Substantial investments in projects to revamp the construction industry in the US and Europe will also help to generate ample growth prospects for the rapid strength concrete market, continued Global Market Insights.

Highway development will be a key sector driving growth in demand for rapid growth concrete with this segment expected to grow at a CAGR of 6.5% to 2024. “This is chiefly due to the need to expand the highways across the global, along with maintaining and repairing old highways,” Global Market Insights said.