Self-Compacting Concrete Market Forecasts to 2028 – Global Analysis By Raw Material (Additions, Admixture), Design Mix (Combination, Powder, Viscosity Agent), and By Geography
According to Stratistics MRC, the Global Self Compacting Concrete Market is accounted for $11.03 billion in 2020 and is expected to reach $20.42 billion by 2028 growing at a CAGR of 8.0% during the forecast period. The growing number of residential and non-residential construction activities and increase in population and urbanization in the emerging region are driving the market growth. However, an inconsistent price of raw materials is hampering the growth of the market.
Self-compacting concrete (SCC), also well-known as self-consolidating concrete, is one of the most extensively used concrete types, mostly because of its self-compacting features and strength. Self-compacting concrete denotes a mixture that contains adequate thickness, high deformability, low yield stress, and good resistance to segregation. Self-compacting concrete is poured, it is a widely fluid mixture that flows easily around and within the formwork, can flow around the corners and through obstacles, is very close to self-leveling, does not need tamping or vibration, and gets into the texture and shape of a mold. Self-compacting concrete does not also use much quantity of water to become a liquid.
Based on the end-user, the building & construction segment is going to have lucrative growth during the forecast period. Self-compacting concrete is widely used in constructing buildings in the commercial and residential sector, due to the value-added properties of the product which comprises aesthetic value, lower labour cost, low yield stress, etc. This technology does not need vibration to settle and preserves homogeneity owing to its high flow ability and therefore will make a significant contribution to the building & construction segment of the self-compacting concrete market.
By geography, Asia Pacific is going to have high growth during the forecast period, owing to fast industrialization and urbanization which is primarily due to the growing population pace which will drive the construction industry in the province. The government has been making policies under structural reform plans to implement large projects to advance the overall infrastructure in the province which will positively influence the self-compacting concrete market.
Some of the key players profiled in the Self Compacting Concrete Market include ACC Limited, BASF SE, Breedon Group PLC, Buzzi Unicem S.P.A., Cemex S.A.B De C.V., Firth Concrete, Heidelbergcement AG, Kilsaran International, Lafargeholcim Ltd., Sika Group Tarmac, Tarmac Ltd., Ultratech Cement Limited, Unibeton Ready mix.
Estimated Market Size in 2020:
USD 11.03 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 20.42 billion
Tables, Graphs& Figures
Raw material, Design Mix, Application, Distribution Channel, End User and Region
Core Drivers and Opportunities:
Restraining Factors&Market Threats:
Raw Materials Covered:
• Fine & Coarse Aggregates
Design Mixes Covered:
• Viscosity Agent
• Concrete Frames
• Drilled Shafts
• Metal Decking
• Safety Belts
Distribution Channels Covered:
End Users Covered:
• Oil & Gas
• Building & Construction
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Self Compacting Concrete Market is majorly driven by the need for a non-vibrating process during laying the concrete, and less adverse impact on the environment in the self-consolidating concrete based repair and construction activities.
The admixture segment is growing at a highest CAGR as it play a key role in the development of SCC by improving its fluidity rate, reducing water usage, reducing shrinkage, etc.
Europe market is growing at a highest CAGR due to the factor such as the increased consumer emphasis on low-noise construction activities, and the gradually recovering construction and housing sector.
Middle East & Africa market is growing at a highest CAGR owing to the rapid advancements in the construction industry in this province.
Key players in Self Compacting Concrete Market include ACC Limited, BASF SE, Breedon Group PLC, BuzziUnicem S.P.A., Cemex S.A.B De C.V., Firth Concrete, Heidelbergcement AG, Kilsaran International, Lafargeholcim Ltd., Sika Group Tarmac, Tarmac Ltd., Ultratech Cement Limited, Unibeton Ready mix.
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