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According to the latest report by IMARC Group, titled “ Rapid Strength Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forec ast 2023-2028
” the global rapid strength concrete market reached a strong growth in 2022.
Rapid strength concrete (RSC) refers to a type of concrete that gains strength quickly and provides a lasting repair for the remaining service life of a structure. It is manufactured using high-quality ingredients and mixture designs and consequently offers numerous advantages over conventional concrete. As it helps businesses operating in the construction sector reduce their capital expenditure, RSC finds extensive applications in airports, dockyards, parking areas, and railway networks across the globe.
Request Free Sample Report: https://www.imarcgroup.com/rapid-strength-concrete-market/requestsample
The rising demand for modern architecture around the world represents one of the key factors bolstering the growth of the market. Besides this, there is a considerable increase in the use of RSC for pavement rehabilitation and reconstruction. These pavements provide a smooth and durable all-weather traveling surface to cars, trucks, buses, bicycles, commuters, commercial motor carriers, delivery and service providers, local users, and leisure travelers. In addition, they play a pivotal role in the roadway network of a country and offer societal benefits, such as access to schools, services, offices, and general mobility. Apart from this, as RSC reaches opening strength in a short period, slab replacement can be accomplished overnight. Consequently, it is utilized for repairing different components of buildings and substructure elements on bridges, such as decks, piers, and columns. Moreover, key players are focusing on minimizing the impact of producing concrete on the environment by developing next-generation sustainable cement. They are also engaging in collaborations and mergers and acquisitions (M&A) with domestic players, which is positively influencing the market. Furthermore, governing authorities of numerous countries are introducing new projects for constructing highways and freeways, which is facilitating the growth of the market.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Competitive Landscape with Key Players:
Boral Limited
Bostik (Arkema S.A.)
Buzzi Unicem SpA
Cemex S.A.B. de C.V.
CTS Cement Manufacturing Corporation
Fosroc Inc. (JMH Group)
Instarmac Group PLC
Short Load Concrete Inc. Sika AG Tarmac (CRH plc)
• Westbuild Group. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/rapid-strength-concrete-market
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