Global quick strengthening concrete market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
The quick strengthening concrete market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of US$ 450 billion by 2024, with an anticipated CAGR of 7% through 2024. The construction industry is facing a swift surge of development activities functioning all around the globe. Therefore, the industry needs high performance building materials such as quick strengthening concrete to support this hike in construction.
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According to its strength segment, quick strengthening concrete with compressive strength above 80 MPa has the major application in the pavement of highways and airfields because of its quicker drying rate and durable nature. This concrete would witness a high surge in its demand in India in the future due to the upcoming world bank funded highway projects in India. Various airfields, runways and airports are being constructed and renovated in various states in India which would boost the quick strengthening concrete market till 2024.
Roads and bridges acquires more than 20% of the total quick strengthening concrete market. Advanced development in the ongoing construction of roads and bridges in North America is going to propel the industryin the near future. Heavy construction activities for the repair and upgradation of bridges in the U.S. will considerably increase the quick strengthening concrete marketby over 6% CAGR till 2024.
Top Industry Players –
- Aggregate Industries UK Ltd.,
- Boral Limited,
- CEMEX S.A.B. de C.V,
- Perimeter Concrete Ltd.,
- Short Load Concrete Inc.,
- Sika Corporation,
- Westbuild Group,
- BASF SE,
- Perimeter Concrete Ltd.,
- Holcim Ltd.,
- CTS Cements,
- Evecrete India
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Increasing high-rise and multi-story construction operations across the globe will trigger the future growth and development of the quick strengthening concrete marketowing to its time-saving and higher strength advantages. Every government around the world is presently emphasizing on the use of environment-friendly construction materials, which would benefit the quick strengthening concrete marketimmensely.
Quick strengthening concrete is a recent technology in the construction industry, therefore the awareness about the product is considerably low which may act as a limiting factor for the industry growth. Nevertheless, growing high rise buildings and mega projects globally will fortify the quick strengthening concrete markettill 2024.
The key players in the quick strengthening concrete market share are Sika Corporation, Aggregate Industries, BASF, Boral Limited, Tarmac, Bostik, Sakrete, CEMEX, Perimeter Concrete Ltd, Westbuild Group, Short Load, Evecrete India, CTS Cements, Instarmac and Holcim Ltd. The aforementioned players are strategizing mergers and acquisitions with new and innovative products to increase the market efficiency. For instance, in April 2016, Sika Group acquired L.M. Scofield Company of Los Angeles, it’s a concrete product producer to expand its product segment which will help boost company’s development in the future.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Quick strengthening concrete industry 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Strength by application trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Quick Strengthening Concrete Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Profit margin analysis
3.3.2. Value addition at each stage
3.3.3. Distributor channel analysis
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3.3.4. Vendor matrix
184.108.40.206. List of key manufacturers
220.127.116.11. List of key/potential customers
3.4. Raw material trends
3.5. Technology trends
3.6. Industry impact forces
3.6.1. Growth drivers
18.104.22.168. Revival of the U.S. and European construction industry
22.214.171.124. New construction projects in the U.S.
126.96.36.199. Rapidly growing building & construction industry in Asia Pacific
3.6.2. Industry pitfalls & challenges
188.8.131.52. Lack of awareness in emerging economies
3.7. Regulatory landscape
3.8. Growth potential analysis
3.9. Competitive landscape
3.9.1. Strategic dashboard
3.9.2. Patent analysis
3.10. Porter’s analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Industry rivalry
3.11. Regional price trends
3.11.1. Cost structure analysis
184.108.40.206. R & D cost
220.127.116.11. Manufacturing & equipment cost
18.104.22.168. Raw material cost
22.214.171.124. Distribution cost
126.96.36.199. Operating cost
188.8.131.52. Miscellaneous cost
3.11.2. Price by product
3.12. PESTEL analysis
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