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Concrete Bonding Agents Market is increase in Investments By Foreign Companies in the Construction Sector

08-20-2018 10:33 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Xpodence Research

Concrete Bonding Agents Market is increase in Investments

The bonding agent is the synthetically and natural prepared material that is used to strengthen joining quality of any two material without applying any mechanical force. Its major use is bonding fresh concrete to old; however it can be used as terrazzo, underlayment, crack fillers, grouting-mortar or stucco. The two critical factors that affect the bonding quality between old and new concrete is the strength and reliability of old surface and also the neatness of old surface.It is necessary that damage surface should be free from dust or spillage like oil to have strong Concrete Bonding Agents. The latex emulsion and epoxies are the two major type of bonding agents used in construction industry. Epoxy based Concrete Bonding Agents agent provides superior strength and durable bonding to concrete as compared to latex emulsion. However latex based is less expensive hence it leads the global Concrete Bonding Agents agents market.

The increase in the decorative interior for providing aesthetic and pleasing finishing for residential construction is primarily driving the global market of Concrete Bonding Agents agent. The rise in living standard as well as the income of middle-class population in emerging countries has increased the demand of Concrete Bonding Agents agent for decorative use. The factors which contribute to the growth of Concrete Bonding Agents agent market are strong industrial base in the construction industry and also increase in investments by foreign companies in the construction sector Although the overall Concrete Bonding Agents agents’ market is growing significantly, challenges such as inadequate workmanship are restricting the growth of Concrete Bonding Agents agents market.

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Repairing is anticipated to be the largest application of Concrete Bonding Agents agents. The exposure to diverse climatic changes and pollution mostly lead to the early failure in concrete compaction and damage. Hence, timely reparation is vital in order to maintain the infrastructure for generations. Concrete Bonding Agents agents are mostly used in the repairing application, thus making it the largest application segment in the global Concrete Bonding Agents agents market. The Asia-Pacific region is the largest market in the global concrete bonding agents market, both, the year in 2017. China is the largest market in the Asia-Pacific region for concrete bonding agents the year 2017. The growing construction sector, increasing R&D activities initiated by major players, and readily available raw material, are the key growth drivers for concrete bonding agents in this region.

Some of the companies in the Concrete Bonding Agents market are Sika AG, Fosroc International Ltd., BASF SE, Saint-Gobain Weber S.A., Mapei S.p.A., )among others. The major companies operating in the global Concrete Bonding Agents market will eventually grab the opportunity presented by the new technology to further enhance their product offerings.

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Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.

We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.

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