U.S. Self-leveling Concrete Market Competitive Strategies and Worldwide Demand with Top players- ARDEX Group, Duraamen Engineered Products, Inc., Flowcrete Group Ltd., KÖSTER BAUCHEMIE AG, LATICRETE International, Inc., MAPEI S.p.A.
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U.S. Self-leveling Concrete Market By Type (Underlayment, Topping), Application (Residential Building, Commercial Building), Region (West United States, South United States, Middle-West United States and North-East United States) – Industry Trends and Forecast to 2026
U.S. self-leveling concrete market is expected to reach USD 2,165,432.49 million by 2026 from USD 1,296,232.48 million in 2018, at a CAGR of 6.7% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.
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The U.S. self-leveling concrete market is a highly concentrated market which includes key players and local players. The market has
witnessed increased various strategic developments owing to favourable market scenario. The market will have a prominent growth in the coming years because of the high import from India which will lead to stable prices for the products in U.S. Because of the properties of its low settlement time and low overall cost of floor its demand is increased in the commercial buildings.
The market has witnessed developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand of innovative technology. For Instance, in January, KÖSTER BAUCHEMIE AG launched a new headlight systems such xenon, a test guideline for headlamp inspection and parking spaces. In addition to the footprint for the headlamp setting tester, the vehicle footprint must also comply with the new specifications. It also gets easily connected with the existing floor and builds the lower layer.
LafargeHolcim dominated the U.S. self-leveling concrete market and accounted for the highest market share in 2018 which is followed by USG Corporation and SIKA AG. The other key players existing in the market includes ARDEX Group, Duraamen Engineered Products, Inc., Flowcrete Group Ltd., KÖSTER BAUCHEMIE AG, LATICRETE International, Inc., MAPEI S.p.A., The QUIKRETE Companies, Arkema, CTS Cement Manufacturing Corporation., Dayton Superior Corporation, Edison Coatings, Inc., Gulf Concrete Technology LLC, Saint-Gobain, Sakrete, TCC Materials and W. R. Meadows, Inc.
Segmentation: U.S. Self-leveling Concrete Market
U.S. self-leveling concrete market is segmented into two notable segments which are type and application.
• On the basis of type, the market is segmented into underlayment and topping. Underlayment segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
o In January 2018, The QUIKRETE Companies, leading manufacturer of packaged concrete products for the building and home improvement markets, introduced three repair products at the world of concrete. These products will be showcased at WOC in booth S10326 at the Las Vegas Convention Centre from Jan. 17-20, 2017. These new repair products will cure quickly and structurally bond cracked and broken concrete.
• On the basis of application method, the market is segmented into residential building and commercial building. Commercial buildings segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
o In April 2016, MAPEI S.p.A. expanded their product line of thixotropic mortars that provide nonsag, non-slump performance for the optimum installation of large-and-heavy-format tile and stone with the introduction of Ultraflex LHT. It is a strong indication that their thixotropic, easy-to-spread mortar technology has established a contractor following.
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• In September, ARDEX Group announced a new product ARDEX K 521 which would be available at all ARDEX authorized polished topping distributors throughout North America. It has a distinctive aggregate-exposed surface when polished. It is an extremely durable wear surface with very high compressive strength, and increased scratch and dent resistance. This will help to expand their product portfolio in self-leveling underlayments and increase their presence in the global market.
• In March, ARDEX Group introduced the bonding primer ARDEX P 4 which is used prior to the installation of ARDEX Tile & Stone mortars and most ARDEX self-levelling underlayments. It offers a textured surface for the optimal bond over most common substrates.
• In January, KÖSTER BAUCHEMIE AG launched a new headlight systems such xenon, a test guideline for headlamp inspection and parking spaces. In addition to the footprint for the headlamp setting tester, the vehicle footprint must also comply with the new specifications .It also gets easily connected with the existing floor and build the lower layer.
• In October, LATICRETE International, Inc. has expanded its diverse family of SPARTACOTE resinous flooring and decorative coating systems. It will provide different products to the customers. It will include 14 products which will be used for commercial and industrial purposes.
• In August, MAPEI S.p.A. introduced a new product Ultrabond ECO 977, a fast setting, 100%-solids, one-component, moisture-cured urethane adhesive specifically designed for the installation of domestic solid and engineered wood flooring. .The product will be more secure in flooring which are made of woods. It is used with concrete slabs which contains high moisture.
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