Dry Mix Mortar Market

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Dry Mix Mortar Market Global Industry Forecast
Analysis over 2019 - 2025
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• Dry Mix Mortar Market Scenario

• Dry mix mortar has good workability and excellent
  sag resistance. Its superior tensile and
  compressive flexural strength, water resistance
  ability, flexibility and consistent quality
  enhances the overall quality of the structure.
  Dry mix mortar provides better surface finish and
  appearance, requires less supervision and ensures
  a long-term security of the structures. Moreover,
  its ease of usage and cost-effectiveness will
  drive the dry mix mortar market growth in coming
  years.
• Dry Mix Mortar Market will witness a significant
  growth in coming years owing to the increasing
  construction activities in Asia Pacific region
  and increasing residential construction in the
  U.S.
• Increasing residential construction activities in
  the U.S. is another factor that will propel the
  demand for dry mix mortar in near future. The
  residential construction spending in the U.S. was
  increased by 25 between 2014 to 2018. This can
  be attributed to the higher disposable income and
  high standard of living in the region, and will
  drive the dry mix mortar demand in coming years.
  However, the rise of green construction coupled
  with strict government regulations might hamper
  the growth of global dry mix mortar market in
  coming years.

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• Rising construction activities, especially in the
  Asia Pacific region, is one of the major factors
  that will boost the growth of global dry mix
  mortar market. Increasing population, growing
  disposable income, increasing government
  initiative for infrastructure development,
  availability of raw materials, and low labor cost
  will prosper the construction industry in the
  region.
• India, the second fastest growing construction
  market in the region, several construction
  projects such as Delhi-Mumbai Industrial
  Corridor, Navi Mumbai International Airport,
  World One Tower, etc. are to be completed by
  2019. This ongoing trend in these major countries
  coupled with private investments for
  infrastructure development in the South East
  Asian countries will drive the construction
  industry, which in turn will prosper the demand
  of dry mix mortar in the region.

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• Regional Analysis

• The global construction spending is majorly
  contributed by the emerging economies. China,
  India and Japan drive the construction market in
  the Asia Pacific region. China, the largest
  construction market in the world, has more than
  300 construction projects including industrial,
  infrastructural, residential and commercial
  projects in Beijing pipelined for 2019 which is
  worth over USD 30 billion.

• Competitive Analysis

• Some of the key market players of dry mix mortar
  market are Parex Group, Sika AG, Samex SAB de CV,
  Ardex Group, RCMPL, The Ramco Cements Ltd, Dow
  DuPont, LafargeHolcim, Saint-Gobain Weber, CEMEX,
  etc. The top players in the market are focusing
  on product innovation, business expansion through
  mergers and acquisitions, production capacity
  expansion to gain competitive advantage. Sika AG
  opened a facility in Mexico for the production of
  mortar which has helped the company to enhance
  its position in the Latin America region.

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