Self compacting concrete market – usd 30.2bn revenue by 2024

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Self-Compacting Concrete Market USD 30.2bn
revenue by 20242017-2024
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Key Insights from Self-Compacting Concrete Market

• Strong product demand in North America which is
  attributed to rising drilling activities majorly
  due to growing oil gas industry will make
  substantial contribution to self-compacting
  concrete market size by 2024. For example,
  according to World Oil, drilling activities in
  the U.S. will increase by 26.8 in 2017 and
  henceforth augmenting drilling wells count to
  18,552. Product is extensively used in oil gas
  industry mainly in drilling shafts, pipelines,
  etc. to recover reserves beneath the ground, or
  to set up pipelines for transporting crude
  oil/gas from one place to another which will make
  prominent contribution to the Self-Compacting
  Concrete Market size in the forecast timespan.
• High cost of raw material including admixture,
  fibers, etc. and restricted product use in
  infrastructure sector may hinder self-compacting
  concrete market size by 2024. However, better
  aesthetic value, low yield stress and reduced
  labor cost of product compared to conventional
  concrete will to generate growth avenues for
  self-compacting concrete market size by 2024.

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Continued...

• In terms of revenue, admixture for
  self-compacting concrete market size was valued
  over USD 10 million in 2016. These are mineral
  admixtures which comprise of fly ash, hydrated
  lime, silica fume and ground blast furnace slag.
  It also constitutes chemical admixture which
  includes super plasticizers, viscosity modifying
  agents, etc. They possess properties similar to
  concrete which enhances the strength and density
  of finished concrete and henceforth augment the
  overall performance of concrete in the longer run
  which will make noteworthy contribution to
  self-compacting concrete market size by 2024.
• Self-compacting concrete market share for
  viscosity agent design mix is anticipated to rise
  at over 4.5 CAGR in the near future. In this
  type, lower powder quantity is used which is
  approximately 350-450 kg/m3 which results in
  higher water/cement ratio and high water/powder
  ratio. It is characterized by modifying concrete
  structure at a microscopic level, enhancing
  viscosity and improving stability, but is
  preferred less compared to combination owing to
  its cost ineffectiveness.

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Continued...

• Self-compacting concrete market for drilled
  shafts was valued over USD 2 billion in 2016.
  Product finds extensive applications in oil
  gas, building construction and infrastructure
  industry, etc. This technique is employed to
  avoid coarse aggregates congestion which lead to
  segregation of concrete inside and outside of the
  cage owing to its greater workability compared to
  conventional drilled shaft concrete which will
  make substantial contribution to self-compacting
  concrete market size by 2024.
• Self-compacting concrete market for building
  construction attained a major chunk of the
  overall industry share which was valued over USD
  10 billion in 2016. Self-compacting concrete is
  extensively used in constructing buildings in
  commercial and residential sector owing to value
  added properties of product which includes low
  yield stress, aesthetic value, lower labor cost,
  etc. This technology does not require vibration
  to settle and maintains homogeneity owing to its
  high flowability and thus will make significant
  contribution to building construction segment
  of self-compacting concrete market size by 2024.

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Industry Coverage

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U.S. self-compacting concrete market size, by
application, 2013 - 2024 (USD Million)

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Major Companies in Self-Compacting Concrete
Market

• Sika
• BASF
• Buzzi Unicem
• Unibeton
• Ultratech Cement
• CEMEX
• Breedon

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Regional Insights in Self-Compacting Concrete
Market

• Asia Pacific self-compacting concrete market size
  attained the highest market size and was valued
  over USD 14 billion in 2016. This is mainly due
  to rapid industrialization and urbanization which
  is chiefly due to rising population pace which
  will drive construction industry in the region in
  the near future.
• Government has been forming policies under
  structural reform plans to implement large
  projects in order to improve the overall
  infrastructure in the region which will
  positively influence the self-compacting concrete
  market size by 2024.

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