Concrete Repair Mortars Market Size, Share, Growth, Scope, current and Future Growth Forecast by 2029
The concrete repair mortars market is expected to gain market growth in the
forecast period of 2021 to 2028. Data Bridge Market Research analyses that the
market is growing with a CAGR of 5.3% in the forecast period of 2021 to 2028
and expected to reach USD 2,481,810.25 thousand by 2028. Increasing population
and urbanization is boosting the market growth.
The real estate industry has been forced to pay more attention
to the infrastructure's life-cycle consequences as energy prices have risen and
building and operating budgets have become severely scarce. Building
maintenance is often ignored, but when executed properly, it can save capital
and resources. The maintenance and repair cost are usually brought
down by pro-active diagnostics of infrastructure incorporated in a long range repair
and maintenance program. Budgetary size of repairs is considerably less which
gives an edge to renovation sector in the construction industry.
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Market Analysis and
Insights
Concrete repair mortars are type of material which is
used for the repair of spalling caused by reinforcement corrosion in concrete
structures. The concrete material have several properties due to which products
are more used for natural structural defects which are caused by buildings settling
and adjusting during temperature and damage caused by unexpected water ingress.
The concrete repair mortars of different types which are used according to the
application.
This concrete repair mortars market report provides
details of market share, new developments, and product pipeline analysis,
impact of domestic and localised market players, analyses opportunities in
terms of emerging revenue pockets, changes in market regulations, product
approvals, strategic decisions, product launches, geographic expansions, and
technological innovations in the market. To understand the analysis and the
market scenario contact us for an Analyst Brief, our team will help you create
a revenue impact solution to achieve your desired goal.
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Global
Concrete repair mortars Market Scope and Market Size
Global concrete repair mortars market is segmented into four
notable segments which are based on the basis of type, grade, application
method and industry. The growth among segments helps you analyse niche pockets
of growth and strategies to approach the market and determine your core
application areas and the difference in your target markets.
- On the basis of type, the concrete repair mortars
market is segmented into cementitious concrete repair mortars, epoxy
concrete repair mortars and epoxy
resin-based concrete. In 2021, cementitious concrete
repair mortars segment is dominating the market globally as cementitious
material can be used on any surface and shaped easily according to
application which increases its demand globally.
- On the basis of grade, the
concrete repair mortars market is segmented into structural and
non-structural. In 2021, structural is dominating globally as structural
is used the construction and repair of infrastructure.
- On the basis of application method, the concrete
repair mortars market is segmented into hand applied concrete repair
mortars, machine applied / sprayed concrete repair mortars, poured / flow
applied concrete repairs (re-casting concrete repairs), levelling /
fairing mortars for concrete repairs and protective surface coatings for
concrete. In 2021, hand applied concrete repair mortars segment is
dominating the market globally as this method is cost effective which
increasing its demand globally.
- On the basis of industry, the market is segmented into
residential, commercial, industrial and
infrastructure. In 2021, infrastructure segment is dominating the market
globally on account of increasing construction and renovation of old
bridge and dams.
Competitive Landscape and Concrete Repair
Mortars Market Share Analysis
Concrete repair mortars market competitive landscape provides
details by competitor. Details included are company overview, company
financials, revenue generated, market potential, investment in research and
development, new market initiatives, global presence, production sites and
facilities, company strengths and weaknesses, product launch, product trials
pipelines, product approvals, patents, product width and breadth, application
dominance, technology lifeline curve. The above data points provided are only
related to the companies’ focus related to global concrete repair mortars
market.
Some of the major
players operating in the Concrete Repair Mortars Market are:
- Owens
Corning (U.S.)
- Duro-Last
Roofing, Inc. (U.S.)
- BASF SE
(Germany)
- 3M
(U.S.)
- Dow
(U.S.)
- DuPont
(U.S.)
- Braas
Monier Building Group (Luxembourg)
- Sika AG
(Switzerland)
- Atlas
Roofing Corporation (U.S.)
- Innospec
(U.S.)
- ADEKA
CORPORATION (Japan)
- Dorf
Ketal Chemicals (I) Pvt. Ltd. (U.S.)
- PMC
Specialties Group (U.S.)
- Afton
Chemical (U.S.)
- The
Lubrizol Corporation (U.S.)
- Clariant
(Switzerland)
- LANXESS
(Germany)
- Mayzo,
Inc. (U.S.)
- Solvay
(Belgium)
- Akzo
Nobel N.V. (Netherlands)
- Arkema
(France)
- Eastman
Chemical Company (U.S.)
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