Dublin, Aug. 21, 2019 (GLOBE NEWSWIRE) -- The "Ultra-high Performance Concrete Market by application (Residential, Commercial, Infrastructural, and Others (healthcare, institutional, military, hospitality, and anti-detonating construction)), and Regions - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The Ultra-High Performance Concrete Market is 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
The global market for ultra-high performance concrete is growing due to the increase in construction activities, especially in the emerging Asia Pacific and South American regions. As a result, it is projected to witness considerable growth over the next five years. This growth can also be attributed to the rise in the number of renovation & remodeling activities, the increasing population & rapid urbanization, and the growing investments in the construction industry. However, the lack of awareness about ultra-high performance concrete in some under-developed and developing economies might pose a challenge for this market.
The segmentation considered for this market study is based on material, application, and region. Based on material, the ultra-high performance concrete is segmented into cement, admixtures, sand and quartz flour; and others. On the basis of application, the market has been segmented into infrastructure, residential, commercial, and others (healthcare, institutions, military, hospitality, and anti-detonating construction).
On the basis of key regions, the market for ultra-high performance concrete is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. The Asia Pacific region accounted for the largest share of about 33.5% among all regions, in 2018, in terms of value, owing to the presence of large construction industry in this region.
The global market for ultra-high performance concrete is dominated by large players such as LafargeHolcim (Switzerland), ACC Limited (India), Sika AG (Switzerland), Vicat (France), CEMEX (Mexico), TAKTL (US), and U.S. Concrete (US).
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Ultra-high Performance Concrete Market
4.2 Asia Pacific: Ultra-high Performance Concrete Market, By Application & Country
4.3 Ultra-high Performance Concrete Market, By Application
4.4 Ultra-high Performance Concrete Market, By Country
5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increase in Population and Rapid Urbanization Translating to a Large Number of New Construction Projects
5.1.1.2 Increasing Benefits of Ultra-high Performance Concrete
5.1.1.3 Growth in Infrastructure Investment and Industrialization
5.1.2 Restraints
5.1.2.1 Established Infrastructure in Developed Countries
5.1.2.2 Unstable Economics Cycle
5.1.3 Opportunities
5.1.3.1 Development of New Products and Services
5.1.4 Challenges
5.1.4.1 Lack of Awareness About UHPC
6 Ultra-high Performance Concrete Market, By Material
6.1 Introduction
6.2 Cement
6.3 Admixtures
6.4 Sand and Quartz Flour
6.5 Others
7 Ultra-high Performance Concrete Market, By Application
7.1 Introduction
7.2 Residential
7.2.1 Residential Application is Projected to Grow at the Highest Rate During the Forecast Period, in the UHPC Market
7.3 Infrastructure
7.3.1 The Increase in Public and Private Investments in the Infrastructural Sector is Fueling the Demand for Ultra-high Performance Concrete in Infrastructure Application
7.4 Commercial
7.4.1 The Commercial Segment is Projected to Record Moderate Growth Rate During the Forecast Period
7.5 Others
7.5.1 The Others Segment is Projected to Record the Lowest Growth Rate During the Forecast Period
8 Ultra-high Performance Concrete Market, By Region
8.1 Introduction
8.2 Asia Pacific
8.2.1 China
8.2.1.1 Chinese Ultra-high Performance Concrete Market to Grow at the Highest Rate By 2024
8.2.2 India
8.2.2.1 India to be the Second Highest-Growing Market for Ultra-high Performance Concrete Market in Asia Pacific
8.2.3 Australia
8.2.3.1 The Growth of the Residential & Infrastructure Construction Industry is Driving the Ultra-high Performance Concrete Market in Australia
8.2.4 Japan
8.2.4.1 The Demand for Sustainable and Earthquake-Resistant Buildings is Expected to Drive the Japanese Ultra-high Performance Concrete Market
8.2.5 South Korea
