Self-Healing Concrete Market Research Report: Information, by Form (Intrinsic and Extrinsic), End-Use (Residential and Commercial, Industrial, Civil Infrastructure) and Region (North America, Asia-Pacific, Europe, and Rest of the World) - Global Forecast till 2030

Self-Healing Concrete Market Overview

The self-healing concrete market is showing a high growth rate with the worldwide increase in construction activities. The Global self-healing concrete market share was valued at USD 28 billion in 2020. The popularity of this concrete is increasing with an increase in awareness about its cracks healing properties.

A self-healing concrete has autogenous crack healing capacity by making the use of limestone-producing bacteria. This concrete contains a bacterial inoculation that survives in the alkaline condition of concrete structures and responds by producing lime precipitation to the availability of moisture and air in cracks. This technology considerably reduces the maintenance cost of concrete structures and enhances their life. The Global self-healing concrete market is expected to grow at a Compound Annual Growth Rate ( CAGR ) of 34% over the current forecast period ( 2021-2028 ).

Self-healing concrete, a relatively novel product, has been able to gather the attention of different end-users who are familiar with the problems associated with traditional concrete structures. The technological advancements in the product will further enhance its market growth. Moreover, The rise in awareness about the advantages of self-healing concrete and its large-scale adoption will help in saving vital resources. The global self-healing concrete market share is expected to be worth USD 310 billion by the end of the forecast period in 2028. 

Covid 19 Analysis

Covid-19 had adverse effects on the Global self-healing concrete market. The halt in construction activities during the period led to a rapid fall in the demand for this concrete. There were no new large-scale construction activities during the period owing to the economic slump and labor shortage. As a result, builders went for cost savings strategies causing a decline in the sales of self-healing concrete. Moreover, the closure of production units to curb the virus spread also led to a decline in the production rate. Furthermore, restrictions on travel and movement of goods badly disrupted the supply chain of the global self-healing concrete market.

Competitive Landscape

Self-healing concrete being a novel product, there are only a few players in the market. The major global companies playing a key role in the self-healing concrete market are :

• Basilisk (Netherlands),


• Acciona S.A. (Spain)


• Akzo Nobel N.V. (Netherlands)


• CEMEX S.A.B. de C.V. (Mexico)


• Sika AG (Switzerland)


• Devan-Micropolis (Portugal)


• Fescon (Finland)

Market Dynamics

Drivers

The rapid infrastructure development and growing urbanization are the major factors driving the growth of the Global self-healing concrete market. The self-healing concrete has wide application in bridges, dams, tunnels, etc where concrete, the major construction material, is subjected to constant stress.   Therefore, with a growing emphasis on the development of public infrastructure the market of this concrete will also get a boost. Moreover, increasing construction activities of residential and commercial buildings are also

likely to generate huge demand for self-healing concrete as it will help in reducing their maintenance cost.

Self-healing concrete is still in its nascent stage of development and advancements in this technology will make the product more popular and affordable. The development of capsular and vascular techniques has proven to be very beneficial. Moreover, the growing emphasis on the use of durable and eco-friendly construction materials will bring better prospects for the self-healing concrete market.

Restraints

The High Price of this concrete is the major restraining factor for the global self-healing concrete market. As self-healing concrete is a relatively novel product there is a lack of awareness in different regions about this concrete which limits its overall demand. Moreover, this concrete cannot heal larger cracks so the efficiency is questionable. 

Technology Analysis

Self-Healing Concrete, also known as 'Bioconcrete' is concrete that is itself capable of healing cracks in concrete structures by taking the help of bacteria. Concrete is the most important building material of our modern world. However, traditional concrete structures are often subjected to physical and biological stress. This stress leads to the development of cracks in the structure which further causes corrosion of steel reinforcement and ultimately failure of the structure. Whereas in self-healing concrete,  when there is a crack on a concrete structure, the impregnated bacteria are activated by the availability of moisture and Air and start producing lime material. This limestone then precipitates in the cracks to fill the crack, completely joining two exposed sides.

