Concrete Cooling Market Size & Share, by Cooling Method (Air, Water, Ice, Liquid Nitrogen); Application (Industrial, Infrastructural); End-user (Highway, Dams, Sea Ports) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3386
  • Published Date: Apr 28, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Concrete Cooling Market size is estimated to cross USD 5.4 Billion by the end of 2035 , growing at a CAGR of 8% during the forecast period, i.e., 2023-2035. In the year 2022, industry size of concrete cooling was over USD 2 Billion. The increasing requirement for indoor air quality is an essential aspect driving market expansion; it is also extremely beneficial in inhibiting germ spread. Growing awareness of such concrete cooling systems, higher demand owing to elevated temperatures, developing building operations, and a spike in the establishment of the infrastructure sector are the primary drivers propelling the market, among others. Furthermore, increased use of liquid nitrogen for chilling fresh concrete and expanding research and development initiatives in the industry would provide novel possibilities for the concrete cooling industry during the forecast time frame. Construction is a significant contributor to the US economy. Every year, the construction sector produces roughly $1.8 trillion in building projects.

Concrete cooling market is expected to expand dramatically in the coming years. This is an essential attribute that is expected to provide the concrete cooling business with numerous prospects for growth. The development of industrialization is going to stimulate construction, and construction projects are going to deliver the market with consistent opportunities.

Furthermore, the development of sophisticated and intelligent architecture would offer up new opportunities for the concrete cooling sector. Furthermore, regional players such as the Middle East and Asia Pacific have increased their infrastructure investment. These factors anticipated to create a possible opportunity for the concrete cooling sector to flourish.

Concrete Cooling Market
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Concrete Cooling Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Need for Concrete Cooling in Industrial Sector- Industrialization is expected to grow dramatically in the future years. It is a critical component that would create ample growth opportunities for the concrete cooling sector. The expansion of industrialization is poised to fuel the building industry, and concrete projects are expected to provide the substantial potential for the market. Since the fourth quarter of 2021, worldwide industrial production has grown at a consistent annual rate of 3 to 4%. This transformed in the fourth quarter of 2022 when growth slowed significantly to 1.5 percent.
  • Increased Expenditure in Residential Projects owing to Higher Demand for Own Properties - The worth of public residential building spending in the United States surged dramatically between 2002 and 2021. The public sector was expected to invest $10 billion USD in residential construction initiatives in 2021.
  • Increase in Global Population- With the growing global population and fast urbanization, there is an enormous rise in constructions and properties, which propels the market for Concrete Cooling. From a projected 2.5 billion individuals in 1950, the worldwide human population surpassed 8.0 billion in mid-November 2022, a spike of 1 billion since 2010 and 2 billion since 1998.
  • Real Estate Expansion - According to recent predictions, the global revenue of real estate enterprises reached USD 9.5 billion in 2021.
  • Rising Commercial Building Construction- As per the Buildings Energy Consumption Survey (CBECS), the United States had roughly 5.9 million commercial buildings in 2018. Furthermore, the overall number of commercial establishments has risen by 6% since the last CBECS in 2012.


  • Air pollutants Caused by Concrete - Improper curing procedures, as well as environmental problems caused by the production of carbon dioxide and other gases, impede the market growth. A substantial volume of carbon dioxide (CO2) gets released into the atmosphere. This further pollutes the air, water, and land, as well as having a detrimental effect on human health. As a result, this factor is expected to stifle market expansion.
  • Unstable Economy and Unorganized Nature of the Construction Sector
  • Lower Demand in Developed Colder Countries

Concrete Cooling Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 2 Billion

Forecast Year Market Size (2035)

~ USD 5.4 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Concrete Cooling Segmentation

Application (Industrial, Infrastructural)

The concrete cooling market is segmented and analyzed for demand and supply by application into Industrial, Infrastructural, and Others. Out of these, the infrastructure segment is estimated to gain the largest market share of about ~35% in the year 2035. The rising industrialization, particularly in the Middle East and APAC area, is driving the market. As a result of the necessity for concrete cooling, consumers' changing lifestyles and high spending income have encouraged the industry. The increased temperature in tropical climates reduces the water content and bonding qualities of concrete, resulting in cracks and the requirement for a concrete cooling system. Therefore, owing to these factors the industrial segment is estimated to dominate the market over the forecast period. Industrialized nations have less than 20% of the global population, yet produce more than 70% of the world's production.

