Self-Healing Concrete Market Research Report: Information, by Form (Intrinsic and Extrinsic), End-Use (Residential and Commercial, Industrial, Civil Infrastructure) and Region (North America, Asia-Pacific, Europe, and Rest of the World) - Global Forecast till 2024
The global self-healing concrete market is expected to witness sustainable growth during the forecast period. Self-healing concrete is a synthetically created form of concrete, which has the unique ability of automatically healing the damage and cracks.
The market of self-healing concrete is expected to drive the market during the forecast period owing to the increased demand for residential and commercial, industrial, and civil infrastructure. Self-healing concrete heals the cracks of the structure, minimizing the maintenance cost and enhancing the life of the structures. This benefit from the use of self-healing concrete is one of the reasons, confronting the market growth.
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Europe , to witness moderate increase in the self-healing concrete market during the forecast period
On the basis of region, the global self-healing concrete market has been segmented as North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Europe is expected to dominate the global market while North America and Asia-Pacific are expected to grow, significantly. Infrastructure upgrade, rising environmental concerns and the growing interest in energy saving & cost benefit construction, drive the Europe self-healing concrete market.
Extrinsic segment, to occupy larger share in the overall self-healing concrete market
On the basis of form, the market has been segmented as extrinsic and intrinsic. The extrinsic segment is further segmneted as capsule-based and vascular. The extrinsic segment is expected to have moderate growth rate during the forecast period, especially because of capsule-based self-healing. Capsule-based self-healing is capable of increasing the lifespan of the healing agents, controlling their releases into the matrix, and acting on multiple cracks simultaneously. Consumers prefer capsule-based self-healing because of the unique combination of properties, which make it very useful in the construction industry.
Civil Infrastructure Segment, to occupy a fairly large share of the overall self-healing concrete market
On the basis of end-use, the market has been segmented as residential and commercial, industrial, and civil Infrastructure. The civil infrastructure segment is expected to exhibit moderate growth rate during the period, 2019 – 2024. Th is attributed to the broad investment inflow in infrastructure structure, mainly the construction of dams, tunnels, and roads in developing and developed nations. Self-healing concrete is preferred for the costruction of civil infrastructure for enhancing the durability of the civil engineering structures, such as tunnels and bridges and minimizing the maintenance cost in the long run.
Scope of the Report:
This study provides an overview of the global self-healing concrete market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global self-healing concrete market by form, by end-use, and by region.
Residential and commercial
Rest of the World
The key players in the self-healing concrete market are Acciona, S.A. (Spain), Akzo Nobel N.V. (Netherlands), Basilisk (The Netherlands), Sika AG (Switzerland), Devan-Micropolis (Portugal), CEMEX S.A.B. de C.V. (Mexico), and Fescon (Finland).
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