Data Bridge Market Research says the global self-compacting concrete market accounted for $9.2 billion in 2016 and is projected to grow at a CAGR of 6.1% during the forecast period of 2017 to 2024.
The report titled Global Self-Compacting Concrete Market – Industry Trends and Forecast to 2024, contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Self-Compacting Concrete Market
Self-consolidating is a concrete mixture that high segregation resistance and low yield stress. SCC flows under its own weight and does not require any external vibration for compaction. It is also high fluid mix as it sets in the shape of the texture of the mold very closely. It has its wide application in infrastructure, building & construction, and oil & gas construction. Non-requirement of vibration processes in laying self-compacting concrete and low noise involved in construction activities using self-compacting concrete may act as the major driver in the growth of self-consolidating concrete market. High costs of raw material may hamper the market.
Major Market Drivers: Global Self-Compacting Concrete Market
Non-requirement of vibration processes in laying self-compacting concrete
Low noise involved in construction activities using self-compacting concrete
Significant reduction in overall costs of self-compacting concrete
High costs of raw materials
Market Segmentation: Global Self-Compacting Concrete Market
The global self-compacting concrete market is segmented on the basis of raw material into cement, admixtures, fibers, aggregates, and additions. The admixtures segment is further sub segmented into fly ash, superplasticizer, acrylic copolymers (AC), and Polycarboxylate ethers (PCE). The aggregates segment is further sub segmented into Sand. The additions segment is further sub segmented into stone powder, and others. The others segment is further sub segmented into silica fumes, ground (granulated) blast furnace slag, ground glass filler, and pigments.
On the basis of design mix, the global self-compacting concrete market is segmented into powder type self-compacting concrete, viscosity agent type self-compacting concrete, and combination type self-compacting concrete.
On the basis of application, the global self-compacting concrete market is segmented into columns, and concrete frame. The columns segment is further sub segmented into drilled shaft, and metal decking.
On the basis of end-user, the global self-compacting concrete market is segmented into infrastructure, building & construction, and oil & gas construction.
On the basis of geography, the global self-compacting concrete market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Self-Compacting Concrete Market
The global self-compacting concrete market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Self-Compacting Concrete Market
Some of the major players in global self-compacting concrete market include CEMEX S.A.B. de C.V., ACC Limited, SIKA AG, LafargeHolcim, BASF SE, Tarmac Trading Limited, Kilsaran, HEIDELBERGCEMENT AG, Unibeton Ready Mix, UltraTech Cement Ltd., Breedon Group plc, Firth, Buzzi Unicem USA Inc., and others.
Research Methodology: Global Self-Compacting Concrete Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.