MarketResearch.biz delivers in-depth insights on the global concrete admixture market in its upcoming report titled, “Global Concrete Admixture Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global concrete admixture market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The concrete admixture market report has been segmented on the basis of type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Chemical admixtures are the ingredients in concrete other than Portland cement, water, and aggregate that are mixed immediately during or before mixing. Admixtures are added to concrete to modify the properties of hardened concrete and to ensure the quality of concrete during transporting, mixing, and curing.
On the basis of material, the water reducing agents segment is estimated to hold major revenue share in the global concrete admixture market and is expected to maintain its dominance over the forecast period. Rising popularity of high-rise building is expected to drive segment growth. Due to limiting space in the city construction companies are preferring the construction of vertical high-rise towers rather than horizontal land construction, which is anticipated to propel market growth over the forecast period.
On the basis of application, non-residential construction segment is estimated to hold major revenue share in the global concrete admixture market. Concrete admixture is majorly used in the construction of roads, railway sleepers, tunnels, and stadiums. Increasing government funding on non-residential sector in China, India, US, and Japan is anticipated to fuel market growth over the forecast period.
Asia Pacific market is estimated to hold major revenue share in the global concrete admixture market, in 2017 and is expected to maintain its dominance over the forecast period. Growing construction sector countries in the region such as China, India, and Japan owing to growing population and rapid urbanization is expected to be a major factor driving market growth. The Asia Pacific accounts for largest revenue share contribution of the target market, followed by markets in North America, Europe, Latin America, and the Middle East & Africa respectively. Rapid industrialization in the region is anticipated to boost the infrastructure development in the region, which in turn is expected to boost the demand for the target market. In addition, growing foreign investment in the construction sector in the region is expected to be other factor driving market growth. Demand for concrete admixture is expected to be steady in Middle East & Africa. Construction of new airports in Riyadh and Qatar is expected to drive market growth in the region.
Market segmentation and key players operating in the global concrete admixture market:
- Accelerating agents
- Air-entraining agents
- Water reducing agents
- Waterproofing agents
- Retarding agents
- Others (superplasticizers, normal plasticizers, fly ash, granulated blast furnace slag, and silica fume)
- Non-residential and infrastructure
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BASF SE
- The DOW Chemical Company
- R. Grace & Co.
- Sika AG
- Rpm International Inc.
- Chryso S.A.S.
- Cementaid (UK) LTD
- CICO Technologies Ltd.
- Pidilite Industries Ltd.
- Fosroc International Limited
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