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At a CAGR of 43.2% between 2023 and 2030, the size of the global market for bendable/flexible concrete is expected to expand from its 2022 valuation of USD 7.8 billion to a peak of USD 94.89 billion.
Demand for flexible concrete is being fueled by rising spending on infrastructure and building projects in these nations. Global demand for bendable or flexible concrete is being fueled by its widespread application in earthquake-resistant buildings and the growing popularity of environmentally responsible building methods. Some businesses are spending money on R&D in order to create new products and improve their standing in the industry.
classification system
The market for flexible concrete is divided into two distinct subsets, fiber-based flexible concrete and polymer-based flexible concrete. It is anticipated that fiber-based bending concrete will dominate the market since it is stronger and lasts longer than polymer-based bendable concrete. Because of its durability under stress and its resistance to earthquakes, this component is frequently utilized in infrastructure projects including bridges, highways, and airports. Fiber-based flexible concrete is becoming increasingly popular in the construction industry due to the rising need for environmentally friendly and cost-effective structures.
During the projected period, the demand for polymer-based flexible concrete will increase because of its growing popularity as an industrial flooring option. Industrial flooring that is polymer-based and flexible is recommended because of its durability and resistance to chemicals, abrasion, and impact. Its primary application is in commercial and industrial settings where large pieces of machinery are utilised.
Evaluation Through Use
The market can be broken down into the infrastructure sector and the building and construction sector. Demand for resilient and sustainable infrastructure in both developed and developing countries is likely to propel the infrastructure sector to the forefront of the market over the forecast period. The ability of flexible/bendable concrete to withstand enormous loads and seismic activity is of paramount importance in infrastructure projects including bridges, tunnels, and roadways.
Demand for greener, more energy-efficient structures is predicted to boost the building and construction industry, leading to quicker growth during the projection period. Since flexible/bendable concrete can be used in place of steel reinforcement, it is becoming increasingly popular for usage in construction. In earthquake-prone areas, bendable/flexible concrete can also be used to increase building safety and resilience.
Drivers
There is a growing need for green and energy-efficient structures.
The growing interest in eco-friendly and energy-saving construction is fueling growth in the market for bendable/flexible concrete. To lessen the toll on the environment and save on costs, bendable/flexible concrete can replace some of the steel reinforcement in a structure. Buildings in earthquake-prone areas can benefit greatly from the usage of bendable/flexible concrete. The building and construction industry is predicted to embrace bendable/flexible concrete due to the rising awareness of the benefits of sustainable construction practices.
Restraints
Production expenses going up as raw materials become scarcer
The increased production cost and restricted availability of raw materials is one of the primary restrictions of the bendable/flexible concrete market. Costs to manufacture flexible concrete are greater because of the need for specialized equipment and trained staff. In addition, the scarcity of certain fibers and polymers in certain areas drives up their respective costs of procurement. These obstacles can slow the spread of flexible concrete, especially in nations with fewer resources and less developed infrastructure.
Important Developments in the Market
Sustainable and eco-friendly building materials are becoming increasingly popular, which is driving the demand for bendable/flexible concrete. Construction materials that are recyclable, energy-efficient, and low in emissions are gaining popularity as people become more aware of environmental issues and the need to lessen their impact on the planet. Sustainable, bendable/flexible concrete products with enhanced performance and durability and reduced environmental effect are being developed in response to this trend. The efficiency and sustainability of bendable/flexible concrete building projects are being further improved by the incorporation of cutting-edge technology like 3D printing and the Internet of Things.
Report Coverage
Global Bendable/Flexible Concrete research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bendable/Flexible Concrete report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bendable/Flexible Concrete competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bendable/Flexible Concrete market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bendable/Flexible Concrete market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bendable/Flexible Concrete market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
CEMEX S.A.B. de C.V. (Mexico), BASF SE (Germany), Sika AG (Switzerland), LafargeHolcim Ltd (Switzerland), Fosroc International Ltd (UK), GCP Applied Technologies Inc. (US), The Euclid Chemical Company (US), ACC Limited (India), Flexcrete Technologies Ltd (UK), RUREDIL S.p.A. (Italy), Ductal (Lafarge Group) (France), Tarmac Trading Limited (UK), U.S. Concrete, Inc. (US), Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (China), Mapei S.p.A. (Italy), CEMEX UK (UK), Saudi Readymix Concrete Company Ltd. (Saudi Arabia), RAMPF Holding GmbH & Co. KG (Germany), Buzzi Unicem SpA (Italy), ACCIONA Construcción S.A. (Spain)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Bendable/Flexible Concrete market based on the below-mentioned segments:
Global Bendable/Flexible Concrete Market, By Type
Fiber-Based Bendable Concrete
Polymer-Based Bendable Concrete
Global Bendable/Flexible Concrete market, By Application
Infrastructure
Building & Construction
Global Bendable/Flexible Concrete market, Regional Analysis
Demand for flexible concrete is being fueled by rising spending on infrastructure and building projects in these nations. Global demand for bendable or flexible concrete is being fueled by its widespread application in earthquake-resistant buildings and the growing popularity of environmentally responsible building methods. Some businesses are spending money on R&D in order to create new products and improve their standing in the industry.
classification system
The market for flexible concrete is divided into two distinct subsets, fiber-based flexible concrete and polymer-based flexible concrete. It is anticipated that fiber-based bending concrete will dominate the market since it is stronger and lasts longer than polymer-based bendable concrete. Because of its durability under stress and its resistance to earthquakes, this component is frequently utilized in infrastructure projects including bridges, highways, and airports. Fiber-based flexible concrete is becoming increasingly popular in the construction industry due to the rising need for environmentally friendly and cost-effective structures.
