Overview and Scope
Concrete admixtures are natural or manufactured chemicals or additives added during concrete mixing to enhance specific properties such as workability, durability, or early/final strength of the fresh or hardened concrete. Concrete admixture is a construction material composed of cement, fine aggregates (sand) and coarse aggregates (small stones) mixed with water which hardens with time.
Sizing and Forecast
The concrete admixtures market size has grown steadily in recent years. It will grow from $15.45 billion in 2023 to $16.19 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to construction industry growth, infrastructure development, efficiency in concrete production, cost efficiency, environmental considerations, demand for high-performance concrete.
The concrete admixtures market size is expected to see strong growth in the next few years. It will grow to $19.82 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to sustainable construction practices, infrastructure renewal, smart cities initiatives, focus on durability, rapid urbanization in emerging markets, efforts to reduce carbon footprint. Major trends in the forecast period include high-performance admixtures, innovation in self-healing concrete technology, high-range water reducers (HRWR), rheology modifiers for special concrete applications, and air-entraining admixtures.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/concrete-admixtures-global-market-report
Segmentation & Regional Insights
The concrete admixtures market covered in this report is segmented –
1) By Type: Water Reducing Admixtures, Water-Proofing Admixtures, Accelerating Admixtures, Air-Entraining Agents, Retarding Admixtures, Other Types
2) By Application: Re-Inforced Concrete, Non Re-Inforced Concrete
3) By End User: Commercial, Residential, Infrastructure, Industrial
Asia-Pacific was the largest region in the concrete admixture market in 2023. The regions covered in the concrete admixtures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7815&type=smp
Major Driver Impacting Market Growth
The increase in demand from the construction sector is expected to propel the growth of the concrete admixture market going forward. Construction activities have been on the rise due to rapid industrialization and urbanization. Concrete admixture enables the construction business to speed up the entire project by facilitating the establishment of climate-controlled facilities and enhancing specific properties of fresh or hardened concrete. For instance, in 2021, according to U.S. Census Bureau, the federal government’s largest statistical agency, an estimated 1,595,100 housing units were started in 2021, that increased by 15.6% from 1,379,600 in 2020 in the US. Therefore, the increasing demand from the construction sector will drive the concrete admixture market growth.
Key Industry Players
Major companies operating in the concrete admixtures market report are BASF SE, CRH plc, Rhein-Chemotechnik GmbH, Holcim Limited, Concrete Additives and Chemicals Pvt. Ltd., Cemex S.a.b. De C.v., The India Cement Limited, Sika AG, Wacker Chemie AG, RPM International Inc., CHRYSO S.A.S, Votorantim Cimentos S.A., Shree Cement Limited, Dalmia Bharat Cement Limited, ParexGroup, Fosroc Inc., UltraTech Cement Limited, ADCO Constructions Pty. Ltd., GCP Applied Technologies Inc., Ambuja Cement Limited, Mapei SpA, Flowcrete Group Ltd., Shandong Wanshan Chemical Co. Ltd., Buildtech Products Pvt. Ltd., MBCC Group, CICO Group, Pidilite Industries Ltd., HA-BE Betonchemie, Polisan Kimya San A.S, HeidelbergCement AG
The concrete admixtures market report table of contents includes:
1. Executive Summary
2. Concrete Admixtures Market Characteristics
3. Concrete Admixtures Market Trends And Strategies
4. Concrete Admixtures Market – Macro Economic Scenario
5. Global Concrete Admixtures Market Size and Growth
.
.
.
32. Global Concrete Admixtures Market Competitive Benchmarking
33. Global Concrete Admixtures Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Concrete Admixtures Market
35. Concrete Admixtures Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The porcine epidemic diarrhea vaccines from The Business Research Company provides comprehensive market statistics, including…
The polyethylene terephthalate (pet) cups from The Business Research Company provides comprehensive market statistics, including…
The point of sale system requirement from The Business Research Company provides comprehensive market statistics,…
The side view camera system from The Business Research Company provides comprehensive market statistics, including…
The plastic wire rolling machine from The Business Research Company provides comprehensive market statistics, including…
The macrolide antibiotics from The Business Research Company provides comprehensive market statistics, including global market…