Concrete Restoration Market
Global Concrete Restoration Market Size, Share & Trends Analysis Report by Material Type (Shotcrete, Quick Setting Cement, Fiber Concreteb and Others), and by Application (Dams & Reservoirs, Roads, Highway & Bridges, Marine, Buildings & Balconies, and Others) Forecast Period (2022-2028)
The global concrete restoration market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. The major factor driving the growth of the global concrete restoration market during the forecast is the increasing need for infrastructure maintenance due to the burden of the growing population across the globe. According to the article, The Effect of Population Density on Infrastructure: The Case of Road Building, In the aggregate, increased population raises the rate of return on investment in roads. Additionally, it is to be expected that where the population per unit area is higher, there will be more roads per unit area. Furthermore, the burden of the growing population on existing infrastructure is due to the increasing ageing population and migrants. According to Eurostat, by 2025, European countries are anticipated to have almost 125 million people above 65 years of age. Moreover, the growth of the market can also be attributed to the increased economic growth in some regions across the globe.
Impact of COVID-19 Pandemic on Global Concrete Restoration Market
The COVID-19 pandemic had a negative impact on the global concrete restoration market. During COVID-19, as of May 2020, 212 countries had been impacted by the pandemic, and the governments of these countries had ordered nationwide lockdowns which halted the operations of several industries. Hence, it affected the operations of concrete restoration offering companies which hampered the growth of the market. Additionally, the disruption in the supply chain resulted in delay or non-arrival of raw materials which also adversely affected the market growth. However, as the COVID-19 situation normalizes, the global concrete restoration market started to recover due to the lifting of lockdowns.
Segmental Outlook
The global concrete restoration market is segmented based on material type and application. Based on the material type, the market is sub-segmented into shotcrete, quick setting cement, fiber concrete and others. Based on the application, the market is sub-segmented into dams & reservoirs, roads, highways & bridges, marine, buildings & balconies and others.
Global Concrete Restoration Market Share by Material Type, 2021 (%)
Quick Setting Cement Holds a Prominent Share in the Global Concrete Restoration Market
Based on the material type, the quick setting cement in the global concrete restoration market holds a prominent share in 2021. The factor driving the quick setting cement segment includes the reduction in time due to its instant setting feature. Additionally, it is a special cement formulation that is used in several applications including underwater construction such as river bridge construction and part of bridge construction such as the pier, foundation, pier cap, pile cap, and piles. Furthermore, it develops a rapid compressive strength while significantly reducing the waiting on cement time in comparison to traditional cement systems.
Regional Outlook
The global concrete restoration market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Germany, Italy, Spain, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). North America is anticipated to grow during the forecast period due to the increasing renovations of the old building in countries such as the US, in the region.
Global Concrete Restoration Market Growth by Region, 2022-2028
The Asia-Pacific Region Holds a Prominent Share in the Global Concrete Restoration Market
The Asia-Pacific region holds a prominent share in the concrete restoration market. The major factor driving the growth of the market in the region is the increasing population in the countries such as China, and India in the region which is overburdening the concrete structures. According to the World Bank, the population of India was 1.38 billion in 2020 as compared to 1.366 billion in 2019. Additionally, as per the same source, China is the most populous country in the region with a population of 1.4 billion in 2020. Furthermore, increasing infrastructure development, rapid modernization, and urbanization in the countries in the Asia-Pacific region are driving the growth of the market.
Market Players Outlook
The major companies serving the global concrete restoration market include BASF SE, Fosroc, Mapei S.p.A, Master Builders Solutions, and Sika Group, among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, geographical expansion and collaborations to stay competitive in the market. For instance, in February 2022, Euclid Chemical announced to launch of three new concrete admixtures including EUCOSHIELD, EUCON Eco-Strength and Eucon AM-10L at this year's World of Concrete, the concrete industry's largest event for building professionals.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global concrete restoration market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Concrete Restoration Market
• Recovery Scenario of Global Concrete Restoration Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. BASF SE
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Fosroc
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Mapei S.p.A
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Master Builders Solutions
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Sika Group
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Concrete Restoration Market by Material Type
4.1.1. Shotcrete
4.1.2. Quick Setting Cement
4.1.3. Fiber concrete
4.1.4. Others
4.2. Global Concrete Restoration Market by Application
4.2.1. Dams & Reservoirs
4.2.2. Roads, Highways & Bridges
4.2.3. Marine
4.2.4. Buildings & Balconies
4.2.5. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Aquafin, Inc.
6.2. Concrete Craft
6.3. Chembond Chemicals Ltd.
6.4. Dayton Superior
6.5. MC Building Chemicals
6.6. Perma Construction Aids Pvt. Ltd.
6.7. Pidilite Industries Ltd.
6.8. RPM International Inc.
6.9. Saint-Gobain Weber S.A.
6.10. The Euclid Chemical Co.
1. GLOBAL CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2021-2028 ($ MILLION)
2. GLOBAL CONCRETE RESTORATION BY SHOTCRETE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL CONCRETE RESTORATION BY QUICK SETTING CEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CONCRETE RESTORATION BY FIBER CONCRETE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL CONCRETE RESTORATION BY OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
7. GLOBAL CONCRETE RESTORATION FOR DAMS & RESERVOIRS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL CONCRETE RESTORATION FOR ROADS, HIGHWAYS & BRIDGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL CONCRETE RESTORATION FOR MARINE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL CONCRETE RESTORATION FOR BUILDINGS & BALCONIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL CONCRETE RESTORATION FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY MATERILA TYPE, 2021-2028 ($ MILLION)
15. NORTH AMERICAN CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
16. EUROPEAN CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2021-2028 ($ MILLION)
18. EUROPEAN CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. REST OF THE WORLD CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. REST OF THE WORLD CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2021-2028 ($ MILLION)
24. REST OF THE WORLD CONCRETE RESTORATION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL CONCRETE RESTORATION MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL CONCRETE RESTORATION MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL CONCRETE RESTORATION MARKET, 2022-2028 (%)
4. GLOBAL CONCRETE RESTORATION MARKET SHARE BY MATERIAL TYPE, 2021 VS 2028 (%)
5. GLOBAL CONCRETE RESTORATION BY SHOTCRETE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL CONCRETE RESTORATION BY QUICK SETTING CEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL CONCRETE RESTORATION BY FIBER CONCRETE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL CONCRETE RESTORATION BY OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL CONCRETE RESTORATION MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
10. GLOBAL CONCRETE RESTORATION FOR DAMS & RESERVOIRS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL CONCRETE RESTORATION FOR ROADS, HIGHWAYS & BRIDGES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL CONCRETE RESTORATION FOR MARINE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL CONCRETE RESTORATION BY BUILDINGS & BALCONIES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL CONCRETE RESTORATION BY OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL CONCRETE RESTORATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. US CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
17. CANADA CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
18. UK CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
19. FRANCE CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
20. GERMANY CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
21. ITALY CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
22. SPAIN CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF EUROPE CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
24. INDIA CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
25. CHINA CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
26. JAPAN CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
27. SOUTH KOREA CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD CONCRETE RESTORATION MARKET SIZE, 2021-2028 ($ MILLION)
