The Global Ultra-high Performance Concrete (UHPC) Market is expected to proliferate at a CAGR of around 8.4% during 2020-25. The key reasons that can attributed to such considerable growth are growing construction of high-rise buildings in AsiaPacific and the Middle East, a growing demand for water management resources, expansion of nuclear power plants, and proliferating road networks with rising connectivity to remote locations through series of bridges. Moreover, growing refurbishment of buildings in Europe and North America is expected to catalyze the demand for Ultra-high Performance Concretes (UHPC). Owing to such massive developments, the market size is of UHPC is expected to increase to around USD 920 million by 2025.
According to the MarkNtel Advisors’ research report titled “Global Ultra-high Performance Concrete (UHPC) Market Analysis, 2020”, the Asia-Pacific region is set to dominate with the market share outperforming all other regions, on an account of greater residential skyline construction in countries such as China, India, Indonesia, Malaysia, etc., to accommodate the growing need of the population. Moreover, expansion of power and water resources infrastructure in these countries is expected to push the usage of Ultra-high Performance Concretes in the region.
With the growing demand from the Middle East, Europe, and North America, the margins of manufacturers are expected to witness an increase in the forthcoming years. The leading manufacturers of Ultra-high Performance Concrete (UHPC) in the global market include Lafargeholcim, CEMEX, ACC, SIKA, US Concrete, MC-Bauchemie Müller, Ultratech, Metalco, Densit, Ceentek, Elementbau Osthessen, Heidelbergcement, Gulf Precast Concrete Co., RAMPF Holding, etc. To maintain the competitive edge, these companies are exploring the opportunities in Super High-Performance Concrete with a considerably high compressive strength.
Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Ultra-High Performance Concrete Market?
2. What are the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Global Ultra-High Performance Concrete Market?
4. Who are the key competitors or market players and how they perform in Global Ultra-High Performance Concrete Market on the basis of competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Ultra-High Performance Concrete Market study?