Self consolidating Concrete Market Analysis

Global Self-consolidating Concrete Market Overview

The self-consolidating concrete market is projected to register a CAGR of 6.9% from 2020-2027. S.C.C., or self-compacting concrete, is a concrete mix with moderate viscosity, high deformability, strong segregation resistance, and low yield stress. Self-compacting concrete is a very fluid mix with unusual properties, such as tightly fitting into the shape of the mold without requiring tamping after pouring and simply flowing around impediments and formwork. The  self-consolidating concrete market size is expected to reach approximately USD 18.90 billion by 2030. Self-compacting concrete is most employed in precast and repair applications. Furthermore, its application in the building industry has increased. Self-compacting concrete can flow quickly and settle in the most congested fractures, as well as set to be reinforced areas that are entirely self-weighted.

COVID-19 Impact Analysis

To secure long-term profitability, companies must cut carbon emissions; cement production contributes 7 to 8% of world emissions; hence the industry's requirement to attain carbon neutrality is expanding. Due to international closures to prevent the spread of illness, activity at industrial plants and construction sites ceased, resulting in a considerable slowdown in concrete output growth. Product sales have decreased as the COVID-19 outbreak in many nations has receded, resulting in overcapacity. Cement consumption declined in the first half of 2020 due to the economic crisis and low consumer confidence, even in countries where construction was not on the list of prohibited economic activities during the lockdown.

Self-consolidating Concrete Market Dynamics

The growing need for a non-vibrating process for laying concrete, the reduction in the cost of M.R.O., the improvement in air quality, and the less negative impact on the environment in self-consolidating concrete-based repair and construction activities can all be attributed to the growth of the market. The market is also expected to profit from the concrete's safety and health benefits and improved construction and performance results. The high cost associated with its application in all developing nations is projected to impact the worldwide self-consolidating concrete industry. Furthermore, the development of advanced self-consolidating concrete is expected to alter the scenario in the Asia Pacific region radically. For instance, in November 2019, Mexico's government announced a private-sector effort to revitalize the country's faltering economy by investing about 859 billion pesos (US$44 billion) in infrastructure development. Seventy-two projects were completed in 2020, and another 41 are slated to be completed between 2021 and 2024, according to the plan's specifics.

Market Drivers

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  Increased demand for a non-vibrating technique

  
  

Self-compacting concrete is frequently used to construct drilled holes in the oil and gas industry. The rising demand for a non-vibrating process for setting concrete, lower M.R.O. costs, greater air quality, and less negative environmental impact on self-consolidating concrete-based reworking and building operations can all be attributed to the growth of the self-compacting concrete market. Drilled shafts are deep foundation solutions in which concrete is used to fill cylindrical shafts drilled into the soil to support structures subjected to significant axial and lateral strains. Self-compacting concrete is also easier to install and takes less time. Self-compacting concrete can outperform ordinary concrete in appearance, mechanical properties, and longevity.  financing in the oil and gas sector is expected to drive demand for self-compacting concrete. For instance, Ambuja Cement has been known for its innovation and R&D since its inception, and the company seeks to leverage this knowledge to develop new products and services to serve its customers better. Ambuja Cements Limited has launched a first-of-its-kind initiative, the 'Concrete Futures Laboratory' (C.F.L.), to support this quest. The C.F.L. is a one-stop solution for the community of Architects, Engineers, and Construction Professionals (A.E.C.).

Market Restraints:

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  The cost of raw materials fluctuates dramatically due to supply-demand imbalances

  
  

High raw material prices and eco-SCC as an alternative to self-compacting concrete are expected to act as key restraints on the self-compacting concrete market growth rate in the forecast period, whereas limited usage of self-compacting concrete in emerging economies is expected to challenge market growth in the forecast period.

Market Opportunities:

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  The rise in popularity of self-compacting concrete with reduced fines

  
  

The growing popularity of low-fines self-compacting concrete (smart, dynamic concrete) and the building and construction industry's rapid growth are likely to provide a variety of growth prospects for the market throughout the forecast period.

Self-consolidating Concrete Market Segmentation

Constituent Insights

The  self-consolidating concrete market segmentation, based on constituent, is cement, aggregates, admixtures, and other constituents. The  self-consolidating concrete market growth was prominently high under the admixtures category in 2021 and is expected to dominate the market at the fastest CAGR during the projected period. Admixtures have the largest market share because they give stability and resistance to segregation of the plastic concrete mixture. Admixtures are used to modify the viscosity of a mixture, particularly when the grading of available aggregate sources cannot be optimized for cohesive mixes or when source variations are substantial. A well-distributed aggregate grading contributes to S.C.C. with less cementitious materials content and a lower admixture dosage. They're also utilized to boost the strength of concrete.

