Stratview Research has published a new report titled “Ultra-high-Performance Concrete Market” which is segmented by Material Type (Cement, Admixtures, Sand and Quartz Flour, and Others), by Application Type (Residential, Commercial, Infrastructural, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, Ultra-high-performance concrete market is expected to grow from USD 454.43 million in 2021 to USD 785.31 million by 2028 at a CAGR of 8.04% during the forecast period of 2022-2028. The growing demand for ultra-high-performance concrete is mainly due to high growth of construction activities across the world. The increasing number of commercial, residential and infrastructural assets worldwide is driving the market.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the application type, the ultra-high-performance concrete market is segmented as residential, commercial, infrastructural, and others (healthcare, institutional, military, hospitality, and anti-detonating construction). The infrastructural segment dominated the market in 2020, and is likely to lead the market during the forecast period. On the other hand, the residential segment is estimated to be the fastest-growing segment during the forecast period. The need for concrete with superior quality, higher compressive strength, durability, and reduced weight is expected to drive the market.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing ultra-high-performance concrete market during the forecast period. The market is driven by the extensive growth of construction industry in developing countries and huge investments made for building and rehabilitation of existing infrastructure, and the increasing units of new housing projects. All these factors are driving the growth of the ultra-high-performance concrete market in the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Ultra-high-Performance Concrete Market:
· LafargeHolcim Ltd
· ACC Limited
· Sika AG
· Vicat SA
· U.S. Concrete, Inc.
· CEMEX S.A.B. de C.V.
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