Concrete Surface Retarders Market is Dominated by Commercial Segment Until 2028
Increasing demand for
slip-resistant surfaces and rising global construction activities are likely to
propel the market for concrete surface retarders market across the globe,
during 2024-2028F.
According to TechSci Research
report, “Concrete Surface RetardersMarket – Global Industry Size, Share,
Trends, Opportunity, and Forecast, 2018-2028F”. the global concrete surface
retarders market is expected to rise in the upcoming years due to rising demand
for modern architecture, growing adoption of green buildings, rapid
infrastructure investment & industrialization, rising urban population, and
surge in construction activities among others.
Concrete surface retarders are
mostly used to slow down the chemical setting of freshly put concrete without
slowing down the cement's underlying setting process. These items are simple to
use and provide quick effects. The design and completion of challenging
projects are improved by the use of concrete surface retarders. It is used
to make exposed aggregate surfaces and strengthen the bonds between
waterproofing components. Over the upcoming years, growth is anticipated
to be supported by the rising demand for contemporary architecture. The
materials known as concrete surface retarders are used to delay the setting of newly
poured concrete's top surface. These retarders' benefits for the concrete
surface including their ability to prevent slipping, structural soundness, and
aesthetic appeal. All horizontal and vertical surfaces of concrete, such as
segment joints, floors, patios, and precast concrete components, require the
use of concrete surface retarders.
Additionally, emerging markets
are seeing an increase in the building industry. For instance, the "Make
in India" campaign was started by the Indian government to encourage new
development projects in the nation. A significant increase of the construction
industry in both developed and developing countries might lead to a positive
future for the market for concrete surface retarders. The market is expanding
because of the increasing use of concrete surface retarders in a variety of
applications, including bridge decks, sidewalks, curbs, ramps, facade cladding,
and concrete segment joints. Additionally, various countries such as India and
China has invested in the infrastructure sector to enhance the lifestyle of the
population, providing better facility in term of hospitality & highly
advanced hospital, and helps to boost the tourism sector among others across
the world
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Concrete Surface Retarders Market"
Global concrete surface
retarders market is segmented based on raw material, type, and end user. Based
on the raw material, the market is segmented into organic and inorganic agents.
Based on type, the market is segmented into water-based and solvent-based.
Based on end user, the market is segmented into residential, commercial,
infrastructure, and others. The market analysis studies the regional
segmentation among North America, Europe, Asia-Pacific, South America, and
Middle East & Africa.
Based on raw materials, the
organic segment is expected to have the largest market share in the upcoming
years owing to its minimal cost and various applications in slip-resistance
surface, precast concrete, and architectural concrete.
Based on type, the market is
segmented into water-based and solvent-based. The Water based type is predicted
to hold the most significant CAGR in the forecast period owing to the
properties of water-based retarders like odorless, non-hazardous, and
eco-friendly.
Based on end user, the market is
segmented into residential, commercial, infrastructure, and others. The
commercial segment is anticipated to have the highest market share in the
upcoming years 2024-2028F because of an increase in the demand for concrete surface
retarders for sidewalks, bridge decks, curbs and concrete segment joints.
Furthermore, the expansion of both private and public investment boosted the
commercial sector.
Key market players in the global
concrete surface retarders market include:
- BASF SE
- MAPEI S.p.A
- TK Products Construction Coatings
- CEMEX S.A.B. de C.V.
- R. Meadows, Inc.
- Fosroc Inc.
- Sika AG
- GCP Applied Technologies Inc
- The Euclid Chemical Company
- RussTech Inc.
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“Global concrete surface
retarders market is expected to boost in the upcoming years owing to the
growing demand for green buildings, rapid infrastructure investment and
industrialization, rising urban population, and surge in construction
activities. The possible advantage of concrete surface retarders is easier
application, efficient operation, eco-friendliness, and non-hazardous
properties. Concrete surface retarders are heavily used in road
construction because they work effectively while producing roads, are
affordable, and provide a good finish for uneven surfaces. The technical
advancements in the construction sector in nations including Italy, Germany,
the UK, and France are accelerating the market's expansion for concrete surface
retarders in the forecast period. Therefore, the global concrete surface
retarders market is expected to rise in the upcoming years as well,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Concrete Surface Retarders
Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028F, Segmented By Raw Material
(Organic Agents, and Inorganic Agents), By Type (Water-Based, and
Solvent-Based), By End User (Residential, Commercial, Infrastructure, and
Others), By Region, and Competition”, has evaluated the future
growth potential of concrete surface retarders and provides statistics and
information on market structure, size, share, and future growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the global concrete surface retarders market.
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