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Global Lignosulfonate-based Concrete Admixtures Market To Touch US$143.1 million in 2023 | TMR

Global Lignosulfonate-based Concrete Admixtures Market

Transparency Market Research has released a new market report titled “Lignosulfonate-based Concrete Admixtures Market – Asia Pacific, Latin America and Middle East Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023” According to the report, the lignosulfonate-based concrete admixtures market for Asia Pacific, Latin America, and the Middle East together was valued at US$ 98.9 million in 2014 and is anticipated to reach US$143.1 million in 2023, expanding at a CAGR of 4.2% from 2015 to 2023.

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Lignosulfonates are primarily anionic polyelectrolytes that are easily soluble in water. These are used in various applications and end-user industries such as construction (plasticizers and superplasticizers), gypsum board, animal feed (pellets), agrochemical (pesticide dispersant), and oil & gas (oil well drilling muds). Lignosulfonate-based concrete admixtures are one of the most commonly used water reducing chemicals in the construction industry. Water reducing chemicals play a vital role in reducing the actual demand for water in concrete mixtures and yet maintain the workability of the concrete. Growth in the infrastructure sector in various regions is projected to further boost the demand for water reducing chemicals. This, in turn, is likely to propel the lignosulfonate-based concrete admixtures market.

In terms of product, plasticizer segment accounted for more than 65% of the lignosulfonate-based concrete admixtures market. The plasticizer grade of lignosulfonate is mostly preferred due to its eco-friendly nature and economical cost. The plasticizer grade of lignosulfonate can lower the water requirement by a moderate level. Typically, the lignosulfonate-based concrete admixtures of plasticizer grade can reduce the water requirement in concrete by 8% to 15%, while the superplasticizer or modified lignosulfonate can reduce the water requirement up to 25%. Demand for lignosulfonate-based concrete admixtures in plasticizer and superplasticizer grades is anticipated to rise over the next eight years owing to increasing need for reduction in demand for water in concrete and indirectly in the construction industry.

Get Sample Research Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7072

Key players in the lignosulfonate-based concrete admixtures market include BASF SE, Sika AG, W.R. Grace Co.-Conn, Fosroc International, CICO Technologies Limited, CEMEX S.A.B. de C.V., CHRYSO Group, Sodamco-Weber, Mapei International & Pidilite Industries Limited.

For More Industrial Insights Read Overview:
https://www.transparencymarketresearch.com/asia-pacific-lignosulfonate-based-concrete-admixtures-market.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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