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Self-Compacting Concrete Market Trends

Report ID: GMI1717
Published Date: Aug 2023
Report Format: PDF

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Self-Compacting Concrete Market Trends

The increasing adoption of sustainable construction practices is one of the major trends influencing the market expansion. The rising environmental concerns has pushed the construction industry to seek various eco-friendly solutions, adding to the market size.

For instance, in March 2022, to spread awareness about the usage of green cement, the governments of India, the U.K., Germany, the UAE, and Canada, as part of the new Industrial Deep Decarbonization Initiative, announced a pledge to purchase low-carbon steel and concrete from the heavy industry. The growing stringency of green building standards and regulations is likely to further drive the market demand.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of Self-compacting concrete is set to grow at 5.3% CAGR from 2023 to 2032, attributed to the ongoing government initiatives aimed at constructing new housing infrastructure.

The admixture segment is anticipated to expand at more than 5.5% CAGR through 2032, owing to the rising demand for high-performance additives.

Asia Pacific market size is posed to foresee significant growth at more than 5% CAGR till 2032, driven by the rapid industrialization and urbanization of the region.

Some of the major companies engaged in the market are ACC Ltd., Unibeton Ready Mix, Ultratech Cement Ltd., Sika AG, Tarmac Trading Ltd., CEMEX, LafargeHolcim, BASF SE, Gilson Company, and Breedon Group.