Rapid Strength Concrete Market Report to 2024 | Revenue, Growth and Trends Analysis
Category: #reports  By Rahul Varpe  Date: 2020-04-23
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Rapid Strength Concrete Market Report to 2024 | Revenue, Growth and Trends Analysis

The Rapid Strength Concrete Market size was estimated at USD 270 billion in 2016 and is projected to surpass USD 450 billion by the year 2024. During the period of 2017-2024, the Rapid Strength Concrete Market is anticipated to expand with a CAGR of 7%.

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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The deployment of rapid strength concrete, incidentally has helped numerous construction companies reduce their capital expenditure. For instance, one the UK based highway management company, Kier Highways, merely a year ago, successfully saved around GBP 35 million from the government allotted budget in a single project with the use of rapid strength concrete. Using the material for highway repair enabled Kier to prevent lane closure, since the concrete possessed the ability to dry faster, enabling the construction crew to complete the work much more quickly than it would have taken otherwise.

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. Additionally, 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.

Market 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

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Know about Market growth in New Research and its Top growing factors by Key Companies like: -

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

Comprehensive Review of Market by Applications: -

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

The prominent regions across the globe which are slated to gain major hold in the market as well as the ones which are most likely to emerge as lucrative revenue pockets are mustered in the report. An insightful analysis of the new technological advancements in the industry, in tandem with in-depth profiles of all the key market players as well as unique model analysis are encompassed in the research report.

Market Report Includes

  1. An exhaustive analysis regarding the present market scenario along with the growth opportunities, major players, target audience, and market forecast until 2024
  2. A thorough gist of the market including growth projection, market size, prominent contenders, and market evaluation till 2024
  3. A documentation of the growth forecast, returns, growth opportunities, and Forecast 2019-2024
  4. Summary of Primary and Secondary Research, alongside Consumption Analysis, Market Segmentation, and Forecast until 2024
  5. A comprehensive evaluation with regards to Export Research Report, Emerging Growth Factors, Market Dynamics, and Forecast 2019-2024
  6. Data pertaining to Strategic Developments, Market Assessment, and Forecast until 2024
  7. Information regarding market trends, product applications, ongoing demand, technological developments and Forecast till 2024

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Key Reasons to Purchase the Market Report

  1. The report is inclusive of detailed analysis of the global market with respect to end-use spectrum, product terrain, market opportunities, along with regional demand by 2024
  2. An exhaustive data review, in consort with the systematic assessment of the market with regards to the regions and global vendors – until 2024
  3. All-detailed documentation of the parameters which will influence the market significantly, alongside the preventive strengths and their impact on the global market.
  4. The study further focuses on identifying the concealed growth opportunities of the market while delivering data on increasing CAGR through 2024
  5. The report evaluates basis issues, solutions, in tandem with product developments to address the expansion threat.


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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