Concrete Repair Mortars Market to Grow at a Stayed 9% CAGR with Huge Profits by 2029 | Sika AG, BASF SE, MAPEI S.p.A.

Exactitude Consultancy Market Research analyses that the Concrete Repair Mortars Market will witness a CAGR of 9% for the forecast period of 2023-2029 and is likely USD 2.38 billion in 2022 to reach at USD 5.18 billion by 2029.

Concrete repair mortars are a type of material used to repair spalling in concrete structures caused by reinforcing corrosion. Because of the qualities of concrete, it is more commonly employed for natural structural faults created by buildings settling and adjusting during temperature changes, as well as damage caused by unanticipated water infiltration. Different types of concrete repair mortars are utilized depending on the application.

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Concrete Repair Mortars Market Dynamics

✦ Drivers

► Aging Infrastructure:

The increasing age of buildings and infrastructure across the globe creates a growing need for repair and maintenance, driving the demand for concrete repair mortars.

► Population Growth:

Rising urbanization and population growth lead to increased demand for new construction, as well as the restoration of existing structures, boosting the market for repair materials.

✦ Restraints

► Skilled Labor Shortage:

The proper application of repair mortars requires skilled labor, and shortages of such labor can limit the widespread adoption of these materials.

✦ Technical Challenges:

Some repair scenarios require specialized knowledge and techniques for effective application, which may pose challenges for contractors and construction professionals.

Prominent Key players of the Concrete Repair Mortars Market survey report:

Historical data available in the report elaborates on the development of the Concrete Repair Mortars on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - R. Meadows, Inc., ARDEX AMERICAS, Sika AG, BASF SE, MAPEI S.p.A., Garon Products Inc., MC-Bauchemie, The Euclid Chemical Company, Aquafin.

Recent Developments

⇨In January 2023, Sika AG, a leading manufacturer of concrete repair mortars, announced the launch of a new product called SikaMonoTop 102. This product is a high-performance concrete repair mortar that is designed for use in demanding applications.

⇨In February 2023, BASF SE, another leading manufacturer of concrete repair mortars, announced the acquisition of Master Builders Solutions. This acquisition will give BASF a strong foothold in the global concrete repair mortars market.

⇨In March 2023, MAPEI S.p.A., a leading manufacturer of concrete repair mortars in Europe, announced the launch of a new product called Mapegrout 312. This product is a fast-setting concrete repair mortar that is designed for use in slabs and foundations.

Concrete Repair Mortars Market Segmentation:

Concrete Repair Mortars Market by Type, 2023-2029, (USD Million)

» PMC

» Epoxy Based

Concrete Repair Mortars Market by Application Method, 2023-2029, (USD Million)

» Hand/Trawling

» Spraying

» Pouring

Concrete Repair Mortars Market by End-Use Industry, 2023-2029, (USD Million)

» Buildings & Car Parks

» Road Infrastructure

» Utility

» Marine

Concrete Repair Mortars Market by Grade, 2023-2029, (USD Million)

» Structural

» Non-Structural

The regional outlook by revenue covers the countries namely:

✦ North America (United States, Canada and Mexico)

✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

✦ South America (Brazil, Argentina, Colombia, and Rest of South America)

✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Features of the Concrete Repair Mortars Market Report: -

⇨  Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.

⇨  Examine the market opportunities for stakeholders by identifying higher growth sections.

⇨  To study and analyse the global Concrete Repair Mortars industry status and forecast including key regions.

⇨  An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

⇨  It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

⇨  It helps you make strategic business decisions and investment plans.

Competitive Landscape

Competition has been growing for the Concrete Repair Mortars industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.

Highlight the Following Key Factors:

► Business Description: a particular description of agency operations and enterprise departments.

► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.

► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.

► Company History: The development of predominant occasions associated to the company.

► Main merchandise and services: A listing of the company's fundamental products, services, and brands.

► Main Competitors: A listing of the company's fundamental competitors.

► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

Table of Contents

Global Concrete Repair Mortars Market Research Report 2023-2029

1 Concrete Repair Mortars Market Overview

1.1 Product Overview and Scope of Concrete Repair Mortars

1.2 Concrete Repair Mortars Segment by Type (Product Category)

1.3 Global Concrete Repair Mortars market Segment by Application

1.4 Global Concrete Repair Mortars Market by Region (2023-2029)

1.4.1 Global Concrete Repair Mortars Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)

1.4.2 North America Status and Prospect (2023-2029

1.4.3 Europe Status and Prospect (2023-2029)

1.4.4 China Status and Prospect (2023-2029)

1.4.5 Japan Status and Prospect (2023-2029)

1.4.6 Southeast Asia Status and Prospect (2023-2029)

1.4.7 India Status and Prospect (2023-2029)

1.5 Global Market Size (Value) of Concrete Repair Mortars (2023-2029)

1.5.1 Global Concrete Repair Mortars Revenue Status and Outlook (2023-2029)

1.5.2 Global Concrete Repair Mortars Capacity, Production Status and Outlook (2023-2029)

…

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