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Self-Healing Concrete Market Size
- Report ID: GMI7497
- Published Date: Nov 2023
- Report Format: PDF
Self-healing Concrete Market Size
Self-Healing Concrete Market was valued at around USD 56 billion in 2022 and is anticipated to expand at 31.5% CAGR from 2023 to 2032, driven by the increasing demand for durable and sustainable construction materials, coupled with the rising awareness of the environmental and economic benefits of self-healing concrete. Moreover, the growing emphasis on infrastructure development, particularly in emerging economies, is fueling the adoption of self-healing concrete as a forward-looking solution for ensuring the longevity and resilience of civil engineering structures.
One significant pitfall is the cost associated with the production of self-healing concrete. The incorporation of advanced healing agents, such as encapsulated bacteria or shape-memory polymers, adds to the overall expense of manufacturing, making self-healing concrete a pricier alternative compared to traditional concrete. This financial barrier may limit its widespread adoption, particularly in regions where construction budgets are constrained.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Self-healing Concrete Market Size in 2022: | USD 56 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 31.5% |
| 2032 Value Projection: | USD 863.6 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 210 |
| Tables, Charts & Figures: | 191 |
| Segments covered: | Concrete Type, Form, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Self-healing Concrete Market Scope
