Market research future published a half-cooked research report on global thin wall packaging market. The concrete surface retarders market is expected to grow over the CAGR of around 4.5% during the period 2018 to 2023.
Market Highlights
The global concrete surface retarders market is anticipated to witness sustainable growth throughout the forecast period. Increased consumption of concrete surface retarders products in Asia-Pacific, the booming construction industry and supportive government regulations & initiatives, is further expected to improve sales prospects. However, impact on the environment, fluctuation in raw material prices and unavailability of skilled labor, also hinder the growth of the market.
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Europe region, to see a gradual increase in the concrete surface retarders market over the forecast period
Based on region, the global concrete surface retarders market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Europe region dominated the global market, followed by North America, primarily due to the increasing manufacturing of concrete surface retarders as well as the leading consumers of such products. The rise in construction industry is attributed to private housing, commercial and infrastructure construction growth coupled with overwhelming growth in privately funded projects in the healthcare sector. Moreover, various benefits of concrete surface retarders such as low cost, high durability, easy to transport and easy installation, has further enhanced the demand for this market.
Commercial segment, to occupy a dominant position in the overall concrete surface retarders market
Based on application, the commercial segment is expected to exhibit maximum growth rate from 2018 to 2023, due to its widespread use in commercial construction, in concrete segment joints, façade cladding, and many others. This segment includes commercial complexes, hotels, malls, and gyms, dominates the concrete surface retarders market, owing to the rapid urbanization and commercialization in emerging economies such as China and India. Concrete surface retarders for commercial construction is expected to see the fastest growth due to design flexibility, sound attenuation properties, and low maintenance requirement.
Scope of the Report
This study provides an overview of the global concrete surface retarders market, tracking three market segments across four 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 and the rest of the world (ROW). 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 concrete surface retarders market by material, by type, by application, and by region.
Key Players
The prominent players in the concrete surface retarders market are Sika AG (Switzerland), BASF SA (Germany), Mapei AS (Italy), CEMEX S.A.B. de C. V (Mexico), GCP Applied Technologies (US), The Euclid Chemical Company (US), W. R. Meadows (US), Fosroc (UAE), Parchem Construction Supplies, and RussTech, Inc. among others.
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This article was written together with the contractor in thoughts -- especially contractors new to surety bonding and public bidding.
While there are many sorts of surety bonds, we're going to become focusing right here on contract surety, or the kind of bond you'd want when bidding on a public performs contract/job.
(face amount ordinarily equals the dollar level of the contract.)
The surety has various "remedies" out there to it for project completion, and they contain hiring a further contractor to finish the project, financially supporting (or "propping up") the defaulting contractor via project completion, and reimbursing the project owner an agreed quantity, up to the face quantity of the bond.On publicly bid projects, you will find frequently 3 surety bonds you may need: 1) the bid bond, 2) overall performance bond, and 3) payment bond.
The bid bond is submitted with your bid, and it gives assurance for the project owner (or "obligee" in surety-speak) that you just will enter into a contract and deliver the owner with overall performance and payment bonds when you are the lowest responsible bidder.
The payment bond guarantees that you just, because the basic or prime contractor, will pay your subcontractors and suppliers constant with their contracts with you.It really should also be noted that this 3 party arrangement can also be applied to a sub-contractor/general contractor relationship, where the sub supplies the GC with bid/performance/payment bonds, if essential, plus the surety stands behind the guarantee as above.OK, wonderful, so what's the point of all this and why do you may need the surety guarantee in 1st place?First, it's a requirement -- at the very least on most publicly bid projects.
