Continuous developments in the construction sector across the globe will boost the prospects for the carbon textile reinforced concrete market. There is a surging requirement for non-corrosive materials across structural applications. Carbon textile reinforced concrete can be touted as a composite derived from a cementitious matrix and non-corrosive fabrics that have excellent mechanical behavior and high load-bearing capacities.
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These materials provide strength and stiffness to the polymers to keep the fibers together in the form of a matrix. Furthermore, the micro- or macro fibers employed in the reinforced concrete structures can be either synthetic or natural.
Estimates suggest that the global carbon textile reinforced concrete market size could expand at an exponential growth rate through the next few years.
Potential in the construction of buildings
Application of carbon textile reinforced concrete market materials across buildings will garner considerable traction. This is due to their excessive adoption as innovative building material for effectively maintaining the existing structures and producing new lightweight precast components. They are increasingly preferred over steel to limit the chances of corrosion. Besides, they offer higher flexibility and versatility while meeting the changing and innovative requirements across the construction vertical. The concrete materials also render improved tensile strength and ductility among other features.
Scope across bridge applications
Annual revenue from carbon textile reinforced concrete market components in bridge applications is poised to strike a prominent growth rate. This is because of their lower maintenance and lifetime costs. The textile-reinforced concrete materials make use of mesh-like textile reinforcements as well as fine-grained concrete as their basic constituents. The concrete shows resistance against corrosion in comparison to steel. It is hence used in the slender concrete construction of bridges to cater to the rising needs of modern architecture in terms of economic and environmental properties.
Europe to define regional trends
The carbon textile reinforced concrete will witness an escalation in demand. This can be owed to the expanding infrastructural activities across the region. To cite an example, in June 2020, the first-ever building to be made from carbon-fiber-reinforced concrete started its construction in Germany. The structure is a 2,200-SF, two-story building located on the premises of the Technical University Dresden in the country.
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Competitive initiatives and strategies
Providers of carbon textile reinforced concrete market structures are aiming at novel product launches to sustain the growing competition while catering to the rising consumer requirements. These firms are also indulging in marketing strategies like acquisitions, product differentiation, capacity expansions, and partnerships to expand their portfolio in terms of diversified offerings.
For instance, Tradecc, in November 2019, introduced a very low viscous and fast-reacting two-component polyurethane injection resin, PC Tunnelinject to assist in sealing of the concrete cracks. Solidian GmbH, Hering Architectural Concrete, CarboCon GmbH, Raina Industries Pvt Ltd, ADCOS NV, and Weserland GmbH, are other major industry participants in the sector.
The ongoing coronavirus brought a negative impact on the production and supply of carbon textile reinforced concrete components considering the stalled activities in the construction sector. However, with all the business processes picking up pace, the industry forecast is anticipated to rise in the coming time.