Dry Mix Mortar Additives and Chemicals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Construction Additives Market is segmented by Type (Additives, Chemicals, and Accelerators) and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). The market size and forecasts for dry-mix additives and chemicals in volume (kilotons) for all the above segments.

Dry Mix Mortar Additives and Chemicals Market Size

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Dry-mix Mortar Additives And Chemicals Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.52 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Dry-mix Mortar Additives And Chemicals Market

*Disclaimer: Major Players sorted in no particular order

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Dry Mix Mortar Additives and Chemicals Market Analysis

The Dry-mix Mortar Additives And Chemicals Market size is expected to grow from 21.35 million tons in 2023 to 26.63 million tons by 2028, at a CAGR of 4.52% during the forecast period (2023-2028).

The dry-mix mortar additives and chemicals market was adversely impacted by COVID-19 in 2020. However, post-COVID-19 pandemic, the conditions started recovering in 2021, restoring the market's growth trajectory during the forecast period.

  • Over the short term, increasing construction activities in the Asia-Pacific and long-term cost-effectiveness in the construction industry are the major factors driving the market.
  • Conversely, a slowdown of construction activities in the United States and Europe is expected to hinder market growth.
  • The increase in demand for eco-friendly construction is likely to act as an opportunity for the market studied over the forecast period.
  • Asia-Pacific represents the largest market and is expected to be the fastest-growing market over the forecast period, owing to the increasing consumption from countries such as China, India, and ASEAN Countries.

Dry Mix Mortar Additives and Chemicals Market Trends

Re-dispersible Polymer Powder Likely to Dominate the Additives Segment

  • Re-dispersible powders are obtained by spray drying the corresponding aqueous polymer dispersions containing a redispersing agent while adding finely ground inorganic materials as anticaking agents. The re-dispersibility of the polymer powder is the most critical parameter to achieving mortar performances, like adhesion onto the substrate and abrasion resistance.
  • Re-dispersible polymer powder is the most important binder in cement- and gypsum-based dry powder material. Re-dispersible polymer powder is a spray-dried powder of polymer emulsion. It is re-emulsified with water and has the same properties as the original emulsion, i.e., a film can be formed after water evaporation. This film has high toughness, weather resistance, and adhesion to a substrate. In addition, the latex powder with hydrophobic properties can improve the waterproof performance of the waterproof mortar.
  • Performance of re-dispersible polymer powder in a dry mortar:
    • Improves the adhesion of dry mortar to various substrates and ensures the weather resistance of mortar bond strength under different conditions of use. For example, it may be used to improve the bond strength between mortar and EPS board, EPS particles, concrete walls, and brick walls in the thermal mortar.
    • Re-dispersible polymer powder can reduce the water absorption of the material, and the special hydrophobic latex powder effect is more pronounced. It reduces water and damage caused by water to the molded mortar.
    • Some re-dispersible polymer powders can improve sag resistance and fluidity of the mortar to improve the construction performance of the mortar.
  • Thus, the demand for the re-dispersible polymer powder segment is likely to increase in the market studied.
Dry-Mix Mortar Additives and Chemicals Market, Additive Type, Growth Rate (%), 2023-2028

