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Indonesia Dry Mix Mortar Market Size

The Indonesia Dry Mix Mortar Market is projected to experience significant growth, driven by increasing demand across various sectors. The residential sector leads in consumption, particularly for plaster and render applications, due to the country's rising urbanization. The infrastructure sector also contributes notably to the market size, with a focus on render, plaster, and waterproofing slurries. Meanwhile, the industrial and institutional sectors are expected to grow rapidly, supported by Indonesia's strategic initiatives to enhance its manufacturing capabilities. This growth trajectory indicates a robust expansion of the market size over the forecast period.

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Market Size of indonesia dry mix mortar Industry

Indonesia Dry Mix Mortar Market Summary
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svg icon Study Period 2018 - 2030
svg icon Market Volume (2024) 4.06 Million Tons
svg icon Market Volume (2030) 5.96 Million Tons
svg icon Largest Share by End Use Sector Residential
svg icon CAGR (2024 - 2030) 6.61 %
svg icon Fastest Growing by End Use Sector Industrial and Institutional
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Indonesia Dry Mix Mortar Market Analysis

The Indonesia Dry Mix Mortar Market size is estimated at 4.06 million Tons in 2024, and is expected to reach 5.96 million Tons by 2030, growing at a CAGR of 6.61% during the forecast period (2024-2030).

4.06 Million

Market Size in 2024 (Tons)

5.96 Million

Market Size in 2030 (Tons)

3.81 %

CAGR (2018-2023)

6.61 %

CAGR (2024-2030)

Largest Market by Application

38.97 %

volume share, Render, 2023

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Due to the high usage of renders for finishing concrete and cement surfaces in various sectors of construction coupled with DIY repair works, the segment has dominated the market.

Fastest Market by Application

7.76 %

Projected CAGR, Grouts, 2024-2030

Owing to the rising application of grouts across sectors such as residential, industrial, and infrastructure, the segment is expected to dominate the market in the forecast period.

Largest Market by End Use Sector

63.23 %

volume share, Residential, 2023

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Due to the increasing usage of grouts, plasters, renders, tile adhesives, waterproofing, and other dry-mix mortar products to build high-quality and durable homes, apartments, etc., the residential sector held the largest share.

Fastest Market by End Use Sector

8.50 %

Projected CAGR, Industrial and Institutional, 2024-2030

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With the rising usage of dry mix mortar in applications like plasters, renders, and others for the construction of automobiles, oil & gas, food industries, etc., the sector is expected to become the fastest growing in the market.

Leading Company

10.34 %

market share, SIG, 2022

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The company is one of the largest global manufacturers of dry mix mortar and has in place an extensive product portfolio and robust distribution channels, making it the leading company in the market.

There is a rapidly growing demand for dry mix mortar from the industrial and institutional sector

  • In 2022, Indonesia witnessed a 1.98% uptick in its consumption of dry mix mortar compared to the previous year. Notably, the industrial and institutional, as well as the residential sectors, saw the most significant surge in consumption. The consumption of dry mix mortar grew by an average of 6.3% in 2023, setting Indonesia's overall consumption for the year to be 6.46% higher than in 2022.
  • The residential sector dominates Indonesia's dry mix mortar demand, particularly for plaster and render applications in residential buildings nationwide. These applications accounted for 63% of the sector's dry mix mortar consumption in 2022. With the country's urbanization rate on the rise, the demand from this sector is expected to continue its upward trajectory.
  • Following the residential sector, the infrastructure sector stands out as the primary consumer of dry mix mortar in Indonesia. In 2022, the infrastructure sector accounted for 15.97% of the nation's dry mix mortar demand. Render, plaster, and waterproofing slurries were the prominent applications for dry mix mortar, collectively representing a 78% share in the sector's dry mix mortar demand.
  • The industrial and institutional sector is poised to witness the fastest growth in dry mix mortar demand, with a projected CAGR of 8.45% during the forecast period. This growth can be attributed to Indonesia's strategic emphasis on expanding its manufacturing sector. In line with this, the country launched the Making Indonesia 4.0 initiative, aiming to propel its manufacturing sector and achieve its goal of becoming a high-income nation by 2045. These efforts are expected to fuel construction activities in the industrial and institutional sectors Y-o-Y.
Indonesia Dry Mix Mortar Market

Indonesia Dry Mix Mortar Industry Segmentation

Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Concrete Protection and Renovation, Grouts, Insulation and Finishing Systems, Plaster, Render, Tile Adhesive, Water Proofing Slurries are covered as segments by Application.

