According to the recent study the ultra-high performance concrete market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 8% to 10% from 2023 to 2028. Growth in this market is primarily driven by demand for durable and high-strength concrete, increasing number of road and bridge constructions around the world, increasing residential, commercial, infrastructural construction; and remodelling maintenance activities.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in ultra-high performance concrete market by product type (slurry-infiltrated fibrous concrete (SIFCON), reactive powder concrete (RPC), and compact reinforced concrete (CRC)), application (road bridge construction, building construction, military construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Slurry-infiltrated fibrous concrete (SIFCON) market is expected to remain the largest segment during the forecast period.”
Based on product type, the ultra-high performance concrete market is segmented into slurry-infiltrated fibrous concrete (SIFCON), reactive powder concrete (RPC), and compact reinforced concrete (CRC). Lucintel forecasts that the slurry-infiltrated fibrous concrete (SIFCON) market is expected to remain the largest segment due to enhanced stability under dynamic, fatigue, and repetitive loading regimes due to its high strength and ductility.
“Within the ultra-high performance concrete market, the road bridge constructions segment is expected to remain the largest application”
Based on application the road bridge constructions segment is expected to witness the highest growth over the forecast period due to UHPC enables the construction of slender and light structural components of bridges without hampering the load-bearing capacity of the structure and it provides increased strength with a lower mass to strength ratio, thus resulting in economic saving.
“Asia pacific will dominate the ultra-high performance concrete market in near future”
APAC will remain the fastest growing region due to the need for retrofitting or rehabilitation of the older construction in the region, increasing number of new housing units, and huge investments in the infrastructural sector.
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Major players of ultra-high performance concrete market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Lafarge S.A., Sika AG, RAMPF Holding GmbH Co. KG, Densit, ceEntek Pte, Elementbau Osthessen GmbH Co., ELO KG, TAKTL, Gulf Precast Concrete are among the major ultra-high performance concrete providers.
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