According to Research for Markets, the Global Self Leveling Concrete market is expected to grow from $4.81 billion in 2016 to reach $7.34 billion by 2023 with a CAGR of 6.2%. Increasing construction activities, cost efficient methods of self leveling concrete, and raising demand from emerging countries are some of the major factors bolstering the market growth. In addition, rapid urbanization in developing economies, growing refurbishing old constructions are some of other factors propelling the market growth during the forecast period. However, low adoption rate among end users, high raw material prices are the restraints limiting the market growth.
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Underlayment is projected to witness high growth rate between the concrete types during the forecast period. The growth is attributed to increasing industrialization, raising government spending on public infrastructural activities are expected to fuel the underlayment segment growth. The commercial end user segment leads the market globally with the biggest market share and is expected to grow with a high CAGR during the forecast period due to increasing adoption from aviation & transportation, manufacturing, retail, and science and technology institutions among the regions.
By region, Europe is commanding the market with largest market revenue during the forecast period. Increasing renovation activities of old constructions, increasing adoption of self-leveling concrete in Germany and Italy are assisting the Europe market growth. Asia Pacific is projected to register high growth rate during the forecast period. The growth is attributed to increasing government initiatives to develop public infrastructure, and rapid urbanization in emerging countries such as India and Japan are favoring the market growth in Asia Pacific region.
Some of the key players in global self-leveling concrete market include Ardex Group, Arkema Group, CTS Cement, Dayton Superior Corporation, Duraamen Engineered Products, Inc., Durabond Products Limited, Durex Coverings, Inc., Edison Coating, Inc., Flowcrete, Fosroc, Harricrete Ltd., Lafargeholcim, Laticrete International, Inc., Mapei S.P.A, Saint-Gobain S.A., Sakrete, TCC Materials, The Quikrete Companies, and W. R. Meadows, Inc.
Concrete Types Covered:
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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