Market Size of self leveling concrete Industry
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Study Period | 2018 - 2030 |
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Market Volume (2024) | 23.64 Million Cubic meters |
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Market Volume (2030) | 30.01 Million Cubic meters |
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Largest Share by End Use Sector | Commercial |
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CAGR (2024 - 2030) | 4.06 % |
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Largest Share by Region | Europe |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Self Leveling Concrete Market Analysis
The Self Leveling Concrete Market size is estimated at 23.64 million Cubic meters in 2024, and is expected to reach 30.01 million Cubic meters by 2030, growing at a CAGR of 4.06% during the forecast period (2024-2030).
23.64 Million
Market Size in 2024 (Cubic meters)
30.01 Million
Market Size in 2030 (Cubic meters)
2.74 %
CAGR (2018-2023)
4.06 %
CAGR (2024-2030)
Largest Market by End Use Sector
61.18 %
volume share, Commercial, 2023
Due to the growing usage of self-leveling concrete, coupled with the increasing construction activities across the world, the commercial sector has occupied the largest share of the market.
Fastest Market by End Use Sector
4.53 %
Projected CAGR, Residential, 2024-2030
With the growing usage of self-leveling concrete for applications such as flooring, underlayments, driveways, sidewalks, pool construction, basements, etc., the residential sector is projected to witness the fastest growth.
Largest Market by Region
36.31 %
volume share, Europe, 2023
Due to the high demand for high-strength flooring in factories, warehouses, workshops, garages, etc., in Europe, the consumption of self-leveling concrete increased in the region, making it the largest shareholder in the market.
Fastest Market by Region
4.81 %
Projected CAGR, Asia-Pacific, 2024-2030
Due to growing investments in infrastructure projects, government initiatives, fast-paced urbanization, and industrialization, Asia-Pacific is expected to witness the fastest growth.
Leading Company
5.80 %
market share, Sika AG, 2022
The company's broad range of high-quality products, well-established network, robust supply chain, and strategic expansions and acquisitions in the construction industry make it a major player in the market.
Government initiatives and investments in residential building construction are likely to boost the self-leveling concrete market’s growth
- In 2022, global consumption of self-leveling concrete saw a modest uptick of 0.73% from the previous year, buoyed by heightened demand from the commercial construction segment. Notably, the global commercial new floor area expanded by 0.15% in 2022. The global self-leveling concrete market was projected to record a more robust growth of approximately 8.28% in 2023.
- The commercial sector, commanding a significant share of 61.25% in 2022, stands as the primary consumer of self-leveling concrete. The global commercial new floor area was estimated to scale up to 6.83 billion sq. ft in 2023, driven by surging demand for shopping malls, office spaces, and retail outlets. For instance, Indonesia is set to witness the completion of six shopping malls, adding 292 thousand sq. m by 2025. Consequently, the self-leveling concrete demand in the commercial sector is estimated to surge by 31.43% by 2030 compared to 2023.
- Anticipated as the fastest-growing segment, the residential sector is projected to register a robust CAGR of 4.46% during the forecast period. Factors such as urbanization, government initiatives, and both foreign and domestic investments are fueling housing demand, leading to an uptick in residential construction. For instance, Germany aims to construct a minimum of 4.0 thousand new housing units by 2024, while the Malaysian government has set a target of 500 thousand affordable housing units by 2025. Consequently, the self-leveling concrete demand in the residential sector is expected to surge by 9.23 million cubic meters by 2030 compared to 2023.
Understand The Key Trends Shaping This Market
Expeditious construction activities in Asia-Pacific and South America may bolster the demand for self-leveling concrete
- The global self-leveling concrete market experienced a marginal volume growth of 0.73% in 2022 compared to the previous year. Factors such as inflation, surging raw material costs, and an impending recession led to a decline in construction investments, resulting in project delays and a subsequent dip in self-leveling concrete demand. However, a rebound was anticipated in 2023, with the European self-leveling concrete market leading the way with a robust 10.85% volume growth over 2022.
- Europe emerged as the dominant player in the global self-leveling concrete market in 2022, capturing a significant market share of approximately 7.5 million cubic meters. In 2023, the market was estimated to witness a growth of 0.8 million cubic meters, largely driven by heightened demand from the commercial construction sector. This surge can be attributed to the uptick in retail shopping mall constructions as consumers pivot from online to in-person retail experiences. Additionally, the push for high-energy-efficient office buildings to meet Europe's 2030 carbon emission targets is further bolstering the commercial construction sector, thereby amplifying the demand for self-leveling concrete.
- Asia-Pacific is projected to lead the self-leveling concrete market, with a CAGR of 4.78% in terms of volume, closely followed by South America at 4.28% during the forecast period. Government-backed investments and foreign direct inflows are fueling major residential, industrial, and commercial construction projects, thus creating a favorable landscape for self-leveling concrete demand.
Self Leveling Concrete Industry Segmentation
Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Topping, Underlayment are covered as segments by Product. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.
- In 2022, global consumption of self-leveling concrete saw a modest uptick of 0.73% from the previous year, buoyed by heightened demand from the commercial construction segment. Notably, the global commercial new floor area expanded by 0.15% in 2022. The global self-leveling concrete market was projected to record a more robust growth of approximately 8.28% in 2023.
- The commercial sector, commanding a significant share of 61.25% in 2022, stands as the primary consumer of self-leveling concrete. The global commercial new floor area was estimated to scale up to 6.83 billion sq. ft in 2023, driven by surging demand for shopping malls, office spaces, and retail outlets. For instance, Indonesia is set to witness the completion of six shopping malls, adding 292 thousand sq. m by 2025. Consequently, the self-leveling concrete demand in the commercial sector is estimated to surge by 31.43% by 2030 compared to 2023.
- Anticipated as the fastest-growing segment, the residential sector is projected to register a robust CAGR of 4.46% during the forecast period. Factors such as urbanization, government initiatives, and both foreign and domestic investments are fueling housing demand, leading to an uptick in residential construction. For instance, Germany aims to construct a minimum of 4.0 thousand new housing units by 2024, while the Malaysian government has set a target of 500 thousand affordable housing units by 2025. Consequently, the self-leveling concrete demand in the residential sector is expected to surge by 9.23 million cubic meters by 2030 compared to 2023.
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Self Leveling Concrete Market Size Summary
The self-leveling concrete market is poised for steady growth, driven by increasing demand in both commercial and residential construction sectors. The commercial sector remains the dominant consumer, with significant contributions from the expansion of shopping malls, office spaces, and retail outlets. This demand is further bolstered by the need for high-energy-efficient buildings, particularly in Europe, where regulatory targets are pushing for sustainable construction practices. The residential sector is also expected to experience robust growth, fueled by urbanization, government initiatives, and investments aimed at addressing housing shortages. This dual demand from commercial and residential sectors is anticipated to sustain the market's expansion over the forecast period.
Regionally, Asia-Pacific is projected to lead the market, supported by substantial construction activities in countries like China, India, and Japan. The region's growth is complemented by South America's emerging market, where government-backed initiatives are stimulating residential and commercial projects. Despite challenges such as inflation and raw material costs impacting global construction activities, a rebound is expected, with Europe and Asia-Pacific driving the recovery. The market remains fragmented, with key players like CEMEX, Holcim, and MAPEI S.p.A. playing significant roles in shaping the competitive landscape. These companies are actively expanding their manufacturing capabilities to meet the rising demand for self-leveling concrete across various regions.
Self Leveling Concrete Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)
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1.1 End Use Sector
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1.1.1 Commercial
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1.1.2 Industrial and Institutional
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1.1.3 Infrastructure
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1.1.4 Residential
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1.2 Product
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1.2.1 Topping
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1.2.2 Underlayment
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1.3 Region
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1.3.1 Asia-Pacific
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1.3.1.1 By Country
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1.3.1.1.1 Australia
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1.3.1.1.2 China
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1.3.1.1.3 India
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1.3.1.1.4 Indonesia
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1.3.1.1.5 Japan
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1.3.1.1.6 Malaysia
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1.3.1.1.7 South Korea
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1.3.1.1.8 Thailand
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1.3.1.1.9 Vietnam
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1.3.1.1.10 Rest of Asia-Pacific
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1.3.2 Europe
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1.3.2.1 By Country
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1.3.2.1.1 France
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1.3.2.1.2 Germany
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1.3.2.1.3 Italy
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1.3.2.1.4 Russia
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1.3.2.1.5 Spain
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1.3.2.1.6 United Kingdom
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1.3.2.1.7 Rest of Europe
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1.3.3 Middle East and Africa
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1.3.3.1 By Country
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1.3.3.1.1 Saudi Arabia
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1.3.3.1.2 United Arab Emirates
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1.3.3.1.3 Rest of Middle East and Africa
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1.3.4 North America
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1.3.4.1 By Country
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1.3.4.1.1 Canada
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1.3.4.1.2 Mexico
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1.3.4.1.3 United States
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1.3.5 South America
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1.3.5.1 By Country
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1.3.5.1.1 Argentina
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1.3.5.1.2 Brazil
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1.3.5.1.3 Rest of South America
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Self Leveling Concrete Market Size FAQs
What is the current Global Self Leveling Concrete Market size?
The Global Self Leveling Concrete Market is projected to register a CAGR of 4.06% during the forecast period (2024-2030).
Who are the key players in Global Self Leveling Concrete Market?
CEMEX, S.A.B. de C.V., Holcim, MAPEI S.p.A., Saint-Gobain and Sika AG are the major companies operating in the Global Self Leveling Concrete Market.
