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The market for very high-performance concrete is expected

The market for very high-performance concrete is expected

Very high performance concrete

The global ultra-high-strength concrete (Ultrahochleistungsbeton) market is estimated to reach a global market valuation of approximately USD 412.0 million in 2022. The market is projected to grow at a compound annual growth rate of 7.2% during 2022-2031 and is likely to reach a value of USD 770.3 million by 2031.

Ultra-high-performance concrete (UHPC) has seen significant growth due to the rise in environmentally friendly construction techniques, as well as the inherent durability and environmental friendliness of UHPC. The potential of UHPC to increase the durability of structures and reduce their environmental impact is becoming increasingly recognized.

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Global Ultra High Performance Concrete Market: Key Players

A few large companies control the majority of the market share of ultra-high-performance concrete worldwide. According to the latest ultra-high-performance concrete market forecast, companies around the world are spending a lot of money on extensive research and development projects, mainly to produce environmentally friendly goods. These companies are deliberately cooperating to speed up product development and increase sales.

The commercialization of ultra-high-strength concrete has led to an increase in market revenues, which in turn has prompted large companies to increase production in underdeveloped regions, especially in developing countries.

Leading global companies include Lafarge, Vicat, CEMEX SAB de CV, ACC Limited, TAKTL, Sika Canada, ceEntek, Gulf Precast, CHRYSO UK Limited, Cor-Tuf, Freyssinet Limited and Hi-Con.

Here are some of the achievements of the main players in the global ultra-high-strength concrete market:

In 2022, researchers at the Indian Institute of Technology in Hyderabad developed a low-cost version of ultra-strong fiber-reinforced concrete (UHPFRC) that can be used to build infrastructure projects such as bridges.

In 2022, ceEntek received funding from the Real Tech Fund, managed by Real Tech Holdings Co., Ltd., to develop ultra-high-strength carbon nanofiber concrete. In the near future, ceEntek is expected to play a significant role in reducing carbon dioxide emissions associated with the construction sector, focusing on creating stronger and more sustainable infrastructure.

Structures made from this material are guaranteed to withstand the test of time as well as environmental stresses thanks to the exceptional mechanical properties of UHPC, which include high compressive and tensile strength. Reducing the frequency of replacements and repairs results in less waste production and material consumption, which is in line with sustainability goals and reduces the carbon footprint of various construction projects.

Key findings of the market report

In addition to its mechanical properties, UHPC also has other advantages.
Its ability to reduce maintenance costs and extend the life of structures aligns with the sustainable development goals of developing countries.

UHPC technology enables faster construction and improved aesthetics, which speeds project implementation and increases the overall aesthetic appeal of the urban landscape.
The high-carbon steel category is expected to have the largest share in terms of fibre type during the forecast period.

In 2022, the Asia-Pacific region held a significant share of the ultra-high-performance concrete (béton à ultra hautes performance) market worldwide.
Market Trends for Ultra High Strength Concrete

The high-carbon steel category is expected to account for the largest share in terms of fiber type over the forecast period. High-carbon steel fibers significantly increase the flexibility and load-bearing capacity of UHPC structures and provide extraordinary tensile strength, making them a highly desirable material in key infrastructure projects.

Ultra-high-performance concrete (UHPC) has recently gained a lot of popularity due to its durability and environmental friendliness. People are becoming increasingly aware of the potential of UHPC to extend the life of structures and reduce their environmental impact.

A structure made of UHPC will be able to withstand time and environmental stress thanks to its extraordinary mechanical properties, which include high compressive and tensile strength. In line with sustainability goals, the reduced need for regular replacement and repair results in less material consumption and waste production, which lowers the carbon footprint of construction projects.

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Regional Ultra High Performance Concrete Market Outlook

In 2022, Asia Pacific accounted for a significant share of the global ultra-high-performance concrete market. The region is expected to dominate the international market throughout the forecast period, as per research on the ultra-high-performance concrete sector. The demand in the Asia Pacific market is being boosted by the growth in construction projects in India and China.

Another desirable location for ultra-high-performance concrete is North America. The ultra-high-performance concrete market in the United States is driven by increased spending on infrastructure development, as well as construction and building projects.

During the forecast period, increased infrastructure development activity in Europe, particularly in Spain, Germany and Denmark, is expected to drive market growth.

Global Ultra High Performance Concrete Market Segmentation

Fiber Type

High carbon steel
PVA
Glass
Coal
Others

App

Wall and ceiling
Flooring
Dome and pillar
Pavement
Others

End use

Residential
Commercial
Industrial
Others

Region

North America
Europe
Asia and Pacific
Middle East and Africa
South America

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