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Self-Leveling Concrete Market by Product, End-user, and Geography - Forecast and Analysis 2020-2024

Self-Leveling Concrete Market by Product, End-user, and Geography - Forecast and Analysis 2020-2024

Published: Dec 2020 120 Pages SKU: IRTNTR45935

The self-leveling concrete market size has the potential to grow by USD 1.26 billion during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 4.29%. 

This report provides a detailed analysis of the market by product (underlayment and toppings), end-user (commercial and residential), geography (Europe, APAC, North America, South America, and MEA), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Arcosa Inc.
  • ARDEX GmbH
  • Duraamen Engineered Products Inc.
  • Fosroc International Ltd.
  • LafargeHolcim Ltd.
  • Larsen Building Products
  • Mapei SpA
  • RPM International Inc.
  • Sika AG
  • TCC Materials

 

The self-leveling concrete market is fragmented and the vendors are deploying organic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as an increase in demand from developing countries to achieve growth opportunities. However, factors such as side effects of cement manufacturing will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the self-leveling concrete market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This self-leveling concrete market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Self-Leveling Concrete Market: Key Drivers and Trends

  • The growing demand for self-leveling concrete from developing countries will be the primary factor driving the self-leveling concrete market growth during the forecast period. 
  • The increase in residential and non-residential construction activities in developing economies, especially in APAC, will fuel the demand for self-leveling concrete.
  • Also, the governments of several countries in the region are investing heavily in the housing industry to cater to the effects of urbanization. 
  • Moreover, several vendors are moving their manufacturing activities to these countries to benefit from the availability of raw materials, land, low cost of labor, and low transportation costs.
  • Furthermore, the emergence of China and India as manufacturing hubs will further drive the self-leveling concrete market.
  • The rising demand for decorative concrete for customized flooring in buildings is one of the major self-leveling concrete market trends that will stimulate market growth. 
  • Self-leveling concrete is used to improve the aesthetics and texture of the floor. It is used in terrazzo flooring to incorporate different geometrical patterns and shapes such as borders, arcs, pathways, and tiles.
  • Moreover, self-leveling concrete is also used to produce acid stained floor, polished concrete floor, and concrete countertops for commercial and residential buildings. 

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Self-Leveling Concrete Market: Segmentation by Geography

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34% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for self-leveling concrete in APAC. Market growth in this region will be faster than the growth of the market in other regions.

One of the prime factors that will facilitate the self-leveling concrete market growth in APAC over the forecast period is an increase in commercial and residential buildings. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Self-Leveling Concrete Market: Segmentation by Product

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This report provides an accurate prediction of the contribution of all the segments to the growth of the self-leveling concrete market size. 

The underlayment type of self-leveling concrete is applied to existing subfloors and before the installation of floor covering such as carpets, tiles, and wood. It helps in reducing the irregularities and surface imperfections of an existing floor, thereby offering accurate and smooth surfaces. Hence the growth of the market has been significant during the forecast period. Fetch actionable market insights on post COVID19 impact on each segment.   

 

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Self-Leveling Concrete Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive self-leveling concrete market growth during the next five years
  • Precise estimation of the self-leveling concrete market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the self-leveling concrete industry across Europe, APAC, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of self-leveling concrete market vendors

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Self-Leveling Concrete market growth will increase by 1264.80 million during 2019-2024.

The Self-Leveling Concrete market is expected to grow at a CAGR of 4.29% during 2019-2024.

Self-Leveling Concrete market is segmented by Product( Underlayment, Toppings) End user( Commercial, Residential) Geographic( Europe, APAC, North America, South America, MEA)

Arcosa Inc., ARDEX GmbH, Duraamen Engineered Products Inc., Fosroc International Ltd., LafargeHolcim Ltd., Larsen Building Products, Mapei SpA, RPM International Inc., Sika AG, TCC Materials are a few of the key vendors in the Self-Leveling Concrete market.

APAC will register the highest growth rate of 33.93% among the other regions. Therefore, the Self-Leveling Concrete market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

China, US, Germany, UK, India

  • Increase in demand from developing countries is the driving factor this market.

The Self-Leveling Concrete market vendors should focus on grabbing business opportunities from the Underlayment segment as it accounted for the largest market share in the base year.