Rapid Strength Concrete Market - Growth Factors, Segmentation and Trends Analysis Report to 2024
Category: #reports  By Rahul Varpe  Date: 2020-04-27
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Rapid Strength Concrete Market - Growth Factors, Segmentation and Trends Analysis Report to 2024

At present, sustainability is becoming more and more important in the designing and construction of transportation infrastructure. Notable players in rapid strength concrete industry have been continuously working on R&D programs to minimize the impact of concrete on the environment with the development of next-generation sustainable cement.

With the soaring annual prices of construction material, cement manufacturers have also been adopting several business strategies to strengthen their business position by manufacturing affordable construction materials. Indeed, the shifting trends toward development of low cost, eco-friendly, and high-performance cement are certain to extensively impact the revenue graph of rapid strength concrete market, which is slated to remain exponential over the years ahead.

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The Rapid Strength Concrete Market is set to grow from its current market value of more than USD 270 billion to over USD 450 billion, as reported in the latest study.

The Rapid Strength Concrete Market is projected to register a CAGR of 7% during the period 2020-2024.  The market report coverage is inclusive of various parameters such as the market size, regional growth opportunities, major vendors in the market, drivers and constraints, segmental analysis, as well as the competitive landscape.

Growth Drivers: -

  1. Revival of the U.S. and European construction industry
  2. New construction projects in the U.S.
  3. Rapidly growing building & construction industry in Asia Pacific

Currently, many governmental bodies have been focusing on the improvement of internal mobility facilities, on the grounds of which they have been launching new projects for constructing freeways and highways. The California Department of Transportation in 2015, for example, launched one of the largest slab replacement projects in North America that required precast concrete pavement slabs for rapid highway constructions. Thus, the increasing number of state road construction projects across North America will push the regional rapid strength concrete industry share. As per estimates, North America rapid strength concrete market size has been projected to register a CAGR of more than 5% over 2017-2024.

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Top Companies: -

Aggregate Industries UK Ltd., Boral Limited, Bostik, CEMEX S.A.B. de C.V, Sakrete, Perimeter Concrete Ltd., Short Load Concrete Inc., Sika Corporation, Instarmac, Westbuild Group, BASF SE, Perimeter Concrete Ltd., Holcim Ltd., CTS Cements, Tarmac, Evecrete India

Split by application, the market is divided into

  1. Roads/Bridges
  2. Building/Floors
  3. Tunnels
  4. Airfields
  5. Highways

This report contains detailed information pertaining to the consumption of the product as well as market share of the application, alongside the growth rate of every application segment.

The regional segmentation covers

  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America (LATAM)
  5. Middle East

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What are the key highlights of this report?

  1. A well-detailed pricing analysis has been undertaken on the source of the product, application, as well as regional segments
  2. A detailed evaluation of the player matrix in tandem with the major firms that will help better understand the competitive situation in the global market
  3. Important insights pertaining to the regulatory scenario governing the market, in tandem with the investments poured in by numerous stakeholders in the global market
  4. A deep-dive evaluation of the myriad aspects pushing the overall market growth alongside their impact on the anticipation as well as dynamics of the global market
  5. A detailed roadmap that presents the many available growth opportunities in the global market as well as the identification of vital factors
  6. An intrinsic analysis of the myriad trends that prevail in the global industry which would help identify the numerous developments


About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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