The latest research report by Emergen Research, named ‘Global Self-healing Concrete Market - Forecast to 2030’, entails a comprehensive review of the global Self-healing Concrete market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Self-healing Concrete industry, particularly the current COVID-19 scenario.
Global self-healing concrete market size reached USD 34.10 Billion in 2021 and is expected to register a revenue CAGR of 36.8% during the forecast period, according to latest analysis by Emergen Research. Rising demand for durable and sustainable infrastructure and increasing focus on reducing carbon footprint from construction activities is expected to support market revenue growth during 2022-2030.
In addition, rising innovation for self-healing construction materials has led to development of microencapsulation technology, which is expected to drive revenue growth of the market. In January 2019, researchers at the University of Cambridge developed microcapsules containing healing agents such as minerals, epoxy, or polyurethane added to building material such as concrete, which would facilitate self-repairing small cracks developing over time. These double emulsion microcapsules are produced with the help of microfluidics which offer much better control of particle size and composition than conventional emulsification polymerization techniques, thereby simplifying the investigation and optimization of particle properties.
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Furthermore, the report provides a comprehensive overview of the Self-healing Concrete Market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
Market Dynamics:
The report offers insightful information about the market dynamics of the Self-healing Concrete market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Self-healing Concrete market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Self-healing Concrete market.
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Self healing Concrete market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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Some Key Highlights From the Report
- Biotic segment revenue is expected to register a substantially rapid CAGR during the forecast period owing to increasing investment in research to develop bacteria-based self-healing properties in concrete.
- Capsule based segment is expected to register fastest revenue growth rate during the forecast period owing to increasing demand for microcapsules containing self-healing components embedded in the concrete.
- The market in Europe is expected to register a rapid revenue growth rate over the forecast period than other regional markets owing to robust presence of international and domestic enterprises providing self healing concrete products.
Some major companies in global market report include Green-Basilisk BV, Acciona Infraestructureas S.A., Avecom N.V., Comercializadora Espanola De Innovaciones Y Materiales, COWI A/S, Devan-Micropolis, Fescon Oy., CEMEX S.A.B. de C.V., Oscrete Construction Products, and GCP Applied Technologies Inc.
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Emergen Research has segmented global self-healing concrete market on the basis of type, technique, application, and region:
- Type Outlook (Revenue, USD Billion, Volume, Cubic Meters; 2019–2030)
- Abiotic
- Sodium Silicate Based
- Others
- Biotic
- Bacteria Based
- Fungus Based
- Technique Outlook (Revenue, USD Billion, Volume, Cubic Meters; 2019–2030)
- Intrinsic
- Capsule Based
- Vascular
- Application Outlook (Revenue, USD Billion, Volume, Cubic Meters; 2019–2030)
- Residential
- Industrial
- Commercial
- Civil Infrastructure
- Regional Outlook (Revenue, USD Billion, Volume, Cubic Meters; 2019–2030)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
- Abiotic
Unfolding the prime factors prompting global market growth:
- The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Self-healing Concrete market into a broad product spectrum.
- The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
- A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
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