Global Self-Healing Concrete market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 24% from 2020 to 2027, reaching US$ XX Mn.
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Self-mending concrete is created with the target of decreasing maintenance costs and improving the life of the development structures. Self-healing concrete restores crack and reduces the maintenance cost, leading to its high popularity, worldwide. The global self-healing concrete market is driven by the rise in demand for sustainable infrastructure and increasing focus to decrease carbon footprint rising due to construction. The growing investment in the infrastructure sector and essential to decrease overall structural maintenance costs are also projected to impel the market growth in the forecast period. However, self-healing concrete is currently more expensive than conventional materials are restraining the market growth at the global level. A wide application base for reliable and durable construction is expected to create beneficial opportunities for the key players in the market during the forecast period. Scaling up from pilot scale to industrial-scale production, and securing profitability and competitiveness are the major challenges for the self-healing concrete market in the near future.
Based on the end-user, the self-healing concrete market has segmented into residential and commercial, industrial, civil infrastructure. The civil infrastructure segment has led the self-healing concrete market in 2019 and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of XX%. The civil infrastructure is estimated to be the most noteworthy recipient of utilizing self-healing concrete, which will improve the quality of dams, passages, and streets. It means to expand the sturdiness of different civil engineering structures, which incorporates passages and scaffolds among others and also support to reduce the maintenance cost over the long haul. All these factors are likely to fuel the civil infrastructures segment growth in the self-healing concrete market.
Geographically, the Self-Healing Concrete market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe held the prominent market share of XX% in 2019 and is expected to reach US$ Mn by the end of 2027, with a CAGR of XX%. Thanks to the high awareness of the benefits of self-healing concrete in the region. The existence of huge construction activities and numerous research and development projects in the region are other factors helping the self-healing concrete market growth. The market in the Asia Pacific is expected to grow at a high CAGR of XX% during the forecast period. The rising investments in the massive construction and research and development activities for the introduction of advanced self-healing concrete is predicted to accelerate the growth of this region in the near future. Countries such as China and Japan have huge potential to provide the required momentum for the market growth in the Asia-Pacific region.
The objective of the report is to present a comprehensive analysis of the Global Self-Healing Concrete Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Self-Healing Concrete Market dynamics, structure by analyzing the market segments and project the Global Self-Healing Concrete Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Self-Healing Concrete Market make the report investor’s guide.
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Scope of the Global Self-Healing Concrete Market:
Global Self-Healing Concrete Market, by Type:
• Intrinsic healing
• Capsule based healing
• Vascular healing
Global Self-Healing Concrete Market, by End User:
• Residential and Commercial
• Civil infrastructure
Global Self-Healing Concrete Market, by Region:
• Asia Pacific
• North America
• Latin America
• Middle East Africa
Global Self-Healing Concrete Market, Major Players:
• Acciona Infraestructureas S.A.
• Akzo Nobel N.V.
• CEMEX S.A.B. de C.V.
• Sika AG
• Avecom N.V.
• Comercializadora Espanola De Innovaciones Y Materiales
• COWI A/S
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Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Vikas Godage
Organization: Maximize Market Research Pvt.Ltd.Pune
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