Slab Repair Products Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | > 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Slab Repair Products Market Analysis
The global slab repair products market is expected to grow with a CAGR greater than 6% during the forecast period. One of the major factors driving the market is the growth In the revitalization of public infrastructure projects. However, the lack of market penetration in developing economies is hindering the growth of the market studied.
- Europe is expected to witness the highest market share during the forecast period.
- Among the product types, polyurethane products are likely to account for the highest growth rate during the forecast period.
Slab Repair Products Market Trends
This section covers the major market trends shaping the Slab Repair Products Market according to our research experts:
Polyurethane Products to Witness the Highest Growth Rate
- Flooring compounds are mostly polyurethane-based. Typically static cracks and live cracks are filled with a flexible material, such as polyurethane. Moreover, they may be transformed into movement joints by cutting or bandaging, and sealing with flexible sealants.
- Cracks subject to water ingress can be filled using polyurethane that reacts to the presence of water to form foam or to create a complete seal. These systems do not bond to the concrete.
- Polyurethane can be applied using a variety of impregnations, coatings, coverings, and membranes. The subdued economic forecasts in many countries make it imperative to use cost-efficient materials in the commercial and civil construction sectors.
- Polyurethane repair systems have been proven to be a much cost-effective method to repair, restore, and rehabilitate concrete structures versus more traditional practices with mechanical or cementations materials.
- Hence, owign to the above-mentioned reasons, polyurethane slab repair products are likely to witness the highest growth rate during the forecast period.
Europe to Dominate the Market
- Currently, Europe accounts for the highest share of global slab repair products market
- The majority of the demand for slab repair products in Europe comes from United States, Germany, and France.
- Although the market is somewhat finite in scope, it is diverse to address the niche.
- The combination of their cost-effectiveness and the financial pragmatism behind repairing versus rebuilding is the central reason why they are forecasted to grow at over a high rate annually in the coming years despite the projected slump in construction activity.
- Hence, owing to the above-mentioned reasons, Europe is expected to dominate the market studied during the forecast period.
Slab Repair Products Industry Overview
The global slab repair products market is moderately consolidated as the most of the market share is divided among few players. Some of the key players in the market include BASF SE, SILPRO, Sika AG, SABIC, and The Sherwin-Williams Company, among others.
Slab Repair Products Market Leaders
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BASF SE
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SILPRO
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SABIC
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The Sherwin-Williams Company
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Sika AG
*Disclaimer: Major Players sorted in no particular order
Slab Repair Products Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Growth In Revitalization Of Public Infrastructure Projects
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4.1.2 Other Driverss
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4.2 Restraints
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4.2.1 Lack of Market Penetration in Developing Economies
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4.2.2 Impact of COVID-19 Pandemic
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4.3 Industry Value-chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Product Type
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5.1.1 Polyurethane
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5.1.2 Epoxy
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5.1.3 Polyacrylate
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5.1.4 Cementitious
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5.1.5 Other Product Types
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5.2 End-user Industry
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5.2.1 Buildings
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5.2.2 Roads, Pavements, and Tunnels
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5.2.3 Railways
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5.2.4 Dams
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5.2.5 Other End-user Industries
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5.3 Geography
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5.3.1 Asia-Pacific
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5.3.1.1 China
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5.3.1.2 India
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5.3.1.3 Japan
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5.3.1.4 South Korea
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5.3.1.5 ASEAN Countries
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5.3.1.6 Rest of Asia-Pacific
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5.3.2 North America
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5.3.2.1 United States
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5.3.2.2 Canada
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5.3.2.3 Mexico
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5.3.3 Europe
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5.3.3.1 Germany
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5.3.3.2 United Kingdom
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5.3.3.3 Italy
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5.3.3.4 France
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5.3.3.5 Rest of Europe
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle-East and Africa
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5.3.5.1 Saudi Arabia
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5.3.5.2 South Africa
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5.3.5.3 Rest of Middle-East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 BASF SE
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6.4.2 LafargeHolcim
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6.4.3 SABIC
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6.4.4 Schomburg
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6.4.5 Sika AG
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6.4.6 SILPRO
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6.4.7 The Sherwin-Williams Company
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6.4.8 Western Specialty Contractors
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Slab Repair Products Industry Segmentation
The slab repair products market report includes:
| Product Type | |
| Polyurethane | |
| Epoxy | |
| Polyacrylate | |
| Cementitious | |
| Other Product Types |
| End-user Industry | |
| Buildings | |
| Roads, Pavements, and Tunnels | |
| Railways | |
| Dams | |
| Other End-user Industries |
| Geography | ||||||||
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Slab Repair Products Market Research FAQs
What is the current Slab Repair Products Market size?
The Slab Repair Products Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Slab Repair Products Market?
BASF SE, SILPRO, SABIC, The Sherwin-Williams Company and Sika AG are the major companies operating in the Slab Repair Products Market.
Which is the fastest growing region in Slab Repair Products Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Slab Repair Products Market?
In 2024, the Europe accounts for the largest market share in Slab Repair Products Market.
What years does this Slab Repair Products Market cover?
The report covers the Slab Repair Products Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Slab Repair Products Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Slab Repair Products Industry Report
Statistics for the 2024 Slab Repair Products market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Slab Repair Products analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
