Concrete Admixtures Market Size to Expand Significantly by the End of 2027 [news]
Stratview Research has published a new report titled “Concrete Admixtures Market” which is segmented by Material Type (Mineral and Chemical), by Product Type (Superplasticizers, Normal Plasticizers, Accelerating Agents, Air-Entraining Agents, Retarding Agents, Waterproofing Agents, and Others), by Application Type (Residential, Commercial, and Infrastructure), by Region (NA, Europe, APAC, ROW).
As per the study, the market offers a strong growth opportunity and is likely to grow at >8% CAGR during the forecast period. Increasing building & construction activities and infrastructure projects, improving quality of construction in developing countries, and the requirement for reduction in water usage & construction time are the major growth drivers of the global concrete admixtures market. The growing need for repair and maintenance of the aging house in developed economies is also likely to substantiate the growth of the concrete admixtures market during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the Application type, Concrete admixtures are used in residential, commercial, and infrastructure construction projects worldwide. All three application segments accounted for a healthy share of the global concrete admixtures market in 2019. Infrastructure was the largest concrete admixtures market in 2019, driven by increasing infrastructure development activities by developing countries, mainly in Asia-Pacific and the Middle East regions. Concrete admixtures are used in various areas of infrastructure, such as bridges, roads, dams, tunnels, water reservoirs, sewage and water treatment plants, and subway systems.
Based on the Product type, Water reducing agents (Superplasticizers and normal plasticizers) are expected to remain the largest product type in the global concrete admixtures market during the forecast period. They are low-cost admixtures and are widely preferred across the regions. Air-entraining agents are expected to witness the fastest growth in the next five years.
Which Region is expected to remain the largest market?
Asia-Pacific is expected to remain the largest concrete admixtures market during the forecast period. The region is likely to witness double-digit growth in the next five years, driven by the high focus of government on infrastructure development in developing economies, increasing urbanization & migration towards cities, and the need for improving the quality of construction. China and India will remain the growth engines of the Asia-Pacific concrete admixtures market in the next five years. There is a healthy demand for concrete admixtures expected in all three application segments; commercial, residential, and infrastructure in the Asia-Pacific region.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, enabling strategic decision-making for the existing market players willing to enter the market. The following are the key players active in the Concrete Admixtures Market:
• The Dow Chemical Company
• BASF SE
• Sika AG
• W.R. Grace
• RPM International, Inc.
• Fosroc International
• Cico Technologies
• Pidilite Industries
• MAPEI.
Key questions answered by the report
• What is the projected CAGR for revenue from the Concrete Admixtures Market during the forecast period?
• What would the market be valued at by 2027?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Concrete Admixtures Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
As per the study, the market offers a strong growth opportunity and is likely to grow at >8% CAGR during the forecast period. Increasing building & construction activities and infrastructure projects, improving quality of construction in developing countries, and the requirement for reduction in water usage & construction time are the major growth drivers of the global concrete admixtures market. The growing need for repair and maintenance of the aging house in developed economies is also likely to substantiate the growth of the concrete admixtures market during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on the Application type, Concrete admixtures are used in residential, commercial, and infrastructure construction projects worldwide. All three application segments accounted for a healthy share of the global concrete admixtures market in 2019. Infrastructure was the largest concrete admixtures market in 2019, driven by increasing infrastructure development activities by developing countries, mainly in Asia-Pacific and the Middle East regions. Concrete admixtures are used in various areas of infrastructure, such as bridges, roads, dams, tunnels, water reservoirs, sewage and water treatment plants, and subway systems.
Based on the Product type, Water reducing agents (Superplasticizers and normal plasticizers) are expected to remain the largest product type in the global concrete admixtures market during the forecast period. They are low-cost admixtures and are widely preferred across the regions. Air-entraining agents are expected to witness the fastest growth in the next five years.
Which Region is expected to remain the largest market?
Asia-Pacific is expected to remain the largest concrete admixtures market during the forecast period. The region is likely to witness double-digit growth in the next five years, driven by the high focus of government on infrastructure development in developing economies, increasing urbanization & migration towards cities, and the need for improving the quality of construction. China and India will remain the growth engines of the Asia-Pacific concrete admixtures market in the next five years. There is a healthy demand for concrete admixtures expected in all three application segments; commercial, residential, and infrastructure in the Asia-Pacific region.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, enabling strategic decision-making for the existing market players willing to enter the market. The following are the key players active in the Concrete Admixtures Market:
• The Dow Chemical Company
• BASF SE
• Sika AG
• W.R. Grace
• RPM International, Inc.
• Fosroc International
• Cico Technologies
• Pidilite Industries
• MAPEI.
Key questions answered by the report
• What is the projected CAGR for revenue from the Concrete Admixtures Market during the forecast period?
• What would the market be valued at by 2027?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Concrete Admixtures Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
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