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Torrance, California, USA -As per MarkWide Research’s latest study, Concrete repair mortars market industry will grow at a CAGR of 5.94% during the period of 2022 – 2030.
A concrete repair mortar is used for the repair & maintenance of old or deteriorated buildings and infrastructure, as well as for repairs and maintenance of structures. Repair mortar for concrete extends the life of existing infrastructure and saves the cost of contructing new infrastructure in the long run. A repair mortar is a product that is specifically designed to restore or replace the original profile and structure of concrete that has been damaged. They are an important part of the process of repairing concrete defects, improving its appearance, restoring structural integrity, increasing durability, and extending the life of the structure.
The impact of COVID-19 on the global market for concrete repair mortars
As a result of the outbreak of COVID-19 pandemic, economies around the globe have been disrupted. COVID-19 has a significant impact on the construction industry, which will be discussed in the following sections.
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As the population grows, there is an increasing strain on the existing infrastructure due to population growth
In Europe, there are stringent regulations that must be followed
Renewable energy generation is on the rise due to a shift in trends
As a replacement for repair materials, new construction technologies are taking over the construction industry
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Concrete repair mortars market Major Players Covered:
Concrete repair mortars market Segmentation Analysis:
Concrete repair mortars market Geographical Segmentation Includes:
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