Impervious Concrete Market Scope
Impervious concrete is also called “hydrophobic” or water-resistant concrete since it does not allow water to pass through. This type of high-density concrete has very low porosity, thus reducing the flow of water through it. It is used in places where impermeability is a requirement in order to protect the ground. Impervious concrete is made up of asphalt which is water-resistant. The preparation involves adding special admixtures to standard concrete at the ready-mix plant that reacts with the water, cement, and aggregate to create a water-repelling composition. This technology offers a simpler and potentially faster and cheaper solution to waterproofing concrete structures.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Cementaid (Australia), Sika AG (Switzerland), Cemex (Mexico), LafargeHolcim Ltd (Switzerland), HeidelbergCement (Germany), CRH (Ireland), Buzzi Unicem (Italy), Cimpor (Portugal), Hejoassu Administracao SA (Brazil) and US Concrete (United States) |
CAGR | 20.3% |
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Impervious Concrete market throughout the predicted period.
Cementaid (Australia), Sika AG (Switzerland), Cemex (Mexico), LafargeHolcim Ltd (Switzerland), HeidelbergCement (Germany), CRH (Ireland), Buzzi Unicem (Italy), Cimpor (Portugal), Hejoassu Administracao SA (Brazil) and US Concrete (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Shanghai Jiangong Engineering Material (China) and Grupo Construya (Mexico).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Impervious Concrete market by Type , by Application (Petrol Stations, Chemical Installations, Water Storage Tanks, Canals and Others) and Region with country level break-up.
On the basis of application, Petrol Stations segment is dominating the market in the year 2023
On the basis of geography, the market of Impervious Concrete has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In September 2019,The Greater Hyderabad Municipal Corporation (GHMC) launched a pilot project ‘Pervious Concrete Road Pavement’ (PCRP) also known as permeable paving, pervious pavement, or porous pavement at the Katedan Sports Complex. The pavement length is 20 meters long and 6 meters wide
Influencing Trend:
Increase in demand for solutions
Market Growth Drivers:
Increase demand in
Challenges:
Lack of Awareness Regarding Impervious Concrete in Some Regions
Restraints:
Has Negative Environmental Impacts Such As Adequate Recharging Of Water Table
Opportunities:
Need to Reduce Pollution of Ground Water Will Increase Adoption for Road Construction and Increasing Demand for High Durability Concrete to Elongate Structure’s Service Life
Key Target Audience
Impervious Concrete Manufacturer, Impervious Concrete Traders/Distributors/Suppliers, Impervious Concrete Raw Material Supplier, Impervious Concrete End-Users, Downstream Vendors, Investors, Government Bodies & Associations and Others