Concrete Cooling Market is projected to gain rapid boost by 2025 | KTI-Plersch Kältetechnik GmbH, Coldcrete., Fujian Snowma., Kirloskar Pneumatic

Concrete Cooling Market forecast report now available with Global Market Insights encompasses an exhaustive study of this business space with regards to pivotal industry drivers, market share analysis, and the latest trends characterizing the Concrete Cooling industry landscape. This report also provides in detail, the market size, growth spectrum, and the competitive scenario of Concrete Cooling market in the forecast timeline.

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Planning and construction of over 3500 new dams in growing economies to meet rising renewable energy demand and government regulations for cleaner, cheaper and greener fuel will play a major driver for the concrete cooling market size. Dams are required to hold and store huge amounts of water and generate electricity exerting huge force on concrete walls of the dam. These walls need to be treated and tested to bear such pressure and force, concrete cooling systems helps to cure the concrete and increase its strength.

Construction industry in APAC was valued at over USD 1.5 billion in 2015 and is forecast to grow at a rate of 5% CAGR by 2024. APAC, led by India, Japan and China concrete cooling market size is likely to witness steady gains over the forecast timeframe.
Concrete cooling market size in highway construction application occupies a larger chunk of the demand. They are used to cure the building material, which helps to improve its strength in long-term. This leads to increased use of the concrete cooling system in highway construction raising its demand.

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North America, led by U.S. concrete cooling market size, expects moderate gains throughout the forecast period owing to low temperature conditions in the region. The residential and commercial buildings don’t require much of the products to be installed to keep the temperature of the structure at a lower range. Europe concrete cooling market size, led by France, Germany, UK and Italy infrastructure development, must witness moderate gains over the forecast period.

Global concrete cooling market share is diverse in nature including upstream players, raw material suppliers, downstream stakeholders, end-users, vendors and government organization. Some key players are KTI-Plersch Kältetechnik GmbH, Coldcrete., Fujian Snowma., Kirloskar Pneumatic, Icelings, North Star Ice Equipment Corp and Focusun Refrigeration Corp.

Related News: https://www.marketwatch.com/press-release/concrete-cooling-market-statistics-2019-industry-growth-share-regional-forecast-to-2024-2019-05-22

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