Report Ocean has just released an all-encompassing market research report delving deep into the Ultra High Performance Concrete Market industry. This report furnishes readers with invaluable insights into both present and future industry trends, equipping them with the means to discern the factors driving revenue growth and profitability. It meticulously scrutinizes the critical factors that impact both the global and regional markets, encompassing drivers, limitations, risks, challenges, opportunities, and trends specific to the industry. Additionally, the report underscores global certainties, undertakes comprehensive analysis of key players from upstream to downstream, and presents market forecasts, SWOT & PESTEL analysis, market scenarios, and feasibility studies.
Ultra High Performance Concrete Market is valued at approximately USD 371.0 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2022-2029. Ultra-high-performance is an upgraded type of concrete mix that is characterized by its high strength and has the potential to revolutionize the construction industry. These qualities make ultra-high-performance concrete a suitable choice of material for highways/bridges, flyovers and other infrastructure projects. Accordingly, factors such as the rising focus on developing infrastructural facilities and increasing industrialization along with rapid urbanization translating to many new construction projects, are stipulating the market demand across the globe.
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The increasing number of government investments related to infrastructural development is acting as a key driving factor for the market growth during the estimated period. For instance, in 2021, The German government announced plans to build 400,000 new apartments annually, 100,000 of which receive public assistance, along with their objective to achieve carbon neutrality by 2045. Also, Autobahn- a German government’s road firm presented a budget of USD 578 million (EUR 530 million) with the primary objective of this is to improve bridges across the network. Additionally, in November 2021, President Joe Biden approved a bill for infrastructure on a bipartisan basis. Under this initiative, the U.S. government planned to invest around USD 1.2 trillion in infrastructure projects, which includes several civil construction projects all over the nation. Roads, bridges, and other significant infrastructure projects are likely to receive funding totaling USD 110 billion as part of this bill. Therefore, the rising need for residential and commercial development is leading to higher adoption of ultra high performance concrete in the worldwide market. Furthermore, the increasing development of new products and services, as well as the rising adoption of architectural UHPC in construction projects are leveraging various opportunities that are augmenting the market growth over the forecasting period of 2022-2029. However, high costs associated with initial capital investment and fluctuations in the prices of raw materials are the major factor that are hindering the growth of the market.
The key regions considered for the Global Ultra High Performance Concrete Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the huge investments in the infrastructural sector and the increasing number of new housing units. Whereas, Asia-Pacific is also anticipated to emerge as the fastest growing market region during the forecast period 2022-2029. Factors such as growing demand in Japan, South Korea, China and other Asian countries owing to the tremendous construction opportunities, growing awareness about the use of UHPC, and rapid urbanization have driven the growth of the region.
Major market players included in this report are:
Holcim Group (Switzerland)
CEMEX S.A.B. de C.V. (Mexico)
Vicat (France)
ACC Limited (India)
Sika Canada Inc. (Canada)
TAKTL (U.S.)
Gulf Precast Concrete Co. LLC (UAE)
ceEntek Pte Ltd. (Singapore)
CHRYSO UK Limited (U.K.)
Freyssinet Limited (England)
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Recent Developments in the Market:
In May 2021, LafargeHolcim has agreed to acquire the aggregates business and two ready-mix concrete plants from Heidelberg Cement in Athens, Greece as part of its growth strategy. The acquisition helps LafargeHolcim’s to increase its capacity to deliver environmentally friendly construction options for the dynamic metropolitan area of Athens and important infrastructure projects.
In December 2020, ceEntek announced that the company is establishing its new branch, ceEntek Canada Ltd. in Calgary, Canada, which aims on strengthening its geographical footprints across North America.
Global Ultra High Performance Concrete Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Slurry Infiltrated Fibrous Concrete (SIFCON)
Reactive Powder Concrete (RPC)
Compact Reinforced Composite (CRC)
By Application:
Road & Bridge Construction
Building Construction
Military Construction
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Table of Contents:
- Executive Summary
- Introduction
- Methodology
- Market Overview
- Market Analysis
- Market Size and Forecast
- Market Trends
- Market Dynamics
- Market Segmentation
- Competitive Landscape
- Competitive Scenario
- Key Players
- Regional Analysis
- Regional Market Overview
- Market Size and Forecast by Region
- Product/Service Analysis
- Product/Service Overview
- Market Size and Forecast by Product/Service
- End-User Analysis
- End-User Overview
- Market Size and Forecast by End-User
- Industry Structure
- Key Findings and Recommendations
- Conclusion
Compelling Reasons to Invest:
Market Segmentation and Value Insights:
- The report offers a comprehensive market segmentation, providing market value data for each segment and sub-segment examined. This deepens your understanding of market dynamics and opportunities within specific market segments.
Focus on Rapid Growth and Dominant Regions:
- This study pinpoints regions and market segments poised for swift growth and those holding a substantial market share. This strategic insight aids businesses in targeting high-growth areas for investment.
Geographical Market Analysis:
- Emphasizing product or service consumption across different geographic areas, the report identifies region-specific variables that influence the market. It offers valuable insights into regional market dynamics.
Competitive Landscape:
- The report includes market rankings of major players, highlighting recent partnerships, product/service launches, business expansions, and acquisitions by profiled companies. This data facilitates a comprehensive understanding of the competitive landscape and industry trends.
Comprehensive Company Profiles:
- Detailed profiles are provided for top market players, encompassing business overviews, company insights, product benchmarking, and SWOT analysis. This aids in gaining a holistic perspective on key market players.
Market Outlook and Growth Prospects:
- The report presents the current market outlook and future growth prospects, considering recent changes and developments. It identifies growth opportunities, drivers, obstacles, and restrictions in both developing and emerging regions.
Market Analysis Using Porter’s Five Forces and Value Chain:
- The market report offers a multifaceted market analysis, utilizing Porter’s five forces to assess industry competitiveness and providing insights into the market using the Value Chain approach.
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