Dry Concrete Market Scope
Dry concrete helps in providing proper conditions to allow the concrete to attain moisture properly for its proposed use. The dry concrete mixture has a rational amount of water to start the cement hydration in the range of about 0.30 to 0.38 without the usage of any additional mixtures. Dry concrete benefits in many different ways like increasing production, increasing strength, reducing shrinkage, lowering the water permeability rate, fast curing rates, reduced construction costs, and reduction in the hydrostatic pressures. This dry concrete mix is majorly used for the construction of pavements, fence holes, sidewalks, and building foundations.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | PT. Petrojaya Boral Plasterboard (Indonesia), ACC Limited (India), Saint-Gobain (France), Eagle Materials (United States), Fletcher Building Limited (New Zealand), The Xella Group (Germany), Sodimate, Inc (United States), MEKA (Turkey), Dry Concrete (United States), Magicrete Building Solutions Pvt. Ltd. (India), Ash Grove Cement Company (United States), Lafarge Holcim (Switzerland), Apollo Inffratech Pvt. Ltd. (India), CRH (Ireland), Buzzi Unicem (Italy) and Cemex (Mexico) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are exploring new geographies and industries through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that European Vendors will contribute to the maximum growth of Global Dry Concrete market throughout the predicted period.
PT. Petrojaya Boral Plasterboard (Indonesia), ACC Limited (India), Saint-Gobain (France), Eagle Materials (United States), Fletcher Building Limited (New Zealand), The Xella Group (Germany), Sodimate, Inc (United States), MEKA (Turkey), Dry Concrete (United States), Magicrete Building Solutions Pvt. Ltd. (India), Ash Grove Cement Company (United States), Lafarge Holcim (Switzerland), Apollo Inffratech Pvt. Ltd. (India), CRH (Ireland), Buzzi Unicem (Italy) and Cemex (Mexico) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Promax India (India), Shope Concrete (United States), FP McCann Ltd (United Kingdom) and Beijing New Building Materials (China).
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 Dry Concrete market by Type , by Application (Buildings, Bridges, Sidewalks, Flooring and Others) and Region with country level break-up.
On the basis of geography, the market of Dry 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 2022.
Market Leaders and their expansionary development strategies
In August 2023, global building materials giant Cemex acquired Sika's concrete admixtures business in India. This acquisition strengthens Cemex's position in the Indian market and expands its product portfolio.
In July 2023, Indian cement giant ACC partnered with French construction materials company Saint-Gobain to develop and market sustainable dry concrete solutions in India. This collaboration focuses on reducing the environmental impact of concrete production.
Influencing Trend:
Rising Promotional Activities for the Use of Green Technology by the Regulatory Bodies in the Construction Sector are anticipated To Help In the Growth of the Global Dry Concrete Market and Increase In The Preference Of High-Quality Dry Concrete In-House Products At Low Prices In Comparison To Other Construction Materials Is Likely To Boost The Market Of Dry Concrete
Market Growth Drivers:
Increase in the Popularity of Dry Concrete in the Recent Years, Owing To an Expansion in the Construction Sector, Growing Priority for Interior Designs and Also For Preference of Low Weight Construction Materials Will Boost the Growth of Dry Concrete Market and Rapid Growth in the Population and Increase in Awareness about Dry Construction Materials Have Boosted Demand for These Materials across the Globe
Challenges:
The Fluctuating Costs of Raw Materials and Labour
Restraints:
High Disposal of Synthetic Material from the Waste of Dry Construction Such As Glass, Plastic, and Metal
Opportunities:
Growing Commercial and Industrial Construction Activities Is Expected To Steer the Demand for Dry Concrete Market Shortly, An increase in the Preference of Customers for Duration Construction Has Boosted the Demand for Dry Concrete and Rise in the New Product Development in Prefabrication of Dry Construction, Improvement in Dry Construction Technology
Key Target Audience
Manufacturers of Dry Concrete, Suppliers and Distributors of Dry Concrete, Cement Industry, Construction Industry, Regulatory Bodies and Governmental Bodies