Construction Chemicals & Building Materials · Direct
Monitoring · monthly
Procurement Category Intelligence

Mortar & Grout

Overview
Market size
$40.3B
global, USD
CAGR
4.8%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity

Market outlook

2031$50.9B

What changed

Demand by region

Asia Pacific demand40%
Europe demand25%
North America demand20%
Middle East and Africa demand10%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Portland Cement and Binders35%
Silica Sand and Aggregates25%
Polymer Modifiers and Chemical Additives15%
Packaging and Logistics15%
Manufacturing Energy and Utilities10%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked