Worldwide Concrete Cooling Industry is Expected to grow at 5% by 2022

Market Research Future published a half cooked research report on specialty films Market The global market for Concrete Cooling Market is expected to grow up to a CAGR of around 5% by 2022.

Global Concrete Cooling Market Information by Type (Ice cooling, Water cooling, Air cooling and Liquid nitrogen cooling), by Application (Infrastructure, Commercial, Industrial, and others) and Region – Forecast to 2022

Increasing demand of concrete cooling systems from regions which have high temperatures and the Middle East region which require large amounts of concrete are anticipated to drive the growth of the market. The largest market share in the global concrete cooling market is accounted by Highway construction application. The UAE, Qatar and Saudi Arabia headed the Middle East concrete cooling market in 2015 in terms of consumption.

The global Concrete Cooling industry is estimated to grow up to USD 1200 Million by 2022 and attain a CAGR of approx. 5% by the end of the forecasted period. The rapid development in concrete construction is acting as a major driver in growth of concrete cooling market.

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The fastest-growing type segment of the global concrete cooling market is water cooling. The growth is attributed to easy availability of water and cost-effectiveness. The highway construction segment accounts for the largest market share. A few key factors in selecting the type of cooling system for highway construction are climate, architectural design and Local geography.   The right cooling method will help in improving the power of the concrete in long-term thereby making the structure strong enough to last for years.

This study provides an overview of the global concrete cooling industry, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, Middle East and Africa and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global specialty films market as type and application. On the basis of type it is segmented as ice cooling, water cooling, air cooling and liquid nitrogen cooling. On the basis of application it is segmented as Infrastructure, Commercial, Industrial, and others. 

The key players of global concrete cooling market report include-

  • Fujian Snowman Co., Ltd.
  • North Star Ice Equipment Corporation
  • KTI-Plersch Kältetechnik GmbH
  • LINTEC Germany GmbH
  • Coldcrete Inc.
  • ConCool LLC
  • Recom Ice Systems
  • Kirloskar Pneumatic Company Limited
  • Icelings
  • Focusun Refrigeration Corporation

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Concrete Cooling is required for mass concrete construction for like in dam construction projects to avoid the cracks in construction. The strength in concrete is developed by evolution of heat as the cement cures and hardens (heat of hydration).  Increasing demand of concrete cooling systems from regions with high temperatures are projected to drive the growth of the market in the future.

The increasing popularity of such concrete cooling systems have led to the systems which are custom made and designed to best fit the applications and settings in which it will be used. The companies these days are highly tuned in to the needs of their clients such as strength, durability, and safety. The global concrete cooling market size was valued at around USD 900 million in 2015 and is expected to cross USD 1200 million by the end of the forecasted period.

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Study Objectives of Concrete Cooling Market

  • To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global Concrete Cooling
  • To provide insights about factors affecting the market growth
  • To analyze the Global Concrete Cooling Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segment by material, application, and regions
  • To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Concrete Cooling

The report for Global Concrete Cooling Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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