he global self-healing concrete market size was USD 34.10 Billion in 2021 and is expected to register a steady revenue CAGR during the forecast period, according to latest analysis by Emergen Research. Rising investment in large-scale infrastructure projects and increasing cooperation among countries to invest in infrastructure projects for long term benefits are major factors expected to continue to drive market revenue growth during the forecast period.
Rising investment in large-scale infrastructure projects is a significant factor boosting global demand for self-healing concrete. Various countries are cooperating and investing in infrastructure projects for long term benefits and this is a key factor contributing to revenue growth of the global self-healing concrete market. Rising investment in large-scale infrastructure projects and smart cities is a significant factor boosting revenue growth of the global self-healing concrete market currently. Increasing opportunities in developing countries and improving ease of doing business, is resulting in large enterprises making a considerable investment in offshore infrastructure projects.
This is expected to lead to rise in demand for self-healing concrete for numerous civil infrastructure projects, with the objective being to leverage the potential of advanced construction materials and extended life-span of such constructions resulting in sustainability and lower maintenance and repair costs in future.