The Crack Free Concrete Global Market Report 2023, provides comprehensive information on the crack free concrete market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global crack free concrete market is expected to grow from $126.05 billion in 2022 to $134.2 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The crack free concrete market is expected to reach $165.56 billion in 2027 at a CAGR of 5.4%.
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Product innovation is the key trend gaining popularity in the crack-free concrete market. Major companies operating in the crack-free concrete market are focused on developing innovative products to strengthen their position in the market. In October 2021, Jogani Reinforcement, an India-based engineering fiber and fabrics company, launched polyfiber 3S, a new generation of concrete and construction fiber for durable and crack-free infrastructure in India. In all construction-related areas, this cutting-edge micro-synthetic fiber guarantees durability and high standards. The mortar or concrete is more ductile and gains tensile reinforcement from this. A further benefit of these fibers is that they support the concrete in all three dimensions, making the building sturdy and crack resistant.
The crack free concrete market is segmented:
1) By Type: Conventional Aggregate, Lightweight Aggregate, Other Types
2) By Mix design: Shrinkage Reducing Admixtures, Shrinkage Compensating Cement
3) By Reinforcement: Carbon Nano Fibers, Asphalt, Rubber, Other Reinforcements
4) By Application: Industrial, Construction, Other Applications
North America was the largest region in the crack free concrete market in 2022.
The table of contents in TBRC’s crack free concrete market report includes:
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