Press release
Worldwide Business Survey: Concrete Repair System Market Size & Share, Growth, Trends and Forecast 2017 - 2025
The report analyzes and presents an overview of "Concrete Repair System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.The main objective of this report is to define, describe, and forecast the global “Concrete Repair System” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Concrete repair system can be defined as the various methods and compounds applied to concrete walls and other concrete structures in order to support their working condition. Concrete is used in a variety of infrastructure, ranging from residential, commercial, and industrial buildings to roads, highways, bridges, and other structures such as museums, railway stations, and airports, thereby making it a fairly large market. Investments made in concrete infrastructure are high and, therefore, it is essential that the infrastructure and its concrete remain in good working condition. This makes the concrete repair system an important market.
The global concrete repair system market can be segmented along several lines such as type of problem, type of solution, and method of application.
In terms of type of problem, the global concrete repair system market can be classified into new build defects, service & maintenance, and age-related deterioration. New build defects are problems that occur either during or soon after the construction of the infrastructure. The service & maintenance segment includes regular strengthening of the concrete, for example, by repairing cracks and other such problems when they are at an initial stage. This not only improves the quality of the infrastructure, but also helps in prolonging its life. Age-related deterioration of concrete and other materials involved in the infrastructure is common and needs to be addressed every few years.
More importantly, in terms of type of solution, the global concrete repair system market can be divided into coatings, sealers & primers, bonding agents & waterproofing compounds, mortars, and others. Coatings, sealers & primers are used for a wide range of purposes such as anti-corrosion, steel reinforcement, concrete strengthening, and decoration. Mortars are primarily used for sticking one material to another. For example, it is used between bricks and blocks or between tiles and floor or wall. The primary purpose of bonding agents & waterproofing compounds is to enhance the joining of structures without employing mechanical fasteners. They help in improving the tensile strength of the concrete and its ability to withstand corrosion. Finally, the others section consists of various concrete repair solutions such as epoxy adhesives & concrete, polyurethane compounds, grouts, gels, and self-levelling screeds, etc.
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Based on method of application, the global concrete repair system market includes hand/equipment-applied, sprayed, and others. The hand/equipment-applied method is commonly used when the product needs to pasted on to the concrete or applied between surfaces. Products such as bonding agents, mortars, and primers are generally applied in this manner. The method of spraying the product on to the concrete is frequently used in the case of coatings, sealers, and certain waterproofing compounds. Other methods of applying concrete repairs include the product being injected into cracks or the use of machines in case of protective levelling mortars and self-levelling screeds.
In terms of region, the global concrete repair system market can be segmented into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific. Concrete repair systems are in extensive use in the developed regions of North America and Europe. Their usage, on the other hand, is increasing in the developing regions of Latin America, Asia Pacific, and Middle East & Africa. These regions present considerable opportunities during the forecast period owing to the high investments in infrastructure by the governments.
Some of the major companies in the global concrete repair system market include the Sika Group, Fosroc International Limited, BASF Corporation, KREISEL Technika Budowlana Sp. z o.o., MAPEI Corporation, ARDEX Americas, Chemco International Ltd., Saint-Gobain Construction Products UK Limited, and Kryton International Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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