Self Compacting Concrete Market is predicted to reach USD 22.11 Billion at a CAGR of 8.14% during the forecast period

Self Compacting Concrete Market is predicted to reach USD 22.11 Billion at a CAGR of 8.14% during the forecast period

Pune, India, Jan 2022, MRFR Press Release/Market Research Future has published a Half- Cooked Research Report on the Global Self Compacting Concrete Market.


Market Forecast


The global self compacting concrete market is expected to reach a value of over USD 22.11 Billion by 2030, with a CAGR of around 8.14%.


Concrete with a moderate viscosity, good deformability, great segregation resistance, and low yield stress is used to make self-compacting concrete. Self-compacting concrete is an extremely fluid mix with unique properties including a tight fit in the mould, no need for post-pour tamping, and the ability to flow easily past obstructions and formwork.


Self-compacting concrete reduces maintenance, repair, and overhauling expenses by saving labour, speeding project deadlines, reducing noise, addressing environmental issues, and ensuring less machine wear and tear.


Regulatory Framework


Procedures for manufacturing test specimens in the laboratory or in the field using a representative sample of new self-consolidating concrete are covered by ASTM C1758. Self-compacting concrete with a nominal maximum aggregate size of 25 mm and a slump flow of 500 mm or larger is suitable for this method. Follow the fabrication techniques stated in the standard for which the test specimen is needed if the slump flow is less than 500 mm.


Procedures for evaluating fresh self-compacting concrete are outlined in ISO 1920-13:2018. The following test techniques are specified: consistency determination (slump flow test), V funnel test, L box test, sieve segregation test, J-ring test, and self-compactability test.


Impact of Coronavirus Outbreak


Following a 3.5% decline in global economic activity during the COVID-19 pandemic in 2020, the second wave has regained substantial momentum. In 2022, the global economy is predicted to recover at a rate of 4.3%.


Due to global lockdowns to prevent the spread of the virus, operations at industrial facilities and construction sites came to a halt, resulting in a significant drop in cement output and consumption. Even in nations where construction was not on the list of prohibited economic activity during the blockade, the economic downturn and poor consumer confidence resulted in a drop in cement demand in the first quarter of 2020.


Segmentation


By Type



  • On the basis of end use, the global self compacting concrete market has been segmented into powder type, viscosity agent type, and combination type.

  • Because of the low water-binder ratio, powder type self-compacting concrete may be produced into high-strength concrete. The spaces between coarse particles can be filled with finer particles in an ideal powder combination made up of components of varying fineness.

  • A viscosity modifying agent in a concrete mix is used to alter the rheological properties of concrete, specifically the plastic viscosity of freshly placed concrete. The addition of a viscosity modifying agent to concrete increases the concrete's plastic viscosity and raises the yield point somewhat.

  • Combination type self compacting concrete includes both powder and viscosity agent. The inclusion of a powder content or viscosity agent is based on structural, constructional, and material availability, as well as plant constraints.


By End Use



  • On the basis of end use, the global self compacting concrete market has been segmented into infrastructure, oil & gas, and building & construction.

  • Self-compacting concrete is utilized in the building of bridges, tunnels, foundations, viaducts, and many other constructions. The use of self-compacting concrete prevents the formation of voids or honeycombing, as well as saving time, money, and energy, as well as reducing the workforce.

  • Drilled shaft construction has long been prone to poor concrete consolidation due to inaccessibility and huge reinforcing cages preventing concrete flow from the interior to the exterior of the drilled shaft. These defects may go undetected because the concrete in the shaft is never exposed for visual inspection. In the oil and gas business, they are widely utilised in the building of drilled wells.

  • It's widely employed in residential construction for a variety of reasons, including decreased labour and equipment costs, enhanced building ease, and improved quality, durability, and reliability. The use of self-compacting concrete reduces both the structure's construction tie and its permeability. Because the noise created by vibrator equipment is reduced, hand-arm vibration syndrome and hearing loss are no longer a problem.


By Region



  • North America: Regional growth for self compacting concrete in North America is driven by the high energy investment in repairing and restructuring infrastructure that are damaged. The US economy, worth USD 20 trillion, is supported by a large network of infrastructure, ranging from roads and bridges to freight rail and ports, as well as electrical grids and internet access.

  • Asia-Pacific: Asia-Pacific emerged as the fastest-growing regional market. Factors such as improving economic conditions along with fast-paced urbanization and industrialization are driving the global market growth.

  • Europe: The building sector is critical to the economy of the European Union. The industry directly employs 18 million people and accounts for around 9% of the EU's GDP. It also creates new employment, boosts economic growth, and tackles social, environmental, and energy-related concerns.


Competitor Analysis


Some of the key players operating in the global self compacting concrete market include include Cemex S.A.B De C.V. (Mexico), ACC Limited (India), Sika AG (Switzerland), Lafargeholcim Ltd. (Switzerland), BASF SE (Germany), Tarmac (UK), Kilsaran (Ireland), Heidelbergcement AG (Germany), Unibeton Ready Mix (UAE), Ultratech Cement Limited (India), Breedon Group PLC (UK), Firth Concrete (New Zealand), and Buzzi Unicem S.P.A. (Italy).

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