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Self-Healing Concrete Market Share

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

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Self-healing Concrete Market Share

Some of the major market players operating in the Self-healing Concrete industry are:

Basilisk BV
Acciona
Akzo Nobel N.V.
Sika AG
Cemex
BASF
Bouygues Construction
Kryton
Breedon Group plc
Xypex Chemical Corporation
PENETRON
BORAL

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Basilisk BV, Akzo Nobel, Sika AG are some of the major players in the self-healing concrete industry. Basilisk BV is a Dutch company that develops and manufactures self-healing concrete products. The company's technology is based on micro-organisms that produce limestone, which can autonomously repair cracks in concrete structures. Basilisk's self-healing concrete products are applicable for both new constructions and existing structures and can currently repair cracks up to 1 mm in size.

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.