Concrete is a material made up of two or more constituents, mainly fine and coarse aggregates such as sand, gravel etc. They are bonded together using cement and get hardened over time. Rapid strength concrete is a variant which develops high resistance within few hours after use. It allows for removal of formwork or molds earlier than its counterparts. It has the advantage of moving forward the building process swiftly. Its strength and durability vary depending upon the composition materials.Rapid strength concrete is especially useful for maintaining, repairing, and extending the service life of structures. It is more user-friendly and cost-effective for repair work among various types of building materials. It remarkablyincreases a structures lifespan, is environment-friendly, and possesses less bleeding effects.
The major end-users of rapid strength concrete are in the construction, roadways,and infrastructureindustry. It is used to quickly repair road surfaces so as to make it operational in a few hours and minimize public inconvenience. It is also used to make, preserve, and rehabilitate structures like bridges, tunnels, airfields, highways, pavements etc. Rapid strength concrete is utilized in case of emergency construction work. It is used to make industrial floors, foundations, and many more structures.Market Dynamics
The demand for rapid strength concrete is mainly driven by it swift curing time, making it the concrete of choice for rehabilitating structures. Its composition is highly flexible making it versatile for works requiring different constructability, durability, and environmental exposure conditions.Ever increasing construction requirements is further driving this market.
This increasing demand is constrained by lack of awareness and high initial costs. These same constraints entail multi-billion opportunity for growth in this industry as the technology improves and costs come down.Market Segmentation
The market can be segmented in terms of the products type and by its application.
Segmentation based on products type includes the different mixes providing different compressive and flexural strength.Based on application, it can be classified on the basis of the construction in the industrial sectors of its end users.
All of the above segmentations are fluid as new compositions emerge for different sectors. Additionally, the geographical concentration of the markets and the makers give an additional layout to these segments.
Europe (UK, Germany) and North America (USA) house almost all of the top rapid strength concrete producingcompanies, granting them a dominant market share. APAC (China, India) is currently the largestmarket and future growth will come from here with its booming economies and growing construction requirements.
Replacement of concrete in ageing structure and newer projects provides opportunities in mature markets. Specialized and newer mixes provide opportunities to make custom repairs and structures. Movement ofmajor construction projects& its requirements towards APAC provides opportunities in newer markets.Key Players
Some of the major players in the market include BASF, Boral, Buzzi Unicem, Cemex, CTS Cement, LafargeHolcim, Perimeter, Sika, Tarmac, and Westbuild.Report Contents
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key PlayersRegional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Rest of Eastern Europe
> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology
> Extensive Industry Structure Coverage
Publisher Name : Market Litmus