Market Overview:
The global technical mortar market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for rapid set cement, premix sand cement, and other types of technical mortars from the construction industry and home decoration industry. In terms of region, North America is expected to lead the global technical mortar market during the forecast period followed by Europe and Asia Pacific. The growth in these regions can be attributed to factors such as rising construction spending and growing demand for decorative products in homes.
Product Definition:
A type of mortar that is used to bind building blocks together and fill in the gaps between them. It is also used to coat the surface of masonry units before they are laid.
Rapid Set Cement:
Rapid set cement is a type of cement that sets quickly. It is usually used in concrete mixtures to reduce the setting time and also to avoid early settlement. Rapid set cements are also known as rapid-setting or quick-setting cements, which are increasingly being used in new construction activities due to their several advantages such as reduced labor cost, faster build times, and ease of use.
Premix Sand Cement:
Premix sand cement is a ready-to-use mixture of sand, cement and water. It contains no aggregates other than the sand which makes it cost effective as compared to traditional concrete with aggregate. The product has low water content (4%-8%) and high cement content (75%-85%).
Application Insights:
The construction industry led the global technical mortar market in 2017, accounting for over 60.0% share of the overall revenue. The segment is likely to witness significant growth on account of increasing infrastructure development activities globally. Rapid urbanization along with a growing population is expected to drive the demand for new residential and commercial buildings, which will further propel product demand in construction applications over the forecast period.
Rapidly expanding home decoration industry across emerging economies such as India and China is anticipated to fuel product demand from home dĩcorators within two decades from 2018 to 2030. In addition, rising consumer preference for single-family housing units with large backyards that can be used for hosting social events and BBQs is projected to boost market growth over the next eight years or so in this region significantly owing to increased production of cement by various manufacturers including Cemex SAB de CV., HeidelbergCement AG., etcetera.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing construction activities and home remodeling projects in emerging economies such as China, India, and Japan. In addition, rising demand for commercial buildings is anticipated to drive the regional market during the same period.
The European regional market held a share of more than 20% in terms of revenue in 2017 on account of high investments made by governments for infrastructural development across countries such as Russia and Italy. Moreover, government initiatives encouraging private participation are likely to boost construction activities across Europe over the coming years which will further fuel product demand during the forecast period.
Growth Factors:
- Increasing demand for green construction and renovation projects
- Rising demand from the infrastructure sector
- Growing use in the oil and gas industry
- Increasing popularity of precast concrete products
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Technical Mortar Market Research Report
By Type
Rapid Set Cement, Premix Sand Cement, Others
By Application
Construction Industry, Home Decoration Industry, Others
By Companies
USL Group, Parex Ltd, Saint-Gobain Weber, Y?ld?z Yap? Kimyasallar?, Ivas Industria Vernici Spa, Sika Group, Cementos Capa, Corporación Masaveu, Eurotiles Industrial Corporation, Zhejiang Taizheng Construction Material Co.,Ltd
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 Technical Mortar Market Report Segments:
The global Technical Mortar market is segmented on the basis of:
Types
Rapid Set Cement, Premix Sand Cement, Others
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:
- USL Group
- Parex Ltd
- Saint-Gobain Weber
- Y?ld?z Yap? Kimyasallar?
- Ivas Industria Vernici Spa
- Sika Group
- Cementos Capa
- Corporación Masaveu
- Eurotiles Industrial Corporation
- Zhejiang Taizheng Construction Material Co.,Ltd
Highlights of The Technical 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:
- Rapid Set Cement
- Premix Sand Cement
- Others
- 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 Technical 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?
Technical mortar is a type of mortar that is made from a mixture of sand, cement, and water.
Some of the major companies in the technical mortar market are USL Group, Parex Ltd, Saint-Gobain Weber, Y?ld?z Yap? Kimyasallar?, Ivas Industria Vernici Spa, Sika Group, Cementos Capa, CorporaciƒÂ³n Masaveu, Eurotiles Industrial Corporation, Zhejiang Taizheng Construction Material Co.,Ltd.
The technical mortar market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Technical 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. Technical Mortar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Technical Mortar Market - Supply Chain
4.5. Global Technical Mortar Market Forecast
4.5.1. Technical Mortar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Technical Mortar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Technical Mortar Market Absolute $ Opportunity
5. Global Technical 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. Technical Mortar Market Size and Volume Forecast by Type
5.3.1. Rapid Set Cement
5.3.2. Premix Sand Cement
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Technical 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. Technical 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 Technical 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. Technical 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 Technical 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. Technical 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 Technical Mortar Demand Share Forecast, 2019-2026
9. North America Technical 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 Technical 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 Technical 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 Technical Mortar Market Size and Volume Forecast by Type
9.7.1. Rapid Set Cement
9.7.2. Premix Sand Cement
9.7.3. Others
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 Technical Mortar Demand Share Forecast, 2019-2026
10. Latin America Technical 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 Technical 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 Technical 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 Technical Mortar Market Size and Volume Forecast by Type
10.7.1. Rapid Set Cement
10.7.2. Premix Sand Cement
10.7.3. Others
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 Technical Mortar Demand Share Forecast, 2019-2026
11. Europe Technical 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 Technical 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 Technical 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 Technical Mortar Market Size and Volume Forecast by Type
11.7.1. Rapid Set Cement
11.7.2. Premix Sand Cement
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potenial 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 Technical Mortar Demand Share, 2019-2026
12. Asia Pacific Technical 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 Technical 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 Technical 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 Technical Mortar Market Size and Volume Forecast by Type
12.7.1. Rapid Set Cement
12.7.2. Premix Sand Cement
12.7.3. Others
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 Technical Mortar Demand Share, 2019-2026
13. Middle East & Africa Technical 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 Technical 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 Technical 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 Technical Mortar Market Size and Volume Forecast by Type
13.7.1. Rapid Set Cement
13.7.2. Premix Sand Cement
13.7.3. Others
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 Technical Mortar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Technical Mortar Market: Market Share Analysis
14.2. Technical Mortar Distributors and Customers
14.3. Technical Mortar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. USL Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Parex Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Saint-Gobain Weber
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Y?ld?z Yap? Kimyasallar?
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ivas Industria Vernici Spa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sika Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cementos Capa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Corporación Masaveu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Eurotiles Industrial Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhejiang Taizheng Construction Material Co.,Ltd
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
