Self-Healing Concrete Market

Self-Healing Concrete Market Size, Share, Trends, Growth, and Industry Analysis, By Form (Intrinsic, Extrinsic, Capsule Based, Vascular), Type (Biotic, Abiotic), End User (Residential, Industrial, Commercial, Civil Infrastructure), Regional Analysis and Forecast 2032.

Chemical & Material | May 2024 | Report ID: EMR00878 | Pages: 251

Global Self-Healing Concrete market size was USD 47.62 billion in 2023 and the market is projected to touch USD 398.25 billion by 2032, at a CAGR of 26.61% during the forecast period.

 

Self-Healing Concretes material is designed to enhance the durability and lifespan of concrete structures, reducing the need for frequent maintenance and repair activities. The market for self-healing concrete is being driven by increased infrastructure development projects, growing awareness of sustainable construction techniques, and rising demand for long-lasting building materials.

Key market participants are investing in R&D to improve the efficacy and cost-effectiveness of self-healing concrete. Furthermore, government measures promoting the use of environmentally friendly construction materials are fuelling the growth of the global self-healing concrete market. However, obstacles such as high starting prices and insufficient understanding of the benefits of self-healing concrete among end users may hamper market expansion.

 

Global Self-Healing Concrete report scope and segmentation.

Report Attribute

Details

Estimated Market Value (2023)

USD 47.62 billion

Projected Market Value (2032)

USD 398.25 billion

Base Year

2023

Forecast Years

2024 – 2032

Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Based on By Form, By Type, By End-User, & Region.

Segments Covered

By Form, By Type, By End-User, & By Region.

Forecast Units

Value (USD Million or Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2024 to 2032.

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others.

Report Coverage

Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis.

Delivery Format

Delivered as an attached PDF and Excel through email, according to the purchase option.

 

Global Self-Healing Concrete dynamics

One of the key drivers propelling market expansion is the increasing focus on sustainable construction practices worldwide. With growing concerns about environmental impact and the need for durable infrastructure, self-healing concrete emerges as a viable solution, reducing maintenance costs and extending the lifespan of structures. Moreover, rising investments in infrastructure development projects, particularly in emerging economies, contribute to market growth. Governments and private investors are spending considerable amounts to the construction of roads, bridges, and buildings, creating an atmosphere that encourages the use of new construction materials such as self-healing concrete.

However, the industry faces a number of challenges that may restrict its expansion. The high initial costs of self-healing concrete remain a substantial obstacle to wider implementation, especially in cost-sensitive regions. Furthermore, end-users' lack of information about the benefits and uses of self-healing concrete impedes market growth. To overcome these hurdles, industry stakeholders must work together to educate customers about the long-term benefits of self-healing concrete and to develop cost-effective alternatives.

 

Global Self-Healing Concrete drivers

  • Sustainable Construction Practices

The growing emphasis on sustainable construction practices is a major driver of the self-healing concrete market. With increasing concern about environmental conservation and the demand for eco-friendly building materials, self-healing concrete presents an appealing option. By eliminating the need for regular repairs and replacements, this novel material helps to improve the overall sustainability of construction projects. Furthermore, as governments around the world enact stronger laws on carbon emissions and resource consumption in the building sector, the demand for sustainable materials like self-healing concrete is likely to soar.

  • Infrastructure Development Investments

Rising investments in infrastructure development projects, particularly in emerging economies, are driving the demand for self-healing concrete. Governments and private investors are allocating substantial funds towards the construction of roads, bridges, tunnels, and other infrastructure assets to support economic growth and urbanization. Self-healing concrete's ability to enhance the durability and longevity of these structures aligns with the objectives of such projects. Additionally, the increasing focus on resilient infrastructure, particularly in regions prone to natural disasters, further amplifies the demand for self-healing concrete as a preventive measure against damage and deterioration, thereby driving market growth.

 

Restraints:

  • High Initial Costs

One of the biggest challenges to broad use of self-healing concrete is its high initial cost when compared to traditional concrete. Self-healing concrete requires complex technologies and ingredients, resulting in greater upfront costs for construction projects. This pricing barrier frequently hinders builders and developers, particularly in cost-sensitive markets, from using self-healing concrete despite its long-term benefits. Addressing this constraint requires advances in manufacturing processes and materials that reduce production costs and make self-healing concrete more economically viable for a larger variety of applications.

