Product Code: ETC042544 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India mortar market is expected to grow at a healthy rate of 5.61% CAGR during the forecast period 2020-2026. The usage of mortar in India has increased significantly due to its high compressive strength, durability and low cost in comparison with cement or concrete construction materials. The increasing demand for residential and commercial complexes across India have boosted the growth of this market over the past few years. Additionally, advancements in technology such as prefabricated constructions are further driving the growth of this market.
1) Increasing demand from residential & commercial sector: The increasing investments from government and private sectors towards development activities like housing projects are boosting the demand for mortars within the country. Moreover, expanding population along with rising disposable income among mid-income group households is anticipated to propel the overall market growth during forecast period 2020-2026.
2) Growing need for infrastructure development: With rapid industrialization across major cities in India, there is an immense need for robust infrastructures which requires various kinds of mortars like plastering mortars, masonry mortars etc., Henceforth, it provides huge opportunities to manufacturers who can leverage on these needs by offering quality products at competitive prices that meet customers? requirements efficiently.
1) Stringent regulations regarding environmental compliance: There are certain restrictions imposed by regulatory bodies on reducing carbon footprints because manufacturing process emit hazardous gases into air resulting into negative impact on environment leading to increase health risks among people living nearby areas where factories located thus hampering overall industry performance significantly . Therefore , companies must adhere stringent norms laid down by government authorities while engaging their production operations.
2) Unavailability of raw materials : Another key challenge faced by manufacturers operating within Indian Mortar Market is unavailability of adequate quantity raw material required during manufacturing process , mostly due natural calamities (e .g floods ) caused due uncertain climatic conditions .. As result , companies involved suffer heavy losses incurred through disruption supply chain network consequently affecting profitability margins adversely.
Some prominent players operating within Indian Mortar Market includes ACC Concrete Limited , Ultratech Cement Ltd , Ambuja Cements Ltd , Shree Cement Ltd Birla Corporation Limited LafargeHolcim HeidelbergCement AG Puneet Industries JK Lakshmi UltraTech Morbi Ceramic etc . All these entities are competing each other terms product innovation pricing strategies
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Mortar Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Mortar Market Revenues & Volume, 2020 & 2030F |
3.3 India Mortar Market - Industry Life Cycle |
3.4 India Mortar Market - Porter's Five Forces |
3.5 India Mortar Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 India Mortar Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 India Mortar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Mortar Market Trends |
6 India Mortar Market, By Types |
6.1 India Mortar Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Mortar Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 India Mortar Market Revenues & Volume, By Wet Mixed Mortar, 2020-2030F |
6.1.4 India Mortar Market Revenues & Volume, By Dry Mortar, 2020-2030F |
6.2 India Mortar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Mortar Market Revenues & Volume, By Construction Industry, 2020-2030F |
6.2.3 India Mortar Market Revenues & Volume, By Home Decoration Industry, 2020-2030F |
6.2.4 India Mortar Market Revenues & Volume, By Others, 2020-2030F |
7 India Mortar Market Import-Export Trade Statistics |
7.1 India Mortar Market Export to Major Countries |
7.2 India Mortar Market Imports from Major Countries |
8 India Mortar Market Key Performance Indicators |
9 India Mortar Market - Opportunity Assessment |
9.1 India Mortar Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 India Mortar Market Opportunity Assessment, By Application, 2020 & 2030F |
10 India Mortar Market - Competitive Landscape |
10.1 India Mortar Market Revenue Share, By Companies, 2023 |
10.2 India Mortar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |