Press release
Self-Compacting Concrete Market reached USD 12.1 billion in 2022 and is expected to reach USD 19.8 billion by 2031, growing with a CAGR of 6.3% | Buzzi Unicem, LafargeHolcim, Cemex.
Global Self-Compacting Concrete (SCC) Market reached USD 12.1 billion in 2022 and is expected to reach USD 19.8 billion by 2031, growing with a CAGR of 6.3% during the forecast period 2024-2031.Self-Compacting Concrete Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Self-compacting concrete (SCC) is a highly flowable concrete that can spread and fill formwork without requiring mechanical vibration. It offers superior workability, reduced labor costs, and improved structural integrity compared to conventional concrete. SCC is widely used in complex structures, high-rise buildings, and precast elements where traditional compaction is challenging. The mix design incorporates superplasticizers and viscosity-modifying agents to maintain fluidity while preventing segregation. Its ability to flow into intricate molds and densely reinforced areas enhances construction efficiency and quality.
List of the Key Players in the Self-Compacting Concrete Market:
Buzzi Unicem, LafargeHolcim, Cemex, Heidelberg Cement, BASF, Sika AG, GCP Applied Technologies, CEMEX Group, ACC Limited and Ultratech Cement.
Industry Development:
On July 16, 2022, Holcim signed an agreement to acquire five concrete plants from Ol-Trans, a leading ready-mix concrete provider in the Gdansk-Sopot-Gdynia region. This acquisition strengthens Holcim's presence in Northern Poland and enhances its position as a market leader. The deal is expected to generate CHF 27 million in net sales for 2022. Additionally, it supports Holcim's commitment to sustainability by promoting the sales of ECOPact green concrete, which has a carbon footprint 50% lower than traditional concrete.
Growth Forecast Projected:
The Global Self-Compacting Concrete Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Self-Compacting Concrete Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Self-Compacting Concrete Market:
By Type: Power, Viscosity Modifier Agent, Combination
By Raw Material: Cement, Aggregates, Admixtures, Others
By Application: Drilled Shafts, Columns, Earth Retaining Systems, Slabs, Beams, Prestressed Girders, Retrofitting and Repairing, Raft and Pile Foundations, Others
By End-User: Residential, Commercial, Industrial, Infrastructure
Regional Analysis for Self-Compacting Concrete Market:
The regional analysis of the Self-Compacting Concrete Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Self-Compacting Concrete market?
➠ Who are the leading manufacturers in the global Self-Compacting Concrete industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Self-Compacting Concrete industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Self-Compacting Concrete market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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