PUBLISHER: The Business Research Company | PRODUCT CODE: 1669527
PUBLISHER: The Business Research Company | PRODUCT CODE: 1669527
Crack-free concrete, achieved through the use of an expanding agent and adequate wet curing, is a common choice for industrial flooring applications, especially when omitting wet curing and utilizing control joints.
The primary categories of crack-free concrete include traditional aggregate, lightweight aggregate, and other variations. Traditional aggregates encompass inert granular elements such as sand, gravel, or crushed stone mixed with water and Portland cement to form concrete blocks. Diverse mix designs are employed, incorporating additives such as shrinkage-reducing agents and shrinkage-compensating cement, along with various reinforcements such as carbon nanofibers, asphalt, rubber, and more. These tailored solutions cater to multiple applications across industries, construction, and related sectors.
The crack free concrete market research report is one of a series of new reports from The Business Research Company that provides crack free concrete market statistics, including crack free concrete industry global market size, regional shares, competitors with a crack free concrete market share, detailed crack free concrete market segments, market trends and opportunities, and any further data you may need to thrive in the crack free concrete industry. This crack free concrete market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The crack free concrete market size has grown strongly in recent years. It will grow from $141.27 billion in 2024 to $149.05 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to infrastructure development projects, urbanization and population growth, increased focus on sustainable construction, stringent building codes and standards, demand for high-performance concrete
The crack free concrete market size is expected to see strong growth in the next few years. It will grow to $187.69 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing importance of resilient structures, rising adoption of fiber-reinforced concrete, increased construction in seismic zones, enhanced quality control measures. Major trends in the forecast period include advanced admixtures for crack mitigation, innovations in concrete mix designs, crack monitoring technologies, importance of proper curing techniques, research in self-healing concrete.
The expanding construction industry is anticipated to significantly boost the crack-free concrete market in the future. Construction involves the creation, modification, repair, renovation, enhancement, or demolition of infrastructure, including general frameworks, public structures, and other improvements to real property. The surge in construction activities is positively impacting the crack-free concrete market, as this material is essential for building major structures like bridges, dams, canals, highways, warehouses, and factories. For example, in November 2023, the Office for National Statistics, a UK government agency, reported that the value of new construction work in Great Britain increased by 15.8% in 2022, reaching a record high of $173,516 million (£132,989 million). This growth was driven by contributions from both the private sector, which added $18,387 million (£14,093 million), and the public sector, which contributed $5,307 million (£4,068 million). In Quarter 3 (July to September) of 2022, there were 374,332 VAT and PAYE registered construction firms operating in Great Britain, reflecting a 5.9% increase from 2021. Consequently, the growth of the construction industry is propelling the crack-free concrete market.
The growing infrastructure investments are expected to propel the growth of the crack-free concrete market in the coming years. Infrastructure investments are a vast and crucial topic, impacting everything from economic growth and daily commutes to climate resilience and access to necessities. Infrastructure investments in crack-free concrete represent a promising approach to building stronger, safer, and more sustainable infrastructure for the future. For instance, in June 2022, according to the Department of Transport's report, a UK-based government transportation administration, the UK government invested more than £160 million in infrastructure to support neighborhood economies, as well as four initiatives in England that reduce traffic congestion and generate £659.3 million ($876.5 million) in economic benefits. Therefore, the growing infrastructure investments are driving the crack-free concrete market.
Product innovation is a key trend gaining traction in the crack-free concrete market. Major companies in this sector are focusing on creating innovative products to strengthen their market position. For example, in September 2023, Nuvoco Vistas, an India-based cement manufacturer, introduced Duraguard Microfibre fiber-reinforced cement. This cement's clinker contains 48-52% tricalcium silicate and a low amount of tricalcium aluminate, which enhances its performance compared to ordinary Portland cement (OPC). It features electrostatically precipitated dry fly ash, which improves bonding and crack resistance. The cement provides greater strength and durability while reducing permeability, making it more resilient for various applications. Additionally, it delivers a smoother surface finish, making it ideal for high-quality construction projects.
Facility expansion is a significant trend gaining traction in the crack-free concrete market. Manufacturers in this sector are concentrating on expanding their facilities to produce fiber-reinforced concrete products. For example, in June 2024, Max Frank, a Germany-based company that develops, produces, and distributes products for concrete and reinforced concrete construction, opened a new production plant dedicated to fiber-reinforced concrete products. This new facility is equipped with state-of-the-art technology and fully automated processes for manufacturing these products. Its innovative design provides maximum flexibility to cater to diverse market demands. With a mixer as the central component, the plant doubles production capacity compared to the previous process and ensures consistent product quality throughout the manufacturing operation.
In May 2023, Sika, a Switzerland-based chemicals company, acquired MBCC Group for an undisclosed amount. Sika aimed to strengthen its presence in the concrete construction market by leveraging MBCC Group's expertise and product portfolio. The acquisition highlighted innovation and sustainability as key focus areas. MBCC Group, based in Germany, manufactures products that contribute to crack-free concrete.
Major companies operating in the crack free concrete market include BASF SE, Dow Chemical Company, Holcim, CRH Concrete A/S, HeidelbergCement, Cemex S.A.B. de C.V., Sika AG, Vulcan Materials Company, MDU Resources Group Inc., RPM International, Martin Marietta Materials, Votorantim Cimentos, Mapei S.p.A., W. R. Grace & Co.-Conn., Charah Solutions Inc., The Euclid Chemical Company, Xypex Chemical Corporation, Kryton International, Penetron International, Oscrete Construction Products, CarbonBuilt, Fosroc, Akzo Nobel N.V., Hycrete Inc., GCP Applied Technologies, Ameron International Co., Buzzi Unicem
North America was the largest region in the crack free concrete market in 2024. The regions covered in the crack free concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the crack free concrete market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The crack-free concrete market consists of sales of epoxy resin injected, polyurethane injected, and acrylate resin injected crack free concretes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Crack Free Concrete Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on crack free concrete market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for crack free concrete ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The crack free concrete market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.