Research Nester published a report titled “Self-Leveling Concrete Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global self-leveling concrete market in terms of market segmentation by type, surface, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global self-leveling concrete market is estimated to gather a substantial revenue by growing at a CAGR of ~5% during the forecast period, i.e., 2022 – 2031, ascribing to the increasing number of infrastructural activities worldwide related to the remodeling and restructuring of buildings. Along with this, rapid rise in industrialization across the globe, and growing adoption of self-leveling concrete for construction activities, including preparation of floor surfaces, are also expected to drive the growth of the market in the upcoming years.
The market is segmented by type, surface and end user. Based on surface, the vinyl composition tiles segment is anticipated to acquire the largest share during the forecast period on the back of the high use of this surface in construction ascribing to its excellent dimensional stability and superior impact-resistance. Additionally, by end user, the commercial segment is projected to grab the largest share over the forecast period attributing to these calating urbanization, coupled with surging construction of commercial complexes, such as office spaces and shopping malls.
Geographically, the global self-leveling concrete market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific is evaluated to witness noteworthy growth and grab the largest share in the market during the forecast period attributing to the rising number of smart city projects in the region. Moreover, the market in Europe is also assessed to acquire notable share over the forecast period ascribing to the increasing production of self-leveling concrete in Italy and Germany, and strong presence of major market players in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rising Number of Infrastructural Activities Around the World to Accelerate Market Growth
Owing to the rapidly rising urbanization and industrialization across the globe, the total number of construction and infrastructural activities are also increasing, which is giving rise to the usage of innovate materials such as self-leveling concrete. This can be credited to the ease of application and requirement of less labor for this type of concrete, which in turn is anticipated to drive market growth in the near future.
However, high price of raw materials used for producing the product is expected to operate as key restraint to the growth of the global self-leveling concrete market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global self-leveling concrete market which includes company profiling ofDurex Coverings, Inc., Sika AG, CEMEX S.A.B. de C.V., MAPEI SpA, Arcosa Inc., ARDEX GmbH, Duraamen Engineered Products Inc., Fosroc International Ltd., LafargeHolcim Ltd., RPM International Inc.,and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global self-leveling concrete market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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