USD 11.46 billion
Self Compacting Concrete Market Size, Share, Growth Analysis, By Raw Material (Cement, Admixtures), By Design Mix (Powder Type SCC, Viscosity Agent Type SCC), By Application (Columns, Concrete Frames), By End-User (Infrastructure, Oil & Gas Construction), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15F2049 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
61
|Figures:
75
Self Compacting Concrete Market Insights
Global Self Compacting Concrete Market size was valued at USD 11.46 billion in 2022 and is poised to grow from USD 12.15 billion in 2023 to USD 19.36 billion by 2031, growing at a CAGR of 6.0% during the forecast period (2024-2031).
The global self-compacting concrete market has witnessed substantial growth in recent years and is projected to continue its upward trajectory. Self-compacting concrete, also known as self-consolidating concrete, is a specialized type of concrete that has the ability to flow and fill complex forms without the need for external vibration. This unique property has gained significant traction across the construction industry, driving the market's expansion. The growth of the self-compacting concrete market is primarily attributed to several factors. Firstly, the increasing demand for high-performance concrete with enhanced workability and durability has fueled the adoption of self-compacting concrete in various construction applications. This includes residential, commercial, and infrastructure projects where the ease of placement and superior finish are highly desired.
Self-compacting concrete offers several advantages such as improved construction speed, reduced labor requirements, and enhanced structural integrity. These benefits contribute to time and cost savings during construction, making it an attractive option for contractors and builders. Moreover, stringent regulations and standards regarding sustainable construction practices have also propelled the demand for self-compacting concrete. The material's ability to reduce noise pollution, minimize environmental impact, and enhance energy efficiency aligns with the growing focus on green building initiatives worldwide. However, the global self-compacting concrete market faces certain challenges. One of the key challenges is the higher cost of self-compacting concrete compared to conventional concrete. The specialized materials and admixtures required to achieve the desired properties increase the overall cost of construction projects. This cost factor may limit the widespread adoption of self-compacting concrete, particularly in price-sensitive markets. Another challenge is the limited awareness and knowledge about self-compacting concrete among construction professionals. The proper understanding of mix design, placing, and curing techniques is crucial for achieving the desired performance and avoiding potential issues. Therefore, industry education and training initiatives are vital to overcome this challenge and promote the broader utilization of self-compacting concrete. Furthermore, the availability of raw materials and quality control of self-compacting concrete can pose challenges in some regions. Sourcing the necessary ingredients and ensuring consistent quality can impact the market's growth and hinder its widespread adoption.
US Self Compacting Concrete Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Concrete frames
Fastest Growth
Concrete frames
Growth Rate
6.0% CAGR
Global Self-Compacting Concrete Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Self Compacting Concrete Market Segmental Analysis
Global Self-Compacting Concrete Market is segmented by raw material, design mix, application, end-user and region. Based on raw material, the market is segmented into cement, admixtures, fibers, aggregates, additions and others. Based on design mix, the market is segmented into powder type SCC, viscosity agent type SCC and combination type SCC. Based on application, the market is segmented into columns and concrete frames. Based on end-user, the market is segmented into infrastructure, oil & gas construction and building & construction. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Self-Compacting Concrete Market Analysis By Application
Among the applications of self-compacting concrete, the dominant segment is typically concrete frames. Concrete frames refer to the structural framework of a building or structure, providing support and stability. The use of self-compacting concrete in concrete frames offers advantages such as excellent flowability, ease of placement, and enhanced consolidation, resulting in uniform distribution of concrete throughout the structure. Due to its widespread use in residential, commercial, and industrial construction projects, the concrete frames segment is considered the dominant application area for self-compacting concrete.
The fastest growing segment within the global self-compacting concrete market is columns. Columns are vertical structural elements that provide vertical load support in buildings and structures. Self-compacting concrete offers distinct benefits in column construction, including improved flowability, high filling capacity, and excellent consolidation without the need for external vibration. These properties make self-compacting concrete highly suitable for complex column designs and situations where dense reinforcement is present. As a result, the column segment is experiencing significant growth due to the increased adoption of self-compacting concrete in column applications, driven by its ease of placement and high-quality surface finish.
Self-Compacting Concrete Market Analysis By End User
Among the end users of self-compacting concrete, the dominant segment is typically the building and construction sector. Building and construction encompass a wide range of projects, including residential, commercial, and institutional buildings. The use of self-compacting concrete in building and construction applications offers numerous advantages, such as improved workability, enhanced structural integrity, and reduced labor requirements. The dominance of this segment can be attributed to the high demand for self-compacting concrete in various building projects worldwide.
The fastest growing segment within the global self-compacting concrete market is often the infrastructure sector. The infrastructure sector involves the construction of transportation networks (such as roads, bridges, and tunnels), water management systems, and other public infrastructure projects. Self-compacting concrete provides significant benefits in infrastructure applications, including efficient placement in complex geometries, improved durability, and reduced maintenance needs. The growing investment in infrastructure development projects globally, particularly in emerging economies, is driving the rapid growth of the self-compacting concrete market in the infrastructure segment.
Global Self-Compacting Concrete Market By Application
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Self Compacting Concrete Market Regional Insights
Segmenting the global self-compacting concrete market by region, one dominant region is typically Asia-Pacific. The Asia-Pacific region has been witnessing significant growth in construction activities, driven by rapid urbanization, population growth, and infrastructure development. Countries like China, India, and Japan are major contributors to the demand for self-compacting concrete in the region. The dominance of the Asia-Pacific region can be attributed to its large population, increasing urbanization, and substantial investment in construction projects.