8.2.5.1 Infrastructure to Lead the South Korean Ultra-high Performance Concrete Market, in Terms of Application
8.2.6 Malaysia
8.2.6.1 Malaysia is Estimated to be the Third-Largest Market for Ultra-high Performance Concrete in Asia Pacific
8.2.7 Rest of Asia Pacific
8.2.7.1 Increasing Population, Changing Lifestyles and Developing Economic Conditions to Drive the Ultra-high Performance Concrete Market in the Rest of Asia Pacific
8.3 Europe
8.3.1 Germany
8.3.1.1 Germany is Projected to be the Largest Market for Ultra-high Performance Concrete Market in Europe Through 2024
8.3.2 Denmark
8.3.2.1 Increasing Awareness Regarding the Benefits of UHPC Will Drive the Demand for Ultra-high Performance Concrete Market in Denmark
8.3.3 Norway
8.3.3.1 Norway is Projected to Grow at the Second-Highest Rate in the UHPC Market, During the Forecast Period
8.3.4 UK
8.3.4.1 The UK is Projected to be the Third Fastest-Growing Market for Ultra-high Performance Concrete Market in Europe During the Forecast Period
8.3.5 France
8.3.5.1 France has Attracted Foreign Investors Due to Its Economic Dynamism, Industrial Hubs, High Labor Productivity, and the Presence of Big International Companies
8.3.6 Italy
8.3.6.1 Cost-Effective and Time-Saving Construction Methods Boost the Adoption and Growth of Ultra-high Performance Concrete in Italy
8.3.7 Russia
8.3.7.1 The Growth of the Russian UHPC Market is Supported By the Rising Demand for New Housing, Coupled With the Need for Time-Saving and Cost-Effective Construction Methods
8.3.8 Netherlands
8.3.8.1 Growing Residential Construction is Driving the UHPC Market in the Netherlands
8.3.9 Rest of Europe
8.3.9.1 Rest of Europe is Projected to Grow at a Moderate Rate During the Forecast Period
8.4 North America
8.4.1 US
8.4.1.1 The US to be the Largest Country-Level Market for Ultra-high Performance Concrete Market in North America
8.4.2 Canada
8.4.2.1 Growth in the Construction Industry to Boost the Demand for Ultra-high Performance Concrete in Canada
8.4.3 Mexico
8.4.3.1 Favorable Government Policies Support the Construction Industry, Which Is, in Turn, Driving the Mexican Ultra-high Performance Concrete Market Growth
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.1.1 The Growth of UHPC in Saudi Arabia is Driven By Their Usage in the Residential, Hospitality, and Retail Sectors
8.5.2 UAE
8.5.2.1 UAE to Account for the Second-Largest Share in the Middle East & Africa Ultra-high Performance Concrete Market Through 2024
8.5.3 Turkey
8.5.3.1 Growth of the Residential & Infrastructure Construction Industry to Boost the Demand for UHPC in Turkey
8.5.4 South Africa
8.5.4.1 Favourable Trade Policies and the Demand for Sustainable Buildings Drive the Ultra-high Performance Concrete Market in South Africa
8.5.5 Rest of the Middle East & Africa
8.5.5.1 Rest of Middle East & Africa Accounted for the Largest Share in the Middle East & Africa Ultra-high Performance Concrete Market in 2018
8.6 South America
8.6.1 Brazil
8.6.1.1 Brazil to Account for the Largest Share in the South American Ultra-high Performance Concrete Market
8.6.2 Argentina
8.6.2.1 Favourable Government Policies Support the Construction Industry, Which Is, in Turn, Driving the Argentina Ultra-high Performance Concrete Market Growth
8.6.3 Rest of South America
8.6.3.1 Rest of South America to Show Growth Prospects in the Demand for Ultra-high Performance Concrete Market
9 Competitive Landscape
9.1 Overview
9.2 Competitive Scenario
9.2.1 Mergers & Acquisitions
9.2.2 Expansions & Investments
9.2.3 Partnerships, Agreements, and Joint Ventures
9.3 Microquadrant for Ultra-high Performance Concrete Market Manufacturers
9.4 Ultra-high Performance Concrete Market: Competitive Leadership Mapping, 2018
9.4.1 Strength of Product Portfolios
9.4.2 Business Strategy Excellence
10 Company Profiles
10.1 Lafargeholcim
10.2 CEMEX S.A.B. De C.V.
10.3 ACC Limited
10.4 Vicat
10.5 Sika AG
10.6 U.S. Concrete, Inc.
10.7 MC-Bauchemie Mller GmbH & Co. Kg
10.8 Gulf Precast Concrete
10.9 Ceentek
10.10 TAKTL
10.11 Elementbau Osthessen GmbH & Co., ELO Kg
10.12 Metalco
10.13 Densit
10.14 Ultratech Cement Limited
10.15 Heidelberg Cement AG
10.16 Hi-Con
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