impact of recession on your business
Concrete Restoration Market

Concrete Restoration Market size and segment By Material Type (Shotcrete, Quick setting cement mortar, Fiber concrete, Others (concrete bonding agents, grout, etc.)) by Application (Water and wastewater treatment, Dams & Reservoirs, Roads, Highways & Bridges, Marine, Buildings & Balconies, Others), by Regions and Global Forecast 2022-2028

Report Id: SNS/C&M/2455 | July 2022 | Region: Global | 129 Pages

Report Scope & Overview:

Concrete Restoration Market Size was valued at USD 15.9 billion in 2021, and is expected to reach USD 23.90 billion by 2028, and grow at a CAGR of 6.0% over the forecast period 2022-2028. The rapid expansion of concrete restoration can be ascribed to an increase in the number of construction repair projects around the world as a result of rising population, rapid urbanisation, and higher economic growth in some areas. As a result of the aforementioned factors, emerging economies such as China, the United Arab Emirates, and India are experiencing rapid expansion. This has been a critical driver in the expansion of the concrete repair market, particularly in regions such as North America and Europe, where concrete restoration products are widely used. By 2026, numerous new Chinese companies will have low-cost concrete restoration solutions, posing a significant threat to incumbent market participants.

Concrete Restoration Market Revenue Graph

Market Dynamics:
Drivers:

  • Increasing demand for the infrastructure.

  • Increasing population.

Restraints:

  • The European Union's regulation

  • Gives material control and testing guidelines

Opportunity:

  • Installed on large concrete foundations.

  • Expanding the use of renewable energy.

Challenge:

  • New construction technology is on the rise.

Impact of Covid-19:

The unusual coronavirus outbreak had resonated throughout the global economy, affecting global supply chains that transfer materials and components fast across borders and between fabrication locations. As a result, there have been delays or non-arrival of raw materials, messed up money transfers, and an increase in absenteeism among production line workers. The global economy and the performance of numerous industries have been impacted by these issues. The loss of many industries has a direct impact on the market for concrete rehabilitation.

Key Players:

Pidilite Industries, Sika, Fosroc, Mapei S.p.A, BASF SE, Saint-Gobain Weber S.A., Master Builders Solutions, Fyfe, The Euclid Chemical Company, RPM International, and other players.

Market Segmentation:

By Material Type

  • Shotcrete

  • Quick setting cement mortar

  • Fiber concrete

  • Others (concrete bonding agents, grout, etc.)

By Application

  • Water and wastewater treatment

  • Dams & Reservoirs

  • Roads, Highways & Bridges

  • Marine

  • Buildings & Balconies

  • Others (parking structures, industrial facilities, other miscellaneous)

Concrete Restoration Market Segment Pie Chart

Regional Analysis:

Between 2021 and 2031, Asia Pacific is expected to lead the global concrete restoration market. The. Due to an increase in public infrastructure building activities, emerging economies such as India and China will function as economic propellers. Because of the increase in restoration work of industrial structures, water structures, bridges, roads, and other structures in this region, North America is predicted to have a large revenue share.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Concrete Restoration Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 15.9 Billion
Market Size by 2028 US$ 23.90 Billion
CAGR CAGR of 6.0% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Material Type (Shotcrete, Quick setting cement mortar, Fiber concrete, Others (concrete bonding agents, grout, etc.))
• By Application (Water and wastewater treatment, Dams & Reservoirs, Roads, Highways & Bridges, Marine, Buildings & Balconies, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Pidilite Industries, Sika, Fosroc, Mapei S.p.A, BASF SE, Saint-Gobain Weber S.A., Master Builders Solutions, Fyfe, The Euclid Chemical Company, RPM International, and other players.
DRIVERS • Increasing demand for the infrastructure.
• Increasing population.
Restraints • The European Union's regulation
• Gives material control and testing guidelines


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: The unusual coronavirus outbreak had resonated throughout the global economy, affecting global supply chains that transfer materials and components fast across borders and between fabrication locations. As a result, there have been delays or non-arrival of raw materials, messed up money transfers, and an increase in absenteeism among production line workers. The global economy and the performance of numerous industries have been impacted by these issues. The loss of many industries has a direct impact on the market for concrete rehabilitation.

Ans: Increasing demand for the infrastructure and Increasing population are the drivers for antimicrobial plastics market.

 

Ans: Installed on large concrete foundations and Expanding the use of renewable energy  are the opportunity for Concrete Restoration Market.

Ans: Concrete Restoration Market Size was valued at USD 15.9 billion in 2021, and expected to reach USD 23.90 billion by 2028, and grow at a CAGR of 6.0 % over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Concrete Restoration Market Segment, By Material Type

8.1 Shotcrete

8.2 Quick setting cement mortar

8.3 Fiber concrete

8.4 Others

 

9. Concrete Restoration Market Segment, By Application

9.1 Water and wastewater treatment

9.2 Dams & Reservoirs

9.3 Roads, Highways & Bridges

9.4 Marine

9.5 Buildings & Balconies

9.6 Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company Profile

11.1 Pidilite Industries

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Sika, Fosroc

11.3 Mapei S.p.A

11.4 BASF SE

11.5 Saint-Gobain Weber S.A.

11.6 Master Builders Solutions

11.7 Fyfe

  11.8 The Euclid Chemical Company

11.9 RPM International,

 

12.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.