Technological Advancements Fueling the Self-Healing Concrete Market's Phenomenal Growth Trajectory
Category: Chemicals & Materials Published Date : Oct-23 ID: CVC0190 Format: PDF Pages: 300
Self-healing Concrete Industry Outlook
As per rigorous research by ChemView Consulting, our analysts forecast that the global self-healing concrete market is expected to reach a valuation of USD 64,752.3 million and will grow at 12.1% CAGR from 2023–2033.
Key Findings on the Self-healing Concrete Market
The biggest sector for self-healing concrete is North America. As per our analysis, North America holds nearly 29.5% industry share.
As per ChemView Consulting, the largest segment by application is infrastructure. As per our analysis, this segment accounts for nearly 53.9% of total revenues.
The market is poised to attain around 12.1% gains during 2023–2033.
The key market players are DARPA, Basilisk, PENETRON, Kryton, GCP Applied Technologies, Xypex Chemical Corporation, BASF SE, Drexel Engineers, Hycrete, Inc., Cemex, Oscrete, COWI A/S, Sika AG, RPM International, Acciona Infraestructureas S.A., Avecom N.V., Comercializadora Espanola De Innovaciones y Materiales, Devan-Micropolis, Fescon, and Akzo Nobel N.V.
Key Drivers for Self-healing Concrete Market Demand
Key Challenges Inhibiting Demand for Self-healing Concrete
Key Challenges and Opportunities for Self-healing Concrete Manufacturers
US Self-healing Concrete Market Forecast
Europe Self-healing Concrete Market Outlook
Japan Self-healing Concrete Industry Forecast
China and India Self-healing Concrete Market Forecast
Self-healing Concrete Market Outlook and Forecast by Segmentation
Based on form, the vascular segment is expected to remain at the forefront of market share over the assessment period. The growth is mainly because vascular self-healing concrete is an innovative technology in the construction business. It employs a network of embedded vascular channels or tubes containing healing agents such as microorganisms, nutrition, and sealing agents. When cracks appear in the concrete, the healing chemicals are released through these channels, allowing the concrete to cure itself. This cutting-edge method has drawn the interest of both researchers and industry employees.
Furthermore, vascular self-healing concrete improves construction durability dramatically. By automatically healing cracks as they form, it limits the entry of water, chemicals, and other harmful things into the concrete, preventing further deterioration. This results in longer-lasting structures with lower maintenance expenses.
Based on application, the infrastructure segment is set to account for 53.9% of the self-healing concrete market share over the assessment period. The growth is because infrastructure projects frequently have long-term performance objectives, which might last decades. Self-healing concrete can provide a reliable and consistent solution to structural concerns that may occur over time, ensuring that the infrastructure remains in good shape for the duration of its planned lifespan.
In addition, self-healing concrete can aid in the reduction of maintenance and repair expenses associated with infrastructure projects. By self-repairing cracks and reducing the need for costly manual repairs, it can increase the service life of structures and reduce the frequency of maintenance cycles. This potential to reduce costs makes it an appealing option for infrastructure developers and government organizations.
Which Company Owns the Largest Share in the Self-healing Concrete Market?
The key companies operating in the self-healing concrete industry landscape are DARPA, Basilisk, PENETRON, Kryton, GCP Applied Technologies, Xypex Chemical Corporation, BASF SE, Drexel Engineers, Hycrete, Inc., Cemex, Oscrete, COWI A/S, Sika AG, RPM International, Acciona Infraestructureas S.A., Avecom N.V., Comercializadora Espanola De Innovaciones Y Materiales, Devan-Micropolis, Fescon, and Akzo Nobel N.V.
As per our analysis, the companies that hold the largest self-healing concrete market share are
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Founded in 1988 and located in Finland, it is the world’s largest developer and manufacturer of mortar, sand, and coating materials, as well as a construction industry solution provider.
Founded in 1906 and headquartered in San Pedro Garza García, Mexico, it is a worldwide construction materials corporation.
Established in 1910 with headquarters in Baar, Switzerland, it is a global specialty chemical corporation.
Akzo Nobel N.V.
Founded in 1994 and with headquarters in Amsterdam, Netherlands, it is a multinational corporation that manufactures paints and performance coatings for both industry and consumers across the world.
Founded in 1865 and with headquarters in Ludwigshafen, Germany, it is a multinational corporation and the world’s largest chemical producer.
What Makes this Report More Insightful than Others?
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The self-healing concrete market is projected to reach a significant value of US $64,752.3 million by 2033, driven by a robust 12.1% CAGR during the period 2023–2033. Key industry players actively contributing to its growth are DARPA, Basilisk, PENETRON, Kryton, GCP Applied Technologies, Xypex Chemical Corporation, BASF SE, Drexel Engineers, Hycrete, Inc., Cemex, Oscrete, COWI A/S, Sika AG, RPM International, Acciona Infrastructures S.A., Avecom N.V., Comercializadora Espanola De Innovaciones Y Materiales, Devan-Micropolis, Fescon, and Akzo Nobel N.V. The largest market segment by application is infrastructure, while North America emerges as the dominant region in this market.