  • In 2022, Indonesia witnessed a 1.98% uptick in its consumption of dry mix mortar compared to the previous year. Notably, the industrial and institutional, as well as the residential sectors, saw the most significant surge in consumption. The consumption of dry mix mortar grew by an average of 6.3% in 2023, setting Indonesia's overall consumption for the year to be 6.46% higher than in 2022.
  • The residential sector dominates Indonesia's dry mix mortar demand, particularly for plaster and render applications in residential buildings nationwide. These applications accounted for 63% of the sector's dry mix mortar consumption in 2022. With the country's urbanization rate on the rise, the demand from this sector is expected to continue its upward trajectory.
  • Following the residential sector, the infrastructure sector stands out as the primary consumer of dry mix mortar in Indonesia. In 2022, the infrastructure sector accounted for 15.97% of the nation's dry mix mortar demand. Render, plaster, and waterproofing slurries were the prominent applications for dry mix mortar, collectively representing a 78% share in the sector's dry mix mortar demand.
  • The industrial and institutional sector is poised to witness the fastest growth in dry mix mortar demand, with a projected CAGR of 8.45% during the forecast period. This growth can be attributed to Indonesia's strategic emphasis on expanding its manufacturing sector. In line with this, the country launched the Making Indonesia 4.0 initiative, aiming to propel its manufacturing sector and achieve its goal of becoming a high-income nation by 2045. These efforts are expected to fuel construction activities in the industrial and institutional sectors Y-o-Y.
End Use Sector
Commercial
Industrial and Institutional
Infrastructure
Residential
Application
Concrete Protection and Renovation
Grouts
Insulation and Finishing Systems
Plaster
Render
Tile Adhesive
Water Proofing Slurries
Other Applications
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Indonesia Dry Mix Mortar Market Size Summary

The Indonesia dry mix mortar market is experiencing a robust expansion, driven by increasing demand across various sectors. The residential sector leads this demand, particularly for plaster and render applications, which are essential for residential buildings. This dominance is attributed to the country's rapid urbanization, which continues to fuel the need for residential construction. Following the residential sector, the infrastructure sector also significantly contributes to the market, with a focus on render, plaster, and waterproofing slurries. The industrial and institutional sectors are expected to witness the fastest growth, supported by Indonesia's strategic initiatives like Making Indonesia 4.0, aimed at boosting the manufacturing sector and achieving high-income status by 2045. This strategic focus is anticipated to enhance construction activities, further driving the demand for dry mix mortar.

The market landscape is characterized by a fragmented structure, with major players such as Heidelberg Materials, MBCC Group, Saint-Gobain, SIG, and Sika AG holding significant shares. Recent developments in the market include innovations like PCI Novoment Flow and PCI Polycret 50, which offer benefits such as quick setting and low emissions, catering to the evolving needs of the construction industry. The market's growth trajectory is supported by increasing urbanization, government initiatives, and foreign and domestic investments, which collectively address the rising housing demands. As a result, the Indonesia dry mix mortar market is poised for substantial growth, with projections indicating a steady increase in demand across residential, infrastructure, and industrial sectors over the forecast period.

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Indonesia Dry Mix Mortar Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)

    1. 1.1 End Use Sector

      1. 1.1.1 Commercial

      2. 1.1.2 Industrial and Institutional

      3. 1.1.3 Infrastructure

      4. 1.1.4 Residential

    2. 1.2 Application

      1. 1.2.1 Concrete Protection and Renovation

      2. 1.2.2 Grouts

      3. 1.2.3 Insulation and Finishing Systems

      4. 1.2.4 Plaster

      5. 1.2.5 Render

      6. 1.2.6 Tile Adhesive

      7. 1.2.7 Water Proofing Slurries

      8. 1.2.8 Other Applications

Indonesia Dry Mix Mortar Market Size FAQs

The Indonesia Dry Mix Mortar Market is projected to register a CAGR of 6.61% during the forecast period (2024-2030).

Heidelberg Materials, MBCC Group, Saint-Gobain, SIG and Sika AG are the major companies operating in the Indonesia Dry Mix Mortar Market.

Indonesia Dry Mix Mortar Market Report Snapshots

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