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Global Market Lignosulfonate-based Concrete Admixtures in Asia Pacific, Latin America, and Middle East Gains Impetus from Expanding Construction Industry

05-16-2017 02:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MRRSE

MRRSE

MRRSE

Market Research Reports Search Engine (MRRSE) has announced the addition of a new report on the lignosulfonate-based concrete admixtures market to its repertoire of market studies on chemical and materials. The increasing demand from the construction industry has been the prime driver of the Asia Pacific lignosulfonate-based concrete admixtures market, Latin America, and the Middle East. The report has been published recently by Transparency Market Research and it pegs the overall value of the lignosulfonate-based concrete admixtures market in the aforementioned regions at US$98.9 mn in 2014. Exhibiting a steady CAGR of 4.2%, the market is expected to reach US$143.1 mn by the end of 2023.
The report is titled “Lignosulfonate-based Concrete Admixtures (Plasticizer and Superplasticizer) Market - Asia Pacific, Latin America and Middle East Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023” and is available for sale on the company website.

Request For a Sample Report: http://www.mrrse.com/sample/1444

Lignosulfonates, also known as sulfonated lignin, are wood chemicals mainly obtained as by-products during the sulfite processing of wood pulp. These chemicals are easily soluble in water due to which they are used for diverse applications across several industries. Some of the most notable applications include gypsum board, as pellets in animal feed, as pesticides and dispersants in agrochemical, superplasticizers and plasticizers in construction, and as oil well drilling muds in the oil and gas industry.

The demand for lignosulfonates is increasing at a rapid pace particularly in regions such as the Middle East, Asia Pacific, and Latin America. Demand from these regions is further expected to surge exponentially in response to the rapid expansion of the construction industry.

Based on product type, plasticizer grade lignosulfonate-based concrete admixtures led the market with a share of 65% in 2014. This grade of lignosulfonate is mostly preferred owing to its eco-friendly nature and its economic cost. However, during the forecast period, the superplasticizer segment in the market is expected to surge at the fastest pace. Both these product segments will be significantly benefited by the growing demand from the construction industry.

Regionally, Asia Pacific holds the largest share in the overall lignosulfonate-based concrete admixtures market. The increasing spending on infrastructure in India, China, and other ASEAN countries is boosting the demand for lignosulfonate-based concrete admixtures from the region. In the Middle East countries such as Saudi Arabia, Qatar, Kuwait, and the UAE will emerge as the most lucrative markers for lignosulfonate-based concrete admixtures.

Browse Full Report with TOC:http://www.mrrse.com/asia-pacific-lignosulfonate-based-concrete-admixtures-market

To present a holistic overview of the prevailing competitive landscape, the report also profiles companies such as BASF SE, Sika AG, W.R. Grace Co.-Conn, Fosroc International, CICO Technologies Limited, CEMEX S.A.B. de C.V., CHRYSO Group, Sodamco-Weber, Mapei International & Pidilite Industries Limited.

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Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

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