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Concrete Admixtures Market overview, future opportunities, growth analysis, regional demand and forecast 2021-2031 | GCP Applied Technologies, Inc., RPM International, Inc., Fosroc, Inc

09-28-2023 04:03 AM CET | IT, New Media & Software

Press release from: Global Insight Services

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:

Increased use of admixtures to improve the performance of concrete.

Development of new admixtures to meet the specific needs of various applications.
Use of admixtures to improve the sustainability of concrete.
Use of admixtures to improve the durability of concrete.
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.

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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.

The government regulations regarding the use of concrete admixtures are also driving the market as they help in the reduction of the environmental impact of the construction industry.

Restraints & Challenges

The key restraints and challenges in the concrete admixtures market include raw material prices, stringent environmental regulations, and health and safety concerns.

Raw material prices: The prices of key raw materials used in the production of concrete admixtures, such as cement, sand, and aggregate, have been volatile in recent years. This has had a direct impact on the cost of concrete admixtures.

Stringent environmental regulations: The production and use of concrete admixtures are subject to stringent environmental regulations in many countries. This is because concrete admixtures can contain harmful chemicals that can leach into the environment and contaminate water supplies.

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Health and safety concerns: There are health and safety concerns associated with the use of concrete admixtures. This is because some admixtures can contain harmful chemicals that can cause skin irritation, respiratory problems, and other health problems.

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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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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