Prominent Concrete Admixture Market share contributors are Sika AG, BASF SE, FOSROC, CEMEX S.A.B. de C.V., MAPEI, RPM International, Inc., Bostik, Cementaid (UK) LTD, CICO Group, The Dow Chemical Company and Euclid Chemical.
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Concrete admixture market size for commercial applications is projected to rise at a CAGR of more than 9% by 2024 fueled by rise in infrastructure activities in developing economies such as bridges, tunnels, airports, roads, warehouses, manufacturing facilities, etc.
Concrete Admixture Market size is forecast to exceed USD 38 billion by 2024. Strong demand of concrete admixtures in the emerging economies of Middle East & Asia-Pacific coupled with rise in spending on infrastructure activities globally will drive the concrete admixtures market. Additionally, growing urbanization rate in the Asia Pacific is another major factor which will help achieve promising gains to concrete additive market size by 2024. These products possess exceptional properties, such as high workability, reduced water cement proportion which makes it preferable across construction sector.
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Strong need to revamp the construction industry in Europe and North America to promote sustainable construction practices will help make significant gains to the concrete admixture market size by 2024. Limited product responsiveness across unorganized construction industry along with unavailability of trained labor are probable to impede the concrete admixture market size by 2024. However, rising need to conserve water resources will generate plentiful opportunities for product which in turn will propel concrete additive market size by 2024.
Water reducer concrete admixture accounted for more than 50% of the overall market size in 2016. This is mainly attributed to its superior properties which helps in creating slumps at lower water cement ratio and henceforth results in improving concrete properties for its application under difficult conditions including bridge decks, patching concrete, low slump concrete overlays, etc. Some of the commonly used water reducers are lignosulfonic acids, hydroxylated carboxylic acid, etc. their salts and derivatives. Consistently advancing admixture technology to improve the concrete performance has resulted in development of mid-range water reducers which will drive the concrete admixture market size by 2024.
Browse key industry insights spread across 450 pages with 532 market data tables & 30 figures & charts from the report, “Concrete Admixture Market Size By Product (Superplasticizers, Accelerators, Retarders, Water Reducers, Air Entraining Mixture, Fly Ash, Silicate Fume), By Application (Residential, Non-residential, Commercial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/concrete-admixtures-market
Middle East & Africa concrete admixture market size is likely to grow at a CAGR of more than 9.5% by 2024. Governments of Oman, Qatar, Saudi Arabia have been making huge investment to improve the overall infrastructure of the region and shift from oil-based economy.
Concrete admixture market share is exceedingly consolidated, with prominent players accounting for over half of the total business size in 2016. The major players include CEMEX, BASF, RPM International, Bostik, CICO Group, Sika, MAPEI, Dow, FOSROC, Euclid Chemical and Cementaid. The players are expanding their volume to fulfill the growing product demand in the world. For example, in November 2017, Sika launched a new concrete admixture manufacturing plant in Ethopia to fulfill the growing admixture demand regionally.
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Concrete admixture research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024, for the following segments:
Concrete admixture market, product by application
o Superplasticizer
o Accelerator
o Retarder
o Water reducer
o Air entraining mixture
o Fly ash
o Silicate fume
o Others
Concrete admixture market by application
o Residential
o Non-residential
o Commercial
Browse Full Table of Contents (TOC) @ https://www.gminsights.com/toc/detail/concrete-admixtures-market
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Release ID: 478113
