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Report Overview

The concrete repair mortar market is expected to grow at a CAGR of 4.20% during the forecast period of 2024-2032, driven by the growing construction repair and transport infrastructure sectors globally.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Concrete Repair Mortar Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 4.2%
CAGR 2024-2032 - Market by Region Asia Pacific 4.8%
CAGR 2024-2032 - Market by Country India 5.3%
CAGR 2024-2032 - Market by Country USA 3.9%
CAGR 2024-2032 - Market by Type Epoxy-Based Mortars 4.7%
CAGR 2024-2032 - Market by Application Method Wet/Spray Applied 4.4%
Market Share by Country 2023 Canada 3.1%

Asia Pacific is emerging as the largest market of concrete repair mortar and is expected to continue to dominate the market in the coming years. The growth of the market in the region is due to the fast-growing building and construction sectors especially in countries like China and India aided by the rapidly growing urbanization in these economies. Concrete repair mortar market has also been seeing steady growth in the US, Germany and Australia due to the increased demand from road and infrastructure maintenance sector.

Concrete Repair Mortar Market

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Market Segmentation

Concrete repair mortar is used to protect and mend concrete structures from the multiple causes of deterioration of the structures. They fortify and reinforce the buildings against corrosion and cracking while also providing protection against chemical attacks. It also maintains the balance of moisture content in the concrete.

Market Breakup by Type:

  • Cementitious Repair Mortars
  • Epoxy-Based Mortars

Due to cementitious mortar’s properties like its high tensile strength, adhesion and ease of use, it is the more popular concrete repair mortar of the two. It is also being increasingly preferred over epoxy-based cement mortar because it is eco-friendly as well as cost-efficient.

Market Breakup by Application Method:

  • Wet/Spray Applied
  • Hand/Trowel Applied
  • Form & Pour Applied

The manual method for the application of concrete repair mortar is the most popular method used in the market and is expected to continue being so in the future. This is due to its convenience, ease of availability and cost efficiency.

Market Breakup by End-Use:

  • Building and Parking Structure
  • Road Infrastructure
  • Marine
  • Utility
  • Others

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Concrete Repair Mortar Market by Segments

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Concrete repair mortar finds extensive end-use applications in sectors like road and infrastructure, building, marine structures and utility industries. It helps to renovate and restore old structures which suffer from wear and tear over time due to various environmental factors. Concrete repair mortar helps restore the architectural structure and integrity of old constructions.

CAGR 2024-2032 - Market by Country
India 5.3%
USA 3.9%
UK 3.7%
Germany 3.3%
Australia 3.1%
Canada XX%
France 3.1%
Italy XX%
China XX%
Saudi Arabia XX%
Brazil XX%
Mexico XX%
Japan 2.8%

Market Analysis

The global concrete repair will be aided by a rising preference for maintaining and repairing existing buildings over building new infrastructure and growing demand in the cement manufacturing industry for alternate cementation materials. Thus, building and car park sector dominates the demand for end-use applications of concrete repair mortars. With the increased focus on the upkeep and repair of transport infrastructure, road and infrastructure are the fastest emerging end-use application sector.

The rapidly growing demand for polymer-modified concrete (PMC) mortar is one of the major driving factors for the concrete repair mortar market. PMC is particularly used as a construction material due to its durability, bond and tensile strength, and permeability. It also fortifies the building by adding strength to the structures. It is widely used for patching, resurfacing and flooring, and is also used as overlays on both new and old bridges and roads.

Asia Pacific dominates the concrete repair mortar market due to the growth of the construction industry in India and China which have been focusing on repairing and maintaining the already existing infrastructure. Australia and Japan are the other leading markets in the region with a rising demand for concrete repair mortar.

Concrete Repair Mortar Market by Region

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Competitive Landscape

Sika bought a majority stake in a leading roofing and waterproof systems manufacturing company, Index Construction System and Products, in January 2018.

The report offers a detailed analysis of the following key players, covering their capacities, market share and latest turn of events such as mergers and acquisitions, capacity expansions and plant turnarounds in the global concrete repair mortar market:

  • Sika Limited
  • Fosroc, Inc.
  • Saint-Gobain Corporation
  • MAPEI Corporation
  • MBCC Group
  • Pidilite Industries Limited
  • Flexcrete Technologies Ltd
  • The Euclid Chemical Company

EMR’s comprehensive market report gives an in-depth insight into the market and provides a SWOT analysis of the market as well as an analysis of Porter’s five forces.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The major drivers of the industry such as growing construction sector, increasing investment in the development and maintenance of road infrastructure, rising demand for PMC (polymer modified cementitious) mortar, rapid urbanisation, and favourable government initiatives are expected to aid the market growth.

Increasing demand for environmental-friendly concrete repair mortars and growing demand in the cement manufacturing industry are the key market trends guiding the growth of the market.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Cementitious repair mortar is the leading concrete repair mortar type in the industry.

The major segments based on application methods are wet/spray applied, hand/trowel applied, form and pour applied.

The significant end-use segments of the product are building and parking structure, road infrastructure, marine, and utility, among others.

The major players in the industry are Sika Limited, Fosroc, Inc., Saint-Gobain Weber Group, BASF SE, Mapei Corporation, Pidilite MEA Chemicals LLC, MBCC Group, Flexcrete Technologies Ltd, The Euclid Chemical Company, Others.

The concrete repair mortar market is expected to grow at a CAGR of 4.20% during the forecast period of 2024-2032.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application Method
  • End-Use
  • Region
Breakup by Type
  • Cementitious Repair Mortars
  • Epoxy-Based Mortars
Breakup by Application Method
  • Wet/Spray Applied
  • Hand/Trowel Applied
  • Form & Pour Applied
Breakup by End-Use
  • Building and Parking Structure
  • Road Infrastructure
  • Marine
  • Utility
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Sika Limited
  • Fosroc, Inc.
  • Saint-Gobain Weber Group
  • MAPEI Corporation
  • MBCC Group
  • Pidilite MEA Chemicals LLC
  • Flexcrete Technologies Ltd
  • The Euclid Chemical Company
  • Others
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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124