Synthetic Resin Mortar Market Size, Share, Growth, and Industry Analysis, By Types (Trowelling Mortars, Self-levelling Mortars), By Applications Covered (Industrial Floor, Office Building, Clean Room, Storehouse, Other), Regional Insights and Forecast to 2033

Synthetic Resin Mortar Market Size

The Synthetic Resin Mortar market was valued at USD 209.7 million in 2024 and is expected to reach USD 215.8 million in 2025, growing to USD 271.2 million by 2033, with a CAGR of 2.9% during the forecast period from 2025 to 2033.

In the U.S., the Synthetic Resin Mortar market is anticipated to grow gradually, driven by increased demand in the construction, flooring, and infrastructure sectors, along with a focus on durable, high-performance materials for industrial and residential applications.

Key Findings

• The demand for synthetic resin mortar is rising due to its superior adhesion and durability compared to traditional mortars.
• The construction industry is one of the largest consumers of synthetic resin mortar, with flooring applications dominating market demand.
• Asia-Pacific holds the largest market share, driven by booming infrastructure development in countries like China and India.
• North America is witnessing a steady increase in the adoption of synthetic resin mortars, especially in the residential and commercial building sectors.
• The growing focus on sustainable construction materials is pushing companies to innovate with eco-friendly resin mortar products.
• Synthetic resin mortars are being increasingly used in repair applications due to their ability to offer high bonding strength and resistance to various chemicals.
• The epoxy resin-based synthetic mortar segment is witnessing significant growth due to its excellent mechanical properties and chemical resistance.
• In the European market, synthetic resin mortars are used extensively for decorative coatings, contributing to the aesthetic appeal of buildings.
• The global demand for synthetic resin mortars is expected to grow as building regulations tighten and the need for durable materials increases.
• Advances in technology are leading to the development of faster-curing and more efficient synthetic resin mortars.

The Synthetic Resin Mortar market has been experiencing significant growth due to the increasing demand for durable and high-performance materials in the construction and infrastructure sectors. Synthetic resin mortars are known for their excellent adhesion, resistance to environmental factors, and ease of application. This market is heavily driven by industries such as construction, flooring, and repair applications, as well as demand from emerging economies where infrastructure development is rapidly advancing. The versatility of synthetic resin mortars, including their use in residential, commercial, and industrial settings, is also contributing to their growing adoption across various sectors.

Synthetic Resin Mortar Market Trends

The Synthetic Resin Mortar market is witnessing several key trends that are shaping the future of the industry. One of the most significant trends is the increasing demand for high-performance, durable construction materials. Synthetic resin mortars are being increasingly adopted due to their superior properties such as high adhesion strength, resistance to harsh environmental conditions, and long-lasting durability. In terms of market dynamics, it is observed that approximately 35% of the total market growth is being driven by the construction industry, specifically in the segment for flooring applications, where synthetic resin mortars provide enhanced mechanical properties compared to traditional materials.

The rise of eco-friendly and sustainable building materials is also impacting the synthetic resin mortar market. Manufacturers are now focusing on developing green alternatives to conventional synthetic resins. These products are formulated with fewer volatile organic compounds (VOCs) and other harmful chemicals, helping companies meet environmental regulations and cater to the growing consumer demand for eco-friendly options. As a result, the demand for these eco-friendly mortars has grown by about 18% in the last year, contributing significantly to market expansion.

Regionally, the Asia-Pacific region has seen the highest demand for synthetic resin mortars due to rapid urbanization and infrastructure development in countries like China and India. These countries together account for nearly 40% of the market's total demand. In North America and Europe, the synthetic resin mortar market is expanding steadily, fueled by their applications in residential and commercial construction as well as repair industries.

Furthermore, technological advancements in resin manufacturing processes are leading to the development of faster-curing mortars, which is increasingly appealing to the construction industry. These innovative products are estimated to hold a market share of 15%, primarily in industrial applications, where speed and efficiency are crucial.

Synthetic Resin Mortar Market Dynamics

DRIVER

"Growing Demand for High-Performance Construction Materials"

The demand for high-performance construction materials is one of the key drivers in the Synthetic Resin Mortar market. Due to their excellent adhesion and durability, synthetic resin mortars are increasingly being used in construction applications. These materials are especially popular in areas that require resistance to extreme conditions such as chemical exposure and weathering. As the global construction industry continues to grow, the need for advanced materials like synthetic resin mortar is rising significantly. This demand has contributed to about 25% of market growth in recent years, particularly in flooring and infrastructure repair applications.

RESTRAINTS

"High Cost of Synthetic Resin Mortars"

One of the significant restraints for the growth of the synthetic resin mortar market is the relatively high cost of production. Synthetic resins, such as epoxy and polyester, are expensive compared to traditional mortar materials. This price difference can limit the adoption of synthetic resin mortars, particularly in price-sensitive regions or projects. Moreover, while the performance benefits are clear, the initial investment may deter some users. The cost factor has been a primary concern for around 20% of industry players, particularly in regions with lower disposable income and developing infrastructure.

OPPORTUNITY

"Expansion in Emerging Markets"

The rising infrastructure development in emerging markets presents a substantial opportunity for the Synthetic Resin Mortar market. Countries in Asia-Pacific, Africa, and Latin America are undergoing rapid urbanization, which is driving the demand for construction materials, including synthetic resin mortars. These markets are expected to experience significant growth in construction activities, creating a strong demand for high-performance materials. Emerging markets are expected to account for nearly 30% of the market share over the next few years as the need for sustainable, durable, and quick-curing materials increases in these regions.

CHALLENGE

"Regulatory Compliance and Environmental Concerns"

A major challenge faced by the synthetic resin mortar market is meeting stringent environmental regulations. As concerns about volatile organic compounds (VOCs) and other harmful chemicals grow, manufacturers are under pressure to develop eco-friendly versions of synthetic resins. Although many manufacturers are innovating to create low-VOC products, compliance with environmental standards requires significant investments in research and development. This challenge has slowed the adoption of some synthetic resin mortars, particularly in markets with stringent environmental laws. Approximately 15% of manufacturers face this hurdle in maintaining the balance between performance and environmental impact.

Segmentation Analysis

The Synthetic Resin Mortar market is segmented based on type and application. These segments help to address the varied needs of construction projects, from flooring solutions to specialized applications in industrial environments. The most common types of synthetic resin mortars are trowelling mortars and self-levelling mortars, each catering to different surface requirements and performance standards. Similarly, the applications of synthetic resin mortars are widespread, ranging from industrial floors to clean room environments, where performance characteristics like durability, chemical resistance, and ease of application are crucial. These segments are shaping the demand and growth of synthetic resin mortars across different industries.

By Type

• Trowelling Mortars: Trowelling mortars are predominantly used in applications where a thick layer of mortar is required for enhanced durability. Typically used in heavy-duty flooring applications, this type accounts for roughly 40% of the total market share. These mortars are preferred for industrial floors, where resistance to abrasion, impact, and chemicals is needed. This segment has seen an increase of approximately 25% in demand as the construction industry seeks stronger, longer-lasting materials.

• Self-Levelling Mortars: Self-levelling mortars are ideal for creating smooth, flat surfaces, making them ideal for office buildings and residential flooring. They hold about 60% of the market share. This type has experienced significant growth due to its ability to quickly cure and provide a seamless finish. Demand for self-levelling mortars has increased by 35%, especially in high-end construction projects requiring a perfect surface finish with minimal maintenance.

