About High Strength Concrete
High strength concretes are those which have compressive strength greater than 6,000 psi (Pound-force per square inch). High strength concretes are different than normal one as they have high resistance to the applied pressure. Growing infrastructural developments across the world are major factor for growth of the very market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global High Strength Concrete market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF SE [ Germany], CEMEX Group [Mexico], Sika Group [ Switzerland], Lafarge [France], ACC Ltd. [India], AfriSam [South Africa], Clayton Block Co Inc [United States] and Tarmac [United Kingdom] are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Quikrete Holdings, Inc [United States], U.S. Concrete, Inc [United States], Ultratech Cement [India], Sika AG [Switzerland] and U.S. Concrete, Inc [United States].
Segmentation Overview
AMA Research has segmented the market of Global High Strength Concrete market by Type (Ready-mix/Pre-mix, Precast and On-site (Fresh Mixed)), Application (Commercial, Residential, Infrastructure and Others) and Region.
On the basis of geography, the market of High Strength 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). North America region held largest market share in the year 2023.
Influencing Trend:
Rising Demand of High-Strength Lightweight Concrete and Growing Use of High Strength Concrete in Road and Bridge Construction
Market Growth Drivers:
Growing Construction Activities and Improved Long Term Performance and Reduced Maintenance, Repair and Operating cost
Challenges:
Need for Increased Quality Control to maintain Special Properties and Complexity Involved in Construction of Such Concretes
Restraints:
Premium Pricing of High Strength Concrete and Low Penetration in Emerging Countries
Opportunities:
Growing Infrastructural Developments in Emerging Countries and Increasing Use in Offshore Structures
Market Leaders and their expansionary development strategies
In October 2023, Quantum Materials LLC , a vertically integrated manufacturer of multifilament and monofilament yarns, elastomeric woven suspension fabrics and industrial textiles, has acquired Innegra Technologies’ portfolio of high-performance fibers and materials. Innegra will serve as a foundational product to support Quantum’s growth of technical and industrial textile solutions for the composites and textile markets.
In November 2021, Holcim introduced DYNAMax, the ultimate performance concrete, delivering high strength, durability and rigidity with design freedom and sustainability. The latest global concrete innovation coming out of Holcim’s R&D Center. Delivering high performance and design freedom in a sustainable way, DYNAMax is suitable for a broad range of applications, from complex infrastructure to high-rise buildings.
Key Target Audience
High Strength Concrete Manufacturers, Potential Investors, Governments Agencies, Beverage Manufacturing Companies, Research Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.