Concrete Repair Mortars Market to Witness a Phenomenal Growth by Reaching Over USD 6.47 Billion by 2032

Major companies in the Concrete Repair Mortars Market are Sika AG, Pidilite Industries Ltd., BASF SE, Mapei S.p.A., Fosroc Inc., Remmers Gruppe AG, RPM International Inc., Flexcrete Technologies Ltd., Adhesives Technology Corporation and Master Builders Solutions among others. These players are set to bolster the development of the global Concrete Repair Mortars Market.

According to analysts at Zion Market Research, global Concrete Repair Mortars Market, estimating its value at USD 3.07 Billion in 2023, with projections indicating that it will reach USD 6.47 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 8.64% over the forecast period 2024-2032

This review is based on a report by Zion Market Research, titled “Concrete Repair Mortars Market By Type (Polymer Modified Cementitious (PMC) Mortars and Epoxy Based Mortars), By Application Method (Hand/Troweling, Pouring and Spraying), By Grade (Structural and Non-Structural), By End-use Industry (Buildings and Carparks, Road Infrastructure, Utility and Marine), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032.”

Old Infrastructure’s Re-establishment and Restoration to Propel Growth

The increasing demand for the reestablishment of old infrastructures and alternative material for cement is the main factor that fuels the growth of the Concrete Repair Mortars. The old infrastructures reparation and restoration of the old deteriorated buildings also drives the global market growth. The lifetime durability and dimensional compatibility with the existing concrete are the problems restraining the global market. Therefore, concrete repair geopolymer mortar has been developed to overcome this problem.

The eco-friendly nature, high tensile strength, low cost and durability boost the global concrete repair mortar market. The increased spending on the repairing and the high public and private partnership in the transport infrastructure has fuelled the global market. The increasing job opportunities along with low-cost labour are expected to fuel the growth of the global market.

Browse the full “Concrete Repair Mortars Market By Type (Polymer Modified Cementitious (PMC) Mortars and Epoxy Based Mortars), By Application Method (Hand/Troweling, Pouring and Spraying), By Grade (Structural and Non-Structural), By End-use Industry (Buildings and Carparks, Road Infrastructure, Utility and Marine), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/concrete-repair-mortars-market

Enormous Demand from the Construction Industry to Assist Asia Pacific Growth

Asia Pacific has been dominating the global Concrete Repair Mortars market. This dominance can be attributed to the increasing demand for the construction industry in China and India.

Subsequently, the rising expenditure on repairing and maintenance drives the global market in Australia, US, Germany, and Japan.

The Global Concrete Repair Mortars Market is segmented as follows:

By Type

• Polymer Modified Cementitious (PMC) Mortars
• Epoxy Based Mortars

By Application Method

• Hand/Troweling
• Pouring
• Spraying

By Grade

• Structural
• Non-Structural

By End-use Industry

• Buildings and Carparks
• Road Infrastructure
• Utility
• Marine

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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