Press release
Growth of Self-compacting Concrete Market Forecast to 2024 in a Newly Released Report Profiling Unibeton Ready Mix, Ultratech Cement Ltd, Tarmac Trading Limited, Sika AG, LafargeHolcim, CEMEX Group, BASF SE, Gilson Company, Inc, ACC Limited, Breedon Group
Self-compacting Concrete Market is poised to surpass USD 30.2 billion
Companies profiled in this research and active in the Unibeton Ready Mix, Ultratech Cement Ltd, Tarmac Trading Limited, Sika AG, LafargeHolcim, CEMEX Group, BASF SE, Gilson Company, Inc, ACC Limited, Breedon Group, Buzzi Unicem Spa, HeidelbergCement AG, Kilsaran, Unik Readymix Concrete, Fletcher Buildings Limited Company industry participants have adopted the strategy of frequent product launches in order to improve customer satisfaction and promote market growth. Moreover, manufacturers are also investing in technological innovation to improve product quality and ensure regulatory compliance.
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Self-compacting concrete market for building & construction attained a major chunk of the overall industry share which was valued over USD 10 billion in 2016. Self-compacting concrete is extensively used in constructing buildings in commercial and residential sector owing to value added properties of product which includes low yield stress, aesthetic value, lower labor cost, etc. This technology does not require vibration to settle and maintains homogeneity owing to its high flowability and thus will make significant contribution to building & construction segment of self-compacting concrete market by 2024.
Self-compacting concrete market for drilled shafts was valued over USD 2 billion in 2016. Product finds extensive applications in oil & gas, building & construction and infrastructure industry, etc. This technique is employed to avoid coarse aggregates congestion which lead to segregation of concrete inside and outside of the cage owing to its greater workability compared to conventional drilled shaft concrete which will make substantial contribution to self-compacting concrete market by 2024.
Asia Pacific self-compacting concrete market attained the highest market and was valued over USD 14 billion in 2016. This is mainly due to rapid industrialization and urbanization which is chiefly due to rising population pace which will drive construction industry in the region in the near future. Government has been forming policies under structural reform plans to implement large projects in order to improve the overall infrastructure in the region which will positively influence the self-compacting concrete market by 2024.
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Strong product demand in North America which is attributed to rising drilling activities majorly due to growing oil & gas industry will make substantial contribution to self-compacting concrete market by 2024. For example, according to World Oil, drilling activities in the U.S. will increase by 26.8% in 2017 and henceforth augmenting drilling wells count to 18,552. Product is extensively used in oil & gas industry mainly in drilling shafts, pipelines, etc. to recover reserves beneath the ground, or to set up pipelines for transporting crude oil/gas from one place to another which will make prominent contribution to the self-compacting concrete market in the forecast timespan.
High cost of raw material including admixture, fibers, etc. and restricted product use in infrastructure sector may hinder self-compacting concrete market by 2024. However, better aesthetic value, low yield stress and reduced labor cost of product compared to conventional concrete will to generate growth avenues for self-compacting concrete market by 2024.
In terms of revenue, admixture for self-compacting concrete market was valued over USD 10 million in 2016. These are mineral admixtures which comprise of fly ash, hydrated lime, silica fume and ground blast furnace slag. It also constitutes chemical admixture which includes super plasticizers, viscosity modifying agents, etc. They possess properties similar to concrete which enhances the strength and density of finished concrete and henceforth augment the overall performance of concrete in the longer run which will make noteworthy contribution to self-compacting concrete market by 2024.
Some of the 403 data tables provided in this Self-compacting Concrete market research include:
TABLE 1 Self-compacting concrete industry 360° synopsis, 2013 – 2024
TABLE 2 Global self-compacting concrete market (Volume & Revenue), 2013 - 2024
TABLE 3 Global self-compacting concrete market by raw material, (Kilo Tons), 2013 - 2024
TABLE 4 Global self-compacting concrete market by raw material, (USD Million), 2013 - 2024
TABLE 5 Global self-compacting concrete market of design mix by application (Kilo Tons), 2013 - 2024
TABLE 6 Global self-compacting concrete market of design mix by application, (USD Million), 2013 – 2024
TABLE 7 Global self-compacting concrete market by application (Kilo Tons), 2013 - 2024
TABLE 8 Global self-compacting concrete market by application, (USD Million), 2013 - 2024
TABLE 9 Global self-compacting concrete market by end-user, (Kilo Tons), 2013 - 2024
TABLE 10 Global self-compacting concrete market by end-user, (USD Million), 2013 – 2024
TABLE 11 Global self-compacting concrete market by region (Kilo Tons), 2013 - 2024
TABLE 12 Global self-compacting concrete market by region (USD Million), 2013 - 2024
TABLE 13 Industry impact forces
TABLE 14 Global self-compacting concrete market for fine & coarse aggregates, (Volume & Revenue), 2013 – 2024
TABLE 15 Global self-compacting concrete market volume for fine & coarse aggregates by region (Kilo Tons), 2013 – 2024
TABLE 16 Global self-compacting concrete market revenue for fine & coarse aggregates by region (USD Million), 2013 – 2024
TABLE 17 Global self-compacting concrete market for water, (Volume & Revenue), 2013 – 2024
TABLE 18 Global self-compacting concrete market volume for water by region (Kilo Tons), 2013 – 2024
TABLE 19 Global self-compacting concrete market revenue for water by region (USD Million), 2013 – 2024
TABLE 20 Global self-compacting concrete market for cement, (Volume & Revenue), 2013 – 2024
TABLE 21 Global self-compacting concrete market volume for cement by region (Kilo Tons), 2013 – 2024
TABLE 22 Global self-compacting concrete market revenue for cement by region (USD Million), 2013 – 2024
TABLE 23 Global self-compacting concrete market for admixture, (Volume & Revenue), 2013 – 2024
TABLE 24 Global self-compacting concrete market volume for admixture by region (Kilo Tons), 2013 – 2024
TABLE 25 Global self-compacting concrete market revenue for admixture by region (USD Million), 2013 – 2024
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Related Report:
Global Self-compacting Concrete (SCC) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
Self-compacting concrete (SCC), also known as self-consolidating concrete, is a concrete mix that can be placed completely by means of its own weight; i.e., it does not require vibration or tamping for leveling. SCC is a high-performance concrete that offers notable benefits while maintaining the concrete's customary durability and mechanical characteristics. The powder segment accounted for the major shares of the self-consolidating concrete market. Powder SCC provides adequate self-compatibility by reducing the powder-water ratio and offers adequate segregation resistance. The improvement in the properties of concrete will be a major factor fueling the growth of this market segment in the coming years. Additionally, the low water-binder ratio will also fuel the demand for powder SSC. This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the self-consolidating concrete market throughout the forecast period. This is mainly due to the increase in urbanization, rapid industrialization, and population growth that results in the increased demand and need for commercial and residential infrastructure.
https://www.marketstudyreport.com/reports/global-self-compacting-concrete-scc-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023?utm_source=RR-AN
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