What is the current market size and projected growth of the capsule-based Self-Healing Concrete market?

The market was valued at USD 51.29 billion in 2023 and is projected to reach USD 348.75 billion by 2030, with a forecasted CAGR of 31.5% over the period 2024-2030.

Who pioneered capsule-based self-healing concrete and when?

Henk Jonkers, a microbiologist at Delft University of Technology, pioneered capsule-based self-healing concrete in 2006, identifying bacillus as the optimal healing agent after three years of research.

How does capsule-based self-healing concrete address cracks in structures?

It mimics the natural healing process by secreting a curative substance through fibers or capsules, addressing cracks due to low tensile strength.

What role does the infrastructure sector play in the demand for self-healing concrete?

The infrastructure sector constitutes over 45% of the global demand for self-healing concrete in 2022 and is expected to maintain rapid growth with a substantial CAGR.

What are the main drivers for the growth of the Capsule Based Self-Healing Concrete market?

Key drivers include autonomous repair capabilities, global investment impact, and momentum in the construction sector, fueled by a rise in construction projects across various sectors.