Concrete Admixture Market Revenue to close at USD 23.63 billion by 2027
Posted On July 21, 2021
The Global Concrete Admixture Market is foreseen to grow at a remarkable CAGR of 5% during the year 2021-2027 as estimated by the report from Value Market Research wherein the market value is expected to grow to USD 23.63 billion by 2027. The market is major driven by ongoing construction activities across residential and commercial sector. Rising demand of efficient admixtures to increase durability and workability of concrete is boosting the market growth. Also, raising awareness among the users, regarding benefits associated with admixtures is pushing the market demand high. Moreover, growing global population leading to rise in demand for residential infrastructure is likely to spur the market demand in the forecasting period.
Concrete admixture refers to the ingredients added to concrete immediately before or during mixing. These are used to reduce cost, enhance properties and to maintain concrete quality throughout production and application process such as mixing, placing, transporting, etc. A wide range of admixtures such as water reducer, air entraining, accelerating admixtures, superplasticizer, etc. are available to increase workability and durability of concrete.
The geographical and segmentation study covered in the report "Global Concrete Admixture Market Report By Type (Normal Plasticizer, Retarding Agent, Waterproof Agent, Superplasticizer, Accelerating Agent, Air-Entraining Agent And Others), By Application (Infrastructure, Residential And Non-Residential), By Raw Material (SNF, Lingo, PCE And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" helps in understanding the upcoming trends of the market.
On the basis of product type the market is segmented into Superplasticizers, Normal Plasticizers, Accelerating Admixtures, Retarding Admixtures, Air-entraining Admixtures, Water-proofing Admixtures, Others. By end-use sector the XXX market is categorised as Residential, Commercial, Infrastructure. Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. This section provides the estimates of market by segment, thus providing valuable data to take strategic decisions.
The Report Segments Global Concrete Admixture Market -
By Product Type
- Normal Plasticizers
- Accelerating Admixtures
- Retarding Admixtures
- Air-entraining Admixtures
- Water-proofing Admixtures
By End-Use Sector
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Sika AG, BASF SE, GCP Applied Technologies, Inc., RPM International, Inc., Fosroc, Inc., Mapei SpA, CHYRSO SAS, Rhein-Chemotechnik GmbH, and Fuclear Technologies Inc.
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