Market Trends of Self-Consolidating Concrete (SCC) Industry
This section covers the major market trends shaping the Self Consolidating Concrete Market according to our research experts:
Precast Concrete Application to Dominate the Market
- Currently, the precast concrete segment accounts for the major consumption in the global SCC market. It consists of a range of products including flooring units, architectural cladding, masonry (blocks and walling), paving, piles & foundations, roof tiles, drainage, railway products, and structural components.
- Typically precast products share the service life of the structure on which they are utilized. For example, concrete blocks are commonly used in the frame of buildings, particularly in cavity wall construction for housing.
- They will become usable until the structure is demolished or has its layout changed. Moreover, precast concrete products can be crushed to form recycled aggregate and can be reused in a number of applications.
- Hence, owing to the above-mentioned factors, the precast concrete application is likely to dominate the market
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Europe to Dominate the Market
- Europe is the current leader in the world for SCC and is expected to grow at a steady rate during the forecast period.
- The majority of the demand in Europe comes from Germany, the United Kingdom, and France.
- The increased consumer emphasis on low-noise construction activities, and the gradually recovering construction and housing sector in Europe, in recent years, are some of the factors contributing to the growth of the studied market in this region.
- Additionally, the growing popularity of low-fines SDC (Smart Dynamic Concrete) is also a major driving factor for the market studied in Europe.
- Hence, owing to the above-mentioned reasons, Europe is likely to witness the highest share of the market studied during the forecast period.
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