Concrete Bonding Agents Market Segmentation:
Bonding Agent Type Segment Analysis
The cementitious latex-based segment in the concrete bonding agents market is poised to garner a share of approximately 55% over the forecast period. Due to the significant adherence, it provides to fresh concrete when it attaches to old concrete, a cementitious latex-based concrete bonding agent is considered to be the greatest bonding agent. Epoxy-based concrete bonding agents deliver higher strength and long-lasting bonding to concrete as compared to latex-based ones, however, due to latex-based products' low cost, they currently hold the top two positions on the global market for concrete bonding agents. Building surfaces such as columns, walls, and ceilings all employ the concrete bonding agent.
Application Segment Analysis
Concrete bonding agents market from the repairing segment is set to gather a share of about 50% over the projected period. A primary driver is a significant increase in the need for fixing historic buildings since they are widely employed in repair and restoration applications. Additionally, instead of dismantling and erecting a new structure, various national governments are concentrating their funds on repairing and re-establishing a structure that already exists. To retain the strength of the old-created surface, there is substantial demand for maintenance and restoration efforts to improve the structural integrity of bridges, roads, parking lots, and old infrastructure.
Our in-depth analysis of the global market includes the following segments:
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Bonding Agent Type |
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Application |
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End-User Industry |
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