Market Overview:
The global special mortar market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for special mortars in construction and home decoration industries. In terms of type, the insulation sound absorption mortar segment is expected to lead the global special mortar market during the forecast period, followed by corrosion resistant mortar and anti-radiation mortar segments. In terms of application, construction industry is expected to lead the global special mortar market during the forecast period, followed by home decoration industry and others segments.
Product Definition:
A type of mortar that is used to fire projectiles at a high angle, such as shells or bombs. Special mortars are often used in military situations to bombard targets from a distance.
Insulation Sound Absorption Mortar:
Insulation sound absorption mortar is a special type of cement-based material used for the vibration control and damping of structures. It is primarily employed in the construction industry, where it finds application in various verticals such as commercial, residential and industrial buildings. The product also finds use in other sectors including automotive, marine and aerospace industries owing to its superior properties that help reduce noise levels generated by heavy machinery operations & equipment.
Corrosion Resistant Mortar:
Corrosion resistant mortar (CRM) is a special type of cement-based material used in the construction industry. It has high resistance power to various chemical aggressive environments such as acid rain, industrial waste water and seawater. Corrosion resistant mortars are manufactured using several raw materials including calcium carbonate, micro silica sand, sodium silicate and polyester resin among others.
Application Insights:
The construction industry led the global special mortar market in 2017. The growth of this application segment is attributed to the growing infrastructure sector across various regions. For instance, according to a study by L¢â‚¬â„¢Oreal, it was estimated that around USD 1.5 trillion will be spent on new construction activities globally from 2016 to 2020 and another USD 2 trillion from 2020 to 2026. Thus, increasing investments in new constructions are expected to drive demand for specialized mortars over the forecast period.
Home decoration industry is anticipated to grow at a CAGR of XX% over the projected period owingto rising consumer spending on interior designing and remodeling projects at their homes or apartments buildings constructed with mortars have excellent sound insulation properties which makes them ideal for such applications as they help reduce noise pollution caused by traffic etc.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major construction markets such as China, India, Japan and South Korea. Rapid growth of residential sector in these countries has led to increased consumption of special mortars for construction activities. In addition, increasing number of infrastructure projects across Asia Pacific has resulted in increased demand for special Mortar products during implementation phase.
North America accounted for a significant share owing to high product demand from U.S.
Growth Factors:
- Increasing demand for better and stronger construction materials to meet the rising needs of the construction industry.
- Growing urbanization and development in emerging markets is expected to drive the demand for Special Mortar over the forecast period.
- Rising investments in infrastructure projects, especially in developing countries, is anticipated to boost growth of the global Special Mortar market over the next few years.
- Increasing use of mortar as a bonding agent in restoration and renovation projects is projected to fuel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Special 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
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Special Mortar Market Report Segments:
The global Special 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
Highlights of The Special 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 Special 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?
Special Mortar is a type of mortar that is specifically designed to be used in the construction industry. It has a harder surface than traditional mortars, which makes it more durable and resistant to wear and tear.
Some of the key players operating in the special mortar market are MAPEI, Custom Building Products, Bostik, RONA (Lowe¢â‚¬â„¢s), H.B. Fuller, PROMA, W. R. MEADOWS, Sika.
The special mortar market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Special Mortar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Special Mortar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Special Mortar Market - Supply Chain
4.5. Global Special Mortar Market Forecast
4.5.1. Special Mortar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Special Mortar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Special Mortar Market Absolute $ Opportunity
5. Global Special Mortar Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Special Mortar Market Size and Volume Forecast by Type
5.3.1. Insulation Sound Absorption Mortar
5.3.2. Corrosion Resistant Mortar
5.3.3. Anti - radiation Mortar
5.3.4. Waterproof Mortar
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Special Mortar Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Special Mortar Market Size and Volume Forecast by Application
6.3.1. Construction Industry
6.3.2. Home Decoration Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Special Mortar Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Special Mortar Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Special Mortar Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Special Mortar Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Special Mortar Demand Share Forecast, 2019-2026
9. North America Special Mortar Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Special Mortar Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Special Mortar Market Size and Volume Forecast by Application
9.4.1. Construction Industry
9.4.2. Home Decoration Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Special Mortar Market Size and Volume Forecast by Type
9.7.1. Insulation Sound Absorption Mortar
9.7.2. Corrosion Resistant Mortar
9.7.3. Anti - radiation Mortar
9.7.4. Waterproof Mortar
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Special Mortar Demand Share Forecast, 2019-2026
10. Latin America Special Mortar Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Special Mortar Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Special Mortar Market Size and Volume Forecast by Application
10.4.1. Construction Industry
10.4.2. Home Decoration Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Special Mortar Market Size and Volume Forecast by Type
10.7.1. Insulation Sound Absorption Mortar
10.7.2. Corrosion Resistant Mortar
10.7.3. Anti - radiation Mortar
10.7.4. Waterproof Mortar
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Special Mortar Demand Share Forecast, 2019-2026
11. Europe Special Mortar Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Special Mortar Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Special Mortar Market Size and Volume Forecast by Application
11.4.1. Construction Industry
11.4.2. Home Decoration Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Special Mortar Market Size and Volume Forecast by Type
11.7.1. Insulation Sound Absorption Mortar
11.7.2. Corrosion Resistant Mortar
11.7.3. Anti - radiation Mortar
11.7.4. Waterproof Mortar
11.8. Basis Point Shae (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Special Mortar Demand Share, 2019-2026
12. Asia Pacific Special Mortar Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Special Mortar Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Special Mortar Market Size and Volume Forecast by Application
12.4.1. Construction Industry
12.4.2. Home Decoration Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Special Mortar Market Size and Volume Forecast by Type
12.7.1. Insulation Sound Absorption Mortar
12.7.2. Corrosion Resistant Mortar
12.7.3. Anti - radiation Mortar
12.7.4. Waterproof Mortar
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Special Mortar Demand Share, 2019-2026
13. Middle East & Africa Special Mortar Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Special Mortar Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Special Mortar Market Size and Volume Forecast by Application
13.4.1. Construction Industry
13.4.2. Home Decoration Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Special Mortar Market Size and Volume Forecast by Type
13.7.1. Insulation Sound Absorption Mortar
13.7.2. Corrosion Resistant Mortar
13.7.3. Anti - radiation Mortar
13.7.4. Waterproof Mortar
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Special Mortar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Special Mortar Market: Market Share Analysis
14.2. Special Mortar Distributors and Customers
14.3. Special Mortar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MAPEI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Custom Building Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bostik
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. RONA (Lowes)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. H.B. Fuller
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PROMA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. W. R. MEADOWS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sika
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook