6-10 cubic feet is the fastest growing segment, Asia-Pacific is the largest regional market
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Key Market Drivers
Global construction industry expansion significantly underpins the demand for mortar pans, driven by ongoing building activities across diverse sectors. Residential construction, a substantial component, has demonstrated notable growth, necessitating a consistent supply of fundamental tools. For instance, according to the National Association of Home Builders, in 2024, a total of 1,009,315 new single-family units commenced construction nationwide, reflecting a 7% increase over 2023 levels. Concurrently, accelerated urbanization and substantial investments in infrastructure development fuel a parallel increase in the need for material handling equipment. Governments and private entities worldwide are committing resources to expand urban centers and enhance essential services, directly stimulating projects that require basic construction implements.Key Market Challenges
A significant challenge impacting the Global Mortar Pans Market is the susceptibility of the broader construction sector to macroeconomic fluctuations, particularly elevated interest rates and constrained access to credit. These economic factors directly impede the commencement of new construction projects by increasing financing costs and limiting the capital available for development. Higher borrowing expenses reduce the viability and profitability of new ventures, causing developers to delay or cancel planned undertakings across residential, commercial, and industrial segments.Key Market Trends
The global mortar pans market is experiencing a notable trend towards sustainable and recycled materials, driven by increasing regulatory pressures and ecological consciousness within the construction sector. According to the UN Environment Programme and the Global Alliance for Buildings and Construction Global Status Report for Buildings and Construction 2024/2025, embodied carbon from materials contributed 18 percent of global building-related CO₂ emissions in 2023, emphasizing the imperative for innovation. Consequently, demand for mortar pans utilizing recycled content or sustainable alternatives is expanding.Key Market Players Profiled:
- Kraft Tool Company
- Bon Tool Co.
- Marshalltown Company
- QEP Co., Inc.
- Multiquip, Inc.
- Husqvarna Group
- Griffon Corporation Inc.
- Regal Cutting Tools, Inc.
- Stone Equipment Company, Inc.
- Jesco Iron Craft, Inc.
Report Scope:
In this report, the Global Mortar Pans Market has been segmented into the following categories:By Material Type:
- Steel
- Plastic
By Product:
- Sand
- Cement
- Mortar
- Concrete
By Load Capacity:
- 0-5 cubic feet
- 6-10 cubic feet
- >10 cubic feet
By Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Mortar Pans Market.Available Customizations:
With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report.Company Information
- Detailed analysis and profiling of additional market players (up to five).
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Table of Contents
Companies Mentioned
The companies profiled in this Mortar Pans market report include:- Kraft Tool Company
- Bon Tool Co.
- Marshalltown Company
- QEP Co., Inc.
- Multiquip, Inc.
- Husqvarna Group
- Griffon Corporation Inc.
- Regal Cutting Tools, Inc.
- Stone Equipment Company, Inc.
- Jesco Iron Craft, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 186 |
| Published | November 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 1.12 Billion |
| Forecasted Market Value ( USD | $ 1.49 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |


