Concrete Surface Retarders Market: Key Insights
The market will grow at a rapid rate in the coming years. Factors such as increasing construction activities, growing demand for decorative concrete, and the rise in awareness about the benefits of surface retarders are driving market growth. Surface retarders are applied on the surface of the concrete to slow the setting time of the top layer of cement, which allows the creation of unique textures and patterns on the surface of the concrete. This makes surface retarders an ideal solution for decorative concrete projects, such as stamped concrete and exposed aggregate.
Additionally, the growing adoption of surface retarders in construction due to their ability to improve the surface finish of concrete and increase the durability of concrete is also expected to boost the market growth. However, the change in the prices of raw materials and the strict regulations regarding the use of surface retarders in the construction industry may hinder the concrete surface retarders market growth.
Concrete Surface Retarders Market
Concrete Surface Retarders Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Raw Material (Oragnic Agents, Inorganic Agents); Type (Water-Based, Solvent-Based); Application (Residential, Commercial) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
Concrete Surface Retarders Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
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Overall, the concrete surface retarders market is expected to grow at a significant rate in the coming years due to the increasing construction activities, growing demand for decorative concrete, and rise in awareness about the benefits of surface retarders.
Growing Construction of Green Buildings to Drive Concrete Surface Retarders Market
The construction of green buildings is expected to boost the growth of the concrete surface retarders market by increasing the demand for sustainable construction, high-performance concrete, energy-efficient buildings, and durability. Green building construction uses materials and techniques that have a minimal impact on the environment, thus increasing the demand for green building materials including surface retarders, which are used to control the setting time of concrete, thus reducing the carbon footprint of the building.
High-performance concrete, which is required for green building projects, requires the use of surface retarders to control the setting time of the concrete and allow for the creation of unique textures and patterns on the surface of the concrete. Surface retarders can be used to improve the thermal insulation of concrete and the durability of concrete, which are both important factors for green buildings.
Concrete Surface Retarders Market: Segmental Overview
The global concrete surface retarders market is segmented based on raw material, type, and application. Based on raw material, the global concrete surface retarders market is segmented into organic agents and inorganic agents. Based on type, the global concrete surface retarders market is segmented into water-based and solvent-based. Based on application, the global concrete surface retarders market is segmented into residential and commercial.
Based on type, the water-based surface retarders segment is expected to dominate the concrete surface retarders market due to several factors, including low environmental impact, easy application, easy clean-up, low hazard, and cost-effectiveness. Water-based surface retarders are made from water and other natural compounds, making them less harmful to the environment compared to solvent-based surface retarders. They are also more convenient for contractors with easy application, easy clean-up, and less hazardous to handle, leading to increased demand for water-based surface retarders. Additionally, water-based surface retarders are relatively cheaper than solvent-based surface retarders in terms of raw materials and transportation costs. All these factors make water-based surface retarders a more sustainable, safer, and cost-effective option for the construction industry.
Concrete Surface Retarders Market: Competitive Landscape and Key Developments
BASF, CEMEX, CHRYSO, Forsoc, GCP Applied Technologies Inc., Mapei S.p.A., RussTech, Inc, Sika, The Euclid Chemical Company, W. R. Meadows, Inc. are among the key players operating in the concrete surface retarders market. These companies have a widespread presence worldwide, which provides lucrative opportunities to serve many customers and expand the market.
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