Cooling Method (Air, Water, Ice, Liquid Nitrogen)

The global concrete cooling market is also segmented and analyzed for demand and supply by cooling methods into Air, Water, Ice, Liquid Nitrogen, and Others. Amongst these segments, the water segment is expected to garner a significant share of around ~35% in the year 2035. The water segment is expected to dominate the concrete cooling industry and to rise significantly owing to its low cost, the convenience of use, simple performance, and accessibility, which promotes its adoption in a variety of sectors such as buildings, ports, and roads. When contrasted to an air cooling system, water cooling immediately reduces the temperature of the water to be combined with the cement particles to near-freezing degrees. Water cooling systems have a higher heat elimination efficiency than air cooling systems, which is a key element driving the water segment.

Our in-depth analysis of the global market includes the following segments:

      By Cooling Method

  • Air
  • Water
  • Ice
  • Liquid Nitrogen 
  • Others

      By Application

  • Industrial
  • Infrastructural
  • Others

      By End-Use

  • Highway
  • Dams
  • Sea Port
  • Others

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Concrete Cooling - Regional Synopsis

APAC Market Statistics

The market in the Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of increasing construction activities in developing nations, such as China and India. The Asia Pacific region takes up 40% of the concrete cooling market. Hot environmental conditions, in addition to the potential for various infrastructure advancements, led to their dominance in this market. Given the high temperatures in these areas, the concrete and water ratio is altered, resulting in a loss in the durability and bonding qualities of the concrete as a consequence of the necessity for a concrete cooling system. With the development of financial resources in developing countries for a more affluent lifestyle, the construction business has developed quickly, as has the concrete cooling industry. As per the data by the India Brand Equity Foundation (IBEF), the Ministry of Road Transport and Highways has allocated a budget of USD 14.85 billion for FY 2021-22, while the government also aims to construct 23 new national highways by 2025. Moreover, the rising demand for concrete cooling for the construction of dams, backed by the growth of hydro energy in this region, is also projected to boost the market growth in the region.

North American Market Forecast

The concrete cooling market in the North American region is anticipated to garner a moderate market share during the forecast period on account of high expenditure on public infrastructure, along with the presence of major industries in developed economies, including the United States, and Canada. In 2018, about USD 90 billion were spent on highway and bridge construction in the U.S., which is projected to grow to about USD 105 billion by 2022. On the other hand, as a result of the cold temperatures in this region, North American countries have low to average concrete cooling requirements. Architecture and building activities in these locations require little or no cooling system, leading to low demand for the concrete cooling market and acting as a barrier to the expansion of the concrete cooling industry.

Middle East Market Statistics

The market in the Middle East region is estimated to garner a significant share during the forecast period. The heated climatic conditions culminated in this region's dominance. Also, the region's significant infrastructure growth over the previous few years, as well as the government's supportive stance on boosting the building and construction and construction equipment industry. Furthermore, owing to the individuals' evolving lifestyles and high disposable income the concrete cooling market is projected to witness substantial growth over the upcoming decades.

Research Nester
Concrete Cooling Market Size
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Companies Dominating the Global Concrete Cooling Landscape

    • Plersch Kältetechnik GmbH
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Fujian Snowman Co., Ltd
    • Coldcrete Inc.
    • ConCool Concrete Cooling Systems
    • North Star Ice Equipment
    • The Kirloskar Group
    • Holcim Ltd
    • LINTEC Corporation
    • Chirag Ice Factory Pvt Limited
    • Recom Ice Systems B.V.
    • Focusun Refrigeration (Shanghai) Corporation 


In The News

  • Holcim Ltd launched a range of green concrete, which has at least 30% lower carbon footprint with equal to superior performance.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 3386
  • Published Date: Apr 28, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing need for concrete cooling in industrial sector backed by drawbacks of using hot concrete is estimated to boost the market growth.

The market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2022 – 2030.

Lower demand in colder European and American countries are estimated to hamper the market growth.

The market in Asia Pacific region is expected to provide maximum growth opportunities owing to the growing construction activities, baked by economic development in the region.

The major players in the market are Fujian Snowman Co., Ltd, Coldcrete Inc., ConCool Concrete Cooling Systems, North Star Ice Equipment, The Kirloskar Group, LINTEC Corporation, Chirag Ice Factory Pvt Limited, Recom Ice Systems B.V., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by cooling method, application, end-use, and by region.

The industrial segment is anticipated to grow at a significant CAGR over the forecast period owing to the requirement of cool concrete for large pour.
Concrete Cooling Market Report Scope

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