Global Self-compacting Concrete (SCC) Market 2017-2021 | Market to grow steadily at a CAGR of 6% during Forecast

This industry research report identifies BASF, CEMEX, HeidelbregCement, LafargeHolcim, and Sika as the key vendors in the global self-compacting concrete (SCC) market. This industry research report also presents a detailed analysis of the market by type (powder, combination, and viscosity) and by geography (the Americas, APAC, and EMEA).

Overview of the global self-compacting concrete (SCC) market

Market research analysts at Technavio predict that the global self-compacting concrete (SCC) market will grow steadily at a CAGR of around 6% by 2021. According to this market research and analysis, the growth of the construction and housing sectors in Europe will be one of the primary growth factors for this market. Employing a high number of enterprises and workforce, the construction sector contributes significantly to the GDP of countries in Europe. With the increasing number of building construction activities, the construction industry in this region will witness a significant growth during the next few years. This will increase the demand for concrete mixes such as SCC, subsequently fueling market growth.

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The market research report identifies the emergence of alternatives to SCC as one of the primary trends behind the growth of the SCC market. Eco-SSC is an eco-friendly alternative to SCC and has a low plastic viscosity and releases lesser carbon dioxide in the atmosphere. It also offers additional benefits such as low material costs, less shrinkage in concrete, and reduced risk of crack formation due to lesser paste volume in concrete. Also, eco-SCC contains less than one-third of the amount of cement used conventionally without resulting in loss of quality and achieving stability. This will result in a steady increase in the demand for eco-SCC, which will in turn, result in the growth of the global SCC market.

Competitive landscape and key vendors

The SCC market is highly-competitive and is dominated by the global players who have a vast geographical presence and numerous production facilities across the globe. Established vendors engage in M&As or joint ventures to increase their access to new markets and dilute their regional business risks. Vendors are focusing on innovating technologies and ideas to gain a competitive advantage and compete with the established players. The entry of new players offering new products and services will pose as a significant challenge to the growth of the existing market players.

The leading vendors in the market are -
- BASF
- CEMEX
- HeidelbregCement
- LafargeHolcim
- Sika

The other prominent vendors in the market are ACC, Buzzi Unicem, Breedon Group, Kilsaran, Tarmac, and UltraTech Cement.

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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