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Concrete Repair Mortars Market size, demand, growth, COVID 19 impact analysis, share, revenue and forecast 2021-2031 | Fosroc International Ltd., MBCC, Mapei S.p.A, Saint-Gobain Weber S.A

09-26-2023 04:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Concrete repair mortars are specialized mixtures of hydraulic cement, aggregates, and other ingredients that are used to repair cracks and other damage in concrete. While there are many different types of concrete repair mortars on the market, they all share some common ingredients and characteristics.

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Hydraulic cement is the key ingredient in concrete repair mortars. They are mixtures of calcium silicates and other compounds that harden when mixed with water. Hydraulic cement is available in a variety of strengths, from low-strength mortars used for patching to high-strength cement used for structural repairs.

Key Trends

Concrete repair mortars are a key technology in the construction industry, enabling the repair and restoration of concrete structures. There are a number of key trends in the development of concrete repair mortars, which are driven by the need for more effective and durable repairs, and the desire to minimize the impact of repairs on the environment and on the surrounding structures.

One of the key trends in the development of more effective bonding agents. Bonding agents are used to improving the adhesion of the repair mortar to the concrete substrate, and to improve the strength of the repair.

Another key trend is the development of more effective and durable repair mortars. Repair mortars must be able to withstand the forces to which they are subjected, and must be durable enough to last for the lifetime of the repair. New repair mortars are being developed which are more resistant to cracking, shrinkage, and deformation, and which have improved bonding properties.

The development of new technologies for the application of repair mortars is also a key trend. The traditional method of applying repair mortars is by hand, but this is often impractical and can lead to a poor finish. new technologies are being developed which enable the repair mortar to be applied more evenly and with a better finish.

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Key Drivers

The key drivers of Concrete Repair Mortars market are the increase in construction activities and the need for repair and maintenance of concrete structures. The construction industry is growing at a rapid pace globally and this is resulting in an increased demand for concrete repair mortars.

The other key driver for this market is the need for repair and maintenance of concrete structures due to the wear and tear of these structures. There is a growing awareness among people about the importance of maintaining the concrete structures and this is resulting in an increased demand for concrete repair mortars.

Restraints & Challenges

The key restraints and challenges in the concrete repair mortars market include the lack of awareness among consumers about the product, and the high cost of the product. Additionally, the concrete repair mortars market is also restrained by the lack of standardization in the manufacturing process of the product.

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Market Segments:

The Concrete Repair Mortars Market is segmented by type, end use industry, grade and region. By type the market is divided into polymer modified cementitious mortars and epoxy based mortars. Based on the end use industry it is divided into buildings & car parks, road infrastructure, utility and marine. On the basis of grade it is divided into structural, non-structural and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Market Players:

The Concrete Repair Mortars Market includes player such as Sika AG, Fosroc International Ltd., MBCC, Mapei S.p.A, Saint-Gobain Weber S.A, Pidilite Industries Ltd., Remmers Baustofftechnik GmbH, Flexcrete Technologies Ltd. , The Euclid Chemical Co., and Adhesive Technology Corp.

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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