Global Rapid Strength Concrete Market Size study & Forecast, by Application (Airport, Building Floor, Dockyard, Formed Work, Parking Area, Rail Network, Road/Bridge, and Other Applications) and Regional Analysis, 2022-2029
Global Rapid Strength Concrete Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2022-2029. Rapid Strength Concrete (RSC) is a type of concrete that achieves a higher compressive strength in a shorter period of time than traditional concrete. It is typically used in applications where early strength gain is important, such as in road construction, bridge repairs, precast concrete elements, and emergency repairs. The market for RSC includes the production and sale of the concrete mix, as well as the equipment and technologies used for its manufacturing, transportation, and placement. The market growth is driven by key factors such as increasing demand for infrastructure development and repair projects and growing focus on sustainability and reducing carbon footprint.
For instance, The third-largest economy in Europe is the United Kingdom, with a 1.9% growth rate. About 6% of the nation's GDP is provided by the building industry. As part of the National Productivity Investment Fund, the government intends to invest 1% to 2% of GDP on infrastructure between 2020 and 2050 to improve infrastructure for the country's people (NPIF). The fourth-largest economy in Europe is that of Italy. 4.9% or so of the nation's GDP is attributable to the building industry. On the other side, in new greenfield airport developments worldwide, over USD 255 billion has been invested. The cost of airport infrastructure projects is anticipated to surpass USD 1 trillion over the next 40 years when combined with expenditures at current airports in projects like new runways and terminal buildings, runway and terminal expansions, and other projects. However, High production and transportation costs and the availability of raw materials stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Rapid Strength Concrete Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Rapid strength concrete consumption has increased recently as a result of growing investments in infrastructure projects like high-capacity transportation infrastructure for both freight and passenger transportation, structural maintenance of the current road, rail, and waterway networks, and revisions to federal government energy policies to encourage more private investment.
Major market player included in this report are:Aggregate Industries UK Ltd
BASF S
Boral Limited
Buzzi Unicem SpA
CEMEX SAB de C
CTS Cement
EMTEK Ltd
Fosroc Inc.
Instarmac Group PLC
Lafarge Holcim
Recent Developments in the Market:Boral has obtained a $384,000 grant from the Australian Research Council (ARC) in collaboration with the University of NSW (UNSW). With the help of this money, we will be able to enhance Boral's performance in the concrete industry and help our sustainable product development get off the ground faster.
Global Rapid Strength Concrete Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Application:
Airport
Building Floor
Dockyard
Formed Work
Parking Areas
Rail Network
Road/Bridge
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies MentionedAggregate Industries UK Ltd
BASF S
Boral Limited
Buzzi Unicem SpA
CEMEX SAB de C
CTS Cement
EMTEK Ltd
Fosroc Inc.
Instarmac Group PLC
Lafarge Holcim
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