Indore Online Journal

Ultra-high Performance Concrete Market Growing at a CAGR 8.3% | Key Player LafargeHolcim, ACC Limited, Sika AG, Vicat

 Breaking News
  • No posts were found

Ultra-high Performance Concrete Market Growing at a CAGR 8.3% | Key Player LafargeHolcim, ACC Limited, Sika AG, Vicat

May 29
18:55 2020
Ultra-high Performance Concrete Market Growing at a CAGR 8.3% | Key Player LafargeHolcim, ACC Limited, Sika AG, Vicat

Browse 81 market data Tables and 30 Figures spread through 123 Pages and in-depth TOC on “Ultra-high Performance Concrete Market”
Ultra-high Performance Concrete Market by application (Residential, Commercial, Infrastructural, and Others (healthcare, institutional, military, hospitality, and anti-detonating construction)), and Regions

The ultra-high performance concrete market projected to grow from USD 369 million in 2019 to USD 550 million by 2024, at a CAGR of 8.3% from 2019 to 2024. It is expected to grow in accordance with the growth of the construction industry across the globe. Factors such as the increase in the infrastructural and residential construction and innovation, along with the demand for durable construction material with the ability to withstand extreme weather and resist chemical attacks & deterioration, are expected to support market growth during the forecast period.

Download PDF Brochure:

The infrastructural segment held the largest market share among all the application segments of the ultra-high performance concrete market, as ultra-high performance concrete offers new opportunities for infrastructural works, building constructions, and many niche markets.  However, UHPC, as an outstanding technology, has been struggling to become a main-stream technology for everyday use due to the lack of design codes and the initial high investment costs involved in constructing manufacturing facilities.

The ultra-high performance concrete market is widely accepted in residential high-rise buildings, owing to various advantages offered, which include durability, high strength, and protection from extreme weather conditions. The growth of the ultra-high performance concrete (UHPC) market is largely associated with the growth in the residential applications in the construction industry. The construction industry is expected to push the concrete industry to new altitudes, which, in turn, will help the construction market achieve greater revenues and volumes in the near future, which will drive the demand for UHPC at a significant pace.

The Asia Pacific region is projected to grow at the highest rate in the ultra-high performance concrete (UHPC) market, in terms of both value and volume, from 2019 to 2024. Factors such as the increasing number of new housing units and huge investments in the infrastructural sector are expected to drive the UHPC market. Also, the increasing demand in China, Japan, Malaysia, South Korea, and other countries, due to the tremendous growth of construction opportunities in these countries, has also driven the market for UHPC.

Many large players dominate the ultra-high performance concrete market. Some of the players include  LafargeHolcim (Switzerland), Cemex S.A.B. de C.V. (Mexico), ACC Limited (India), Vicat (France), Sika AG (Switzerland), U.S. Concrete, Inc. (US), MC-Bauchemie Müller GmbH & Co. KG (Germany), Gulf Precast Concrete (UAE), Ceentek (Singapore), TAKTL (US), and Elementbau Osthessen GmbH & Co., ELO KG (Germany). These players have adopted various growth strategies, such as mergers & acquisitions, expansions, investments and divestitures, partnerships, agreements, and joint ventures, to increase their market presence and enhance their product portfolios.

Request for sample report:

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States