Concrete Admixtures Market Size, Share Growth & Industry Report 2023-2028

Global Concrete Admixtures Market Overview 2023-2028

The global concrete admixtures market reached US$ 16.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 30.6 Billion by 2028, exhibiting a CAGR of 10.7% during 2023-2028.

Concrete admixtures are chemical or mineral compounds that are added to the concrete mix in small quantities to achieve desired qualities or mitigate certain issues. They comprise water-reducing, retarding, accelerating, and accelerating admixtures, which speed up the hydration process, enhancing early strength development and allowing for faster form removal and construction progress. They also include air-entering admixtures, shrinkage-reducing admixtures, and superplasticizers, which are powerful water-reducing agents that significantly improve workability without compromising strength. They can significantly influence the properties of fresh and hardened concrete, making it easier to work with and enhancing its overall performance. They can increase the workability of concrete, making it easier to place, consolidate, and finish, which is particularly important for large construction projects where concrete is required to be transported over long distances or placed in complex forms. They allow for the reduction of water content in the mix without compromising its workability, which leads to higher strength, reduced permeability, and improved durability. They accelerate or delay the setting time of concrete, providing flexibility in construction schedules and conditions. They can enhance the early or ultimate strength of concrete, allowing for faster construction and reduced curing times. They can also enhance the durability of concrete by reducing permeability, improving resistance to chemicals and corrosion, and increasing freeze-thaw resistance.

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Global Concrete Admixtures Market Trends and Drivers:

At present, the increasing demand for concrete admixtures as they allow engineers to tailor concrete properties to specific project requirements, leading to more durable, strong, and workable concrete, represents one of the crucial factors impelling the growth of the market. Besides this, the rising popularity of concrete admixtures, as they provide flexibility in construction scheduling due to setting time control and enhanced workability, leading to increased project efficiency, is contributing to the growth of the market. In addition, the growing demand for colored concrete admixtures offering aesthetic possibilities for architectural and decorative applications is offering a favorable market outlook. Apart from this, the increasing emphasis on constructing high-rise buildings, bridges, roads, and other critical infrastructure, along with the persistent evolution of concrete production technologies and the imperative to achieve higher efficiency in construction practices, is strengthening the growth of the market. Additionally, the rising demand for specialized admixtures capable of enhancing curing processes, mitigating the negative impact of temperature variations, and minimizing the need for water curing is propelling the growth of the market. Moreover, the increasingly notable shift towards the utilization of innovative chemical formulations that facilitate the production of high-performance concrete (HPC) and self-consolidating concrete (SCC), catering to the mounting need for structures exhibiting exceptional strength and aesthetic appeal, is bolstering the growth of the market.

Global Concrete Admixtures Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are:

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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The report segmented the market on the basis of region, product and end user.

Breakup by Product:

Water Reducing Admixtures
Plasticizers
Superplasticizers
Waterproofing Admixtures
Accelerating Admixtures
Air-Entraining Admixtures
Retarding Admixtures
Others

Breakup by End User:

Residential
Commercial
Infrastructure

Breakup By Regions:

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

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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