Concrete Repair Mortar Market Size, Share, Industry, Forecast and Outlook (2024-2031)

The Concrete Repair Mortar Market is Segmented By Type (Polymer Modified Cementitious (PMC), Epoxy-based), By Grade (Structural, Non-Structural), By Application (Hand/Trawling, Pouring, Spraying), By End-User (Building & Car parks, Road Infrastructure, Utility, Marine), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Concrete repair mortar market Size, Demand Insights

Concrete repair mortar market reached US$ YY million in 2023 and is estimated to record significant growth by reaching up to US$ YY million by 2031, growing at a CAGR of 5.2% during the forecast period (2024-2031).

Concrete Repair Mortar Market Scope and Summary

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Concrete repair mortars repair spalling in concrete structures caused by reinforcing corrosion. Because of the qualities of concrete, it is more commonly employed for natural structural faults created by buildings settling and adjusting during temperature changes and damage caused by unanticipated water infiltration. Different types of concrete repair mortars are utilized depending on the application.

For instance, as the name implies, cementitious concrete mortars are cement-based mortars traditionally used to construct structures utilizing building blocks or bricks. It is a popular material for walkways, fences, and walls. Cementitious concrete repair mortars are more susceptible to damage and deterioration than the surrounding structural bricks, a common point of concrete repair. Still, the material is easily available for touch-up work or complete restorations.

Modified cementitious concrete repair mortars containing additives that provide important qualities for efficient concrete repair, such as anti-corrosion capabilities, preventing rust to internal supports, and avoiding moisture absorption, are also employed.

Concrete Repair Mortar Market Dynamics and Trends

Growing residential construction coupled with increasing pressure on existing infrastructure is boosting the growth of the concrete repair mortar market.

Growing residential construction coupled with increasing pressure on existing infrastructure is boosting the growth of the concrete repair mortar market

Due to the increasing demand for concrete repair mortar applications in the construction industry for restoring structural strength and architectural shape of historic buildings, the product market is expected to increase. The residential construction sector is predicted to account for most market share as these structures are constructed for longer and the mortar's better structural strength adds to their endurance.

Concrete repair mortar offers great impermeability, tensile strength, stress resistance, and thixotropy, which are expected to improve demand as a crucial building material over time.

The substance is useful when concrete needs to be repaired, such as building structural faults caused by extremely high-temperature changes. It's also utilized to prevent interior structural supports from rusting due to undesired water infiltration.

Cementitious concrete mortar is used for brick-based applications such as fences, walls, and walkways. It has several benefits for structures, including reduced internal support rust, corrosion resistance, and moisture absorption. Epoxy concrete mortar is used for high-strength applications such as strengthening concrete, mending cracked or broken concrete flooring, and extending its usable life.

Furthermore, the existing infrastructure is under increasing strain due to the sheer older population and the influx of migrants. According to Eurostat, by 2025, EU countries will have approximately 125 million people aged 65 and up. These countries also have longer life expectancies, putting more strain on existing infrastructure. Around 4.7 million persons entered the EU in 2015. The number has increased the demand for existing social infrastructure, which must be expanded and upgraded to meet the demands of the population.

China and India have a total population of nearly 37% of the world's total population. China and India have respective populations of 1.4 billion and 1.3 billion people. Because of the high population density in many countries, the distribution of available resources is inequitable. The current infrastructure, such as bridges, roads, and water delivery systems, is overworked and exhibits symptoms of collapsing due to population growth.

As a result, governments in India and China have begun implementing repair and maintenance programs. As a result, the demand for concrete repair mortars would be driven by a rising population over the forecast period.

The rising adoption of new technologies is the primary hurdle for the market growth of concrete repair mortar.

Despite its early stages, self-healing concrete is progressively gaining appeal in the building business. Self-healing concrete is a mixture of aggregates, water, cement, and bacteria that produce limestone, which helps to mend cracks on the concrete surface as soon as they develop. Small fissures of up to 0.08 mm can be filled with the substance.

The market opportunity for self-healing concrete comprises many applications for reliable and long-lasting construction. In the forecast period, the broad spread use of self-healing concrete will aid acceptance and improve the self-healing concrete business. Residential, commercial, industrial, and civil infrastructure are important economic development components.

As a result, reducing maintenance costs and extending the life of these buildings are expected to offer plenty of chances for self-healing products to reach the market. The success of pilot projects being conducted worldwide will be critical in boosting the commercial adoption of self-healing concrete.

However, such concrete materials are undergoing research to improve their efficiency. The growing research on self-healing concrete could lessen the requirement for infrastructure repairs in structures and, in the future, could be an effective alternative for repairing mortars.

COVID-19 Impact on Concrete Repair Mortar Market Growth

The outbreak of the COVID-19 pandemic has had an impact on economies all globally. The global lockdowns and travel restrictions have negatively impacted the growth of most industries and business sectors. Most business ecosystems' supply chains have been impeded and global growth rates have slowed.

The ongoing pandemic has posed several difficulties for the concrete repair mortar sector. The form and severity of the pandemic will be largely determined by the global economy's collapse, the length of the recession, and the recovery path. Various governments have paused many construction repair projects because of the escalating number of COVID-19 cases worldwide.

Furthermore, government-issued rules and regulations have generated ambiguity and confusion among construction companies and laborers, which ramifications the concrete repair mortar industry.

