self leveling concrete market growth rate, self leveling concrete market insights, self leveling concrete market share, self leveling concrete industry size, self leveling concrete market analysis, self leveling concrete market outlook
At what pace is the self-leveling concrete market growing, and what is its estimated value?
The self-leveling concrete market size has grown strongly in recent years. It will grow from $5.85 billion in 2024 to $6.24 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to rising construction activities, rising demand for commercial and residential infrastructures, rising labor shortages, rise in renovation and remodeling activities, and increasing labor costs.
The self-leveling concrete market size is expected to see strong growth in the next few years. It will grow to $8.02 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to the growing preference for renovation projects, rapid urbanization, rise in smart building solutions, increasing focus on aesthetic and high-performance flooring solutions, and growth in multi-family housing. Major trends in the forecast period include innovations in high-tech buildings, innovation in material composition, automated construction methods, innovative sustainable materials, and technological advancements.
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What are the top drivers to the rising demand in the self-leveling concrete market?
The growing construction industry is expected to propel the growth of the self-leveling concrete market going forward. The construction industry involves planning, designing, and building infrastructure and buildings, encompassing various residential, commercial, and industrial sectors. The construction industry is growing for several reasons, including urbanization and infrastructure development. Self-leveling concrete enhances the construction industry by providing a smooth, even surface quickly, reducing labor costs and project timelines. For instance, in November 2023, according to the Office for National Statistics, a UK-based independent producer of official statistics and national statistical institute, the construction industry experienced a 59.4% annual increase in company insolvencies in 2022, despite new orders rising by 11.4% to $ 105.85 billion (£80.8 billion). Therefore, the growing construction industry is driving the growth of the self-leveling concrete market.
How is the self-leveling concrete market segmented?
The self-leveling concrete market covered in this report is segmented –
1) By System Type: Underlayment System, Overlay System
2) By Surface: Concrete, Ceramic Tiles, Vinyl Composition Tiles, Wood
3) By Application: Residential, Commercial, Industrial, Infrastructure
4) By End-User Industry: Construction, Flooring, Repair And Renovation, Other End-User Industries
Subsegments:
1) By Underlayment System: Residential Flooring, Commercial Applications, Industrial Applications
2) Overlay System: Decorative Applications, Repair And Maintenance, High-Performance Floors
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Who are the top competitors in the self-leveling concrete market?
Major companies operating in the self-leveling concrete market are 3M Company, Holcim Ltd., CEMEX S.A.B. de C.V., Sika AG, Screwfix Direct Limited, Arcosa Inc., The Quikrete Companies Inc., Fosroc Limited, Ardex GmbH, Laticrete International Inc., Dayton Superior Corporation, Euclid Chemical Company, CTS Cement Manufacturing Corporation, Flowcrete Group Limited, TCC Materials LLC, Sakrete, MYK Schomburg GmbH, ACG Materials LLC, Durabond Products Limited, Collomix, Wagner Meters, Mapei S.p.A., Duraamen Engineered Products Inc., Edison Coatings Inc., Koster Bauchemie AG
How will emerging trends drive the self-leveling concrete market throughout the forecast period?
Major companies operating in the self-leveling concrete market are focusing on developing innovative solutions, such as the next generation of floor leveling compounds, to enhance performance, reduce installation time, and improve sustainability. Next-generation floor leveling compounds are designed to provide superior durability, faster curing times, and enhanced self-healing properties for improved performance and ease of use. For instance, in October 2022, Setcrete, a UK-based building materials company, launched Level-Smart, the next generation of floor leveling compounds designed to enhance flooring projects. It is a high-performance, fast-setting leveling compound designed for smoothing flooring screeds with old adhesive residues. Its innovative formulation allows for application over various subfloor types without prior priming or mechanical removal, saving time and costs. With a quick walk-on time of just 90 minutes and the ability to install new floor coverings in four hours, it is ideal for refurbishment projects under tight deadlines.
Which regional trends are influencing the self-leveling concrete market, and which area dominates the industry?
North America was the largest region in the self-leveling concrete market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the self-leveling concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Self-Leveling Concrete Market Report 2025 Offer?
The self-leveling concrete market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Self-leveling concrete is a specialized flooring material designed to flow and spread evenly across a surface. It fills in low spots and creates a smooth, level surface, often used as a base for flooring installations. Self-leveling concrete is commonly used to correct uneven or damaged floors, prepare subfloors for installing flooring materials, and create a level base in residential and commercial construction.
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