Global Concrete Cooling Market was valued at US$ 1.10 Bn in 2019 and is expected to reach 1.65 Bn by 2027, at a CAGR of 5.96 % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Concrete Cooling Market
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Global Concrete Cooling Market Dynamics:
An increase in the usage of cooling agents in the manufacturing concrete to enhance its properties is expected to drive global concrete cooling market growth. To control volume change, tempted primarily by temperature change in mass concrete is expected to increase the need for the development of cooling and insulating systems for usage in mass concrete construction.
On the other hand, Carbon dioxide released by the process of concrete manufacturing, can affect the environment. With carbon dioxide, other harmful gases like sulfur dioxide, nitrogen oxides, and mercury are also released during manufacturing of concrete. To inhibit such emissions, governments are commanding regulations on concrete manufacturing, which can limit the growth in the global concrete cooling market.
Global Concrete Cooling Market Segment
The liquid nitrogen segment is estimated to share significant growth in the global concrete cooling market. Defined temperature control, water/cement ratio remains unchanged, informal and reliable metering, higher cooling rates and heat capacity transfer, higher energy utilization, and low investment costs are some of the benefits that can be offered by liquid nitrogen used for concrete cooling.
The global concrete cooling market is witnessing significant growth by the water cooling segment. The increasing dependence on cooling agents is expected to drive the growth in the concrete cooling system market. Concrete cooling is essential owing to holds tensile strength and performance over hot concrete. Additionally, water does not vanish at a greater rate owing to its cooling quality. It has its widespread application in highway construction, dams & locks, port construction, and nuclear plant construction. Increasing demand for indoor air quality is a key driver in the growth of the global concrete cooling market.
The highway construction segment is expected to lead the global concrete cooling market during the forecast period. The concrete cooling system market will experience significant growth by the highway construction segment during the forecasted period. Concrete cooling systems are ultimate for regions, which have a warm climate. The numerous applications of concrete cooling usage these solutions to preserve concrete, which is expected to help enhance the strength of concrete in the long-term. These factors are expected to increase in the demand for concrete cooling solutions in the highway construction application segment.
Global Concrete Cooling Market Regional Insights:
In terms of geography, the Middle East & Africa region is expected to grow at a high rate of CAGR during the forecast period. The rapid expantion of the construction industry and the growing number of construction activities are expected to drive the growth in the concrete cooling market in the region. The robust infrastructural growth witnessed from the last few years, and positive stand maintained by the governments to boost the building and construction industry is expected to increase the demand for concrete cooling systems in the region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global concrete cooling market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global concrete cooling market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Scope of the Report for Global Concrete Cooling Market Report: Inquire before buying
Global Concrete Cooling Market, By Type
• Water Cooling
o Water Chilling Plant
o Cold Water Tank
o Aggregate Cooling With Water
• Ice Cooling
o Flake Ice
o Ice Storage Bin
• Air Cooling
o Aggregate Cooling With Air
o Sand Cooling With Air
• Liquid Nitrogen Cooling
Global Concrete Cooling Market, By Application
• Highway Construction
• Dams & Locks
• Port Construction
• Nuclear Plant Construction
Global Concrete Cooling Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in the Global Concrete Cooling Market:
• Kirloskar Pneumatic Company
• KTI-Plersch Kältetechnik GmbH
• Coldcrete Inc.
• Fujian Snowman Co., Ltd.
• Focusun Refrigeration Corporation
• ConCool LLC
• Lintec Germany
• Lintec & Linnhoff Holdings Pte Ltd
• North Star Ice Equipment
• Dryvit Systems, Inc.
• Recom Ice Systems
• Taiwan Cement Ltd.
This Report Is Submitted By : Maximize Market Research Company
Maximize Market Research:
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