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Self-compacting Concrete Market Global Industry Trends Analysis by 2024

Asia Pacific accounted for over 70% market share of the overall self-compacting concrete market in 2016. It is primarily due to instant industrial development, which is primarily due to growing population, which will propel the construction sector in Asia Pacific.

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Self-compacting Concrete Market Global Industry Trends Analysis by 2024

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  1. Self-compacting Concrete Market Outlook, Status & Forecast during 2019 - 2024 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Self-compacting Concrete Market Scenario: • Viscosity agent segment of self-compacting concrete market was valued at over USD 4.5 billion in 2016. In this category, the amount of powder used is comparatively lesser, which indicates a high water to powder proportion. It helps in altering the concrete form at minute level and enhances stability and viscosity. However, it is used less in comparison to combination design mix due to its futile prices and comparable performance. • Robust demand for self-compacting concrete in the U.S. due to the increased drilling activities, which can be attributed to the fast pace of the petroleum industry will drive self-compacting concrete market during the forecast period. For example, as per World Oil, there would be an increase of over 27% in exploration & production activities in the U.S. Additionally, there would be a hike in drilling wells, which will reach over 18,500 in 2017. • Rapidly rising price of raw materials, such as fibers, admixtures, etc., and restrictions to use these products in the construction sector may hamper the self-compacting concrete market by 2024. Nevertheless, low labor cost, enhanced appeal, and low productivity stress of the product will drive self-compacting concrete market. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • In terms of revenue, admixtures raw material segment accounted for approximately 50% of self-compacting concrete market in 2016. The contents of this admixture are hydrated lime, fly ash, slag, and silica fume. It also consists of chemical admixture that comprises viscosity adapting agents, superplasticizers, etc. These admixtures possess similar features as concrete and help in improving the concentration and strength of the common concrete, enhancing the concrete's overall performance. These trends are likely to make a prominent contribution to the self-compacting concrete market during the forecast period. • Drilled shafts application segment for self-compacting concrete market is anticipated to rise at a CAGR of over 4.5% by 2024. The product finds widespread applications across several end-user industries including infrastructure industry, construction, and petroleum, etc. The product is extensively used to avoid clogging due to coarse aggregates, which will lead to the isolation of concrete outside and inside the enclosure due to its improved workability as compared with the general drilled-shaft concrete. Request for a Sample Copy of this Report @https://www.gminsights.com/request-sample/detail/1717 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis: • Asia Pacific accounted for over 70% market share of the overall self-compacting concrete market in 2016. It is primarily due to instant industrial development, which is primarily due to growing population, which will propel the construction sector in Asia Pacific. The government is presently making regulations under structural reformation plans for the application of large projects to expand the total construction in the area that would positively affect the self-compacting concrete market during the forecast period. • Competitive Analysis: • Main self-compacting concrete market shareholders are BASF, Sika, Unibeton, Buzzi Unicem, CEMEX, Ultratech Cement, ACC, and Breedon. The aforementioned companies are involved in acquisitions, mergers, and joint venture activities to advance its occurrence in the trade. Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/1717 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Self-Compacting Concrete Market@ https://www.gminsights.com/industry-analysis/self-compacting-concrete-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/1717 Request for customization: https://www.gminsights.com/roc/1717 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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