What is the global market size of Self Compacting Concrete Market?

Self-Compacting Concrete Market size was valued at USD 11.23 Billion in 2021 and is poised to grow from USD 12.14 Billion in 2022 to USD 22.70 Billion by 2030, at a CAGR of 8.14% during the forecast period (2023-2030).

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 News

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 Market Report Snapshots

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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 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. '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 '

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.

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.

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.

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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

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