Concrete Repair Mortars Industry: Growth - Riding the Wave with Emerging Trends and Business Opportunities from Dipaxac's blog

The Concrete Repair Mortars Industry was valued at USD 2.87 billion in 2022 and is projected to reach USD 4.19 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.85% during the forecast period from 2023 to 2030.

This industry plays a crucial role in the maintenance and restoration of concrete structures, ensuring their durability and longevity. With the increasing need for infrastructure development and the growing awareness of the importance of sustainable construction practices, the demand for concrete repair mortars is expected to witness significant growth in the coming years.

The projected growth in the market can be attributed to several factors. Firstly, the aging infrastructure in many countries necessitates regular repair and maintenance, driving the demand for effective concrete repair solutions. Additionally, the rising focus on sustainable construction practices and the need to reduce carbon emissions are driving the adoption of eco-friendly repair mortars, further fueling market growth.

Furthermore, technological advancements in the formulation of repair mortars have led to the development of high-performance products that offer enhanced durability and strength. These innovative solutions not only provide effective repair but also contribute to the overall structural integrity of concrete buildings and infrastructure.

Geographically, the market for concrete repair mortars is expected to witness substantial growth in regions with significant infrastructure development, such as Asia-Pacific and the Middle East. Rapid urbanization, population growth, and government initiatives to improve infrastructure are key factors driving the demand for concrete repair mortars in these regions.

In conclusion, the Concrete Repair Mortars Industry is poised for substantial growth in the coming years, driven by the need for infrastructure maintenance, sustainable construction practices, and technological advancements. With a projected CAGR of 4.85% over the forecast period, this industry presents lucrative opportunities for manufacturers and suppliers in the global market.

KEY MARKET SEGMENTATION

- By Type

  • Epoxy-Baseded Mortars
  • Cementitious Based Mortars

- By Application

  • Spraying, Manual
  • Hand Mixing, Pourin

Get a Sample Report of Concrete Repair Mortars Market:

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Key Players

Here's a list of major players in this industry:

- Sika AG

- Fosroc International Ltd.

- MBCC

- Mapei S.p.A

- Saint-Gobain Weber S.A

- Pidilite Industries Ltd.

- Remmers Baustofftechnik GmbH

- Flexcrete Technologies Ltd.

- The Euclid Chemical Co.

- Adhesive Technology Corp.

- Other Players

Driving Factors:

  • Expanding tension on existing foundation because of the developing populace.
  • Expanding urbanization, developing development industry, and a few public-private organizations.

Opportunities:

  • Moving pattern toward sustainable power age.
  • The advancement of further developed transportation organizations.

Get This Exclusive Report of Concrete Repair Mortars Market:

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Table of Contents (ToC)

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers          

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia War

4.3 Impact of Ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value chain analysis

6. Porter’s 5 forces model

7. PEST analysis

8. Global Concrete Repair Mortars Segmentation, By Type

8.1 Epoxy-Based Mortars

8.2 Cementitious Based Mortars

9. Global Concrete Repair Mortars Segmentation, By Application

9.1 Spraying, Manual

9.2 Hand Mixing, Pouring

10. Global Concrete Repair Mortars Market, by region/ country

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

11. Company profiles

11.1 Sika AG 

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 Swot Analysis

11.1.4 The SNS View

11.2 Fosroc International Ltd.

11.3 MBCC

11.4 Mapei S.p.A

11.5 Saint-Gobain Weber S.A

11.6 Pidilite Industries Ltd.

11.7 Remmers Baustofftechnik GmbH

11.8 Flexcrete Technologies Ltd.

11.9 The Euclid Chemical Co.

11.10 Adhesive Technology Corp.

12. Competitive Landscape

12.1 Competitive Bench Marking

12.2 Market Share Analysis

12.3 Recent Developments

13. Conclusion 

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