Ultra High Performance Concrete Market Segmentation:
By Product (Reactive Powder Concrete, Slurry-infiltrated Fibrous Concrete, Compact Reinforced Composite, Others); By Application (Building Construction, Roads & Bridge Construction, Military Construction, Anti-Detonating Construction); By Region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa); End-use Landscape; Vendor Landscape and Competitive Landscape
Ultra High Performance Concrete Market Insights
The global ultra-high performance concrete market is anticipated to grow at a significant CAGR by 2025. The market is likely to be driven by growing demand from the construction industry. Ultra-high performance concrete is an advanced cementitious material, which possesses the potential to enhance the sustainability of architecture. Increased R & D activities are further likely to propel the market growth over the forecast period.
Excellent durability of UHPC reduces the overall maintenance costs and ensures the longevity of structures. Factors such as heat resistance, impermeability to water and surface behaviors make it ideal for use in high strength applications. The above mentioned factors are likely to fuel the market growth over the coming years.
Ultra High Performance Concrete Market: Product Insights
The global ultra high performance concrete market is segmented into Reactive Powder Concrete, Slurry-infiltrated Fibrous Concrete, and Compact Reinforced Composite (CRC) among others, based on products.
Slurry-infiltrated fibrous concrete (SIFCON) is a kind of concrete with high-fiber content. The slurry-based matrix of SIFCON allows the fine particles to infiltrate the fiber network, in turn increasing its strength. It finds its application where there is high resistance to impact and high ductility.
Reactive powder concrete (RPC) segment is likely to experience highest growth rate over the coming years. The material has wide potential and is a strong, durable, and eco-friendly substitute to existing products. The material retains lower permeability, which enables its usage in high strength applications. These factors together are projected to propel the growth of this segment over the forecast period.
CRC is a special form of ultra-high performance concrete, which makes use of a combination of strong fibers that are short and stiff to attain ductility. CRC type offers designers and builders a wide range of design coupled with cost-effective solutions. Such factors are projected to augment the segment growth over the forecast period.
Ultra High Performance Concrete Market: Application Insights
Based on application, the global ultra-high performance concrete market is divided into Roads & Bridge Construction, Building Construction, Military Construction, and Anti-detonating Construction.
Roads & bridge construction application segment accounted for the largest market share in 2016 and is further projected to ascend at a high growth rate over the coming years.
The building construction segment is also predicted to account for a significant market share over the coming years. In addition, these materials can also be used in the machinery industry to produce integrated machine parts, which in turn is projected to foster the market growth.
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Ultra High Performance Concrete Market: Regional Insights
The market in North America is projected to register the highest growth rate over the coming years due to the presence of major industry participants in the region. Asia Pacific is also anticipated to experience high growth rate over the forecast period. Increasing demand from countries such as South Korea, Japan, and China coupled with the emerging opportunities from countries such as India are likely to contribute to the market growth of this region.
Ultra High Performance Concrete Market: End-Use Landscape
The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from the global ultra-high performance concrete market. The major consumers of the product are Skanska, Kiewit, and Bechtel.
Ultra High Performance Concrete Market: Competitive Landscape
Major companies listed in the global ultra-high performance concrete market include Densit; ceEntek Pte Ltd.; ELO Beton; Lafarge; Sika AG, RAMPF Holding GmbH & Co. KG; TAKTL; and Gulf Precast Concrete Co. L.L.C among others.
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