Ultra-High Performance Concrete (UHPC) Market Overview, Growth, Demand and Forecast Report By 2025

Posted on 2019-08-27 by researchinsights in Construction // 0 Comments

27^th August 2019 – Global Ultra-High Performance Concrete (UHPC) Market is anticipated to reach USD 1.9 billion by 2025. The market is anticipated to grow at a healthy rate in the years to come. Ultra-high performance concrete (UHPC) implies an advanced cementitious material with the potential to be a viable solution to sustain the building and the other infrastructure. This is due to its versatile properties such as energy capacity, high strength, and durability as related to the other conventional concrete products. UHPC has been used for non-structural and structural precast components in several countries.

On the other hand, there are factors that may hamper the growth of the market such as high cost of UHPC material, and lack of design codes. The ultra-high performance concrete industry is anticipated to grow at the highest CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market may be explored by type, application, and geography.

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Ultra-high performance concrete market may be explored by product as Compact Reinforced Composite (CRC), Slurry-infiltrated Fibrous Concrete (SIFCON), Reactive Powder Concrete (RPC), and Others. The “Slurry infiltrated fiber concrete (SIFCON)” segment dominated the Ultra-High Performance Concrete (UHPC) industry in 2016 and is anticipated to maintain its dominance by 2025. Due to the ductile performance of SIFCON type, is used for pavement overlays.

Ultra-high performance concrete (UHPC) market may be explored by application as Building Construction, Roads & Bridge Construction, Anti-detonating Construction, Military Construction and Others. The “Roads & bridge construction” dominated the UHPC market in 2016 and is anticipated to maintain its dominance by 2025. In building construction, the UHPC could be used as a column, façade, and precast element. Furthermore, for the production of integrated machine parts, UHPC material is employed in the machinery sector that will eventually boost the market growth.

North America accounted for the major share of the ultra-high performance concrete market Size in 2016 and will continue to lead in the upcoming period. Some of the key players that fuel the growth of the ultra-high performance concrete (UHPC) industry comprise Sika AG, RAMPF Holding GmbH & Co. KG; Lafarge; Densit; ELO Beton; Gulf Precast Concrete Co. L.L.C; TAKTL; and ceEntek Pte Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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