Report ID: SQMIG15F2029
Report ID:
SQMIG15F2029 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
61 |
Figures:
75
Driver
A growing population and climate change are increasing the need for structural repairs and cracking and weakening of buildings. Generally, the durability of a concrete house is considered to be about 50 years; however, extreme weather and rain can reduce the strength of the building material, putting the safety of the residents at risk. Such fillers can add additional strength to walls and enhance the structure of concrete, thus they are increasingly preferred for repairs. With the growing population, durable and sustainable spaces are required and hence this material is gaining popularity in the field of building rehabilitation. Construction safety and the need for weather-resistant housing are driving the revenue growth of the market.
Restraint
Concrete crack fillers chemicals are used to fill cracks and are usually made using epoxy resin. Epoxy resin products are too expensive and they do not work on wet surfaces. Also, waterproofing is done at the same time to ensure maximum water resistance, which increases the cost of the entire service. This process requires trained professionals, and also labour cost is a factor in this service. Due to high installation costs and materials, the demand for concrete crack fillers products decreases, this factor hampers the growth of the market.
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Report ID: SQMIG15F2029