Market Overview:
The global specialty mortar market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for specialty mortars in construction and home decoration industries. In terms of type, the insulation sound absorption mortar segment is expected to lead the global specialty mortar market during the forecast period, followed by corrosion resistant mortar and anti-radiation mortar segments. The construction industry is expected to be the largest application segment for global specialty mortars during the forecast period, followed by home decoration industry and others segments.
Product Definition:
A mortar is a specialized type of construction material that is used to create a strong and durable bond between two or more materials. Specialty mortars are often used in construction projects where weather resistance or extreme durability is required.
Insulation Sound Absorption Mortar:
Insulation sound absorption mortar is a special type of cement-based material used for the prevention of noise and vibration in structures. The product is manufactured using various ingredients including polymeric resins, fillers, binders, and water. It has gained wide acceptance across several industries including construction & building owing to its excellent acoustical properties which help reduce noise levels by up to 15 decibels (dB).
Corrosion Resistant Mortar:
Corrosion resistant mortar (CRM) is a special type of cement-based material that exhibits excellent resistance to corrosion. It has high durability and strength which makes it an ideal solution for use in the construction industry. Corrosion resistant mortars are manufactured using various raw materials including calcium carbonate, aluminum silicate, and polyester resin among others.
Application Insights:
The construction industry accounted for the largest market share in 2017 and is anticipated to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising infrastructure projects across the globe, including railway networks, roads and bridges. Moreover, increasing urbanization has led to an increase in construction activities resulting in higher product demand from this sector.
Specialty mortars are used for various applications such as insulation sound absorption mortar, corrosion resistant mortar & anti-radiation cement among others by providing efficient performance against various environmental factors such as moisture content (curing), temperature & curing (setting) along with durability required by different application industries globally. Increasing use of specialty mortars that provide effective corrosion resistance coupled with high strength is expected to drive their demand from other application industries including home decoration industry over the forecast period thereby contributing toward overall market growth during the study period.
Regional Analysis:
Asia Pacific dominated the global specialty mortar market in terms of revenue with a share of over 45.0% in 2017. This is attributed to increasing construction activities and growing demand for advanced construction materials, especially from emerging economies such as China and India. Moreover, rising demand for home d©cor products is expected to drive the product consumption over the forecast period.
The Asia Pacific was followed by North America which accounted for a share of more than 20.0% in 2017 owing to increased spending on home d©cor products and renovation activities across U.S., Canada, Mexico, and other countries within this region during the forecast period – 2018-2030 periods respectively).
Growth Factors:
- Increasing demand for green construction and renovation projects
- Rising demand from the infrastructure sector
- Growing popularity of precast concrete products
- Proliferation of digital marketing platforms for builders and contractors
- Technological advancements in mortar manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Mortar Market Research Report
By Type
Insulation Sound Absorption Mortar, Corrosion Resistant Mortar, Anti - radiation Mortar, Waterproof Mortar
By Application
Construction Industry, Home Decoration Industry, Others
By Companies
MAPEI, Custom Building Products, Bostik, RONA (Lowe’s), H.B. Fuller, PROMA, W. R. MEADOWS, Sika, Weber, Materis (PAREX), MAPEI
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Mortar Market Report Segments:
The global Specialty Mortar market is segmented on the basis of:
Types
Insulation Sound Absorption Mortar, Corrosion Resistant Mortar, Anti - radiation Mortar, Waterproof 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
Construction Industry, Home Decoration Industry, Others
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:
- MAPEI
- Custom Building Products
- Bostik
- RONA (Lowe’s)
- H.B. Fuller
- PROMA
- W. R. MEADOWS
- Sika
- Weber
- Materis (PAREX)
- MAPEI
Highlights of The Specialty Mortar 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:
- Insulation Sound Absorption Mortar
- Corrosion Resistant Mortar
- Anti - radiation Mortar
- Waterproof Mortar
- By Application:
- Construction Industry
- Home Decoration Industry
- Others
- 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 Specialty Mortar 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Specialty mortars are mortars that are designed for a specific purpose, such as firing rounds at a target from close range or firing explosive rounds.
