ASEAN Dry Mix Mortar Market Analysis by Mordor Intelligence
The ASEAN Dry Mix Mortar Market size is estimated at 10.38 million tons in 2025, and is expected to reach 13.27 million tons by 2030, at a CAGR of 5.02% during the forecast period (2025-2030). This expansion reflects large public‐sector housing programs, private real-estate recovery, and industrial capacity additions, pushing mortar volumes across the region. The ASEAN dry mix mortar market benefits from rapid urban migration, stronger building codes, and rising labor costs that favor pre-mixed solutions. Competitive intensity is growing as multinational producers add local plants and domestic cement majors move downstream into value-added mortars, creating a landscape where supply-chain control and product differentiation determine margin performance. Logistics constraints in archipelagic markets and raw-material price swings remain structural challenges, yet they also open opportunities for localized plants and premium specialty grades that reduce transport cost ratios. Sustainability mandates, particularly adopting low-carbon binder systems, are expected to tilt procurement choices toward formulations that meet new green codes.
Key Report Takeaways
- By application, render products held 41.23% of the ASEAN dry mix mortar market share in 2024; tile adhesives are forecast to advance at a 6.65% CAGR through 2030.
- By end-user industry, residential construction captured 64.75% share of the ASEAN dry mix mortar market size in 2024, while industrial and institutional demand is projected to grow at 6.18% CAGR to 2030.
- By geography, Indonesia led with 21.64% revenue share in 2024; Vietnam is accelerating at a 6.87% CAGR to 2030.
ASEAN Dry Mix Mortar Market Trends and Insights
Drivers Impact Analysis
| Drivers | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rapid urbanisation and infrastructure megaprojects | +1.5% | Global ASEAN, strongest in Indonesia, Vietnam, Philippines | Long term (≥ 4 years) |
| Labour-scarcity-driven demand for pre-bagged mortars | +1.2% | Malaysia, Singapore, Thailand core markets | Medium term (2-4 years) |
| Green-building codes and low-carbon mandates | +0.8% | Singapore, Malaysia leading, spillover to Indonesia | Medium term (2-4 years) |
| On-site silo systems adoption in high-rise projects | +0.7% | Urban centers: Jakarta, Kuala Lumpur, Bangkok, Ho Chi Minh City | Short term (≤ 2 years) |
| E-commerce platforms widening SME contractor access | +0.6% | Indonesia, Philippines, Vietnam with digital payment growth | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Rapid Urbanization and Infrastructure Megaprojects
ASEAN cities are forecast to absorb 84 million additional residents by 2030, lifting urbanization to 56% and driving sustained demand for housing, transport corridors, and social infrastructure. Annual infrastructure needs run to USD 60 billion, with projects such as the Trans-Sumatra toll road and Tuas mega-port underpinning mortar consumption. Indonesia’s 2024 construction strategy highlights supply-chain agility, ensuring local producers scale capacity to meet pipeline timelines[1]Kementerian Pekerjaan Umum, “Buku Konstruksi Indonesia 2024,” pu.go.id. Secondary cities outside national capitals now represent growth nodes, reshaping distribution maps for mortar suppliers. From flood mitigation to coastal defenses, climate adaptation requires specialty mixes that withstand aggressive environments, amplifying value-added volume opportunities.
Labor-Scarcity-Driven Demand for Pre-Bagged Mortars
Tighter foreign-worker quotas and an aging workforce have sharpened labor shortages in Malaysia and Singapore, encouraging contractors to adopt ready-mixed mortars that minimize on-site skill requirements. Small and medium enterprises increasingly favor standardized mixes that guarantee consistent quality and faster application. Digital commerce solutions let SME builders order pre-bagged formulations online, bypassing traditional distributors and shortening lead times. High-rise projects gain added value because uniform mixes reduce rework and material waste. Singapore’s Housing and Development Board has formal specifications for polymer-modified mortars in public housing, setting a regional benchmark for advanced products.
Green-Building Codes and Low-Carbon Mandates
New regulations are steering purchasing toward low-carbon and low-VOC formulations. Indonesia’s Regulation No. 2/2015 sets green material requirements, while the Philippine Green Building Code imposes similar thresholds[2]Fauziah Zen and Usha Iyer-Raniga, “Financing Infrastructure for Climate-Change Adaptation in Developing East Asia,” ERIA, eria.org . Singapore and Malaysia upgrade their standards frequently, prompting specification of slag-cement and fly-ash blends that cut embodied carbon. Indonesian producer PT Cemindo Gemilang launched Semen Merah Putih FLEXIPLUS, claiming lower greenhouse-gas footprints compared with ordinary Portland cement. National standard SNI 6385:2016 governing slag cement creates formal pathways for producers to qualify eco-friendly binders.
