Concrete Admixture Market Innovations, Technology Growth and Research by 2022-2032

 The global concrete admixture market is expected to reach a value of US$ 15.1 Billion in 2022. With a steady CAGR of 6.1%, the market will reach US$ 27.4 Billion by 2032. A notable rise in the use of concrete admixture in concrete formulations for the construction of industrial, residential, and commercial structures is anticipated to expand the concrete admixture market.

Rising infrastructural needs of emerging economies accelerated urbanization, and increasing government initiatives in the construction sector will push the construction market. This will culminate in a rise in the demand for concrete admixture.

Construction sites have high water requisites. Since it is difficult to have constant and easy access to water, water-reducing admixtures like plasticizers and superplasticizers are in high demand. Apart from removing water from concrete, plasticizers provide strength, durability, and a strong bridge between concrete and steel. Plasticizers also aid in reducing cracking, segregation, and bleeding which promotes growth. All these properties promote the growth of the market.

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Competitive Landscape 

BASF SE, SIKA AG, GCP Applied Technologies, RPM International Inc., Fosroc International, Mapei S.P.A, CICO Technologies, CHRYSO S.A.S, Pidilite Industries Ltd, Rhein-Chemotechnik GmbH, Weber Saint-Gobain, Polisan Kimya San. A.S., Shandong Wanshan Chemical Co. Ltd., CEMEX SAB de CV, and others are some of the major players in the concrete admixture market that are profiled in the full version of the report.

Concrete Admixture Market Outlook by Category
By Type:

  • Accelerating Admixture
  • Air Entraining Admixture
  • Retarding Admixture
  • Water Reducing Admixture
  • Water Proofing Admixture
  • Others

By Application:

  • Residential
  • Infrastructure
  • Commercial
  • Industrial

Concrete Admixture Market Regional Analysis

According to FMI reports, Asia Pacific is anticipated to monopolize the global concrete admixture market over the forecast period. The expansion of the construction industry with rising investment in infrastructure development projects and government initiatives will boost the market in China.

Additionally, China has registered high demand for liquid admixture due to its high-strength properties. The burgeoning urban population in metros and innovative development plans for non-metro cities carry significant growth potential for various end-use sectors.

This is fostering an atmosphere of growth for the concrete admixture market in India. Furthermore, easy access to such cost-effective raw materials and increasing investment in non-residential projects will also boost the regional market.

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