Quick Summary:
In the ever-expanding domain of construction and civil engineering, the significant role of the global concrete admixtures market cannot be overlooked. Renowned for powerful properties including durability, finish ability, workability, and compressive strength, concrete admixtures directly contribute towards streamlining the building process, enhancing overall quality, and curbing costs associated with construction projects. Serving a variety of applications, these admixtures see extensive utilization in industrial facilities, residential buildings, transportation infrastructure, and social/commercial complexes, with their importance only set to increase further in the future.
In the wake of dynamic economic development and increasing construction activities worldwide, and particularly in emerging regions marked by rapid population growth, the demand for concrete admixtures is consistently being fuelled. From residential to commercial and infrastructural applications, concrete admixtures are employed extensively to ensure the quality of the final product. Continuous innovation, like the development of environmentally-friendly products that minimize carbon footprint, only bolsters the appeal and reach of this market. Infrastructure upgrades in smart cities, increased consumer expenditures, and governmental initiatives promoting infrastructure development are yet other factors contributing to the further growth of this market. The in-depth analysis offered by this report promises to shed light on key trends, market segmentation, and figures predicted for a detailed overview on both a global, regional and country level.
An admixture refers to a natural or chemical substance that is added to the concrete, in addition to water, cement, and aggregate, to alter its properties. Retarders, fly ash, silica fume, plasticizers, accelerators, air entering mixture, synthetic calcium-silicate-hydrate (CSH) and superplasticizers are some of the commonly used concrete mixtures. Concrete admixtures exhibit various properties, such as workability, finish ability, durability, water reduction, accelerating strength, corrosion inhibition, and compressive strength. They assist in improving the quality of the concrete during the stages of transport and mixing, ensuring specific required properties of cured concrete are met, and eliminating adverse chemical reactions, thus reducing the overall costs of building construction. As a result, concrete admixtures are widely used in the construction of industrial amenities, residential buildings, surface transportation infrastructure projects, and social and commercial complexes.
Concrete Admixtures Market Trends:
Steadily increasing construction of residential buildings due to rapid population expansion, particularly in developing regions, represents one of the key factors creating a positive outlook for the market. Concrete admixtures are widely used to modify the properties of hardened concrete and ensure the quality of concrete during mixing, transporting, placing, and curing. Apart from this, various product innovations, such as the introduction of durable and environmentally friendly concrete admixtures that aid in reducing carbon footprint, are providing an impetus to the market growth. Moreover, the increasing employment of plasticizers in residential, industrial and commercial structures as it aids in minimizing water content from concrete and offers high durability and strength, are positively impacting the market growth. Other factors, including the rising expenditure capacities of consumers, increasing establishments of smart cities, and the implementation of various government initiatives promoting infrastructural development, are anticipated to drive the market further toward growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global concrete admixtures market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on product and end user.Breakup by Product:
- Water Reducing Admixtures
- Plasticizers
- Superplasticizers
- Waterproofing Admixtures
- Accelerating Admixtures
- Air-Entraining Admixtures
- Retarding Admixtures
- Others
Breakup by End User:
- Residential
- Commercial
- Infrastructure
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, CAC Admixtures, CEMEX S.A.B. de C.V., CICO Group, Fosroc Inc. (JMH Group), Fritz-Pak Corporation, GCP Applied Technologies Inc. (Compagnie de Saint-Gobain S.A.), Mapei S.p.A., Pidilite Industries Limited, Rhein-Chemotechnik GmbH, RPM International Inc. and Sika AG.Key Questions Answered in This Report:
- How has the global concrete admixtures market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global concrete admixtures market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global concrete admixtures market and who are the key players?
- What is the degree of competition in the industry?
What is the estimated value of the Global Concrete Admixtures Market?
What is the growth rate of the Global Concrete Admixtures Market?
What is the forecasted size of the Global Concrete Admixtures Market?
Who are the key companies in the Global Concrete Admixtures Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | September 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 16.2 Billion |
| Forecasted Market Value ( USD | $ 30.6 Billion |
| Compound Annual Growth Rate | 11.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
Table of Contents
Companies Mentioned
- BASF SE
- CAC Admixtures
- CEMEX S.A.B. de C.V.
- CICO Group
- Fosroc Inc. (JMH Group)
- Fritz-Pak Corporation
- GCP Applied Technologies Inc. (Compagnie de Saint-Gobain S.A.)
- Mapei S.p.A.
- Pidilite Industries Limited
- Rhein-Chemotechnik Gm
Methodology
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