IMARC Group, a leading market research company, has recently releases report titled “Self-Healing Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global self-healing concrete market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the self-healing concrete market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 44.1 Billion |
| Market Forecast in 2028 | US$ 197.4 Billion |
| Growth rate (2023 to 2028) | CAGR of 28.7% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is self-healing concrete?
Self-healing concrete is an artificial building material that automatically mends cracks and damages. It contains a bacterium that produces limestone, which then expands to form a gel upon coming into contact with air and water to fill gaps. Self-healing concrete closes the cracks to safeguard the steel framework from any external impacts and reduces corrosion risk. This concrete is usually available in autonomic and autogenic self-healing variants. The autogenous cement utilizes moisture to ensure the healing process, whereas the autonomous cement uses tablets containing bacteria spores or additional healing agents. Consequently, it is used extensively for constructing industrial, residential, civil, and commercial infrastructures.
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What are the growth prospects and trends in the self-healing concrete industry?
Substantial growth in the construction industry worldwide primarily drives the market for self-healing concrete. Furthermore, the increasing demand for reliable, environment-friendly, and durable constructions also augmenting the market growth. Additionally, the extensive adoption of vascular-based healing technologies to construct modern buildings is further catalyzing the product demand. These technologies involve a network of tubes containing self-healing concrete that is passed through the building walls to reinforce the infrastructure. Moreover, the emergence of several product innovations, such as the development of capsule-based self-healing concrete, will continue to drive the market growth in the coming years.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Form:
- Intrinsic
- Capsule-Based
- Vascular
Breakup by Application:
- Residential
- Industrial
- Commercial
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Amcor plc
- American Thermal Instruments
- Avery Dennison Corporation
- Berry Global Inc.
- Crown Holdings Inc.
- Dupont De Nemours Inc.
- Linde plc
- Multisorb Technologies Inc. (Filtration Group Corporation)
- Point Five Packaging LLC
- R.R. Donnelley & Sons Company
- Sealed Air Corporation
- WestRock Company
- Zebra Technologies Corporation
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