The SCC tester market is predicted to witness a steady growth at a 5%-6% CAGR during the forecast period of 2022 to 2032. Increasing investments in the construction and infrastructure sector across various countries will augment the growth in the market.
Report Attribute | Details |
---|---|
SCC tester Market Projected Growth Rate (2022 to 2032) | 5% - 6% CAGR |
Government agencies are interested in improving the construction and infrastructure of their respective nations. As SCC testers are used to ascertain the strength and superiority of concrete, demand in the construction sector is expected to increase over the forecast period.
An SCC tester, or a slump cone tester, is used to determine the properties of fresh concrete. The equipment conducts tests to determine the slum flow and the compacting time of fresh concrete.
One of the core aspects of construction is concrete testing. The strength and grade of concrete is crucial in the construction of any building or structure. Increasing applications of SCC tester in areas such as construction of pipes, drains, roads, dams, bridges, and buildings will continue fueling sales of SCC testers.
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The prominent feature that drives sales of SCC testers is that they offer more benefits at a lower cost. SCC testers offer the easiest test to determine strength and workability of concrete. The cost of SCC testers is also quite low. Further, test report provided by an SCC tester is often immediate.
Manufacturers are making use of advanced technologies to introduce SCC testers that offer multiple advanced features. For instance, a low-cost steel sheet SCC tester that is corrosion resistant, lightweight and portable, was manufactured and introduced by Multiserw-Morek.
Another factor that is substantially accentuating the growth in the SCC tester market is the low maintenance cost. SCC testers provide immediate results and do not require extensive maintenance.
Several elements can impact the result of the concrete testing. Mixing methods, admixtures, properties of materials, and dosage can impact the test calculations, producing incorrect results. Invalid results given out by SCC testers can adversely impact the construction of any building, thereby restraining growth in the SCC tester market.
Neglecting even minimal maintenance such as cleaning the tester before and after use further affects the working of SCC testers. These factors might limit sales of SCC testers over the forecast period.
Asia Pacific is anticipated to register significant growth in the SCC tester market. This is primarily due to the involvement of various government agencies and the policies implemented by them to further develop the construction and infrastructure sector. The resultant growth of the construction sector is expected to boost sales of SCC testers in Asia Pacific.
Expansion in the construction sector across countries such as India, China and South Korea will continue augmenting the growth in the market over the forecast period.
Europe is expected to account for a dominant share in the global SCC testers market over the forecast period. Government funding with respect to automation and construction will propel demand for SCC testers in countries such as Germany, the UK, and France. Such developments are expected to bode well for the growth in the market in the forthcoming years.
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The global SCC tester market is moderately competitive. Key players present in SCC tester market are Aimil Ltd., Acme scientific International, MICROTEKNIK, Sun LabTek Equipments Pvt. Ltd., NL Scientific Instruments Sdn Bhd, HUMBOLDT Mfg. Co., MATEST, among others.
Leading players are investing in research and development activities to manufacture new products and expand their current product portfolios to retain consumers.
Report Attribute | Details |
---|---|
Growth Rate | 5% - 6% |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Test, End Result, Application, End User, Region |
Countries Covered | North America (USA., Canada), Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM), Europe (Germany, Italy, UK, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe), CIS & Russia, Japan, Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ), Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA) |
Key Companies Profiled | Aimil Ltd.; Acme scientific International ; MICROTEKNIK; Sun LabTek Equipments Pvt. Ltd. ; NL Scientific Instruments Sdn Bhd ; HUMBOLDT Mfg. Co.; MATEST |
Customization | Available Upon Request |
SCC tester market is expected to register a CAGR of 5%-6% for the forecast period 2022-2032.
Asia Pacific and Europe are expected to lead the global SCC tester market over the forecast period.
Aimil Ltd., Acme scientific International, MICROTEKNIK, Sun LabTek Equipments Pvt. Ltd., NL Scientific Instruments Sdn Bhd, HUMBOLDT Mfg. Co., MATEST are some of the key players of SCC tester market.
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