Dry-mix Mortar Additives And Chemicals Market Size

Statistics for the 2023 & 2024 Dry-mix Mortar Additives And Chemicals market size, created by Mordor Intelligence™ Industry Reports. Dry-mix Mortar Additives And Chemicals size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Dry-mix Mortar Additives And Chemicals Industry

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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

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*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 Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)