Concrete repair mortar market
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New trends in concrete repair mortar: Environmentally friendly solutions, improved formulations and intelligent technologies are shaping the industry
What is the forecast market size of the global concrete repair mortar market and what is its growth rate?
The concrete repair mortar market has experienced robust growth in recent years. Key statistics include:
• The market is expected to grow from $3.1 billion in 2024 to $3.28 billion in 2025, at a compound annual growth rate of 5.9%.
• Market growth is expected to continue, with a projected market value of $4.39 billion in 2029 and a compound annual growth rate of 7.5%.
• Key growth drivers include increasing repair and maintenance needs, awareness of sustainable construction, advances in materials science, and stringent building codes and regulations.
What is driving the growth of the concrete repair mortar market?
The increasing need for repair and maintenance of existing buildings is a major contributor to the growth of the concrete repair mortar market. This growth is accelerated by the deterioration of materials and structures due to the combined effects of loads and external conditions. It is more cost-effective and economical to repair and modernize a structure rather than tearing it down and rebuilding it. This preference will lead to greater use of concrete repair mortar for the repair and maintenance of building infrastructure. For example, the UK Office for National Statistics' Construction Output Price Index (OPIs) data set indicates an increase in both repair and maintenance (3.0%) and new construction work (1.0%), with repair and maintenance rising from Private homes make a large contribution (5.8%) and commercial new work (4.0%).
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Who are the key players driving the concrete repair mortar market growth?
• Adhesives Technology Corporation
• The Euclid Chemical Company
• Remmers Limited
• Pidilite Industries Ltd.
• Fosroc Inc.
• You don't
• BASF SE
• MAPEI S.p. A
• Saint Gobain India Pvt. Ltd.
• WR Meadows Inc.
• Ardex GmbH
• Garon Products Inc.
• MC-Bauchemie Müller GmbH
• Flexcrete Technologies Ltd.
• Resin Building Products Ltd.
• Diasen SRL
• Litokol SpA
• Maker Coating Systems Ltd.
• Dayton Superior Corp.
• Simpson Manufacturing Co. Inc.
• Five Star Products Pvt. Ltd.
• CTS Cement Manufacturing Corp.
• Standard Performance Evaluation Corporation
• ChemCo systems
• Copps Industries Inc.
• Sauereisen Inc.
• Edison Coatings Inc.
• Coprox International Private Ltd.
What are the key trends in the concrete repair mortar market?
Notable trends include:
• The development of high-performance repair mortars.
• Integration of intelligent technologies for real-time monitoring.
• Use of sustainable and recycled materials in concrete repair mortars.
• Emphasis on aesthetics in concrete repair, including color matching and texture replication.
• Switching to quick-setting and quick-hardening repair mortars for quick repairs.
What are the segments of the global concrete repair mortar market?
• By Type: Cement Concrete Repair Mortar, Epoxy Concrete Repair Mortar
• By class: Structural, non-structural
• By Application: Hand-applied concrete repair mortars, machine-applied/sprayed concrete repair mortars, poured/flowable concrete repair mortars, leveling/cladding mortars for concrete repairs, protective surface coatings for concrete
Which region is leading the concrete repair mortar market?
Asia Pacific was the largest concrete repair mortar market in 2024 and is expected to continue its growth during the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.
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What is Covered in the Global Concrete Repair Mortar Market Report?
– Market size analysis
– Market segmentation analysis
– Focus on the main player
– Analysis of growth trends
– Market contribution
– Growth drivers
– Industry challenges
– Competitive developments
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