Market Forecast By Type (Polymer Modified Cementitious Mortars, Epoxy Based Mortars), By Grade (Structural, Non Structural), By Application (Hand/trawling, Pouring, Spraying), By End-use (Buildings & Carparks, Road Infrastructure, Utility, Marine) And Competitive Landscape
Product Code: ETC320102 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Brazil Concrete Repair Mortars MarketΒ |
Forecast period | 2024-2030 |
CAGR | 7.2% |
Growing Sector | Buildings & Carparks |
The Brazil Concrete Repair Mortars Market Report thoroughly covers the market by type, by grade, by application and by end-Use. The market Outlook report provides an unbiased and detailed analysis of the ongoing Brazil Concrete Repair Mortars Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The Brazil Concrete Repair Mortars Market is witnessing prominent growth attributed to the increasing investment in infrastructure. Along with this the rising awareness about the importance of maintenance, growing use of concrete in construction, technological advancements and the government initiatives also lead to the growth of the Brazil Concrete Repair Mortars Market.
According to 6Wresearch, Brazil Concrete Repair Mortars Market is projected to rise at a CAGR of 7.2% during the period of 2024-2030. The market is experiencing growth driven by the increasing need for infrastructure maintenance and renovation. The urbanization trends and government initiatives towards improving public and private infrastructures are significant factors propelling the demand for high-quality repair mortars. Additionally, the growing awareness about the longevity and sustainability of constructions is pushing the market towards advanced repair solutions. Noteworthy trends in the Brazil Concrete Repair Mortars industry include the increasing adoption of eco-friendly and durable repair materials that offer extended service life with minimal environmental impact. Innovations in mortar technology, such as self-healing concrete and the use of nano-materials for enhanced strength and durability, are also gaining traction. Furthermore, the emphasis on R&D activities to develop more efficient and cost-effective repair solutions outlines a promising trajectory for the market's future.
Some Key Players in the Brazil Concrete Repair Mortars Market include names like BASF SE, Sika AG, Saint-Gobain S.A., Fosroc International Limited, MAPEI Corporation. These key players have a strong presence in the market and offer a wide range of products and services catering to the construction industry. They also invest heavily in research and development to stay ahead of the competition and meet the evolving needs of their customers.
The government initiatives such as the National Program for Rehabilitation and Upgrading of Federal Highways which aims to improve the condition of federal highways across Brazil which includes repair and maintenance of concrete structures using advanced repair mortars, fuels the growth of the market. Additionally, Brazilian National Plan for Urban Mobility (PNMU) which aims to improve transportation systems in urban areas, which includes the maintenance and repair of existing infrastructure and this provides opportunities for the use of repair mortars in cities and towns across Brazil which in turn propels the growth of the market.
Brazil Concrete Repair Mortars Market is witnessing significant growth which can be attributed to the increasing investment in infrastructure. Along with this the rising awareness about the importance of maintenance, growing use of concrete in construction, technological advancements and the government initiatives such as the National Program for Rehabilitation and Upgrading of Federal Highways which aims to improve the condition of federal highways across Brazil which includes repair and maintenance of concrete structures using advanced repair mortars, will lead to the growth of the market in coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, the polymer modified cementitious mortars segment is the dominant segment in the industry and will continue to grow in the coming years due to their superior properties such as high strength, durability, and resistance to chemicals and abrasion.
Based on Application, the hand/trawling segment is the dominant segment in the industry and will continue to grow in the coming years due to its widespread use in small-scale repairs, such as filling cracks and holes, and its cost-effectiveness compared to other application methods. Moreover, hand/trawling allows for more precise application of repair mortars, making it a preferred choice for intricate repairs.
Based on End-Use, the buildings & carparks segment is the dominant segment in the industry and will continue to grow in the coming years due to the increasing number of construction projects and the existing aging infrastructure in Brazil, which require regular maintenance and repairs. Moreover, with a growing population and urbanization, there is a higher demand for residential and commercial buildings.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brazil Concrete Repair Mortars Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Concrete Repair Mortars Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Concrete Repair Mortars Market - Industry Life Cycle |
3.4 Brazil Concrete Repair Mortars Market - Porter's Five Forces |
3.5 Brazil Concrete Repair Mortars Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Brazil Concrete Repair Mortars Market Revenues & Volume Share, By Grade, 2020 & 2030F |
3.7 Brazil Concrete Repair Mortars Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.8 Brazil Concrete Repair Mortars Market Revenues & Volume Share, By End-use, 2020 & 2030F |
4 Brazil Concrete Repair Mortars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Concrete Repair Mortars Market Trends |
6 Brazil Concrete Repair Mortars Market, By Types |
6.1 Brazil Concrete Repair Mortars Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Brazil Concrete Repair Mortars Market Revenues & Volume, By Type, 2020 - 2030F |
6.1.3 Brazil Concrete Repair Mortars Market Revenues & Volume, By Polymer Modified Cementitious Mortars, 2020 - 2030F |
6.1.4 Brazil Concrete Repair Mortars Market Revenues & Volume, By Epoxy Based Mortars, 2020 - 2030F |
6.2 Brazil Concrete Repair Mortars Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Brazil Concrete Repair Mortars Market Revenues & Volume, By Structural, 2020 - 2030F |
6.2.3 Brazil Concrete Repair Mortars Market Revenues & Volume, By Non Structural, 2020 - 2030F |
6.3 Brazil Concrete Repair Mortars Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Brazil Concrete Repair Mortars Market Revenues & Volume, By Hand/trawling, 2020 - 2030F |
6.3.3 Brazil Concrete Repair Mortars Market Revenues & Volume, By Pouring, 2020 - 2030F |
6.3.4 Brazil Concrete Repair Mortars Market Revenues & Volume, By Spraying, 2020 - 2030F |
6.4 Brazil Concrete Repair Mortars Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Brazil Concrete Repair Mortars Market Revenues & Volume, By Buildings & Carparks, 2020 - 2030F |
6.4.3 Brazil Concrete Repair Mortars Market Revenues & Volume, By Road Infrastructure, 2020 - 2030F |
6.4.4 Brazil Concrete Repair Mortars Market Revenues & Volume, By Utility, 2020 - 2030F |
6.4.5 Brazil Concrete Repair Mortars Market Revenues & Volume, By Marine, 2020 - 2030F |
7 Brazil Concrete Repair Mortars Market Import-Export Trade Statistics |
7.1 Brazil Concrete Repair Mortars Market Export to Major Countries |
7.2 Brazil Concrete Repair Mortars Market Imports from Major Countries |
8 Brazil Concrete Repair Mortars Market Key Performance Indicators |
9 Brazil Concrete Repair Mortars Market - Opportunity Assessment |
9.1 Brazil Concrete Repair Mortars Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Brazil Concrete Repair Mortars Market Opportunity Assessment, By Grade, 2020 & 2030F |
9.3 Brazil Concrete Repair Mortars Market Opportunity Assessment, By Application, 2020 & 2030F |
9.4 Brazil Concrete Repair Mortars Market Opportunity Assessment, By End-use, 2020 & 2030F |
10 Brazil Concrete Repair Mortars Market - Competitive Landscape |
10.1 Brazil Concrete Repair Mortars Market Revenue Share, By Companies, 2023 |
10.2 Brazil Concrete Repair Mortars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |