PUBLISHER: Allied Market Research | PRODUCT CODE: 1266376
PUBLISHER: Allied Market Research | PRODUCT CODE: 1266376
The global concrete surface retarders market size was valued at $82.7 million in 2021, and is projected to reach $131.5 million by 2031, registering a CAGR of 4.7% from 2022 to 2031. Concrete surface retarders are a type of building material chemical used for retarding or delaying the setting pace of the top layer of a concrete surface. Therefore, it is also called a deactivator as it deactivates the setting of the top layer of a concrete surface. Furthermore, depending on type, a concrete surface retarder is either water-based or solvent-based. These are widely used during the construction of exposed aggregate concrete surfaces for aesthetical as well as functional purposes.
There is an increase in the number of commercial buildings such as office buildings, shopping malls, airports, hospitals, and others with the surge in population and urbanization across the world. Countries such as India, China, Indonesia, and others are among the top countries where commercial development is significantly visible. Moreover, residential buildings also make use of concrete surface retarders. However, concrete surface retarder reduces effective depth of the concrete slab, which is negatively affecting the market growth.
Furthermore, demand for sustainable methods of etching the concrete surface to achieve an exposed aggregate concrete surface is expected to provide lucrative opportunities for the concrete surface market growth.
The concrete surface retarders market is segmented on the basis of raw material, type, application, and region. By raw material, it is divided into organic agents, and inorganic agents. By type, it is classified into water-based concrete surface retarders and solvent-based concrete surface retarders. By application, it is categorized into residential and commercial. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key companies profiled in the concrete surface retarders market report include: Sika AG, BASF SE, MAPEI S.p.A., GCP Applied Technologies Inc., TK Products Construction Coatings, The Euclid Chemical Company, CEMEX S.A.B DE C.V., W. R. Meadows, Inc., RussTech, Inc., and Fosroc, Inc.