The Concrete Repair Mortars Market Research Report Forecast 2020-2025 is a valuable source of insightful data for business strategists. This Concrete Repair Mortars Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
According to this study, over the next five years, the concrete repair mortars market size is estimated at USD 2.1 billion in 2019 and projected to reach USD 2.8 billion by 2024, at a CAGR of 6.1%.
The major key players covered in this report: Sika AG (Switzerland) (OTC:SKFOF), Fosroc International Ltd. (UK), BASF SE (Germany) (OTC:BFFAF), Mapei SpA (Italy), Saint-Gobain Weber S.A. (France), Pidilite Industries Ltd. (India), Flexcrete Technologies Ltd.(UK), Remmers Baustofftechnik GmbH (Germany), The Euclid Chemical Co. (UK), and Adhesive Technology Corp. (US).
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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APAC is projected to be the largest concrete repair mortars market during the forecast period.
The projected growth in the usage of concrete repair mortars in the repair of infrastructure during the forecast period in the APAC region is driven by the high growth of population in the region. The high population is putting pressure on the existing infrastructure, which is also deteriorating at a fast rate due to the use of shoddy materials. These structures require periodic repair during the forecast period. These factors will drive the concrete repair mortars market.
This report segments the global Concrete Repair Mortars Market based on Types are:
Polymer-Modified Cementitious Mortar, Epoxy-Based Mortar.
Based on Application, the Global Concrete Repair Mortars Market is Segmented into:
Building & Car Park, Road & Infrastructure, Utility Industries, Marine Structure.
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In May 2019, Sika acquired Parex (France), which is a leading manufacturer of façade mortars, tile adhesives, and waterproofing adhesives. This will help the company to expand its product portfolio and enter into attractive market segments.
In March 2018, Fosroc launched Patchroc250, a patch repair mortar for highway repairs. The product provides rapid and permanent reinstatement in thick sections of patches. This is expected to help the company to target the road infrastructure end-use industry, specifically.
In November 2019, Sika added a new mortar plant at its existing facility in Addis Ababa, Ethiopia. This is expected to expand the product portfolio offering and increase the manufacturing capacity in the country.
Regions covered By Aluminium Brazing Alloys Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Concrete Repair Mortars Market
– Changing Concrete Repair Mortars market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Concrete Repair Mortars market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Concrete Repair Mortars Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report has 150 tables and figures browse the report description and TOC:
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