  • Limited Awareness and Education

Another significant restraint facing the self-healing concrete market is the limited awareness and education among end-users regarding its benefits and applications. Many construction professionals and decision-makers may not be familiar with the concept of self-healing concrete or may underestimate its potential advantages. Consequently, there is often reluctance to adopt this innovative material in construction projects, leading to slower market penetration. To overcome this restraint, concerted efforts are needed from industry players to educate and raise awareness among stakeholders about the durability, sustainability, and long-term cost savings associated with self-healing concrete.

 

Opportunities:

  • Technological Advancements

The continuous advancement of technology presents significant opportunities for the self-healing concrete market. Ongoing research and development efforts are focused on enhancing the effectiveness and cost-efficiency of self-healing concrete through innovations in material science, nanotechnology, and construction methodologies. These technological advancements are expected to result in the development of more robust and affordable self-healing concrete solutions, expanding its applicability across various construction projects and driving market growth.

 

Segment Overview

  • By Form

Self-healing concrete can be classified into many types based on its healing method. Intrinsic self-healing concrete contains components in the concrete mixture that allow it to self-repair cracks as they occur, increasing durability and lifetime. Extrinsic self-healing concrete, on the other hand, uses external agents or mechanisms to aid in the healing process, such as encapsulated healing agents or vascular networks. Capsule-based self-healing concrete contains microcapsules packed with healing chemicals, which rupture when a fracture forms, releasing the healing material to seal the crack. Vascular self-healing concrete incorporates integrated vascular networks within the concrete matrix that circulate healing materials to fix cracks, simulating the natural healing process observed in live creatures.

  • By Type

Self-healing concrete can also be classified based on the nature of the healing mechanism employed. Biotic self-healing concrete utilizes biological agents, such as bacteria or fungi, to produce minerals that fill cracks and restore the structural integrity of the concrete. Abiotic self-healing concrete, on the other hand, relies on non-living materials, such as polymers or minerals, to fill and seal cracks in the concrete matrix. Both biotic and abiotic self-healing mechanisms offer unique advantages and applications in enhancing the performance and durability of concrete structures.

  • By End User

Self-healing concrete finds applications across various end-user segments in the construction industry. In the residential sector, self-healing concrete is utilized in the construction of homes and buildings to improve structural durability and reduce maintenance requirements, enhancing the overall quality of living spaces. In the industrial sector, self-healing concrete is employed in manufacturing facilities, warehouses, and industrial complexes to withstand heavy loads, chemical exposure, and other harsh environmental conditions.

In the commercial sector, self-healing concrete is utilized in the construction of commercial buildings, retail spaces, and office complexes to ensure long-term structural integrity and minimize disruptions due to maintenance activities. Additionally, in the civil infrastructure sector, self-healing concrete is used in the construction of bridges, tunnels, highways, and other critical infrastructure projects to enhance resilience and minimize the risk of structural failure, contributing to public safety and infrastructure sustainability.

 

Global Self-Healing Concrete Overview by Region

In North America, the market is being driven by significant investments in infrastructure renewal projects, particularly in the United States and Canada, where aging infrastructure demands innovative maintenance and durability solutions. Furthermore, strong rules aimed at encouraging sustainable construction practices help to promote the use of self-healing concrete in the region.

In Europe, market expansion is aided by initiatives supporting green construction materials and sustainable urban development, along with the existence of established manufacturers and research institutions driving technological developments in self-healing concrete. Meanwhile, the Asia Pacific region experiences robust market growth attributed to rapid urbanization, population growth, and escalating infrastructure investments in emerging economies like China, India, and Southeast Asian countries.

Government-led initiatives for smart cities, transportation infrastructure, and sustainable development further fuel the demand for self-healing concrete in the region. In the Middle East and Africa, the market is driven by extensive construction activities, particularly in Gulf Cooperation Council (GCC) countries, supported by ambitious infrastructure projects and investments in transportation, energy, and real estate sectors. Moreover, the region's harsh climatic conditions and susceptibility to seismic events necessitate the adoption of resilient construction materials like self-healing concrete.

 

 

Global Self-Healing Concrete market competitive landscape

Key players such as BASF SE, Acciona S.A., and CEMEX S.A.B. de C.V. dominate the market with their extensive product portfolios, technological expertise, and global reach. These companies focus on strategic collaborations, partnerships, and acquisitions to strengthen their market position and capitalize on emerging opportunities in the construction industry. Moreover, they invest significantly in research and development activities to enhance the performance, durability, and cost-effectiveness of self-healing concrete solutions, catering to the evolving needs of end-users.