Asia-Pacific to Dominate the Market

  • Asia-Pacific is expected to account for the largest share of the overall dry-mix mortar additives and chemicals market during the forecast period.
  • Currently, China, India, and ASEAN Countries are among the largest producer and consumers of dry mix mortar in the region and the fastest-growing countries in terms of consumption of dry mix mortar.
  • China holds the largest Asia-Pacific market share for the dry-mix mortar additives and chemicals market.
  • In 2021, Sika AG opened a new production facility of mortar in Jiaxing City, in the province of Zhejiang in Eastern China, in response to high demand from the region.
  • In 2022, Sika AG opened a new plant for liquid membranes and mortar production in Chongqing, a city in southwestern China. The automotive, finance, and logistics sectors are well represented in the Chengdu-Chongqingregion and the construction industry benefits from these operations and companies' efforts to achieve more sustainable production.
  • The demand for the dry-mix mortar additives and chemicals market is expected to rise throughout the forecast period due to rising investments and construction activity in the country. China is a huge contributor, as it has been one of the leading investors in infrastructure worldwide over the past few years. For instance, according to the National Bureau of Statistics (NBS) of China, in 2022, the output value of construction works in China amounted to CNY 27.63 trillion (USD 4,108.581 billion), an increase of 6.6% compared with 2021.
  • Moreover, according to the country's Ministry of Housing and Urban-Rural Development, the construction industry will maintain a 6% share of the country's GDP by 2025. There is a growing trend in the country for prefabricated buildings, which is expected to account for more than 30% of the country's new construction.
  • According to the National Development and Reform Commission, the Chinese government approved 26 infrastructure projects at an estimated investment of about USD 142 billion, which are estimated to be completed by 2023. The growing demand for housing is expected to drive residential construction in the public and private sectors.
  • Furthermore, India is also witnessing considerable investments in infrastructure projects, likely to provide massive demand for the market studied. Thus, growing infrastructural development in India is expected to augment the demand for dry-mix mortar additives and chemicals.
  • According to IBEF, in Union Budget 2022-2023, the government allocated INR 10,00,000 crore (USD 130.57 billion) to enhance the infrastructure sector. Moreover, India plans to spend USD 1.4 trillion on infrastructure through the 'National Infrastructure Pipeline' in the next five years.
  • According to the Desalination Association of India, there are more than 1000 desalination plants of various capacities ranging from 20 m3/day to 10,000 m3 /day. Most of the large desalination plants in India are in the municipal sector. NITI Aayog (Government Central Planning Commission) plans to set up more plants in water scare cities like Chennai, Mumbai, Kolkata, Surat, and Vizag. This is expected to drive the market of polymer-modified dry-mix mortar waterproofing slurries. Waterproofing slurries are used in pipes and tanks, which might be prone to weathering, stress, and crack formation. Thus, this is expected to bolster India's demand for dry-mix mortar additives and chemicals.
  • Hence, owing to the aforementioned factors, the demand for dry-mix mortar additives and chemicals is expected to increase in Asia-Pacific over the forecast period rapidly.
Dry-Mix Mortar Additives and Chemicals Market Regional Trends

Dry Mix Mortar Additives and Chemicals Industry Overview

The dry-mix mortar additives and chemicals market is partly consolidated. The major companies in the market studied include Wacker Chemie AG, Dow, BASF SE, Evonik Industries AG, and Sika AG, among others.

Dry Mix Mortar Additives and Chemicals Market Leaders

  1. Wacker Chemie AG

  2. Dow

  3. BASF SE

  4. Evonik Industries AG

  5. Sika AG

*Disclaimer: Major Players sorted in no particular order

Dry-mix Mortar Additives And Chemicals Market Concentration
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Dry Mix Mortar Additives and Chemicals Market News

  • December 2022: The company inaugurated a new Dry Mix Division manufacturing plant at Salem in Tamil Nadu. This plant would manufacture Ramco Tile Fix in six variants, Ramco Tile Grout in 40 color shades, Ramco Block Fix, Ramco Super Plaster - ready mixed with sand in three variants, and Ramco Super Fine -putty.
  • April 2022: Saint-Gobain announced that it opened a new manufacturing facility for mortars in Antalya, Turkey, with an annual production of 200,000 tons to strengthen its position in the region.
  • January 2022: Sika AG confirmed the acquisition of MBCC Group from an affiliate of Lone Star Funds. The combined business would be a key accelerator in enabling Sika's and MBCC Group's customers.

Dry Mix Mortar Additives and Chemicals Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Construction Activities in Asia-Pacific

      2. 4.1.2 Long-term Cost-effectiveness in the Construction Industry

      3. 4.1.3 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Slowdown of Construction Activities in the United States and Europe

      2. 4.2.2 High Cost of Investments

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Additives

        1. 5.1.1.1 Redispersible Polymer Powder

        2. 5.1.1.2 Plasticizers

        3. 5.1.1.3 Defoamers

        4. 5.1.1.4 Cellulose Ether

        5. 5.1.1.5 Air Entraining Agents

        6. 5.1.1.6 Other Additives

      2. 5.1.2 Chemicals

        1. 5.1.2.1 Shrinkage (Anhydrites)

