Concrete Surface Retarders Market Growth Analysis | 2023-2028

Concrete Surface Retarders Market Growth Analysis | 2023-2028

Concrete Surface Retarders Market Growth Analysis | 2023-2028
Report code - SRAM376 Delivery - 2 Weeks
Concrete Surface Retarders Market Size, Share, Trend, Forecast & Industry Analysis: 20 See more...

Market Insights

The Concrete Surface Retarders Market was estimated at US$ 56.99 million in 2022 and is expected to grow at a CAGR of 5.7% during 2023-2028 to reach US$ 79.71 million in 2028.

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What are Concrete Surface Retarders?

Concrete surface retarders are chemical solutions applied to fresh concrete to slow down the setting of the surface layer. By delaying the cement hydration process, the surface retarder allows the underlying concrete to continue curing while preventing the top layer from hardening. After a designated time, the retarder is removed, and the exposed surface can be washed away, revealing a textured, exposed aggregate finish. This technique enhances the appearance and skid resistance of the concrete surface, creating visually appealing pavements, sidewalks, and architectural elements. Surface retarders offer flexibility in design and enable architects and contractors to achieve various aesthetic effects on concrete surfaces, adding value to both functional and decorative concrete applications.

Market Dynamics

Factors driving the growth of the Concrete Surface Retarders Market comprise:

  • Construction Boom: The expanding global construction sector has positively influenced the market, as contractors seek innovative concrete finishing solutions.

  • Visual Allure: Increasing demand for visually striking and distinctive concrete finishes has surged the usage of surface retarders to achieve exposed aggregate textures.

  • Infrastructure Expansion: Global infrastructure projects drive concrete surface retarder demand, particularly in urban zones. Renovation and modernization initiatives further enhance the market, leveraging cost-effective revitalization through surface retarders on existing concrete structures.

  • Architectural Progress: Evolving architectural designs and construction methods have spurred surface retarder adoption for crafting intricate patterns and designs on concrete surfaces.

  • Cost-Efficient Elegance: Surface retarders offer economical routes to decorative concrete surfaces, fueling their widespread use in commercial and residential ventures alike.

  • Ongoing Technological Progress: Unceasing advancements in surface retarder technologies have yielded enhanced performance and application simplicity, propelling market expansion.

  • Eco-Friendly Preference: Surface retarders gain favor due to their environmentally conscious alternative to conventional surface finishing techniques.

Segments Analysis

Concrete-Surface-Retarders-Market-Dominant-Segments

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By Concrete Type

The concrete surface retarders market is segmented into water-based and solvent-based. The water-based is expected to remain dominant during the forecast period owing to the usage of these retarders in various applications, such as artificial stones, concrete cladding, architectural facade elements, and roughing of separating joints.

By Application Type

The market is segmented into residential and commercial. The commercial segment dominated the market, owing to rising public and private investments in infrastructure development in emerging economies. Growing construction of decks, curbs, bridge sidewalks, facade cladding, ramps, etc is driving the market.

Regional Analysis

In terms of regions, Europe is estimated to be the largest as well as fastest growing concrete surface retarders market during the forecast period owing to the growing demand for green building structures, supportive government initiatives in the region, and the increasing number of new residential construction activities. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

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Key Players

Some of the major concrete surface retarder manufacturers are-

  • Sika AG
  • BASF SE
  • MAPEI
  • GCP Applied Technologies
  • CEMEX S.A.B. de C.V.
  • W. R. Meadows Inc.
  • The Euclid Chemical Company.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Key questions this report answers

Relevant contents in the report

How ample is the sales opportunity?

In-depth Analysis of the Concrete Surface Retarders Market 

How lucrative is the future?

The market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional, and country-level historical data and forecasts

Which are the most attractive market segments?

Market segment analysis and Forecast

Which are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirement?

10% free customization

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to 3 players).
  • SWOT analysis of key players (up to 3 players).

Market Segmentation

  • Current market segmentation of any one of the product types by application type.  

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQs)

The Concrete Surface Retarders Market is expected to grow at a CAGR of 5.7% during 2023-2028.

Sika AG, BASF SE, MAPEI, GCP Applied Technologies, CEMEX S.A.B. de C.V., W. R. Meadows Inc., and The Euclid Chemical Company are among the key players in the concrete surface retarders market.

The Concrete Surface Retarders Market is expected to reach US$ 79.71 million in 2028.

Europe is expected to remain the largest market for concrete surface retarders during the next five years.

The commercial segment is expected to remain the dominant application in the Concrete Surface Retarders Market.

The water-based is expected to remain the dominant concrete surface retarders market in the coming years.