Ultra-high-Performance Concrete Market Analysis | 2022-2028

Market Insights

Ultra-high-performance concrete market is expected to grow from USD 454.43 million in 2021 to USD 785.31 million by 2028 at a CAGR of 8.04% during the forecast period of 2022-2028.

What is ultra-high-performance concrete?

Ultra-high-performance concrete is a cementitious, concrete material that has a minimum compressive strength of 17,000 pounds per square inch with definite tensile ductility and durability. The other name by which it is also known is reactive powder concrete (RPC).

Ultra-high-performance concretes are applicable in different applications, such as residential, commercial, infrastructural, and others. They are preferred for construction of infrastructure, which requires high structural strength and load bearing capability.

Market Drivers

The growing demand for ultra-high-performance concrete is mainly due to high growth of construction activities across the world. The increasing number of commercial, residential, and infrastructural assets worldwide is driving the market.

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Segment Analysis

By Application Type

Based on the application type, the ultra-high-performance concrete market is segmented as residential, commercial, infrastructural, and others (healthcare, institutional, military, hospitality, and anti-detonating construction). The infrastructural segment dominated the market in 2021, and is likely to lead the market during the forecast period. On the other hand, the residential segment is estimated to be the fastest-growing segment during the forecast period. The need for concrete with superior quality, higher compressive strength, durability, and reduced weight is expected to drive the market.

By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing ultra-high-performance concrete market during the forecast period. The market is driven by the extensive growth of construction industry in developing countries and huge investments made for building and rehabilitation of existing infrastructure, and the increasing units of new housing projects. All these factors are driving the growth of the ultra-high-performance concrete market in the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period. 

Segmentation

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.

The ultra-high-performance concrete market is segmented into the following categories. 

By Material Type:

• Cement
• Admixtures
• Sand and Quartz Flour
• Others

By Application Type:

• Residential
• Commercial
• Infrastructural
• Others

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

Some of the major ultra-high-performance concrete manufacturers are-

• LafargeHolcim Ltd
• ACC Limited
• Sika AG
• Vicat SA
• U.S. Concrete, Inc.
• CEMEX S.A.B. de C.V.

Research Methodology

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.

Report Features

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:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the material types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.