Self-Healing Concrete Market Great Opportunities Available For The Vendors
Self-Healing Concrete Market – Overview
Concrete is the single most widely used material in the construction and infrastructure industry. Any structure containing concrete is susceptible to corrosion due to environmental factors such as extreme heat and cold. Such conditions lead to the development of cracks in the structure, which can lead to structural weakness over a period of time if not repaired promptly. These repair and maintenance activities add to the overall maintenance cost. This prompted research and development activity to look for cheaper alternatives. Self-healing concrete is a technology invented to overcome these difficulties. Certain chemicals are mixed with the concrete during the manufacturing process whose properties get activated when the structure starts deteriorating, thus reducing the need for reinforcement. Self-healing concrete is of two main types: bio-based and synthetic-based. Microorganisms such as bacteria and fungi are mixed with the cement during the concrete manufacturing process which release their properties when exposed to atmospheric elements such as air and moisture. Similarly, when synthetic polymers are mixed with the cement, they react with air & moisture and cause the structural damage to repair itself. Self-healing concrete gets its name from this property.
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Self-Healing Concrete Market – Drivers and Restraints
Rising investment in the infrastructure sector and need to reduce overall structural maintenance costs are expected to be the key drivers of the global self-healing concrete market during the forecast period. The use of self-healing concrete presents immense benefits in terms of overall reduction of expenditure for repair and maintenance. Researchers have found these benefits to be up to 50%, which is a significant reduction. Cost-reduction through the development of cheaper versions of self-healing concrete would help raise the consumption of the product and enable wider distribution of the benefits associated with it. The benefits for larger structures, especially the underground ones, are significant. Focus toward improving durability of structures is anticipated to drive the global self-healing concrete market.
As with any research and development activity, the gestation period until final implementation of a technology takes a long time. The same goes for the global self-healing concrete market. This is expected to lead to high initial cost of production till the technology is scaled up to meet demand, which is a restraint for the market.