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Global Concrete Surface Retarders Market Size By Raw Material (Organic Agents, Inorganic Agents), By Type (Water Based, Solvent Based), By Application (Residential, Commercial), By Geographic Scope And Forecast
” in its research database. Get a Free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology, and Graphs –
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Concrete Surface Retarders Market Size And Forecast
Concrete Surface Retarders Market size was valued at USD 70.57 Million in 2022 and is projected to reach USD 122.1 Million by 2030, growing at a CAGR of 6.27% from 2023 to 2030.
The rising request from the private and non-residential development divisions around the world driving framework improvement and industrialization has been expected to fuel the development of the Concrete Surface Retarders Showcase. Innovative progressions are the pivotal viewpoint of the rise in showcase income. This will cultivate showcase development. The Worldwide Concrete Surface Retarders Showcase report gives an all-encompassing assessment of the showcase. The report offers a comprehensive investigation of key fragments, patterns, drivers, limitations, competitive scenes, and variables that are playing a significant part in the showcase.
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Global Concrete Surface Retarders Market Definition
Concrete surface retarders can be defined as a deactivator that is applied to fresh concrete to chemically delay the set of the surface mortar. Concrete Surface Retarders are a product that is primarily applied to fresh concrete in order to delay the setting process chemically, without affecting the setting rate of the underlying cement. These products are easy to apply and effectively work in a very limited time.
The application of concrete surface retarders enables better design and superior finish to complex structures. These are used for bonding of waterproofing materials. Growing demand for modern architecture is likely to further fuel the growth over the forecast period.
Global Concrete Surface Retarders Market Overview
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. The Concrete Surface Retarders Market is growing at a fast rate due to the growing acceptance of sustainable and green building construction concepts. The market has speed-up due to the idea of the development of smart cities. The smart city comprises buildings with design, construction, and operation practices that use sustainable materials in construction, for an excellent surface finish and an improved aesthetic appeal in turn propelling Concrete Surface Retarders Market.
Moreover, increasing demand from the residential and non-residential construction sectors leading to infrastructure development is anticipated to propel the market growth. The rising demand for modern architecture with complex structures boosting the market for the forecast period. There are certain restraints and challenges faced which will hamper the Market growth. The factors such as varying governmental regulations restrict the market and its revenue. The varying governmental regulations and the presence of cheap alternatives are the potential restraints hampering the overall growth of the Market.
Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Concrete Surface Retarders Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market. This can be of great use in gaining knowledge about cutting-edge technologies in the market.
Global Concrete Surface Retarders Market Segmentation Analysis
The Global Concrete Surface Retarders Market is segmented on the basis of Raw Material, Type, Application, And Geography
Concrete Surface Retarders Market, By Raw Material
- Organic Agents
- Inorganic Agents
Based on Raw Material, The market is bifurcated into Organic Agents and Inorganic Agents. The organic segment held the largest market share. Low cost and numerous applications in slip-resistance surface, precast concrete, and architectural concrete.
Concrete Surface Retarders Market, By Type
- Water Based
- Solvent Based
Based on Type, The market is bifurcated into Water Based and Solvent Based. The Water Based type is predicted to hold the most significant CAGR in the forecast period due to the properties of water-based retarders such as eco-friendly, non-hazardous, and odorless.
Concrete Surface Retarders Market, By Application
- Residential
- Commercial
Based on Application, the market is bifurcated into Residential and Commercial. The commercial segment is anticipated to have the highest CAGR in the forecast period owing to increasing demand for concrete surface retarders in sidewalks, bridge decks, curbs, and concrete segment joints. Moreover, the rise in private and public investments boosted the commercial segment.
Concrete Surface Retarders Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, the Global Concrete Surface Retarders Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America. Increasing demand for green buildings with high quality, efficiency of time & cost and government regulations boosting the demand in this region.
Key Players
The “Global Concrete Surface Retarders Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Sika AG, BASF SA, Mapei AS, CEMEX S.A.B. de C.V, Parchem Construction Supplies, Russtech, The Euclid Chemical Company, GCP Applied Technologies.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- June 2018: Sika opened a production plant in Saudi Arabia for concrete admixtures to strengthen its foothold in the Middle East region. This expansion is helping the company to increase its production capacity as well as optimize logistics by reducing the transportation costs incurred in serving the adjacent markets around the Persian Gulf.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period |
2019-2030 |
| Base Year |
2022 |
| Forecast Period |
2023-2030 |
| Historical Period |
2019-2021 |
| Unit |
Value (USD Million) |
| Key Companies Profiled |
Sika AG, BASF SA, Mapei AS, and CEMEX S.A.B. de C.V, Parchem Construction Supplies, Russtech, The Euclid Chemical Company, GCP Applied Technologies |
| Segments Covered |
By Raw Material, By Type, By Application, And By Geography. |
| Customization scope |
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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