
Carbon Concrete Market Size, Share, and Analysis, By Type (Ultra Low Carbon, Normal Carbon), By Application (Buildings, Infrastructure, Industrial, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast
Description
Carbon Concrete Market Size, Share, and Analysis, By Type (Ultra Low Carbon, Normal Carbon), By Application (Buildings, Infrastructure, Industrial, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Carbon Concrete Market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 2.1 billion and is projected to reach USD 6.8 billion by the completion of 2034.
Carbon concrete, also known as carbon fiber reinforced concrete (CFRP), is a material that uses carbon fibers in place of standard iron bars and creates a material with better mechanical properties. It provides greater tensile strength, which helps to build lighter and more resilient structures than regular concrete. In addition, the strong flexibility of carbon concrete helps prevent cracks and performs well in different environments. Moreover, carbon concrete helps sustainability efforts by reducing the carbon emissions from construction projects. Besides, carbon concrete is used in various applications such as constructions, bridges, tunnels, and similar projects. Consequently, carbon concrete is gaining popularity in the automotive and aviation industries for producing lightweight components.
MARKET HIGHLIGHTS
Carbon Concrete Market is expected to reach USD 6.8 billion during the forecast period, due to the rising demand for sustainable construction materials. The strength, durability, and lighter weight of carbon concrete make it beneficial for constructing structures such as buildings and bridges. Moreover, innovations in carbon fiber technology have improved manufacturing methods and increased the availability of carbon concrete for commercial purposes. Furthermore, several initiatives from the government to reduce carbon footprints are promoting the adoption of carbon concrete in the industry. The automotive and aviation sectors are further using carbon concrete due to its lightweight properties which help in reducing fuel consumption and improve their performance.
Carbon Concrete Market Segments:
Growth Drivers
Demand for Lightweight Material is Critical to Boost the Adoption of Carbon Concrete
Government regulations and initiatives Will Aid the Market
Restraint
Higher Costs can Limit the Growth of the Carbon Concrete Market
Key Players
PRODUCT OVERVIEW
Carbon Concrete Market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 2.1 billion and is projected to reach USD 6.8 billion by the completion of 2034.
Carbon concrete, also known as carbon fiber reinforced concrete (CFRP), is a material that uses carbon fibers in place of standard iron bars and creates a material with better mechanical properties. It provides greater tensile strength, which helps to build lighter and more resilient structures than regular concrete. In addition, the strong flexibility of carbon concrete helps prevent cracks and performs well in different environments. Moreover, carbon concrete helps sustainability efforts by reducing the carbon emissions from construction projects. Besides, carbon concrete is used in various applications such as constructions, bridges, tunnels, and similar projects. Consequently, carbon concrete is gaining popularity in the automotive and aviation industries for producing lightweight components.
MARKET HIGHLIGHTS
Carbon Concrete Market is expected to reach USD 6.8 billion during the forecast period, due to the rising demand for sustainable construction materials. The strength, durability, and lighter weight of carbon concrete make it beneficial for constructing structures such as buildings and bridges. Moreover, innovations in carbon fiber technology have improved manufacturing methods and increased the availability of carbon concrete for commercial purposes. Furthermore, several initiatives from the government to reduce carbon footprints are promoting the adoption of carbon concrete in the industry. The automotive and aviation sectors are further using carbon concrete due to its lightweight properties which help in reducing fuel consumption and improve their performance.
Carbon Concrete Market Segments:
- By Type
- Ultra Low Carbon
- Normal Carbon
- By Application
- Buildings
- Infrastructure
- Industrial
- Others
Growth Drivers
Demand for Lightweight Material is Critical to Boost the Adoption of Carbon Concrete
Government regulations and initiatives Will Aid the Market
Restraint
Higher Costs can Limit the Growth of the Carbon Concrete Market
Key Players
- BASF SE
- Wacker Chemie AG
- Chomarat Group
- CarbonCure Technologies Inc.
- Owens Corning
- Sabic
- CRH plc
- SGL Carbon SE
- Solidia Technologies, Inc.
- Skanska AB
- LafargeHolcim Ltd.
- C-Crete Technologies
- Carbon Clean Solutions Limited
- Cemex S.A.B. de C.V.
