Global self leveling concrete market is estimated to be valued at USD 5.70 Bn in 2024 and is expected to reach USD 7.76 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 5.70 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.50% |
2031 Value Projection: |
US$ 7.76 Bn |
Figure. Self Leveling Concrete Market Share (%), By Region, 2024
The global self-leveling concrete market has been growing at a steady pace in the recent years. Self-leveling concrete, also known as self-compacting concrete, is a special fluid concrete that can automatically fill entire spaces by flowing under its own weight and without any external vibration or tamping. Self-leveling concrete offers advantages such as ease of installation, reduced labor costs and bubble-free finishing. It is increasingly being used in residential as well as commercial construction for leveling new and old concrete floors. Factors such as growth in construction activities, rising consumer preference for smooth and aesthetic floors and increasing awareness about benefits of self-leveling concrete are expected to boost the demand in the coming years.
Market Dynamics:
The global self leveling concrete market is driven by rapid urbanization and growth in construction industry across developing countries. Increasing disposable income has also led to rising consumer spending on home remodeling and renovation, thus propelling the market growth. Moreover, self-leveling concrete requires minimal labor and offers faster installation compared to normal concrete, thereby reducing project costs for contractors. This is encouraging wider adoption in both residential and non-residential construction. However, high raw material costs remain a key challenge for manufacturers. In addition, lack of awareness in certain markets restricts the product penetration. Nevertheless, ongoing research & development and new product launches with enhanced properties present lucrative opportunities for market expansion in the forthcoming years.
Key features of the study:
- This report provides in-depth analysis of the global self-leveling concrete market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global self-leveling concrete market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include CEMEX, S.A.B. de C.V., Holcim, MAPEI S.p.A., Saint-Gobain, Sika AG, LATICRETE International, Inc., Ardex Group, MBCC Group, Vicat, Arkema, BASF SE, Fischer Group, Duraamen Engineered Products Inc., Flowcrete, Nexus Floors, Tremco Incorporated, USG Corporation, R.T. Vanderbilt Company, Inc., Mapei Corporation, and Cemstone Products Company
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global self-leveling concrete market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global self-leveling concrete market
Detailed Segmentation-
- Product Type Insights (Revenue, USD Bn, 2019 - 2031)
- Polymer-Based Self-Leveling Concrete
- Cement-Based Self-Leveling Concrete
- Others
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Residential
- Commercial
- Industrial
- Infrastructure
- End-use Industry Insights (Revenue, USD Bn, 2019 - 2031)
- Construction
- Flooring
- Repair and Renovation
- Others
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- CEMEX, S.A.B. de C.V.
- Holcim
- MAPEI S.p.A.
- Saint-Gobain
- Sika AG
- LATICRETE International, Inc.
- Ardex Group
- MBCC Group
- Vicat
- Arkema
- BASF SE
- Fischer Group
- Duraamen Engineered Products Inc.
- Flowcrete
- Nexus Floors
- Tremco Incorporated
- USG Corporation
- R.T. Vanderbilt Company, Inc.
- Mapei Corporation
- Cemstone Products Company