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Concrete Repair Mortar Trends and Forecast
The future of the global concrete repair mortar market looks promising with opportunities in the buildings & car parks, road infrastructure, utility, and marine markets. The global concrete repair mortar market is expected to reach an estimated $5.2 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are declining state of current residential infrastructure, heightened pressure on the strained infrastructure due to rising population, and rising demand for infrastructure repair.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Concrete Repair Mortar by Segment
The study includes a forecast for the global concrete repair mortar by type, application method, end use industry, and region.
Concrete Repair Mortar Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• PMC
• Epoxy Method
Concrete Repair Mortar Market by Application Method [Shipment Analysis by Value from 2018 to 2030]:
• Hand/Trawling
• Spraying
• Pouring
Concrete Repair Mortar Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Buildings & Car Parks
• Road Infrastructure
• Utility
• Marine
Concrete Repair Mortar Market by Grade [Shipment Analysis by Value from 2018 to 2030]:
• Structural
Concrete Repair Mortar Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Concrete Repair Mortar Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies concrete repair mortar companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the concrete repair mortar companies profiled in this report include-
• Fosroc International
• Ardex
• Saint-Gobain Weber
• Baumit
• Sika
• Normet
• Bostik
Concrete Repair Mortar Market Insights
Lucintel forecasts that PMC is expected to witness highest growth over the forecast period due to lower cost, easy to use, and also used for both structural and non-structural repairs.
Within this market, road infrastructure will remain the largest segment due to high need for periodic maintenance of road infrastructure to prevent mishaps or accidents..
APAC is expected to witness highest growth over the forecast period due to high growth of population, high construction growth, and ageing infrastructure.
Features of the Global Concrete Repair Mortar Market
Market Size Estimates: Concrete repair mortar market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Concrete repair mortar market size by type, application method, end use industry, and region in terms of value ($B).
Regional Analysis: Concrete repair mortar market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application method, end use industry, and regions for the concrete repair mortar market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the concrete repair mortar market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the concrete repair mortar market size?
Answer: The global concrete repair mortar market is expected to reach an estimated $5.2 billion by 2030.
Q2. What is the growth forecast for concrete repair mortar market?
Answer: The global concrete repair mortar market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the concrete repair mortar market?
Answer: The major drivers for this market are declining state of current residential infrastructure, heightened pressure on the strained infrastructure due to rising population and rising demand for infrastructure repair.
Q4. What are the major segments for concrete repair mortar market?
Answer: The future of the concrete repair mortar market looks promising with opportunities in the buildings & car parks, road infrastructure, utility, and marine markets.
Q5. Who are the key concrete repair mortar market companies?
Answer: Some of the key concrete repair mortar companies are as follows:
• Fosroc International
• Ardex
• Saint-Gobain Weber
• Baumit
• Sika
• Normet
• Bostik
Q6. Which concrete repair mortar market segment will be the largest in future?
Answer: Lucintel forecasts that pmc is expected to witness highest growth over the forecast period due to lower cost, easy to use, and also used for both structural and non-structural repairs.
Q7. In concrete repair mortar market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to high growth of population, high construction growth, and ageing infrastructure.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the concrete repair mortar market by type (pmc and epoxy method), application method (hand/trawling, spraying, and pouring), end use industry (buildings & car parks, road infrastructure, utility, and marine), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Concrete Repair Mortar Market, Concrete Repair Mortar Market Size, Concrete Repair Mortar Market Growth, Concrete Repair Mortar Market Analysis, Concrete Repair Mortar Market Report, Concrete Repair Mortar Market Share, Concrete Repair Mortar Market Trends, Concrete Repair Mortar Market Forecast, Concrete Repair Mortar Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Concrete Repair Mortar Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Concrete Repair Mortar Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Concrete Repair Mortar Market by Type
3.3.1: PMC
3.3.2: Epoxy Method
3.4: Global Concrete Repair Mortar Market by Application Method
3.4.1: Hand/Trawling
3.4.2: Spraying
3.4.3: Pouring
3.5: Global Concrete Repair Mortar Market by End Use Industry
3.5.1: Buildings & Car parks
3.5.2: Road Infrastructure
3.5.3: Utility
3.5.4: Marine
3.6: Global Concrete Repair Mortar Market by Grade
3.6.1: Structural
3.6.2: Non Structural
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Concrete Repair Mortar Market by Region
4.2: North American Concrete Repair Mortar Market
4.2.2: North American Concrete Repair Mortar Market by End Use Industry: Buildings & Car parks, Road Infrastructure, Utility, and Marine
4.3: European Concrete Repair Mortar Market
4.3.1: European Concrete Repair Mortar Market by Type: PMC and Epoxy Method
4.3.2: European Concrete Repair Mortar Market by End Use Industry: Buildings & Car parks, Road Infrastructure, Utility, and Marine
4.4: APAC Concrete Repair Mortar Market
4.4.1: APAC Concrete Repair Mortar Market by Type: PMC and Epoxy Method
4.4.2: APAC Concrete Repair Mortar Market by End Use Industry: Buildings & Car parks, Road Infrastructure, Utility, and Marine
4.5: ROW Concrete Repair Mortar Market
4.5.1: ROW Concrete Repair Mortar Market by Type: PMC and Epoxy Method
4.5.2: ROW Concrete Repair Mortar Market by End Use Industry: Buildings & Car parks, Road Infrastructure, Utility, and Marine
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Concrete Repair Mortar Market by Type
6.1.2: Growth Opportunities for the Global Concrete Repair Mortar Market by Application Method
6.1.3: Growth Opportunities for the Global Concrete Repair Mortar Market by End Use Industry
6.1.4: Growth Opportunities for the Global Concrete Repair Mortar Market by Grade
6.1.5: Growth Opportunities for the Global Concrete Repair Mortar Market by Region
6.2: Emerging Trends in the Global Concrete Repair Mortar Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Concrete Repair Mortar Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Concrete Repair Mortar Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Fosroc International
7.2: Ardex
7.3: Saint-Gobain Weber
7.4: Baumit
7.5: Sika
7.6: Normet
7.7: Bostik
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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