On-Site Silo Systems Adoption in High-Rise Projects
Large urban projects increasingly deploy bulk silos that feed automated mixers, eliminating bag handling and improving productivity for crews working in constrained spaces. Contractors benefit from consistent quality and reduced packaging waste, but the approach demands capital outlays for specialized delivery trucks and silo hardware. Logistics cost studies show that imported components in Indonesia’s cement projects account for a sizable share of total spend, illustrating the payoff for firms that localize bulk-delivery assets. Smaller players without fleet scale may struggle to compete, prompting consolidation or supply-contract partnerships with larger manufacturers.
Restraints Impact Analysis
| Restraints | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Price sensitivity of informal residential users | -0.9% | Indonesia, Philippines, Myanmar rural markets | Long term (≥ 4 years) |
| High CAPEX for plant and silo logistics in archipelagos | -0.6% | Indonesia, Philippines island markets | Medium term (2-4 years) |
| Additive supply-chain volatility (polymer powders) | -0.4% | Global ASEAN, acute in import-dependent markets | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Price Sensitivity of Informal Residential Users
Self-build homeowners in rural Indonesia, the Philippines, and Myanmar favor manual sand-cement mixes because packaged mortars carry price premiums they are unwilling to absorb. Cash transactions dominate these segments, limiting financing options that could justify higher upfront outlays through long-term performance gains. Smaller projects rarely specify quality benchmarks, so cheapest materials often win orders. Inflation shocks raise household costs and trigger project deferrals, directly trimming mortar demand in price-sensitive tiers.the
High CAPEX for Plant and Silo Logistics in Archipelagos
Island geographies complicate network planning. A company serving Java, Sulawesi, and Kalimantan must duplicate plants, depots, and marine logistics assets, pushing capital needs beyond the reach of many domestic midsize players. Silo-delivery fleets face added steering of port capacities and inter-island shipping schedules. These structural costs raise delivered prices, making scale and vertical integration critical success factors.
Segment Analysis
By Application: Render Dominance Amid Tile Adhesive Acceleration
Render accounted for 41.23% of the ASEAN dry mix mortar market share in 2024, supported by its dual protective and decorative roles in humid climates. Tile adhesives are expected to post a 6.65% CAGR through 2030 as rising income levels drive demand for premium ceramic flooring in high-rise apartments and retail interiors. The ASEAN dry mix mortar market size for tile adhesives is forecast to expand by 2025-2030 alongside urban condominium pipelines. Grout maintains a steady niche in infrastructure joints, while waterproofing slurries grow in coastal cities coping with heavy rainfall. Concrete protection and renovation receive support from aging bridges and ports requiring durable overlay solutions. National standards such as SNI 6880:2016 authorize packaged dry combined materials for structural concrete, reinforcing confidence in specialty formulations.
Second-generation renders with integral water repellents are winning specifications in public housing because they cut maintenance cycles. Tile adhesive producers offer deformability classes to fit new large-format porcelain tiles. Digital commerce platforms spotlight ready-to-use product calculators, easing contractor adoption. Waterproofing slurry demand dovetails with climate adaptation investments that prioritize building-envelope integrity. Innovation in low-carbon binders and recycled aggregate infill is set to differentiate suppliers targeting sustainable renovation.
Note: Segment shares of all individual segments available upon report purchase
By End-User Industry: Residential Foundation with Industrial Momentum
Residential projects contributed 64.75% of the ASEAN dry mix mortar market volume in 2024 as governments tackled housing deficits, and mortgage access improved. Indonesia’s backlog of 7.64 million units underscores the structural base for mortar consumption. Industrial and institutional facilities, although smaller, are the fastest risers with a 6.18% CAGR, driven by electronics plants, data centers, and logistics warehouses. The ASEAN dry mix mortar market size for industrial applications will widen as regional governments court foreign manufacturers seeking supply-chain diversification. Commercial spaces, including shopping malls and hospitality assets, offer stable demand anchored in urban service-sector growth. Infrastructure projects involving ports and airports require heavy-duty grouts and repair mortars that withstand chemical and mechanical stress.
Public-sector housing programs often specify simple plaster and render lines, whereas industrial users demand polymer-modified adhesives for precision tiling in clean-room environments. Institutional builds such as hospitals must meet strict hygiene criteria, favoring rapid-curing, low-VOC formulations. The broadening customer base compels producers to manage product portfolios that serve both commodity volume and niche performance grades.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
Indonesia led the market with 21.64% share in 2024, anchored by large-scale infrastructure funding and domestic cement capacity that enables integrated mortar production. Indonesia's ASEAN dry mix mortar market size is projected to grow steadily as the Trans-Sumatra and new capital city projects create material clusters across the archipelago. Vietnam is the fastest-growing geography at 6.87% CAGR to 2030, lifted by construction output gains and manufacturing investments relocating from North Asia. Logistics costs encourage local mortar plants that shorten supply chains and improve responsiveness.
