The report of Concrete Surface Retarders Market by raw material (organic agents and inorganic agents) – by type (water-based and solvent-based) – by Application (residential and commercial – by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) is expected to reach US$ XX Mn by 2027, at a CAGR of 5.17 % during a forecast period.
Concrete surface retarders are informal to apply and work effectively in a very limited time span. The product can be functional for bond improvement of waterproofing materials and creation of exposed aggregate surfaces. Increasing product demand in applications such as precast concrete, slip resistance surfaces, and decorative sidewalks is expected to drive the market during the forecast period.
The organic agents segment is expected to hold significant share in the global concrete surface retarders market during the forecast period.
Based on raw material, the organic agents segment is estimated to dominate the market during the forecast period. The growth in the market is attributed to its wide usage in the applications such as vertical & horizontal concrete surfaces and it offer low cost as compared to inorganic agents.
The water-based retards segment is estimated to grow at high rate of CAGR during the forecast period.
Based on type, the growth in the market by water-based retarders is owing to its benefits such as eco-friendly, non-hazardous, and odorless. The practice of these retarders is also supported by numerous regional regulatory bodies owing to their lower VOC content as compared to the solvent-based retarders. Water-based retarders are safely applied on outdoor and low ventilation areas.
The commercial segment is estimated to dominate the global concrete surface retarders market during the forecast period.
By application, the growth of the commercial segment is attributed to rapid industrialization and increasing public & private investments for infrastructure development in the emerging economies of the regions such as Asia Pacific, the Middle East, and South America. Concrete surface retarders are extensively used in commercial applications includes bridge decks, sidewalks, curbs, ramps, facade cladding, and concrete segment joints.
The European region is expected to lead the global concrete surface retarders market.
Europe gives a major share to the global concrete surface retarders market. Growing new residential construction activities, rising demand for green building structures, and supportive government initiatives are projected to drive the market for concrete surface retarders this region. Growing demand for new residential units in urban areas, coupled with successive private and public sector investments in residential and infrastructural construction projects, is also estimated to create growing opportunities for the concrete surface retarders market in the region.
Key players operating in Market includes GCP Applied Technologies, Fosroc, Mapei, the Euclid Chemical Company, W. R. Meadows, Parchem Construction Supplies, Russtech, Reckli, Sika, BASF, Cemex, 2 TK Products, Chryso Group, Fabrino Produktionsgesellschaft Mbh & Co. Kg, Thermax, Chemmasters, Dayton Superior, Twin City Concrete Products, Interstar Materials, Fritz-Pak, Kingdom Products, Premiere Concrete Admixtures, Adomast Manufacturing, Larsen Building Products, Norsekem, Prime Exposure and Parchem Construction Supplies.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain market positioning of competitors.
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