Global Concrete Repair Mortars Market, By Type (Cementitious Concrete Repair Mortars, Epoxy Concrete Repair Mortars, Epoxy Resin-Based Concrete), Grade (Structural, Non-Structural), Application Method (Hand Applied Concrete Repair Mortars, Machine Applied / Sprayed Concrete Repair Mortars, Poured / Flow Applied Concrete Repairs (Re-Casting Concrete Repairs), Levelling / Fairing Mortars for Concrete Repairs, Protective surface Coatings for Concrete), Industry (Residential, Commercial, Industrial, Infrastructure) – Industry Trends and Forecast to 2031.
Concrete Repair Mortars Market Analysis and Size
Concrete repair mortars are a type of material that is used for the repair of spalling caused by reinforcement corrosion in concrete structures. The concrete material has several properties, due to which products are more used for natural structural defects, which are caused by buildings settling and adjusting during temperature and damage caused by unexpected water ingress. Concrete repair mortars of different types are used according to the application.
Data Bridge Market Research analyzes that the global concrete repair mortars market which was USD 2,037,831.75 thousand in 2023, is expected to reach USD 2,905,459.73 thousand by 2031, growing at a CAGR of 4.0% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Thousands, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Cementitious Concrete Repair Mortars, Epoxy Concrete Repair Mortars, Epoxy Resin-Based Concrete), Grade (Structural, Non-Structural), Application Method (Hand Applied Concrete Repair Mortars, Machine Applied / Sprayed Concrete Repair Mortars, Poured / Flow Applied Concrete Repairs (Re-Casting Concrete Repairs), Levelling / Fairing Mortars for Concrete Repairs, Protective surface Coatings for Concrete), Industry (Residential, Commercial, Industrial, Infrastructure)
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Countries Covered
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U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Hong-Kong, Taiwan, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East and Africa
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Market Players Covered
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Adhesives Technology Corporation (ATC) (U.S.), W. R. Meadows, Inc. (U.S.), ARDEX AMERICAS (U.S.), Garon Products Inc. (U.S.), MC-Bauchemie (Germany), The Euclid Chemical Company (a subsidiary of RPM International Inc.) (U.S.), Remmers (UK) Limited (U.K.), Aquafin (Belgium), Chembond Chemicals Limited (India), TCC Materials (U.S.), Ronacrete Ltd (U.K.), Pidilite Industries Ltd. (India), Master Builders Inc. (a brand of MBCC Group) (U.S.), Fosroc, Inc. (Canada), Sika AG (Switzerland), Flexcrete Technologies Ltd (As a Subsidiary of Akzo Nobel N.V.) (U.K.), Dayton Superior Corporation (U.S.), MAPEI S.p.A. (Italy), Saint-Gobain Weber (As a Subsidiary of Saint-Gobain) (France), Normet (Finland)
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Market Opportunities
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Market Definition
Concrete repair mortars are specialized materials used to repair and restore damaged or deteriorating concrete structures. These materials are designed to restore the structural integrity, durability, and aesthetic appearance of concrete surfaces, extending the lifespan of the structures. Concrete repair mortars are commonly used in various applications, including bridges, highways, buildings, parking structures, industrial facilities, and more.
Global Concrete Repair Mortars Market Dynamics
Drivers
- Increasing environmental regulations and sustainability goals
Increasing environmental regulations and sustainability goals are pushing the industry to develop eco-friendly and low-impact repair mortars. This aligns with the broader focus on sustainable construction practices. As this is fulfilled by concrete repair mortars, it can lead to market growth.
- Government Investments
Government initiatives and investments in infrastructure and construction projects stimulate demand for concrete repair mortars. This is especially true during economic recovery and stimulus programs. This is a major driver for the market.
Opportunity
- Infrastructure Rehabilitation
Aging infrastructure in many developed countries creates a significant need for repair and maintenance. Repair mortars are used to extend the life of bridges, highways, tunnels, and other critical infrastructure. This can create opportunities in the market.
- Urbanization and Population Growth
The growth of urban areas increases the demand for repair and maintenance of existing structures. Repair mortars are essential in preserving and enhancing the life of urban structures, which propels the market growth.
Restraints
- Limited Awareness
In some regions, there may be limited awareness and understanding of the benefits of using concrete repair mortars, leading to underutilization of these materials. This can be a challenge for the market.
This concrete repair mortars market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the concrete repair mortars market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In May 2020, Normet launched a new product for industrial construction. The products are TamSeal TG91, and TamSeal TG92 have been formulated using plant-oil-based technology. This development helps the company to increase revenue and product portfolio
- In September 2020, MAPEI S.p.A. launched a new product name MAPEI’s Osmotic cementitious mortar with exceptional and varied applications as the product has comprehensive waterproofing capabilities. This development helps the company to increase revenue
Global Concrete Repair Mortars Market Scope
The concrete repair mortars market is segmented on the basis of type, grade, application method, and industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Cementitious Concrete Repair Mortars
- Epoxy Concrete Repair Mortars
- Epoxy Resin-Based Concrete
Grade
- Structural
- Non-Structural
Application Method
- Hand Applied Concrete Repair Mortars
- Machine-Applied / Sprayed Concrete Repair Mortars
- Poured / Flow Applied Concrete Repairs (Re-Casting Concrete Repairs)
- Levelling / Fairing Mortars for Concrete Repairs
- Protective Surface Coatings for Concrete
Industry
- Residential
- Commercial
- Industrial
- Infrastructure
Global Concrete Repair Mortars Market Regional Analysis/Insights
The concrete repair mortars market is analyzed, and market size information is provided by country, basis of type, grade, application method, and industry as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., Israel, Egypt, South Africa, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
Asia-Pacific is expected to dominate the market due to the increasing production and consumption of concrete repair mortars in the region. The Asia-Pacific region is expected to grow with the highest growth rate due to increasing renovation in region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Concrete Repair Mortars Market Share Analysis
The concrete repair mortars market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to concrete repair mortars market.
Some of the major players operating in the concrete repair mortars market are:
- Adhesives Technology Corporation (ATC) (U.S.)
- W. R. Meadows, Inc. (U.S.)
- ARDEX AMERICAS (U.S.)
- Garon Products Inc. (U.S.)
- MC-Bauchemie (Germany)
- The Euclid Chemical Company (a subsidiary of RPM International Inc.) (U.S.)
- Remmers (UK) Limited (U.K.)
- Aquafin (Belgium)
- Chembond Chemicals Limited (India)
- TCC Materials (U.S.)
- Ronacrete Ltd (U.K.)
- Pidilite Industries Ltd. (India)
- Master Builders Inc. (a brand of MBCC Group) (U.S.)
- Fosroc, Inc. (Canada)
- Sika AG (Switzerland)
- Flexcrete Technologies Ltd (As a Subsidiary of Akzo Nobel N.V.) (U.K.)
- Dayton Superior Corporation (U.S.)
- MAPEI S.p.A. (Italy)
- Saint-Gobain Weber (As a Subsidiary of Saint-Gobain) (France)
- Normet (Finland)
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