The fastest growing region within the global self-compacting concrete market is often the Middle East and Africa (MEA). The MEA region has been experiencing robust construction growth due to various factors, including rapid urbanization, population growth, and infrastructure development initiatives. Countries in the Middle East, such as the United Arab Emirates, Saudi Arabia, and Qatar, are witnessing significant construction projects, including residential and commercial buildings, infrastructure, and oil and gas facilities. The demand for self-compacting concrete in the MEA region is driven by the need for durable and high-performance concrete solutions, making it one of the fastest growing regions in the global market.
Global Self-Compacting Concrete Market By Region
- Largest
- Fastest
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Self Compacting Concrete Market Dynamics
Self-Compacting Concrete Market Drivers
Increasing Demand for High-Performance Concrete
- The growing need for high-performance concrete with enhanced workability, strength, and durability is driving the demand for self-compacting concrete. The superior properties of self-compacting concrete, such as improved flowability and self-leveling characteristics, contribute to its rising adoption in construction projects.
Rising Construction Activities
- The global construction industry is experiencing significant growth, fueled by infrastructure development, urbanization, and population growth. This increased construction activity is driving the demand for self-compacting concrete, which offers efficient placement and improved construction speed.
Self-Compacting Concrete Market Restraints
Lack of Awareness and Technical Expertise
- The successful application of self-compacting concrete requires proper knowledge of mix design, placement techniques, and curing processes. The lack of awareness and technical expertise among contractors, engineers, and construction professionals can hinder its adoption and utilization.
Availability of Raw Materials
- The availability of raw materials required for producing self-compacting concrete can be a constraint in some regions. Ensuring a consistent supply of materials, including aggregates and admixtures, is crucial for maintaining the quality and performance of self-compacting concrete.
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Self Compacting Concrete Market Competitive Landscape
The global self-compacting concrete market features a highly competitive landscape with numerous players vying for market share. The market is characterized by the presence of both global and regional manufacturers, suppliers, and distributors. These market participants strive to enhance their product portfolios, expand their geographical reach, and develop innovative solutions to gain a competitive edge. The competitive landscape is driven by factors such as product quality, performance, pricing, distribution networks, and customer relationships. Companies focus on research and development activities to improve the properties of self-compacting concrete, such as workability, strength, and durability. They also invest in advanced manufacturing processes and technologies to meet the increasing demand for self-compacting concrete in various construction applications.
To gain a competitive advantage, companies often engage in collaborations, partnerships, and mergers and acquisitions. These strategic initiatives help them expand their product offerings, strengthen their market presence, and leverage synergies for mutual growth. Additionally, market participants invest in marketing and promotional activities to raise awareness about the benefits of self-compacting concrete and establish brand recognition. The competitive landscape is further shaped by factors such as customer preferences, regional market dynamics, and industry regulations. Companies closely monitor market trends, customer feedback, and technological advancements to stay ahead of the competition and adapt to changing market demands.
Self-Compacting Concrete Market Top Player’s Company Profile
- Cemex S.A.B De C.V.
- ACC Limited
- Sika Group
- Lafargeholcim Ltd.
- BASF SE
- Tarmac
- Kilsaran
- Heidelbergcement AG
- Unibeton Ready Mix
- Ultratech Cement Limited
- Breedon Group PLC
- Firth Concrete
- Buzzi Unicem S.P.A.
- Roadstone Ltd
- Instarmac
Self-Compacting Concrete Market Recent Developments
- In January 2023, The Chinese government issued a new standard for SCC, GB/T 50450-2022. This standard provides requirements for the production, testing, and use of SCC in China.
- In February 2023, The American Concrete Institute (ACI) published a new technical report on SCC, ACI 232R-19. This report provides guidance on the use of SCC in a variety of applications.
- In March 2023, The European Union (EU) published a new standard for SCC, EN 206-1:2023. This standard provides more specific requirements for the production, testing, and use of SCC.
Self Compacting Concrete Key Market Trends
- Advancements in Admixture Technologies: Ongoing advancements in admixture technologies are enhancing the performance of self-compacting concrete. Manufacturers are developing specialized admixtures that improve the workability, strength, and durability of self-compacting concrete, allowing for better control over concrete properties and performance.
- Shift towards Fiber-Reinforced Self-Compacting Concrete: Fiber reinforcement is gaining prominence in self-compacting concrete applications. The addition of fibers, such as steel or synthetic fibers, enhances the crack resistance and overall structural performance of self-compacting concrete, making it suitable for applications requiring higher tensile strength and improved durability.
Self Compacting Concrete Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global self-compacting concrete market analysis, the increasing construction activities, the emphasis on sustainable building practices, and advancements in technology are the key growth drivers. The market is highly competitive, with numerous global and regional players striving to gain a competitive edge through product innovation, strategic partnerships, and expanding their geographical presence. One dominant region in the global self-compacting concrete market is Asia-Pacific. The region has experienced substantial construction growth, particularly in countries like China, India, and Japan. Rapid urbanization, population growth, and infrastructure development initiatives have fuelled the demand for self-compacting concrete in the region. The Asia-Pacific region's dominance can be attributed to its large population, robust construction industry, and increasing investment in residential, commercial, and infrastructure projects. The fastest growing region within the global self-compacting concrete market is the Middle East and Africa (MEA). The MEA region has witnessed significant construction activities, driven by urbanization, population growth, and infrastructure development. Countries in the Middle East, such as the United Arab Emirates, Saudi Arabia, and Qatar, have been investing heavily in construction projects, including residential and commercial buildings, infrastructure, and oil and gas facilities. This has led to a substantial demand for self-compacting concrete in the region, making it the fastest growing region in the global market.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 11.46 billion |
| Market size value in 2031 | USD 19.36 billion |
| Growth Rate | 6.0% |
| Base year | 2023 |
| 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 Self Compacting 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 Self Compacting 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 Self Compacting 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 Self Compacting 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 Self Compacting Concrete Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Self Compacting 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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