Europe Dry Mix Mortar Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

Europe Dry Mix Mortar Market Trends

Office building expansion projects in countries such as Spain and Italy are boosting the commercial construction market in Europe

• Europe witnessed a 12.70% surge in the new floor area for commercial construction in 2022, driven by an increased focus on constructing energy-efficient office buildings, which aligns with the region's 2030 carbon emission targets. As employees returned to office spaces, European companies, in turn, ramped up their leasing decisions, resulting in the addition of 5.7 million square feet of new office space in 2022. This growth was expected to persist in 2023, with a projected growth rate of 2.68% over 2022.
• The COVID-19 pandemic caused a significant labor and material shortage, leading to the cancellation or postponement of several commercial construction projects. However, as lockdowns eased and construction activities resumed, Europe witnessed a robust 16.60% growth in new floor area for commercial construction in 2021, with Spain being the leader with a 105.05% growth rate.
• The commercial construction sector in Europe is poised for substantial growth, with the new floor area anticipated to register a CAGR of 3.88% during the forecast period. Noteworthy projects, such as the USD 65 million Milan US Consulate General Complex in Italy, slated for completion by 2025, and the USD 260 million Arteixo Office Building Expansion in Spain, spanning 1.8 million square feet and set to be operational in 2024, are expected to bolster the region's commercial construction landscape. As consumer preferences shift from online to in-person retail experiences, the new floor area is expected to increase by 428.3 million square feet for retail shopping malls in Europe by 2030 compared to 2022.

Affordable housing schemes in the UK and Europe and growth in housing project completions are expected to increase the new floor area for residential construction

• Europe's residential construction sector witnessed a 2.71% growth in new floor area in 2022 compared to the previous year. This can be attributed to the escalating urbanization rate, with the urban population accounting for 75% of the total in 2022, up from 73.5% in 2020. This trend was expected to persist in 2023, with a projected growth rate of 3.21% over 2022. According to the EURO CONSTRUCT network, Europe witnessed a 2.7% rise in housing project completions in 2023, with notable increases in Hungary, Ireland, Norway, and Poland.
• The COVID-19 pandemic led to an economic downturn, resulting in the cancellation or postponement of numerous residential construction projects. Consequently, the new floor area for residential construction in Europe plummeted by 9.40% in 2020 compared to the preceding year. However, as lockdown restrictions eased and construction activities resumed, the sector rebounded strongly, with an 18.28% surge in new floor area in 2021 compared to 2020. Spain led the growth with a remarkable 40.23% increase, followed by Italy at 25.07%.
• The new floor area for residential construction in Europe is projected to witness a CAGR of 3.89% during the forecast period. The United Kingdom is poised to lead this growth, recording a CAGR of 5.94%. This growth can be attributed to factors such as a mounting demand for affordable housing, particularly in urban centers grappling with population growth and limited housing supply. The UK government's Affordable Homes Programme, backed by an investment of USD 8 billion, aims to deliver 130,000 housing units by 2026, bolstering the nation's residential construction floor area.

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

Segment Analysis: End Use Sector

Residential Segment in European Dry Mix Mortar Market

The residential sector dominates Europe's dry mix mortar market, commanding approximately 64% of the total market share in 2024. This substantial market presence is primarily driven by the extensive use of dry mortar mix in various residential applications, including rendering, plastering, waterproofing, and tiling work. The sector's dominance is further reinforced by the increasing focus on energy-efficient renovations across European households, with render and plaster applications collectively accounting for nearly 64% of the sector's total dry mix mortar consumption. The residential sector's strong position is also supported by various government initiatives promoting sustainable building practices and energy-efficient home renovations throughout Europe.

Commercial Segment in European Dry Mix Mortar Market

The commercial sector is emerging as the fastest-growing segment in Europe's dry mix mortar market, with projections indicating robust growth through 2024-2029. This accelerated growth is primarily driven by the increasing emphasis on sustainable commercial buildings and the European Commission's renovation wave initiative. The sector's growth is particularly notable in applications such as grouts and tile adhesives, where the demand is rising significantly due to the increasing adoption of tile-based flooring in commercial spaces. The surge is further supported by the escalating number of office building renovations aimed at enhancing energy efficiency and meeting the region's carbon emission targets.

Remaining Segments in End Use Sector

The industrial & institutional and infrastructure segments play crucial roles in shaping the European dry mix mortar market landscape. The industrial & institutional sector's demand is primarily driven by the construction of manufacturing facilities, educational institutions, and healthcare facilities, with a particular focus on clean energy technology installations. Meanwhile, the infrastructure segment's consumption is closely tied to major transportation and public infrastructure projects across Europe, including railway stations, airports, and bridges, where dry mortar mix is essential for various applications including concrete protection, renovation, and waterproofing.

Segment Analysis: Application

Render Segment in Europe Dry Mix Mortar Market

The render segment maintains its dominant position in the European dry mix mortar market, commanding approximately 34% of the total market share in 2024. This substantial market presence is attributed to render's widespread usage in finishing concrete and cement surfaces across residential, industrial, and infrastructure sectors. The segment's prominence is particularly evident in the commercial sector, where the demand for aesthetic and protective external wall finishes continues to drive consumption. The increasing focus on building renovations and energy efficiency improvements across Europe has further strengthened the render segment's market position, as it plays a crucial role in both new construction and renovation projects.