Malaysia, Thailand, Singapore, and the Philippines form a second tier of mature but opportunity-rich markets. Thailand’s Eastern Economic Corridor drives industrial parks that procure specialty flooring mortars. Singapore emphasizes productivity and sustainability, mandating performance tests for polymer-modified mixes. Myanmar and the Rest of the ASEAN group present emerging potentials contingent on political stability and infrastructure financing.
Competitive Landscape
The ASEAN dry mix mortar market is moderately fragmented. Domestic cement majors such as SCG and PT Indocement extend downstream to capture higher margin products. Digital strategies are in focus. Several leaders deploy contractor apps that provide mix calculators and delivery tracking. Sustainability also drives differentiation: suppliers position slag-based, low-carbon mortars to secure green-building credits. Niche players thrive in marine-grade and high-temperature segments but face raw-material volatility. Overall, the top five producers jointly hold major regional volume, leaving space for agile specialists who tailor products to local codes and climate conditions.
ASEAN Dry Mix Mortar Industry Leaders
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Saint-Gobain
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Sika AG
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Holcim Ltd.
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Siam City Cement Group
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PT Indocement Tunggal Prakarsa Tbk
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- February 2025: Saint-Gobain, a French multinational corporation specializing in construction materials, completed the acquisition of Fosroc, Inc. for approximately EUR 960 million (USD 1.03 billion). This acquisition strategically enhances Saint-Gobain's leadership in light and sustainable construction while significantly strengthening Fosroc's position as a key player in the global construction chemicals sector. The deal provided Fosroc access to Saint-Gobain's extensive resources and global network, enabling further growth and innovation.
- January 2025: Sika AG inaugurated a new automated and sustainable plant in Singapore, enhancing regional supply capabilities and supporting growth in the ASEAN dry mix mortar market through improved efficiency, reduced waste, and future solar integration.
ASEAN Dry Mix Mortar Market Report Scope
Dry mix mortar is produced by mixing various raw materials, including sand, limestone powder, binders like cement, hydrated lime, white cement, and gypsum, and additives like methylcellulose, synthetic resin, hydrophobic agent, and others.
The ASEAN dry mix mortar market is segmented by application, end-user industry, and geography. By application, the market is segmented into plaster, render, tile adhesive, grout, waterproofing slurry, concrete protection and renovation, insulation and finishing systems, and other applications (bonding mortar, external plaster, etc.). By end-user industry, the market is segmented into residential and non-residential. The report also covers the size and forecasts for the market in seven countries across the region. For each segment, the market sizing and forecasts are based on volume (tons).
| Plaster |
| Render |
| Tile Adhesive |
| Grout |
| Water Proofing Slurry |
| Concrete Protection and Renovation |
| Insulation and Finishing System |
| Others |
| Residential |
| Commercial |
| Infrastructure |
| Industrial and Institutional |
| Malaysia |
| Indonesia |
| Thailand |
| Singapore |
| Philippines |
| Vietnam |
| Myanmar |
| Rest of ASEAN |
| By Application | Plaster |
| Render | |
| Tile Adhesive | |
| Grout | |
| Water Proofing Slurry | |
| Concrete Protection and Renovation | |
| Insulation and Finishing System | |
| Others | |
| By End-user Industry | Residential |
| Commercial | |
| Infrastructure | |
| Industrial and Institutional | |
| By Geography | Malaysia |
| Indonesia | |
| Thailand | |
| Singapore | |
| Philippines | |
| Vietnam | |
| Myanmar | |
| Rest of ASEAN |
Key Questions Answered in the Report
What is the current size of the ASEAN dry mix mortar market?
The market reached 10.38 million tons in 2025 and is forecast to expand to 13.27 million tons by 2030.
Which application holds the largest share in ASEAN mortar demand?
Render products led with 41.23% share in 2024, driven by their protective and decorative roles in humid climates.
Which country is growing fastest for dry mix mortars in ASEAN?
Vietnam is projected to grow at a 6.87% CAGR through 2030 on the back of robust construction and manufacturing investments.
How are sustainability regulations affecting mortar formulations?
Green-building codes in Indonesia, Singapore, and other markets are pushing adoption of low-carbon binders such as slag cement and recycled aggregates.
Why are silo systems gaining traction in high-rise projects?
Silo delivery cuts labor costs, improves mix consistency, and minimizes packaging waste, which is crucial on space-constrained urban job sites.
What challenges face mortar producers in archipelagic markets?
High capital costs for multi-island plants and marine logistics raise delivered prices and require localized production strategies.
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