Global Dry Mortar Market Size, Share, Growth Analysis Report - Forecast 2034

Dry Mortar Industry Perspective:

The global dry mortar market size was worth around USD 39.18 Billion in 2024 and is predicted to grow to around USD 68.91 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 5.4% between 2025 and 2034. The report analyzes the global dry mortar market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the dry mortar industry.

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Dry Mortar Market: Overview

Dry mortar is a mixing substance with extensive applications in the construction and building industry. It is used to join bricks during wall construction. Dry mortar consists of several components that work together to create a strong bond between bricks that ensures the construction of a durable structure. The demand for dry mortar has increased rapidly in the last decade especially since the quality of the product has become a liability of dry mortar manufacturers. The constituents of the rigidity-imparting material are cement, sand, hydrated lime, and limestone powder. However, more materials can be added to the dry mortar mix depending on the final application and expectation. The versatility of the material is one of its key advantages since dry mortar is not only applicable to brick but also to concrete blocks or tiles. For instance, some of the extended material applications are repairing plaster, exterior & interior stucco, filler, tile adhesive, and stucco repair. The main concerning point for dry mortar is the short duration in which it must be used once mixed with water otherwise the product may be wasted.

Key Insights:

• As per the analysis shared by our research analyst, the global dry mortar market is estimated to grow annually at a CAGR of around 5.4% over the forecast period (2025-2034).
• Regarding revenue, the global dry mortar market size was valued at around USD 39.18 Billion in 2024 and is projected to reach USD 68.91 Billion by 2034.
• The dry mortar market is projected to grow at a significant rate due to Growth in the construction industry and demand for ready-mix, high-performance building materials drive the market.
• Based on Type, the Thin Bed Mortar segment is expected to lead the global market.
• On the basis of End-user, the Residential segment is growing at a high rate and will continue to dominate the global market.
• Based on the Application, the Plastering segment is projected to swipe the largest market share.
• By Material, the Cement segment is expected to dominate the global market.
• Based on region, Asia-Pacific is predicted to dominate the global market during the forecast period.

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Dry Mortar Market: Growth Drivers

Rising infrastructure development projects to create higher demand in the market

The global dry mortar market is projected to grow owing to the increasing number of infrastructure development projects across the globe. With increasing population and growing demand from the commercial world, regional leaders are investing more in projects that not only provide better living facilities for the general population but also act as a lucrative segment to attract foreign investments. These projects include road and railway construction lines, new airports, production facilities, and commercial centers among other facilities. For instance, in September 2023, GMR Group, a multinational conglomerate in the global aviation sector, was seeking more opportunities for investments in Greece as a means to improve the transportation of people from India to Europe. The company is looking for new avenues that will directly impact trade relations between Greece and India. In August 2023, Dubai’s Ministry of Energy and Infrastructure launched the National Programme for Infrastructure Development (Salamah 365). It is a transformational project intended to improve public safety in the region. These investments are worth multi-billion dollars and are expected to drive the demand for dry mortar in the coming years.

Rising application in the hospitality sector to create a higher consumption rate

Global tourism is on the rise, especially after COVID-19. With international borders opening up and the rising trend of domestic or international travelers for leisure or business purposes the need for more accommodation facilities has surged in recent times. The hospitality sector is witnessing massive investments in terms of building new hotels, restaurants, and cafes in the affordable and luxury segments alike. In December 2021, Top Hotel Projects reported that France was expected to witness the construction of 96 more hotel properties by 2024. In June 2023, 4 new luxury hotels opened in Venice since it is one of the most visited tourist places across the globe.

Dry Mortar Market: Restraints

Health concerns related to dry mortar inhalation could restrict market growth

While dry mortar is not a health hazard in the absence of precautionary measures, dust emerging from dry mortar can lead to health issues. This aspect is projected to restrict global dry mortar market growth. Dust inhalation can lead to mild to severe breathing issues and damage to the respiratory tract. Hence, people working with dry mortar should be well-equipped with masks and other tools that prevent them from inhaling dry mortar dust. In addition to this, there have been reported cases of skin and eye irritation caused by prolonged exposure to the contents of dry mortar.

