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Concrete Cooling Market is expected to witness steady expansions during 2019 to 2024, Leading Players: Coldcrete, Fujian Snowma, Icelings

Author : Rahul Varpe | Published Date : 2019-04-05 

Global Market Insights provides a detailed overview of Concrete Cooling market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Concrete Cooling market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

North America, led by U.S. concrete cooling market size, expects moderate gains throughout the forecast period owing to low temperature conditions in the region. The residential and commercial buildings don’t require much of the products to be installed to keep the temperature of the structure at a lower range. Europe concrete cooling market size, led by France, Germany, UK and Italy infrastructure development, must witness moderate gains over the forecast period.

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Concrete water cooling system is fastest growing segment in the market, by type due to its attributes like simple functionality, availability and cost effectiveness. In Middle-East, demand for water cooling systems has grown across diverse segments, hence creating opportunity for industry growth. Technological innovations in the product portfolio is another driver for industry growth, KTI, a Germany based company, uses film evaporators instead of using shell and tube heat exchangers to increase product efficiency.

Global concrete cooling market share is diverse in nature including upstream players, raw material suppliers, downstream stakeholders, end-users, vendors and government organization. Some key players are:

  • KTI-Plersch Kältetechnik GmbH
  • Coldcrete
  • Fujian Snowma
  • Kirloskar Pneumatic
  • Icelings
  • North Star Ice Equipment Corp
  • Focusun Refrigeration Corp.

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Construction industry in APAC was valued at over USD 1.5 billion in 2015 and is forecast to grow at a rate of 5% CAGR by 2024. APAC, led by India, Japan and China concrete cooling market size is likely to witness steady gains over the forecast timeframe.

Middle East, led by Qatar, UAE and Saudi Arabia concrete cooling market size, is one of the major regional industries owing to extremely hot climatic conditions and infrastructure growth opportunities. Infrastructure development is a major form of business in middle east, from highways &road, huge commercial projects to ports & plants every structure requires to meet the strength and specification to serve its purpose and driving the market share.

Concrete Cooling Market size will grow significantly owing to expansion to infrastructure development in BRICS nations. Since construction industry is humongous in these countries, the concrete cooling systems demand can remain high in these nations.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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