Indonesia Dry Mix Mortar Market Size

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).

Want to share this? Click here to share on social media or embed it on your website.

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

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

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

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

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

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.