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Concrete Surface Retarders Market Share, Trends, Growth Strategies, Competitive Dynamics, Industry Segmentation and Forecast to 2029
Concrete Surface Retarders Market Overview:Concrete surface retarders are produced by adding surface structure by using color TAggregates such as, marble, granite, basalt, and traditional gravel. The concrete surface retarders are chemical formulation which delays set of surface mortar without harming setting rate and strength gain of underlying concrete. Also, concrete surface retarders can be flushed by water or scrubbed with a brush after setting the underlying concrete.
The global Concrete Surface Retarders Market is projected to grow at a CAGR of 5% to reach USD 76.80 million by 2029, from USD 73.4 million in 2020.
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The concrete surface retarders market has been growing in accordance with the growth trends of the construction industry. Factors such as demand for green buildings, infrastructure development, industrialization, and an increase in urban population have propelled the growth of the global concrete surface retarders market. Improvement in the economic condition of developing countries is expected to drive infrastructure growth, subsequently increasing the demand for concrete surface retarders in various applications, such as bridge decks, sidewalks, curbs, ramps, facade cladding, and concrete segment joints.
Concrete Surface Retarders Market Segmentation:
Concrete Surface Retarders Market by Raw Materials, 2020-2029, (USD Million)
Organic Agents
Inorganic Agents
Concrete Surface Retarders Type, 2020-2029, (USD Million)
Water-Based
Solvent-Based
Concrete Surface Retarders Market by Application, 2020-2029, (USD Million)
Residential
Commercial
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Concrete Surface Retarders Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Sika AG, BASF SA, Mapei AS, CEMEX S.A.B, GCP applied technologies, Euclid Chemical company, W.R Meadow and Others
Recent Developments
In June 2018, Sika opened a production plant in Saudi Arabia for concrete admixtures to strengthen its foothold in the Middle East region. This expansion is expected to help the company increase its production capacity and optimize logistics by reducing the transportation costs incurred in serving the adjacent markets around the Persian Gulf.
In May 2018, BASF inaugurated its first production plant in Yangon, Myanmar. This expansion is expected to serve the increasing demand for high quality, tailor-made concrete admixtures from the growing residential, industrial, and infrastructure construction sectors in Myanmar.
In April 2018, Sika expanded its presence in Senegal, Africa, by opening a concrete admixture factory. This expansion is expected to help the company increase its presence in the growing economy of Senegal and serve customers in West Africa.
In June 2017, One of CEMEX's subsidiaries divested its Pacific Northwest materials business to Cadman Materials, Inc. (US). The transaction consists of the sale of its aggregate, asphalt, and ready-mix concrete operations in Oregon and Washington. The deal was closed at approximately USD 150 million.
Growth Factors:
Increasing demand from the Concrete Surface Retarders industries
The growing use of Concrete Surface Retarders in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Concrete Surface Retarders Market
Concrete Surface Retarders Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Concrete Surface Retarders Market Trends
- The report identifies, determines, and forecasts the Global Concrete Surface Retarders Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Concrete Surface Retarders Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Concrete Surface Retarders Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Concrete Surface Retarders Market.
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