Some of the key players operating in the specialty mortar market are MAPEI, Custom Building Products, Bostik, RONA (Lowe’s), H.B. Fuller, PROMA, W. R. MEADOWS, Sika, Weber, Materis (PAREX), MAPEI.
The specialty mortar market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Specialty Mortar 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 Specialty Mortar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Specialty Mortar 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 Specialty Mortar 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 Specialty Mortar Market Size & Forecast, 2018-2028
4.5.1 Specialty Mortar Market Size and Y-o-Y Growth
4.5.2 Specialty Mortar Market Absolute $ Opportunity
Chapter 5 Global Specialty Mortar 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 Specialty Mortar Market Size Forecast by Type
5.2.1 Insulation Sound Absorption Mortar
5.2.2 Corrosion Resistant Mortar
5.2.3 Anti - radiation Mortar
5.2.4 Waterproof Mortar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Specialty Mortar 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 Specialty Mortar Market Size Forecast by Applications
6.2.1 Construction Industry
6.2.2 Home Decoration Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Specialty Mortar 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 Specialty Mortar 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 Specialty Mortar Analysis and Forecast
9.1 Introduction
9.2 North America Specialty Mortar 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 Specialty Mortar Market Size Forecast by Type
9.6.1 Insulation Sound Absorption Mortar
9.6.2 Corrosion Resistant Mortar
9.6.3 Anti - radiation Mortar
9.6.4 Waterproof 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 Specialty Mortar Market Size Forecast by Applications
9.10.1 Construction Industry
9.10.2 Home Decoration Industry
9.10.3 Others
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 Specialty Mortar Analysis and Forecast
10.1 Introduction
10.2 Europe Specialty Mortar 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 Specialty Mortar Market Size Forecast by Type
10.6.1 Insulation Sound Absorption Mortar
10.6.2 Corrosion Resistant Mortar
10.6.3 Anti - radiation Mortar
10.6.4 Waterproof 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 Specialty Mortar Market Size Forecast by Applications
10.10.1 Construction Industry
10.10.2 Home Decoration Industry
10.10.3 Others
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 Specialty Mortar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Specialty Mortar 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 Specialty Mortar Market Size Forecast by Type
11.6.1 Insulation Sound Absorption Mortar
11.6.2 Corrosion Resistant Mortar
11.6.3 Anti - radiation Mortar
11.6.4 Waterproof 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 Specialty Mortar Market Size Forecast by Applications
11.10.1 Construction Industry
11.10.2 Home Decoration Industry
11.10.3 Others
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 Specialty Mortar Analysis and Forecast
12.1 Introduction
12.2 Latin America Specialty Mortar 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 Specialty Mortar Market Size Forecast by Type
12.6.1 Insulation Sound Absorption Mortar
12.6.2 Corrosion Resistant Mortar
12.6.3 Anti - radiation Mortar
12.6.4 Waterproof 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 Specialty Mortar Market Size Forecast by Applications
12.10.1 Construction Industry
12.10.2 Home Decoration Industry
12.10.3 Others
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) Specialty Mortar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Specialty Mortar 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) Specialty Mortar Market Size Forecast by Type
13.6.1 Insulation Sound Absorption Mortar
13.6.2 Corrosion Resistant Mortar
13.6.3 Anti - radiation Mortar
13.6.4 Waterproof 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) Specialty Mortar Market Size Forecast by Applications
13.10.1 Construction Industry
13.10.2 Home Decoration Industry
13.10.3 Others
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 Specialty Mortar Market: Competitive Dashboard
14.2 Global Specialty Mortar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MAPEI
14.3.2 Custom Building Products
14.3.3 Bostik
14.3.4 RONA (Lowe’s)
14.3.5 H.B. Fuller
14.3.6 PROMA
14.3.7 W. R. MEADOWS
14.3.8 Sika
14.3.9 Weber
14.3.10 Materis (PAREX)
14.3.11 MAPEI
