Global Self-consolidating Concrete (SCC) Market: Overview
Self-consolidating or self-compacting concrete, also known as SCC, is a mix of concrete which has a moderate viscosity, high segregation resistance, high deformability, and low yield stress. Self-consolidating concrete is a highly fluid mix and has distinctive features such as it sets in the shape of the texture of the mold very closely, does not require tamping post pouring, is closely attached to self-levelling, and can easily flow through obstructions and the formwork. Moreover, pouring self-consolidating concrete is comparatively less labor intensive than conventional concrete mixes. Self-consolidating concrete helps in the removal of vibration related problems as it is designed for that purpose and is also the possible source for quality and technical control issues.
The self-consolidating concrete was developed almost 25 years ago and since then has been gaining prominence among architect and contractors in the emerging economies. Self-consolidating concrete is basically used in repairing and precast applications. Moreover, its use has also intensified in the construction sector. Self-consolidating concrete also has the ability to easily flow and settle in the most clogged crevices and yet to be reinforced areas completely based on self-weight. The above said feature is known for reducing the requirement for a vibration equipment and a significant labor force. As a result, it leads to a less time consuming and noise free construction environment. This type of concrete is also extensively used in countries in North America and Europe for construction related activities. The chief applications of self-consolidating concrete are likely to be infrastructure, residential, architectural, and precast concrete. Precast concrete is expected to gain traction across consumers. The other segments of the market are anticipated to be admixtures, aggregates, and cement.
The research report is a complete inspection of the growth trajectory based on the historical, current, and future prospects of the global self-consolidating concrete market. It provides an assessment of the dynamics that are anticipated to impact the growth of the market and the predominant trends have also been stated in the study. The study also presents a diverse viewpoint on the competitive landscape of the market through the value chain and Porter’s five forces analysis. The publication mentions the research and development projects, mergers and acquisitions, details on collaborations and licensing. The report delves into the marketing strategies, products, and shares of the key players operating in the global self-consolidating concrete market.
Global Self-consolidating Concrete (SCC) Market: Drivers and Restraints
The growth of the global self-consolidating concrete market can be attributed to the need for a non-vibrating process during laying the concrete, improvement in air quality, the decrease in the cost of MRO, and less adverse impact on the environment in the self-consolidating concrete based repair and construction activities. The market is also expected to be benefitted by the safety and health benefits of the concrete and improved performance and construction results. It also a feasible option for small and medium scale manufacturing companies as it has thin concrete sections, high design freedom, improved durability, easy placing, and fast construction.
The global self-consolidating concrete market is likely to be negatively affected by the high cost associated with its use in developing countries. However, this scenario is expected to drastically change in Asia Pacific owing to the development of advanced self-consolidating concrete.
Global Self-consolidating Concrete (SCC) Market: Regional Outlook
Region-wise, the market can be segmented into the Middle East and Africa, South America, Europe, North America, and Asia Pacific. Manufacturers can seek growth opportunities in Europe with the region recovering from an economic downturn and the growing construction sector in the region.
Companies Mentioned in the Report
Some of the companies operating in the market are Unibeton Ready Mix, UltraTech Cement Limited, Tarmac, Sika Group, Lafarge, Hope Construction Materials, Hong Leong Group, CEMEX Group, and BASF SE.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.