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Concrete Admixtures Market Report 2023-2032: Market Share, Industry Size, Trends, And Growth | Sika AG, BASF SE, CICO Technologies, RPM International, Fosroc Inc
Concrete Admixtures Market
The Business Research Company's Concrete Admixtures Global Market Report 2023 identifies increase in demand from the construction sector as the major driver for the Concrete Admixtures market's growth in the forecast period. 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 are Sika AG, BASF SE, CICO Technologies, RPM International, Fosroc Inc.
A key trend in the Concrete Admixtures market includes Technological advancements. Remarkable advances in the technology of cement materials, mineral additions, and admixtures, combined with advancements in production methods, have resulted in a diverse range of high-performance concretes capable of providing cost-effective, environmentally sound solutions for the most demanding applications. Major companies operating in the market are focused on innovating new products to strengthen their market position.
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The Concrete Admixtures market is segmented -
1. By Type: Water-Reducing Admixtures, Water-Proofing Admixtures, Accelerating Admixtures, Air-Entraining Agents, Retarding Admixtures, Other Types
2. By Application: Reinforced Concrete, Non-Reinforced Concrete
3. By End User: Commercial, Residential, Infrastructure, Industrial
4. 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.
The Business Research Company's "Global Concrete Admixtures Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
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