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The global concrete cooling market is expected to witness strong growth during the forecast period (2016-2022). The global market is being driven by increasing demand from the Middle East and Asia-Pacific regions. Additionally, the growth is being propelled by increasing demand for concrete cooling systems from other countries having high temperature. The necessity to control volume change, induced primarily by temperature change in mass concrete, has led to the development of cooling and insulating systems for use in mass concrete construction. Lesser growth opportunities in North America and European regions are adversely affecting the global market growth. Additionally, improper concrete curing may also result in cracking and undergoing improper hydration, which may create hurdles for the overall growth of the global concrete cooling market.
Concrete cooling is a procedure used for dropping the temperature of poured concrete to a specific level to uphold the characteristic temperature of the concrete. It is used for projects in countries having high temperature climates where concrete is consumed heavily. The temperature of concrete is affected by water used in hydration process. Concrete cooling systems involve cooling of the mixing water erstwhile to hydration. Conventionally, various combinations of concrete cooling are used at a construction site according to the conditions. Concrete cooling towers are designed for heavy industrial applications such as petrochemical, power plants, chemicals plants, and refineries.
The global concrete cooling market has been segmented on the basis of type and application. On the basis of type, the global market has been segmented into water cooling, ice cooling, air cooling and liquid nitrogen cooling. On the basis of application, the global market has been segmented into highway construction, port, dams, nuclear reactors, and others. The highway construction segment is expected to witness significant growth, during the forecast period, owing to increasing highway construction activities, globally, which can withstand high temperature and rough terrains.
The Middle East region is estimated to be the key region in the global concrete cooling market, and is expected to witness strong growth, during the forecast period. High temperature in the Middle East region, coupled with new infrastructure projects being undertaken by the regional countries, has led to increased consumption of concrete cooling systems in the region. The factors inhibiting the growth of the global concrete cooling market are unstable market and economic conditions and fewer business opportunities in colder regions, such as Europe and parts of North America.
Some of the key players in the global concrete cooling market are KTI-Plersch Kältetechnik GmbH, Fujian Snowman Co. Ltd., Coldcrete Inc., ConCool LLC, LINTEC Germany GmbH, Icelings, North Star Ice Equipment Corporation, Recom Ice Systems and Focusun Refrigeration Corporation.
Global Concrete Cooling Market Segmentation