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Concrete Curing Equipment Market Analysis, Forecast, 2020–2027 | By Type, Application, Region

02-03-2021 06:51 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Concrete curing equipment is mostly used for construction purposes. It is a set of equipment that usually comprises immersion heaters, concrete curing tanks, and curing tank heaters. Concrete curing tanks are manufactured using galvanized steel or heavy plastic and they are used for curing concrete beams, cylinders, and other concrete specimens. This equipment can be used for maintaining moisture conditions and water temperature in concrete curing tanks. Also, they provide a protective and stable environment throughout curing, transport, monitoring, and testing processes. They hold major applications in the construction of buildings, highways, and bridges.

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Drivers, restraints, and opportunities

A surge in construction activities and a rise in infrastructure development worldwide are the major factors that is expected to drive the growth of the concrete curing equipment market in the upcoming years. Besides, concrete curing equipment provides a stable and protective environment throughout monitoring, curing, transport, and testing processes which is another key factor that can potentially fuel the growth of the concrete curing equipment market for the next few years.

Moreover, the growing need for highly efficient and technologically advanced concrete curing equipment will boost the demand for concrete curing equipment in the market. However, lack of awareness about concrete curing equipment among builders and contractors is a restraining factor that is hindering the market growth. On the contrary, government initiatives to encourage new infrastructure construction projects are anticipated to provide lucrative growth opportunities for the concrete curing equipment market during the forecast period.

By Region

North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

Key Players

Major players analyzed include Gilson Company, Inc., Portland Cement Association, Humboldt Mfg. Co., Apollo Inffratech Pvt. Ltd., WATTCO INC., Hawkeye Pedershaab, Johnson Concrete Curing Systems, Kraft Curing Systems GmbH, CDS-Group, and BESMAK

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Trends in the concrete curing equipment market

A surge in construction activities worldwide

The construction industry worldwide has been constantly gaining pace due to factors like rapid industrialization, urbanization, and a growing population. A massive number of construction activities are being observed in developing countries like China and India due to these factors. Moreover, the governments of China and India are initiating new projects for the infrastructural developments lately.

For instance, the ‘Make In India’ initiative introduced by the government of India encourages investors to establish manufacturing plants in India. In addition, according to the international construction market survey report of the central government of India has planned to invest $109 billion in the construction of new highways and roads for the next five years. Such new initiatives and investments for infrastructural development can create a significant positive impact on the growth of the concrete curing equipment during the forecast period.

New product developments to flourish the market

Increasing tight completion schedules, high strength concrete requirements, and project size will increase the need for highly efficient and technologically advanced concrete curing equipment such as batching and placing equipment. For instance, Gar-Bro Concrete Equipment, a U.S. based company offers advanced concrete placement equipment such as R Series Lightweight Round-Gate Concrete Buckets that are 30-40% lighter than standard buckets, L Series Lightweight Laydown Buckets that can handle large capacities at low loading height, and more. Such advanced product offerings by key market players are anticipated to fuel the growth of the concrete curing equipment market in the upcoming years.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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