The global concrete restoration market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. Concrete restoration is the process to fix a hardened concrete surface that has lost the ability to bind concrete materials together over time due to damage or environmental exposure. It is used for cracks, physical impacts, chipped out surfaces or surface scaling. The major factor driving the growth of the global concrete restoration market during the forecast period is the increasing burden of the rising population on existing infrastructure across the globe.
Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/concrete-restoration-market
Moreover, the increasing restoration work or projects is further boosting the growth of the market during the forecast period. For instance, in August 2021, the restoration work of Notre Dame was initiated after a long safety phase and months of work interruption due to the COVID-19 pandemic. Additionally, the work was anticipated to be completed by 2024. Furthermore, in January 2021, Redwood Construction Ltd. announced that it has received a contract valued at $1.3 million for further renovations to the Colonial Building Provincial Historic Site.
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 & acquisitions, partnerships, geographical expansion and collaborations to stay competitive in the market. For instance, in July 2021, Sika UK launched a new range of low-carbon concrete repair mortars that are designed for long-term concrete repair.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Material Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- BASF SE, Fosroc, Mapei S.p.A, Master Builders Solutions, and Sika Group, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Concrete Restoration Market Report by Segment
By Material Type
• Shotcrete
• Quick Setting Cement
• Fiber Concrete
• Others
By Application
• Dams & Reservoirs
• Roads, Highway & Bridges
• Marine
• Buildings & Balconies
• Others
Global Concrete Restoration Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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