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Concrete Admixtures Market Analysis

  • Report ID: GMI1459
  • Published Date: Jul 2023
  • Report Format: PDF

Concrete Admixtures Market Analysis

The superplasticizer concrete admixtures market share is poised to notable growth through 2032, owing to the product’s ability to improve the workability and flow characteristics of concrete while maintaining its strength and durability. These admixtures allow for the reduction of water content in concrete mixtures, enabling the production of high-performance, high-strength concrete. With the increasing demand for high-performance concrete in various construction applications, such as high-rise buildings, bridges, and infrastructure projects, the superplasticizer segment will witness rise in demand.
 

The concrete admixtures market share from residential application segment is slated to be over 35% by 2032. Booming population, urbanization, and rising disposable incomes have led to increased residential construction activities worldwide. Concrete admixtures are extensively used in residential projects to enhance the durability, workability, and aesthetic appeal of concrete structures. It helps in achieving faster construction timelines, reducing water consumption, improving concrete strength, and providing resistance against various environmental factors. The rising demand for sustainable and energy-efficient residential buildings will bolster the product demand.
 

Europe is likely to emerge as a lucrative growth avenue for concrete admixtures market players during the forecast period. The robust infrastructure development, increasing urbanization, and stringent regulations promoting sustainable construction practices are driving the demand for concrete admixtures in the region. There has been focus on developing a wide range of innovative admixture solutions with enhanced durability, workability, and performance of concrete. This factor, along with the adoption of advanced technologies, such as smart concrete admixtures and self-healing concrete are shaping the regional market outlook.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Market size for concrete admixture is projected to grow at a CAGR of over 5% over 2023-2032, backed by rapid urbanization and extensive infrastructure development.

The concrete admixture market share from residential application segment is slated to be over 35% by 2032, due to booming population and rising disposable incomes that have increased residential construction activities worldwide.

The robust infrastructure development, increasing urbanization, and stringent regulations promoting sustainable construction practices are driving the demand for concrete admixtures in Europe, making it promising avenue for industry players.

RPM International, Arkema, GCP Applied Technologies, CICO Group, Fosroc, Beijing Jiankai Concrete Additive, BASF SE, SIKA AG, CHRYSO S.A.S, and Concrete Additives and Chemicals Pvt. Ltd. among others.

Concrete Admixtures Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 31
  • Tables & Figures: 704
  • Countries covered: 20
  • Pages: 405
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