Concrete Admixtures Market Exhibits Higher Growth Prospects During 2021-2031 | Sika AG, BASF SE, GCP Applied Technologies, Inc., RPM International, Inc., Fosroc, Inc.

New York, According to a new market research report published by Global Insight Services Concrete Admixtures Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Concrete admixtures are materials in the form of powder or fluids that are added to concrete to modify its properties. Concrete admixtures are used to improve the concrete's workability, durability, or strength. Common admixtures include water-reducing agents, air-entraining agents, and admixtures that increase the concrete's strength.

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Key Trends

The key trends in concrete admixtures technology are:

1. Increased use of admixtures to improve the performance of concrete.

2. Development of new admixtures to meet the specific needs of various applications.

3. Use of admixtures to improve the sustainability of concrete.

4. Use of admixtures to improve the durability of concrete.

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Key Drivers

The key drivers of the concrete admixtures market are the increasing construction activities, the need for the reduction of the carbon footprint, and the government regulations regarding the use of concrete admixtures.

The construction industry is growing at a rapid pace, especially in the emerging economies, such as China and India. This is due to the increasing population and the growing middle class.

The need for the reduction of the carbon footprint is also driving the market for concrete admixtures as they help in the reduction of the carbon dioxide emissions from the concrete production process.

Market Segmentation

The Concrete Admixtures Market is segmented by type, end-user and region. Based on type, the global concrete admixtures market is segmented into superplasticizers, normal plasticizers, accelerating admixtures, retarding admixtures and others. On the basis of end use, the market is segmented into commercial and residential. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.

Key Players

The key players in the Concrete Admixtures Market are Sika AG, BASF SE, GCP Applied Technologies, Inc., RPM International, Inc., Fosroc, Inc., Mapei SpA, CHYRSO SAS, Rhein-Chemotechnik GmbH, Lonestar Funds and CEMEX SAB de CV.

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Reasons to buy Concrete Admixtures Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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