Increasing expenditure on infrastructure activities across the globe is driving the growth of the global concrete conditioner market. By construction type, the new segment gained the major share in 2021. However, by region, the market in Asia Pacific will indicate the fastest CAGR by 2031.
Portland, Ore., Feb. 01, 2023 (GLOBE NEWSWIRE) — According to a report published by Allied Market Research, the global concrete conditioner market was valued at USD 476.00 million in 2021 and is expected to reach USD 783.00 million by 2031, registering a CAGR of 5.5% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, most profitable strategies, drivers and opportunities, market size and valuations, competitive landscape and emerging market trends. Market research is a useful source of information for leaders, new entrants, investors and shareholders in strategizing for the future and strengthening their market position.
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Report ° Сexcessive age and edetails:
|
Report Coverage |
Details |
|
Forecast period |
2022–2031 |
|
Base year |
2021 |
|
Market size in 2021 |
$476.00 million |
|
Market Size in 2031 |
$783.00 million |
|
CAGR |
5.5% |
|
Number of pages in the report |
329 |
|
Covered segments |
Method, construction type, end use and region. |
|
Drivers |
Increasing spending on infrastructure activities around the world |
|
Limits |
Volatility in commodity prices |
|
Opportunities |
The growing demand for better infrastructure and safety features |
Covid-19 Slandscape-
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The cancellation of the majority of construction projects worldwide during the pandemic has resulted in reduced demand for concrete conditioner, thus negatively impacting the market.
The global concrete conditioner market is analyzed by method, construction type, end use and region. The report contains a comprehensive analysis of the segments and their sub-segments with the help of tabular and graphical presentation. Investors and market participants can benefit from the breakdown and devise strategies based on the top revenue generating and fastest growing segments identified in the report.
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By method, the dry segment held nearly three-fifths of the revenue of the global concrete conditioner market in 2021 and is expected to dominate by 2031. The wet segment, on the other hand, will exhibit the fastest CAGR of 5.8% throughout forecast period.
By construction type, the new segment garnered more than half of the total market share in 2021 and is expected to dominate by 2031. The renovation segment, meanwhile, will project the fastest CAGR of 5.8% throughout the forecast period .
In terms of end-use, the non-residential segment held more than half of the global vacuum furnace market revenue in 2021 and is expected to dominate by 2031. The residential segment, concurrently, would indicate the fastest CAGR of 6.0% during the entire forecast period.
On the basis of region, the North America market generated more than two-fifths of the global concrete conditioner market share in 2021 and is expected to retain the lion’s share until 2031. Asia Pacific, meanwhile, will exhibit fastest CAGR of 6.1% over the forecast period. Other provinces analyzed through the report include Europe and LAMEA.
The key market players analyzed in the global concrete conditioner market report include Pittsburgh Plate Glass Industries, Inc., 3M, BASF SE, Sika AG, Ultra Tech Cement Limited, The Sherwin Williams Company, Boral Limited, Solomon Colors Inc. , Vexcon Chemicals Inc. ., and The Euclid Chemical Company. These market players have adopted several strategies including partnership, expansion, collaboration, joint ventures and others to highlight their might in the industry. The report is helpful in formulating the business performance and development of the leading players.
Want to access statistics and graphics, strategies of key players: https://www.alliedmarketresearch.com/concrete-conditioner-market/purchase-options
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Allied Market Research (AMR) is the market research and business consulting arm of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a single-minded focus on providing business insights and consulting to help its clients make strategic business decisions and achieve sustainable growth in their respective market domain.
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