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Concrete Admixture Market Trend 2019 Global Players are FOSROC, Sika, BASF, Bostik, Mapei, The Dow Chemical Company.

10-04-2019 11:05 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global Market Insights

Concrete Admixture Market

Concrete Admixture Market

Concrete Admixture Market report provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business.

Latin America Concrete Admixture Market is probable to witness gains close to 8% during the forecast period. Countries including Colombia, Argentina, Bolivia, Peru, Chile and Uruguay strongly need to improve their infrastructure including roads, houses, bridges, etc. Government in the aforementioned countries are making substantial investment in the construction sector.

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Non-residential applications for the concrete admixture market accounted for over 25% of the global industry share in 2016. Non-residential applications include buildings, medical centers, education hubs, retail shopping centers, etc. Rising infrastructure activities primarily in the Asia Pacific will help attain promising gains to concrete additive market over the forecast span. For example, Laos and China signed an agreement in March 2018 for the implementation of building China-aided Mahosot hospital to modernize medical services in the region.

Similarly, in China the expansion project of Beijing airport that is expected to be completed by 2025 will surely surpass Dubai's Al Maktoum Airport in total square miles, cost, and plane & passenger capacity. Several other ongoing construction activities globally will drive the concrete admixture market in the forecast span. These products are used in the production of concrete, which helps in improving its properties based on its applications. Several concrete admixtures available in the market are water reducers, air-entraining agents, superplasticizers, fly ash, etc.

Concrete admixture market, product by application
o Superplasticizer
o Accelerator
o Retarder
o Water reducer
o Air entraining mixture
o Fly ash
o Silicate fume
Concrete admixture market by application
o Residential
o Non-residential
o Commercial

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Revival in construction industry, mainly in Germany and UK for the repair and maintenance of bridges, roads, tunnels, etc. has led to substantial investment in large construction projects, which will have positive impact on concrete admixture market share in the forecast spell. Lack of responsiveness and trained labor, specifically in the disorderly construction sector may prove to be restraining factors for the concrete admixture market in the projected timeframe. Although, projects to build greenhouse gas emission free buildings in Europe and housing projects for low-income group people in India under “Make in India” initiative are sure to bring new and profitable opportunities to the concrete admixtures market in the forecast timespan.

Air entraining concrete additive market is projected to witness gains of more than 8.5% by 2024. Air entraining mixture creates air bubble in the concrete which act as rollers and helps in improving the workability. These admixtures are also very effective in freeze thaw cycles and provide cushion effect on the expanding water while concreting in cold climate. The application of this admixture on hardened concrete is quite complex to attain the correct level of air pressure. It improves concrete structure durability by enhancing its firmness and cohesion which will help augment product demand, and subsequently will drive concrete additive market by 2024.

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The major concrete admixture market share is divided among RPM International, BASF, Bostik, CEMEX, CICO Group, MAPEI, Sika, Euclid Chemical, Dow, Cementaid and FOSROC. The abovementioned organizations are spending heavily on their R&D to expand their range of available products. For instance, Sika Group had launched a sustainable admixture named Sika Viscocrete GR 5000 in Qatar in 2016. It is mainly due to the green initiative policies being adopted in Europe to achieve more cost effective and environment friendly construction techniques.

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Global Market Insights, Inc.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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