According to IMARC Group’s latest report, titled “Self-Healing Concrete Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026,” the global self-healing concrete market exhibited strong growth during 2015-2020. Looking forward, the market is expected to continue its strong growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Self-healing concrete is an artificial building material that automatically mends cracks and damages. It contains a bacterium that produces limestone, which then expands to form a gel upon coming into contact with air and water to fill gaps. Self-healing concrete closes the cracks to safeguard the steel framework from any external impacts and reduces corrosion risk. This concrete is usually available in autonomic and autogenic self-healing variants. The autogenous cement utilizes moisture to ensure the healing process, whereas the autonomous cement uses tablets containing bacteria spores or additional healing agents. Consequently, it is used extensively for constructing industrial, residential, civil, and commercial infrastructures.
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Market Trends
Substantial growth in the construction industry worldwide primarily drives the market for self-healing concrete. Furthermore, the increasing demand for reliable, environment-friendly, and durable constructions also augmenting the market growth. Additionally, the extensive adoption of vascular-based healing technologies to construct modern buildings is further catalyzing the product demand. These technologies involve a network of tubes containing self-healing concrete that is passed through the building walls to reinforce the infrastructure. Moreover, the emergence of several product innovations, such as the development of capsule-based self-healing concrete, will continue to drive the market growth in the coming years.
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List of Key Companies Covered in this Market Report:
- BASF SE (ETR: BAS)
- Basilisk
- CEMEX S.A.B. de C.V. (NYSE: CX)
- GCP Applied Technologies Inc. (NYSE: GCP)
- Hycrete Inc. (Broadview Technologies Inc.)
- Kryton International Inc.
- Oscrete (Christeyns UK Ltd.)
- Penetron
- RPM International Inc. (NYSE: RPM)
- Sika AG (SWX: SIKA)
- Xypex Chemical Corporation.
The report has segmented the market on the basis of form, application and geography.
Breakup by Form:
- Intrinsic
- Capsule Based
- Vascular
Breakup by Application:
- Residential
- Industrial
- Commercial
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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