USD 8.08 billion
Bendable/Flexible Concrete Market Size, Share, Growth Analysis, By Type(Fiber-Based Bendable Concrete, and Polymer-Based Bendable Concrete), By Application(Infrastructure, and Building & Construction), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG15F2037 |
Region:
Global |
Published Date: March, 2024
Pages:
184
|Tables:
61
|Figures:
75
Bendable/Flexible Concrete Market Insights
Bendable/Flexible Concrete Market size was valued at USD 11.49 Billion in 2023 and is poised to grow from USD 16.34 Billion in 2024 to USD 273.15 Billion by 2032, growing at a CAGR of 42.2% during the forecast period (2025-2032).
The increasing investment in infrastructure and construction projects in these countries is driving the demand for bendable/flexible concrete. The use of bendable/flexible concrete in earthquake-resistant structures and the increasing adoption of sustainable construction practices are driving the demand for bendable or flexible concrete worldwide. Some companies are investing in research and development activities to develop innovative products and strengthen their market position.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Fiber-Based Bendable Concrete
Fastest Growth
Polymer-Based Bendable Concrete
Growth Rate
42.2% CAGR
Global Bendable/ Flexible Concrete Market ($ Bn)
Country Share for North America Region (%)
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Bendable/Flexible Concrete Market Segmental Analysis
The global bendable/ flexible concrete market is segmented by type, application, and region. Based on type, the market can be segmented into fiber-based bendable concrete and polymer-based bendable concrete. IN terms of application, the market is segmented into infrastructure, and building and construction. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Bendable/ Flexible Concrete Market Analysis by Type
Based on classification by type, the market is segmented into fiber-based bendable concrete and polymer-based bendable concrete. Fiber-based bendable concrete is expected to dominate the market, owing to its higher strength and durability compared to polymer-based bendable concrete. This segment is widely used in infrastructure projects such as bridges, highways, and airports due to its ability to withstand heavy loads and seismic activity. Additionally, the growing demand for sustainable and energy-efficient buildings is driving the adoption of fiber-based bendable concrete in the building and construction sector.
Polymer-based bendable concrete is expected to grow at a faster rate during the forecast period, owing to its increasing use in industrial flooring applications. Polymer-based bendable concrete is preferred for industrial flooring due to its ability to resist chemicals, abrasion, and impact. It is widely used in warehouses, factories, and other industrial facilities where heavy machinery and equipment are operated.
Bendable/ Flexible Concrete Market Analysis by Application
By application, the market can be segmented into infrastructure, and building and construction. Infrastructure is expected to dominate the market during the forecast period, owing to the increasing demand for resilient and sustainable infrastructure in both developed and developing countries. Bendable/flexible concrete is widely used in infrastructure projects such as bridges, tunnels, and roads, where its ability to resist heavy loads and seismic activity is critical.
The building & construction segment is expected to grow at a faster rate during the forecast period, driven by the growing demand for energy-efficient and sustainable buildings. Bendable/flexible concrete is increasingly being used in building projects for its ability to reduce the need for steel reinforcement and enable new design possibilities. Additionally, bendable/flexible concrete can be used to improve the safety and resilience of buildings in earthquake-prone areas.
Global Bendable/ Flexible Concrete Market Size By Type
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Bendable/Flexible Concrete Market Regional Insights
North America is expected to dominate the market during the forecast period, owing to the growing demand for sustainable and energy-efficient buildings and the increasing use of bendable/flexible concrete in earthquake-resistant structures. Additionally, the presence of major market players in the region is driving the growth of the market.
However, the APAC region is expected to witness the highest growth rate during the forecast period, driven by the increasing investment in infrastructure and construction projects in countries such as China, India, and Japan. The growing population, urbanization, and need for affordable housing are fueling the demand for bendable/flexible concrete in the region.
Global Bendable/ Flexible Concrete Market By Region
- Largest
- Fastest
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Bendable/Flexible Concrete Market Dynamics
Bendable/ Flexible Concrete Market Drivers
Increasing Demand for Sustainable and Energy-efficient Buildings
- One of the key drivers of the bendable/flexible concrete market is the increasing demand for sustainable and energy-efficient buildings. Bendable/flexible concrete can reduce the need for steel reinforcement and enable innovative designs, leading to energy savings and reduced environmental impact. The use of bendable/flexible concrete in building projects can also enhance the safety and resilience of buildings in earthquake-prone areas. The growing awareness of the benefits of sustainable construction practices is expected to drive the adoption of bendable/flexible concrete in the building and construction sector.
