DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Concrete Cooling Market by Type (Water Cooling, Ice Cooling, Air Cooling, Liquid Nitrogen Cooling), Application (Highway Construction, Dams & Locks Construction, Port Construction, Nuclear Plant Construction) and Region - Global Forecast to 2026" report to their offering.
The global concrete cooling market was valued at USD 936.0 Million in 2015 and is projected to reach USD 1,722.4 Million by 2026, at a CAGR of 5.7% from 2016 to 2026.
This growth is mainly attributed to the increasing demand for concrete cooling systems in Middle East countries and countries across the world that have high temperatures. Concrete cooling is a technique which is used for reducing the temperature of poured concrete to a certain level to maintain the characteristic temperature of the concrete. It is mainly used for projects in parts of the world with warm climates where large amounts of concrete are used. The temperature of concrete is mostly affected by the water that is used in the hydration process. Thus, concrete cooling methods usually involve cooling the mixing water prior to hydration. Usually, different combinations of concrete cooling are used at a construction site.
The water cooling segment in the concrete cooling market accounted for the largest share in 2015. There is a steep increase in the usage of water cooling systems across several applications due to its simple functionality, availability, and cost-effectiveness.
Among all applications, highway construction holds the largest market share, in terms of value, as of 2015. Concrete cooling systems are ideal for regions that have a warm climate. Due to this, demand from the Middle East region is the highest. The various applications of concrete cooling use these solutions to cure concrete which would help improve strength of concrete in the long-term, thus making the structure strong enough to last for years after construction. Thus, this would lead to an increase in the demand for concrete cooling solutions in the highway construction application segment.
- Demand From the Middle East Region
- Ideal for Regions Having Warm Climatic Conditions
- Lack of Opportunities in the North American and European Market
- Usage of Liquid Nitrogen for Cooling Fresh Concrete
- Improper Concrete Curing May Result in Cracking and Not Undergo Full Hydration
- Coldcrete Inc.
- Concool, LLC
- Focusun Refrigeration Corporation
- Fujian Snowman Co., Ltd.
- Kirloskar Pneumatic Company Limited
- Kti-Plersch Kältetechnik GmbH
- Lintec Germany GmbH
- North Star Ice Equipment Corporation
- Other Key Players
- Recom Ice Systems
For more information about this report visit http://www.researchandmarkets.com/research/9bkdz8/concrete_cooling