Global Concrete Surface Retarders Market is valued approximately USD 82.29 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.23% over the forecast period 2022-2028.
The concrete surface is a chemical formulation that allows concrete finishers to improve decorative architectural textures to horizontal concrete surfaces, such as exposed aggregate. The concrete surface retarders present a variety of designs and higher-finish to complex structures. These retarders work proficiently and are very easy to apply. The increasing investments in infrastructure development activities, rapid industrialization, the shifting trend towards green buildings, coupled with the surging urban population are the primary factors that are stimulating the market demand across the globe.
For instance, as per The International Bank for Reconstruction and Development (IBRD), there are more than 50% of the population lives in urban areas worldwide. Also, the amount is anticipated to grow 1.5 times to reach 6 billion by the year 2045. Accordingly, these factors are fueling the demand for concrete surface retarders, which is driving market growth in the approaching years.
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However, changing governmental regulations across regions and a lack of awareness about concrete surface retarders impede the growth of the market over the forecast period of 2022-2028. Also, the rise in construction activities and development of emerging markets is anticipated to act as a catalyzing factor for the market demand during the estimated period.
The key regions considered for the global Concrete Surface Retarders market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to increasing demand for high-quality green buildings, growing urbanization, and increasing disposable income. Whereas, North America is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the imposition of government regulations, time-cost efficiency, as well as reduced environmental impact, would create lucrative growth prospects for the Concrete Surface Retarders market across the North American region.
Major market players included in this report are:
Sika AG
BASF SE
MAPEI S.p.A.
GCP Applied Technologies Pvt. Ltd.
CEMEX S.A.B. de C.V.
W. R. Meadows, Inc.
The Euclid Chemical Company
RussTech Co. Inc.
Parchem Construction Supplies Pty Ltd.
Chryso Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Raw Material
Organic Agents
Inorganic Agents
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By Type
Water-Based
Solvent-Based
By Application
Commercial
Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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