Press release
Concrete Admixtures Market Size, Global Statistics, Growth, Share, Trends And Forecast Report 2022 To 2027
The latest research study "Concrete Admixtures Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global concrete admixtures market reached a value of US$ 14.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 27.94 Billion by 2027, exhibiting a CAGR of 11.20% during 2022-2027.Industry Definition and Application:
An admixture represents a natural or chemical substance that is added to the concrete, in addition to water, cement, aggregate, etc., to alter its properties. Fly ash, retarders, silica fume, plasticizers, accelerators, air entering mixture, synthetic calcium-silicate-hydrate (CSH), superplasticizers, etc., are some of the commonly utilized concrete mixtures. They offer several benefits, such as finish ability, durability, water reduction, accelerating strength, corrosion inhibition, compressive strength, etc. In line with this, concrete admixtures aid in improving the quality during the stages of transport and mixing, ensuring specific required properties of cured concrete are met, and eliminating adverse chemical reactions, thereby minimizing the overall costs of building construction. Consequently, they are extensively used in industrial amenities, surface transportation infrastructure projects, social and commercial complexes, etc.
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What are the major drivers for the concrete admixtures market?
The growing construction of residential buildings is primarily driving the concrete admixtures market. Additionally, the widespread product adoption to modify the properties of hardened concrete and ensure its quality during mixing, transporting, placing, curing, etc., is further catalyzing the market growth. Besides this, the rising utilization of plasticizers in industrial and commercial structures, as they assist in reducing water content from concrete and offer high durability and strength, is positively influencing the global market.
Moreover, the launch of various favorable policies by the government bodies across countries to promote infrastructural development is acting as another significant growth-inducing factor. Apart from this, the introduction of durable and environmentally friendly product variants is anticipated to fuel the concrete admixtures market over the forecasted period.
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Report Segmentation:
The report has segmented the market on the basis of region, product and end user.
Breakup by Product:
• Water Reducing Admixtures
o Plasticizers
o Superplasticizers
• Waterproofing Admixtures
• Accelerating Admixtures
• Air-Entraining Admixtures
• Retarding Admixtures
• Others
Breakup by End User:
• Residential
• Commercial
• Infrastructure
Breakup by Geography:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
List of Major Key Players:
• BASF SE
• CAC Admixtures
• CEMEX S.A.B. de C.V.
• CICO Group
• Fosroc Inc. (JMH Group)
• Fritz-Pak Corporation
• GCP Applied Technologies Inc. (Compagnie de Saint-Gobain S.A.)
• Mapei S.p.A.
• Pidilite Industries Limited
• Rhein-Chemotechnik GmbH
• RPM International Inc.
• Sika AG.
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Contact Us:
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Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
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Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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