The Rapid Strength Concrete Global Market Report 2023, provides comprehensive information on the rapid strength concrete market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Rapid Strength Concrete Global Market Report 2023, the global rapid strength concrete market size will grow from $249.17 billion in 2022 to $275.21 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global rapid strength concrete is expected to grow to $388.96 billion in 2027 at a CAGR of 9.0%.
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Technological advancements are the key trends gaining popularity in the rapid-strength concrete market. The companies operating in the rapid-strength concrete market are looking for new technologies to strengthen their position in the market. For instance, in September 2021, National Research Development Corporation, an-India based non-departmental government body, launched PolyCC, a fast setting and high Strength polymer concrete composite for Rapid Repair of Runways. The unsaturated polyester resin system serves as the foundation for the PolyCC. It is based on two different resin system types and is mostly used for quick repairs of runways, helipads, and bunkers. Due to the three-dimensional cross-linking of the resin, it achieves very strong compressive strength in less than two hours. Water is not at all necessary for the technology.
The rapid strength concrete market is segmented:
1) By Type: Under C30, C30-C60, Above C60
2) By Strength: 0 to 40 Mpa, 40 to 80 Mpa, Above 80 Mpa
3) By Application: Airport, Building Floor, Dockyard, Formed Work, Rail Network, Road or Bridge, Other Applications
Europe was the largest region in the rapid strength concrete market in 2022.
The table of contents in TBRC’s rapid strength concrete market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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