This “Rapid Strength Concrete Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Rapid Strength Concrete market can use for expanding their business in untapped market to increase their customer base.
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Rapid Strength Concrete Market Covers Manufacturers:
Scope of the Report:
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Key Market Trends:
Increasing Demand from the Airport Application
– Rapid strength concrete is highly used in the construction of airports, as they develop high strength within hours after pouring, unlike conventional pouring. They also accelerate construction, are easy to place, and provide significant time savings on construction sites.
– In airports, the application of rapid strength concrete can be found in runways, taxiways, airport aprons, terminal buildings, aircraft hangers, fire stations, and car parks, among few other applications. Furthermore, they are also used in pavement concrete repairs, as they are subject to damage by abrasion, impact, frost attack, subsidence, and cracking. Hence, they require fast setting concretes, which can provide immediate repairs.
– Globally, around USD 255 billion has been invested in new greenfield airport projects around the world. This, coupled with investments at existing airports in projects, such as new runways and terminal buildings, runway and terminal extensions, and miscellaneous ones, the expenditure in airport infrastructure projects is expected to cross USD 1 trillion by the next 40 years.
– All the aforementioned factors are expected to drive the global market, during the forecast period.
Europe to Dominate the Market
Growing investments in infrastructural projects, such as high-capacity transport infrastructure for passenger and freight transport, structural maintenance of the existing road, rail, and waterway networks, and revision in federal government energy policies to attract more private investment, have increased the consumption of rapid strength concrete in the recent years. In addition, growing need for structural maintenance of federal trunk road infrastructure, due to growing stresses and strains and increasing age of the road and bridge fabric, increase in investment to upgrade existing rail network, and rising necessity to replace physical structures on the federal waterways, is expected to increase the demand for rapid strength concrete. The United Kingdom is the third-largest economy in Europe, and registered the growth rate of 1.4% in 2018. The construction sector contributes to around 6% of the country’s GDP. To provide better infrastructure to the population across the country, the government had planned to invest 1-2% of GDP in infrastructure, between 2020 and 2050, as part of the National Productivity Investment Fund (NPIF). Italy is the fourth-largest economy in Europe. The country’s GDP grew about 0.9% in 2018. The construction sector of the country accounts for approximately 4.9% of the country´s GDP. This increase in construction activities is expected to increase the market for rapid strength concrete during the forecast period.
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Target Audience of Rapid Strength Concrete Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
Key Reasons to Rapid Strength Concrete Market Report:
- Analyzing various perspectives of the Rapid Strength Concrete market with the help of Porter’s five forces analysis
- The End User that is expected to dominate the Rapid Strength Concrete market is analyzed in detail
- The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Rapid Strength Concrete market.
- Identify the latest developments, market shares and strategies employed by the major market players.
- Regional analysis of Rapid Strength Concrete market studied, during the forecast period
- The segments that are expected to dominate the Rapid Strength Concrete market studied.
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