Self-Compacting Concrete Market Analysis to 2024 and Forecasts

Self-Compacting Concrete Market 2024 Business
Development Analysis: Global Market Insights Inc.
Self-Compacting Concrete Market size has seen a substantial growth owing to up surge in construction
industry coupled with engineering advantages and aesthetics will drive the industry growth. The key
factors driving the industry are the improved air quality, significant reduction in MRO costs and nonrequirement
of vibration process in laying SCC along with eco-friendly process which is less harmful to
the environment. Its improved durability and noise free construction features will be major indicators
to fuel the self-compacting concrete market. Rapidly growing repairing activities of old buildings and
quickly expanding in construction industries in both developed and developing economies will foster
the market demand.
Self-compacting concrete (SCC) can flow under its own weight and fills the form work without applying
any vibrating machines and huge work force which reduces the total cost. Some of the advantages in
using SCC in building & construction sector are improved quality & strength, reduced vibration, faster
development and low clamor level will further enhance the product demand. However, limited usage
of the product in infrastructure activities and high cost associated with using SCC may restrain the selfcompacting
concrete market over the forecasted years.
SCC is manufactured in the same way as old traditional concrete without adding viscosity modifying
admixtures and super-plasticizers. It is a high flow construction and high-performance material.
Moreover, rising usage of SCC in precast and repairing activities will impel the self-compacting
concrete market.
Raw materials required for manufacturing self-compacting concrete are fine & coarse
aggregates, fibres, fly ash, admixtures, water and cement. The product is available in distinct
designs which include powder type, viscosity agent and combination type. Amongst,
combination type is the fastest growing design segment owing to property of effectively
balancing the moisture fluctuations during solid blocks production process.
Self-compacting concrete is used for marking concrete frames, metal decking, columns and
drilled shafts. Among these, concrete frames application holds the largest market share and is
anticipated to witness the same trend due to upsurge in demand of specific complex design
desired by the customers in construction industry.
End-use industry for self-compacting concrete market include building & construction, oil &
gas and infrastructure. Construction industry holds the fastest growing application segment
owing to rise in building activities in both developed and developing countries.
North America self-compacting concrete market is predicted to grow at moderate rate as the
region suffered with the crisis in residential and commercial sector.
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Europe, led by Germany is the fastest growing region for self-compacting concrete market
owing to increased construction activities. The region is expected to witness a high demand
due to rising precast activities along with gradually recovering housing and construction sector.
Asia Pacific self-compacting concrete market is expected to witness significant growth
urbanizing with growing transportation & power industry in India and escalating investment in
building industry in China will flourish the market demand.
The Middle East and Africa region will be the fastest growing self-compacting concrete market
over the forecasted years. Rapidly rising oil & gas and construction industry in this region will
augment the SCC market. Growing industrialization is the key reason to propel the product
market.
Global self-compacting concrete market is moderately consolidated in nature. Several wellknown
participants operating in the field are Unibeton Ready Mix, Ultratech Cement, Tarmac,
Sika Group, Lafarge, Cemex and BASF SE.
Numerous market leaders are trying to develop new product & technology and mergers &
acquisitions strategies to expand their product portfolio and to sustain in the market. In 2016,
Sika Group introduced an innovative technology named. ‘Sika Viscocrete’ for SCC. Using the
technology enables high strength, easy finishing, significant water reductions, excellent SCC
properties and consistent slump & flow in SCC.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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