Self-Leveling Concrete Market: Current Analysis and Forecast (2021-2027)
$3999 – $7577
Emphasis on Type (Underlay and Topping); End-User (Residential and Non-Residential); and Region and Country
Detailed Analysis of COVID-19 Impact on the Self-Leveling Concrete Market
Pages: | 193 |
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Table: | 37 |
Figure: | 114 |
Report ID: | UMCH21711 |
Geography: |
Report Description
The global self-leveling concrete market is expected to showcase growth of around 5% during the forecast period (2021-2027). In the recent years, the self-levelling concrete has become popular due to its concrete like property, however it flows much easier and sets up faster. Further, end-user are increasing getting serious about the home aesthetic, thereby looking for the option which provide aesthetic without compromising with the durability. Self-levelling concrete is a mixture of Portland cement, polymer plasticizers, and other ingredients, have the strength of concrete but they flow more easily and set up quickly owing to which it is used by consumer for providing smooth and durable flooring, thus aiding the consumer in achieving aesthetic appearance. Further, it is expected that with increasing new construction and remodeling activities demand of self-levelling concrete would also grow. Governments in developing nations are investing heavily in infrastructure sector in order to boost the economy, this in turn also expected to increase the demand of self-leveling concrete. For instance, according to Oxford Economics, by 2030, China and India would together account for 31% of global construction market.
Insights Presented in the Report
“Amongst type, underlay segment held prominent share in the market in 2020.”
Based on type, the market is categorized into underlay and topping. Among these, self-leveling concrete is widely used for underlay purpose due to its ability to make the floor smooth and durable by removing patches, hole, and scratches, thus providing a smooth surface for the top flooring which might of ceramic tile, laminates, or any other materials.
“Amongst end-user, non-residential accounted for major share in the global self-leveling concrete market”
Based on end-user, the market is categorized into residential and non-residential. Non-residential sector held the significant share in the market owing to large number of commercial establishments which required both aesthetic and durability. Further, the category is expected to showcase significant growth during the forecast period as large number of commercial and industrial facilities are increasingly developing in developing economies to tap the growing markets.
“Asia Pacific captured significant position in the Self-Leveling Concrete market”
For a better understanding of the market adoption of self-leveling concrete, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific accounted for significant share in the market and is expected to showcase substantial growth during the forecast period owing to large base of population, growing commercial spaces, and increasing foreign companies’ investment in the region to build new facilities in the region. Further, increasing urbanization resulting in the development of houses for accommodation purpose, this is expected to increase the consumption of self-leveling concrete in the region.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts
- The report presents a quick review of overall industry performance at one glance
- The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
- The study comprehensively covers the market across different segments
- Deep dive country level analysis of the industry
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Research Methodology
Analyzing the historical market, estimation of the current market, and forecasting the future market of the Self-Leveling Concrete three major steps undertaken to create and analyze its adoption across the globe. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Self-Leveling Concrete industry. Post assumption and validation of market numbers through primary interviews, we employed a bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:
Seek More Details About Research Methodology
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the Self-Leveling Concrete through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Self-Leveling Concrete market, we conducted a detailed secondary analysis to gather current market insights and share for different segments & sub-segments for major regions. Major segment included in the report by type and end-user. Further regional and country-level analyses were conducted to evaluate the overall adoption of the self-leveling concrete globally.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of self-leveling concrete. Further, we conducted factor analysis using dependent and independent variables such as growing construction activities and increasing awareness among consumer regarding the benefits of self-levelling concrete. A thorough analysis was conducted for demand and supply-side scenario considering increasing investment, top partnerships, merger and acquisition, business expansion, and product launches in the Self-Leveling Concrete industry.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Self-Leveling Concrete market, and market shares of each segment. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., bottom-up approach was applied to arrive at the market forecast to 2027 for different segments and subsegments across the major regions globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of value (US$) and the adoption rate of Self-Leveling Concrete across the major markets
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the Self-Leveling Concrete market. Also, the growth strategies adopted by these players to compete in the fast-growing market.
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants by Stakeholders and Regions
Market Engineering
Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the global Self-Leveling Concrete market. Data was split into several segments & sub-segments post studying various parameters and trends in the area of type and end-user.
The main objective of the Self-Leveling Concrete market study
The current & future market trends of global Self-Leveling Concrete were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of Self-Leveling Concrete in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
- Segment in the study include area of type and end-user
- Defined analysis of the regulatory framework for the Self-Leveling Concrete industry
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
- Analyze the current and forecast market size of the Self-Leveling Concrete for the major countries
- Major regions/countries analyzed in the report includes North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World
- Company profiles of the Self-Leveling Concrete market players and the growth strategies adopted by them to sustain in the growing market
Deep dive country level analysis of the industry