Self-Healing Concrete Market Size, Share, Opportunities, And Trends By Type (Biotic, Abiotic), By preparing method (Direct method, Encapsulation), By Application (Repair work, New Construction), By industry vertical (Building & construction, Oil & gas), And By Geography - Forecasts From 2023 To 2028
- Published : May 2023
- Report Code : KSI061615362
- Pages : 148
Market Overview:
Concrete is the most often utilized material on Earth after water. Concrete and cement are the cornerstone of existence, used in everything from construction and industry to infrastructure and coastal defense. A significant environmental impact is also caused by the construction industry. Up to 8% of worldwide carbon emissions are produced by cement production alone, which is higher than aviation (2.5%), but lower than the agricultural sector (12%) (Source: Netherlands environmental assessment agency). To increase the sustainability of construction materials while keeping them accessible and adaptable, creative thinking is required. Self-healing concretes are one method of reducing corrosion risk since they eliminate the requirement to find and fix cracks. This provides advantages for society, the economy, and the environment since it eliminates or lessens the need for maintenance, lengthens product life, and/or uses fewer resources.
Growth Factors:
- Need for a better alternative in the US
The robust growth of the global construction sector is one of the key factors impacting the market. The necessity for long-lasting, reliable, and ecologically friendly structures is driving the industry's growth. The annual cost of fissure repairs to concrete structures in the United States is $12 billion (Source: pnnl.gov). Furthermore, the ecology is harmed by the widespread use of traditional concrete. The patented invention from PNNL, which was recognized with a 2020 R&D 100 Award, blends certain polymers with cement to create concrete that self-heals cracks within 24 hours of their occurrence. The self-healing cement developed by PNNL has the potential to significantly alter US businesses that use cement and concrete in high-temperature, high-pressure settings, like geothermal energy facilities and oil and gas wellbores.
Also, there is a lot of damaged concrete in the U.S. military. The Army, Air Force, Navy, and Marines' facilities and infrastructure are always in need of maintenance, and there are tens of billions of dollars’ worth of repair backlogs. While structural damage to shipyards, airplane hangars, and runways is so severe that it is delaying Air Force and Navy missions, living conditions in base housing have been declining for years. To remedy this, the Defense Advanced Research Projects Agency (DARPA) is working to provide actual "self-healing capabilities”. The Bio-inspired Restoration of Aged Concrete Edifices (BRACE) project, which was unveiled in March 2022, will build "vascular systems" within the concrete and inject liquid "healing ingredients" that will flow through the structures to repair any cracked and crumbling concrete.
- The construction industry in India
The Indian government is also attempting to incite a strong push through legislation to ensure that India has a top-notch infrastructure, giving it a new sense of identity. Government initiatives like the Make in India campaign encourage domestic manufacturing processes, making it straightforward to get the raw materials required by the construction industry. For instance, a bill to establish the National Bank for Financing Infrastructure and Development (NaBFID), a $2.5 billion development finance institution, was approved by Parliament in March 2021 to finance infrastructure projects in India (Source: investindia.gov).
Restraints:
Being such a novel material, bio-based self-healing concrete, standards are still being developed. The addition of bacteria and water-absorbent polymers may increase the cost of self-healing concrete, rendering it unworkable for projects requiring large quantities of material. Self-healing concrete should only be utilized in large, expensive projects once its long-term safety has been properly proven. Engineers thinking about employing it should compare its functionality and cost to traditional concrete.
Key developments:
- October 2021: A team from the Polytechnic University of Valencia (UPV) and the Politecnico di Milano created a brand-new ultra-resistant and self-healing concrete substance as part of the European project ReSHEALience. When compared to traditional high-performance concrete, it has 30% more endurance to withstand cracking, according to the report. The use of self-healing processes enables it to autonomously mend itself in the event of a crack. The project's ultra-high-strength cementitious compounds were employed to construct six sizable pilot structures that are being tested under actual structural operating circumstances as part of the validation phase.
- February 2022: JP Concrete was able to deliver its sustainable "self-healing concrete" product for the construction industry more quickly thanks to Innovate UK's Scaling the Edge program. Innovative concrete product maker JP Concrete, situated in Nottinghamshire, had been working on eco-friendly building materials that produce strong structures while also being nice to the environment. The business decided to offer it under the Sensicrete brand as a distinct product line. Sensicrete is now expanding its product line by including "eco-engineered" items that draw their design cues from nature and promote biodiversity around concrete structures while minimizing their impact on the surrounding environment.
- April 2022: With the introduction of three specialized concrete boosting products, Basilisk Self-Healing Concrete opens its first Caribbean office in St. Maarten. The Delft University of Technology has created Basilisk Self-Healing Concrete, which is based on an autonomous healing system made possible by microorganisms that produce limestone (bacteria). Specialized nutrients are converted to calcium carbonate by the bacteria when they come into contact with oxygen and water (limestone). Due to the production of limestone, cracks are automatically fixed, enhancing the structural concrete's longevity and preventing leaks and further concrete damage.
Self-Healing Concrete Market Scope:
Report Metric | Details |
Growth Rate | CAGR during the forecast period |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Type, Preparing Method, Application, Industry Vertical, and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Basilisk, Penetron, JP Concrete Products Ltd., Sika AG |
Customization Scope | Free report customization with purchase |
Segmentation
- By type
- Biotic
- Abiotic
- By preparing method
- Direct method
- Encapsulation
- By application
- Repair work
- New Construction
- By industry vertical
- Building & construction
- Oil & gas
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- United Arab Emirates
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Taiwan
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Covid-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Driver
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of End-Users
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SELF-HEALING CONCRETE MARKET, BY TYPE
5.1. Introduction
5.2. Biotic
5.3. Abiotic
6. SELF-HEALING CONCRETE MARKET, BY PREPARING METHOD
6.1. Introduction
6.2. Direct Method
6.3. Encapsulation
7. SELF-HEALING CONCRETE MARKET, BY APPLICATION
7.1. Introduction
7.2. Repair Work
7.3. New Construction
8. SELF-HEALING CONCRETE MARKET, BY INDUSTRY VERTICAL
8.1. Introduction
8.2. Building & Construction
8.3. Oil & Gas
9. SELF-HEALING CONCRETE MARKET, BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. USA
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. Germany
9.4.2. France
9.4.3. United Kingdom
9.4.4. Italy
9.4.5. Spain
9.4.6. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. Israel
9.5.3. United Arab Emirates
9.5.4. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. Japan
9.6.3. South Korea
9.6.4. India
9.6.5. Australia
9.6.6. Indonesia
9.6.7. Thailand
9.6.8. Taiwan
9.6.9. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. COMPANY PROFILES
11.1. Basilisk
11.2. Penetron
11.3. JP Concrete Products Ltd.
11.4. Sika AG
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