Research By Markets adds Market Research Report - Global Concrete Repair Mortars Market Growth 2019-2024
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Concrete is strong in compression, but comparatively weak in tension. The inclusion of steel reinforcement improves the tensile strength of the element and, consequently, its resistance to stress. Unfortunately, in the presence of water and oxygen, steel corrodes. Therefore, in almost all likely exposure conditions for reinforced concrete, corrosion of the steel is a potential hazard.
This report studies Concrete Repair Mortars market. Concrete structures are prone to deterioration owing to several factors such as water infiltration, corrosion, structural damage or others. Concrete repair mortar material mends and protects the concrete structures by providing fortification against cracking, restricting corrosion, and chemical anchoring. With benefits such as enhanced bond strength, lowered shrinkage, impermeability, density, tensile strength, and thixotropy, concrete repair mortars are highly useful for several industries such as road and infrastructure, marine structures, utility, and building and construction.
The United States Concrete Repair Mortars market is driven by increased spending on repair and maintenance of building and construction. In addition to that, the trend of public-private partnership, especially in the transport sector in developed countries expected to positively reflect on this market. Concrete repair mortars are not only used to repair, maintain, and bring back the original architectural shape of the old structure, it also ensures the resumption of all the functional work readily in an old building or infrastructure that has deteriorated overtime. Eco-friendly nature of these products is another favorable factors that is helping the adoptability.
The leading enterprises in the United States market are mostly local manufactures, and the top 7 manufacturers are Sika Group, Parex, Fosroc International Ltd., Saint-Gobain Weber S.A., BASF SE, Mapei S.P.A. and The Euclid Chemical. These Top companies currently account for more than 64% of the total market share, in terms of revenue, and are expected to retain their dominating hold over the market during the forecast period.
According to this study, over the next five years the Concrete Repair Mortars market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Concrete Repair Mortars business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Concrete Repair Mortars market by product type, application, key manufacturers and key regions and countries.
This study considers the Concrete Repair Mortars value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Polymer-Modified Cementitious Mortar
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Building & Car Park
Road & Infrastructure
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Fosroc International Ltd.
Saint-Gobain Weber S.A.
The Euclid Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Concrete Repair Mortars consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Concrete Repair Mortars market by identifying its various subsegments.
Focuses on the key global Concrete Repair Mortars manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Concrete Repair Mortars with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Concrete Repair Mortars submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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