Self-Compacting Concrete Market

Self-Compacting Concrete Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Self-Compacting Concrete Market was worth US$ 11,079.8 Mn and is expected to grow at a CAGR of 6.5% over the forecast period. The market is expected to hit US$  18,337.0 Mn by 2030 end.

Self-compacting concretes are utilized in the construction sector to assure long-lasting concrete constructions without needing expert labor. These concretes may compact into every corner of a formwork only via their weight, eliminating the requirement for vibrating compaction.

The self-compacting ability of self-compacting concrete reduces the need for vibrations, resulting in the market for little personnel to place it. In some circumstances, the labor demand might be cut in half compared to ordinary concrete.

Using self-compacting concrete eliminates the need for energy to be consumed when performing vibration activities. Furthermore, formworks are no longer exposed to strains induced by vibration processes, lowering the actual and ongoing expenses of formworks.

Market Dynamic

NON VIBRATING PROCESS FOR LAYING THE CONCRETE TO DRIVE THE MARKET

The low noise associated with self-compacting concrete building activities is projected to affect the growth of the self-compacting concrete industry. Following this, the significant decrease in total prices of self-compacting concrete also serves as a key driver of the development of the self-compacting concrete market throughout the forecast period.

The fast expansion of the oil and gas sector, as well as improvements in air quality and reduce negative environmental effects, are predicted to affect the self-compacting concrete market favorably. The absence of the need for vibration operations to install self-compacting concrete is likely to drive market expansion.

The growing need for a non-vibrating process for laying concrete, the reduction in the cost of MRO, the improvement in air quality, and the less negative impact on the environment in self-consolidating concrete-based repair and construction activities can all be attributed to the growth of the self-compacting concrete market.

HIGH RAW MATERIAL PRICES HAMPER THE GROWTH

High raw material prices and the presence of eco-SCC as an alternative to self-compacting concrete are expected to act as key restraints on the self-compacting concrete market growth rate in the forecast period of 2022 to 2030. In contrast, limited usage of self-compacting concrete in emerging economies is expected to challenge self-compacting concrete market growth in the forecast period.

Market Segments Covered in Report

By Raw Material:

• Cement
• Admixtures
• Fibers
• Aggregates
• Additions
• Others

By Design Mix:

• Powder Type SCC
• Viscosity Agent Type SCC
• Combination Type SCC

By Application:

• Drilled Shafts
• Columns
• Metal Decking
• Concrete Frames

By End-User:

• Infrastructure
• Oil & Gas Construction
• Building & Construction

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why are admixture–type raw materials for  Self-Compacting Concrete projected to have the highest CAGR?

In the predicted term, the admixture segment is expected to grow to 5.7%. Admixtures have an important role in the growth of SCC by increasing its fluidity rate, minimizing water use, and reducing shrinkage, among other things. Hydrated lime, fly ash, pulverized blast furnace slag, and silica fume are some of the admixtures utilized in SCC.

Which application segment is expected to expand the fastest during the forecast period?

The self-compacting concrete market for columns is estimated to increase at a CAGR of around 5.5% over the forecast period. Columns are structures that serve as the foundation of buildings and need a huge amount of concrete.

SCC is widely utilized in column construction because it has higher compressive and tensile strength. Furthermore, its excellent product flowability is preferred in the building business for producing columns. It also aids in the reduction of manpower requirements.

Which end-user segment is expected to expand the fastest during the forecast period?

In 2021, the self-compacting concrete market size for building & construction grabbed the biggest market share, accounting for nearly 50% of the total market. Because of its superior properties, such as high flowability, low water demand, and low shrinkage, the product has a broad range of applications in building concrete frames, columns, metal decks, and so on.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• The Asia Pacific market is predicted to develop at the fastest CAGR during the projected period. Because of the region’s strong development in per capita income and expanding urbanization, the Asia-Pacific construction industry is likely to remain the largest. The Asia-Pacific region is one of the fastest-developing markets mainly due to the population growth and gradual rise in construction activities
• Europe is the world leader in self-compacting concrete and is expected to increase rapidly throughout the projection period. Some causes of the industry’s rise include the consumer’s increased attention to low-noise building activities and the recent revival of Europe’s construction and housing sectors.

Competition Analysis

The global self-consolidating concrete (SCC) industry is relatively consolidated, with a few manufacturers controlling most of the market share.

Some of the key developments that have taken place in the Self-Compacting Concrete Market include:

• In February 2021, Sika Group announced the successful acquisition of BMI Products, North Carolina (US). BMI Goods is a well-known company that sells and manufactures a wide range of mortar systems and building products. The acquisition aided Sika Group in expanding its portfolio in the mortar industry and developing new supply networks in the western United States.
• Ultratech Concrete, a division of Ultratech Cement Limited and India’s largest ready-mix concrete manufacturer, has launched a range of specialized concrete products for the design and construction industries.

A list of some of the key suppliers present in the market are:

• Cemex S.A.B De C.V.
• Lafargeholcim Ltd.
• BASF SE
• ACC Limited
• Sika Group Tarmac
• Kilsaran
• Heidelberg Cement AG
• Unibeton Ready Mix
• Ultratech Cement Limited
• Breedon Group PLC
• Firth Concrete
• Buzzi Unicem S.P.A

Global Self-Compacting Concrete Market 2022-2030: Report Coverage and Highlights

• Assessment of the historical and current market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
• Key drivers, restraints, opportunities, and key emerging trends impacting market growth
• Predictions on critical supply, demand, and technological trends and changes in consumer behavior
• Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
• Segment-wise, country-wise, and region-wise market analysis
• Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
• Key product innovations and regulatory framework
• Covid-19 impact on the market and how to navigate
• Strategic market analysis and recommendations on crucial winning strategies