Self-Consolidating Concrete Market Overview | Share, Size, Demand, Industry Structure Analysis, Forecast 2027
Market Synopsis
According to the study presented by
Market Research Future (MRFR), the global Self-Consolidating Concrete Market Overview 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 overview 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.
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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