The global dry concrete market size was worth around USD 3.07 billion in 2023 and is predicted to grow to around USD 6.04 billion by 2032 with a compound annual growth rate (CAGR) of roughly 7.94% between 2024 and 2032.
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Overview of the Dry Concrete Market
The concrete is able to attain the appropriate moisture level for its intended purpose when it is dry. The dry concrete mixture contains a sufficient amount of water to initiate cement hydration within the range of 0.30 to 0.38 without the use of any admixtures. Dry concrete has the following advantages: increased production, reduced shrinkage and creep, which enhances strength, lower water permeabilities, more rapid curing rates, reduced overall concrete construction costs, and reduced hydrostatic pressures. Additionally, this dry mix concrete is primarily employed in the construction of building foundations, fence openings, sidewalks, and pavements.
The global dry concrete market is currently experiencing substantial growth, which is expected to persist in the years ahead. The market is expected to be significantly influenced by the substantial increase in demand for dry concrete that is a result of the expansion of construction activities. The dry concrete market is anticipated to experience growth in the coming years as a result of the growing demand for dry concrete from the cement industry for cement quality checks, as well as the increased investments in infrastructural activities. It is anticipated that the demand for dry concrete will rise in the years ahead due to population growth, accelerated industrialization, urbanization, and government infrastructure initiatives. The dry concrete market’s expansion may be impeded by the exorbitant cost of dry concrete. The main players of the market are expected to establish new opportunities as a result of the increase in construction and infrastructure development activities in emerging countries.
The study encompasses the drivers and restraints of the dry concrete market, as well as the influence they have on demand during the forecast period. The report also examines the dry concrete market on a global and regional scale, including the analysis of opportunities and various trends.
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The Global Dry Concrete Market is segmented based on product, application and region
Global Dry Concrete Market: Product Segment Analysis
● High-performance Concrete
● Self-consolidating Concrete
● Others
Global Dry Concrete Market: Application Segment Analysis
● Residential Building
● Commercial Building
● Industrial Building
● Others
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The Global Dry Concrete market profiles key players such as:
● Sika Corporation
● US Concrete Products
● Shope Concrete
● Rochester Concrete Products
● United Concrete Products
● MST Concrete Products Inc.
● Standard Concrete
● FP McCann
● Utility Concrete Products
● ACP Limited
● Abbotsford Concrete Products
● Hannibal Concrete Products
● Wieser Concrete
Regional Analysis of the Dry Concrete Market
The market is divided into five geographic segments: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2018, the Asia Pacific region was the most revenue-generating region. Additionally, the region’s market development is fueled by rapid industrialization and urbanization.
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