1.1. Global Market Outlook
1.2. Technology Roadmap
1.3. Supply and Demand Side Trends
1.4. Strategic Success Factors
1.5. Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
2.3. Inclusions and Limitations
3.1. Supply Side Overview
3.2. Demand Side Overview
4.1. Macroeconomic Factors
4.2. Forecast Factors
4.3. PEST Analysis
4.4. Porter’s Five Forces
4.5. Value Chain Analysis
4.6. Market Dynamics
4.7. Patent Analysis
4.8. Trade Analysis
4.9. Investment Feasibility Matrix
4.10. Challenges for New Entrants
4.11. Regulations Overview
4.12. Covid-19 Impact Assessment
4.12.1. Economy/Cluster Projections
4.12.2. Covid-19 Economic Assessment
4.12.3. Potential Impact on Target Market
4.12.4. Recovery Scenario
5.1. Historical Value ($ Mn) and Future Market Value ($ Mn) Projection Analysis
5.2. Demand Y-o-Y Growth Rate Analysis
5.3. Total $ Opportunity Analysis
5.4. Historical Volume (Tons) and Future Market Volume (Tons) Projection Analysis
6.1. Regional Pricing Analysis By Source
6.2. Regional Price Forecast
6.3. Profit Margin Analysis
6.4. Future Price Impact Factors
7.2. Market Trends
7.3. Historical Market Analysis and Market Forecast Analysis
7.3.2. Capsule Based
7.4. Market Attractiveness Analysis
8.2. Market Trends
8.3. Historical Market Analysis and Market Forecast Analysis
8.4. Market Attractiveness Analysis
9.2. Market Trends
9.3. Historical Market Analysis and Market Forecast Analysis
9.3.1. North America
9.3.2. Latin America
9.3.3. Western Europe
9.3.4. Eastern Europe
9.3.5. East Asia
9.3.6. South Asia Pacific
9.3.7. Middle East and Africa
9.4. Market Attractiveness Analysis by Region
10.2. Key Market Trends
10.3. Pricing Analysis
10.4. Historical Market Analysis and Market Forecast Analysis
10.4.1. By Country
10.4.1.1. The U.S.
10.4.2. By Form
10.4.3. By Application
10.5. Market Attractiveness Analysis
10.5.1. By Country
10.5.2. By Form
10.5.3. By Application
10.6. Market Participants Presence Mapping
11.2. Key Market Trends
11.3. Pricing Analysis
11.4. Historical Market Analysis and Market Forecast Analysis
11.4.1. By Country
220.127.116.11. Rest of L.A.
11.4.2. By Form
11.4.3. By Application
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Form
11.5.3. By Application
11.6. Market Participants Presence Mapping
12.2. Key Market Trends
12.3. Pricing Analysis
12.4. Historical Market Analysis and Market Forecast Analysis
12.4.1. By Country
18.104.22.168. Rest of Western Europe
12.4.2. By Form
12.4.3. By Application
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Form
12.5.3. By Application
12.6. Market Participants Presence Mapping
13.2. Key Market Trends
13.3. Pricing Analysis
13.4. Historical Market Analysis and Market Forecast Analysis
13.4.1. By Country
22.214.171.124. Rest of Eastern Europe
13.4.2. By Form
13.4.3. By Application
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Form
13.5.3. By Application
13.6. Market Participants Presence Mapping
14.2. Key Market Trends
14.3. Pricing Analysis
14.4. Historical Market Analysis and Market Forecast Analysis
14.4.1. By Country
126.96.36.199. South Korea
14.4.2. By Form
14.4.3. By Application
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Form
14.5.3. By Application
14.6. Market Participants Presence Mapping
15.2. Key Market Trends
15.3. Pricing Analysis
15.4. Historical Market Analysis and Market Forecast Analysis
15.4.1. By Country
188.8.131.52. Rest of SAP
15.4.2. By Form
15.4.3. By Application
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Form
15.5.3. By Application
15.6. Market Participants Presence Mapping
16.2. Key Market Trends
16.3. Pricing Analysis
16.4. Historical Market Analysis and Market Forecast Analysis
16.4.1. By Country
184.108.40.206. GCC Countries
220.127.116.11. South Africa
18.104.22.168. Rest of MEA
16.4.2. By Form
16.4.3. By Application
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Form
16.5.3. By Application
16.6. Market Participants Presence Mapping
17.1. Market Concentration Analysis
17.2. Tier Structure Breakdown
17.3. Market Share Analysis
17.4. Production Capacity Analysis
17.5. Key Strategies Adopted by Top Players
17.6. Start-up Ecosystem
17.6.1. New Player Entry
17.6.2. Strategies Adopted by New Players
17.7. Company Footprint Analysis
17.7.1. Vehicle Type Footprint
17.7.2. Regional Footprint
17.8. Competitive Dashboard
18.1.1. Company Overview
18.1.2. Product Portfolio
18.1.4. Financial Analysis
18.1.5. Recent Developments
18.1.6. SWOT Analysis
18.1.7. Strategy Overview
18.5. GCP Applied Technologies
18.6. Xypex Chemical Corporation
18.7. BASF SE
18.8. Drexel Engineers
18.9. Hycrete, Inc.
18.12. COWI A/S
18.13. Sika AG
18.14. RPM International
18.15. Acciona Infraestructureas S.A.
18.16. Avecom N.V.
18.17. Comercializadora Espanola De Innovaciones Y Materiales
18.20. Akzo Nobel N.V.