Stratview Research has published a new report on the Ultra-high-Performance Concrete Market, segmented by Material Type (Cement, Admixtures, Sand and Quartz Flour, and Others), by Application Type (Residential, Commercial, Infrastructural, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World). This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global artificial intelligence as a service market.
Ultra-high-performance concrete market is likely to witness an impressive CAGR of 8.1% during the forecast period. The growing demand for ultra-high-performance concrete is mainly due to high growth of construction activities across the world. The increasing number of commercial, residential and infrastructural assets worldwide is driving the market.
Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.
This report studies the Ultra-high-Performance Concrete Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
Based on the application type, the ultra-high-performance concrete market is segmented as residential, commercial, infrastructural, and others (healthcare, institutional, military, hospitality, and anti-detonating construction). The infrastructural segment dominated the market in 2020, and is likely to lead the market during the forecast period. On the other hand, the residential segment is estimated to be the fastest-growing segment during the forecast period. The need for concrete with superior quality, higher compressive strength, durability, and reduced weight is expected to drive the market.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing ultra-high-performance concrete market during the forecast period. The market is driven by the extensive growth of construction industry in developing countries and huge investments made for building and rehabilitation of existing infrastructure, and the increasing units of new housing projects. All these factors are driving the growth of the ultra-high-performance concrete market in the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Following are the key players in the Ultra-high-Performance Concrete Market:
· LafargeHolcim Ltd
· ACC Limited
· Sika AG
· Vicat SA
· U.S. Concrete, Inc.
· CEMEX S.A.B. de C.V.
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