Concrete Admixture Market Scope
The global Concrete Admixture market is expected to witness high growth in the forecasted period due to increasing demand to improve the practices and materials used in construction and the widespread availability of urban and technologically advanced infrastructure. Concrete admixtures are ingredients that are added to the concrete before or during blending for high workability, durability, high strength, watertight, wear-resistant, and high finish. The market is gaining high growth in various support mechanisms such as foreign direct investment (FDI) for pacing infrastructure development in some of the major concrete civil structures dominant markets.
The market study is being classified by Type (Mineral Admixtures [Water Reducer, Retarder, Accelerator, Air Entraining Admixture, Viscosity Modifier, Shrinkage Reducing Admixture, Plasticizers, Other ] and Mineral Admixture [Fly Ash, Silica Fume, Rice Husk, Blast Furnace Slag, Other]), by Application (Residential, Commercial, Infrastructure and Repair Structures) and major geographies with country level break-up. According to AMA, the Global Concrete Admixture market is expected to see growth rate of 5.7%
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Concrete Admixture market throughout the predicted period.
BASF SE (Germany), Arkema SA (France), Ashland Inc. (United States), Mapie S.p.A (Italy), Pidilite Industries (India), RPM International Inc. (United States), Sika AG (Switzerland), The Dow Chemical Company (United States), W.R. Grace & Company (United States)' and CEMEX S.A.B de C.V. (Mexico) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Conmix Ltd. (United Arab Emirates), CICO Technologies Ltd. (India) and Chryso S.A.S. (France).
AdvanceMarketAnalytics has segmented the market of Global Concrete Admixture market by Type, Application and Region.
On the basis of application, Residential segment is dominating the market in the year 2018
On the basis of geography, the market of Concrete Admixture has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2018.
Market Leaders and their expansionary development strategies
On 20th September 2019, Pidilite Industries Ltd, the construction chemicals and adhesives manufacturer in India, has launched Dr. Fixit LW+Super, to resolve the issues faced with the usage of M-sand.
21st March 2019, BASF has launched an innovative strength-enhancing admixture solution for the construction industry, which significantly improves both early and late-age strength development in concrete. The new solution, Master X-Seed STE, also helps make a production of concrete more efficient.
- Growing Need for Reduction in Water Usage and Construction Time
- Rising Residential Construction in Both Developing and Developed Countries
- The Growing Construction Activities Worldwide
- Upsurging Middle-Class Population
- The Increasing Adoption of Ready-Mix Concrete in Developing Economies
- The Fueling Urbanization and Industrialization in Developing Countries
- The Increasing Cost Of Raw Material Used
- Lack of Awareness about the Advantages of Admixtures in Unorganized Construction Sector
Key Target AudienceConcrete Admixture Manufactures, Concrete Admixture Suppliers, Concrete Admixture Distributors, Government & Industry Associations, Regulatory Bodies and Others
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