Application Insights

The  self-consolidating concrete market segmentation, based on application, is precast concrete, architectural, residential, infrastructure, and other applications. The infrastructure sector accounted for the greatest  market share in 2021 and is expected to grow at the fastest CAGR. Self-consolidating concrete is a relatively new technology that delivers high flow rates, strong bonding, low permeability, and smooth surfaces compared to traditional technologies such as shotcrete. Self-consolidating concrete can also be employed in confined places to match a structure's existing geometry. Self-consolidating concrete (S.C.C.) has risen in popularity in the infrastructure construction industry in recent years because of these advantages. S.C.C. is used in various applications, such as slabs, elevated decks, thin and radiant floors, columns, bridge pier repair and rehabilitation, and full-depth precast bridge deck panels.

Global Self-consolidating Concrete Market Share, by Region, 2021 (%)Self-consolidating Concrete Market Overview, by Region

By region, the  self-consolidating concrete market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific region accounted for the most extensive market share, and North America is anticipated to grow at the highest CAGR during the review period.

Asia-Pacific

Due to the region's thriving building and construction industry, which is increasing demand for self-consolidating concrete, the Asia-Pacific region held the highest position in the market in 2020, up to 48%. Construction is rising in China and India, with large sums of money pouring in. It is projected to alter dramatically over the forecast period, notably in India, due to numerous enterprises developing and implementing S.C.C. The building industry contributes significantly to India's G.D.P. The industry is a springboard for new opportunities because it contributes significantly to India's G.D.P.

North America

North America is anticipated to see the fastest growth during the projection period due to supportive government measures and improved infrastructure. Furthermore, economic improvements in nations such as Brazil and the Middle East will likely aid market expansion. The growing oil & gas industry in the US will increase drilling activities, eventually propelling the self-compacting concrete market size over the projected timeframe. Furthermore, Saudi Arabia will invest over USD 500 billion in a megaproject to expand its economy, which will positively impact the industry size over the forecast period.

Self-consolidating Concrete Market Competitive Landscape

The market includes tier-1, tier-2, and local players. The tier-1 and tier-2 players have  reach with diverse product portfolios. Companies such as BASF SE, CEMEX S.A.B. DE C.V., Breedon Group plc, LafargeHolcim, Sika AG, Tarmac, UltraTech Cement Ltd., Unibeton Ready Mix, among others, dominate the  market due to product differentiation, strategic developments, financial stability, and diversified regional presence. Self-consolidating concrete firms are focusing on developing new and inventive methods to make facility assets and services relevant and necessary for improving customer experience, business administration, occupational physiology, and supporting their core business. Property management services are tailored to property owners' short and long-term financial goals. Service and solution providers develop a strategic property operations plan for their customers based on a zero-based operating budget and capital plan. To expand their market footprint and acquire more clients, these market players are investing in R&D and engaging in marketing strategies such as partnerships & collaborations, mergers & acquisitions, product launches, and developments.

Major  self-consolidating concrete market research players include Cemex S.A.B. De C.V., BASF SE, Lafargeholcim Ltd., A.C.C. Limited, Heidelbergcement AG, Sika Group Tarmac, Breedon Group P.L.C., Kilsaran, Unibeton Ready Mix, Ultratech Cement Limited, Firth Concrete, Buzzi Unicem S.P.A, among others.

Scope of the  Self-consolidating Concrete Market Report

Constituent Outlook

• Cement


• Aggregates


• Admixtures


• Other Constituents

Application Outlook

• Precast Concrete


• Architectural


• Residential


• Infrastructure


• Other Applications

Region Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • UK
  
  
  • Germany
  
  
  • France
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • India
  
  
  • Japan
  
  
  • Australia and New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • South America
  
  
  • Middle East
  
  
  • Africa
  
  
  
  

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

Self-consolidating Concrete Market Forecast & Size

To identify and estimate the market size for the  self-consolidating concrete market report segmented by constituent and application by value (in US dollars). Also, to understand the consumption/ demand created by consumers in the  self-consolidating concrete market forecast between 2020-2027.

Market Landscape and Trends

To identify and infer the drivers, restraints, opportunities, and challenges in the  self-consolidating concrete market growth

Market Influencing Factors

To find out the factors which are affecting the  self-consolidating concrete market size among consumers

Recent DevelopmentAug 2022: Improving the green credentials and eco-friendliness of self-compacting concrete is essential to help construction projects which utilize this material meet their net zero carbon targets. Overall, cement production is responsible for around 5-7% of total global carbon emissions, meaning that it has a massive impact on climate change.

Intended Audience

• Producers


• Raw material suppliers


• Retailers, wholesalers, and distributors


• Governments, associations, and industrial bodies


• Companies