Market Research Report
Concrete Admixture Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 - 2026
|Published by||Global Market Insights Inc.||Product code||619486|
|Published||Content info||405 Pages
Delivery time: 2-3 business days
|Concrete Admixture Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 - 2026|
|Published: February 3, 2020||Content info: 405 Pages||
Concrete Admixture Market Size By Product (Superplasticizers, Accelerators, Retarders, Water Reducers, Air Entraining Mixture, Fly Ash, Silicate Fume, Plasticizers, Synthetic CSH), By Application (Residential, Non-residential, Commercial), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 - 2026.
The global concrete admixtures market is on its way to becoming a lucrative industry vertical in the forthcoming years. Admixtures are natural or manufactured chemicals that are added to the concrete during mixing. These are generally used to give special properties to hardened or fresh concrete.
Based on the product landscape, the market is segmented into superplasticizers, accelerators, retarders, fly ash, water reducers, air entraining mixture, silicate fume, Synthetic CSH, plasticizers and others. Among these, the superplasticizers segment is set to witness significant gains of more than 6% CAGR owing to its excellent properties that allow reduction in water content by 30% or more without impacting the workability of the concrete. Moreover, it is majorly applicable in placements where well-dispersed particle suspension is required to enhance rheology.
Set retarding concrete admixtures are used to delay the chemical reaction that takes place when the concrete starts the setting process. These are usually employed to restrict the effect of high temperatures that could fasten the initial setting time of concrete.
Set retarders used in concrete pavement construction allows more time for plastic grooving or texturing of concrete pavements. It empowers further hauling, thereby reducing the cost of relocating central mixing plants. Retarding admixtures also help in reducing cold joints in two-course paving as well as during the event of equipment breakdown.
Fly ash concrete admixture could be used as a prime material in most of the cement-based products like brick, concrete block and poured concrete. Fly ash segment to showcase a CAGR of 4.7% over the projected timeframe.
Fly ash mixed concrete possesses reduced bleeding and segregation properties as compared to plain concrete. It is finer than cement and is used in making concrete to make it more economical by improving its workability.
Silica fume is a byproduct of producing silicon metal or ferrosilicon alloys. It is a highly effective pozzolanic material which improves concrete properties such as bond strength, abrasion resistance, compressive strength, and dense concrete among others.
It is a highly reactive pozzolanic material due to its extreme fineness and high amount of amorphous silicon dioxide content.
The combination of inorganic and organic substances causing reduction in water content to give a higher workability at the same water content is termed as plasticizer admixture. The usage of plasticizers in the construction industry has been experiencing healthy growth from several years due its properties such as decreasing water to cement ratio with increased workability.
The other segment in the concrete admixtures industry covers materials such as slag, rice husk ash, hydration control agent, and corrosion inhibitor. Among these, corrosion-inhibiting admixtures are categorized into the specialty admixture category and are used to slow corrosion of reinforcing steel in concrete.
Elaborating on the application segment, the market is classified into commercial, residential and non-residential sectors. Among these the economic conditions in the non-residential segment are supporting growth in demand for construction activity, mainly for nonresidential buildings led by a robust demand for educational hubs, retail shopping centers, amusement/recreation parks, hotels etc.
Moreover, the commercial segment held a major share and growth rate. This application segment will be a major growth factor due to rising construction of commercial buildings such as, restaurants, shopping malls, hypermarkets, airports, roads, warehouses, and manufacturing facilities. Fueled by increasing migration in urban cities.
From a regional frame of reference, the Europe construction industry is expanding at a moderate rate owing to limited new construction activities and rising remodeling and restructuring activities.
Back in 2013, a Construction 2020 plan was framed with an aim to ensure that the industry experiences a competitive and sustainable growth in the short and longer run.
Commercial building and construction activities in Latin America is set to witness strong growth in coming years. This is mainly ascribed to economic growth and strong inflow of private investment, which will drive product demand and have positive impact on total market size by 2026.
Citing an instance, 6 highway PPP's were announced back in January 2018, with capital expenditure of $6 billion in the region. Growing private investment, together with strong infrastructure investment by governments is expected to create a compelling opportunity for manufacturers of concrete admixture in the region.