Title: Rapid strength concrete market forecast to witness phenomenal growth opportunities by 2024
1Rapid Strength Concrete Market Share,
Segmentation, Report 2024 Global Market
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2Application Analysis of Rapid Strength Concrete
Market
- Rapid Strength Concrete Market is likely to
witness growth from 2017 to 2024. The growth is
attributed by growing construction and
infrastructure industry majorly for building
multi story and high rise building as well as
government emphasis on the application of
eco-friendly concrete across the globe is growing
the market over forecast period. - Rapid strength concrete has ability to develop
high resistance for chemical, abrasion and
thermal resistance in less time which will
further help in reducing project duration. Along
with these properties, it also offers certain
advantages like less maintenance, repair and
extent services life of bridges, tunnels,
highways, streets, and airfields. Rapid strength
concrete has several product types with a wide
range of strength and setting time which is
propelling the market growth over the forecast
period.
3Application Analysis of Rapid Strength Concrete
Market
- Growing demand for multi-story and high-rise
infrastructure across the globe is augmenting
construction and infrastructure activities. In
addition, demand for better transportation in
emerging and developed countries owing to boost
in automotive industry will further drive the
demand for rapid strength concrete. Moreover,
government emphasis on its application as it has
minimal carbon dioxide emission and
environment-friendly nature is enhancing market
growth. - It is mixed with minimal amount of water to
develop compressive strength and high resistance
within less time after application. Its ease of
placing and time saving properties, offers
constructors with better product in comparison to
traditional concrete. It is majorly consumed for
construction of roads and bridges which hold
potential market share as government of several
countries are investing in construction and
infrastructural industry which is projected to
drive the market over the coming years.
4Application Analysis of Rapid Strength Concrete
Market
- The market is restricted by high cost of rapid
strength concrete as compared to other available
concrete in the market which is negatively
impacting the market growth over the forecast
period. Further, lack of awareness in developing
economies, regarding its properties and
advantages are posing challenge toward the global
rapid strength concrete market growth.
5Regional Analysis of Rapid Strength Concrete
Market
- Europe hold potential market share in term of
volume consumption, rapid infrastructural
development and recovering economy have enhanced
the demand for construction building industry
of the region. Consumer demand in domestic market
is increasing with declining rate of
unemployment. - Asia Pacific which is one of the fastest growing
market, increasing application of rapid strength
concrete alternative of normal concrete will
further enhance market growth. Expansion of
low-cost novel products is estimated to provide
high development opportunities to global players
of rapid strength concrete market. - The MEA is predicted to grow at a reasonable CAGR
by the end of the forecast timeframe. The market
is highly driven by growing multi story and high
rise building majorly in Saudi Arabia region, due
to rising construction and infrastructural
building that is growing the regional market over
the forecasted period.
6Competitive Market Share of Rapid Strength
Concrete Market
- Boral Limited
- CEMEX S.A.B. de C.V
- CTS Cement
- Emtek Ltd
- Westbuild Group
- Firth Industries
- Holcim
- armac (a CRH company)
- Perimeter Concrete Ltd.
- Aggregate Industries UK Ltd.
- Instarmac Group plc
- Short Load Concrete Inc
- Westbuild Group
- Buzzi Unicem SpA
- BASF and Sika Corporation are the key
participants of advanced ceramics market.
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Concrete Market _at_ https//www.gminsights.com/indu
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