Europe Dry-mix Mortar Market - Forecasts from 2024 to 2029

The European dry-mix mortar market is anticipated to grow at a compound annual growth rate (CAGR) of 4.28% during the forecast period.

Dry mix mortar is a versatile material used in the construction industry. It is used in laying bricks, coat building, and proofing. The application of dry-mix mortar extends to the grouts, plaster, render, tile adhesive, waterproofing slurries, insulation, finishing systems, and other applications. Further, it helps improve structures, modernize structures, and reduce cost and wastage. Dry mix mortar can be easily transported, stirred, pumped, and applied by a machine, making it more efficient.

Dry-mix mortar can be ordinary for masonry projects, plastering works, and ground mortar works. Special dry mix mortar can be a thin layer of dry powder mortar, decorative dry powder mortar, or dry powder mortar. Its functions can include crack resistance, high adhesion, waterproofing, impermeability, and decoration.

• Ongoing and upcoming mega-infrastructure projects in Europe have expanded the demand and supply of materials related to the project's development. To drive the market's growth, Europe witnessed 135 mega projects potential, which would cost approximately $100 million each year including the first US Hamburg Subway Line Development involving the construction of the U5 subway line. The second one is the Dieppe-Le Treport Offshore Wind Farm 496 MW, involving the construction of a 496 MW offshore wind farm about 15km off the coast of Le Tréport and 17km off the coast of Dieppe in Haute-Normandie Region, France. The third is the Houten to Hooipolder Route Improvement, further involving upgrading the 47km road from A27 between Houten to Hooipolder in Utrecht, the Netherlands. Then it is the Codogno-Cremona-Mantova Doubling Railway Line, which involves doubling an 84kn railway line connecting Codogno to Mantua via Cremona in Lombardy, Italy.

EUROPE DRY-MIX MORTAR MARKET DRIVERS:

Advantages over traditional wet mortar mixes

Dry-mix mortar is essential providing multiple advantages over the traditional wet mortar mixes owing to the factor that it can be easily transported in a container, pumped, stirred, and even applied on a machine, thus resulting in it working efficiently with the manifolds. Multiple dry-mix mortar raw materials such as additives, cement, and even sand are mixed in accordance with a specific formula in a mixer for even distribution. Dry-mix mortar is an environmentally friendly choice that can contribute to energy savings and emission reduction. Overall, it reduces dust pollution on the construction site, improves labor security, contributes to work efficiency, and is beneficial to environmental protection.

Rising construction activities

The growth of the construction industry has been driven by multiple factors, such as demand from growing urbanization, demand for green buildings, rising economic development, and demand for superior architecture and buildings. As the world grows, it is urbanized, and sustainable development depends increasingly on the growing infrastructure and construction activities. The growth of the industry would increase employability in the manufacturing industry and the overall demand for raw materials in the sector, including the use of dry-mix mortar.

According to Germany Works, one of Europe’s biggest construction markets is Germany, which encompasses the continent's largest building stock. In 2021, the industry’s revenue increased by 5.9 percent, reaching Euro 143 billion. The construction market in Germany is furthermore expected to increase with the increasing annual investments, which have been growing since 2015.

Additionally, the United Kingdom is considered to be the world’s largest construction market which is generating a strong interest for the U.S. exporters with an estimated $386 billion in 2023, allowing the employment of 2.8 million people. Furthermore, infrastructure is regarded as the strongest construction subsector in the UK, with the output of infrastructure increasing by 4.6% in 2023. Additionally, there was an affirmation in the commitment to spending $127.4 billion to support economic infrastructure from 2022-23 and 2024-25. All of these factors combined will drive the market’s growth.

Europe Dry-mix mortar market restraints:

• The lack of standardization and regulation is making it difficult for the quality of dry mortar to be managed and controlled. This has created a barrier and challenge for the buyer to be assured of the products they are buying and hindered further market growth.
• Rising measures against curbing greenhouse emissions and controlling the overall growth of carbon. The major challenge is the application and manufacturing of dry mix mortar.

Europe Dry-mix mortar market key developments:

• In June 2023, Mondi Group introduced SolmixBag, a water-soluble bag for the construction industry. It is purposely created to store and transport dry construction materials such as cement and dry mix mortar products. It is designed to dissolve when coming in contact with water. This innovative product helps to reduce wastage, lower paper waste management costs, and minimize dust on the construction site.
• In March 2023, ARDEX Group announced the acquisition of Score Tech Mortars. The latter is a leading manufacturer of construction chemicals for the Hong Kong and Macau markets. They are a leading supplier of dry-mix mortar products for the public housing, government buildings, and infrastructure sectors. The acquisition is important for the growth in the European region.

The European dry-mix mortar market is segmented and analyzed as follows:

By Application

• Grouts
• Plaster
• Render
• Tile Adhesive
• Water Proofing Slurries
• Insulation and Finishing Systems
• Concrete Protection and Renovation
• Other Applications

By End-user Industry

• Residential
• Commercial
• Infrastructural
• Others

By Country

• United Kingdom
• Germany
• France
• Italy
• Spain
• Rest of Europe