Medical and insurance advantages reinforce the Self-Compacting Concrete Market

Posted by rohan on October 22nd, 2019

Market Overview:

The self-compacting concrete market was estimated at US$ 9.96 billion in 2018 to US$ 12.83 billion by 2023, at a CAGR of 7.09% from 2018 to 2023. The Asia-Pacific region is leading to a self-contracting concrete market and is expected to grow during the forecast period. 

Recent Developments:

Leiths launched the RIGAflow self-condensing fluid in the Highlands. This is available at the Mid Lairgs concrete plant, near Inverness. The RIGAflow is specially designed so that it can be mounted without the need for internal or external vibrations. Holcim takes concrete to all new heights with the addition of Agilia self-compacting concrete. Agilia is high strength and easy to control concrete solution that eliminates the need for vibration. 

Cemex is one of the main players in the self-compacting concrete market. As part of its development strategy, the company launched new products to improve its product portfolio and consolidate its presence in the self-centering concrete market. For example, in 2013, CEMEX launched the CEMEX Solutions Service for the ready-mix concrete, cement and aggregates industry. CEMEX solutions offer state-of-the-art technical support throughout the manufacturing process of building materials, from plant design and installation to capacity improvement and equipment improvement.

Market Drivers and Restraints:

The development of global self-concentrated concrete in the market can be attributed to the requirement of a non-vibrational process during an improvement in ambient air quality, the placement of concrete, the reduced cost of MRO and a lower adverse impact on the earth. It includes repair and concrete construction work. Besides, the market is expected to benefit from the medical and insurance advantages of this particular and improved execution and construction result. 

In addition, it is feasible for small and medium enterprises, since it has thin concrete areas, high design capabilities, improved durability, pure environment and agile development. The global self-concentrated concrete market is likely to be affected by the high costs associated with its use in developing countries.

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Report segmented as

By Type:

  • Powder,
  • Viscosity,
  • Combination

By Application:

  • Drilled Shafts,
  • Columns,
  • Metal Decking,
  • Concrete Frames

Geographical Analysis:

Based on geography, the self-compacting concrete market is fragmented in Latin America, Asia Pacific, Europe, North America and the Middle East and Africa. Asia-Pacific has shown tremendous market opportunities. The significant increase in construction activity in the region, along with rapid urbanization, has helped market players establish a substantial presence in the Asia-Pacific region. The opportunities for market players are mainly prepared in India and China, and both nations are characterized by high utilization of advances in infrastructure. The development of energy and transportation areas will also contribute to the expansion of the autonomous concrete market in India. Apart from this, the market will reach the pace of growth in non-residential construction and housing in Europe. In North America, due to stagnation, the market will see relatively lower odds.

Important Market Players:

The main players in the market include CEMEX S.A.B. from C.V. (United Kingdom), Kilsaran, LafargeHolcim Limited (Switzerland), Heidelbergcement AG, Tarmac (USA), Unibeton Ready Mix, Sika Group (Switzerland), Ultratech Cement Limited, BASF SE (Germany), Breedon Group PO, Firth Concrete, ACC Limited (India) and Buzzi Unicem S.P.A.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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Joined: September 20th, 2017
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