Global High-Strength Concrete Market Report and Forecast 2024-2032

Global High-Strength Concrete Market Outlook

The global high-strength concrete market is expected to grow in the forecast period of 2024-2032 at a CAGR of 4.10%.

Cement Segment Based on Constituent to Hold a Significant Share in the Global High-Strength Concrete Industry

Cement can help create a large and strong structure quickly and can be moulded in different shapes. The high thermal mass of cement makes it ideal for residential construction in order to fulfill the demand for temperature moderation. In addition to this, the diversified use of cement in the construction industry, such as in building applications, is anticipated to bolster the growth of the segment in the forecast period.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The Asia Pacific Accounts for a Significant Share in the Market

The high-strength concrete industry in the Asia Pacific is driven by the growing government investments in the urbanisation projects such as the development of schools, dams, roads, and others. In this regard, the growing construction activities especially in emerging economies like India, China, and others are aiding the market growth in the region. Further, India is estimated to attain a significant growth in the forecast period owing to the rising demand for high-strength construction materials in infrastructure development projects across the country.

High-Strength Concrete: Market Segmentation

High-strength concrete is defined as a type of concrete that has special properties as compared to normal concrete. These properties include low shrinkage, low permeability, high modulus of electricity, and high strength. The cube strength of this concrete varies between 60 and 100 N/mm 2. Moreover, high-strength concrete is ideal for tall buildings or long-span bridges.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Based on constituent, the market can be segmented into:

• Cement
• Aggregates
• Admixtures

The segmentation of the market based on product type is as follows:

• Ready-mix/Pre-mix
• Precast
• On-site (Fresh Mixed)

The different applications of high-strength concrete include:

• Commercial
• Residential
• Infrastructure
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Growing Construction Sector to Boost the Growth of the High-Strength Concrete Industry

The rising application of high-strength concrete in the construction sector due to the rapid urbanisation and infrastructure development is driving the market growth. In addition to this, the rising investment in residential and commercial construction projects owing to the favourable government policies and increasing population is anticipated to augment the market growth in the forecast period. Moreover, the increasing inclination of engineers and architects towards construction materials with high strength and high thermal stability is likely to propel the demand for high-strength concrete in the forecast period.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Key Industry Players in the Global High-Strength Concrete Market

The report gives a detailed analysis of the following key players in the global high-strength concrete market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Holcim Ltd.
• Sika AG
• ACC Limited
• CEMEX S.A.B. de C.V.
• Clayton Block Co.
• Gulf Precast Concrete Co. LLC
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report