Lucintel's latest market report analyzed that ultra-high performance concrete provides attractive opportunities in the road & bridge construction, building construction, and military construction applications. The ultra-high performance concrete market is expected to reach $XX billion by 2028 with a CAGR of 8% to 10%. In this market, slurry-infiltrated fibrous concrete (SIFCON) is the largest segment by product type, whereas road & bridge constructions is largest by application. Increase the adoption of advance services and introduction of new ultra-high-performance seawater sea-sand concrete provides strategic growth path in this market.
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Based on product type, the ultra-high performance concrete market is segmented into slurry-infiltrated fibrous concrete (SIFCON), reactive powder concrete (RPC), and compact reinforced concrete (CRC). The slurry-infiltrated fibrous concrete (SIFCON) segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to enhanced stability under dynamic, fatigue, and repetitive loading regimes due to its high strength and ductility.
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The Ultra-High Performance Concrete Market is marked by the presence of several big and small players. Some of the prominent players offering ultra-high performance concrete include Lafarge S.A., Sika AG, RAMPF Holding GmbH & Co. KG, Densit, ceEntekPte, ElementbauOsthessen GmbH & Co., ELO KG, TAKTL, Gulf Precast Concrete.
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