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Rapid Strength Concrete Market Report
The Rapid Strength Concrete Market is Segmented by Strength Type (0 To 40 MPa, 40 To 80 MPa, and Above 80 MPa), by Application Type (Airport, Building Floor, Dockyard, Formed Work, Parking Areas, Rail Network, Road/Bridges, and Others), and by Region ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Rapid strength concrete market is likely to witness an impressive CAGR of 6.5% during the forecast period. Rapidly expanding construction industry across the world and rapid industrialization and urbanization in developing economies are the prime factors contributing to the demand for rapid strength concretes. Increasing demand for replacement of concrete in ageing structures and new projects in the mature markets are also boosting the market growth. Increasing infrastructure investment in emerging economies is another factor contributing to the rising demand for the rapid strength concrete market.
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Rapid Strength Concrete Market – Snapshot |
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Growth |
6.5% for the next five years |
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Major Strength Type |
0 To 40 MPa |
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Major Application Type |
Road/Bridges |
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Region with the Highest Demand |
Europe |
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Key Players |
LafargeHolcim Ltd, Boral Limited, CEMEX S.A.B. de C.V, Fosroc Inc., Sika AG, Westbuild Group, BASF SE, Buzzi Unicem S.p.A., CTS Cements, and CRH plc. |
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Based on the strength type, the market is segmented as 0 to 40 MPa, 40 to 80 MPa, and above 80 MPa. The 0 to 40 MPa segment held the largest share of the market in 2020, and is expected to register the fastest growth during the forecast period. Residential buildings, floors, and apartments are the key application areas of the segment. Rising housing demand in emerging economies due to increasing population and improving socio-economic conditions are the key factors behind the dominance of the segment of the market.
Based on the application type, the rapid strength concrete market is segmented as airport, building floor, dockyard, formed work, parking areas, rail network, road/bridges, and others. The road/bridges segment held the largest share of the market in 2020, and is expected to register the fastest growth during the forecast period. The dominance of the segment is mainly due to increasing highway construction activities across the world, and rapidly increasing road network in the emerging economies.
In terms of regions, Europe is estimated to be the largest market during the forecast period with Germany, France, the UK and Russia being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by rising investments in infrastructural projects such as high-capacity transport infrastructure. Further, increasing need for structural maintenance of the existing roads, rail, and waterway networks is also a key factor driving the growth of the region’s market.
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Rapid strength concrete is a type of concrete that gains strength quickly post use. Rapid strength concrete provides strength above 3,000 psi which can be obtained in less than 2 hours of time. It is an alternative solution for rehabilitation and preservation of aging infrastructure in lower time. Low volume consumption of natural resources, reduction in servicing duration of structures and pavements, and reduction in global carbon dioxide footprint are one of the key reasons behind the growth of the rapid strength concrete market.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Rapid Strength Concrete Market Research Report – Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The rapid strength concrete market is segmented into the following categories.
Some of the major rapid strength concrete manufacturers are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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The rapid strength concrete market is expected to witness an impressive growth of 6.5% CAGR in the foreseeable future.
LafargeHolcim Ltd, Boral Limited, CEMEX S.A.B. de C.V, Fosroc Inc., Sika AG, Westbuild Group, BASF SE, Buzzi Unicem S.p.A., CTS Cements, and CRH plc are among the key players in the rapid strength concrete market.
Europe is expected to be the largest rapid strength concrete market during the next five years.
The 0 to 40 MPa segment is expected to register the fastest growth in the rapid strength concrete market in the coming years.
The road/bridges segment is expected to register the fastest growth in the rapid strength concrete market during the next five years.
Rapidly expanding construction industry across the world and rapid industrialization and urbanization in developing economies are the factors driving the growth of rapid strength concrete market.