The Global Concrete Repair Mortars Market is estimated to reach USD 2.62 billion by 2021 at a CAGR of 7.67%. The concrete structure of building & infrastructure deteriorates over time with fluctuating climate and other environmental hazards.
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Concrete repair mortars are generally used to repair maintain, bring back the architectural shape of the old structure, and to resume all the functional work quickly in the old and deteriorated building & infrastructure.
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Premium Insights and Key Insights
- Attractive Opportunity in the Concrete Repair Mortar Market
- Concrete Repair Mortar Market Growth, By End-Use Industries
- Concrete Repair Mortar Market in Asia-Pacific
- Concrete Repair Mortar Market Attractiveness
- Concrete Repair Mortar Market Share, By End-Use Industry and Region, 2021
- Concrete Repair Mortar Market: Developed vs Developing Nations
- Lifecycle Analysis, By Region
The road & infrastructure is the fastest growing end-use industry of the global concrete repair mortars market. The growth of this segment is attributed to the increasing spending on repair and maintenance of transport infrastructure across the world.
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Asia-Pacific accounted the largest markets hare, and is estimated to remain market leader during forecast period. High growth of construction industry in China, India, & Australia resulted in an increased demand for concrete repair mortars in both residential & non-residential building applications.
This growth is further supported by increasing spending on repair & maintenance of transport infrastructure in developed countries, like Japan & Australia.
Macro-Economic Overview and Key Drivers
- Trends and Forecast of GDP
- Trends and Forecast of Construction Industry
- K and Germany to Spend Largest Amount for Construction Growth, in Europe
- China and India to Spend Largest Amount for Construction Growth in Asia-Pacific
- Turkey and Saudi Arabia to Spend Largest Amount for Construction Growth in Middle East & Africa
- Brazil Spend Largest Amount for Construction Growth in South America
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (20%); Tier 2 (32%) and other (48%) companies were contacted for interviews.
The interviews were conducted with various key people such as C Level (18%), Directors Level (27%) and other (55%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (35%), Europe (30%), Asia-Pacific (20%), the Middle East & Africa (10%), and South America (5%).
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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
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