Global Concrete Cooling Industry was valued at USD 1.05 Billion in the year 2017. Global Concrete Cooling Industry is further predicted to grow at a CAGR of 7.17% from 2017 to reach USD 1.82 Billion by the year 2025. Middle East region holds the highest Industry share in 2017 and is considered as the fastest growing Industry in the forecasted period. The major driving factors are rapidly growing infrastructure Industry.
Global Concrete Cooling Industry Share by 2025
The major players in global Concrete Cooling Industry are Coldcrete Inc., Kirloskar Pneumatic Company Limited, Recom Ice Systems, LINTEC Germany GmbH, ConCool LLC, Focusun Refrigeration Corporation, Fujian Snowman Co. Ltd., Kti-Plersch Kältetechnik GmbH, North Star Ice Equipment Corporation, Icelings and more 12 companies detailed information is provided in research report. Growing R&D investments to provide changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top companies in recent years.
SWOT Analysis of Global Concrete Cooling Industry
Investments in Infrastructure in Middle East Region
Favorable climatic condition
Low chances of growth in developed countries.
Increasing demand for increasing infrastructure industry
Durability and quality issues
The Global Concrete Industry is segmented by substance type, by application, and by region in the projected years. Amongst numerous substance Type, Water Cooling segment is expected to hold the highest Industry share because of the growing popularity, usage, and availability during the forecast period. On the other hand by application type, Highway Construction segment for this Industry is expected to grow at the highest CAGR during the year 2018-2025.
Concrete Cooling Industry Overview By Application
Dams & Locks
Nuclear Plant Construction
Concrete Cooling Industry Overview By Substance Type
Liquid Nitrogen Cooling
Concrete Cooling Industry Overview By Region
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa