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Concrete Admixtures Market Trends

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

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Concrete Admixtures Market Trends

The growing focus on sustainable and eco-friendly construction materials that reduce carbon emissions will propel the growth of concrete admixtures industry. The product usage enables energy-efficient buildings and reduce the carbon footprint of concrete. These admixtures enhance the concrete's strength, reduce water consumption, and improve workability, contributing to sustainable construction goals. Moreover, the government regulations and standards for construction materials that emphasize on quality and performance will drive the demand for high-quality concrete admixtures.

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.