Self Compacting Concrete Market Worth US$ 18,337.0 Mn by 2030 Growing at 6.5% CAGR – Report by ChemView Consulting (CVC)

Self-Compacting Concrete Market Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Self-Compacting Concrete Market was worth US$ 11,079.8 Mn and is expected to grow at a CAGR of 6.5% over the forecast period. The market is expected to hit US$  18,337.0 Mn by 2030 end.

Self-compacting concretes are utilized in the construction sector to assure long-lasting concrete constructions without needing expert labor. These concretes may compact into every corner of a formwork only via their weight, eliminating the requirement for vibrating compaction.

The self-compacting ability of self-compacting concrete reduces the need for vibrations, resulting in the market for little personnel to place it. In some circumstances, the labor demand might be cut in half compared to ordinary concrete.

Using self-compacting concrete eliminates the need for energy to be consumed when performing vibration activities. Furthermore, formworks are no longer exposed to strains induced by vibration processes, lowering the actual and ongoing expenses of formworks.

Self-Compacting Concrete Market 2017-2030: Report Key Highlights:

  • Detailed information on factors that will assist Global Self-Compacting Concrete’s growth during the next eight years
  • Assessment of the historical and current Global Self-Compacting Concrete Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
  • The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
  • Segment-wise, country-wise, and region-wise market analysis
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

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Segments Covered in Report

By Raw Material:

  • Cement
  • Admixtures
  • Fibers
  • Aggregates
  • Additions
  • Others

By Design mix:

  • Powder Type SCC
  • Viscosity Agent Type SCC
  • Combination Type SCC

By Application:

  • Drilled Shafts
  • Columns
  • Metal Decking
  • Concrete Frames

By End-User:

  • Infrastructure
  • Oil & Gas Construction
  • Building & Construction

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Key Takeaways

By Raw Material: In the predicted term, the admixture segment is expected to grow to 5.7%. Admixtures have an important role in the growth of SCC by increasing its fluidity rate, minimizing water use, and reducing shrinkage, among other things. Hydrated lime, fly ash, pulverized blast furnace slag, and silica fume are some of the admixtures utilized in SCC.

By Application: The self-compacting concrete market for columns is estimated to increase at a CAGR of around 5.5% over the forecast period. Columns are structures that serve as the foundation of buildings and need a huge amount of concrete.

SCC is widely utilized in column construction because it has higher compressive and tensile strength. Furthermore, its excellent product flowability is preferred in the building business for producing columns. It also aids in the reduction of workforce requirements.

By End-User: In 2021, the self-compacting concrete market size for building & construction grabbed the biggest market share, accounting for nearly 50% of the total market. Because of its superior properties, such as high flowability, low water demand, and low shrinkage, the product has a broad range of applications in building concrete frames, columns, metal decks, and so on.

By Region: The Asia Pacific market is predicted to develop at the fastest CAGR during the projected period. Because of the region’s strong development in per capita income and expanding urbanization, the Asia-Pacific construction industry is likely to remain the largest. The Asia-Pacific region is one of the fastest-developing markets mainly due to the population growth and gradual rise in construction activities

Competition Summary

The global self-consolidating concrete (SCC) industry is relatively consolidated, with a few manufacturers controlling most of the market share.

Key companies covered in the market study are Cemex S.A.B De C.V., Lafargeholcim Ltd., BASF SE, ACC Limited, Sika Group Tarmac, Kilsaran, Heidelbergcement AG, Unibeton Ready Mix, Ultratech Cement Limited, Breedon Group PLC and Firth Concrete.

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