Concrete Repair System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
Concrete repair system can be defined
as the various methods and compounds applied to concrete walls and other
concrete structures in order to support their working condition. Concrete is
used in a variety of infrastructure, ranging from residential, commercial, and
industrial buildings to roads, highways, bridges, and other structures such as
museums, railway stations, and airports, thereby making it a fairly large
market. Investments made in concrete infrastructure are high and, therefore, it
is essential that the infrastructure and its concrete remain in good working
condition. This makes the concrete repair system an important market.
The global concrete
repair system market can be segmented along several lines such as type
of problem, type of solution, and method of application.
In terms of type of problem, the
global concrete repair system market can be classified into new build defects,
service & maintenance, and age-related deterioration. New build defects are
problems that occur either during or soon after the construction of the
infrastructure. The service & maintenance segment includes regular
strengthening of the concrete, for example, by repairing cracks and other such
problems when they are at an initial stage. This not only improves the quality
of the infrastructure, but also helps in prolonging its life. Age-related
deterioration of concrete and other materials involved in the infrastructure is
common and needs to be addressed every few years.
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More importantly, in terms of type of
solution, the global concrete repair system market can be divided into
coatings, sealers & primers, bonding agents & waterproofing compounds,
mortars, and others. Coatings, sealers & primers are used for a wide range
of purposes such as anti-corrosion, steel reinforcement, concrete
strengthening, and decoration. Mortars are primarily used for sticking one
material to another. For example, it is used between bricks and blocks or
between tiles and floor or wall. The primary purpose of bonding agents &
waterproofing compounds is to enhance the joining of structures without
employing mechanical fasteners. They help in improving the tensile strength of
the concrete and its ability to withstand corrosion. Finally, the others
section consists of various concrete repair solutions such as epoxy adhesives
& concrete, polyurethane compounds, grouts, gels, and self-levelling
screeds, etc.
Based on method of application, the
global concrete repair system market includes hand/equipment-applied, sprayed,
and others. The hand/equipment-applied method is commonly used when the product
needs to pasted on to the concrete or applied between surfaces. Products such
as bonding agents, mortars, and primers are generally applied in this manner.
The method of spraying the product on to the concrete is frequently used in the
case of coatings, sealers, and certain waterproofing compounds. Other methods
of applying concrete repairs include the product being injected into cracks or
the use of machines in case of protective levelling mortars and self-levelling
screeds.
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In terms of region, the global
concrete repair system market can be segmented into North America, Latin
America, Europe, Middle East & Africa, and Asia Pacific. Concrete repair systems
are in extensive use in the developed regions of North America and Europe.
Their usage, on the other hand, is increasing in the developing regions of
Latin America, Asia Pacific, and Middle East & Africa. These regions
present considerable opportunities during the forecast period owing to the high
investments in infrastructure by the governments.
Some of the major companies in the
global concrete repair system market include the Sika Group, Fosroc
International Limited, BASF Corporation, KREISEL Technika Budowlana Sp. z o.o.,
MAPEI Corporation, ARDEX Americas, Chemco International Ltd., Saint-Gobain
Construction Products UK Limited, and Kryton International Inc.
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