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Comprehensive Cementitious Concrete Repair Mortar Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Cementitious Concrete Repair Mortar Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been considerable growth in the market for cementitious concrete repair mortar in recent times. The market's worth is predicted to increase from $2.00 billion in 2024 to $2.15 billion in 2025, boasting a compound annual growth rate (CAGR) of 7.6%. Reasons for this growth during the historic period include the renovation of infrastructure, the aging of existing buildings, maintenance required in industrial settings, government-funded restoration initiatives, and the urbanization process in developing economies.
Cementitious Concrete Repair Mortar Market Size Forecast: What's the Projected Valuation by 2029?
The market for cementitious concrete repair mortar is predicted to exhibit robust expansion in the upcoming years, reaching a value of $2.85 billion in 2029, with a compound annual growth rate (CAGR) of 7.2%. Growth factors within the forecast period include escalated infrastructure investments, focus on eco-friendly construction, increasing renovation projects, strict building safety norms, and demand for superior performance materials. Prevailing trends encompass the utilization of eco-friendly repair materials, creation of self-repairing mortars, incorporation of nanotechnology, preference for pre-blended solutions, and digital surveillance of repair effectiveness.
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What Are the Drivers Transforming the Cementitious Concrete Repair Mortar Market?
The increase in construction work is predicted to drive the cementitious concrete repair mortar market's growth. This escalation in construction work encompasses the expanding development and refurbishment of residential, commercial and infrastructure projects. The increase is largely fuelled by swift urbanization, with booming urban populations amplifying the need for residential and commercial development, and infrastructure to support housing, transport, and public services. Cementitious concrete repair mortar is beneficial for these construction activities as it reinstates structural integrity, fills gaps, and boosts the strength of impaired concrete surfaces. For instance, the Australian Bureau of Statistics, a government agency based in Australia, reported in July 2023 that the count of dwellings under construction in the March quarter of 2023 increased to 240,813 from 240,065 in 2022. Out of these, new houses accounted for 103,778, up from 101,240 the previous year. Hence, the rise in construction work is fuelling the expansion of the cementitious concrete repair mortar market.
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What Long-Term Trends Will Define the Future of the Cementitious Concrete Repair Mortar Market?
Significant players in the cementitious concrete repair mortar market are concentrating on the creation of novel solutions like shrinkage-compensated mortars, with the aim of minimizing cracking and boosting the durability of repairs. Shrinkage-compensated mortars, which are cement-based repair substances, are designed to counterbalance drying shrinkage through consistent expansion while curing, contributing to dimensional steadiness and lessening the likelihood of cracks appearing. Additionally, it guarantees enduring adherence to the current concrete surface. For instance, Euclid Chemical Company, an American specialty chemical products manufacturer, rolled out Versaspeed RMC in June 2024. This advanced fast-setting repair mortar, which features shrinkage compensation, pozzolan and microfiber modification, is engineered to decrease cracking while promoting swift strength increase for structural repairs, regardless of whether they're horizontal, vertical, or overhead. The product includes a built-in corrosion inhibitor and offers exceptional freeze-thaw resistance and low permeability, which makes it perfectly suited for usage in severe environmental conditions. Pre-blended with pea gravel, VersaSpeed RMC is easy to apply on-site and is a suitable solution for full-depth repairs that necessitate a quick return to service. It complies with ASTM C928 standards for rapid-hardening cementitious materials and allows for form stripping on the day of installation, with surface coatings possible just five hours post final setting.
Which Segments in the Cementitious Concrete Repair Mortar Market Offer the Most Profit Potential?
The cementitious concrete repair mortar market covered in this report is segmented -
1) By Product Type: Polymer-Modified Repair Mortars, Non-Polymer Modified Repair Mortars, Self-Leveling Repair Mortars, High-Performance Repair Mortars
2) By Formulation: Ready-To-Mix Mortars, Pre-Mixed Mortars, Site-Mixed Mortars
3) By Application: Residential, Commercial, Industrial, Infrastructure, Roads And Bridges
4) By End-User: Construction Companies, Contractors, Manufacturers, Retailers, Government Agencies
Subsegments:
1) By Polymer-Modified Repair Mortars: Acrylic-Modified Mortars, Styrene-Butadiene Rubber Modified Mortars, Epoxy-Modified Mortars
2) By Non-Polymer Modified Repair Mortars: Standard Cement-Based Mortars, Lime-Based Mortars, Rapid-Setting Mortars
3) By Self-Leveling Repair Mortars: Cement-Based Self-Leveling Mortars, Gypsum-Based Self-Leveling Mortars, Polymer-Enhanced Self-Leveling Mortars
4) By High-Performance Repair Mortars: Fiber-Reinforced Mortars, Shrinkage-Compensated Mortars, Sulphate-Resistant Mortars
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Which Firms Dominate the Cementitious Concrete Repair Mortar Market by Market Share and Revenue in 2025?
Major companies operating in the cementitious concrete repair mortar market are Compagnie de Saint-Gobain S.A., Holcim Ltd., Sika AG, Mapei S.p.A., Denka Company Limited, Pidilite Industries Limited, MC-Bauchemie Müller GmbH & Co. KG, Berger Paints India Limited, Fosroc International Limited, ARDEX GmbH, DCP Int, The Euclid Chemical Company, W. R. Meadows Inc., CICO Technologies Limited, Illinois Tool Works Inc., Remmers GmbH, SCHOMBURG GmbH & Co. KG, Fairmate Chemicals Private Limited, Ronacrete Limited, US Concrete Products LLC
Which Regions Offer the Highest Growth Potential in the Cementitious Concrete Repair Mortar Market?
Asia-Pacific was the largest region in the cementitious concrete repair mortar market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cementitious concrete repair mortar market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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