Global Self-compacting Concrete (SCC) Market 2017-2021
About Self-Compacting Concrete (SCC)
Self-compacting concrete (SCC), also known as self-consolidating concrete, is a concrete mix that can be placed completely by means of its own weight; i.e., it does not require vibration or tamping for leveling. SCC is a high-performance concrete that offers notable benefits while maintaining the concrete's customary durability and mechanical characteristics.
Technavio’s analysts forecast the global self-compacting concrete (SCC) market to grow at a CAGR of 5.83% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global self-compacting concrete (SCC) market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Self-Compacting Concrete (SCC) Market 2017-2021
Technavio recognizes the following companies as the key players in the global self-compacting concrete (SCC) market: BASF, CEMEX, HeidelbergCement, LafargeHolcim, and Sika.
Other Prominent Vendors in the market are: ACC, Buzzi Unicem, Breedon Group, Kilsaran, Tarmac, and UltraTech Cement.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is alternatives to SCC. The manufacturing of one metric ton of cement releases around a ton of carbon dioxide into the atmosphere. Eco-SCC has fewer cementitious materials as compared with conventional SCC. It is quite common to use nearly 600 kg/m3 of cementitious materials in SCC in Germany and in most parts of Asia. However, it is used less in Denmark, nearly 360 kg/m3. As eco-SCC has low cement content, its rheology is quite different from other SCCs because it has low plastic viscosity. This makes eco-SCC easier for use. On the contrary, it is difficult to ensure stability with respect to segregation with such a low viscosity.”
According to the report, one of the major drivers for this market is growth in construction activities. The increase in investment for construction industry across emerging economies is driving the growth of the global cement industry. The global construction industry is expected to grow to nearly $12 trillion by 2021. APAC has the world's emerging and growth-leading economies, namely China, India, Japan, Indonesia, and the Philippines. Apart from these countries, Malaysia and Vietnam are considered the potential emerging markets while Singapore being one of the leading markets in terms of quality of the infrastructure. These emerging markets compete in the development of high-quality infrastructure. The construction industry has helped the rapid expansion of the Saudi Arabia’s infrastructure over the past two decades.
Further, the report states that one of the major factors hindering the growth of this market is fluctuations in raw materials prices and high cost associated with SCC. Superplasticizers are the principal raw material used in SCC. These superplasticizers are usually made from crude oil derivatives, and the fluctuations in crude oil prices have a significant impact on their prices, thereby affecting the cost of the final product.
BASF, CEMEX, HeidelbergCement, LafargeHolcim, Sika, ACC, Buzzi Unicem, Breedon Group, Kilsaran, Tarmac, and UltraTech Cement.
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