Market Insights
The self-leveling concrete market is likely to rebound at a promising CAGR of 4% in the long run to reach US$ 6.1 Billion in 2028.
Self-leveling concrete, also known as self-compacting concrete (SLC), is a specialized type of concrete that is designed to automatically level itself out once it is poured. Unlike traditional concrete mixes, which require significant manual leveling and troweling to achieve a smooth and level surface, self-leveling concrete spreads and settles into place on its own. Self-leveling concrete has high flowability and a relatively low viscosity. It is mixed to be more liquid than traditional concrete, allowing it to flow and settle evenly. It is used in various construction and renovation projects, including leveling floors, resurfacing existing concrete surfaces, and creating a smooth, flat substrate for flooring materials such as tile, hardwood, and carpet.
One of the primary drivers of the self-leveling concrete market's growth is the ongoing global trend of urbanization. As more people move to cities, the demand for infrastructure and housing has surged. Self-leveling concrete has emerged as a preferred choice for construction due to its ability to expedite projects, making it an ideal material for urban development. The ongoing trend of urbanization and substantial investments in infrastructure projects have significantly increased the demand for self-leveling concrete. It finds applications in a wide range of construction projects, from commercial and residential buildings to industrial facilities.
The self-leveling concrete market is expected to continue to grow in the coming years. The growth of the market will be driven by the increasing demand for self-leveling concrete in the construction industry, the growing popularity of self-leveling concrete for decorative applications, and the development of new self-leveling concrete products with improved properties.
Segments' Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Type Analysis
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Underlayment, and Toppings
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Underlayment self-leveling concrete is expected to remain the dominant segment during the forecast period.
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End-use Type Analysis
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(Commercial [Manufacturing, Retail, Aviation & Transportation, Science and Technology, and Others], and Residential [Single Family Homes, Condominium, Town House, and Others)
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The commercial segment is projected to dominate the market during the forecast period.
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Regional Analysis
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North America, Europe, Asia-Pacific, and Rest of the World
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The Europe region is estimated to be the dominant market for self-leveling concrete, and the Asia-Pacific self-leveling concrete market is expected to grow at the fastest CAGR.
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Based on the Type
The self-leveling concrete market is segmented into two main segments: underlayment and toppings. Underlayment self-leveling concrete is expected to remain the leading segment during the forecast period. This type of concrete is used to create a smooth, even surface on which to install other flooring materials. It can also be used to correct minor unevenness in the underlying surface. Toppings self-leveling concrete is expected to grow at a faster rate during the forecast period. This type of concrete is used to create a decorative finish on concrete floors. It is available in a variety of colors and finishes and can be used to create polished, textured, or stamped concrete floors.
End-Use Type
The market is segmented into residential and commercial. Among these, the commercial segment is projected to lead the market during the forecast period. Commercial buildings, such as schools, hospitals, and office buildings, often require smooth floors for safety and aesthetics. Self-leveling concrete is a popular choice for these applications, as it is easy to install and can be used to create a variety of finishes.
Regional Analysis
The Europe region is estimated to be the largest market for self-leveling concrete, with Italy and Germany being the major countries. The growth of the European self-leveling concrete market can be attributed to the rise in construction activities and the growing renovation and reconstruction market in the region. These factors are expected to continue to drive the market in the coming years. The Asia-Pacific self-leveling concrete market is expected to grow at the fastest CAGR. This growth can be attributed to the rapid urbanization and industrialization in the region, which is driving the demand for new construction projects. Additionally, the growing disposable income of consumers in the region is leading to an increase in demand for decorative concrete finishes.
The self-leveling concrete market is segmented into the following categories:
By Type
- Underlayment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Toppings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By End-Use Type
- Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Key Players
The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the Self-Leveling Concrete market. Most of the major players are providing complete profile systems including profile seals.
- Dayton Superior Corporation
- Durabond Products Ltd.
- Edison Coating, Inc.
- Harricrete Ltd.
- Köster Bauchemie AG.
- Laticrete International, Inc.
- Sakrete
- TCC Materials
- USG Corporation
- W. R. Meadows, Inc.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s self-leveling concrete market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both 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 market dynamics and will enable strategic decision-making for 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, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for existing and new players.
- Key success factors.
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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
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