Press release
Superplasticizer Market: Precise Scenario Covering Trends, Opportunities and Growth Forecast During 2019-2029
Superplasticizer is also referred to as a high range water reducer. Superplasticizer is a synthetic polymer and a chemical additive that is extensively used in the construction industry for applications such as concrete strengthening. Superplasticizer is highly preferred when well-dispersed particle suspension is required in the concrete making. Therefore, the market for superplasticizer is expected to grow with flying numbers as the demand for superplasticizer is drastically increasing from the construction engineers. The global superplasticizer market is segmented on the basis of form which includes powdered and liquid forms of superplasticizer. Furthermore, the offerings of global superplasticizer market can be categorized into different types such as Lignosulphonates, and Sulphonated Melamine Formaldehyde (SMF) among other types of superplasticizer that offer different properties to the concrete.
Superplasticizer Market Dynamics
Superplasticizer Market Drivers
The global superplasticizer market is expected to be driven by the excessive demand for superplasticizer from the construction industry. The adoption of superplasticizer is considered as one of the important improvements in the concrete technology. According to the Timetric’s Construction Intelligence Center (CIC) and Bureau of Labor Statistics, the construction industry is expected to be one of the prominently growing industries by the end of 2020. An increasing construction of institutional buildings such as offices, educational institutes, healthcare and other commercial buildings across the globe has significantly created a demand for the construction materials and the admixtures used in the construction applications. Therefore, it is expected that the demand for superplasticizer will grow, especially from developing economies where construction activities are at their noteworthy pace.
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Superplasticizer Market Restraints
The global superplasticizer market is significantly restrained by the cement-superplasticizer incompatibility. It refers to the adverse effects caused to the cement or building when an inadequate combination of superplasticizer and cement is used. Some common problems that are included in the cement-plasticizer incompatibility are delayed setting, inordinate cracking and improper strength gain. However, this restraint can be efficiently overcome by the production of project specific superplasticizer that is compatible with the specific type of cement used in the construction.
Superplasticizer Market Trends
Sulfonated melamine formaldehyde (SMF) type of superplasticizer that is derived from the resinification of melamine formaldehyde is relatively costlier than other types of superplasticizer. Also, this type of superplasticizer is recommended in applications where high initial slump is required and the concreting time is relatively short. Furthermore, this type of superplasticizer is considered suitable for cold climates. For this reasons, this type of superplasticizer is extensively being used in cold climate regions. Therefore, sulfonated melamine formaldehyde segment of superplasticizer is expected to create considerable amount of revenues over the forecast period, which is expected to increase the global superplasticizer market value.
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Superplasticizer Market Segmentation
The global Superplasticizer market can be segmented on the basis of type, applications, end-use industries and regions.
On the basis of type, the global superplasticizer market can be segmented as:
Lignosulphonates
Sulphonated Melamine Formaldehyde (SMF)
Sulphonated Naphthalene Formaldehyde (SNF)
Polycarboxylic Ether (PCE)
On the basis of applications, the global superplasticizer market can be segmented as:
Water Reducer
Maintaining/Increasing Cement Workability
Mechanical Strengthening
On the basis of Form, the global superplasticizer market can be segmented as:
Powder
Liquid
Superplasticizer Market Participants
Some of the market participants identified across the value chain of global superplasticizer market are:
Finoric LLC
Arkema Group
Creative UNited Co.
RosBalt Grupa Holding
BASF
Beijing Dongke United Technologies Co.,Ltd
Sika Group
Kao Corporation
Nippon Shokubai
Mapei SpA
Shandong Wanshon Chemical Co. Ltd.
Anhui Elite Industrial Co.,ltd
Superplasticizer Market Regional Outlook
The growing population and urbanization in the countries of South Asia region has resulted in a significant growth in the infrastructural construction. Various projects for institutional and commercial construction are being implemented in this region. Hence, South Asia region is expected to register one of the prominent growth rates of the global superplasticizer market over the forecast period. Besides South Asia, East Asia is expected to project lucrative growth in the global superplasticizer market over the forecast period. Growing inflow of investments in the construction industry of China for the industrial sector is expected to be one of the key reasons driving the growth of superplasticizer market in East Asia. In other regions such as North America and Middle East and Africa, the growing demand from civil construction activities is expected to drive the growth of the market.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Report also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The Report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Market potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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