PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1773454
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1773454
Material Shrinkage-Reducing Agents Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Material Shrinkage-Reducing Agents Market was valued at USD 1.5 billion in 2024 and is estimated to grow at a CAGR of 5.8% to reach USD 2.6 billion by 2034. As construction standards evolve to prioritize structural resilience and long-term performance, shrinkage-reducing agents (SRAs) have transitioned from simple additives to essential components in high-performance concrete mixes. These chemical solutions play a critical role in minimizing shrinkage-related cracks, preserving concrete strength, and enhancing durability. Previously, shrinkage concerns were managed by altering mix ratios, but today's demand for advanced materials in infrastructure and residential construction is fueling SRA adoption across global markets.
This growth is especially prominent in the Asia-Pacific region, driven by rapid industrialization and urban development. Rising emphasis on sustainability and the shift toward next-generation admixtures are accelerating the use of SRAs, particularly in large-scale projects where crack prevention is essential to lower long-term maintenance costs. As concrete applications continue to diversify across tunnels, high-rise structures, and modular designs, SRAs are increasingly seen as key to extending structural life while maintaining performance under environmental stress and load.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $1.5 Billion |
| Forecast Value | $2.6 Billion |
| CAGR | 5.8% |
The liquid SRAs segment made up 64.3% share in 2024, showing strong momentum due to their ease of integration with concrete mixtures. Their effective dispersion and compatibility with ready-mix applications make them a top choice in infrastructure and high-volume residential construction. These agents ensure consistent shrinkage mitigation and are widely adopted in both on-site and factory settings, including commercial real estate and public sector works.
Ready-mix concrete contributed 41% to the total market in 2024, standing out as a major consumer of SRAs. These agents are essential in reducing the risk of surface cracks and internal stress during the curing process, especially in ready-mix systems used in urban housing and commercial developments. In the precast concrete segment, SRAs have become crucial for maintaining dimensional accuracy and preventing assembly misalignments, which can arise due to material contraction.
U.S. Material Shrinkage-Reducing Agents Market held an 85% share, valued at USD 159.4 million. Its leadership position stems from robust infrastructure activity and increased focus on sustainable construction practices. Government-led investments in rehabilitating public assets such as bridges, government complexes, and transport infrastructure continue to drive demand for durable, crack-resistant concrete. This has led to the widespread adoption of SRAs among contractors seeking to extend the lifecycle of concrete structures while minimizing repair and upkeep costs. The country's commitment to eco-conscious building practices has also accelerated the shift toward advanced admixture technologies.
Prominent companies operating in the Material Shrinkage-Reducing Agents Market include BASF SE, Mapei S.p.A., GCP Applied Technologies (Saint-Gobain), Fosroc International Ltd., and Sika AG. Companies in the material shrinkage-reducing agents market are leveraging innovation, regional expansion, and sustainability to secure their market positions. Leading firms are focusing on developing eco-friendly SRAs that comply with green building certifications and enhance structural durability. Strategic alliances with construction firms and infrastructure developers allow these companies to embed their products directly into long-term projects. R&D investments are targeted toward improving formulation efficiency and performance under varied environmental conditions. Many players are also expanding production capacities in high-growth regions like Asia-Pacific to meet rising urban construction demand.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope and definition
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Data mining sources
- 1.3.1 Global
- 1.3.2 Regional/Country
- 1.4 Base estimates and calculations
- 1.4.1 Base year calculation
- 1.4.2 Key trends for market estimation
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.6 Forecast model
- 1.7 Research assumptions and limitations
Chapter 2 Executive Summary
