Concrete Admixtures Market Demands and Value Predication 2022-2028| The DOW Chemical Company, BASF SE, Sika AG, W.R. Grace & Co.
The global Concrete Admixtures Market is expected to grow with a CAGR greater than 9.2% during the forecast period of 2022-2028.
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Key Market Trends:
Growth in population, migration from hometowns to service sector clusters, and the growing trend of the nuclear family are the factors that have been driving residential construction across the world. Besides, decreasing land-to-population ratio and the growing trend of constructing high-rise residential buildings and townships have been driving the application of concrete admixtures in the residential construction segment across the world.
In the recent past, the highest growth rate regarding residential construction was expected to be registered in the Asia-Pacific region due to the expanding housing construction market in China and India. Asia-Pacific has the largest low-cost housing construction segment, led by China, India, and various Southeast Asian countries. However, with most of the Asia-Pacific countries being severely affected by COVID-19 on a large scale, the growth is expected to slow down in the short run.
Globally, there has been a significant undersupply to meet the demand for housing. This presented a major opportunity for the investors and developers to embrace alternative construction methods and new partnerships to bring forward development. For instance:
Further, the report presents profiles of competitors in the market, key players include:
The DOW Chemical Company,BASF SE,Sika AG,W.R. Grace & Co.,Rpm International Inc.,Chryso S.A.S.,Mapei S.P.A,Pidilite Industries,Fosroc International Ltd,Cico Technologies Ltd.
BASF has acquired 25 companies, including 4 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 25 assets. BASF's largest acquisition to date was in 2006 when it acquired Engelhard for $4.9B. Its largest disclosed sale occurred in 2000 when it sold Knoll Pharmaceutical to Abbott Laboratories for $6.9B. BASF has acquired in 8 different US states, and 9 countries. The Company's most targeted sectors include chemicals (64%) and life science (11%).
Sika has acquired 26 companies, including 8 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 2 assets.b Sika's largest acquisition to date was in 2021 when it acquired MBCC Group for $5.7B. Sika has been acquired in 6 different US states, and 18 countries. The Company's most targeted sectors include building materials (54%) and chemicals (43%).
Segment by Types:
Segment by Applications:
Regions Are covered by Global Concrete Admixtures Market:
For a comprehensive understanding of market dynamics, the Global Concrete Admixtures Market is analyzed across key geographies namely:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, and Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
The market size in the Asia Pacific stood at USD 11.41 billion in 2020. The rapid infrastructure development and increasing demand for affordable houses by people have fueled the market growth in the Asia Pacific. In this region, China holds the highest market share and is the fastest-growing country. The growing population, increasing urbanization, and rising household income levels are the major factors that are driving the growth of the residential sector in this country.
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The study objectives of this report are:
- To study and analyze the Global Concrete Admixtures market size (value and volume) by the company, key regions/countries, products and applications, history data from 2016 to 2021, and forecast to 2028.
- To understand the structure of Concrete Admixtures by identifying its various sub-segments.
- To share detailed information about the key factors manipulating the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
- To analyze the report with respect to individual growth trends, future prospects, and their contribution to the total market.
- To analyze modest developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Scope of The Report:
- The report analyses Concrete Admixtures By Type Segment.
- The report assesses the Concrete Admixtures By End User.
- The Global Concrete Admixtures have been analyzed by Region.
- The key insights of the report have been presented through the frameworks of SWOT, and Market Attractiveness charts.
- The attractiveness of the market has been presented by Region, Type, and End User. Additionally, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.
- The report provides a detailed pipeline analysis developed to cure the problem of Concrete Admixtures.
- The report tracks competitive developments, strategies, mergers, and acquisitions, and new product development.
-To take advantage of business owners, tap hard at Concrete Admixtures research to get a thorough understanding of current momentum.
- The report presents the analysis of Concrete Admixtures for the historical period of 2016-2021 and the forecast period of 2022-2028.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain have 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 with the sales team.
Customizable: The Global Concrete Admixtures Market
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