Self-Levelling Concrete Market Share, Growth and Future Analysis

1. Self-Levelling Concrete Market Share, Growth and Future Scope 1 ©P&SIntelligence.Allrightsreserved

2. As the population and migration rate to urban areas are increasing swiftly, the demand for commercial and residential spaces for accommodating people is growing as well. Because of this, the construction industry all across the globe is witnessing substantial growth. Furthermore, the disposable income of people has been increasing because of strong economic growth, primarily in developing nations, which is why people are investing more in construction projects. In 2018, the total construction expenditure in the U.S. alone was over $1.29 trillion. As concrete is a major product required on construction sites, its demand is also rising due to all these factors. Download report sample at: https://www.psmarketresearch.com/market-analysis/self-levelling- concrete-market/report-sample The conventional methods of pouring concrete on a surface and then levelling it, however, lead to excessive consumption of water and are labor intensive. Attributed to this, the demand for self-levelling concrete, which is a high- performance polymer modified concrete, is rising in the construction industry. This concrete possesses the ability to compact, flow, and provide a levelled surface after being poured over an area. Stability, low plastic viscosity, low bleeding, high flowability, and low segregation are some of the properties of self- levelling concrete. It is due to these attributed that the demand for self-levelling concrete is growing. According to a P&S Intelligence report, the global self-levelling concrete market is projected to generate a revenue of $6,726.3 million by 2030, rising from $5,000.3 million in 2017, progressing at a 5.1% CAGR during the forecast period (2018–2023). Toppings and underlayment are the two types of self-levelling concrete. The demand for underlayment type was higher in the past, which is owing to the extensive utilization of this concrete for levelling concrete subfloors in interior applications, in both commercial and residential buildings. In addition to this, underlayments aid in minimizing surface imperfections and irregularities, which is why their demand is further predicted to grow in the coming years as well. Between commercial and residential applications of self-levelling concrete, its demand was higher in the commercial sector. This is because of the rising demand for renovation of several commercial buildings and increase in funding for civil engineering projects by governments of different countries. Furthermore, the demand for self-levelling concrete is growing from different commercial facilities, such as retail stores, educational institutions, and hospitals all across the globe. Europe has been the largest self-levelling concrete market in the past, which can majorly be ascribed to the expanding local real estate construction industry in the region. The industry is focusing on the integration of supply chain in the construction market, which has resulted in a rise in the construction activity in Europe. Apart from this, the demand for self-levelling concrete in Asia-Pacific, particularly in South Korea, China, Japan, Taiwan, and India, is expected to grow

3. significantly in the years to come. Moreover, China is considered as the construction capital of the world, and the construction industry is growing at a swift pace in the country, further driving the demand for advanced products. Browse full report at: https://www.psmarketresearch.com/market- analysis/self-levelling-concrete-market Hence, the expanding construction industry is driving the demand for self- levelling concrete all across the globe. GLOBAL SELF-LEVELLING CONCRETE MARKET By Type • oUnderlayment and Toppings By End User • oCommercial oResidential By Region • oNorth America oEurope oAsia-Pacific oLatin America oMiddle East and Africa 3 © P&S Intelligence. All rights reserved

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