During the projected period, the demand for polymer-based flexible concrete will increase because of its growing popularity as an industrial flooring option. Industrial flooring that is polymer-based and flexible is recommended because of its durability and resistance to chemicals, abrasion, and impact. Its primary application is in commercial and industrial settings where large pieces of machinery are utilised.
Evaluation Through Use
The market can be broken down into the infrastructure sector and the building and construction sector. Demand for resilient and sustainable infrastructure in both developed and developing countries is likely to propel the infrastructure sector to the forefront of the market over the forecast period. The ability of flexible/bendable concrete to withstand enormous loads and seismic activity is of paramount importance in infrastructure projects including bridges, tunnels, and roadways.
Demand for greener, more energy-efficient structures is predicted to boost the building and construction industry, leading to quicker growth during the projection period. Since flexible/bendable concrete can be used in place of steel reinforcement, it is becoming increasingly popular for usage in construction. In earthquake-prone areas, bendable/flexible concrete can also be used to increase building safety and resilience.
Drivers
There is a growing need for green and energy-efficient structures.
The growing interest in eco-friendly and energy-saving construction is fueling growth in the market for bendable/flexible concrete. To lessen the toll on the environment and save on costs, bendable/flexible concrete can replace some of the steel reinforcement in a structure. Buildings in earthquake-prone areas can benefit greatly from the usage of bendable/flexible concrete. The building and construction industry is predicted to embrace bendable/flexible concrete due to the rising awareness of the benefits of sustainable construction practices.
Restraints
Production expenses going up as raw materials become scarcer
The increased production cost and restricted availability of raw materials is one of the primary restrictions of the bendable/flexible concrete market. Costs to manufacture flexible concrete are greater because of the need for specialized equipment and trained staff. In addition, the scarcity of certain fibers and polymers in certain areas drives up their respective costs of procurement. These obstacles can slow the spread of flexible concrete, especially in nations with fewer resources and less developed infrastructure.
Important Developments in the Market
Sustainable and eco-friendly building materials are becoming increasingly popular, which is driving the demand for bendable/flexible concrete. Construction materials that are recyclable, energy-efficient, and low in emissions are gaining popularity as people become more aware of environmental issues and the need to lessen their impact on the planet. Sustainable, bendable/flexible concrete products with enhanced performance and durability and reduced environmental effect are being developed in response to this trend. The efficiency and sustainability of bendable/flexible concrete building projects are being further improved by the incorporation of cutting-edge technology like 3D printing and the Internet of Things.
Report Coverage
Global Bendable/Flexible Concrete research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bendable/Flexible Concrete report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bendable/Flexible Concrete competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bendable/Flexible Concrete market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | CEMEX S.A.B. de C.V. (Mexico), BASF SE (Germany), Sika AG (Switzerland), LafargeHolcim Ltd (Switzerland), Fosroc International Ltd (UK), GCP Applied Technologies Inc. (US), The Euclid Chemical Company (US), ACC Limited (India), Flexcrete Technologies Ltd (UK), RUREDIL S.p.A. (Italy), Ductal (Lafarge Group) (France), Tarmac Trading Limited (UK), U.S. Concrete, Inc. (US), Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (China), Mapei S.p.A. (Italy), CEMEX UK (UK), Saudi Readymix Concrete Company Ltd. (Saudi Arabia), RAMPF Holding GmbH & Co. KG (Germany), Buzzi Unicem SpA (Italy), ACCIONA Construcción S.A. (Spain) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Bendable/Flexible Concrete Market from 2021 to 2030.
- Market Forecast for Bendable/Flexible Concrete Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Bendable/Flexible Concrete competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Bendable/Flexible Concrete
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bendable/Flexible Concrete market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bendable/Flexible Concrete market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
CEMEX S.A.B. de C.V. (Mexico), BASF SE (Germany), Sika AG (Switzerland), LafargeHolcim Ltd (Switzerland), Fosroc International Ltd (UK), GCP Applied Technologies Inc. (US), The Euclid Chemical Company (US), ACC Limited (India), Flexcrete Technologies Ltd (UK), RUREDIL S.p.A. (Italy), Ductal (Lafarge Group) (France), Tarmac Trading Limited (UK), U.S. Concrete, Inc. (US), Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (China), Mapei S.p.A. (Italy), CEMEX UK (UK), Saudi Readymix Concrete Company Ltd. (Saudi Arabia), RAMPF Holding GmbH & Co. KG (Germany), Buzzi Unicem SpA (Italy), ACCIONA Construcción S.A. (Spain)
Primary Target Market
- Market Players of Bendable/Flexible Concrete
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Bendable/Flexible Concrete market based on the below-mentioned segments:
Global Bendable/Flexible Concrete Market, By Type
Fiber-Based Bendable Concrete
Polymer-Based Bendable Concrete
Global Bendable/Flexible Concrete market, By Application
Infrastructure
Building & Construction
Global Bendable/Flexible Concrete market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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