The Global Mortar Market was valued at USD 22274.70 Million in the year 2020
Asia Pacific region holds the major market share with countries such as China, Japan and India being the major contributors to the regional market. Increase in the use of mortar in the region, especially in China, is the major growth-driving factor.
Dry Mortar segment is expected to hold slightly larger share of Mortar market. The factors can be attributed to their benefits such as easy portability of the materials, easy to use, mobility and flexibility to use it anywhere in construction. The future of the dry mix mortar market looks promising with opportunities in the residential and non-residential industries.
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