Press release
Concrete Admixtures Construction Chemical Market Release involving Conmix Ltd., CICO Technologies Ltd., Chryso S.A.S. and other Global Key Players by WMR
Global concrete admixtures construction chemicals market revenue is expected to reach $16,324 million by 2023, from $11,027 million in 2016, with a CAGR of 5.7% from 2017 to 2023. Admixtures are materials either in powder or fluid form, that are added to the concrete to give it high performance characteristics such as high workability, high compressive strength, durability, watertight, wear resistant and high finish to meet the complexities of modern structures. Fly ash, silica fume, rice husk ash, metakaolin, carbon nanofibers, plasticizers, water proofing agents, air-entraining agents, water-reducing agents, retarding agents, accelerating agents, hydration-control agents, anti-corrosion agents, coloring agents are the commonly used concrete admixtures.
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Increased globalization is a key factor in restructuring the concrete admixture market. A shift in the industry trends is observed, owing to rapid economic growth in India and China. With many countries in Asia-Pacific still being largely rural, the economic growth is set to foster the ongoing urbanization. Moreover, the growth in population in these countries is expected to boost the demand for housing and commercial infrastructure, which in turn is anticipated to drive the concrete admixtures market. The need for better infrastructure has increased, due to rising investment and high disposable income, which further fuels the demand for concrete admixtures. The penetration of concrete admixtures is moderate, due to lack of understanding of its long-term benefits in contrast to the cheaper substitutes. In addition, lack of benchmark regulations globally leads to sub-standard building guidelines, which is expected to hamper the growth of the market. Increase in government initiatives about energy conservation and sustainable infrastructure is expected to open new avenues during the forecast period.
The global concrete admixtures construction chemical market is segmented based on type, application, and geography. Based on type, it is bifurcated into mineral and chemical admixtures. Based on application, it is classified into residential, commercial, infrastructure, and repair structure. Geographically, it is categorized into North America, Europe, Asia-Pacific, and LAMEA.
Major players profiled in this study are:
BASF SE
Arkema SA
Ashland Inc.
Fosroc International Limited
Mapie S.p.A.
Pidilite Industries
RPM International Inc.
Sika AG
The Dow Chemical Company
W.R. Grace & Company
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KEY BENEFITS FOR STAKEHOLDERS:
This report provides quantitative and extensive analysis of the current and emerging market trends, estimations, dynamics, and for the key market segments from 2015 to 2023 to identify prevailing opportunities in global concrete admixtures construction chemical market.
Competitive landscaping and value chain have been considered in the study to understand the competitive environment globally.
Region- and country-wise global concrete admixtures market conditions are comprehensively analyzed.
Exhaustive analysis of the market by type helps in understanding various types of concrete admixtures material that are currently being used and the variants that is expected to gain prominence.
Porters Five Forces analysis highlights the potency of buyers and suppliers participating in this market to make profit-oriented business decisions and to help strengthen their supplier and buyer network.
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KEY MARKET SEGMENTS
By Type
Mineral Admixture
Chemical Admixture
By Application
Residential
Commercial
Infrastructure
Repair Structures
By Geography
North America
U.S.
Canada
Mexico
Europe
Russia
Germany
France
Turkey
UK
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest Of LAMEA
KEY PLAYERS
CEMEX S.A.B de C.V.
Conmix Ltd.
CICO Technologies Ltd.
Chryso S.A.S.
(Companies mentioned above are not profiled in the report and can be profiled upon client request)
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