Rapid Strength Concrete Market Insights Report by 2024 - Trends & Future Growth Factors

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Rapid Strength Concrete Market Global and
Regional Analysis by Key Players during 2019 -
2024

• At present, sustainability is becoming more and
  more important in the designing and construction
  of transportation infrastructure. Notable players
  in rapid strength concrete industry have been
  continuously working on RD programs to minimize
  the impact of concrete on the environment with
  the development of next-generation sustainable
  cement.
• Additionally, with the soaring annual prices of
  construction material, cement manufacturers have
  also been adopting several business strategies to
  strengthen their business position by
  manufacturing affordable construction materials.
  Indeed, the shifting trends toward development of
  low cost, eco-friendly, and high-performance
  cement are certain to extensively impact the
  revenue graph of rapid strength concrete market,
  which is slated to remain exponential over the
  years ahead.

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• Rapid Strength Concrete Market Scenario

• The deployment of rapid strength concrete,
  incidentally has helped numerous construction
  companies reduce their capital expenditure. For
  instance, one the UK based highway management
  company, Kier Highways, merely a year ago,
  successfully saved around GBP 35 million from the
  government allotted budget in a single project
  with the use of rapid strength concrete. Using
  the material for highway repair enabled Kier to
  prevent lane closure, since the concrete
  possessed the ability to dry faster, enabling the
  construction crew to complete the work much more
  quickly than it would have taken otherwise.
• Speaking of yet another similar incidence,
  US-based Boxley Materials Inc. used BASFs
  patented concrete system to invent a high
  compressive strength concrete that possesses very
  less setting time, in order to the minimize time
  required for lane closure. The increasing
  awareness among construction companies regarding
  the productive benefits of this concrete type
  will indeed boost rapid strength concrete market
  share. Not to mention, the increasing investments
  in technology innovations to accomplish local
  building demands and promote sustainable
  construction will further propel rapid strength
  concrete industry outlook positively.

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• Regional Analysis

• Many governmental bodies have been focusing on
  the improvement of internal mobility facilities,
  on the grounds of which they have been launching
  new projects for constructing freeways and
  highways. The California Department of
  Transportation in 2015, for example, launched one
  of the largest slab replacement projects in North
  America that required precast concrete pavement
  slabs for rapid highway constructions. Thus, the
  increasing number of state road construction
  projects across North America will push the
  regional rapid strength concrete industry share.
  As per estimates, North America rapid strength
  concrete market size has been projected to
  register a CAGR of more than 5 over 2017-2024.

• Competitive Analysis

• The prominent rapid strength concrete market
  share contributors are Aggregate Industries,
  Bostik, Boral Limited, CEMEX, Tarmac, Sakrete,
  Short Load, Perimeter Concrete Ltd, Sika
  Corporation, BASF, Westbuild Group, Perimeter
  Concrete, CTS Cements, Evecrete India, Holcim
  Ltd.and Instarmac.

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