Market Overview:
The global fire resistant mortars market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fire resistant mortars in residential, commercial, and industrial applications. In terms of type, the wet mortar segment is expected to dominate the global fire resistant mortars market during the forecast period. This can be attributed to its properties such as high adhesion and water resistance which make it suitable for various construction applications.
Product Definition:
A fire resistant mortar is a mortar that has been specifically designed to resist the spread of fire. These mortars are typically used in construction projects where there is a risk of fire, such as schools and hospitals. The importance of using a fire resistant mortar is that it can help to protect the structure from being damaged by a fire, and it can also help to protect the people inside the structure from being injured or killed in a fire.
Wet Mortar:
Wet mortar is a mixture of cement, water, and sand. It is used in the construction of fire-resistant buildings. The product has gained wide acceptance globally as it reduces the amount of work required for laying the foundation by eliminating problems such as cracking and spalling.
Dry Mortar:
Dry mortar is a construction material made of cement, sand, and water. It's used in the formulation of fire-resistant mortars. The product is gaining popularity due to its ability to reduce the amount of water required for mixing with sand and cement during production resulting in reduced consumption as well as transportation cost.
Application Insights:
The demand for fire resistant mortars in residential construction accounted for a share of over 60.0% in 2017. Residential construction is one of the major application segments where these products are used to resist fire from reaching the building structure, thereby protecting lives of people inside the buildings. The commercial sector is also expected to witness significant growth owing to increasing investments by governments and private companies in developing infrastructure sectors across various regions including Asia Pacific and Middle East & Africa.
In terms of revenue, industrial applications are likely to expand at a CAGR of XX% from 2018 to 2030 during the forecast period while that witnessed by commercial constructions would be 7%.8% respectively as compared with 2013 levels which was observed after implementation Fire Resistant Mortar (FRM) regulations across various regions globally such as North America, Europe, Asia Pacific and Middle East & Africa have been encouraging industry participants towards use FRM products within their portfolio offering thereby driving market growth over the projected period horizon.
Regional Analysis:
Asia Pacific dominated the global fire resistant mortars market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2016 owing to increasing construction activities, coupled with growing population, especially in China and India. Moreover, rising demand for commercial buildings such as hospitals and schools is anticipated to drive the regional market growth over the forecast period.
Europe was valued at USD X billion in 2017 on account of high product demand from several key industries including building & construction, automotive & transportation, marine etc., mainly from countries such as Germany (33%), Italy (20%) and Russia (19%). In addition, stringent government regulations regarding fire safety standards are projected to fuel industry growth over the coming years.
Growth Factors:
- Increasing demand for fire resistant mortars from the construction industry as a result of growing awareness about the benefits of using these mortars in construction projects.
- Rising demand for fire resistant mortars from end-use industries such as oil and gas, power, and petrochemical due to increasing safety concerns among industrial operators.
- Growing use of lightweight fire resistant mortars in construction projects to reduce overall weight and improve seismic performance of buildings.
- Increasing popularity of green building concepts that promote use of environment-friendly materials such as fire resistant mortars in construction projects.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Resistant Mortars Market Research Report
By Type
Wet Mortar, Dry Mortar
By Application
Residential, Commercial, Industrial
By Companies
3M, AkzoNobel N.V, Sika AG, BASF SE(Master Builders Solutions), Hilti Group, Morgan Advanced Materials, Jotun, ETEX, Specified Technologies Inc, Astroflame(Fire Seals)Ltd, Fescon, Dap, SVT, 2F Protection, Promat, Sakrete, Vitcas, Weber, Abesco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Fire Resistant Mortars Market Report Segments:
The global Fire Resistant Mortars market is segmented on the basis of:
Types
Wet Mortar, Dry Mortar
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- AkzoNobel N.V
- Sika AG
- BASF SE(Master Builders Solutions)
- Hilti Group
- Morgan Advanced Materials
- Jotun
- ETEX
- Specified Technologies Inc
- Astroflame(Fire Seals)Ltd
- Fescon
- Dap
- SVT
- 2F Protection
- Promat
- Sakrete
- Vitcas
- Weber
- Abesco
Highlights of The Fire Resistant Mortars Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wet Mortar
- Dry Mortar
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fire Resistant Mortars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fire resistant mortars are a type of mortar that is designed to resist fire. This means that the mortar will be able to withstand temperatures up to 1,000 degrees Fahrenheit, which is higher than most other mortars.
Some of the major companies in the fire resistant mortars market are 3M, AkzoNobel N.V, Sika AG, BASF SE(Master Builders Solutions), Hilti Group, Morgan Advanced Materials, Jotun, ETEX, Specified Technologies Inc, Astroflame(Fire Seals)Ltd, Fescon, Dap, SVT, 2F Protection, Promat, Sakrete, Vitcas, Weber, Abesco.
The fire resistant mortars market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire Resistant Mortars Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fire Resistant Mortars Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fire Resistant Mortars Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fire Resistant Mortars Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fire Resistant Mortars Market Size & Forecast, 2018-2028
4.5.1 Fire Resistant Mortars Market Size and Y-o-Y Growth
4.5.2 Fire Resistant Mortars Market Absolute $ Opportunity
Chapter 5 Global Fire Resistant Mortars Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fire Resistant Mortars Market Size Forecast by Type
5.2.1 Wet Mortar
5.2.2 Dry Mortar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fire Resistant Mortars Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fire Resistant Mortars Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire Resistant Mortars Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fire Resistant Mortars Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fire Resistant Mortars Analysis and Forecast
9.1 Introduction
9.2 North America Fire Resistant Mortars Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fire Resistant Mortars Market Size Forecast by Type
9.6.1 Wet Mortar
9.6.2 Dry Mortar
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fire Resistant Mortars Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fire Resistant Mortars Analysis and Forecast
10.1 Introduction
10.2 Europe Fire Resistant Mortars Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fire Resistant Mortars Market Size Forecast by Type
10.6.1 Wet Mortar
10.6.2 Dry Mortar
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fire Resistant Mortars Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fire Resistant Mortars Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fire Resistant Mortars Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fire Resistant Mortars Market Size Forecast by Type
11.6.1 Wet Mortar
11.6.2 Dry Mortar
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fire Resistant Mortars Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fire Resistant Mortars Analysis and Forecast
12.1 Introduction
12.2 Latin America Fire Resistant Mortars Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fire Resistant Mortars Market Size Forecast by Type
12.6.1 Wet Mortar
12.6.2 Dry Mortar
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fire Resistant Mortars Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fire Resistant Mortars Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fire Resistant Mortars Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fire Resistant Mortars Market Size Forecast by Type
13.6.1 Wet Mortar
13.6.2 Dry Mortar
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fire Resistant Mortars Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fire Resistant Mortars Market: Competitive Dashboard
14.2 Global Fire Resistant Mortars Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 AkzoNobel N.V
14.3.3 Sika AG
14.3.4 BASF SE(Master Builders Solutions)
14.3.5 Hilti Group
14.3.6 Morgan Advanced Materials
14.3.7 Jotun
14.3.8 ETEX
14.3.9 Specified Technologies Inc
14.3.10 Astroflame(Fire Seals)Ltd
14.3.11 Fescon
14.3.12 Dap
14.3.13 SVT
14.3.14 2F Protection
14.3.15 Promat
14.3.16 Sakrete
14.3.17 Vitcas
14.3.18 Weber
14.3.19 Abesco
