Self-Consolidating Concrete Market Insight | Size, Demand, Industry Structure Analysis, Business Opportunities, Revenue, Forecast 2027
Market Synopsis
According to the study presented by Market Research Future
(MRFR), the global Self-Consolidating
Concrete Market Insight has been prognosticated
to expand at a moderate CAGR over the forecast period 2016 to 2021.
Self-consolidating concrete, also known as SCC, has been gaining much
popularity in the since the last few decades. The market is anticipated to
witness an upsurge in demand owing to accelerated activities in the
construction sector.
SCC offers certain
advantages such as no requirement for tamping, easy flow through barriers, etc.
It is likely to drive the growth of the self-consolidating concrete market over
the next couple of years. SCC is extensively used for precast and repairing
purposes, such as drainage, roof tiles, flooring, etc., for better durability
and quicker construction. This, in turn, has been projected to expedite the
expansion of the market in the forthcoming years. The product has also
developed an application in new construction which is further expected to
accelerate revenue creation for the participants of the self-consolidating
concrete market.
Market Segmentation
On the basis of
type, the global self-consolidating concrete market insight has been segmented
into powder, viscosity modifying agent and combination.
On the basis of
ingredients, the self-consolidating concrete market has been segmented into
aggregates, cement, admixtures, and others.
On the basis of application, the global self-consolidating
concrete market has been segmented into infrastructure, precast concrete,
architectural and others.
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Competitive
Dashboard
Few of the Major Market Leaders Profiled in this report are BASF
SE, Sika AG, Hope Cement Limited, ACC Concrete Limited, CEMEX Group, Lafarge,
UltraTech Cement Limited, Tarmac Trading Limited, Lafarge, and Unibeton Ready
Mix.
Regional Analysis
The geographical study of the global self-consolidating concrete
market spans across four major regions – North America, Europe, Asia Pacific,
and the Rest of the World (RoW). Asia Pacific is anticipated to exhibit command
over a dominant share of the global market. The rising infrastructural projects
of the region are likely to boost the growth trajectory of the regional
self-consolidating concrete market in the forthcoming years. The region is
poised to witness rapid developments and investments from global leaders which
are projected to catapult the market on an upward trajectory. In addition, the
influx of Foreign Direct Investment is expected to revolutionize the future
trajectory of the market in the forthcoming years. China and India are the
major country-level markets for the region.
North America is poised to overgrow over the next few years. The
revamp of the construction sector, and increasing demand for renovation are the
major factors that are responsible for driving the growth of the
self-consolidating concrete market in the region.
Industry News
- In March 2019, a West Michigan
marine transportation, Port City Barge Inc., has announced its plan of
investing USD 40 Mn for the expansion of operations such as hauling cement
for St. Marys Cement US LLC.
- In February 2019, Holcim
Philippines, a listed cement manufacturer, has announced the completion of
its La Union plant that is expected to double up its production capacity.
The plant has been equipped with new grinding equipment and storage
facilities.
- In February 2019, JSW Cement
Limited, which is a subsidiary & new diversification foray of the JSW
Group based in India, has announced its plan for the investment of 2,000
crore INR for reaching a production capacity of 20 MT by 2020 from the
current 12.6 MT.
- In October 2018, Sika AG, a
specialty chemical company for building and motor vehicle supplies, has
announced the establishment of a production facility for high-performance
concrete admixtures in Dubai. The facility is worth AED 40 Mn. It has been
established as the sales center for the entire Gulf Coast Council area
(GCC).
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