Concrete Repair Mortar Market Segment and Shares Analysis

The global concrete repair mortar market is segmented on the type, grade, application, end-user, and region.

PMCs' popularity is due to their cheaper cost, simple to use, and can be utilized for both structural and non-structural repairs, thus, increasing their commercial appeal

The global concrete repair mortar market is segmented on type into polymer-modified cementitious mortars and epoxy-based mortars. In 2020, the polymer-modified cementitious (PMC) mortar type had a market share of over xx %. Over the projection period, the category is expected to maintain its leadership position by growing at the quickest CAGR. The superior qualities of PMC mortars, such as chemical resistance, waterproofing, significant durability, and toughness, are projected to boost demand.

Polymer-modified cementitious mortar is a paste that mixes water, cement, and sand. The major aim of mortar in masonry construction is to fill the gaps between the blocks and bricks. It comes in two varieties: homo complex and copolymer. Furthermore, the polymer-modified cementitious mortar improves tensile and flexural strength, adhesion, toughness, and workability. It's also water, temperature, and chemical resistant. The product is used in manual spraying and pouring applications and is also found in residential and commercial buildings.

However, PMC's popularity is due to its cheaper cost than epoxy-based mortars. Polymer-modified cementitious mortars are very simple and can be utilized for structural and non-structural repairs, increasing their commercial appeal.

Furthermore, these materials are commonly used in constructing walls, pathways, and fences made of bricks and building blocks. Mortars are extremely prone to deterioration and damage than structural bricks and serve as a popular point of repair for concrete. As a result, there is a greater demand for repair materials in full restorations and touch-ups.

Concrete Repair Mortar Market Geographical Analysis

The significant population expansion in the Asia-Pacific is driving the predicted growth in the use of concrete repair mortars in infrastructure maintenance during the forecast period.

In 2020, Asia Pacific dominated the global market, accounting for more than xx% of the total market share. From 2022 to 2029, it is predicted to be the fastest-growing regional market. The increase is related to expanding population, which strains existing infrastructure, causing the structure to deteriorate, and resulting in a demand for repair materials.

Furthermore, as part of their economic growth initiatives, growing economies in Asia-Pacific, such as India, substantially invest in transportation infrastructure development. It is predicted to result in constructing of new and existing infrastructures and increasing infrastructure repair and maintenance activities, driving market expansion.

In addition, The construction industry's rapid growth in China, India, and Australia has resulted in a surge in demand for concrete repair mortars, primarily in residential and non-residential applications. Increased spending on transportation infrastructure repair and maintenance by countries such as Japan and Australia has aided the expansion.

In India, for instance, 100% FDI is permitted in urban infrastructure and finished projects for the operations and management of townships' commercial and business structures. As a result, the region's demand for concrete repair mortars will skyrocket. Due to the abovementioned factors, the demand for concrete repair mortar will likely rise in the region over the forecast period.

Concrete Repair Mortar Companies and Competitive Landscape

The global concrete repair mortar market is highly competitive with local and multinational companies. Some prime companies contributing to the market's growth are Sika AG, MBCC, Mapei S.p.A, Saint-Gobain Weber S.A, Fosroc International Ltd., Pidilite Industries Ltd., Remmers Baustofftechnik GmbH, Flexcrete Technologies Ltd., The Euclid Chemical Co. and Adhesive Technology Corp, among others.

The major companies are adopting several growth strategies such as acquisitions, product launches, and collaborations, contributing to the global growth of the Concrete Repair Mortar market.

• In December 2020, Fosroc and ChemTech formed a joint venture to manufacture and distribute chemical construction supplies. The joint venture has a 50/50 split between the two corporations.

Sika AG

Overview: Sika AG, located in Baar, Switzerland, is an international specialty chemical firm supplying the construction and automotive industries. Bonding, sealing, damping, strengthening, and protective systems and products are developed and manufactured by the company. In 1910 that company was founded by Kaspar Winkler, who laid the foundation stone. Winkler rose from poverty to become a successful entrepreneur and by the 1920s, he was already setting up subsidiaries in other countries.

Sikaflex, SikaTack, Sika CarboDur Sikagard, Sika ViscoCrete, SikaBond, Sikafloor, Sika MaxTack, Sikaplan, Sikament, Sikadur, SikaLastic, SikaRoof MTC, Sika Unitherm and Sika Sarnafil are among the more than 900 product brands used.

Product Portfolio: Sikadur-41 CF Normal: Sikadur-41 CF Sikadur-41 CF Sikadur-41 Normal is a thixotropic, three-component patching and repair mortar made of epoxy resins and specific fillers that may be used at temperatures ranging from 10 to 30 degrees Celsius. The product fills cavities, voids, vertical and overhead use, and corners and edges. The product offers advantages including ease to mix and apply, very good adhesion to most construction materials, high strength, thixotropic: non-sag in vertical and overhead applications, hardens without shrinkage, different colored components (for mixing control), no primer needed, high initial and ultimate mechanical strength, good abrasion resistance and good chemical resistance.

Key Development

• For instance, In July 2021, Sika AG introduced a newly concrete repair solution that delivers enhanced long-term building protection while setting a new milestone for low-impact concrete by dramatically lowering CO2 emissions.
• In October 2020, Sika AG opened a new mortar manufacturing factory in Chengdu, China. The development is projected to strengthen China's distribution network. The development will enable the company to meet the country's growing demand for mortars.