Self-Consolidating Concrete (SCC) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Self-Consolidating Concrete (SCC) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The global self-consolidating concrete (SCC) market is expected to grow with a CAGR greater than 5% during the forecast period. One of the major factors driving the market is the superior durability and reduced environmental footprint.

Key Highlights

• Non-requirement of the vibration process for SCC is another major driver for the market studied.
• Among the applications, the precast concrete application is likely to account for the highest market share during the forecast period.
• Asia-Pacific is expected to account for the highest growth rate during the forecast period.

Key Market TrendsPrecast Concrete Application to Dominate the Market

• Currently, the precast concrete segment accounts for the major consumption in the global SCC market. It consists of a range of products including flooring units, architectural cladding, masonry (blocks and walling), paving, piles & foundations, roof tiles, drainage, railway products, and structural components.
• Typically precast products share the service life of the structure on which they are utilized. For example, concrete blocks are commonly used in the frame of buildings, particularly in cavity wall construction for housing.
• They will become usable until the structure is demolished or has its layout changed. Moreover, precast concrete products can be crushed to form recycled aggregate and can be reused in a number of applications.
• Hence, owing to the above-mentioned factors, the precast concrete application is likely to dominate the market

Europe to Dominate the Market

• Europe is the current leader in the world for SCC and is expected to grow at a steady rate during the forecast period.
• The majority of the demand in Europe comes from Germany, the United Kingdom, and France.
• The increased consumer emphasis on low-noise construction activities, and the gradually recovering construction and housing sector in Europe, in recent years, are some of the factors contributing to the growth of the studied market in this region.
• Additionally, the growing popularity of low-fines SDC (Smart Dynamic Concrete) is also a major driving factor for the market studied in Europe.
• Hence, owing to the above-mentioned reasons, Europe is likely to witness the highest share of the market studied during the forecast period.

Competitive Landscape

The global self-consolidating concrete (SCC) market is moderately consolidated as the majority of the market share is divided among few players. Some of the key players in the market include BASF SE, SIKA AG. CEMEX S.A.B. de C.V., Breedon Group plc, and LafargeHolcim, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.