Market Size of Self-Compacting Concrete Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Self-Compacting Concrete Market Analysis
The market for self-compacting concrete is expected to grow at a CAGR of about 6% globally during the forecast period. Growing demand from the residential sector along with increasing infrastructure activities & construction of complex and high-rise structures and reduces labor costs and eliminates the use of vibration processes are driving the market. On the flip side, higher raw material costs coupled with unfavorable conditions arising due to the COVID-19 outbreak are hindering the market growth.
- The self-compacting concrete market is expected to grow during the forecast period owing to the growing demand from the residential sector.
- Asia-Pacific region to dominate the market across the globe with the largest consumption from countries such as China and India.
