Concrete Curing Equipment Market: Global Industry Analysis and Forecast (2023-2029)

Concrete Curing Equipment Market size was valued at US$ 813.51 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 8.7% through 2023 to 2029, reaching nearly US$ 1,458.73 Bn.
Concrete Curing Equipment Market Overview:
The majority of concrete curing equipment is made for the industrial construction industry. Concrete curing equipment consists of curing tank heaters, sometimes known as immersion heaters, and concrete curing tanks. Concrete curing tanks are made of galvanized steel or strong plastic. They're used to cure cylinders, concrete beams in the lab or in the field, and other concrete specimens. In concrete curing tanks, the curing tank heater is utilized to keep the water temperature and moisture level constant. The number of curing tank heaters required is determined by the ambient air temperature, tank size, and specimen load.To know about the Research Methodology :- Request Free Sample Report
Concrete Curing Equipment Market Dynamics:
The factors that drives the growth of the Concrete Curing Equipment market are Concrete curing equipment has grown in terms of technology and functionality, increasing government initiatives supporting rapid infrastructure construction, as well as an increase in global demand for cement concrete roads, increase in the infrastructure development across the world. The demand for technologically advanced and high-efficiency concrete curing equipment, such as placing and batching equipment, will grow as project sizes grow, completion schedules tighten, and high-strength concrete standards become more severe. To accommodate the rising demand for faster building, builders and contractors are increasing their usage of concrete drying technology. This, in turn, is expected to boost global market demand.

The requirement to reduce railway mechanical stress and provide a more comfortable ride in freight and passenger trains is expected to drive global demand for concrete curing equipment. Rising automation in the transportation and logistics industry is developed to increase demand for concrete curing equipment.

The market is expected to be hampered by a lack of information regarding concrete curing equipment among contractors and builders. Manufacturers of concrete curing equipment, on the other hand, are working hard to educate contractors and builders about how advanced technological control systems help in the production of homogeneous, high-quality concrete. As a result, the impact of this restraint is expected to stabilize during the forecast period.
Concrete Curing Equipment Market Segment Analysis:
Based on the Product Type, the market is segmented into Concrete Curing Tanks, Moisture Room Control Panel, Curing Tank Heater, Moist Cabinet, and Humidity Meters. Concrete Curing Tanks segment is expected to hold the largest market share of xx% by 2029. Curing has a significant impact on the strength and durability of concrete. Curing occurs immediately after placing concrete and finishing, and it involves maintaining desired moisture and temperature conditions for extended periods of time, both at depth and near the surface.

Concrete that has been properly cured has a higher surface hardness and can sustain more wear and abrasion. Curing also makes concrete more impermeable, preventing moisture and water-borne pollutants from penetrating the material and extending its durability and service life. These are the major benefits that drive the growth of Concrete Curing Tanks segment in the global market in the forecast period.

Based on the Application, the market is segmented into Highway Construction, Bridge Construction, and Building Construction. The Building Construction segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2029. The building construction industry in India is booming as a result of ongoing urbanization, impending infrastructural projects, and a growing population base. To meet the rising demand for faster building, builders and contractors are increasing their usage of concrete curing equipment. These are the key factors that drive the growth of Building Construction industry in the global market in the forecast period.
Regional Insights:
Asia Pacific dominates the Global Market during the forecast period 2023-2029. The Asia Pacific is expected to hold the largest market shares of xx% by 2029. The factor that drives the growth in the Asia Pacific region is an increase in construction activities as the region's population grows. The concrete curing equipment market in the region is dominated by China and India. The ‘Make in India' initiative encourages investors to set up manufacturing plants in India, resulting in increased construction activity. These are the key factors that boost the growth of the global market in the forecast period.

North America is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2029. In the North America region, the construction and manufacturing industries are growing. This is the major factor that drives the growth of the global market in the forecast period.

The objective of the report is to present a comprehensive analysis of the Global Concrete Curing Equipment Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also helps in understanding the Global Concrete Curing Equipment Market dynamic, structure by analyzing the market segments and project the Global Concrete Curing Equipment Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Concrete Curing Equipment Market make the report investor’s guide.
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 Concrete Curing Equipment Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 813.51 Bn.


Forecast Period 2023 to 2029 CAGR:
8.7%
Market Size in 2029:
US $ 1458.73 Bn.


 Segments Covered:
by Product
Steel Curing Tanks Equipment
Plastic Curing Tanks Equipment


by Type
Concrete Curing Tanks
Moisture Room Control Panel
Curing Tank Heater
Moist Cabinet
Humidity Meters


by Application
Highway Construction
Bridge Construction
Building Construction



Concrete Curing Equipment Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Players are:
1. Gilson Company, Inc.
2. Humboldt Mfg. Co.
3. Portland Cement Association
4. WATTCO INC.
5. Apollo Inffratech Pvt. Ltd.
6. Johnson Concrete Curing Systems
7. Hawkeye Pedershaab
8. CDS-Group
9. Kraft Curing Systems GmbH
10.D M Instruments
11.Shri Balaji Scientific Works
12.Ohmkar Equipments
13.Micro Technologies
14.Aimil Ltd.
15.Hot King Instruments Company
16.Others
Frequently Asked Questions:
1] What segments are covered in Concrete Curing Equipment Market report?
Ans. The segments covered in Concrete Curing Equipment Market report are based on Product, Type, and Application.

2] Which region is expected to hold the highest share in the global Concrete Curing Equipment Market?
Ans. Asia Pacific is expected to hold the highest share in the global Concrete Curing Equipment Market.

3] Who are the top key players in the global Concrete Curing Equipment Market?
Ans. Gilson Company, Inc., Humboldt Mfg. Co., Portland Cement Association, WATTCO INC., and Apollo Inffratech Pvt. Ltd. are the top key players in the global Concrete Curing Equipment Market.

4] Which segment holds the largest market share in the global Concrete Curing Equipment market by 2029?
Ans. Concrete Curing Tanks segment holds the largest market share in the global market by 2029.

5] What is the market size of the global Concrete Curing Equipment market by 2029?
Ans. The market size of the global market is US $ 1,458.73 Bn. by 2029.