        2. 5.1.2.2 Retarders

          1. 5.1.2.2.1 Na-citrate

          2. 5.1.2.2.2 Na-tartrate

          3. 5.1.2.2.3 Gypsum

          4. 5.1.2.2.4 Phosphonate-based Retarders

        3. 5.1.2.3 Accelerators

          1. 5.1.2.3.1 Ca-Formate

          2. 5.1.2.3.2 Ca-carbonate

          3. 5.1.2.3.3 Ca-nitrate

          4. 5.1.2.3.4 Li-Carbonate

          5. 5.1.2.3.5 CSH and CSA Accelerators

    2. 5.2 Geography

      1. 5.2.1 Asia-Pacific

        1. 5.2.1.1 China

        2. 5.2.1.2 India

        3. 5.2.1.3 Japan

        4. 5.2.1.4 South Korea

        5. 5.2.1.5 Rest of Asia-Pacific

      2. 5.2.2 North America

        1. 5.2.2.1 United States

        2. 5.2.2.2 Canada

        3. 5.2.2.3 Mexico

      3. 5.2.3 Europe

        1. 5.2.3.1 Germany

        2. 5.2.3.2 United Kingdom

        3. 5.2.3.3 Italy

        4. 5.2.3.4 France

        5. 5.2.3.5 Rest of Europe

      4. 5.2.4 South America

        1. 5.2.4.1 Brazil

        2. 5.2.4.2 Argentina

        3. 5.2.4.3 Rest of South America

      5. 5.2.5 Middle East & Africa

        1. 5.2.5.1 Saudi Arabia

        2. 5.2.5.2 South Africa

        3. 5.2.5.3 Rest of Middle East &Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 AGRANA Beteiligungs AG

      2. 6.4.2 Ashland

      3. 6.4.3 Avebe

      4. 6.4.4 BASF SE

      5. 6.4.5 Celanese Corporation

      6. 6.4.6 CEMEX S.A.B. de CV

      7. 6.4.7 Chemstar Products Company

      8. 6.4.8 DCC

      9. 6.4.9 Don Construction Products Ltd

      10. 6.4.10 Dow

      11. 6.4.11 Emsland Group

      12. 6.4.12 Evonik Industries AG

      13. 6.4.13 Innospec

      14. 6.4.14 Kima Chemical Co. Ltd

      15. 6.4.15 LOTTE Fine Chemical

      16. 6.4.16 Mapei SpA

      17. 6.4.17 Nouryon

      18. 6.4.18 Rudolf GmbH

      19. 6.4.19 SE Tylose GmbH & Co. KG (ShinEtsu)

      20. 6.4.20 Shandong Head Co. Ltd

      21. 6.4.21 SIDLEY CHEMICAL CO. LTD

      22. 6.4.22 Sika AG

      23. 6.4.23 SMScor

      24. 6.4.24 The Euclid Chemical Company

      25. 6.4.25 Wacker Chemie AG

      26. 6.4.26 Berolan GmbH

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Increase in demand for Eco Friendly Construction

**Subject to Availability
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Dry Mix Mortar Additives and Chemicals Industry Segmentation

Dry-mix mortar additives and chemicals are added to the mortar to enhance the chemical properties, thereby improving the performance, such as structural strength, flexibility, bonding strength with various substrates, compressive strength, and abrasion resistance.

The dry-mix mortar additives and chemicals market is segmented by type and geography. By type, the market is segmented into additives, chemicals and accelerators. The additives type is further segmented into re-dispersible polymer powder, plasticizers, defoamers, cellulose ether, air-entraining agents, and other additives. The chemicals segment is divided into shrinkage (anhydrite), retarders, accelerators, and other chemicals. The accelerators segment is segmented into Ca-Formate, Ca-carbonate, Ca-nitrate, Li-Carbonate, and CSH and CSA Accelerators. The market is segmented by geography into Asia-Pacific, North America, Europe, South America, and Middle East & Africa. The report also covers the market size and forecasts in 15 countries across major regions. The market sizing and forecasts have been done for each segment based on volume (tons).

Type
Additives
Redispersible Polymer Powder
Plasticizers
Defoamers
Cellulose Ether
Air Entraining Agents
Other Additives
Chemicals
Shrinkage (Anhydrites)
Retarders
Na-citrate
Na-tartrate
Gypsum
Phosphonate-based Retarders
Accelerators
Ca-Formate
Ca-carbonate
Ca-nitrate
Li-Carbonate
CSH and CSA Accelerators
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East &Africa
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Dry Mix Mortar Additives and Chemicals Market Research FAQs

The Dry-mix Mortar Additives And Chemicals Market is projected to register a CAGR of 4.52% during the forecast period (2024-2029)

Wacker Chemie AG, Dow, BASF SE, Evonik Industries AG and Sika AG are the major companies operating in the Dry-mix Mortar Additives And Chemicals Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia Pacific accounts for the largest market share in Dry-mix Mortar Additives And Chemicals Market.

The report covers the Dry-mix Mortar Additives And Chemicals Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Dry-mix Mortar Additives And Chemicals Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Dry Mix Mortar Additives and Chemicals Industry Report

Statistics for the 2024 Dry Mix Mortar Additives and Chemicals market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Dry Mix Mortar Additives and Chemicals analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Dry Mix Mortar Additives and Chemicals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)