Concrete Admixtures Market Industry Analysis, Size, Share, Upcoming Trends, Segmentation and Forecast to 2020 - 2025
The market for concrete admixtures is expected to register a CAGR of over 6% during the forecast period.
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Top Key Players in the Global Concrete Admixtures Market: BASF SE, CEMEX SAB de CV, Fosroc International, and Sika AG, among others.
Key Market Trends
Residential Construction Sector to Dominate the Market
- The residential sector includes buildings for multi-family housing units, single-unit, duplex, quad-plex, mobile homes, and apartments.
- The rising middle-class population in the Asia Pacific has resulted in increasing construction spending for developing residential areas.
- Moreover, there has been a surge in investment for new residential construction activities in the United States.
- Additionally, the rising population in the Middle East & African countries, in recent years, is also likely to drive the residential construction market during the forecast period.
- Hence, the aforementioned reasons are likely to help the residential construction sector dominate the market, during the forecast period.
Latest Industry News:
Hycrete Approved as Type S Admixture by the American Association of State Highway and Transportation Officials (AASHTO)
Fairfield, N.J., February 20, 2019 - Hycrete, Inc., a leader in waterproofing and corrosion protection technologies for concrete, is proud to announce that it has been approved for use as a Type S admixture under AASHTO's guidelines for Chemical Admixtures for Concrete. Hycrete's X1002 met or exceeded all requirements and has been fully approved by AASHTO for use on bridge decks and roadway infrastructure.
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Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region has accounted for the largest market share, owing to the high construction activities.
- Over the last decade, Chinas construction industry developed rapidly, due to the central governments push for infrastructure investment, as a means to sustain economic growth.
- Under its 13th five-year plan (2016-2020), the Chinese government is planning for infrastructure development of 30,000 km of railway lines and 30,000 km of expressways. Besides, there are numerous airport construction projects, which are either in development or planning stage.
- Additionally, the Chinese government rolled out massive construction plans, including making provision for the movement of 250 million people to its new megacities over the next 10 years, despite efforts to rebalance its economy to a more service-oriented form.
- Apart from China, the construction industry of other countries, like India, Japan, and ASEAN countries, are also growing rapidly.
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What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Concrete Admixtures Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Finally, Concrete Admixtures Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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