mortar:
Growth in Construction and Infrastructure Development: The construction industry's expansion, driven by urbanization, population growth, and infrastructure development projects, is a significant driver for the mortar market. Mortar is an essential material in various construction applications, including residential, commercial, and infrastructure projects.
Demand for Ready-to-Use Mortar Products: The convenience and time-saving benefits of ready-to-use mortar products, which eliminate the need for on-site mixing and preparation, are driving their popularity in the construction industry. The demand for pre-mixed mortars is a key driver for the market.
Advancements in Construction Technology: Innovations in construction technology, such as the development of high-performance mortars with improved strength, durability, and workability, are driving the adoption of specialized mortar products in modern construction projects.
Focus on Sustainable Construction Practices: The increasing emphasis on sustainable construction practices and environmentally friendly building materials is driving the demand for eco-friendly mortar formulations that reduce carbon footprint and environmental impact.
Market Challenges for Mortar:
Fluctuating Raw Material Costs: Mortar production is influenced by the prices of raw materials like cement, sand, and additives. Fluctuations in raw material costs can impact the overall production cost of mortar products, affecting pricing and profit margins.
Competition from Alternative Building Materials: Mortar faces competition from alternative building materials and construction methods, such as drywall systems, adhesives, and prefabricated solutions. Manufacturers need to differentiate their mortar products to remain competitive in the market.
Quality Control and Consistency: Maintaining consistent quality and performance standards across batches of mortar products can be challenging, especially for manufacturers producing a wide range of formulations for different applications.
Regulatory Compliance and Standards: Mortar products must meet stringent building codes, standards, and regulations related to strength, durability, and safety. Compliance with these regulations and ensuring product certifications can pose challenges for manufacturers.
This report aims to provide a comprehensive presentation of the global market for Mortar, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Mortar by region & country, by Type, and by Application.
The Mortar market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mortar.
Market Segmentation
By Company
Sika
Saint-Gobain Weber
Ardex
Henkel
Mapei
BASF
Cemex
Knauf
Bostik
Oriental Yuhong
CBP
Caparol
Baumit
Hanil Cement
Quick-mix
Sto
Tarmac
HB Fuller
Forbo
CPI Mortars
Grupo Puma
BBMG Mortar
Segment by Type
Wet Mixed Mortar
Dry Mortar
Segment by Application
Construction
Home Decoration
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Mortar manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Mortar in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Mortar in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request