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Ready-mix Mortar Market (Application - Waterproofing Mortar, Concrete Repair & Protection Mortars, and Others; End-user - Residential, and Non-residential): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Ready-mix Mortar Market (Application - Waterproofing Mortar, Concrete Repair & Protection Mortars, and Others; End-user - Residential, and Non-residential): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Report Code: CM00913 Category: Chemicals & Materials Published: July, 2022

A recent report published by Infinium Global Research on the ready-mix mortar market provides an in-depth analysis of segments and sub-segments in the global as well as regional ready-mix mortar market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional ready-mix mortar market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global ready-mix mortar market. According to the report, the global ready-mix mortar market is projected to grow at a CAGR of around 7% over the forecast period of 2022-2028.

Market Insight

The revenue generated by the global ready-mix mortar market is more than about USD 50 billion in 2022 and is expected to reach approximately USD 70 billion in 2028 and is expected to grow with a CAGR of around 7% over the forecast period 2022-2028. Ready-mix mortars are the concrete material used in the construction sector. It is the composition of fine aggregates such as sand and coarse aggregates, cement mixed with water that cures with time. Ready-mix mortars are primly used to get desired durability and strength in construction work, and for this purpose, the respective ingredients are mixed in proportion per standard codes. Furthermore, the ready-mix mortars s provide convenience, ease of use, and better quality; hence this type of concrete is favored over regular concrete. The ready-mix mortar finds use in constructing residential & commercial buildings, manufacturing facilities, and roads. Due to the rise in demand for versatile building materials and an increase in concern toward solid construction, the need for ready-mix mortars is increasing.



Ready-mix Mortar Market


With the COVID-19 lockdown, the ready-mix mortar market has witnessed negative growth during the forecast period. Because the COVID-19 outbreak has forced several people across the country to spend more extended reception, this decreased the assembly of the products and affected sales. Furthermore, the expansion of the market is extremely obsessed with construction activities. Parties involved in construction projects are having difficulties in moving projects forward and finding solutions to claims arising from on-site suspensions, delays, and extra costs. While some construction contracts have already been terminated because of the pandemic, many others are being renegotiated. This directly affected the expansion of the ready-mix mortar market during the covid-19 pandemic.


The ready-mix mortar market is primarily driven by the growth in the repair and maintenance work of the existing buildings and infrastructure projects around the world. The use of high-tech concrete mixers and trucks has emerged as an important factor in promoting the use of ready-mix mortars in big development and maintenance projects. Ready-mix mortar speeds up the construction process and reduces the cost of construction and repair work significantly. Further, the ready-mix mortars are produced using high-tech machinery and the mixture is perfectly blended to reduce the cracks in the construction walls. However, the production of ready-mix mortar requires heavy machinery and skill sets among the employees who work on these projects which restraints the market growth. The initial cost of the machinery and regulatory approvals is significantly high in the world. Moreover, numerous large-scale government projects are lined up for repair and new build-up in the European region which is expected to provide growth opportunities to the market players.

Geographically, Asia Pacific dominates the ready-mix mortar market. The growing population in nations including India and China is anticipated to increase the demand for construction activities in the residential sector, which is expected to increase the use of ready-mix mortar. Social infrastructure, such as government buildings, schools, and hospitals, as also water resources and infrastructure for defense, are the main sectors where growth is anticipated. The demand for ready-mix mortar in the area is anticipated to rise throughout the course of the projection due to all of the aforementioned variables. New building activities are anticipated to expand as the world, especially North America, becomes more urbanized, which will raise the demand for ready-mix mortar in the construction industry. Countries such as USA and Canada are upgrading their infrastructure which is expected to offer opportunities in the future.

Segment Covered

The report on the global ready-mix mortar market covers segments such as application, and end-user. On the basis of application, the sub-markets include waterproofing mortar, concrete repair & protection mortars, and others. On the basis of end-user, the sub-markets include residential, and non-residential.

Companies Profiled:

The report provides profiles of the companies in the market such as Heidelberg Cement, MBCC Group, CEMEX, Tremco CPG Inc., Saint-Gobain, Ardex Group, Travis Perkins, Laticrete International Inc., ACC Ltd., and The Ramco Cements Limited.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the ready-mix mortar market. Moreover, the study highlights current market trends and provides forecasts from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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