Smooth and level concrete surfaces play an important role ininstalling resilient flooring in the building & construction industry.Efforts are being made in new construction projects to reduce the cost ofconstruction. Currently, availability of cement finishers or labor isdeclining. Therefore, a product that can resolve the issue related to floorleveling and repair is needed. Self-leveling concrete provides a cost-effectivesolution to this issue. Many think self-leveling means cement willautomatically level itself when it is poured in the center of room. However,this is not the case. Self-leveling means that mixture of powder and water haslow viscosity so that material is allowed to set itself before setting. After that, with the help of gauge rake, it is moved to the desired place andfinishing is done with the help of smoother. Self-leveling concrete isdifferent from traditional concrete materials. It contains polymer modifiedcement. Self-leveling concrete also requires less amount of water forplacement. It is used to create smooth and flat surface. Rise in constructionactivities in developing nations is the major factor expected to drive thedemand for self-leveling concrete during the forecast period. However, highcost of self-leveling concrete compared to traditional concrete and less awarenessin underdeveloped countries in Asia and Africa may hamper the self-levelingconcrete market.
Based ontypes, the self-leveling concrete market can be segmented into toppings oroverlayment and underlayment. Underlayment is projected to exhibit significantgrowth rate during the forecast period. Underlayment self-leveling concrete ispoured on existing subfloor surface before installation of tiles, floorcoverings, etc. Rapid growth in industrialization and commercialization, andincrease in residential applications are attributed to drive the demand forunderlayment self-leveling concrete during the forecast period. Self-levelingoverlayment concrete is used for decorative purpose. Decoration can be done bymixing self-leveling overlayment concrete with integral color.
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Based onapplication, the self-leveling concrete market can be segmented into commercialand residential. The commercial segment accounted for major share of the marketin 2016. It is projected to be a key application segment during the forecastperiod. It is also anticipated to exhibit significant growth rate compared tothat of the residential segment in the near future. Rise in the number ofcommercial complexes, retail stores, educational buildings, new restaurants,renovation of existing restaurants, shops in developing as well as developedregions is the prominent factor boosting the demand for self-leveling concrete.
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Based onregion, self-leveling concrete market can be segmented into North America,Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacificaccounted for major share of the self-leveling concrete market in 2016. It islikely to remain the dominant region during the forecast period. Asia Pacificis also expected to exhibit significant growth rate compared to other regionsduring the forecast period. The most populous countries in the world such asIndia and China are the prominent consumers of self-leveling concrete. Rise indemand for commercial and residential projects in these countries andgovernment initiatives toward development of industrialization hubs,educational institutes, and health care institutes are propelling the demandfor self-leveling concrete in these countries during the forecast period. AfterAsia Pacific, Europe is anticipated to exhibit significant share of theself-leveling concrete market during the forecast period.
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Prominentplayers operating in the self-leveling concrete include LafargeHolcim, ArdexGroup, Saint-Gobain S.A., Duraamen Engineered Products, Inc., and MYK SchomburgIndia Pvt. Ltd.
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