Global Concrete Repair Mortar Market Key Insights:
The global cement market attained a volume of about 4.3 billion metric tons in 2018. The concrete repair mortar market has been driven by the growing construction repair and transport infrastructure sectors globally. With the construction industry growing at a CAGR of about 4%, the market for mortars is expected to experience moderate growth globally.
Asia Pacific is emerging as the largest market of concrete repair mortar and is expected to continue to dominate the market in the coming years. The growth of the market in the region is due to the fast-growing building and construction sectors especially in countries like China and India aided by the rapidly growing urbanization in these economies. Concrete repair mortar market has also been seeing steady growth in the US, Germany and Australia due to the increased demand from road and infrastructure maintenance sector.
Properties and Applications
Concrete repair mortar is used to protect and mend concrete structures from the multiple causes of deterioration of the structures. They fortify and reinforce the buildings against corrosion and cracking while also providing protection against chemical attacks. It also maintains the balance of moisture content in the concrete. Concrete repair mortar is broadly divided into two categories:
Due to cementitious mortar’s properties like its high tensile strength, adhesion and ease of use, it is the more popular concrete repair mortar of the two. It is also being increasingly preferred over epoxy-based cement mortar because it is eco-friendly as well as cost-efficient.
Concrete repair mortar is also categorized according to the method of their application:
The manual method for the application of concrete repair mortar is the most popular method used in the market and is expected to continue being so in the future. This is due to its convenience, ease of availability and cost efficiency.
Concrete repair mortar finds extensive end-use applications in sectors like road and infrastructure, building, marine structures and utility industries. It helps to renovate and restore old structures which suffer from wear and tear over time due to various environmental factors. Concrete repair mortar helps restore the architectural structure and integrity of old constructions.
The global concrete repair will be aided by a rising preference for maintaining and repairing existing buildings over building new infrastructure and growing demand in the cement manufacturing industry for alternate cementation materials. Thus, building and car park sector dominates the demand for end-use applications of concrete repair mortars. With the increased focus on the upkeep and repair of transport infrastructure, road and infrastructure are the fastest emerging end-use application sector.
The rapidly growing demand for polymer-modified concrete (PMC) mortar is one of the major driving factors for the concrete repair mortar market. PMC is particularly used as a construction material due to its durability, bond and tensile strength, and permeability. It also fortifies the building by adding strength to the structures. It is widely used for patching, resurfacing and flooring, and is also used as overlays on both new and old bridges and roads.
Asia Pacific dominates the concrete repair mortar market due to the growth of the construction industry in India and China which have been focusing on repairing and maintaining the already existing infrastructure. Australia and Japan are the other leading markets in the region with a rising demand for concrete repair mortar.
Sika bought a majority stake in a leading roofing and waterproof systems manufacturing company, Index Construction System and Products, in January 2018.
The report offers a detailed analysis of the following key players, covering their capacities, market share and latest turn of events such as mergers and acquisitions, capacity expansions and plant turnarounds in the global concrete repair mortar market:
EMR’s comprehensive market report gives an in-depth insight into the market and provides a SWOT analysis of the market as well as an analysis of Porter’s five forces.
