Global Self-Compacting Concrete Market, By Raw Materials (Cement, Admixtures, Fibers, Aggregates, Water, Additions), Design Mix (Powder Type, Viscosity Agent Type, Combination Type), Application (Columns, Concrete Frame), End User (Infrastructure, Building and Construction, Oil and Gas Construction), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The self-compacting concrete market is estimated to reach a value of USD 18.60 billion by 2028 and is expected to grow at a compound annual growth rate of 6.50% for the forecast period of 2021 to 2028. Data Bridge Market Research report on self-compacting concrete market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Self-Compacting concrete is also known by SCC, and is a mixture of concrete having temperate viscosity, high segregation resistance, high deformability and low yield stress. It is a highly fluid mix and have unique features such as it sets in the shape of the mold very closely, and does not necessitates tamping post pouring, and can simply flow through obstacles and the formwork.
The low noise involved in construction activities using self-compacting concrete is likely to influence the growth of the self-compacting concrete market. In line with this, the major reduction in overall costs of self-compacting concrete is also acting as a key determinant which will favor the growth of the self-compacting concrete market over the forecast period of 2021 to 2028. Furthermore, the rapid rise in the oil and gas industry along with the improvement in air quality and less adverse impact on the environment are also expected to positively impact the growth of the self-compacting concrete market. The major factor which is expected to forward the growth of the market is the non-requirement of vibration processes in laying self-compacting concrete.
However, the high raw material prices and presence of eco-SCC as an alternative to self-compacting concrete are expected to act as key restraint towards self-compacting concrete market growth rate in the forecast period of 2021 to 2028, whereas, the limited usage of self-compacting concrete in emerging economies is expected to challenge the growth of the self-compacting concrete market in the above mentioned forecast period.
Furthermore, the increase in the popularity of low-fines self-compacting concrete (smart dynamic concrete) and the high growth in the building and construction industry are expected to offer a variety of growth opportunities for the self-compacting concrete market in the above mentioned forecast period.
This self-compacting concrete market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on self-compacting concrete market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Self-Compacting Concrete Market Scope and Market Size
The self-compacting concrete market is segmented on the basis of raw material, design mix, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on raw material, the self-compacting concrete market is segmented into cement, admixtures, fibers, aggregates, water and additions. Admixtures have further been segmented into fly ash, superplasticizer, acrylic copolymers (AC) and polycarboxylate ethers (PCE). Aggregates have further been segmented as sand. Additions have further been segmented into stone powder and others. Others have further been sub-segmented into silica fumes, ground (granulated) blast furnace slag, ground glass filler and pigments.
- The self-compacting concrete market is also segmented on the basis of design mix into powder type, viscosity agent type and combination type.
- Based on application, the self-compacting concrete market is segmented into columns and concrete frame. Columns have further been segmented into drilled shaft and metal decking.
- The end user segment for self-compacting concrete market is segmented into infrastructure, building and construction and oil and gas construction.
Global Self-Compacting Concrete Market Country Level Analysis
The self-compacting concrete market is analyzed and market size, volume information is provided by country, raw material, design mix, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the self-compacting concrete market because of the rapid urbanization and industrialization as well as the strong presence of emerging economies such as India and China investing on their respective domestic infrastructural development. Middle East and Africa is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the rapid development in the construction industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Self-Compacting Concrete Market Share Analysis
The self-compacting concrete market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to self-compacting concrete market.
The major players covered in the self-compacting concrete market report are BASF SE, CEMEX S.A.B. de C.V., ACC Limited, SIKA AG, LafargeHolcim, Kilsaran, HEIDELBERGCEMENT AG, Tarmac, Unibeton Ready Mix, Ultratech Concrete, Breedon Group plc, Firth, Buzzi Unicem USA, Gilson Company, Inc., DuPont, Fletcher Building, RDC Concrete (India) Pvt Ltd., LARSEN & TOUBRO LIMITED, SIKA AG and PMR Readymix Concrete (India) Pvt. Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.