Self-compacting Concrete Market Size

Self-compacting Concrete Market size was over USD 13.56 billion in 2024 and is poised to exceed USD 24.33 billion by 2037, witnessing over 4.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of self-compacting concrete is evaluated at USD 14.06 billion. The market is growing due to the increasing construction industry across the globe. The world's largest industry, construction is predicted to more than double in size between 2020 and 2030 owing to rising development and a demand for both residential and non-residential construction projects.

For instance, in the next 15 years, the amount of building work completed worldwide will increase to around USD 4 trillion. Moreover, the size of the world construction industry was over USD 8 trillion in 2022 and is expected to grow to USD 16 trillion by 2029.

In addition to this, a factor that is believed to fuel the growth of the self-compacting concrete market is the increase in the need for vibration-free concrete. Vibrations might affect the entire construction, therefore self-compacting concrete is extensively being used since it has a high fluidity type that doesn't vibrate, which speeds up construction and lessens related difficulties.