Self-Compacting Concrete Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

  • Single User License $3500

Self-Compacting Concrete Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : September, 2022 | Chemical & Materials

Report Digest


Global Self-compacting Concrete Market: Snapshot 

Self-consolidating or self-compacting concrete refers to a blend which comprises moderate viscosity, good resistance to segregation, high deformability, and low yield stress. In generic terms, when self-compacting concrete or SCC is poured, it is an extensively fluid mixture that flows easily around and within the formwork, can flow around the corners and through obstructions, is very close to self-levelling, does not need tamping or vibration, and gets into the texture and shape of a mold. Thus, pouring self-compacting concrete is less labor exhaustive in comparison to standard concrete mixes. Self-compacting concrete does not also use much amount of water in order to become a liquid. 

The global market for self-compacting concrete has been witnessing substantial growth due to an extensive upsurge in the global building and construction industry along with aesthetics and engineering advantages. They primary factors that have been influencing the growth of the global self-compacting concrete market and is likely to maintain a strong impact on the market are enhanced quality of air, substantial decrease in the cost of MRO, and elimination of the vibration process during laying the SCC coupled with a less environment harmful procedure. The market is further expected to foster with the robustly progressing repair activities of old structures and the incessantly expanding construction industries across the globe. However, the market is expected to face challenges from an alternative that is emerging known as Eco-SCC.

Global Self-Compacting Concrete Market: Overview 

The global self-compacting concrete market is gaining considerably traction from the rising building and construction activities especially across the emerging nations. Between 2017 and 2025, experts predict strong growth of the market. Self-compacting concrete comes will several properties such as it significantly reduces costs incurred on maintenance, repairing, and overhauling (MRO), and has minimum impact on the environment. 

With environmental laws across the globe getting tougher with every passing days, industries are compelled to look for more eco-friendly materials. Spurred by the factor, the demand for self-compacting concrete is expected to surge in the building and construction industry in the coming years. The report studies in detail growth trajectory of the global self-compacting concrete market and the factors influencing the same. It identifies the growth drivers and key restraints besides assessing opportunities existing for the market across the key regional segments. 

Global Self-Compacting Concrete Market: Key Market Segments

Self-compacting concrete is extensively used in the construction of concrete frames, which also constitute one of the key application segments in the global self-compacting concrete market. As the concrete frame industry aims towards improvement in the process of designing and building in-situ frame buildings, the demand from the segment will continue to rise. Given the scenario, both efficiency and profitability of all members across the supply chain from building construction will improve, subsequently increasing opportunities for the concrete frames segment in the overall self-compacting concrete market. 

In terms of end user, infrastructure constitute one of the key market segments. Constructing a building or architectural structure as per contemporary standards has certain specific requirements. It is therefore necessary to develop concrete with specific properties to meet the requirements. This has resulted in the development of self-compacting concrete, which flows under its own weight and thus can easily fill formworks. Furthermore, self-compacting concrete is compacted under the influence of self-weight, without any additional processing. These factors have significantly impacted the use of self-compacting concrete in the infrastructure sector. 

Global Self-Compacting Concrete Market: Regional Outlook 

Among all regional segments, Asia Pacific has been exhibiting high lucrative opportunities for the market. Considerable rise in construction activities in the region, coupled with rapid urbanization, has helped the market players establish strong presence in Asia Pacific. Opportunities for the market players are especially ripe in India and China, as both the countries showcase high expenditure on infrastructural developments. The growth of power and transportation sectors will also aid the expansion of the self-compacting concrete market in India. 

Besides this, the market will also gain pace from the rising residential and non-residential construction in Europe. In North America due to stagnancy the market will witness comparatively lesser opportunities. 

Global Self-Compacting Concrete Market: Vendor Landscape 

For an in-depth overview, the report provides a detailed assessment of market’s vendor landscape. It therefore includes profiles of some of the leading companies operating in the global self-compacting concrete market. This section covers the development status of the companies profiled, besides analyzing the impact of their latest mergers and acquisitions. For the purpose of the study, information is also obtained from the financial records of these companies. Furthermore, strengths and weaknesses of the companies profiled are analyzed using SWOT analysis. This also helps readers in identifying the opportunities and threats that the companies are likely to face in the forecast period. 

Some of the most prominent companies in the global self-compacting concrete market are LafargeHolcim Limited, CEMEX S.A.B. de C.V., Sika Group, BASF SE, and ACC Limited. In order to strengthen their market position, a majority of these companies are focusing on product launch and diversification.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?