By Application

• Industrial Floor: Synthetic resin mortars for industrial floors are in high demand, particularly in industries where floors are exposed to harsh chemicals and heavy machinery. Industrial flooring applications hold about 45% of the market share. The demand for industrial floor mortars has surged by 30%, driven by industries such as manufacturing, pharmaceuticals, and food processing, where durability and resistance are critical.
• Office Building: In office building construction, synthetic resin mortars are used for both flooring and wall applications, representing around 25% of the market share. These mortars are preferred for their smooth finish and ease of installation. With a rise in commercial construction, the demand for synthetic resin mortar solutions in office spaces has grown by 20%.
• Clean Room: Clean rooms, particularly in pharmaceuticals and electronics industries, use synthetic resin mortars that provide a sterile and durable surface. This segment accounts for approximately 15% of the market. As the demand for clean rooms grows by 18%, the need for specialized, durable, and chemical-resistant mortars increases to maintain the necessary hygienic conditions.
• Storehouse: Synthetic resin mortars are used in storehouses to create durable floors resistant to heavy loads and moisture. This application is estimated to account for 10% of the market. The demand for storehouse applications has grown by 22%, particularly in logistics and warehousing, where floor durability is crucial to withstand high traffic and heavy equipment.
• Other: This segment includes various niche applications such as residential and specialized commercial spaces, representing about 5% of the market. As new construction trends emerge, including the use of synthetic resin mortars in unique environments, demand from this segment is expected to grow by 15%.

Regional Outlook

The Synthetic Resin Mortar market is experiencing diverse growth across regions due to increasing industrial applications and the construction sector's demand for high-performance materials. North America, Europe, Asia-Pacific, and the Middle East & Africa each exhibit unique trends driven by technological advancements, economic development, and sector-specific needs. North America leads in the use of synthetic resin mortars for industrial and office spaces, while Europe is at the forefront of advanced construction and clean room applications. The Asia-Pacific region shows the most significant expansion, driven by rapid urbanization and industrialization. Meanwhile, the Middle East & Africa sees steady growth, driven by large-scale infrastructure projects in emerging economies.

North America

North America holds a significant portion of the global market for synthetic resin mortars. The demand is largely driven by the expansion of industrial applications and a growing construction sector. The region has experienced a 25% increase in demand for trowelling mortars, particularly in the industrial flooring sector. Self-levelling mortars are also seeing higher adoption, especially in office building applications, accounting for nearly 40% of the market share. The shift toward more durable, sustainable materials has further accelerated the demand for synthetic resin mortars, with the region projected to maintain its dominant position in the coming years.

Europe

Europe has a well-established market for synthetic resin mortars, driven by the ongoing need for high-performance materials in both industrial and commercial sectors. The demand for self-levelling mortars, particularly in clean room environments and office buildings, has surged by approximately 30%. This growth is attributed to stringent regulations and a strong preference for durable, chemically resistant flooring solutions. Additionally, innovations in resin-based mortars that cater to eco-friendly construction have bolstered the market's development in Europe, with sustainable flooring solutions gaining popularity.

Asia-Pacific

Asia-Pacific is the fastest-growing market for synthetic resin mortars, with rapid urbanization and industrial growth in countries such as China and India. The region is expected to see a 35% rise in demand for industrial floor mortars as manufacturing and logistics industries expand. In addition, the increasing need for office buildings and commercial construction projects in emerging economies like Southeast Asia is driving the demand for self-levelling mortars. The region’s growth is primarily fueled by affordable infrastructure development and an expanding construction sector, making it a key player in the global market.

Middle East & Africa

The Middle East & Africa region is witnessing steady growth in the synthetic resin mortar market, driven by large-scale infrastructure projects in the region. Countries such as Saudi Arabia, the UAE, and South Africa are seeing growing demand for durable flooring solutions in industrial settings and commercial spaces. The Middle East & Africa accounts for approximately 10% of the global market share, with a focus on industrial floor applications, including warehouse and manufacturing sectors. As the region continues to invest in construction and development, demand for synthetic resin mortars is expected to grow steadily over the next few years.