- 2.1 Industry 3600 synopsis
- 2.2 Key market trends
- 2.2.1 Regional
- 2.2.2 Product Type
- 2.2.3 Chemical Composites
- 2.2.4 Application
- 2.2.5 End use Industry
- 2.3 TAM Analysis, 2025-2034
- 2.4 CXO perspectives: Strategic imperatives
- 2.4.1 Executive decision points
- 2.4.2 Critical success factors
- 2.5 Future Outlook and Strategic Recommendations
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Supplier Landscape
- 3.1.2 Profit Margin
- 3.1.3 Value addition at each stage
- 3.1.4 Factor affecting the value chain
- 3.1.5 Disruptions
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Growing demand for high-performance concrete
- 3.2.1.2 Increasing infrastructure development projects
- 3.2.1.3 Rising focus on durability and crack prevention
- 3.2.1.4 Technological advancements in admixture formulations
- 3.2.2 Industry pitfalls and challenges
- 3.2.2.1 Raw material price fluctuations
- 3.2.2.2 Stringent regulatory requirements
- 3.2.2.3 Technical expertise requirements
- 3.2.2.4 Competition from alternative shrinkage control methods
- 3.2.3 Market opportunities
- 3.2.3.1 Development of eco-friendly shrinkage-reducing agents
- 3.2.3.2 Expansion in emerging markets
- 3.2.3.3 Integration with smart concrete technologies
- 3.2.3.4 Application in specialized construction segments
- 3.2.1 Growth drivers
- 3.3 Growth potential analysis
- 3.4 Regulatory landscape
- 3.4.1 North America
- 3.4.2 Europe
- 3.4.3 Asia Pacific
- 3.4.4 Latin America
- 3.4.5 Middle East & Africa
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
- 3.6.1 Technology and Innovation landscape
- 3.6.2 Current technological trends
- 3.6.3 Emerging technologies
- 3.7 Price trends
- 3.7.1 By region
- 3.7.2 By product
- 3.8 Future market trends
- 3.9 Technology and Innovation landscape
- 3.9.1 Current technological trends
- 3.9.2 Emerging technologies
- 3.10 Patent Landscape
- 3.11 Trade statistics (HS code) (Note: the trade statistics will be provided for key countries only)
- 3.11.1 Major importing countries
- 3.11.2 Major exporting countries
- 3.12 Sustainability and Environmental Aspects
- 3.12.1 Sustainable Practices
- 3.12.2 Waste Reduction Strategies
- 3.12.3 Energy Efficiency in Production
- 3.12.4 Eco-friendly Initiatives
- 3.13 Carbon Footprint Considerations
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.2.1 By region
- 4.2.1.1 North America
- 4.2.1.2 Europe
- 4.2.1.3 Asia Pacific
- 4.2.1.4 LATAM
- 4.2.1.5 MEA
- 4.2.1 By region
- 4.3 Company matrix analysis
- 4.4 Competitive analysis of major market players
- 4.5 Competitive positioning matrix
- 4.6 Key developments
- 4.6.1 Mergers & acquisitions
- 4.6.2 Partnerships & collaborations
- 4.6.3 New Product Launches
- 4.6.4 Expansion Plans
Chapter 5 Market Estimates and Forecast, By Product Type, 2021 - 2034 (USD Billion) (Kilo Tons)
- 5.1 Key trends
- 5.2 Liquid shrinkage-reducing agents
- 5.3 Powder shrinkage-reducing agents
- 5.4 Others
Chapter 6 Market Estimates and Forecast, By Chemical Composites, 2021 - 2034 (USD Billion) (Kilo Tons)
- 6.1 Key trends
- 6.2 Polyethers
- 6.3 Polyalcohols
- 6.4 Glycols and glycol ethers
- 6.5 Surfactants
- 6.6 Others
Chapter 7 Market Estimates and Forecast, By Application, 2021 - 2034 (USD Billion) (Kilo Tons)
- 7.1 Key trends
- 7.2 Ready-mix concrete
- 7.3 Precast concrete
- 7.4 Self-consolidating concrete
- 7.5 High-performance concrete
- 7.6 Shotcrete
- 7.7 Mortars and grouts
- 7.8 Others
Chapter 8 Market Estimates and Forecast, By End Use Industry, 2021 - 2034 (USD Billion) (Kilo Tons)
- 8.1 Key trends
- 8.2 Residential construction
- 8.3 Commercial construction
- 8.4 Infrastructure development
- 8.5 Industrial construction
- 8.6 Water containment structures
- 8.7 Others
Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2034 (USD Billion) (Kilo Tons)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 France
- 9.3.4 Spain
- 9.3.5 Italy
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 Australia
- 9.4.5 South Korea
- 9.4.6 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Rest of Latin America
- 9.6 Middle East and Africa
- 9.6.1 Saudi Arabia
- 9.6.2 South Africa
- 9.6.3 UAE
- 9.6.4 Rest of Middle East and Africa
Chapter 10 Company Profiles
- 10.1 BASF SE
- 10.2 Cementaid International Group
- 10.3 Cemex S.A.B. de C.V.
- 10.4 Euclid Chemical Company
- 10.5 Fosroc International Ltd.
- 10.6 GCP Applied Technologies (now part of Saint-Gobain)
- 10.7 Imerys S.A.
- 10.8 Mapei S.p.A.
- 10.9 Nippon Shokubai Co., Ltd.
- 10.10 RPM International Inc.
- 10.11 Sika AG
- 10.12 Sobute New Material Co., Ltd.
- 10.13 W. R. Grace & Co. (now part of Standard Industries)
