Concrete Cooling Market Growth Drivers and Challenges:
Growth Drivers
- Increasing Need for Concrete Cooling in Industrial Sector- Industrialization is expected to grow dramatically in the future years. It is a critical component that would create ample growth opportunities for the concrete cooling sector. The expansion of industrialization is poised to fuel the building industry, and concrete projects are expected to provide the substantial potential for the market. Since the fourth quarter of 2021, worldwide industrial production has grown at a consistent annual rate of 3 to 4%. This transformed in the fourth quarter of 2022 when growth slowed significantly to 1.5 percent.
- Increased Expenditure in Residential Projects owing to Higher Demand for Own Properties - The worth of public residential building spending in the United States surged dramatically between 2002 and 2021. The public sector was expected to invest $10 billion USD in residential construction initiatives in 2021.
- Increase in Global Population- With the growing global population and fast urbanization, there is an enormous rise in constructions and properties, which propels the market for Concrete Cooling. From a projected 2.5 billion individuals in 1950, the worldwide human population surpassed 8.0 billion in mid-November 2022, a spike of 1 billion since 2010 and 2 billion since 1998.
- Real Estate Expansion - According to recent predictions, the global revenue of real estate enterprises reached USD 9.5 billion in 2021.
- Rising Commercial Building Construction- As per the Buildings Energy Consumption Survey (CBECS), the United States had roughly 5.9 million commercial buildings in 2018. Furthermore, the overall number of commercial establishments has risen by 6% since the last CBECS in 2012.
Challenges
- Air pollutants Caused by Concrete - Improper curing procedures, as well as environmental problems caused by the production of carbon dioxide and other gases, impede the market growth. A substantial volume of carbon dioxide (CO2) gets released into the atmosphere. This further pollutes the air, water, and land, as well as having a detrimental effect on human health. As a result, this factor is expected to stifle market expansion.
- Unstable Economy and Unorganized Nature of the Construction Sector
- Lower Demand in Developed Colder Countries
Concrete Cooling Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Period |
2026-2035 |
|
CAGR |
7.1% |
|
Base Year Market Size (2025) |
USD 1.37 billion |
|
Forecast Year Market Size (2035) |
USD 2.72 billion |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of concrete cooling is evaluated at USD 1.46 billion.
The global concrete cooling market size was worth over USD 1.37 billion in 2025 and is poised to grow at a CAGR of around 7.1%, reaching USD 2.72 billion revenue by 2035.
Asia Pacific captures a 40% share in the concrete cooling market by 2035, driven by increasing construction activities, hot environmental conditions, and rising demand for concrete cooling in infrastructure projects.
Key players in the market include Plersch Kältetechnik GmbH, Fujian Snowman Co., Ltd, Coldcrete Inc., ConCool Concrete Cooling Systems, North Star Ice Equipment, The Kirloskar Group, Holcim Ltd, LINTEC Corporation, Chirag Ice Factory Pvt Limited, Recom Ice Systems B.V., Focusun Refrigeration (Shanghai) Corporation.