2 Research Methodology
3 Executive Summary
3.1 Market Overview
3.2 Key Demand Drivers
3.3 Top Global Suppliers
3.4 Supply Market Changes
4 Global Concrete Repair Mortar Market Outlook
5 Global Concrete Repair Mortar Market
5.1 Global Concrete Repair Mortar Market Analysis
5.1.1 Chart: Global: Breakup by Type
188.8.131.52 Cementitious Repair Mortars
184.108.40.206 Epoxy-Based Mortars
5.1.2 Chart: Global: Breakup by Type: Historical Market (2014-2018) & Forecast (2019-2024)
220.127.116.11 Cementitious Repair Mortars
18.104.22.168 Epoxy-Based Mortars
5.1.3 Table: Installation Cost by Concrete Repair Mortar Type
22.214.171.124 Cementitious Repair Mortars
126.96.36.199 Epoxy-Based Mortars
5.1.4 Chart: Global: Breakup by Application Method
188.8.131.52 Wet/Spray Applied
184.108.40.206 Hand/Trowel Applied
220.127.116.11 Form & Pour Applied
5.1.5 Chart: Global: Breakup by End-Use
18.104.22.168 Commercial & Institutional Buildings
22.214.171.124 Industrial Facilities
126.96.36.199 Stadiums & Parking Structures
188.8.131.52 Roads, Bridges & Tunnels
184.108.40.206 Wastewater & Water Treatment Facilities
5.1.6 Chart: Global: Breakup by End-Use: Historical Market (2014-2018) & Forecast (2019-2024)
220.127.116.11 Commercial & Institutional Buildings
18.104.22.168 Industrial Facilities
22.214.171.124 Stadiums & Parking Structures
126.96.36.199 Roads, Bridges & Tunnels
188.8.131.52 Wastewater & Water Treatment Facilities
5.1.7 Figure: Global: Breakup by Region
184.108.40.206 North America
220.127.116.11 Asia Pacific
18.104.22.168 Middle East and Africa
5.1.8 Chart: Regional Concrete Repair Mortar Historical Market (2014-2018) & Forecast (2019-2024)
22.214.171.124 North America
126.96.36.199 Asia Pacific
188.8.131.52 Middle East and Africa
5.2 SWOT Analysis
5.3 Porter’s Five Forces Analysis
5.3.2 Buyer’s Power
5.3.3 Supplier’s Power
5.3.4 New Entrants
5.3.5 Degree of Rivalry
5.4 Global Concrete Repair Mortar (HS Code-3907, 2523) Trade Analysis (2018)
5.4.1 Major Exporting Countries by Value & Volume
5.4.2 Major Importing Countries by Value & Volume
5.5 Regional Concrete Repair Mortar Price Analysis
5.5.1 North America
184.108.40.206 Epoxy Resins Historical Price Trends (2014-2018) & Forecast (2019-2024)
220.127.116.11 Portland Cement Historical Price Trends (2014-2018) & Forecast (2019-2024)
18.104.22.168 Epoxy Resins Historical Price Trends (2014-2018) & Forecast (2019-2024)
22.214.171.124 Portland Cement Historical Price Trends (2014-2018) & Forecast (2019-2024)
5.5.3 Asia Pacific
126.96.36.199 Epoxy Resins Historical Price Trends (2014-2018) & Forecast (2019-2024)
188.8.131.52 Portland Cement Historical Price Trends (2014-2018) & Forecast (2019-2024)
184.108.40.206 Epoxy Resins Historical Price Trends (2014-2018) & Forecast (2019-2024)
220.127.116.11 Portland Cement Historical Price Trends (2014-2018) & Forecast (2019-2024)
5.5.5 Middle East and Africa
18.104.22.168 Epoxy Resins Historical Price Trends (2014-2018) & Forecast (2019-2024)
22.214.171.124 Portland Cement Historical Price Trends (2014-2018) & Forecast (2019-2024)
6 Competitive Landscape & Supplier Analysis
6.1 Sika AG
6.2 Fosroc International Limited
6.3 Saint-Gobain Corporation
6.4 BASF SE
6.5 Mapei S.P.A.
6.6 Pidilite Industries Limited
6.7 Flexcrete Technologies Ltd
6.8 The Euclid Chemical Company
7 Consumer Analysis
8 Events and Developments
9 Additional Customisations Available:
9.1 Manufacturing Process
9.1.1 Detailed Process Flow
9.1.2 Operations Involved
9.1.3 Mass Balance
9.2 Cost Analysis
9.2.1 Land, Location and Site Development
9.2.3 Plant Machinery
9.2.4 Cost of Raw Material
9.2.9 Other Capital Investment
9.3 Value Chain Analysis
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