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Rapid Strength Concrete Market to grow at a CAGR of ~10.20%
rapid strength concrete, rapid strength concrete markets, rapid strength concrete market analysis, rapid strength concrete market
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The global rapid strength concrete market is estimated to be valued at USD XX.XX million in 2015, and it is expected to grow at a CAGR of approximately 10.20% to reach USD XX.XX million by 2020.
Rapid strength concrete, a construction material, has the ability to provide high early strength in comparison to traditional Portland cement-based concrete; thereby, providing the end-users with a reduced project length and a turnaround time advantage. Rapid strength concrete is available in the market in numerous product types with a large range of strength and setting time characteristics. Additionally, rapid strength concrete can be prepared for special exposure conditions, such as resistance to sulfates or alternate thawing.
Some of the variants currently available globally can harden and attain high strength in a matter of approximately 4 hours after being poured. Rapid strength concrete is primarily used in repair and new construction activities in various major application areas. In the global rapid strength concrete report, we have considered the revenue being generated by the sales of rapid strength concrete as a whole product.
The rapid strength concrete offers various advantages in comparison to Portland cement-based concrete, such as accelerated construction, flexibility in construction schedules (ability to choose the strengthening time), and environment-friendliness. It has been gaining popularity in the recent years as an alternative to the traditional construction materials. Although the aforementioned concrete provides the builders and residents with many other major advantages, its usage is still majorly limited to the North American and European countries.
Market Dynamics of the Global Rapid Strength Concrete Market
Drivers:
Increasing multi-story and high rise construction activities
Ease-of-placing and time saving advantages
Growing consumer base
Government emphasis on use of environment-friendly concrete
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Restraints:
Premium pricing
Lack of demand and awareness in the emerging economies
Global Rapid Strength Concrete Market Segmentation
The market can be broadly segmented by construction application areas into airports, buildings/floors (industrial/commercial and residential sub-segments), dockyards, formed work, parking areas, rail networks, roads/bridges, and others. The roads/bridges construction application segment accounted for the majority of consumption in the global rapid strength concrete market in 2015.
The market has also been geographically segmented on the basis of consumption into the Asia-Pacific, North America, Europe, South America, and MEA. Europe is the current leader in the world for rapid strength concrete and is expected to grow at a CAGR of XX.XX% during the forecast period. The UK led the market in the aforementioned region in 2014. The markets with promising growth forecasts include the ASEAN countries, along with Australia, China, and India.
The replacement of traditional concrete and increase in awareness and usage in the Asia-Pacific region, the recovering European construction industry, and the development of cheaper novel products are expected to offer major growth opportunities for the players in the global rapid strength concrete market. The producers mentioned in the report include:
Aggregate Industries UK Ltd.
BASF, Boral Limited
Buzzi Unicem SpA
CEMEX S.A.B. de C.V
CTS Cement
Emtek Ltd
Firth Industries
Holcim
Instarmac Group plc.
Perimeter Concrete Ltd.
Short Load Concrete Inc.
Sika Corporation
Tarmac (a CRH company)
Westbuild Group
Key Deliverables in the Study
Market analysis for the global rapid strength concrete market, with region specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global rapid strength concrete market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is growing and to also identify the regions that are still untapped
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