Self-compacting Concrete Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: MC240801 | Research Suite: Report (PDF) & Market Data (Excel)
The global market value of the self-compacting concrete market was valued at USD 11.1 billion in 2022, and a CAGR of 9.2% is expected during the forecast period. Increasing demand for using it for compaction, where even the vibrator fails to produce, such as for casting heavily reinforced sections. Increasing investment in the infrastructure market is the key reason behind the significant growth in the market.
Rapid urbanization and infrastructure development projects boost demand for the self-compacting concrete market. SSC reduces the need for manual labor and vibrators, addressing the labor shortage in the construction industry. SSC's ability to flow and fill complex mold without segregation or the need for vibration makes it suitable for intricate and high-quality construction. Cement, Fibers, and Admixtures are highly in demand.
Growth Drivers
Increasing growth in the construction sector in residential and commercial sectors is driving the demand in the market. SSC often provides a better surface finish and improved durability, leading to its adoption in high-performance applications. Innovations in SSC formulations and additives enhance its properties and widen its applications, further driving the market. The construction industry’s shift towards more sustainable and eco-friendly materials supports the adoption of SCC due to its efficient use of resources.
Increasing growth in the construction sector worldwide is driving the demand in
the market. The presence of major key players in almost all the regions is
promoting the growth in the market. Increasing demand for low noise levels is
driving growth in this market. Increasing demand for cement and fibers is
driving the demand for the self-compacting concrete market. Increasing demand
for building and construction is driving significant growth in the market.
Segmentation
By Raw Material
·
Cement
·
Admixtures
·
Fibers
·
Aggregates
·
Addition
·
Others
By Application
·
Drilled Shafts
·
Commons
·
Metal Decking
·
Concrete Frames
By End-User
·
Infrastructure
·
Oil and Gas Construction
· Building and Construction
Regional Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Middle East and Africa
·
Europe
Self-Compacting Concrete Market by
Application Segmentation
On the basis of the application, the self-compacting concrete market is segmented into drilled shafts, common, metal decking, and concrete frames. Drilled shafts are commonly used for deep foundations in areas with challenging soil conditions. It provides significant support for structures and is widely used in large-scale projects. Concrete frames are a traditional and versatile construction method. It is often used in multi-story buildings and structures requiring substantial load-bearing capacity.
Self-Compacting Concrete Market by End-User
Segmentation
On the basis of the end-user, the self-compacting concrete
market by end-user is segmented into infrastructure, oil and gas construction,
and building and construction. Infrastructure is the leading segment in the
market and is expected to dominate the market during the forecast period
because infrastructure projects such as bridges, highways, and tunnels demand
high performance in terms of strength, durability, and workability. Improved
construction efficiency, quality, and consistency are the factors behind the
significant growth in the market.
SCC is ideal for
high-rise construction due to its ability to flow easily and fill complex forms
without the need for vibration, which is important for the construction of tall
structures. It is used in structures with intricate designs, such as
architectural features and detailed facades, where traditional methods are
challenging. SCC is commonly used in the present concrete industry to produce
high-quality uniform products with smooth finishes and tight tolerance. SCC is
used in the construction of offshore platforms due to its ability to perform
well in harsh environments. In the oil and gas sector, SCC is employed for
pipelines and storage tanks, where its durability, strength, and ease of placement
are advantageous. It is also used in various industrial facilities related to
oil and gas, where high performance and durability are necessary.
Self-Compacting Concrete Market by Raw
Material
On the basis of raw materials, the self-compacting concrete market is segmented into Cement, Admixtures, Fibers, Aggregates, Addition, and Others. Cement is the leading segment in the self-compacting concrete market due to the fact that Cement is the primary ingredient in concrete mixtures, including SCC. It’s role in providing strength and binding other materials together makes it indispensable. The performance of SCC relies on the quality and type of cement used. High-quality cement contributes to the concrete’s workability, strength, and durability. Demand for high-performance concrete, including SCC, drives the cement industry.
As construction
projects become more complex and require specific properties from SCC, the need
for suitable cement formulation increases. Cement producers are continuously
innovating to develop specialized cements that enhance the properties of SCC,
such as improved flowability and stability. Ongoing innovation supports the
growth of the cement segment within the SCC market. Admixtures are chemical
agents added to SCC to improve its workability, flowability, and setting times.
Fibers are used to reinforce SCC and enhance its structural properties. Steel
fibers and synthetic fibers are on the market. Aggregates are granular
materials, like sand and gravel, that form the bulk of the concrete mix. In
SCC, the quality and gradation of aggregate are crucial for achieving the
desired flow and stability. Additions are also known as supplementary
cementitious materials, which are added to enhance the properties of SCC.
Regional Outlook
On the basis of the regions, the self-compacting concrete
market is segmented into 5 regions: Asia Pacific, North America, Latin America,
Europe, and the Middle East and Africa. North America is the leading segment,
and Asia Pacific is expected to dominate the market during the forecast period.
Increasing urbanization and increasing industrialization in the emerging
economies are driving growth in the market.
Due to the growing emphasis on quality and durability in construction projects, SSC is an attractive option due to its superior properties in comparison to traditional concrete. Supportive government policies and regulations promoting the use of sustainable and high-quality construction materials are encouraging the adoption of SSC. Growing emphasis on quality and durability in construction projects is making SSC an attractive option due to its superior properties in comparison to traditional concrete. Emerging economies like China, India, and Japan are witnessing significant growth in the construction sector.
Key Players
·
Cemex
·
ACC LTD
·
BASF
·
TARMAC
·
KISARAN
·
Breedon Group
·
Unibeton Ready Mix
·
Ultratech Cement Ltd.
·
SIKA AG
· Other Players