Bendable/ Flexible Concrete Market Restraints
Higher Cost of Production and Limited Availability of Raw Materials
- One of the major restraints of the bendable/flexible concrete market is the higher cost of production and limited availability of raw materials. The production process of bendable/flexible concrete requires specialized machinery and skilled labor, leading to higher production costs. Additionally, the availability of raw materials such as fibers and polymers is limited in some regions, leading to higher procurement costs. These factors can limit the adoption of bendable/flexible concrete, particularly in developing countries with limited resources and infrastructure.
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Bendable/Flexible Concrete Market Competitive Landscape
The bendable/flexible concrete market is highly competitive, with the presence of several global and regional players. The market is characterized by the presence of established companies and emerging players who are focused on expanding their market share through strategic partnerships, collaborations, and product innovations. The key strategies adopted by these companies include investments in R&D, product launches, and expansions in untapped markets. Additionally, companies are increasingly focusing on sustainable and eco-friendly products to cater to the growing demand for environmentally responsible construction practices.
Bendable/ Flexible Concrete Market Top Player’s Company Profiles
- CEMEX S.A.B. de C.V. (Mexico)
- BASF SE (Germany)
- Sika AG (Switzerland)
- LafargeHolcim Ltd (Switzerland)
- Fosroc International Ltd (UK)
- GCP Applied Technologies Inc. (US)
- The Euclid Chemical Company (US)
- ACC Limited (India)
- Flexcrete Technologies Ltd (UK)
- RUREDIL S.p.A. (Italy)
- Ductal (Lafarge Group) (France)
- Tarmac Trading Limited (UK)
- U.S. Concrete, Inc. (US)
- Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (China)
- Mapei S.p.A. (Italy)
- CEMEX UK (UK)
- Saudi Readymix Concrete Company Ltd. (Saudi Arabia)
- RAMPF Holding GmbH & Co. KG (Germany)
- Buzzi Unicem SpA (Italy)
- ACCIONA Construcción S.A. (Spain)
Bendable/ Flexible Concrete Market Recent Developments
- In November 2023, after successful engineering demonstrations and initial West Coast installations, Jensen Precast started national distribution of its Harvest Pillar prestressed concrete trellis posts for vineyards, orchards, nut farms, and hop yards. Built to last significantly longer than traditional trellis system alternatives, the structures are immune to pests, diseases, and weather events.
- In April 2023, CEMEX UK announced a partnership with a UK-based start-up focused on the development of advanced concrete materials, including bendable/flexible concrete.
- In March 2023, Beijing Oriental Yuhong Waterproof Technology Co., Ltd. announced plans to expand its production capacity for bendable/flexible concrete products in China.
Bendable/Flexible Concrete Key Market Trends
- Rise in Popularity of Sustainable Construction Materials: One key market trend in the bendable/flexible concrete market is the increasing demand for sustainable and eco-friendly construction materials. With the growing awareness of environmental issues and the need to reduce carbon footprint, there is a rising preference for construction materials that are recyclable, energy-efficient, and have low emissions. This trend is driving the development of innovative sustainable bendable/flexible concrete products that offer improved performance and durability while minimizing environmental impact. Additionally, the integration of advanced technologies such as 3D printing and IoT is further enhancing the efficiency and sustainability of bendable/flexible concrete construction projects.
Bendable/Flexible Concrete Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global bendable/flexible concrete market analysis states that this industry is experiencing significant growth due to the increasing demand for sustainable and eco-friendly construction materials, coupled with the rising need for innovative solutions in the construction industry. The market is segmented based on type and application, with polymer-based bendable concrete dominating the market in terms of revenue, and infrastructure being the largest application segment. North America and APAC are the dominant regions, with North America being the fastest-growing region due to the increasing investments in construction projects. Key players in the market include Sika AG, LafargeHolcim Ltd, ACC Limited, and CEMEX Ventures, among others. The market is also characterized by ongoing developments in sustainable products, partnerships, and investments to drive growth and innovation.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 8.08 billion |
| Market size value in 2031 | USD 192.09 billion |
| Growth Rate | 42.2% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Bendable/Flexible Concrete Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Bendable/Flexible Concrete Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Bendable/Flexible Concrete Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Bendable/Flexible Concrete Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Bendable/Flexible Concrete Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Bendable/Flexible Concrete Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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