In addition to industry giants, a growing number of startups and research institutions are driving innovation in the self-healing concrete market, introducing novel technologies and materials to address specific challenges related to crack repair, durability enhancement, and sustainability. These innovative startups often collaborate with academic institutions, government agencies, and industry partners to accelerate the commercialization of their solutions and gain a competitive edge in the market. Furthermore, the competitive landscape is characterized by intense competition, with players vying for market share through product differentiation, pricing strategies, and marketing initiatives.

Key Players:

  • Basilisk
  • Akzo Nobel N.V.
  • Corbion
  • CEMEX S.A.B. de C.V.
  • Acciona
  • Sika AG
  • Devan
  • Fescon
  • BASF SE
  • Tarmac
  • HEIDELBERGCEMENT
  • Holcim
  • Firth
  • Buzzi Unicem USA
  • Kwik Bond Polymers
  • Wacker Chemie AG
  • Xypex Chemical Corporation
  • Breedon Group plc
  • Polycoat Products
  • Fosroc
  • Giatec Scientific Inc.  

 

Global Self-Healing Concrete Recent Developments

  • Feb 2022, Innovate UK’s Scaling the Edge initiatives facilitated JP Concrete in expediting the introduction of its sustainable 'self-repairing concrete' solution for the construction sector. Concrete contributes to approximately 8% of worldwide carbon emissions, making it the third largest emitter if it were considered as a nation.

 

Scope of global Self-Healing Concrete report

Global Self-Healing Concrete report segmentation

ATTRIBUTE

DETAILS

By Form

  • Intrinsic
  • Extrinsic
  • Capsule Based
  • Vascular

By Type

  • Biotic
  • Abiotic

By End User

  • Residential
  • Industrial
  • Commercial
  • Civil Infrastructure

By Geography

  • North America (USA, and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Customization Scope

  • Available upon request

Pricing

  • Available upon request

 

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

  • Global Self-Healing Concrete size and forecast: To identify and estimate the market size for global Self-Healing Concrete market segmented By Form, By Type, By End-User, and by region. Also, to understand the consumption/ demand created by consumers between 2024 and 2032.
  • Market Landscape and Trends: To identify and infer the drivers, restraints, opportunities, and challenges for global Self-Healing Concrete
  • Market Influencing Factors: To find out the factors which are affecting the market of global Self-Healing Concrete among consumers.
  • Company Profiling:  To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

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Research Methodology

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Data Collection

Data collection is the process of gathering, measuring, and analyzing accurate and relevant data from a variety of sources to analyze market and forecast trends. Raw market data is obtained on a broad front. Data is continuously extracted and filtered to ensure only validated and authenticated sources are considered. Data is mined from a varied host of sources including secondary and primary sources.

Primary Research

After the secondary research process, we initiate the primary research phase in which we interact with companies operating within the market space. We interact with related industries to understand the factors that can drive or hamper a market. Exhaustive primary interviews are conducted. Various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information for a report which includes suppliers, product providers, domain experts, CEOs, vice presidents, marketing & sales directors, Type & innovation directors, and related key executives from various key companies to ensure a holistic and unbiased picture of the market. 

Secondary Research

A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on. We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

Top-Down Approach & Bottom-Up Approach

In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.

In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.

This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.

Market Analysis & size Estimation

Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.

Quality Checking & Final Review

The analysis done by the research team is further reviewed to check for the accuracy of the data provided to ensure the clients’ requirements. This approach provides essential checks and balances which facilitate the production of quality data. This Type of revision was done in two phases for the authenticity of the data and negligible errors in the report. After quality checking, the report is reviewed to look after the presentation, Type and to recheck if all the requirements of the clients were addressed.

Frequently Asked Questions

Global Self-Healing Concrete forecast period is 2024 - 2032.
According to global Self-Healing Concrete research, the market is expected to grow at a CAGR of ~ 26.61% over the next eight years.
The possible segments in global Self-Healing Concrete are based on By Form, By Type, By End-User, & by region.
The expected market size for Global Self-Healing Concrete is USD 398.25 billion in 2032.
The major players in the market are Basilisk, Akzo Nobel N.V., Corbion, CEMEX S.A.B. de C.V., Acciona, Sika AG, Devan, Fescon, BASF SE, Tarmac, HEIDELBERGCEMENT, Holcim, Firth, Buzzi Unicem USA, Kwik Bond Polymers, Wacker Chemie AG, Xypex Chemical Corporation, Breedon Group plc, Polycoat Products, Fosroc, and Giatec Scientific Inc.
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