Global Ultra-High Performance Concrete Market – Increasing Demand for RPC to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–#Research–Technavio’s latest market research report on the global
ultra-high performance concrete market provides an analysis of
the most important trends expected to impact the market outlook from
2018-2022. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.

According to Technavio analysts, the global ultra-high performance
concrete market will grow at a CAGR of close to 7% during the
forecast period. The benefits of ultra-high-performance concrete are
driving the growth of the market.

Ultra-high performance concrete exhibits excellent properties, which are
leading to its increased demand in various applications such as military
construction, building construction, anti-detonating construction, and
the construction of roads and bridges.

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In this report, Technavio highlights the increasing demand for reactive
powder concrete as one of the key emerging trends driving the global
ultra-high performance concrete market:

Increasing demand for reactive powder concrete

Reactive powder concrete (RPC) is an evolving composite material, and it
is expected to witness the highest growth rate in the global ultra-high
performance concrete market as it allows optimized material use,
generates economic benefits, and is highly environment-friendly. RPC is
expected to witness the highest growth rate during the forecast period
owing to properties such as increased durability, high strength, and
ability to withstand high load and pressure. It is more
environment-friendly than other conventional concrete products. The
material also has lower permeability, and this is a major factor for its
high use in high-strength applications.

“RPC contains mineral admixtures and chemical components apart from
aggregates, cement, and water, which bestows special properties and
characteristics to RPC, thus, increasing its usability in infrastructure
applications. With increased construction activities on a global scale,
RPC is expected to exhibit high growth potential during the forecast
period,” says a senior analyst at Technavio for specialty
chemicals research.

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Global ultra-high performance concrete market
segmentation

This market research report segments the global ultra-high
performance concrete market based on application (roads
and bridge construction, anti-detonating construction, building
construction, military construction, and others). The report also
provides an analysis of the market based on geographic regions (the
Americas, APAC, and EMEA).

The roads and bridge construction segment held the largest market share
in 2017, accounting for nearly 44% of the market. It is also the fastest
growing application and is expected to witness an increase of more than
1% during the forecast period.

APAC was the leading region for the global ultra-high performance
concrete market in 2017, accounting for a market share of over 42%. APAC
is expected to maintain its lead during the forecast period followed by
the Americas and EMEA.

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