Self-levelling Concrete Market Size, Share, Growth Analysis, By Type(Underlayment and Toppings.), By Application(Residential, Commercial, Industrial and Institutional.), By Region - Industry Forecast 2024-2031

Self-levelling Concrete Market size was valued at USD 6.03 billion in 2021 and is poised to grow from USD 6.39 billion in 2022 to USD 10.10 billion by 2030, growing at a CAGR of 5.9% in the forecast period (2023-2030).

The self-levelling concrete market is characterised by intense competition and a diverse range of players operating in the industry. The market has witnessed significant growth in recent years due to the increasing demand for self-levelling concrete in various construction applications. Established players in the market often have a strong presence, extensive distribution networks, and well-established brand recognition. These companies leverage their experience, technical expertise, and R&D capabilities to develop innovative self-levelling concrete products and capture a significant market share. 'Ardex Group (Germany)', 'MAPEI S.p.A. (Italy)', 'Sika AG (Switzerland)', 'LafargeHolcim Ltd (Switzerland)', 'TCC Materials Corporation (US)', 'Duraamen Engineered Products Inc. (US)', 'CTS Cement Manufacturing Corporation (US)', 'Saint-Gobain Weber (France)', 'Laticrete International, Inc. (US)', 'The Euclid Chemical Company (US)', 'Custom Building Products (US)', 'Bostik (France)', 'DAP Products Inc. (US)', 'Siplast (US)', 'Fosroc International Ltd (UK)', 'ACG Materials (US)', 'Cemex S.A.B. de C.V. (Mexico)', 'Quickcrete (US)', 'Flexcrete Technologies Ltd (UK)', 'GCP Applied Technologies Inc. (US)'

Self-levelling concrete offers numerous advantages compared to traditional concrete, making it increasingly popular for applications that require a level and smooth surface. It boasts improved workability, allowing for easier pouring and spreading. Additionally, self-levelling concrete provides an enhanced surface finish, resulting in a visually appealing final product. Moreover, it helps reduce labour costs due to its self-levelling properties, minimising the need for extensive manual levelling. Furthermore, self-levelling concrete enables faster installation, saving time and increasing project efficiency. These advantages have significantly contributed to the growing adoption of self-levelling concrete in various construction projects.

Growing demand for sustainable and eco-friendly construction: As environmental concerns become more prominent, there is an increasing emphasis on adopting construction practices that minimise carbon footprint and promote sustainability. Self-levelling concrete, which is known for its ease of installation, smooth finish, and levelling capabilities, is gaining popularity as a sustainable alternative to traditional concrete. It offers benefits such as reduced material waste, improved energy efficiency during installation, and lower environmental impact. Additionally, manufacturers are introducing self-levelling concrete products with recycled materials or incorporating additives that enhance their eco-friendliness.

In terms of regional dominance, North America has been a prominent market for self-levelling concrete. The region's strong construction industry, coupled with the adoption of advanced construction practices, has contributed to the dominance of North America in the market. The US, in particular, has witnessed extensive usage of self-levelling concrete in various commercial and residential construction projects, driven by the need for high-quality and visually appealing floors.