Market Highlights
Increasing demand of concrete cooling systems from regions which have high temperatures and the Middle East region which require large amounts of concrete are anticipated to drive the growth of the market. The largest market share in the global concrete cooling market is accounted by Highway construction application. The UAE, Qatar and Saudi Arabia headed the Middle East concrete cooling market in 2015 in terms of consumption.
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The global Concrete Cooling industry is estimated to grow up to USD 1200 Million by 2022 and attain a CAGR of approx. 5% by the end of the forecasted period. The rapid development in concrete construction is acting as a major driver in growth of concrete cooling market.
Drivers of Concrete Cooling Market
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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Key Players
The key players of global 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.
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