PUBLISHER: Value Market Research | PRODUCT CODE: 1352834
PUBLISHER: Value Market Research | PRODUCT CODE: 1352834
The global demand for Concrete Repair Mortars Market is presumed to reach the market size of nearly USD 13.24 BN by 2030 from USD 5.82 BN in 2022 with a CAGR of 10.82% under the study period 2023 - 2030.
Concrete repair mortars are a type of material used to repair spalling caused by reinforcement corrosion in concrete structures. Concrete repair mortars are a material used to protect and repair concrete-made structures; it provides safety against chemical anchoring, decay, and cracking. Concrete repair mortars extend the life of existing infrastructure and save money on new construction. Concrete repair mortars exhibit excellent properties such as tensile strength, stress immunity, and thixotropy.
The increasing investment in the construction of new buildings & infrastructure and growing spending on the maintenance & renovation of existing building structures are projected to drive the market growth. The properties associated with concrete repair mortars, such as tensile strength, stress immunity, and thixotropy, will likely boost their demand as an important construction material over the projected period. Moreover, the speedy development of marine structures, long-lasting buildings, and roads are expected to heighten infrastructure repair and maintenance activities, thereby pushing the market's growth during the forecast period. In addition, the fast rate of construction and usage of lower quality building materials leads to more rapid repairs. However, fluctuations in prices may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of concrete repair mortars. The growth and trends of concrete repair mortars industry provide a holistic approach to this study.
This section of the concrete repair mortars market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Concrete Repair Mortars market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the concrete repair mortars market include Sika AG (Switzerland), Fosroc International Ltd. (UK), MBCC (Germany), Mapei S.p.A (Italy),Saint-Gobain Weber S.A (France), Pidilite Industries Ltd. (India), Remmers Baustofftechnik GmbH (Germany) Flexcrete Technologies Ltd. (UK), The Euclid Chemical Co. (UK), and Adhesive Technology Corp. (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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