- HeidelbergCement AG
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
587 Pages
- 1. Executive Summary
- 1.1. Regional Market Share
- 1.2. Business Trends
- 1.3. Carbon Concrete Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1. Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1. Market Definition
- 3.2. Carbon Concrete Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4. Carbon Concrete Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2. COVID-19 overview of world economy
- 4.3. Industry Ecosystem Channel Analysis
- 4.4. Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7. Market Dynamics
- 7.1. Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4. Market Restraints
- 7.5. Market Trends
- 8. Risk Analysis
- 9. Market Analysis
- 9.1. Porter's Five Forces
- 9.2. PEST Analysis
- 9.2.1. Political
- 9.2.2. Economic
- 9.2.3. Social
- 9.2.4. Technological
- 10. Carbon Concrete Market
- 10.1. Overview
- 10.2. Historical Analysis (2018-2022)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11. Carbon Concrete Market Size & Forecast 2024 A-2034 F
- 11.1. Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1. By Type
- 11.3.1.1. Ultra-Low Carbon
- 11.3.1.1.1. By Value (USD Million) 2024 A-2034 F
- 11.3.1.1.2. Market Share (%) 2024 A-2034 F
- 11.3.1.1.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.1.2. Normal Carbon
- 11.3.1.2.1. By Value (USD Million) 2024 A-2034 F
- 11.3.1.2.2. Market Share (%) 2024 A-2034 F
- 11.3.1.2.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.2. By Application
- 11.3.2.1. Buildings
- 11.3.2.1.1. By Value (USD Million) 2024 A-2034 F
- 11.3.2.1.2. Market Share (%) 2024 A-2034 F
- 11.3.2.1.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.2.2. Infrastructure
- 11.3.2.2.1. By Value (USD Million) 2024 A-2034 F
- 11.3.2.2.2. Market Share (%) 2024 A-2034 F
- 11.3.2.2.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.2.3. Industrial
- 11.3.2.3.1. By Value (USD Million) 2024 A-2034 F
- 11.3.2.3.2. Market Share (%) 2024 A-2034 F
- 11.3.2.3.3. Y-o-Y Growth (%) 2024 A-2034 F
- 11.3.2.4. Others
- 11.3.2.4.1. By Value (USD Million) 2024 A-2034 F
- 11.3.2.4.2. Market Share (%) 2024 A-2034 F
- 11.3.2.4.3. Y-o-Y Growth (%) 2024 A-2034 F
- 12. North America Carbon Concrete Market Size & Forecast 2024 A-2034 F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Type
- 12.3.2. By Application
- 12.4. Country
- 12.4.1. United States
- 12.4.2. Canada
- 13. Europe Carbon Concrete Market Size & Forecast 2024 A-2034 F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Type
- 13.3.2. By Application
- 13.4. Country
- 13.4.1. Germany
- 13.4.2. United Kingdom
- 13.4.3. France
- 13.4.4. Italy
- 13.4.5. Spain
- 13.4.6. Russia
- 13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14. Asia-Pacific Carbon Concrete Market Size & Forecast 2024 A-2034 F
- 14.1. Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Type
- 14.3.2. By Application
- 14.4. Country
- 14.4.1. India
- 14.4.2. China
- 14.4.3. South Korea
- 14.4.4. Japan
- 14.4.5. Rest of APAC
- 15. Middle East and Africa Carbon Concrete Market Size & Forecast 2024 A-2034 F
- 15.1. Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Type
- 15.3.2. By Application
- 15.4. Country
- 15.4.1. Israel
- 15.4.2. GCC
- 15.4.3. North Africa
- 15.4.4. South Africa
- 15.4.5. Rest of Middle East and Africa
- 16. Latin America Carbon Concrete Market Size & Forecast 2024 A-2034 F
- 16.1. Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1. By Type
- 16.3.2. By Application
- 16.4. Country
- 16.4.1. Mexico
- 16.4.2. Brazil
- 16.4.3. Rest of Latin America
- 17. Competitive Landscape
- 17.1. Company market share, 2023
- 17.2. Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1. BASF SE
- 18.1.1. Company Overview
- 18.1.2. Financial Overview
- 18.1.3. Key Product; Analysis
- 18.1.4. Company Assessment
- 18.1.4.1. Product Portfolio
- 18.1.4.2. Key Clients
- 18.1.4.3. Market Share
- 18.1.4.4. Recent News & Development (Last 3 Yrs.)
- 18.2. Wacker Chemie AG
- 18.3. Chomarat Group
- 18.4. CarbonCure Technologies Inc.
- 18.5. Owens Corning
- 18.6. Sabic
- 18.7. CRH plc
- 18.8. SGL Carbon SE
- 18.9. Solidia Technologies, Inc.
- 18.10. Skanska AB
- 18.11. LafargeHolcim Ltd.
- 18.12. C-Crete Technologies
- 18.13. Carbon Clean Solutions Limited
- 18.14. Cemex S. A. B. de C. V.
- 18.15. HeidelbergCement AG
- 18.16. Other Prominent Players
- 19. Appendix
- 20. Consultant Recommendation
Pricing
Currency Rates
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