Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 89.67 Billion | USD 136.74 Billion | CAGR at 4.80% | 2023 |
According to the report published by Zion Market Research, the global Concrete Surface Retarders Market size was valued at USD 89.67 Billion in 2023 and is predicted to reach USD 136.74 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.80% during the forecast period. The report analyzes the global Concrete Surface Retarders Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Concrete Surface Retarders Market industry.
Global Concrete Surface Retarders Market: Overview
Concrete surface retarders are chemical formulations which impede the mortar at the concrete surface. The concrete surface retarders are safe and easy to use. Use of concrete surface retarders is more effective. They are used in applications such as precast panels, bond improvement for water-proofing materials, decorative sidewalks and walkways, and much more.
Global Concrete Surface Retarders Market: Growth Factors
The global concrete surface retarders market anticipates showing increased growth in the coming years. Increased demand from the commercial, industrial, and residential construction industry is the major factor supporting the market growth. Since the application of the concrete surface retarders gives better design options along with an excellent finish to the structures it is increasingly used in modern architecture.
The product has increased demand in applications such as slip-resistance surfaces, precast panels, and decorative sidewalks. Concrete surface retarders are considered as an effective solution to level the concrete surfaces. The concrete surface retarders have no VOC content thus it is an eco-friendly solution. Furthermore, they are increasingly used as green construction material. Organic surface retarders are expected to contribute more owing to its increased use in both vertical and horizontal concrete surfaces. Due to all these factors, the demand for the concrete retarders market is growing.
Global Concrete Surface Retarders Market: Segmentation
The market segmentation of concrete surface retarders is done based on raw material, application, and type.
On the basis of raw material, the concrete surface retarders market is categorized into inorganic and organic agents.
Based on the type, the market is classified into solvent based and water based.
In terms of application, the global concrete surface retarders market is fragmented into commercial and residential.
Report Attributes | Report Details |
---|---|
Report Name | Concrete Surface Retarders Market Research Report |
Market Size in 2023 | USD 89.67 Billion |
Market Forecast in 2032 | USD 136.74 Billion |
Growth Rate | CAGR of 4.80% |
Number of Pages | 196 |
Key Companies Covered | BASF, GCP Applied Technologies, W. R. Meadows, RussTech, Parchem Construction Supplies, Sika, MAPEI, CEMEX, The Euclid Chemical Company, and Fosroc, among others. |
Segments Covered | By Raw material, By Application, By Type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Concrete Surface Retarders Market: Regional Analysis
Majority of the market shares for the concrete surface retarders is anticipated to be obtained from the European region. Factors supporting this growth are the growing construction activities particularly in the residential sector, increasing inclination towards green construction projects, and the favorable policies and initiatives by the government. In Europe, water-based surface retarders observed an increased demand in the market. The growing demand for residential infrastructures along with increased investments by the public and the private sectors for construction activities have opened new growth opportunities for concrete surface retarders market.
The increasing trend of nuclear family housing constructions has increased construction activities in the North American region thus expecting a good market growth in the region. The construction industry has observed a very good growth in the Asia Pacific region in the past few years. China anticipates dominating the concrete surface retarders market owing to the increased residential and commercial constructions. Urbanization and the increased income are factors contributing to the market growth in Asia Pacific region.
Global Concrete Surface Retarders Market: Competitive Players
Some of the major players involved in the concrete surface retarders market include:
By Raw material
By Application
By Type
Global Concrete Surface Retarders Market: Regional Segment Analysis
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