LIST OF KEY Synthetic Resin Mortar Market COMPANIES PROFILED

• EVERFAST
• PAGEL Spezial-Beton
• ECELAK Boya Kimya San
• Knauf
• Mapei Group
• ROMEX
• Resiplast
• Pave Fix
• SCHOMBURG
• Sivit
• Emülzer
• Ronacrete
• Key Resin
• Himfloor

Top companies having highest share

• Mapei Group: 18% Market Share
• Knauf: 15% Market Share

Technological Advancements

The technological advancements in the Synthetic Resin Mortar market have greatly contributed to the development of more efficient and sustainable products. In recent years, the focus has been on improving the quality and performance of synthetic resins used in mortars. Research has led to the development of more durable and fast-setting formulations, reducing construction time by approximately 12%. In addition, the introduction of nano-technologies has enabled the production of mortars with enhanced adhesion properties and increased resistance to environmental factors, such as moisture and heat. About 25% of manufacturers have integrated automation technologies, resulting in a significant reduction in production costs and time. Furthermore, innovations in eco-friendly resins have been a game-changer, with nearly 20% of companies now offering products with reduced carbon footprints, aligning with increasing sustainability demands in the construction sector. These advancements have not only improved the functionality of the products but also enhanced their versatility, making synthetic resin mortars suitable for a wide range of applications across residential, commercial, and industrial projects.

NEW PRODUCTS Development

In the Synthetic Resin Mortar market, product innovation plays a crucial role in meeting evolving customer needs. Recently, about 18% of manufacturers have introduced high-performance, quick-setting mortars designed for use in extreme environments, such as high humidity or low temperatures. These products are gaining popularity in regions with challenging weather conditions. Additionally, eco-friendly synthetic resins are becoming a major trend, with over 22% of market players introducing green formulations that reduce the environmental impact of construction projects. Another significant development is the incorporation of lightweight synthetic resins, which have reduced the overall weight of mortars by approximately 15%, making them easier to transport and apply. This development has been particularly well-received in the construction of multi-story buildings, where the weight of building materials plays a crucial role in structural design. The introduction of self-healing mortars, which can repair cracks over time using micro-encapsulated healing agents, has also been a significant milestone, gaining traction in regions that face frequent seismic activities.

Recent Developments

• Pave Fix: Recently, Pave Fix launched a new range of eco-friendly synthetic resin mortars designed for paving applications. These mortars are made using 30% recycled materials, helping reduce the environmental impact of construction projects.
• Knauf: In 2023, Knauf expanded its product portfolio by introducing a self-leveling synthetic resin mortar that reduces application time by 15%. This innovation has been well-received by commercial builders looking for efficient, quick-setting materials.
• Mapei Group: Mapei introduced a high-performance resin mortar resistant to both moisture and extreme temperatures. This product is primarily targeted at industrial applications, with a 10% improvement in durability over previous formulations.
• ROMEX: ROMEX has recently developed a synthetic resin mortar optimized for use in high-traffic areas. The product offers enhanced wear resistance, making it ideal for flooring applications in factories and warehouses.
• Resiplast: In early 2024, Resiplast launched a new range of fast-curing synthetic resin mortars for use in emergency repair situations. The new mortars can set within 30 minutes, providing contractors with an expedited solution for urgent repairs.

REPORT COVERAGE

The Synthetic Resin Mortar market report provides an extensive analysis of market dynamics, key players, technological advancements, and product innovations in the sector. The report covers the current market trends, demand analysis, and insights into the growth drivers and challenges faced by the industry. It also includes a detailed breakdown of product segments such as trowelling mortars and self-levelling mortars, as well as application areas like industrial floors, office buildings, and clean rooms. Regional analysis in the report highlights the performance of key markets across North America, Europe, Asia-Pacific, and the Middle East & Africa. Additionally, the report delves into recent product developments and technological breakthroughs that are shaping the future of synthetic resin mortars. By identifying the major players in the market and their market shares, the report provides valuable insights for businesses looking to capitalize on growth opportunities and maintain competitive advantage in this evolving industry.