The energy-storing concrete market was estimated to be worth USD 1.2 billion globally in 2022, and over the forecast period, a CAGR of 18.2% is anticipated. The market is expanding dramatically as a result of the growing need for renewable energy solutions. The market is expanding as awareness of energy-efficient technologies grows. The possibility of lowering dependency on conventional power grids is largely fueling the market's expansion.

The industry is seeing an increase in demand due to the growing number of smart city projects. Construction, infrastructure, and renewable energy are the main factors propelling the market's expansion. The market is expanding as a result of rising demand for mechanical, electrical, and thermal energy storage systems.

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Growth Drivers
The market for energy-storing concrete is expanding due to increased awareness of and emphasis on sustainable construction methods. This material provides an environmentally beneficial substitute for conventional building materials. The development of energy-storing technologies is required to handle intermittent power generation as we move toward renewable energy sources. Concrete with built-in energy storage offers a way to store extra energy produced by renewable sources like solar and wind power.

Adoption of energy-storing concrete is accelerated by the growing emphasis on energy-efficient infrastructure and buildings. Energy-storing concrete lowers energy expenses and consumption by storing and releasing energy as needed. In order to sustainably fulfill the expanding energy needs of urban areas, there is a huge demand for new building materials such as energy-storing concrete, which is being produced by rapid urbanization and infrastructural development worldwide.
Segmentation
Material Type
· Traditional Concrete
· High Performance Concrete
· Special Admixtures
Application
· Buildings
· Bridges
· Roads
· Pavements
· Other Infrastructure Projects
Technology
· Phase Change Materials
· Kinetic Energy Storage
· Thermal Energy Storage
Regional Outlook
· Asia Pacific
· North America
· Europe
· Latin America
· Middle East and Africa
Key Players
· BASF Coatings Services S.A.
· Pantheon Enterprises
· Solidia Technologies
· Cellcrete technologies
· Blue Planet Environmental Solutions
· CarbonCure Technologies
· Cellcrete Technologies
· XTreeE, The large-scale 3D
· Heidelberg Cement India
· Other Players
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