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CAGRU.S. Self-levelling Concrete Market, By Type (Underlayment and Topping), Application (Residential Building and Commercial Building), Industry Trends and Forecast to 2028.
Market Analysis and Insights of U.S. Self-levelling Concrete Market
Data Bridge Market Research analyses that the self-leveling concrete market will witness a CAGR of 5.00% for the forecast period of 2021-2028. Growth in the demand for self-leveling concrete especially in developed economies such as U.S., growing use of self-leveling concrete for a wide range of end user applications, growing awareness about the limited or no usage of vibration process, and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the self-leveling concrete market. Therefore, the market value, which was USD 810 million in 2020, would stand tall by USD 1,196.738 million by 2028.
From the name itself, it is clear that self-levelling concrete is polymer-modified cement that does not require greater amount of water for the final placement. Self- levelling concrete doesn’t consumer much time for placement and is used over smooth flat surfaces with very high compressive strengths. It is majorly used in the underlayment and toppings of buildings.
Rising demand for self-leveling concrete owing to the rising construction of residential buildings is the root cause fuelling up the market growth rate. Rising product demand from the commercial sector, surging demand owing to the growing awareness about its benefits such as good flow, ease of handling, strong adhesion, and excellent finish and growth and expansion of construction industry will also directly and positively impact the growth rate of the market. Growing focus on product innovations will further carve the way for the growth of the market.
However, insufficiency in raw material supply owing to the lockdown and fluctuations in their prices will pose a major challenge to the growth of the market. Unfavourable conditions arising due to the COVID-19 outbreak will dampen the market growth rate. High cost of self-levelling concrete compared to traditional concrete will also impede the market growth rate.
This self-leveling 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 localised 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, geographical expansions, technological innovations in the market. To gain more info on self-leveling 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.
U.S. Self-levelling Concrete Market Scope and Market Size
The self-leveling concrete market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the self-leveling concrete market is segmented into underlayment and topping.
- On the basis of application method, the self-leveling concrete market is segmented into residential building and commercial building.
Competitive Landscape and U.S. Self-levelling Concrete Market Share Analysis
The self-leveling 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 self-leveling concrete market.
The major players covered in the self-leveling concrete market report are Ardex Group, Duraamen Engineered Products, Inc., Flowcrete, KÖSTER BAUCHEMIE AG., LATICRETE International, Inc., MAPEI S.p.A., The QUIKRETE Companies., HOLCIM, Sika AG, USG Corporation, Arkema, CTS Cement Manufacturing Corporation., Dayton Superior Corporation., Edison Coatings, Inc., GCT Gulf Concrete Technology, Saint-Gobain, Sakrete., TCC Materials and W. R. Meadows, Inc. among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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