The Self-healing Concrete Market is segmented by Form Type (Intrinsic Healing, Capsule-based Healing, and Vascular Healing), by ApplicationType (Residential, Industrial, Commercial, and Infrastructure), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Argentina, and Others]).
The Self-healing Concrete Market is segmented by Form Type (Intrinsic Healing, Capsule-based Healing, and Vascular Healing), by Application...
The Self-Healing Concrete Market was estimated to grow from US$ 47.74 Billion in 2022 to reach US$ 306.12 Billion by 2028 at a CAGR of 36.3% during the forecast period.
Self-healing concrete is a type of synthetically created concrete that has a special ability to self-heal damages and cracks. When self-healing concrete comes in contact with water and air, it produces limestone. Bridges and all road projects employ self-healing concrete as they frequently experience minor cracks owing to severe loads and require continual maintenance.
Self-healing Concrete Market Features
Market Size in 2028
US$ 306.12 Billion
Market Size in 2022
US$ 47.74 Billion
Market Growth (2023-2028)
36.3% CAGR
Base Year of Study
2022
Trend Period
2017-2021
Forecast Period
2023-2028
Market Dynamics
These factors are expected to boost the demand for the market in the coming year:
Increasing demand for highly durable constructions, such as commercial, residential, infrastructure, and industrial.
Also, surge in demand for reduction in the structural maintenance of buildings.
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Segments Analysis
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 marketis segmented into the following categories:
By Form Type:
Intrinsic Healing
Capsule-based Healing
Vascular Healing
By Application Type:
Residential
Industrial
Commercial
Infrastructure
By Region:
North America (USA, Canada, and Mexico)
Europe (Germany, France, the UK, Russia, Spain, and Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
By Form Type
The market is segmented as intrinsic healing, capsule-based healing, and vascular healing. The capsule-based healing segment is expected to exhibit promising growth during the assessment period.
The segment’s growth is owing to its various benefits such as the healing of larger cracks, which require fewer external requirements to regain full strength and stay protected during mixing.
By Application Type
The market is segmented as residential, industrial, commercial, and infrastructure. The infrastructure application segment held the largest market share of more than 55% in 2022 and is expected to experience significant growth throughout 2023-2028.
The increase in the number of construction activities for office buildings, institutions, healthcare centers, education centers, hotels, restaurants, and other commercial complexes is expected to drive the segment's growth from 2023 through 2028.
Regional Analysis
Europe dominated the market with more than 50% share in 2022. Currently, not only does the region account for the highest share of the global market but also, it is also estimated to maintain its irrefutable lead during the forecast period.
The growth of the region’s market is due to huge construction and multiple research projects in the region. Furthermore, countries like China and Japan have immense potential to provide the required momentum for regional market growth in the Asia-Pacific region in the coming years.
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Key Players
Some of the key players in the self-healing concrete market are:
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.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Self-Healing Concrete Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
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 than1,000 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.
Target Audience
The target audience of the self-healing concrete market includes-
Vendors
Manufacturers
Distributors
Organizations
Government Bodies.
Critical Questions Answered in the Report
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global market. The historic years considered for the study are 2017-2028, the base year is 2022, the estimated year is 2023, and the Assessment period is 2023-2028. The following are the critical questions answered in the report.
What are the key trends in the global market?
How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
What is the impact of COVID-19 on the global market?
What are the key strategies adopted by the major vendors to lead in the global market?
What is the market share of the top vendors?
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 three players)
SWOT analysis of key players (up to three players)
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 the 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 to sales@stratviewresearch.com
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Increasing demand for highly durable constructions, such as commercial, residential, infrastructure, and industrial is expected to drive the market for self-healing concrete during the forecast period. Also, the surge in demand for reduction in the structural maintenance of buildings is expected to bolster the market growth over the assessment period.
Europe dominated the market with more than 51% share in 2022. Currently, not only does the region account for the highest share of the global market but also, but it is also estimated to maintain its irrefutable lead during the assessment period.
The infrastructure application segment held the largest market share of more than 57% in 2022 and is expected to experience significant growth throughout 2023-2028.
Some of the key players in the market are Basilisk, PENETRON, Kryton, Xypex Chemical Corporation, Sika AG, BASF SE, Hycrete, Inc., Cemex, Oscrete and GCP Applied Technologies.
