Smooth and level concrete surfaces play an important role in
installing resilient flooring in the building & construction industry.
Efforts are being made in new construction projects to reduce the cost of
construction. Currently, availability of cement finishers or labor is
declining. Therefore, a product that can resolve the issue related to floor
leveling and repair is needed. Self-leveling concrete provides a cost-effective
solution to this issue. Many think self-leveling means cement will
automatically 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 has
low 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 and
finishing is done with the help of smoother. Self-leveling concrete is
different from traditional concrete materials. It contains polymer modified
cement. Self-leveling concrete also requires less amount of water for
placement. It is used to create smooth and flat surface. Rise in construction
activities in developing nations is the major factor expected to drive the
demand for self-leveling concrete during the forecast period. However, high
cost of self-leveling concrete compared to traditional concrete and less
awareness in underdeveloped countries in Asia and Africa may hamper the self-leveling concrete market.
Based on types, the self-leveling concrete market can be
segmented into toppings or overlayment and underlayment. Underlayment is
projected to exhibit significant growth rate during the forecast period.
Underlayment self-leveling concrete is poured on existing subfloor surface
before installation of tiles, floor coverings, etc. Rapid growth in
industrialization and commercialization, and increase in residential
applications are attributed to drive the demand for underlayment self-leveling
concrete during the forecast period. Self-leveling overlayment concrete is used
for decorative purpose. Decoration can be done by mixing self-leveling
overlayment concrete with integral color.
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Based on application, the self-leveling concrete market can be
segmented into commercial and residential. The commercial segment accounted for
major share of the market in 2016. It is projected to be a key application
segment during the forecast period. It is also anticipated to exhibit
significant growth rate compared to that of the residential segment in the near
future. Rise in the number of commercial complexes, retail stores, educational
buildings, new restaurants, renovation of existing restaurants, shops in
developing as well as developed regions is the prominent factor boosting the
demand for self-leveling concrete.
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Based on region, self-leveling concrete market can be segmented
into North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. Asia Pacific accounted for major share of the self-leveling concrete
market in 2016. It is likely to remain the dominant region during the forecast
period. Asia Pacific is also expected to exhibit significant growth rate
compared to other regions during the forecast period. The most populous
countries in the world such as India and China are the prominent consumers of
self-leveling concrete. Rise in demand for commercial and residential projects
in these countries and government initiatives toward development of
industrialization hubs, educational institutes, and health care institutes are
propelling the demand for self-leveling concrete in these countries during the
forecast period. After Asia Pacific, Europe is anticipated to exhibit
significant share of the self-leveling concrete market during the forecast
period.
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Prominent players operating in the self-leveling concrete
include LafargeHolcim, Ardex Group, Saint-Gobain S.A., Duraamen Engineered
Products, Inc., and MYK Schomburg India Pvt. Ltd.
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