Global Ultra-high Performance Concrete Market Analysis and insights by 2023, Key Players- Lafarge S.A., Sika AG, RAMPF Holding GmbH & Co. KG, ceEntek Pte Ltd., TAKTL and Gulf Precast Concrete Co. L.L.C
The global ultra-high performance concrete (UHPC) market is a very dynamic market, and is expected to witness high growth over the forecast period. The global ultra-high performance concrete market is majorly driven by the increasing demand for high strength, and durable concrete in applications such as piers, seismic structures and marine anchors. These areas of application require superior strength and require to be corrosion resistant. UHPC is extensively used for both structural and non-structural precast components, which is further driving the growth of the market over the forecast period.
However, the growth of this market might be hampered due to factors such as the high cost associated with the establishment of manufacturing facilities.
The global ultra-high performance concrete market size is projected to grow at the CAGR of ~7 % during the forecast period.
The ultra-high performance concrete market, has been segmented based on types, applications and regions. By type, the segments are SIFCON (Slurry infiltrated fibrous concrete), RPC (Reactive Powder Concrete), and CRC (Compacted Reinforced Composite). Of all types, the reactive powder concrete segment is projected to account for the largest market share. The reactive powder concrete is a composite made of a cementitious material with advanced mechanical and physical properties. It helps in building strong, durable and environment friendly building structures. As compared to the other types of concrete, the reactive powder concrete possesses high strength, which will even make it suitable to replace high strength materials such as steel. It also possess the properties of waterproofing.
Market Research Analysis:
Of all type segments, compacted reinforced composite is expected to contribute the highest to the growth of the global ultra-high performance concrete market during the forecast period. It is a fibre reinforced high performance concrete with high strength. It contains large amounts of steel fibers, which make it more ductile and prevents large cracks under service conditions. CRC is especially suitable for pre-cast applications
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The key players of global Ultra-high Performance Concrete Market includes Lafarge S.A. (France), Sika AG (Switzerland), RAMPF Holding GmbH & Co. KG (Germany), Densit (Denmark), ceEntek Pte Ltd. (Singapore), Elementbau Osthessen GmbH & Co., ELO KG (Germany), TAKTL (U.S.) and Gulf Precast Concrete Co. L.L.C (UAE).
Scope of the Report:
This study provides an overview of the global ultra-high performance concrete market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Ultra-high performance concrete Market by its type, application and region.
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