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Concrete Cooling Market Share, Trends, Analysis and Industry Research Report, 2017 - 2024: Global Market Insights Inc.

09-06-2017 01:52 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc

Concrete Cooling Market Share, Trends, Analysis and Industry

Concrete Cooling Market size will grow significantly owing to expansion to infrastructure development in BRICS nations. Since construction industry is humongous in these countries, the concrete cooling systems demand can remain high in these nations.

In Middle-East, demand for water cooling systems has grown across diverse segments, hence creating opportunity for industry growth. Technological innovations in the product portfolio is another driver for industry growth, KTI, a Germany based company, uses film evaporators instead of using shell and tube heat exchangers to increase product efficiency.

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Global construction market was valued over USD 8 trillion in 2015 and is projected to surpass USD 15 trillion by 2024. Economic growth in countries like China, India, Thailand, Malaysia, Indonesia and South Korea has raised the demand of these products owing to infrastructure development. It is a technique used to reduce temperature of poured concrete to maintain its characteristic temperature for enhanced results and is mostly used in projects involving large amounts of concrete and regions having warm climate.

Planning and construction of over 3500 new dams in growing economies to meet rising renewable energy demand and government regulations for cleaner, cheaper and greener fuel will play a major driver for the concrete cooling market size. Dams are required to hold and store huge amounts of water and generate electricity exerting huge force on concrete walls of the dam.

Infrastructure development is a major form of business in middle east, from highways &road, huge commercial projects to ports & plants every structure requires to meet the strength and specification to serve its purpose and driving the market share.

North America, led by U.S. concrete cooling market size, expects moderate gains throughout the forecast period owing to low temperature conditions in the region. The residential and commercial buildings don’t require much of the products to be installed to keep the temperature of the structure at a lower range. Europe concrete cooling market size, led by France, Germany, UK and Italy infrastructure development, must witness moderate gains over the forecast period.

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Global concrete cooling market share is diverse in nature including upstream players, raw material suppliers, downstream stakeholders, end-users, vendors and government organization. Some key players are KTI-Plersch Kältetechnik GmbH, Coldcrete., Fujian Snowma., Kirloskar Pneumatic, Icelings, North Star Ice Equipment Corp and Focusun Refrigeration Corp.

Concrete Cooling Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

https://www.gminsights.com/industry-analysis/concrete-cooling-market

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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