Market
Research Future Published a Half-Cooked Research Report on Concrete Admixtures
Market Research Report - Forecast to 2022
Market
Overview:
Market Research Future (MRFR)
postulates that the global concrete admixtures market is estimated to expand at
a CAGR of 9% during the forecast period (2016-2022). Rising demand for
infrastructure in the developing economies is favoring the market growth. Concrete is considered an essential material in
construction for all kinds of projects and comprises a mixture of sand, binder, aggregate, admixtures, and water. Concrete
admixtures comprise specialty chemical mixture or solvent and are used as an additive in concrete or Concrete
Admixtures. This further enhances the chemical and physical attributes of the
concrete like functional, aesthetic, design requirement of the structures.
Concrete admixtures find its applications in all kinds of concrete structures
like the construction of industrial
amenities, residential buildings, surface transportation infrastructure
projects, and commercial & social complexes.
Competitive
Dashboard
The prominent players operating the
global concrete admixtures market are W.R. Grace & Co, The Dow Chemical
Company, Ashland Inc, Sika AG, Chryso SAS, BASF SE, CICO Technologies Ltd,
Fosroc International, RPM International, Pidilite Industries, and others.
Market
Potential and Pitfalls
With the rising demand for
infrastructures in the developing economies and rapid urbanization are the two
major factors impacting the global concrete admixtures market positively. The
increasing income of the middle-class population has inclined the demand for
construction and residential to a better level which is further influencing the
market growth to a great extent. The need for water usage reduction during
construction coupled with government policies for better infrastructure
standard is some of the major concerns
for the constructors which can be addressed by the use of concrete admixtures. The concrete admixture is considered one of the
essential applications in residential as well as non-residential buildings.
Approximately 75% of the total commercial buildings go for concrete admixtures
in order to avoid the high maintenance cost. Concrete admixtures and the
roofing system are gaining prominence throughout the appraisal period owing to
the developed standards for building codes and commercial structures,
environmental mandates, and rising concern for the environment. With the
inception of innovative technologies and effective concrete admixture
application practices, the market for concrete admixtures is gaining high
prominence globally.
Moreover, the growth in the
construction industries and continuous agreements and collaborations among the
distributors, manufacturers, and marketing firms are presumed to contribute to the market growth. Also, the continuous R&D
activities across the globe are highly
influencing the market growth.
On the contrary, lack of awareness
regarding concrete admixtures and unskilled labor are some of the top barriers
considered to vitiate the market growth. Moreover, the increasing prices of raw
materials are predicted to deter the market growth throughout the appraisal
period.
Global
Concrete Admixtures Market: Segmental Analysis
The global concrete admixtures market
has been segmented on the basis of function and application.
By mode of function, the global
concrete admixtures market has been segmented into superplasticizers, plasticizers, accelerators, air entrainers,
waterproofing admixtures, retarders, and others. Among these, the superplasticizers are mostly preferred in
multiple applications and have
experienced increased demand during the
appraisal period.
By mode of application, the global
concrete admixtures market has been segmented into infrastructure, residential,
and non-residential. Among these, the infrastructure application is considered expand at the fastest rate owing to
the increasing demand for infrastructure projects across the globe.
Regional
Insights
Geographically, the concrete
admixtures market span across regions namely, North America, Asia Pacific,
Europe, and Rest-of-the-World (RoW).
Among all the regions, the Asia
Pacific region is predicted to dominate the global concrete admixture market,
both in terms of value and volume. Developing economies such as India and China
are consuming an excessive amount of
concrete for the blooming civil structures. Moreover, the growing residential
sector coupled with the changes in FDI policies due to an increased population is
creating new opportunities for the market growth throughout the appraisal
period. Augmenting urbanization and increasing investments from the government
in major projects across non-residential, residential, and commercial sectors
are presumed to contribute to the market growth in this region. For instance,
Malaysia has been awarded on-going and new infrastructure projects on
residential housing and public infrastructure.
Industry
Updates
July 05, 2018: The all-new advanced
air-entraining water-reducing agent by BASF, MasterRheosure is offering high
slump retention and superior rheology for everyday concrete. This has further
enabled the concrete producers to master lengthy delivery time.
Browse key industry insights spread across 136 pages
with data tables and figures of the report “Concrete
Admixtures Market Information-by Function (Plasticizers, Super Plasticizers,
Air Entrainers, Accelerators, Retarders, Waterproofing Admixtures and others),
by Application (Residential, Non-Residential and Infrastructure) - Global Forecast
to 2022 ” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/concrete-admixtures-market-1994
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