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Concrete Cooling Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Concrete Cooling Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024


Sarasota, FL -- (SBWIRE) -- 09/13/2018 -- Global Concrete Cooling Market: Overview

Concrete cooling plays a vital role because of the importance concrete has in almost every construction process. It is a technology used to reduce the temperature of the poured concrete up to a certain level, so as to maintain the quality of the concrete. When the poured concrete cures or hardens, a minimum favorable temperature in the range of 10 – 21ºC must be maintained. The concrete loses its strength if it is cured above the temperature level, thus, leading to an increase in cracking. The process is mainly used for projects where more concrete is used in regions with warm climates.

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Global Concrete Cooling Market: Growth Factors

The global concrete cooling market is expected to be mainly driven by the expansion in the construction and building industry. Concrete cooling is majorly used in the regions with warm climates, which is anticipated to propel the market in the Middle Eastern countries. Also, economic growth in the developing nations in order to enhance infrastructural development is likely to act as a major driving factor for the concrete cooling market. However, lack of opportunities in the regions with low-temperature conditions is projected to be one of the hindering factors hampering market growth. Moreover, one of the major environmental concerns is the release of carbon dioxide and other harmful gases during concrete manufacturing. In order to prevent such emissions, the governments worldwide are imposing certain regulations, which are likely to pose a challenge for the global concrete cooling market.

Global Concrete Cooling Market: Segmentation

The global concrete cooling market can be divided into types, applications, and regions. Based on the type, the market can be classified as ice cooling, water cooling, air cooling, and liquid nitrogen cooling. The water cooling segment is anticipated to be leading in the global market owing to increased use across various applications due to its cost-effectiveness, ease of use, and simple functionality and availability. The global concrete cooling market has its applications in various segments like infrastructure, commercial, industrial, and others. Among these, the highway construction segment is projected to be the fastest-growing application segment over the coming years. This growth is expected to facilitated by the increasing implementation of the process to cure building materials, which helps to develop its strength, thereby, leading to a rise in the demand for the global concrete cooling market.

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Global Concrete Cooling Market: Regional Analysis

Geographically, the Middle East is projected to dominate the global concrete cooling market lead by Saudi Arabia, UAE and Qatar owing to extremely hot climatic conditions and infrastructure development opportunities. The market in North America and Europe, led by the U.S., UK, Germany, France, and Italy is likely to expect moderate gains through the coming years owing to the infrastructural development in the regions. The Asia Pacific is expected to witness a significant growth in the demand led by regions like China, India, and Japan providing attractive opportunities in terms of infrastructural growth and rapid expansion of the building and construction industry.

Global Concrete Cooling Market: Competitive Players

Some of the most important market players in the global concrete cooling market are LINTEC Germany GmbH, Kirloskar Pneumatic Company Limited, Fujian Snowman Co. Ltd., KTI-Plersch Kältetechnik GmbH, Coldcrete Inc., Recom Ice Systems, and ConCool LLC among others.

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Global Concrete Cooling Market: Regional Segment Analysis

North America
The U.S.
The UK
The Asia Pacific
Latin America
The Middle East and Africa

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