Market Overview:
The global concrete repair system market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for concrete repair systems from residential, commercial, and industrial buildings applications. In addition, the growing awareness about the benefits of using concrete repair systems is also contributing to the growth of this market. Based on type, coatings are expected to lead the global concrete repair system market during the forecast period. Coatings are used for repairing cracks and other damages on surfaces of concrete structures. They help in protecting these surfaces from weathering and corrosion effects.
Product Definition:
A concrete repair system is a collection of materials and methods used to restore concrete pavement to its original condition. The purpose of a concrete repair system is to fill in voids, correct surface irregularities, and add strength to the pavement.
Coatings:
Coatings are additives that are added to the concrete during its preparation stage. They help in increasing the strength and durability of a structure by providing an external protective layer. There are different types of coatings available depending upon their functions, properties, and applications. Some of the commonly used ones include epoxy, acrylics (polyacrylic acid), polyurethanes (PU), alkyd resins and silicones among others.
Sealers & Primers:
Sealers and primers are two important components of concrete repair system. Sealers function to prevent water from getting in while primers functions to fill the micro-cracks in the concrete surface. The market for sealer & primer is segmented on the basis of types and applications.
Application Insights:
The demand for the global concrete repair system is expected to witness a CAGR of XX% from 2018 to 2030 owing to the rising number of infrastructure projects and initiatives undertaken by various governments across the world. The residential segment accounted for more than 50% share in 2017 and is projected to expand at a steady CAGR over the forecast period.
The commercial segment was valued at USD 846.3 million in 2017 and is anticipated to witness significant growth over the coming years due largely on account of increasing investments from public-private partnerships as well as national governments within developing countries such as India, Brazil, South Africa etcetera. In addition, growing awareness regarding maintenance costs associated with aging infrastructure will further drive demand over next eight years particularly in developed economies such as North America & Europe where there are many older buildings constructed with reinforced Concrete (RC).
Regional Analysis:
Europe was the largest regional market in 2017 and is anticipated to witness moderate growth over the forecast period. The region comprises numerous coastal cities, which are prone to erosion owing to sea level rise. Rising need for protection from wind and water damage as a result of corrosion has led European countries like U.K., France, Germany, Spain, Italy etc.
Asia Pacific is expected to be one of the fastest growing regions with a CAGR exceeding 6% during the forecast period owing to rapid urbanization along with increasing construction activities mainly due to rising disposable income levels especially among middle class population groups in developing economies including China & India after 2009 recession caused slowdown in global economy particularly Western economies such as U.S.
Growth Factors:
- Increasing demand for concrete repair systems from the construction industry as a result of growing infrastructure development activities across the globe.
- Rising awareness about the benefits of using concrete repair systems among contractors, builders, and homeowners for repairing and restoring damaged concrete structures.
- Growing demand for precast and prestressed concrete products in developing countries due to increasing urbanization and industrialization.
- Technological advancements in the field of concrete repair systems that are helping contractors to achieve better results with less time and effort.
- Increasing use of ready-mix concretes (RMC) in construction projects as it helps reduce construction time by up to 50%.
Scope Of The Report
Report Attributes
Report Details
Report Title
Concrete Repair System Market Research Report
By Type
Coatings, Sealers & Primers, Bonding Agents & Waterproofing Compounds, Mortars, Others
By Application
Residential, Commercial, Industrial Buildings, Other
By Companies
Sika Group, Fosroc International Limited, BASF Corporation, KREISEL Technika Budowlana Sp. z o.o., MAPEI Corporation, ARDEX Americas, Chemco International Ltd., Saint-Gobain, Kryton International Inc, Rust-Oleum, Ceresit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Concrete Repair System Market Report Segments:
The global Concrete Repair System market is segmented on the basis of:
Types
Coatings, Sealers & Primers, Bonding Agents & Waterproofing Compounds, Mortars, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial Buildings, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sika Group
- Fosroc International Limited
- BASF Corporation
- KREISEL Technika Budowlana Sp. z o.o.
