Market Synopsis of Concrete Cooling Market
Concrete Cooling is required for mass concrete construction for like in dam construction projects to avoid the cracks in construction. The strength in concrete is developed by evolution of heat as the cement cures and hardens (heat of hydration). Increasing demand of Concrete Cooling Systems from regions with high temperatures are projected to drive the growth of the market in the future.
The increasing popularity of such Concrete Cooling Systems have led to the systems which are custom made and designed to best fit the applications and settings in which it will be used. The companies these days are highly tuned in to the needs of their clients such as strength, durability, and safety. The Global Concrete Cooling Market size was valued at around USD 900 million in 2015 and is expected to cross USD 1200 million by the end of the forecasted period.
Mass concrete construction requires concrete cooling solutions. Their demand is augmented from the regions with very high temperatures. Water cooling segment is projected to be the fastest growing segment because of availability of water in most regions of the world. It is also a cost-effective and easy method of concrete cooling. Highway construction segment will account for the largest market share as the cooling segments make the structure strong enough to last for years.
The report has analyzed the market based on the two segments: type and application in the regions of North America, Europe, APAC, Middle East and Africa and rest of the world. Fastest growing region in specialty films market is Middle East and Africa. Increasing demand of concrete cooling systems from regions with high temperatures are projected to drive the growth of this market. The global concrete cooling market is expected to cross USD 1200 Million at the end of the forecasted period at CAGR of approximately 5% by 2022.
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Key Players:
The key players of Concrete Cooling Market report include- Fujian Snowman Co., Ltd., North Star Ice Equipment Corporation, KTI-Plersch Kältetechnik GmbH, LINTEC Germany GmbH, Coldcrete Inc., ConCool LLC, Recom Ice Systems, Kirloskar Pneumatic Company Limited, Icelings, and Focusun Refrigeration Corporation.
Market Research Analysis:
The fastest-growing type segment of the Global Concrete Cooling Market is water cooling. The growth is attributed to easy availability of water and cost-effectiveness. The highway construction segment accounts for the largest market share. A few key factors in selecting the type of cooling system for highway construction are climate, architectural design and Local geography. The right Cooling method will help in improving the power of the concrete in long-term thereby making the structure strong enough to last for years.
Scope of the Report:
This study provides an overview of the Global Concrete Cooling Industry, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, Middle East and Africa and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global specialty films market as type and application. On the basis of type it is segmented as ice cooling, water cooling, air cooling and liquid nitrogen cooling. On the basis of application it is segmented as Infrastructure, Commercial, Industrial, and others.
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