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Self-Healing Concrete Market Analysis

  • Report ID: GMI7497
  • Published Date: Nov 2023
  • Report Format: PDF

Self-healing Concrete Market Analysis

The biotic concrete segment valuation crossed USD 35.30 billion in 2022. Biotic Concrete, also known as bio-based self-healing concrete, incorporates living microorganisms such as bacteria or fungi into its composition. These microorganisms remain dormant within the concrete until cracks occur, at which point they are activated to produce minerals that fill the fissures, promoting autonomous healing. Biotic Concrete aligns with the growing demand for sustainable and eco-friendly construction solutions, and its market share is expanding as environmental consciousness becomes integral to construction practices.
 

Global Self-healing Concrete Market Revenue Share (%), By Form, (2022)

The intrinsic form segment held around 39.82% market share in 2022 and is expected to grow at a lucrative pace by 2032. Intrinsic self-healing concrete refers to a formulation where the healing agents are an inherent part of the concrete mix, providing autonomous repair capabilities without the need for external interventions. This category is gaining traction due to its simplicity and seamless integration into conventional construction practices, contributing to a notable share of the market.
 

Based on application, the residential construction captured the dominant market in 2022 and is anticipated to grow through 2032. In residential construction, the integration of self-healing concrete is gaining traction as homeowners seek durable and low-maintenance solutions. The market share in this segment is growing as awareness increases regarding the benefits of self-healing concrete in ensuring the longevity of residential structures.
 

North American Self-healing Concrete Market Size, 2021 - 2032 (USD Billion)

North American self-healing concrete market size exceeded USD 12.86 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032. In the United States and Canada, where aging infrastructure is a concern, the demand for self-healing concrete is particularly pronounced. The application of self-healing concrete in the repair and maintenance of bridges, highways, and other critical structures aligns with the region's infrastructure development goals. Moreover, stringent environmental regulations and a focus on sustainable construction practices contribute to the increasing market share of self-healing concrete in North America.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of self-healing concrete was worth USD 56 billion in 2022 and will reach USD 863 billion by 2032, due to the surging need to autonomously repair cracks and damages across the construction sector.

Demand for biotic self-healing concrete crossed USD 35.3 billion in 2022 on account of the growing demand for sustainable and eco-friendly construction solutions.

The intrinsic form segment held around 39.82% of the self-healing concrete market share in 2022 and is expected to grow at lucrative pace by 2032, owing to benefits, such as simplicity and seamless integration into conventional construction practices.

North America self-healing concrete market size was valued at USD 12.86 billion in 2022 and is anticipated to expand at significant pace from 2023-2032 due to the growing concerns regarding aging infrastructure in the U.S. and Canada.

Self-healing Concrete Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 210
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