- MAPEI Corporation
- ARDEX Americas
- Chemco International Ltd.
- Saint-Gobain
- Kryton International Inc
- Rust-Oleum
- Ceresit
Highlights of The Concrete Repair System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coatings
- Sealers & Primers
- Bonding Agents & Waterproofing Compounds
- Mortars
- Others
- By Application:
- Residential
- Commercial
- Industrial Buildings
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Concrete Repair System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A concrete repair system is a specialized tool that can be used to fix small cracks and holes in concrete. The system typically includes a drill, saw, and chisel/hammer.
Some of the key players operating in the concrete repair system market are Sika Group, Fosroc International Limited, BASF Corporation, KREISEL Technika Budowlana Sp. z o.o., MAPEI Corporation, ARDEX Americas, Chemco International Ltd., Saint-Gobain, Kryton International Inc, Rust-Oleum, Ceresit.
The concrete repair system market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Concrete Repair System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Concrete Repair System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Concrete Repair System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Concrete Repair System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Concrete Repair System Market Size & Forecast, 2018-2028 4.5.1 Concrete Repair System Market Size and Y-o-Y Growth 4.5.2 Concrete Repair System Market Absolute $ Opportunity
Chapter 5 Global Concrete Repair System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Concrete Repair System Market Size Forecast by Type
5.2.1 Coatings
5.2.2 Sealers & Primers
5.2.3 Bonding Agents & Waterproofing Compounds
5.2.4 Mortars
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Concrete Repair System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Concrete Repair System Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial Buildings
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Concrete Repair System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Concrete Repair System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Concrete Repair System Analysis and Forecast
9.1 Introduction
9.2 North America Concrete Repair System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Concrete Repair System Market Size Forecast by Type
9.6.1 Coatings
9.6.2 Sealers & Primers
9.6.3 Bonding Agents & Waterproofing Compounds
9.6.4 Mortars
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Concrete Repair System Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial Buildings
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Concrete Repair System Analysis and Forecast
10.1 Introduction
10.2 Europe Concrete Repair System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Concrete Repair System Market Size Forecast by Type
10.6.1 Coatings
10.6.2 Sealers & Primers
10.6.3 Bonding Agents & Waterproofing Compounds
10.6.4 Mortars
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Concrete Repair System Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial Buildings
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Concrete Repair System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Concrete Repair System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Concrete Repair System Market Size Forecast by Type
11.6.1 Coatings
11.6.2 Sealers & Primers
11.6.3 Bonding Agents & Waterproofing Compounds
11.6.4 Mortars
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Concrete Repair System Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial Buildings
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Concrete Repair System Analysis and Forecast
12.1 Introduction
12.2 Latin America Concrete Repair System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Concrete Repair System Market Size Forecast by Type
12.6.1 Coatings
12.6.2 Sealers & Primers
12.6.3 Bonding Agents & Waterproofing Compounds
12.6.4 Mortars
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Concrete Repair System Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial Buildings
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Concrete Repair System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Concrete Repair System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Concrete Repair System Market Size Forecast by Type
13.6.1 Coatings
13.6.2 Sealers & Primers
13.6.3 Bonding Agents & Waterproofing Compounds
13.6.4 Mortars
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Concrete Repair System Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial Buildings
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Concrete Repair System Market: Competitive Dashboard
14.2 Global Concrete Repair System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika Group
14.3.2 Fosroc International Limited
14.3.3 BASF Corporation
14.3.4 KREISEL Technika Budowlana Sp. z o.o.
14.3.5 MAPEI Corporation
14.3.6 ARDEX Americas
14.3.7 Chemco International Ltd.
14.3.8 Saint-Gobain
14.3.9 Kryton International Inc
14.3.10 Rust-Oleum
14.3.11 Ceresit