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Global Concrete Restoration Market Size, Share, Forecast: By Type: Skin Coating Mortars, Concrete Repair Products, Anchoring and Grouting, Masonry Structures Products, Admixtures for Mortar, Road Engineering Products/Epoxy Deck Overlays, Others; By Application; By End Use; Regional Analysis; Competitive Landscape; 2023-2028
Global Concrete Restoration Market Outlook
The global concrete restoration market size reached a value of approximately USD 14.9 billion in 2022. The market is further projected to grow at a CAGR of 6.30% between 2023 and 2028, reaching a value of USD 21.5 billion by 2028.
Key Trends in the Market
Concrete restoration is the method through which an old and damaged concrete is repaired, resulting in the restoration of its original appearance. Restoring concrete aids the structure in attaining back its former strength and stability.
- The rising investment in the development of public infrastructure such as schools, roads, hospitals, and bridges, among other facilities, owing to the rising population and the increasing need to improve existing infrastructure, is fuelling the demand for concrete restoration.
- The key manufacturers are focusing on developing sustainable and green solutions such as eco-friendly building materials with low carbon footprint for use in concrete restoration. This is expected to further enhance the concrete restoration market demand globally.
- Various developers and building owners are increasingly investing in concrete restoration as it helps in improving safety and reducing costs by increasing the lifespan of the structure. Additionally, by restoring and preserving the existing structures, the high costs of reconstruction and demolition can be avoided.
Market Analysis
Based on type, the market is divided into skin coating mortars, concrete repair products, anchoring and grouting, masonry structures products, admixtures for mortar, road engineering products/epoxy deck overlays, and FRP concrete strengthening, among others. On the basis of application, the market is categorised into buildings, bridges, tunnels, highways, and parking structures, among others. By end use, the market is classified into residential, commercial, and industrial. By region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global concrete restoration market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Sika AG
- MAPEI Corporation
- RPM International Inc.
- Fosroc, Inc.
- ARDEX GmbH
- TCC Materials
- The Euclid Chemical Company
- Saint-Gobain Group
- SCHOMBURG GmbH & Co. KG
- Others
Market Share by End Use
The commercial segment is anticipated to account for a significant share in the market owing to the rising investments and focus on the restoration of existing infrastructures including schools, offices, hotels, and hospitals, among other public buildings. The public buildings tend to undergo more wear and tear and thus require more attention and maintenance in order to protect and preserve their structural integrity.
Market Share by Region
The Asia Pacific is expected to account for a significant share of the market owing to the growing population in countries such as India and China. The rapid population growth is resulting in the increased need for maintenance and repair of infrastructure, which is leading to a rise in demand for concrete restoration activities in the region. Moreover, growing urbanisation, high industrial growth, and rapid modernisation in various countries of the Asia Pacific are also contributing towards the regional concrete restoration market growth.
Competitive Landscape
Sika AG was founded in 1910 and is headquartered in Baar, Switzerland. The chemical company is known for developing systems and products for building and motor vehicle industries. The products are utilised for bonding, damping, protecting, and sealing applications.
MAPEI Corporation is a construction company that was founded in 1983 and is headquartered in Florida, United States. The company is known for manufacturing mortars, grouts, waterproofing agents, and adhesives, among others.
RPM International Inc. was established in 1947 and has its headquarters located in Ohio, United States. The company produces and markets speciality coatings, building materials, and sealants, among others.
