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The global ultra high performance concrete (UHPC) market size was valued at USD 371.0 million in 2021. The market is projected to grow from USD 388.3 million in 2022 to USD 574.7 million by 2029, exhibiting a CAGR of 5.8% during the forecast period.
The increasing utilization of UHPC in the infrastructure and construction sector is expected to aid the expansion of the market, states Fortune Business Insights, in a report, Increasing government initiatives is expected to stimulate the growth of the market.
Information Source:
https://www.fortunebusinessins....ights.com/ultra-high
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
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?