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Concrete Admixtures Market Report 2023: Size, Share, Growth Rate, Industry Trends| Major Key Players And Industry Analysis Till 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the concrete admixtures market report by The Business Research Company, The increase in demand from the construction sector is expected to propel the growth of the concrete admixture market going forward. Construction activities have been on the rise due to rapid industrialization and urbanization. Concrete admixture enables the construction business to speed up the entire project by facilitating the establishment of climate-controlled facilities and enhancing specific properties of fresh or hardened concrete.
The global concrete admixtures market size grew from $14.79 billion in 2022 to $15.68 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The concrete admixtures market size is expected to grow to $18.82 billion in 2027 at a CAGR of 4.7%.
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Major competitors in the concrete admixtures market include Sika AG, BASF SE, CICO Technologies, RPM International, Fosroc Inc., Mapei SpA, CHRYSO S.A.S., Rhein-Chemotechnik GmbH, Pidilite Industries Ltd., Cemex S.A.B. De C.V., Shandong Wanshan Chemical Co Ltd., Buildtech Products, Concrete Additives and Chemicals Pvt Ltd., Polisan Kimya San A.S., and Flowcrete Group Ltd
The concrete admixtures market is segmented -
By Type: Water-Reducing Admixtures, Water-Proofing Admixtures, Accelerating Admixtures, Air-Entraining Agents, Retarding Admixtures, Other Types
By Application: Reinforced Concrete, Non-Reinforced Concrete
By End User: Commercial, Residential, Infrastructure, Industrial
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the concrete admixtures market.
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Concrete admixtures are natural or manufactured chemicals or additives added during concrete mixing to enhance specific properties such as workability, durability, or early/final strength of the fresh or hardened concrete. Concrete admixture is a construction material composed of cement, fine aggregates (sand) and coarse aggregates (small stones) mixed with water which hardens with time.
The Table Of Content For The Concrete admixtures market Include:
1. Executive Summary
2. Concrete Admixtures Market Characteristics
3. Concrete Admixtures Market Trends And Strategies
4. Concrete Admixtures Market - Macro Economic Scenario
5. Concrete Admixtures Market Size And Growth
.......
26. Africa Concrete Admixtures Market
27. Concrete Admixtures Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Concrete Admixtures Market
29. Concrete Admixtures Market Future Outlook and Potential Analysis
30. Appendix
The "Global Concrete admixtures market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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