Other major players in the concrete restoration market include Fosroc, Inc., ARDEX GmbH, TCC Materials, The Euclid Chemical Company, Saint-Gobain Group, and SCHOMBURG GmbH & Co. KG, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
|
| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Global Concrete Restoration Market Analysis
7.1 Global Concrete Restoration Historical Market (2018-2022)
7.2 Global Concrete Restoration Market Forecast (2023-2028)
7.3 Global Concrete Restoration Market by Type
7.3.1 Skin Coating Mortars
7.3.1.1 Historical Trends (2018-2022
7.3.1.2 Forecast Trends (2023-2028)
7.3.2 Concrete Repair Products
7.3.2.1 Historical Trends (2018-2022
7.3.2.2 Forecast Trends (2023-2028)
7.3.3 Anchoring and Grouting
7.3.3.1 Historical Trends (2018-2022
7.3.3.2 Forecast Trends (2023-2028)
7.3.4 Masonry Structures Products
7.3.4.1 Historical Trends (2018-2022
7.3.4.2 Forecast Trends (2023-2028)
7.3.5 Admixtures for Mortar
7.3.5.1 Historical Trends (2018-2022
7.3.5.2 Forecast Trends (2023-2028)
7.3.6 Road Engineering Products/Epoxy Deck Overlays
7.3.6.1 Historical Trends (2018-2022
7.3.6.2 Forecast Trends (2023-2028)
7.3.7 FRP Concrete Strengthening
7.3.7.1 Historical Trends (2018-2022
7.3.7.2 Forecast Trends (2023-2028)
7.3.8 Others
7.4 Global Concrete Restoration Market by Application
7.4.1 Buildings
7.4.1.1 Historical Trends (2018-2022
7.4.1.2 Forecast Trends (2023-2028)
7.4.2 Bridges
7.4.2.1 Historical Trends (2018-2022
7.4.2.2 Forecast Trends (2023-2028)
7.4.3 Tunnels
7.4.3.1 Historical Trends (2018-2022
7.4.3.2 Forecast Trends (2023-2028)
7.4.4 Highways
7.4.4.1 Historical Trends (2018-2022
7.4.4.2 Forecast Trends (2023-2028)
7.4.5 Parking Structures
7.4.5.1 Historical Trends (2018-2022
7.4.5.2 Forecast Trends (2023-2028)
7.4.6 Others
7.5 Global Concrete Restoration Market by End Use
7.5.1 Residential
7.5.1.1 Historical Trends (2018-2022
7.5.1.2 Forecast Trends (2023-2028)
7.5.2 Commercial
7.5.2.1 Historical Trends (2018-2022
7.5.2.2 Forecast Trends (2023-2028)
7.5.3 Industrial
7.5.3.1 Historical Trends (2018-2022
7.5.3.2 Forecast Trends (2023-2028)
7.6 Global Concrete Restoration Market by Region
7.6.1 North America
7.6.1.1 Historical Trend (2018-2022)
7.6.1.2 Forecast Trend (2023-2028)
7.6.2 Europe
7.6.2.1 Historical Trend (2018-2022)
7.6.2.2 Forecast Trend (2023-2028)
7.6.3 Asia Pacific
7.6.3.1 Historical Trend (2018-2022)
7.6.3.2 Forecast Trend (2023-2028)
7.6.4 Latin America
7.6.4.1 Historical Trend (2018-2022)
7.6.4.2 Forecast Trend (2023-2028)
7.6.5 Middle East and Africa
7.6.5.1 Historical Trend (2018-2022)
7.6.5.2 Forecast Trend (2023-2028)
8 North America Concrete Restoration Market Analysis
8.1 United States of America
8.1.1 Historical Trend (2018-2022)
8.1.2 Forecast Trend (2023-2028)
8.2 Canada
8.2.1 Historical Trend (2018-2022)
8.2.2 Forecast Trend (2023-2028)
9 Europe Concrete Restoration Market Analysis
9.1 United Kingdom
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Germany
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 France
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 Italy
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.5 Others
10 Asia Pacific Concrete Restoration Market Analysis
10.1 China
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Japan
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 India
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 ASEAN
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Australia
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.6 Others
11 Latin America Concrete Restoration Market Analysis
11.1 Brazil
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Argentina
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Mexico
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 Others
12 Middle East and Africa Concrete Restoration Market Analysis
12.1 Saudi Arabia
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 United Arab Emirates
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Nigeria
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 South Africa
12.4.1 Historical Trend (2018-2022)
12.4.2 Forecast Trend (2023-2028)
12.5 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Sika AG
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 MAPEI Corporation
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 RPM International Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Fosroc, Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 ARDEX GmbH
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 TCC Materials
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 The Euclid Chemical Company
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Saint-Gobain Group
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 SCHOMBURG GmbH & Co. KG
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Concrete Restoration Market: Key Industry Highlights, 2018 and 2028
2. Global Concrete Restoration Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Concrete Restoration Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Concrete Restoration Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Concrete Restoration Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Concrete Restoration Historical Market: Breakup by End Use (USD Billion), 2018-2022
7. Global Concrete Restoration Market Forecast: Breakup by End Use (USD Billion), 2023-2028
8. North America Concrete Restoration Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Concrete Restoration Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Concrete Restoration Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Concrete Restoration Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Concrete Restoration Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Concrete Restoration Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Concrete Restoration Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Concrete Restoration Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Concrete Restoration Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Concrete Restoration Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Concrete Restoration Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 14.9 billion in 2022.
The market is projected to grow at a CAGR of 6.30% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 21.5 billion by 2028.
The major drivers of the market include growing population, rapid modernisation, and implementation of various government regulations to maintain and repair historical infrastructures.
The key trends of the market are growing awareness about the various advantages associated with concrete restoration and increasing investments in infrastructure restoration.
The various types available in the market include skin coating mortars, concrete repair products, anchoring and grouting, masonry structures products, admixtures for mortar, road engineering products/epoxy deck overlays, and FRP concrete strengthening, among others.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the concrete restoration market are Sika AG, MAPEI Corporation, RPM International Inc., Fosroc, Inc., ARDEX GmbH, TCC Materials, The Euclid Chemical Company, Saint-Gobain Group, and SCHOMBURG GmbH & Co. KG, among others.
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