Concrete Work Market Forecast 2023-2032: Market Size, Drivers, And Trends

The Concrete Work Global Market Report 2023, provides comprehensive information on the concrete work 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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https://www.thebusinessresearchcompany.com/report/concrete-work-global-market-report

The global concrete work market size is expected to grow from $361.24 billion in 2022 to $391.61 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. 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 global concrete work market size is expected to reach $524.82 billion in 2027 at a CAGR of 7.6%.

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Technological advancements are a key trend gaining popularity in the concrete work market. Major companies operating in the concrete work market are adopting new technologies to sustain their position in the market. For instance, in February 2023, ACC Limited, an India-based concrete producer, developed Coolcrete, a temperature–controlled concrete. The technologically advanced product is designed to control the internal temperature of concrete during mass concreting or large pours by minimizing the heat of hydration. This helps mitigate the risk of thermal cracking and delayed ettringite formation, ensuring the concrete meets the specified temperature limits.

The concrete work market is segmented:

1) By Type: Dry Or Semi-Dry Concrete, Wet Concrete

 

2) By Construction Type: Elemental Constructions, Permanent Modular Building, Relocatable Buildings

 

3) By Application: Structural Building Components, Architectural Building Components, Transportation Products, Waste And Waste Handling Products, Other Applications

 

4) By End-Use Industry: Residential, Non-Residential

Asia-Pacific was the largest region in the concrete work market in 2022.

 

The table of contents in TBRC’s concrete work market report includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis

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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players. 

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