Self-Compacting Concrete Market to Grow at 5.7% CAGR to Hit $US 18.18Bn By 2026

Jan 19, 2017

The global self-compacting concrete market is projected to reach USD 15.18 billion by 2026, at a CAGR of 5.7% during the forecast period while the powder type self-compacting concrete is the largest type of design mix segment in the global self-compacting concrete market.

Pune, India - January 19, 2017 /MarketersMedia/ —

Elimination of mechanical compaction by self-compacting concrete saves time and labor. It also reduces rework, equipment requirements, and damages to formworks. Use of self-compacting concrete in construction activities results in low level of noise and offers exceptional finishing. Growth of the self-compacting concrete market has been driven by varied factors, such as non-requirement of vibration processes in laying self-compacting concrete, significant reduction in maintenance, repairing, and overhauling (MRO) costs of self-compacting concrete, and limited impact on the environment. However, high costs associated with the use of self-compacting concrete and limited use of self-compacting concrete in construction activities in emerging economies are factors restraining the growth of the market.

Complete report on self-compacting concrete market spread across 172 pages, profiling 13 companies and supported with 113 tables and 48 figures is now available at http://www.reportsnreports.com/reports/817818-self-compacting-concrete-market-by-type-powder-viscosity-combination-application-drilled-shafts-columns-metal-decking-concrete-frames-end-user-oil-gas-construction-infrastructure-building-construct-st-to-2026.html .

The infrastructure end user segment accounted for the largest share of the global self-compacting concrete market in 2015. Large-scale investment projects, especially in the Middle Eastern and African countries serve to be a key factor driving the growth of the global self-compacting concrete market. The infrastructure segment is the biggest consumer of self-compacting concrete owing to increasing construction of drilled shafts, columns, metal decking, and concrete frames.

The report, as part of qualitative analysis, provides a comprehensive overview of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players such as CEMEX S.A.B. de C.V. (Mexico), LafargeHolcim Limited (Switzerland), Tarmac (U.S.), Sika Group (Switzerland), BASF SE (Germany), and ACC Limited (India), among others.

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Among all types of design mix, the powder type self-compacting concrete segment accounted for the largest share of the global self-compacting concrete market in 2015. This segment is projected to grow at the second-highest CAGR between 2016 and 2021. Powder type self-compacting concrete provides the required self-compatibility by reducing water-powder ratio, thereby offering adequate segregation resistance. A high demand for powder type self-compacting concrete is witnessed globally, owing to its low water-binder ratio.

The Asia-Pacific region accounted for the largest share of the global self-compacting concrete market in 2015. This growth is mainly attributed to the increasing construction activities in countries such as Japan, India, Thailand, Singapore, Australia, and Malaysia.

Get a representative sample copy of this research at http://www.reportsnreports.com/contacts/requestsample.aspx?name=817818 .

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