Self-healing concrete is a mixture of bacterial spores, nutritional substances, fine aggregates, coarse aggregates, and cement. Bacteria of the genus bacillus produce limestone from non-hydrated cement or calcium lactate ( precursor) in the concrete to fill the cracks. These bacteria are capable of living in an alkaline concrete environment and get activated when they receive moisture and oxygen due to the formation of cracks.

Study Objectives

The specific objectives of this market report on the global self-healing concrete market are given below:

• To provide a complete overview of the self-healing concrete market.


• To analyze and forecast the self-healing concrete market in terms of value and volume.


• To provide information about the impact of covid 19 on the market and the market response thereafter.


• To identify the problems and prospects of the self-healing concrete market.


• To give details about the technological know-how of the product and its market prospects.


• To provide an overview of the regional markets and potentially growing market segments.


• To identify the key players of the self-healing concrete industry.

Segment Analysis

Segmentation of the Global self-healing concrete market, By Form

• Extrinsic
  
  
  
  • Capsule based
  
  
  • Vascular
  
  
  
  


• Intrinsic

The capsule-based form of self-healing concrete dominates the global market. In this technique, the specific bacterial colonies along with food materials are enclosed in capsules and thoroughly mixed in concrete. Therefore, it makes the availability of bacterial colonies in every portion of the concrete structure. Hence, capsule-based Technology enables large-scale usage of this concrete and is thereby in greater demand.

Segmentation of the Global self-healing concrete market, By End-use

• Residential and commercial


• Industrial


• Civil infrastructure.

The Civil infrastructure segment occupies the major share of the global self-healing concrete market. Civil Infrastructures like Bridges, Roads, dams, and tunnels are subjected to continuous strain and are likely to develop cracks. Therefore, there is high demand for self-healing concrete in civil Infrastructures to minimize the maintenance cost. 

Regional Analysis

The different regional markets for the global self-healing concrete market are:

• Americas
  
  
  
  • North America
    
    
    
    • US
    
    
    • Canada
    
    
    • Mexico
    
    
    
    
  
  
  • South America
  
  
  
  

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

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

• Rest of the world ( RoW )
  
  
  
  • The Middle East
  
  
  •  
  
  
  
  

Europe is the largest regional segment occupying major shares of the global self-healing concrete market. The greater awareness about the product and its benefits are helping to generate huge demand for this concrete in this region. Moreover, the greater government support and emphasis on the use of sustainable products make this region an indisputable leader. 

North America is the fastest-growing regional segment. The rapid growth of the construction industry and willingness to use modem construction materials creates demand for self-healing concrete in this region. Moreover, active research backup for development on the product technology will help in boosting the market growth. 

The booming construction industry in the Asia Pacific region is creating favorable market prospects for self-healing concrete. The rise in awareness, as well as the disposable income of people, will help in fuelling the market growth in this region.

The market in the Middle East, African, and Latin American segments is expected to witness moderate growth over the forecast period.

Recent Developments

• In July 2021, JP concrete, a leading supplier of sustainable precast concrete products, signed an agreement with Basilisk, the pioneer of self-healing concrete Technology, to use its new Sensicrete compound. This deal will make JP concrete the first UK-based company to offer self-healing concrete products.

Intended Audience

This report will be beneficial for every stakeholder of the self-healing concrete market such as :

• Manufacturers of Self-healing concrete


• R&D Institutes


• Traders and Suppliers


• Potential investors


• End-user industries

Report Overview

This report from Market Research Future provides an in-depth analysis of the self-healing concrete market in terms of current value and future forecast. This report also highlights the problems and prospects of the given market.

Moreover, the technological analysis section of the report will help in knowing the product better and its market prospects. Furthermore, this report contains a detailed analysis of every segment of the given market for the current forecast period. This report has also highlighted the key players and the current developments in the self-healing concrete market.