The Rapid Strength Concrete Market Report 2019-2023 focuses on the global Rapid Strength Concrete status, future forecast, growth opportunity, key market, and key players.
The Rapid Strength Concrete Market report studies the global market size of Rapid Strength Concrete in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Rapid Strength Concrete in these regions. This research report categorizes the global Rapid Strength Concrete market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of Rapid Strength Concrete include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- CEMEX S.A.B. DE C.V.
- TARMAC (CRH)
- BASF SE
- BORAL LIMITED
- BUZZI UNICEM USA; CTS CEMENT
- AGGREGATE INDUSTRIES UK LTD.
- EMTEK LTD.
- INSTARMAC GROUP PLC
- PERIMETER CONCRETE LTD
- and WESTBUILD GROUP
Overview of Rapid Strength Concrete Market Research Report 2019-2023:-
The global rapid strength concrete market is expected to register a CAGR of 4.56% during the forecast period, 2019 to 2023. North America dominated the global market, accounting almost 33% of the market share in 2017.
Increasing Multi-Story and High Rise Construction Activities
The construction industry is growing at a healthy rate, primarily in developing countries, such as India and China, owing to the industrialization resulting in rapid urbanization. This, in turn, is boosting the demand for commercial buildings, such as schools, offices, complexes and other industries. At the same time, the availability of free land is decreasing, despite the heavy demand for new buildings. This less availability of land is resulting in construction of various multi-storied buildings that meet the required demand in a limited area. On the other side, the high-demand construction projects are to be completed within a stipulated time, which is directly dependent on the drying or settling time of concrete. In such cases, rapid strength concrete plays a vital role, in completing the projects with utmost strength, within a short time.
This scenario is quite similar in developed regions, such as United States and Germany. High growth rate in population (between 22-30 years of age) is boosting the demand for new commercial buildings, such as offices, and also forcing in increasing the heights of existing buildings, where area is very limited. This, in turn, is increasing the demand for rapid strength concrete in these regions.
Roads/Bridges â the dominating application segment
The strength and long term durability of roads and bridges are of main importance to avoid any damage or accident to the structure or to cause inconvenience to the people.
In 2010, the contractor of the Highway 23 project in California, Security Paving, Sun Valley, Calif., used rapid strength concrete for road and bridge repair work. Furthermore, Saudi Arabiaâs major initiatives concerning infrastructural development included white land tax initiative and transport infrastructure development plan in Riyadh. Under this, the government is focusing on construction of 175 km of six-lane road and 85 stations; this is anticipated to be complete by 2019. Such continuous progress is expected to drive the market through the forecast period.
In 2017, roads/bridges application segment dominated the global market with a market share of almost 20%.
Asia-Pacific â the fastest growing market through 2023
North America dominated the global market in 2017, however, Asia-Pacific is expected to be the fastest growing market through the forecast period primarily driven by Japan and China region. The Japanese construction sector remains positive in terms of short-term growth, due to the increasing demand, triggered by a sudden rise in residential construction and projects related to the Tokyo Olympics, 2020. Furthermore, the government of Japan is also constantly focusing on both long term and short-term development plans. China, despite experiencing a volatile growth in real estate market, is experiencing significant development of rail and road infrastructure; all of which is expected to drive the market through the forecast period.
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Reasons to Purchase this Report
Key questions answered in the Rapid Strength Concrete Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Rapid Strength Concrete market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of Rapid Strength Concrete Market Research Report 2019-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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