Global Concrete Canvas Market

Global Concrete Canvas Market size was valued at US$ 328.3 Mn in 2019 and the total revenue is expected to grow at 11.5% through 2020 to 2026, reaching nearly US$ XX Mn.

The global Concrete Canvas market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Concrete Canvas report also provides trends by market segments, technology, and investment with a competitive landscape.

Global Concrete Canvas Market
Global Concrete Canvas Market Overview:

Concrete canvas is widely used in construction applications. Rising infrastructural investment in developing countries is expected to drive the market during the forecast period.
Global Concrete Canvas Market Dynamics:

Growing construction activities coupled with rapid urbanization and infrastructural development, especially in developing countries these factors drive the concrete canvas market growth. Low cost, easy to use, and easy to install features of the product is expected to fuel the market growth during the forecast period. Moreover, the concrete canvas is cheaper than conventional concrete and it offers a low logistical burden. Growing preference towards improvement in construction materials and technologies is creating lucrative opportunities for the market. Concrete canvas offers less carbon emissions, this, in turn, propels the market growth.

Concrete canvas has a lower degree of toughness as compared to other materials like steel and other alternatives are expected to be the challenging factor for the market. Lack of awareness about concrete canvas in low and middle-class countries is hampering the market growth. Limited budget to invest in infrastructural development in several countries is restrict the scope of the market in the forecast period.
Global Concrete Canvas Market Segment Analysis:

By Application, the concrete canvas market is segmented into ditch lining, slope protection, bund lining. The slope protection segment accounted for the largest share of more than 40% in terms of revenue in 2019. Concrete canvas is extensively utilized in slope protection applications thanks to various advantages offered by the product like fast construction, flexibility, and low-cost labor.

Global Concrete Canvas Market

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By End-User, the market is segmented into roadways infrastructure, railways. The railways segment accounted for the largest market share of over XX% in terms of revenue in 2019 thanks to it is widely used in the rail sector because of the simplicity of installation, decreased line possession, and improved safety offered by the product. Increasing government initiatives to grow the road and rail construction in developing countries is expected to boosts the market growth. For example, the government in India allocated USD 10.8 billion to develop national highways in 2019.

The roadways infrastructure segment was valued at USD 58.4 million in 2019 and is expected to reach USD 132.5 million by 2026. Concrete canvas is largely utilized in roadways infrastructure as a cost-effective alternative to conventional concretes for a wide range of projects in various applications like a ditch and channel lining for water management.

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Global Concrete Canvas Market Regional Insights:

Asia Pacific is dominating the Global Concrete Canvas Market

The Asia Pacific accounted for the largest market share of more than 37.8% in terms of revenue in 2019 thanks to rising product demand because of the presence of various developing countries in the region along with rising road and highway construction in several countries including India, Japan, and China.

Strict government regulations regarding building green and sustainable buildings are driven by the product demand in Europe. For example, the European government has started a Green Building program to increase awareness and investment in energy efficiency.
North America is expected to dominate the Global Concrete Canvas Market

North America is expected to be the second-largest region of the concrete canvas market. This growth is attributed to the growing adoption of concrete canvas in erosion and containment control applications in the petrochemical industry. Increasing shale gas exploration in the U.S. is expected to increase the growth of the petrochemical industry is further propelling the product demand in the region.

In Central and South America the concrete canvas market is expected to witness significant growth during the forecast period. Economic growth and rising petrochemical production are the major factors that drive the market growth in the region. Additionally, increasing government investments in road infrastructure is further boosts the product demand. For example, the government of Brazil has auctioned various infrastructural projects including 12 airports and 27 other assets.

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The objective of the report is to present a comprehensive analysis of the Global Concrete Canvas market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Concrete Canvas market dynamics, structure by analyzing the market segments and project the Global Concrete Canvas market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Concrete Canvas market make the report investor’s guide.

For More Information Visit :

Global Concrete Canvas Market: Industry Analysis and Forecast (2020-2026) by Application, End-User, and Region.

Global Concrete Canvas Market Scope:
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Global Concrete Canvas Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Concrete Canvas Market Key Players

• Concrete Canvas Ltd
• Milliken & Company
• Bekaert
• The Euclid Chemical Company
• Nycon
• Sika AG
• Titan Environmental Containment.
• LafargeHolcim
• Duraamen Engineered Products, Inc.
• Flowcrete Group Ltd.
• LATICRETE International, Inc.
• CTS Cement Manufacturing Corporation
• TCC Materials
• Larsen Building Products
• GCT Gulf Concrete Technology
• Sakrete
• Arkema Group
• Saint-Gobain
• Others

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