Self-healing Concrete Market Worth $1,375,088.0 thousand by 2025 | Key Segments, Benefits & Opportunity

According to a new report published by Allied Market Research, titled, "Self-healing concrete market by type, end-user and region: Global Opportunity Analysis and Industry Forecast, 20182025," The global self-healing concrete market size was valued at $216,720.0 thousand in 2017 and is projected to reach $1,375,088.0 thousand by 2025, growing at a CAGR of 26.4% from 2018 to 2025. In 2017, Europe dominated the global market, in terms of revenue, accounting for the highest share of the global market.

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Self-healing concrete is a material, which is capable of repairing itself back to the original state. Specific group of alkali-resistant spore-forming bacteria related to the genus Bacillus is selected for this purpose. Bacterial concrete refers to a new generation concrete in which selective cementation by microbiologically-induced CaCO3 precipitation that serves as the remediation of micro-cracks.

Self-healing concrete contains bacteria genus Bacillus that are active by contact with moisture or water and then use the calcium lactate as a food source, and produces limestone. As a result, these limestones fills the cracks leading to self-repair for the damage. These bacterias can survive in alkaline nature of concrete and lie dormant within the concrete for up to two hundred years.

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Key Market Players

The major players, such as Basilisk, Acciona Infraestructureas S.A., Avecom N.V., Comercializadora Espanola De Innovaciones Y Materiales, COWI A/S, Devan-Micropolis and Fescon.

Key Findings

In 2017, by type, the capsule based healing segment dominated the global self-healing concrete market, in terms of revenue.

In 2017, by end-user, the civil infrastructure segment dominated the global self-healing concrete market, in terms of revenue, and is projected to grow at a significant CAGR during the forecast period.

The Europe market accounted for more than 50 % of self-healing concrete market share in 2017.

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