(EMAILWIRE.COM, November 02, 2023 ) The report “Concrete Repair Mortars Market by Type (PMC and Epoxy Based),Application Method (Hand/Trawling, Spraying,Pouring),End-use Industry (Buildings & Car parks, Road Infrastructure, Utility, Marine), Grade and Region – Global Forecast to 2026″ The concrete repair mortars market is projected to grow from USD 2.6 billion in 2021 to USD 4.0 billion by 2026, at a CAGR of 8.7%. The use of concrete repair mortars strengthens the buildings and increase their life span. They also helps in saving costs for new construction in the process. In addition, governments are concerned about the deteriorating state of their infrastructure, which is expected to lead them to invest more in the market during the forecast period.
Browse in-depth TOC on “Concrete Repair Mortars Market
702 – Market Data Tables
40 – Figures
371 – Pages
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=160103226
Polymer modified cementitious (PMC) mortars is the larger used type in the concrete repair mortars market.
The polymer modified cementitious mortars are expected to be the most commonly used type of concrete repair mortars during the forecast period. The growth is attributed to their lower cost in comparison to epoxy based mortars. The polymer modified cementitious mortars are also easy to use and can be used for both structural and non-structural repairs, which has added to their popularity in the market.
Structural is the faster-growing grade segment of concrete repair mortars.
Structural is the faster-growing grade in the market during the forecast period. The repair mortars used in the structural repair of the building are called structural grade mortars. These mortars are primarily used in the buildings & carparks, roads, industries, and marine infrastructure. Builders are more concerned about structural damages than non-structural damages. The structural damages can be fatal for the structures if they are not periodically maintained. Most of the aging buildings and bridges are likely to have structural damages. These factors are expected to drive the growth of the structural grade concrete repair mortars during the forecast period.
Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=160103226
Road infrastructure to be the fastest-growing end-use industry of the concrete repair mortars market between 2021 and 2026.
On the basis of end-use industry, the road infrastructure segment is projected to register the highest CAGR during the forecast period. Road infrastructure includes roads, walkways, bridges & tunnels, and cycling infrastructure. It is essential for countries to maintain their road infrastructure as they are of prime importance for transportation of goods. Good quality roads reduce the time spent on transportation, and also its cost. The periodic maintenance of road infrastructure is also necessary to prevent mishaps or accidents. These factors will drive the growth in road infrastructure during the forecast period.
Hand/trawling application method segment is projected to register the highest CAGR during the forecast period.
On the basis of application method, the hand/trawling method of application is projected to register the highest CAGR during the forecast period. It is a popular method of application due to its ease of usage and can be applied on both vertical and horizontal surfaces. It is effective for both structural and non-structural repair. It is generally used for cracks having a repair depth of 1075 mm.
Don’t miss out on business opportunities in Concrete Repair Mortars Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=160103226
APAC accounted for the largest share in the global concrete repair mortars market.
APAC is estimated to be the largest and the fastest-growing market of concrete repair mortars. The high growth rate of the market in the region is due to the high population growth, which is putting pressure on the existing infrastructure in the countries. Also, the fast rate of construction and use of lower quality building materials in infrastructure leads to faster repairs. The major countries covered in the region are China, Japan, India, Australia, and South Korea. India is projected to be the fastest-growing market for concrete repair mortars during the forecast period due to the heavy rate of construction in the country.
The key companies profiled in the concrete repair mortars market report are Sika AG (Switzerland), osroc International Ltd. (UK), MBCC (Germany), Mapei SpA (Italy),Saint-Gobain Weber SA (France), Pidilite Industries Ltd. (India), Flexcrete Technologies Ltd. (UK), Remmers Baustofftechnik GmbH (Germany), The Euclid Chemical Co. (UK), and Adhesive Technology Corp. (US).
About MarketsandMarkets
MarketsandMarkets has been recognized as one of Americas best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
