Concrete Repair Mortar Market Report: Trends, Forecast and Competitive Analysis to 2030

Concrete Repair Mortar Trends and Forecast

The future of the global concrete repair mortar market looks promising with opportunities in the buildings & car parks, road infrastructure, utility, and marine markets. The global concrete repair mortar market is expected to reach an estimated $5.2 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are declining state of current residential infrastructure, heightened pressure on the strained infrastructure due to rising population, and rising demand for infrastructure repair.

A more than 150-page report is developed to help in your business decisions.

Concrete Repair Mortar by Segment

The study includes a forecast for the global concrete repair mortar by type, application method, end use industry, and region.

Concrete Repair Mortar Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• PMC
• Epoxy Method

Concrete Repair Mortar Market by Application Method [Shipment Analysis by Value from 2018 to 2030]:

• Hand/Trawling
• Spraying
• Pouring

Concrete Repair Mortar Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Buildings & Car Parks
• Road Infrastructure
• Utility
• Marine

Concrete Repair Mortar Market by Grade [Shipment Analysis by Value from 2018 to 2030]:

• Structural

Concrete Repair Mortar Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Concrete Repair Mortar Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies concrete repair mortar companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the concrete repair mortar companies profiled in this report include-

• Fosroc International
• Ardex
• Saint-Gobain Weber
• Baumit
• Sika
• Normet
• Bostik

Concrete Repair Mortar Market Insights

Lucintel forecasts that PMC is expected to witness highest growth over the forecast period due to lower cost, easy to use, and also used for both structural and non-structural repairs.

Within this market, road infrastructure will remain the largest segment due to high need for periodic maintenance of road infrastructure to prevent mishaps or accidents..

APAC is expected to witness highest growth over the forecast period due to high growth of population, high construction growth, and ageing infrastructure.

Features of the Global Concrete Repair Mortar Market

Market Size Estimates: Concrete repair mortar market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Concrete repair mortar market size by type, application method, end use industry, and region in terms of value ($B).

Regional Analysis: Concrete repair mortar market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application method, end use industry, and regions for the concrete repair mortar market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the concrete repair mortar market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the concrete repair mortar market size?

Answer: The global concrete repair mortar market is expected to reach an estimated $5.2 billion by 2030.

Q2. What is the growth forecast for concrete repair mortar market?

Answer: The global concrete repair mortar market is expected to grow with a CAGR of 6.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the concrete repair mortar market?

Answer: The major drivers for this market are declining state of current residential infrastructure, heightened pressure on the strained infrastructure due to rising population and rising demand for infrastructure repair.

Q4. What are the major segments for concrete repair mortar market?

Answer: The future of the concrete repair mortar market looks promising with opportunities in the buildings & car parks, road infrastructure, utility, and marine markets.

Q5. Who are the key concrete repair mortar market companies?

Answer: Some of the key concrete repair mortar companies are as follows:

• Fosroc International
• Ardex
• Saint-Gobain Weber
• Baumit
• Sika
• Normet
• Bostik

Q6. Which concrete repair mortar market segment will be the largest in future?

Answer: Lucintel forecasts that pmc is expected to witness highest growth over the forecast period due to lower cost, easy to use, and also used for both structural and non-structural repairs.

Q7. In concrete repair mortar market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to high growth of population, high construction growth, and ageing infrastructure.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the concrete repair mortar market by type (pmc and epoxy method), application method (hand/trawling, spraying, and pouring), end use industry (buildings & car parks, road infrastructure, utility, and marine), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?