Dry Mortar Market: Opportunities

Growing strategic partnerships between market players and launch of new solutions to create growth possibilities

The dry mortar industry is projected to benefit from the increasing strategic partnership between market players and end-consumers. In addition to this, players are also working toward the development of safer and easy-to-use dry mortars. For instance, in June 2023, Baumit, a leading building material supplier, and Mondi, one of the world’s biggest packaging and paper solution providers, announced a strategic collaboration to develop water-soluble bags for dry mix mortar. Such innovations are expected to reduce waste generated from the construction industry that is also harmful to the environment. In January 2020, Ambuja Cement, India’s leading building material provider, launched 4 new ranges of novel dry mortar solutions to be used for residential buildings

Increasing tile-based projects in emerging countries may pose excellent expansion opportunities

The global dry mortar industry size could be driven to new heights by exploring the ongoing trend of tile-based residential projects in emerging countries. The increased urbanization rate and cost-efficiency offered by tiles as opposed to other building materials have contributed to the growing popularity of homes equipped with exquisite tile designs. The global tiles market was valued at USD 378 billion in 2022 and is expected to witness surging growth by 2030.

Dry Mortar Market: Challenges

Managing quality of dry mortar and high environmental problems to challenge market growth

Due to the lack of standardization policies on a global scale, it is difficult to manage and control the quality of dry mortar. Each brand has specific offerings and the quality may differ from other available options. This created challenges for the buyers as they may not find the product quality at par with their expectations after using. On the other hand, dry mortars lead to the emission of greenhouse gasses which is a pressing environmental concern for all countries. The rising measures against curbing greenhouse emissions and products causing gas release could act as growth barriers in the coming years.

Dry Mortar Market: Segmentation

The global dry mortar market is segmented based on type, end-user, application, material, and region.

Based on type, the global dry mortar market is divided into thin bed mortar, tile adhesive mortar, repair mortar, masonry mortar, waterproofing mortar, others.

On the basis of end-user, the global dry mortar market is bifurcated into residential, commercial, industrial, infrastructure.

By application, the global dry mortar market is split into plastering, tiling, flooring, insulation systems, others.

In terms of material, the global dry mortar market is categorized into cement, lime, gypsum, additives, sand.

Dry Mortar Market: Report Scope

Dry Mortar Market: Regional Analysis

Asia-Pacific is the leading region and will continue the trend by 2030

The global dry mortar market is currently dominated by Asia-Pacific with China and India acting as the major contributors. The region is home to an extensive network of building material suppliers, especially cement and dry mortar. China and India are equipped with large-scale production facilities and have the necessary manpower to meet the surging demand for dry mortar. In addition to acting as key suppliers to international clients, Asian nations have a high domestic demand for dry mortar as these countries are witnessing surging rates of infrastructure development projects. For instance, the massive Belt-and-Road initiative by China is worth USD 1 trillion. The country aims to deliver the associated projects in around 70 countries across continents. On the other hand, other Asian countries such as Japan, India, and South Korea are investing in commercial and residential projects. The Middle East is expected to deliver significant results. The primary growth driver is the rising number of construction and building projects in the Gulf countries.

Dry Mortar Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the dry mortar market on a global and regional basis.

The global dry mortar market is dominated by players like:

• Ardex Group
• Saint-Gobain Weber
• Dow
• CEMEX S.A.B. de C.V.
• Caparol
• LafargeHolcim
• Sika AG
• Dryvit Systems
• Mapei SpA
• Quick-Mix Group
• Knauf
• BASF SE
• Custom Building Products
• Parex Group
• Sakrete.

The global dry mortar market is segmented as follows;

By Type

• Thin Bed Mortar
• Tile Adhesive Mortar
• Repair Mortar
• Masonry Mortar
• Waterproofing Mortar
• Others

By End-user

• Residential
• Commercial
• Industrial
• Infrastructure

By Application

• Plastering
• Tiling
• Flooring
• Insulation Systems
• Others

By Material

• Cement
• Lime
• Gypsum
• Additives
• Sand

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America