A new Report by Delvens, titled “Concrete Admixtures Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market, the global Concrete Admixtures market size was estimated at USD 21.1 billion in 2023 and is projected to reach USD 32.6 billion in 2030 at a CAGR of 5.6% during the forecast period 2023-2030.
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These admixtures augment the potency of concrete, diminish water consumption, and enhance workability, thereby advancing the cause of sustainable construction. Furthermore, governmental directives and regulations for construction materials that underscore quality and performance will accelerate the demand for top-tier concrete admixtures.
The perturbation in the construction industry, triggered by governmental restrictions imposed in response to the COVID-19 pandemic, has also exerted a substantial influence on the adoption of concrete admixtures. These factors have led to the expansion of the market and increased demand for Concrete Admixtures solutions.
The prominent players in the Concrete Admixtures market are
- BASF SE
- Chryso S.A.S.
- Cico Technologies Ltd
- Concrete Additives and Chemicals Pvt. Ltd.
- Cormix International Limited
- Fosroc International Ltd
- Fritz-Pak Corporation
- Lanya Concrete Admixtures
- Mapei S.P.A
- Muhu (China) Construction Materials Co., Ltd.
- Polisan Kimya San. A.S.
- Rhein-Chemotechnik Gmbh and More
Asia-Pacific to Dominate the Concrete Admixtures Market
- Asia-Pacific is estimated to account for the largest market share during the forecast period. In Asia-Pacific, this growth is attributed to rapid industrialization and potential market prospects in the region.
- Moreover, the strong presence of multinational companies and their respective brands are projected to fuel the market growth facilitated by rising infrastructural development in the region.
Key Findings
- The Product Type segment is further fragmented into Superplasticizers, Normal Plasticizers, Accelerating, Retarding, Air-entraining, Water-proofing. The Air-entraining admixtures segment is expected to account for a larger market size during the forecast period.
- The End-Use Sectors segment is further bifurcated into Residential, Commercial and Infrastructure. The infrastructure segment is expected to account for a larger market size during the forecast period.
- The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Asia-Pacific is estimated to account for the largest market share during the forecast period.
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