What is the global market size of Concrete Crack Fillers Market?

Concrete Crack Fillers Market size was valued at USD 2.18 billion in 2021 and is poised to grow from USD 2.35 billion in 2022 to USD 4.18 billion by 2030, growing at a CAGR of 7.5% in the forecast period (2023-2030).

Concrete Crack Fillers Market Size, Share, Growth Analysis, By Type(Plastic shrinkage concrete cracks filler and Hardened concrete cracks filler), By Application(Highway, Bridge, Building), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Concrete Crack Fillers Market?

Global concrete crack fillers market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global market. '3M Company', 'BASF SE', 'Sika AG', 'Rust-Oleum Corporation', 'The Dow Chemical Company', 'Akzo Nobel N.V.', 'Fosroc International Limited', 'W.R. Meadows, Inc.', 'Saint-Gobain S.A.', 'Mapei S.p.A.', 'Euclid Chemical Company', 'Simpson Strong-Tie Company Inc.', 'Bostik SA', 'ITW Polymer Sealants North America', 'Adhesives Technology Corporation', 'Dayton Superior Corporation', 'The Euclid Chemical Company', 'Tremco Incorporated', 'The QUIKRETE Companies, Inc.', 'Flexcrete Technologies Limited'

Q: Which region accounted for the largest share in Concrete Crack Fillers Market?

On the basis of region, global concrete crack fillers market is divided into North America, Europe, Asia Pacific, and MEA. Asia Pacific dominated the global market due to factors such as easier large manufacturing facilities and cheaper labour availability. China exports cement-related materials and the country is a leader in this sector. Also, the growing number of hydropower projects in developing regions of Asia is encouraging the use of the product to maintain dams and projects. Besides, Pidlite Industries Ltd. (India) and Mitsubishi Materials Corporation (Japan) are increasing the supply of cement-related materials. Due to large manufacturing and hydropower projects, this region is driving the revenue growth of the market.

Report ID: SQMIG15F2029 | Region: Global | Published Date: April, 2024
Pages: 184 | Tables: 61 | Figures: 75

Concrete Crack Fillers Market News

In April 2024, Heartland Paving Partners ("Heartland"), a top provider of commercial asphalt and concrete maintenance and repair services, has revealed its acquisition of S&K Asphalt and Concrete ("S&K"), a well-known paving contractor based in Akron. This move signifies Heartland's fourth acquisition since its establishment in July 2022 and signifies the company's strategic penetration into the Ohio market.
In March 2024, DryShield Water Solutions, a prominent provider of waterproofing and foundation repair services, is excited to unveil its extended range of services in Toronto. The expansion now encompasses comprehensive basement waterproofing and concrete crack repair solutions.
In July 2023, Aquajet unveiled new accessories for the Aqua Cutter 750V, featuring patented infinity oscillation technology. The Extension Kit extends the reach of the 750V for various applications like bridges, berths, piers, and wastewater plants. Meanwhile, the Rotolance facilitates surface preparation on steel bridges, roadways, pipes, tunnels, and other surfaces. Additionally, the Hybrid Kit 3.0 enables the conversion of the diesel-powered 750V to electric, ideal for situations where diesel usage is restricted due to noise or emission regulations.

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Concrete Crack Fillers Market size was valued at USD 2.35 billion in 2022 and is poised to grow from USD 2.53 billion in 2023 to USD 4.51 billion by 2031, at a CAGR of 7.50% during the forecast period (2024-2031).

concrete crack fillers market is highly competitive with the presence of local as well as companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of market. '3M Company', 'BASF SE', 'Sika AG', 'Rust-Oleum Corporation', 'The Dow Chemical Company', 'Akzo Nobel N.V.', 'Fosroc International Limited', 'W.R. Meadows, Inc.', 'Saint-Gobain S.A.', 'Mapei S.p.A.', 'Euclid Chemical Company', 'Simpson Strong-Tie Company Inc.', 'Bostik SA', 'ITW Polymer Sealants North America', 'Adhesives Technology Corporation', 'Dayton Superior Corporation', 'The Euclid Chemical Company', 'Tremco Incorporated', 'The QUIKRETE Companies, Inc.', 'Flexcrete Technologies Limited'

Need for construction repair

With the increasing demand for non-fossil fuel electricity sources, hydropower is being used more frequently to provide electricity, resulting in an increase in the construction of large dams, hydroelectric turbines, and projects. Constant interaction with water causes these structures to crack and get worse, which increases the consumption of the product. Increasing focus on hydropower plants is the key trend driving the market growth.

On the basis of region, concrete crack fillers market is divided into North America, Europe, Asia Pacific, and MEA. Asia Pacific dominated the market due to factors such as easier large manufacturing facilities and cheaper labour availability. China exports cement-related materials and the country is a leader in this sector. Also, the growing number of hydropower projects in developing regions of Asia is encouraging the use of the product to maintain dams and projects. Besides, Pidlite Industries Ltd. (India) and Mitsubishi Materials Corporation (Japan) are increasing the supply of cement-related materials. Due to large manufacturing and hydropower projects, this region is driving the revenue growth of the market.

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Concrete Crack Fillers Market Size, Share, Growth Analysis, By Type(Plastic shrinkage concrete cracks filler and Hardened concrete cracks filler), By Application(Highway, Bridge, Building), By Region - Industry Forecast 2024-2031

Concrete Crack Fillers Market News

Concrete Crack Fillers Market Report Snapshots

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What is the market size of Concrete Crack Fillers Market?

Who are the key vendors in the Concrete Crack Fillers Market?

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Which region accounted for the largest share in Concrete Crack Fillers Market?

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