Tile Adhesive Segment in Europe Dry Mix Mortar Market

The tile adhesive segment is emerging as the fastest-growing application in the European dry mix mortar market, driven by the increasing preference for tile flooring across various construction sectors. This growth is primarily attributed to tiles' environmental advantages over traditional flooring options like carpets and hardwood, including enhanced durability, lower toxicity levels, and easier maintenance requirements. The segment's expansion is particularly notable in the commercial sector, where Spain and Italy are leading the growth trajectory. The rising emphasis on sustainable building materials across Europe, coupled with the growing adoption of tile-based flooring solutions in both new construction and renovation projects, continues to fuel the segment's robust growth momentum.

Remaining Segments in Application Segmentation

The European dry mix mortar market encompasses several other significant application segments, including plaster, waterproofing mortar market, grouts, concrete protection and renovation, and insulation and finishing systems. The plaster segment maintains a strong presence, particularly in interior applications and decorative finishes. Waterproofing slurries play a crucial role in ensuring structural integrity and moisture protection, while grouts are essential for both structural and aesthetic applications. The concrete protection and renovation segment addresses the growing need for infrastructure maintenance and rehabilitation, while insulation and finishing systems support the region's push toward energy-efficient building solutions. Each of these segments contributes uniquely to the market's diversity and serves specific construction requirements across residential, commercial, and infrastructure sectors.

Europe Dry Mix Mortar Market Geography Segment Analysis

Dry Mix Mortar Market in Germany

Germany maintains its dominant position in Europe's dry mix mortar market, commanding approximately 15% of the region's total consumption in 2024. The country's leadership is underpinned by its robust residential construction sector, which continues to drive significant demand for various applications, including rendering, plastering, and tile adhesives. The commercial sector has emerged as a particularly dynamic segment, showing a strong appetite for grouts and render applications. Germany's market strength is further reinforced by its stringent building regulations and high standards for construction materials, which favor the use of quality dry mix mortars. The country's emphasis on energy-efficient building renovations and sustainable construction practices has led to increased adoption of specialized dry mix mortar formulations. Additionally, Germany's well-developed distribution network and the presence of major manufacturers ensure consistent product availability and technical support across the country.

Dry Mix Mortar Market in Italy

Italy stands out as the most dynamic market in Europe's dry mix mortar industry, projected to grow at approximately 5% CAGR from 2024 to 2029. The country's remarkable growth trajectory is driven by its ambitious green building initiatives, particularly its target to renovate around 7,400 homes daily to meet energy class D standards by 2033. The tile adhesive segment has emerged as a crucial growth driver, reflecting Italy's position as a global leader in ceramic tile production and installation. The country's construction sector is experiencing a significant transformation, with increasing emphasis on sustainable building materials and energy-efficient solutions. Italy's architectural heritage preservation projects also contribute substantially to the demand for specialized dry mix mortars. The market is further strengthened by ongoing commercial and industrial development projects, particularly in the northern regions. The country's focus on seismic retrofitting of existing structures has created additional demand for high-performance dry mix mortars.

Dry Mix Mortar Market in Russia

Russia continues to demonstrate robust demand for dry mix mortar products, particularly driven by its extensive residential construction activities. The country's market is characterized by strong domestic production capabilities and a growing preference for advanced formulations that can withstand extreme weather conditions. The tile adhesive segment has emerged as a particularly dynamic application area, reflecting the increasing sophistication of Russian construction practices. The country's focus on modernizing its urban infrastructure has created sustained demand for various dry mix mortar applications. Russian manufacturers are increasingly investing in research and development to produce innovative products tailored to local construction requirements. The market benefits from the country's vast geographical expanse and ongoing urbanization trends, which necessitate continuous construction and renovation activities. Additionally, the growing emphasis on energy-efficient building solutions has spurred demand for specialized dry mix mortar products.

Dry Mix Mortar Market in France

France's dry mortar market demonstrates strong fundamentals, supported by the country's commitment to becoming Europe's leading decarbonized economy by 2050. The market is characterized by sophisticated distribution networks and strong technical support services that facilitate product adoption across various construction segments. French contractors increasingly favor dry mix mortars for their consistency and quality assurance compared to site-mixed alternatives. The country's focus on thermal building renovations has created sustained demand for specialized mortar products. The commercial construction sector has emerged as a particularly dynamic segment, driving innovation in product formulations. France's stringent building regulations and emphasis on sustainable construction practices continue to influence product development and market growth. The country's architectural heritage preservation projects create unique demands for specialized dry mix mortar formulations.

Dry Mix Mortar Market in Other Countries

The remaining European countries, including Spain, the Netherlands, Sweden, Switzerland, Hungary, and other nations, collectively represent a significant portion of the region's dry mortar market. These markets are characterized by varying levels of construction activity and specific regional requirements. Spain, in particular, shows promising growth potential driven by both residential and commercial construction activities. The Nordic countries demonstrate a strong preference for high-performance premixed dry mortar suitable for their unique climate conditions. Eastern European markets are experiencing increased adoption of modern construction practices, driving demand for quality dry mix mortar products. These countries benefit from knowledge transfer and technical expertise from more mature markets, leading to improved product adoption and application techniques. The markets are also influenced by broader European initiatives for sustainable construction and energy efficiency, creating opportunities for specialized product formulations.

Free With This Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.