The Market Intelligence Data has published the obtain ability of a new statistical data to its repository titled as, Dry Mix Mortar Market. The report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
The dry mix mortar market (hereafter, referred to as the market studied) is expected to register a CAGR of greater than 6% during the forecast period.
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The dry mix mortar market is consolidated in nature. The major players of the market studied include, Parex Group, Sika AG ( OTC: SXYAY ), CEMEX, and Mapei SpA amongst others. Other significant players in the market include LafargeHolcim, Saint-Gobain, and BASF SE, among others.
Major factor driving the market studied is the increasing amount of construction activities in the United States and Asia-Pacific. However, the high prices of dry mix mortars, as compared to conventional mortars, and the lack of awareness in developing economies are likely to hinder the growth of the market studied. The non-residential sector dominated the dry mix mortar market in 2018 and is expected to grow during the forecast period, owing to the growing construction activities globally.Emerging trend of green building certifications is likely to act as opportunities in the future. Asia-Pacific dominated the market studied, with the largest consumption from the countries, such as China, India, and Japan.
Key Market Trends
China to Dominate the Market in Asia-Pacific Region
China is among the global drivers in the consumption of dry mix products, owing to the huge infrastructure and residential growth taking place in the country.The Chinese government has rolled out massive construction plans, including making provision for the movement of 250 million people to its new megacities over the next ten years, despite efforts to rebalance its economy to a more service-oriented form. As the construction industry is dominated by state-owned and private enterprises, increased government and private spending in this regard are pushing the industry to the peak position in the world.The number of high bridge constructions in China surpasses the rest of the world. On average, the Chinese government is constructing 50 high bridges a year, while the rest of the world construct about 10 every year. Owing to the increasing infrastructure constructions, along with increasing production volumes of dry mix mortar in the country, the demand for dry mix mortar is expected to increase at a significant rate during the forecast period.
Regional Analysis For Dry Mix Mortar Market:
The report offers in-depth assessment of the growth and other aspects of the «Dry Mix Mortar Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
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Influence of the Dry Mix Mortar Market Report:
-Comprehensive assessment of all opportunities and risk in the Dry Mix Mortar Market.
-The Dry Mix Mortar Market recent innovations and major events.
-Detailed study of business strategies for growth of the Dry Mix Mortar Market leading players.
-Conclusive study about the growth plot of Dry Mix Mortar Market for forthcoming years.
-In-depth understanding of Dry Mix Mortar Market particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Dry Mix Mortar Market.
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Dry Mix Mortar Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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