Global Dry Mix Mortar Market Size, Growth Analysis by Top Players 2021: Dynamics and Latest Trends with Global Industry Share, Business Development Plans and Strategies, CAGR and Revenue Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Global Dry Mix Mortar Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Dry Mix Mortar Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

Dry mix mortar is made from mixing the finely grained, cement-like material with additives and fillers products to be used in the construction projects. The fine powder like product is packed and delivered to the site, where it is mixed with water and used for the construction work. This dry mix mortar is specifically produced in dedicated factories with blending facilities.

End-user
Citing the high consistency of the final product and the better reliability, the dry mix mortars are widely used in masonry works, screeds, waterproofing slurries, etc. This dry mix mortar is also used in power transformers and the marine industry.

Market Dynamics
The utilization of the final dry mix mortar product is in the construction industry, and thus it is likely to keep growing for the years to come. There are factors like favourable end-user industry, ease to use, and overall cost benefits of use that are driving the growth aspect of this market positively. However, this growth aspect is negatively impacted by the presence of factors like lack of customization in the production process.

Market Segmentation
Based on the basic type of mortar, the market can be split into floor tile mortar and wall tile mortar. For the application in the constructions, the global market is segmented into the residential and commercial constructions for dry mix mortars.

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Geographic Analysis
The cost-effectiveness and the ongoing growth of the construction industry in the developing regions in the Asia Pacific had made it a favourite for the Dry Mix Mortar market growth globally. Economic factors like capital investments would drive the market in the developing nations further from here. At the same time, the developed regions of Northern America and Europe see slow and stunted growth for the global market of dry mix mortar.

Opportunities
The global market for dry mix mortars has been valued to be of $ XX Million in 2016. It is expected to see a CAGR of XX% in the next 5-6 years and reach to be at a size of about $ XX Million by 2022.

Key Players
The global market for dry mix mortar have key players like 3M, UltraTech, Ramco, Lafarge, MAPEI, Sika, etc.
Report ContentsRegional AnalysisReport Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europ
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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