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(Construction.IndustryNews247.Com, January 11, 2019 ) The concrete surface retarders market was valued at USD 70.0 million in 2017 and is projected to reach USD 89.4 million by 2023, at a CAGR of 4.2% from 2018 to 2023. Report aims at estimating market size & future growth potential of concrete surface retarders market on the basis of raw material, type, application, & region.
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The commercial segment is projected to grow at a higher rate than residential segment due to rising public & private investments for infrastructure development in emerging economies of Asia Pacific, Middle East, and South America. Higher growth is also supported by usage of concrete surface retarders in commercial construction, in bridge decks, sidewalks, curbs, ramps, facade cladding, & concrete segment joints, among others.
Other objectives include providing detailed information regarding main factors influencing growth of market (drivers, opportunities, & industry-specific challenges). It also aims to study individual growth trends, future prospects, and contribution of various segments to total market.
Europe is projected to be to be the largest market between 2018 and 2023. Acceptance of new technologies in the infrastructure sector for a decorative finish, coupled with the growing commercial sector, is expected to drive the concrete surface retarders market growth in this region. The other factors driving the growth of the market in Europe include an increasing number of new residential construction activities, growing demand for green building structures, and supportive government initiatives.
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Factors such as high quality of building components and government regulations are fueling the growth of the market for concrete surface retarders in the North American region. In Asia Pacific, the growth of the market is attributed to increasing population, rising disposable income, and an increase in investments in the residential and commercial sectors.
Report has been segmented on basis of raw material, type, application, and region. Based on raw material, organic agents segment is projected to account for a larger share of concrete surface retarders market through 2023. This larger share is attributed to numerous advantages of organic agents, in terms of cement retardation, a wide range of applications (in vertical and horizontal concrete surfaces), and cost benefits.
Order the Concrete Surface Retarders Market by Raw Material (Organic Agents and Inorganic Agents), Type (Water-based and Solvent-based), Application (Residential and Commercial), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2023 research https://www.whatech.com/market-research/construction/544965-concrete-surface-retarders-market-to-reach-us-89-4-million-by-2024-just-published
Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the concrete surface retarders market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources included professionals such as concrete surface retarders manufacturers, raw material providers, distributors, consultants, and academic professionals.
The distribution of primary interviews is as follows:
By Company Type: Tier 1 40%, Tier 2 25%, and Tier 3 35%
By Designation: C-level Executives 35%, Directors 30%, and Others* 35%
By Region: North America 25%, Europe 20%, Asia Pacific 45%, and RoW** 10%
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