Ultra-High Performance Concrete –Strategic Analysis Challenges.
Ultra-High Performance Concrete (UHPC) has strong structures with high compressive strength due to which it is extensively used in the construction industry. It is a type of concrete with a compressive strength above 150 megapascals (MPa). It derives with required tensile ductility, toughness, and specified durability. To attain these requirements, fiber is used in the mixture. Due to the low cost of ultra-high performance concrete, it is preferred over conventional concrete coatings. In ultra-high performance concrete, water to binder ratio is commonly below 0.25.
Request SAMPLE:
Data Bridge Market Research analyses that the ultra-high performance concrete market was valued at USD 425.63 million in 2021 and is expected to reach USD 753.47 million by 2029, registering a CAGR of 7.40 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Ultra-High-Performance Concrete (UHPC) is a material made of concrete and cement materials that have some properties such as very high strength, energy capacity, flexibility, and durability. Due to these factors, this material is advantageous in several construction projects associated with other concrete products. It is also known as reactive powder concrete (RPC), which can improve the sustainability of buildings and other infrastructures. Due to its brilliant performance in explosive conditions, under shock and impact loads, these are the best choice for use in constituents and panels.
COVID-19 Impact on Ultra-High Performance Concrete Market
Ultra-high-performance concrete market affected drastically during COVID-19 pandemic because the demand of ultra-high-performance concrete from several industries decreased mostly from the construction sector. Due to the imposed lockdown, the imports and exports of the construction materials are ceased. The transportation services are banned globally, affecting the trade of construction materials. Therefore, the supply and demand for these materials are halted. But after lifting the lockdown, the ultra-high performance concrete market growth increases due to the increase for its multiple benefits in several industries.
Recent Development
- In June 2019, Lafargeholicm Company accomplished to expansion of their La, union Philippines factory. This company enhances their manufacturing capacity.
- In March 2019, Cemex ventures announced their partnership with Tefken ventures. The target of this partnership was to foster a wave of innovative model with stakeholders of construction industry.
Access Full Report :
https://www.databridgemarketresearch.com/reports/global-ultra-high-performance-concrete-market
Global Ultra-High Performance Concrete Market Scope
The ultra-high performance concrete market is segmented on the basis of material, products, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Cement
- Admixtures
- Sand and Quartz Flour
- Others
Product
- Slurry-infiltrated Fibrous Concrete (SIFCON)
- Reactive Powder Concrete (RPC)
- Compact Reinforced Composite (CRC)
- Others
Application
- Residential
- Infrastructure
- Commercial
- Others
End-user
- Construction Industry
- Marine Industry
Competitive Landscape and Ultra-High Performance Concrete Market Share Analysis
The ultra-high performance concrete market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ultra-high performance concrete market.
Some of the major players operating in the ultra-high performance concrete market are:
- LafargeHolcim (Switzerland)
- ACC Limited (India)
- Sika AG (Switzerland)
- Vicat (France)
- U.S. Concrete (US)
- CEMEX (Mexico)
- TAKTL (US)
- Gulf precast concrete (UAE)
- MC-Bauchemie (Germany)
- Ceentek (Singapore)
- Elementbau Osthessen GmbH & Co (Germany)
- ELO KG (Germany)
- Hi-Con (India)
- Metalco SRL (India)
Ultra-High Performance Concrete Market Regional Analysis/Insights
The ultra-high performance concrete market is analysed and market size insights and trends are provided by country, material, products, application and end-user as referenced above.
The countries covered in the ultra-high performance concrete market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the ultra-high performance concrete market in terms of residential and infrastructural construction sector and will continue to flourish its dominance during the forecast period of 2022 to 2029. This is due to the rising demand for ultra-high performance concrete in this region. The Asia-Pacific region dominates the ultra-high performance concrete market, with China leading the way due to the need for retrofitting or rehabilitation and new construction, and of the older construction in this region. Due to this China is leading the Asia-Pacific market.
North America is expected to be the fastest developing region due to the rising demand of retrofitting or rehabilitation and new construction in residential and infrastructural construction sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
To Check the Complete Table of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-ultra-high-performance-concrete-market
Ultra-high Performance Concrete Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increase the demand of new construction projects
Due to improvement in macroeconomic conditions increase the demand for new construction projects globally. Strong growth has been witnessed in housing projects and new residential. Also, the demand for concrete with better durability, sustainability, superior quality higher compressive strength, and reduced weight is anticipated to drive the growth of the ultra-high performance concrete market
- Rise in demand for non-residential and non-commercial construction
The demand for ultra-high performance concrete is mainly driven by increased demand for non-residential and non-commercial construction. Public-private organizations (PPPs) are also driving the growth of this section, which is driving the demand for several grades of ultra-high performance concrete in infrastructure projects.
- Increase application in construction and infrastructure
Construction of road and bridge dominate the market of ultra-high performance concrete and is expected to ascend at a high growth rate over the forecast period. UHPC can be used as a column, structural precast element, and facade in building construction. Furthermore, this material is also used in the machinery industry to produce integrated machine parts, which in turn is anticipated to fuel the market growth.
Opportunities
- Development of new products and services
Due to Increasing the urbanization globally which leads to the increase the number of prevalence of high performance material, construction activities, rising funds for the development of industrialisation and infrastructure are few factors which will expected to increase the growth of the ultra-high performance concrete market during forecast period
- Increase the adoption of advance services
Adoption of advanced and new services and products which will also increase several opportunities which will lead the market growth of the ultra-high performance concrete in the forecast period.
Restraints/ Challenges
However, ultra-high performance concrete easy tear and wear-out properties will hinder the ultra-high performance concrete market growth rate. The negative impact of COVID-19 outbreak on supply chain and high cost of associated with the establishment of manufacturing facilities will act as market restraint and further challenge the market growth rate. Non-availability of handle support in ultra-high performance concrete and inability to carry heavy goods are the major market restraints that will obstruct the market's growth rate.
This ultra-high performance concrete market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ultra-high performance concrete market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Browse More Reports
https://www.databridgemarketresearch.com/reports/global-concrete-cooling-market
https://www.databridgemarketresearch.com/reports/global-polymer-concrete-market
https://www.databridgemarketresearch.com/reports/global-ready-mix-concrete-market
About Data Bridge Market Research:
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
.jpg)
Comments
Post a Comment