Press release
Polycarboxylate Ether Market to Surpass $16.05 Billion by 2029 | Key Trends & Insights
Polycarboxylate Ether Market
How Will the Polycarboxylate Ether Market Grow by 2025 in Terms of Size and Growth?
The dimension of the polycarboxylate ether market has seen substantial augmentation in the past years. There are predictions of its strong advancement from a size of $11.87 billion in 2024 to $12.54 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 5.7%. The earlier surge in its size can be attributed to several factors such as an increase in infrastructure projects, a heightened demand for ready-mix concrete, a preference for environment-friendly concrete, and a rise in the urban population.
What Are the Estimated Growth Rates for the Polycarboxylate Ether Industry Through 2029?
The market for polycarboxylate ether is set to experience robust growth in the years to come, with its value projected to reach $16.05 billion by 2029, boasting a compound annual growth rate (CAGR) of 6.4%. The expected growth during this period is mainly due to the expanding construction sector, an increased requirement for sturdy infrastructure, a surge in the application of ready-mix concrete, and growth within the precast concrete industry. The upcoming trend predictions involve the adoption of technology-oriented manufacturing methods, advancement in concrete admixtures, evolution of smart concrete solutions, the incorporation of digital construction utilities, along with the introduction of ultra-high-performance concrete.
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What Are the Strategic Drivers Boosting Polycarboxylate Ether Market Performance?
The construction industry's escalating requirements are anticipated to bolster the expansion of the polycarboxylate ether market in future. The construction sector encompasses activities related to designing, building, and maintaining various types of buildings, from residential homes to commercial buildings and industrial establishments. With rapid urbanization leading to a pressing need for housing and infrastructure and considerable government expenditure in developing infrastructure, the demand from this sector is rising swiftly. Polycarboxylate ether (PCE) plays a beneficial role in the construction industry as a high-performance superplasticizer, improving the functionality of concrete while concurrently minimizing its water content. For instance, in May 2024, the Office for National Statistics, a government agency in the UK, reported that new construction orders climbed by 15.9% overall, equating to £1,436 million ($1,913 million) in the first quarter of 2024 versus the last quarter of 2023. Thus, the growing demand from the construction industry is propelling the polycarboxylate ether market.
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What Are the Segments in the Polycarboxylate Ether Market?
The polycarboxylate ether market covered in this report is segmented -
1) By Product Type: Solid, Liquid
2) By Monomer Type: Isobutenyl Polyoxyethylene Ether (HPEG), Isopentenyl Polyoxyethylene Ether (TPEG), Methoxy Polyethylene Glycol Ether (MPEG), Allyl Polyethylene Glycol Ether (APEG), Other Monomaer Types
3) By Polymerization Degree: Low Degree Of Polymerization, Medium Degree Of Polymerization, High Degree Of Polymerization
4) By Application: Concrete Admixtures, Dispersion Agents, Stabilization Of Suspensions, Oil Gas Drilling, Paints And Coatings
5) By End-Use Industries: Residential Buildings, Non-Residential Buildings, Infrastructure
Subsegments:
1) By Solid: Powder Form, Granular Form
2) By Liquid: Concentrated Liquid, Diluted Liquid, Emulsified Liquid
What Are the Key Adoption Trends in the Polycarboxylate Ether Market?
Leading corporations in the polycarboxylate ether industry are concentrating their efforts on creating avant-garde solutions, for example, bio-sourced admixtures, to accommodate increasing calls for sustainability and propel performance in construction uses. Bio-sourced admixtures are construction supplements made from renewable organic materials that improve sustainability and performance, while lessening the environmental consequences of concrete and other building materials. For example, in January 2023, CEMEX S.A.B. de C.V., a construction materials company based in Mexico, unveiled an innovative range of bio-sourced admixtures that effectively decrease the carbon emissions of concrete by up to 70% when compared to conventional oil-based admixtures. The newly introduced products, such as concrete plasticizers, superplasticizers, and grinding aids, take advantage of natural, renewable and locally available raw materials to boost performance while reducing environmental damage. These bio-sourced admixtures, which are part of CEMEX's Vertua range of green building solutions, are anticipated to be released across Europe.
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Which Companies Lead the Competitive Landscape of the Polycarboxylate Ether Industry?
Major companies operating in the polycarboxylate ether market are BASF SE, Dow Chemical Company, Evonik Industries AG, Cemex S.A.B. de C.V, Arkema SA, Kao Corporation, Sika AG, Nouryon, Sobute New Materials Co Ltd., Himadri Speciality Chemical Ltd., Liaoning Oxiranchem Inc., Mapei S.p.A., Euclid Chemical, Chembond Chemicals Ltd., Hangzhou Lans Concrete Admixture Inc., MUHU (China) Construction Materials Co Ltd., Sodamco-Weber, Sintez OKA Group, Sakshi Chem Sciences, Kashyap Industries, Allbiz Ltd., Hi-Bond Chem Pvt. Ltd., Shijiazhuang Chang'An Yucai Building Material Co Ltd., Sure Chemical Co Ltd
Where Are the Key Polycarboxylate Ether Market Opportunities by Region?
Asia-Pacific was the largest region in the polycarboxylate ether (PCE) market in 2024. The regions covered in the polycarboxylate ether market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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