Self-Leveling Concrete Market Trends

Growth Drivers

• Growing Popularity of Self-Leveling Concrete for Construction Activities – Self-leveling concrete is largely being adopted for construction activities as it is a common construction material that is simple to install, may be used before or after construction, and also helps to reduce damage and maintenance expenses.
• Increasing Spending on Infrastructure- Since many countries across the globe are dealing with the challenge of aging infrastructure, therefore, governments in those countries are increasing spending to modernize their infrastructure systems. According to estimates, global capital project and infrastructure spending are estimated to exceed USD 8 trillion by 2025.

Challenges

• Exorbitant Cost of Raw Materials - The high cost is one of the major factors predicted to slow down the market growth. For instance, raw materials such as polymer-based compounds used as adhesives, and grout materials which are added in the process of production are quite expensive. The availability of these materials depends on quality, and market conditions which increase their overall cost.
• Insufficient Awareness about Concrete Items
• Needs Proper Handling owing to its Volatile Nature