Self-Compacting Concrete Market Set to Surpass USD 19.22 Billion by 2030, Fueled by Sustainable Advancements
The Self Compacting Concrete Market was worth USD 10.46 billion, projected to reach USD 19.22 billion by 2030, with a 7.9% CAGR from 2023-2030.
According to the SNS Insider report, the ๐๐๐ฅ๐-๐๐จ๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญย was valued at USD 10.46 billion in 2022, projected to reach USD 19.22 billion by 2030, with a robust CAGR of 7.9% during the forecast period 2023-2030.
the market has been witnessing growth driven by the construction industry's demand for high-performance and durable materials. SCC offers advantages such as improved workability, reduced labor costs, and enhanced structural performance, making it particularly suitable for infrastructure and building projects. The market's expansion is further fueled by the emphasis on faster construction processes, superior quality finishes, and sustainability considerations.
๐๐๐ญย ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ย ๐๐๐ฅ๐ ๐๐จ๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ
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๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
Self-compacting concrete, known for its moderate viscosity, high deformability, segregation resistance, and low yield stress, finds extensive use in precast, repair, and building industries. Its ability to flow freely, settle in cracks, and self-weighted reinforcement reduces maintenance costs, accelerates project schedules, and addresses environmental concerns. The market's growth is further propelled by the rising demand in the oil and gas sector, especially in North America. Despite its numerous advantages, higher raw material costs pose a challenge, potentially limiting adoption in price-sensitive construction markets.
๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The low noise during construction, cost reduction, growth in the oil and gas industry, and the elimination of vibration processes are key drivers for the self-compacting concrete market. Conversely, high raw material prices, eco-SCC competition, and limited usage in emerging economies act as constraints. Opportunities lie in the popularity of low-fine self-compacting concrete and the booming building and construction industry.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ฆ๐ฉ๐ก๐๐ฌ๐ข๐ฌ ๐จ๐ง ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ:
The growing global focus on sustainable construction practices and environmentally friendly materials provides a significant growth opportunity for the Self-Compacting Concrete (SCC) market. The inherent characteristics of SCC that contribute to reduced environmental impact and improved resource efficiency position it favorably in meeting the increasing demand for sustainable construction solutions.
โข ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ ๐ข๐ง ๐๐ซ๐๐๐ง ๐๐ซ๐๐๐ฌ:
The escalating need for infrastructure development in urban areas, particularly in emerging economies, creates a substantial growth avenue for SCC. Its ability to accelerate construction processes and enhance overall efficiency aligns well with the demands of large-scale infrastructure projects. The market can capitalize on this opportunity by catering to the rising demand for high-performance concrete in the construction of bridges, highways, and other critical infrastructure.
โข Advancements in SCC Formulations and Technology:
Ongoing research and development efforts in the field of self-compacting concrete are resulting in continuous advancements in formulations and technology. Innovations that improve the strength, durability, and workability of SCC open up new possibilities for its application in various construction scenarios. Manufacturers can leverage these advancements to introduce enhanced products that cater to specific industry requirements, thereby gaining a competitive edge.
โข ๐๐จ๐ฅ๐ฅ๐๐๐จ๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ๐ฌ:
Collaborations between SCC manufacturers, construction firms, and research institutions present a growth avenue. Partnerships can facilitate the development of innovative SCC solutions, address specific construction challenges, and promote the wider adoption of self-compacting concrete. Collaborative efforts can also contribute to knowledge exchange, fostering a supportive ecosystem for the market's expansion.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฐ๐๐ซ๐๐ง๐๐ฌ๐ฌ:
Increasing awareness about the benefits of SCC among architects, engineers, and construction professionals is crucial for market growth. Education initiatives highlighting the efficiency, cost-effectiveness, and sustainability advantages of SCC can drive its wider acceptance in the construction industry. Market players can invest in promotional activities, workshops, and educational programs to increase awareness and promote the use of SCC.
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
By Type of Design Mix: Viscosity agent-type self-compacting concrete dominated the Self-compacting concrete market in 2022 due to its modified mixture that enhances plastic viscosity.
By Raw Material: Admixtures, specifically ground blast furnace slag, fly ash, and stone powder, led the Self-compacting concrete market in 2022, offering improved durability and mechanical properties.
By Application: Columns application dominated the self-compacting concrete market, due to the robust compressive and tensile strength of self-compacting concrete.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฎ๐-๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฎ๐๐๐ ๐๐ซ๐:
By Raw Material: ย
โข Cement
โข Admixtures
โข Fibers
โข Aggregates
โข Additions
โข Others
By Type of Design Mix:
โข Powder Type SCC
โข Viscosity Agent Type SCC
โข Combination Type SCC
By Application:
โข Drilled Shafts
โข Columns
โข Metal Decking
โข Concrete Frames
By End-User:
โข Infrastructure
โข Oil & Gas Construction
โข Building & Construction
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
Asia-Pacific holds a 35% revenue share in 2022, leading the self-compacting concrete market. Rapid urbanization, industrialization, and significant investments in domestic infrastructure development in emerging economies like India and China contribute to this dominance.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ:
โข The self-compacting concrete market is poised to surpass USD 19.22 billion by 2030.
โข Asia-Pacific leads with a 35% revenue share in 2022, driven by rapid urbanization and industrialization.
โข Despite challenges, the market offers growth opportunities with low fines self-compacting concrete, and a thriving construction industry.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
โข In January 2023, CEMEX, S.A.B. de C.V. unveiled bio-sourced admixtures, reducing carbon footprint by up to 70%.
โข In August 2020, LafargeHolcim achieved a milestone with Ultra Low Carbon Concretes, a result of joint development with BASF, introducing self-compacting Alkali-Activated Concrete.
๐๐ฎ๐ฒ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ฌ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ
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๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ
๐. ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
๐. ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ
๐. ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
๐. ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
๐. ๐๐๐ฅ๐ฎ๐ ๐๐ก๐๐ข๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐. ๐๐จ๐ซ๐ญ๐๐ซโ๐ฌ ๐ ๐๐จ๐ซ๐๐๐ฌ ๐ฆ๐จ๐๐๐ฅ
๐. ๐๐๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐.๐๐๐ฅ๐ ๐๐จ๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ, ๐๐ฒ ๐๐๐ฐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
๐.๐๐๐ฅ๐ ๐๐จ๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ, ๐๐ฒ ๐๐ฒ๐ฉ๐ ๐จ๐ ๐๐๐ฌ๐ข๐ ๐ง ๐๐ข๐ฑ
๐๐.๐๐๐ฅ๐ ๐๐จ๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
๐๐.๐๐๐ฅ๐ ๐๐จ๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ, ๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
๐๐. ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
๐๐. ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐ซ๐จ๐๐ข๐ฅ๐
13.1 Lafargeholcim Ltd.,
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Cemex S.A.B De C.V.
13.3 Sika AG
13.4 ACC Limited
13.5 Breedon Group PLC
13.6 Tarmac
13.7 BASF SE
13.8 Heidelbergcement AG
13.9 Unibeton Ready Mix
13.10 Kilsaran
13.11 Ultratech Cement Limited
13.12 Buzzi Unicem S.P.A.
13.13 Firth Concrete
๐๐.๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
๐๐. ๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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