Press release
In-depth research on Self-leveling Concrete Market Size & Share, Growth, Trends and Forecast 2017 - 2025
The objectives of this study are as follows:
To define, describe, and forecast the "Self-leveling Concrete" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Smooth and level concrete surfaces play an important role in installing resilient flooring in the building & construction industry. Efforts are being made in new construction projects to reduce the cost of construction. Currently, availability of cement finishers or labor is declining. Therefore, a product that can resolve the issue related to floor leveling and repair is needed. Self-leveling concrete provides a cost-effective solution to this issue. Many think self-leveling means cement will automatically level itself when it is poured in the center of room. However, this is not the case. Self-leveling means that mixture of powder and water has low viscosity so that material is allowed to set itself before setting. After that, with the help of gauge rake, it is moved to the desired place and finishing is done with the help of smoother. Self-leveling concrete is different from traditional concrete materials. It contains polymer modified cement. Self-leveling concrete also requires less amount of water for placement. It is used to create smooth and flat surface. Rise in construction activities in developing nations is the major factor expected to drive the demand for self-leveling concrete during the forecast period. However, high cost of self-leveling concrete compared to traditional concrete and less awareness in underdeveloped countries in Asia and Africa may hamper the self-leveling concrete market.
Based on types, the self-leveling concrete market can be segmented into toppings or overlayment and underlayment. Underlayment is projected to exhibit significant growth rate during the forecast period. Underlayment self-leveling concrete is poured on existing subfloor surface before installation of tiles, floor coverings, etc. Rapid growth in industrialization and commercialization, and increase in residential applications are attributed to drive the demand for underlayment self-leveling concrete during the forecast period. Self-leveling overlayment concrete is used for decorative purpose. Decoration can be done by mixing self-leveling overlayment concrete with integral color.
Based on application, the self-leveling concrete market can be segmented into commercial and residential. The commercial segment accounted for major share of the market in 2016. It is projected to be a key application segment during the forecast period. It is also anticipated to exhibit significant growth rate compared to that of the residential segment in the near future. Rise in the number of commercial complexes, retail stores, educational buildings, new restaurants, renovation of existing restaurants, shops in developing as well as developed regions is the prominent factor boosting the demand for self-leveling concrete.
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Based on region, self-leveling concrete market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for major share of the self-leveling concrete market in 2016. It is likely to remain the dominant region during the forecast period. Asia Pacific is also expected to exhibit significant growth rate compared to other regions during the forecast period. The most populous countries in the world such as India and China are the prominent consumers of self-leveling concrete. Rise in demand for commercial and residential projects in these countries and government initiatives toward development of industrialization hubs, educational institutes, and health care institutes are propelling the demand for self-leveling concrete in these countries during the forecast period. After Asia Pacific, Europe is anticipated to exhibit significant share of the self-leveling concrete market during the forecast period.
Prominent players operating in the self-leveling concrete include LafargeHolcim, Ardex Group, Saint-Gobain S.A., Duraamen Engineered Products, Inc., and MYK Schomburg India Pvt. Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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