Market Overview:
The global fast set concrete market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fast set concrete in industrial and building applications. In terms of type, the global fast set concrete market is segmented into chemical additive concrete and mineral additive concrete. The chemical additive segment is expected to dominate the global fast set concrete market during the forecast period owing to its properties such as early strength development, high compressive strength, and low water-to-cement ratio.
Product Definition:
Fast set concrete is a type of concrete that sets relatively quickly. This type of concrete is often used in construction projects where time is of the essence. The quick setting time allows for work to continue on the project without having to wait long periods of time for the concrete to harden.
Chemical Additive Concrete:
Chemical additive concrete is a mixture of chemicals that are added to the normal cement for various purposes such as improving its physical properties, color, or making it more durable. The chemical additives may be released during the curing process or may remain in the finished product. Chemical additives can improve certain characteristics of concrete by modifying water and cement interaction.
Mineral Additive Concrete:
Mineral additive concrete is a mixture of cement, aggregates and mineral fillers that are added to normal concrete during its preparation stage. The product enhances the properties of normal portland cement by increasing its strength and durability at very low cost. Mineral additive concrete contains iron oxide, silica sand & limestone among others which enhance the properties of Portland cement thus improving the quality & performance of finished products.
Application Insights:
Building application was the largest segment in the global fast set concrete market, accounting for more than 60.0% share of the overall revenue in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing construction activities across residential and non-residential sectors, including industrial buildings and warehouses.
The demand for FSCs from building applications is projected to increase with rising urbanization due to rapid infrastructure development along with technological advancements that enhance productivity. Furthermore, favorable government policies regarding housing & real estate development are anticipated to boost industry expansion over the coming years. Fast setting concrete products have a number of advantages such as reduced consumption of water as compared to traditional methods; increased efficiency resulting in less material used; abilityto work at low temperatures below 25oC; and faster production rate coupledwith easeof use & installation which makes it suitable for various types of foundations including basements & Foundations among others globally thereby driving its demand from building applications over next few years.
Regional Analysis:
Asia Pacific dominated the global industry in terms of revenue with a market share of over 35% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing construction activities and rising population. China, India, Japan, South Korea and Indonesia are some of the largest economies that are likely to contribute towards regional growth.
The growing industrial sector along with government initiatives for infrastructure development is projected to fuel demand for fast set concrete products across Asia Pacific during the forecast period. In addition, favorable regulatory policies aimed at promoting investments from FDI as well as private foreign investors are anticipated to drive product consumption further driving overall industry growth in this region.
Europe accounted for a major share of global volume consumed in 2017 owing high construction activity levels coupled with rapid infrastructural developments across countries such as Germany.
Growth Factors:
- Increasing demand for fast set concrete in the construction industry as it offers several advantages such as quick installation and less labor requirements compared to traditional concrete.
- Rising urbanization and development in emerging countries is expected to drive the demand for fast set concrete over the next few years.
- Growing use of fast set concrete in infrastructure projects due to its high strength and durability properties.
- Increasing awareness about the benefits of using fast set concrete among contractors, builders, and consumers is projected to boost market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fast Set Concrete Market Research Report
By Type
Chemical Additive Concrete, Mineral Additive Concrete
By Application
Industrial Application, Building Application, Other
By Companies
China National Building Material, Anhui Conch Cement, Huaxin Cement, Shandong Shanshui Cement, CR Cement, Tangshan Jidong Cement Co., Ltd, LafargeHolcim, Cemex, UltraTech Cement, InterCement, CRH, Buzzi Unicem, Eurocement, Dangote Cement, Kilsaran
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Fast Set Concrete Market Report Segments:
The global Fast Set Concrete market is segmented on the basis of:
Types
Chemical Additive Concrete, Mineral Additive Concrete
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Application, Building Application, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- China National Building Material
- Anhui Conch Cement
- Huaxin Cement
- Shandong Shanshui Cement
- CR Cement
- Tangshan Jidong Cement Co., Ltd
- LafargeHolcim
- Cemex
- UltraTech Cement
- InterCement
- CRH
- Buzzi Unicem
- Eurocement
- Dangote Cement
- Kilsaran
Highlights of The Fast Set Concrete Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chemical Additive Concrete
- Mineral Additive Concrete
- By Application:
- Industrial Application
- Building Application
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fast Set Concrete Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fast Set Concrete is a type of concrete that sets quickly, usually in about an hour. This makes it a good choice for projects where speed is important, such as construction sites.
Some of the major players in the fast set concrete market are ‎China National Building Material, Anhui Conch Cement, Huaxin Cement, Shandong Shanshui Cement, CR Cement, Tangshan Jidong Cement Co., Ltd, LafargeHolcim, Cemex, UltraTech Cement, InterCement, CRH, Buzzi Unicem, Eurocement, Dangote Cement, Kilsaran.
The fast set concrete market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fast Set Concrete Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Fast Set Concrete Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Fast Set Concrete Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Fast Set Concrete Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Fast Set Concrete Market Size & Forecast, 2020-2028 4.5.1 Fast Set Concrete Market Size and Y-o-Y Growth 4.5.2 Fast Set Concrete Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Chemical Additive Concrete
5.2.2 Mineral Additive Concrete
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial Application
6.2.2 Building Application
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fast Set Concrete Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fast Set Concrete Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Chemical Additive Concrete
9.6.2 Mineral Additive Concrete
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial Application
9.10.2 Building Application
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Chemical Additive Concrete
10.6.2 Mineral Additive Concrete
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial Application
10.10.2 Building Application
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Chemical Additive Concrete
11.6.2 Mineral Additive Concrete
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial Application
11.10.2 Building Application
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Chemical Additive Concrete
12.6.2 Mineral Additive Concrete
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial Application
12.10.2 Building Application
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Chemical Additive Concrete
13.6.2 Mineral Additive Concrete
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial Application
13.10.2 Building Application
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fast Set Concrete Market: Competitive Dashboard
14.2 Global Fast Set Concrete Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 China National Building Material
14.3.2 Anhui Conch Cement
14.3.3 Huaxin Cement
14.3.4 Shandong Shanshui Cement
14.3.5 CR Cement
14.3.6 Tangshan Jidong Cement Co., Ltd
14.3.7 LafargeHolcim
14.3.8 Cemex
14.3.9 UltraTech Cement
14.3.10 InterCement
14.3.11 CRH
14.3.12 Buzzi Unicem
14.3.13 Eurocement
14.3.14 Dangote Cement
14.3.15 Kilsaran