Lime Mortar Market Scope
The global Lime Mortar market is expected to witness high demand in the forecasted period due to the increasing construction industry across the developing countries. It is composed of lime and sand with water and is one of the oldest known types of mortars. Fat lime or hydraulic lime and inert materials like sand, surkhi, or cinder are used for making lime mortar. These mortars are quite plastic and workable and develop strong bonds with building blocks. Fat lime mortar is used for plastering, and hydraulic lime mortar is for masonry works. The flexible properties of cement mortar have completely replaced lime mortar in the market.
The market study is being classified by Type (Hydraulic Lime Mortars and Non-hydraulic Lime Mortar), by Application (Construction Industry, Home Decoration Industry and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Lime Mortar market throughout the predicted period.
Saint-Gobain Weber (France), Sika (Switzerland), Henkel (Germany), Mapei (Italy), Ardex (Germany), BASF (Germany), Baumit (Austria), Bostik (United States), Knauf (Germany) and Caparol (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Cemex (Mexico), HB Fuller (United States) and Dryvit Systems (United States).
AdvanceMarketAnalytics has segmented the market of Global Lime Mortar market by Type, Application and Region.
On the basis of geography, the market of Lime Mortar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
- The Growing Construction Industries across the Globe
- High ADoption due to mortar plaster gives a smooth finish
- High Adoption due to Rising Demand for Home Decoration
- Increasing Infrastructure Developments and Urbanization
- The Increasing Demand from Developing Countries such as India, China
- The Fluctuating Raw Material Prices of Additives
Key Target AudienceLime Mortar Manufactures, Suppliers, Distributors, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
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