Global Mortar Market Growth 2023-2029

Global Mortar Market Growth 2023-2029

Mortar is a workable paste used to bind building blocks such as stones, bricks, and concrete masonry units together, fill and seal the irregular gaps between them, and sometimes add decorative colors or patterns in masonry walls. In its broadest sense mortar includes Wet Mixed Mortar and Dry Mortar.

LPI (LP Information)' newest research report, the “Mortar Industry Forecast” looks at past sales and reviews total world Mortar sales in 2022, providing a comprehensive analysis by region and market sector of projected Mortar sales for 2023 through 2029. With Mortar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mortar industry.

This Insight Report provides a comprehensive analysis of the global Mortar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mortar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mortar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mortar and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mortar.

The global Mortar market size is projected to grow from US$ 28920 million in 2022 to US$ 38330 million in 2029; it is expected to grow at a CAGR of 38330 from 2023 to 2029.

Global Mortar main players are Saint-Gobain Weber, Materis, Sika, Henkel, Mapei, etc. Global top five manufacturers hold a share about 25%. Asia-Pacific is the largest market, with a share nearly 45%.

This report presents a comprehensive overview, market shares, and growth opportunities of Mortar market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Wet Mixed Mortar
Dry Mortar

Segmentation by application
Construction
Home Decoration
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Saint-Gobain Weber (FR)
Materis (FR)
Sika (CH)
Henkel (FR)
Mapei (IT)
Sto (DE)
Ardex (DE)
BASF (DE)
Baumit (AT)
Bostik (FR)
Knauf (DE)
CBP (US)
Caparol (DE)
Cemex (US)
HB Fuller (US)
Quick-mix (DE)
Dryvit Systems (US)
Hanil Cement (KR)
AdePlast (IT)
Forbo (CH)
CPI Mortars (UK)
Grupo Puma (ES)
Tarmac(UK)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mortar market?

What factors are driving Mortar market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Mortar market opportunities vary by end market size?

How does Mortar break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.