Ultra High Performance Concrete Market Size & Growth by [2022-2029] | Fortune Business Insights™

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Pune, India, Feb. 14, 2022 (GLOBE NEWSWIRE) — The increasing utilization of UHPC in the infrastructure and construction sector is expected to aid the expansion of the ultra high performance concrete market, states Fortune Business Insights, in a report, increasing government initiatives is expected to stimulate the growth of the market.

The ultra-high-performance concrete (UHPC) market report offers explanations on the following subjects:

  • What is the estimated market value?
  • What strategies are adopted by the companies?
  • What are the key market trends, drivers, and restrictions?
  • Which region holds the maximum share in the global market?
  • Latest developments occurred in recent times?

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Market Driver:

Collaboration between CEMEX Ventures and Tefken Ventures to Boost Market

The increasing partnerships and collaborations among major players are expected to foster the healthy growth of the market. For instance, in March 2019, CEMEX Ventures, a corporate venture capital arm of Cemex announced that it signed a partnership with Tefken Ventures. The deal between the companies is expected to facilitate innovative business models along with stakeholders in the construction industry.

Furthermore, the increasing development of highways, roads, and bridges in developing nations is expected to create opportunities for the market. The growing awareness about the resilience properties of UHPC is expected to increase its application in construction operations. The refurbishment and repair of existing roads and bridges in developed countries are expected to augur well for the market. Furthermore, the shift from conventional concrete products to UHPC owing to its high strength, energy capacity, and durability can have an …

Full story available on Benzinga.com

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