[137 Pages Report] 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.
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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.
The Middle East is estimated to be the fastest-growing concrete cooling market during the period of 2016 to 2026. High temperatures in the Middle East region, combined with new infrastructural projects being undertaken by the Middle East countries, have led to the increased consumption of concrete cooling systems in the region.
Key market players operating in the concrete cooling market, such as KTI-Plersch Kältetechnik GmbH (Germany), Fujian Snowman Co., Ltd. (China), Coldcrete Inc. (U.S.), ConCool LLC (U.S.), Kirloskar Pneumatic Company Limited (India), LINTEC Germany GmbH (Germany), Icelings (India), North Star Ice Equipment Corporation (U.S.), Recom Ice Systems (Netherlands), and Focusun Refrigeration Corporation (China), among others.
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