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Rapid Strength Concrete Market Share

Report ID: GMI2245
Published Date: Jan 2022
Report Format: PDF

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Rapid Strength Concrete Market Share

Key industry participants are strategically investing in capacity expansion with mergers & acquisitions to expand their global footholds. In November 2021, Sika AG announced to acquire MBCC Group to strengthen its global presence by expanding its product & solution offerings. In addition, market leaders are investing in capacity expansion and facility upgrades to improve their profit margins. Key players in the market are:

BASF SE
Sika Corporation
CTS Cement
Cemex S.A.B
Tarmac.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of rapid strength concrete reached over USD 122 billion in 2020 and is poised to record a growth rate of more than 8.2% up to 2027, says this GMI report.

Building applications held close to 53% of the market share in 2020 and will witness expansion with the rising product penetration in construction activities.

European industry for rapid strength concrete is anticipated to exceed USD 60 billion by 2027on account of the escalating spending on the building & construction sector along with the rising infrastructure projects in the region.

BASF SE, Sika Corporation, CTS Cement, Cemex S.A.B, and Tarmac are some of the industry players.