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Rapid Strength Concrete Market Future Trends & Demand Analysis by Regional Players to 2024

Author : Rahul Varpe | Published Date : 2019-11-08 

The Rapid Strength Concrete Market Research Report contains complete Industry outlook, market manufacturers and key statistics analysis. The industry sales & Share, trends are all discussed, explained and analyzed. It provides marketing strategy analysis, distributors/traders list, raw materials analysis, import and export analysis, Key success factors and Supply Chain Analysis.

Many governmental bodies have been focusing on the improvement of internal mobility facilities, on the grounds of which they have been launching new projects for constructing freeways and highways. The California Department of Transportation in 2015, for example, launched one of the largest slab replacement projects in North America that required precast concrete pavement slabs for rapid highway constructions. Thus, the increasing number of state road construction projects across North America will push the regional rapid strength concrete industry share. As per estimates, North America rapid strength concrete market size has been projected to register a CAGR of more than 5% over 2017-2024.

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The deployment of rapid strength concrete, incidentally has helped numerous construction companies reduce their capital expenditure. For instance, one the UK based highway management company, Kier Highways, merely a year ago, successfully saved around GBP 35 million from the government allotted budget in a single project with the use of rapid strength concrete. Using the material for highway repair enabled Kier to prevent lane closure, since the concrete possessed the ability to dry faster, enabling the construction crew to complete the work much more quickly than it would have taken otherwise.

At present, sustainability is becoming more and more important in the designing and construction of transportation infrastructure. Notable players in rapid strength concrete market have been continuously working on R&D programs to minimize the impact of concrete on the environment with the development of next-generation sustainable cement.

Rapid Strength Concrete Market by Application

  1. Roads/bridges construction
  2. Building/floors (residential, industrial and commercial)
  3. Tunnels construction
  4. Airfield construction
  5. Highway construction
  6. Others

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With the soaring annual prices of construction material, cement manufacturers have also been adopting several business strategies to strengthen their business position by manufacturing affordable construction materials. Indeed, the shifting trends toward development of low cost, eco-friendly, and high-performance cement are certain to extensively impact the revenue graph of rapid strength concrete market, which is slated to remain exponential over the years ahead.

The prominent rapid strength concrete market share contributors are Aggregate Industries, Bostik, Boral Limited, CEMEX, Tarmac, Sakrete, Short Load, Perimeter Concrete Ltd, Sika Corporation, BASF, Westbuild Group, Perimeter Concrete, CTS Cements, Evecrete India, Holcim Ltd.and Instarmac.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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