Concrete surface retarders are used to slow down concrete setting time at the surface while the concrete below the surface sets properly. This allows contractors to add aesthetically pleasing, high-quality finishes. Market Research Future’s findings in its report on the concrete surface retarders market suggest growth at a CAGR of 3.80% during the forecast period from 2018 to 2023. In 2017 the market valued USD 70 Mn and with the predicted growth rate will expand to generate a market value of USD 87.56 Mn by 2023.
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Urbanization has impacted the construction sector, as the demand for commercial and residential buildings has increased significantly. A focus on aesthetically pleasing structures is driving the demand for concrete surface retarders. Maintenance of infrastructure in developed economies combined with the growing construction of infrastructure in developing economies is expected to fuel market growth. Moreover, rapid industrialization in emerging economies will likely support growth.
Notably, the market is restrained due to a lack of awareness of concrete surface retarders. However, leading market players are working toward expanding awareness and have identified emerging economies as a promising market which will prove to be highly lucrative during the assessment period.
The report provides a detailed overview of the concrete surface retarders market as well as information pertinent to the various factors influencing the growth of the market. Drivers, opportunities, and restraints affecting the concrete surface retarders market have been thoroughly researched and recorded in the report. Current trends in the construction industry which are promoting the growth of the concrete surface retarders market have also been included. The market as a whole has been divided on the basis of raw material, type, application, and region. Segmental analysis of these key components has been studied in the report. The review of the market has identified and recorded the various prominent players in the market along with growth strategies.
The report covers various leading market participants including W. R. Meadows (US), CEMEX (Mexico), RussTech, Inc. (US), Parchem Construction Supplies (Australia), GCP Applied Technologies (US), BASF SE (Germany), The Euclid Chemical Company (US), Fosroc (UAE), MAPEI (Italy), and Sika (Switzerland)
Market Research Future is conscientious in its approach toward every market study. For the global concrete surface retarders market, MRFR has used primary and secondary methods to collect all relevant data. Primary sources of information recorded in the report are condensed from first-hand interviews with key level executives at leading organizations in the concrete surface retarders market. Secondary data collection has been sourced from company annual reports, SEC filings, and white papers among other publically available, authenticated sources. Market size estimation and validation of findings have been done using both top-down and bottom-up approaches. The report is analyzed, compiled and intelligent insights are added to provide a well-rounded understanding of the market and the factors that influence its growth.
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