PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1273298
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1273298
Concrete Admixtures Market Forecasts to 2028 - Global Analysis By Product (Air-Entraining Agents, Accelerating Admixtures, Waterproofing Admixtures & Other Products), Application (Commercial, Infrastructure, Residential & Industrial) & By Geography
According to Stratistics MRC, the Global Concrete Admixtures Market is accounted for $19.93 billion in 2022 and is expected to reach $35.70 billion by 2028 growing at a CAGR of 10.2% during the forecast period. Concrete admixtures are compounds that are added to fresh or hardened concrete during mixing to improve properties such as workability, durability, or early and final strength. Concrete admixtures are used to improve the performance of concrete in a variety of applications. Concrete admixtures reduce construction costs, change the properties of hardened concrete, preserve concrete quality throughout mixing, shipping, placement, and curing, and handle a variety of situations that may develop during concrete operations.
According to the US Census Bureau, the volume of new single-family home construction in the United States in 2022 was 1,010 and is expected to reach 900 in total numbers of housing.
Market Dynamics:
Driver:
Growing application of concrete admixture in construction and infrastructure
The market for concrete admixture is dominated by road and bridge construction, which is predicted to increase at a rapid pace during the forecast period. UHPC can be utilized in building construction as a column, structural precast element, and facade. Furthermore, the expanding tendency of developing high-rise townships and residential complexes, as well as the decreasing land-to-population ratio, are expected to fuel market expansion.
Restraint:
Environmental impacts caused by concrete
Concrete emissions may limit the usage of concrete-type admixtures. A considerable amount of carbon dioxide (CO2) is released into the environment as a result of the use of Portland cement in concrete pavements. This contributes to contamination of the air, water, and soil, as well as adverse effects on human health. Moreover, several environmental rules have been enacted by governments in several countries. As a result, these factors act as a restraint on the expansion of the concrete admixtures market.
Opportunity:
Increasing plasticizer demand
This market is rapidly expanding due to rising demand for plasticizers in a variety of applications in residential, commercial, and industrial structures. Plasticizers are often composed of calcium, ammonium lignosulphonates, and sodium, and are classified as super and normal plasticizers. They are excellent for removing water from concrete and provide high strength, longevity, and a strong link between steel and concrete. Furthermore, workability is an important property of concrete that improves with the addition of water; but, if too much water is added, the strength and durability of the concrete are compromised.
Threat:
Unavailability of skilled labour
Concrete admixtures are essential in the construction sector. The demand for particular admixtures is determined by their qualities and the applications for which they are utilised. Because the construction industry is the primary end-user for the market, changes in the construction sector may have a direct impact on market growth. Lack of skilled labour in the unorganised construction industry would act as a market restraint, posing additional challenges to the expansion of the concrete admixtures market during the forecast period.
COVID-19 Impact:
The interruption in the construction sector caused by government limitations imposed during the COVID-19 epidemic had a considerable impact on the use of concrete admixtures. This pandemic had caused uncertainty and extraordinary delays in construction projects. Furthermore, the building construction processing remained blocked due to machinery closures, a significant shortage of trained and skilled labour, and a scarcity of raw materials. However, several governments are enacting supportive policies in order to re-establish their economies. As a result, the construction industry is projected to stabilise during the next few years.
The water-reducing admixtures segment is expected to be the largest during the forecast period
The water-reducing admixtures segment is estimated to have a lucrative growth. The water-reducing admixtures are also known as plasticizers. The increasing demand for these plasticizers in the residential and commercial construction industries due to their water-saving capabilities will drive market growth. When heat causes it to form up too quickly, concrete can become too weak if too much water is added to keep it pourable. The amount of water in the mix will increase the strength of the concrete. A water-reducer is one of the greatest concrete admixtures for increased strength and durability. Water-reducing admixtures, for example, are commonly employed in the formulation of foundation concrete.
The residential segment is expected to have the highest CAGR during the forecast period
The residential segment is anticipated to witness the highest CAGR growth during the forecast period, owing to the growing urbanisation and increased housing demand globally. Increasing consumer disposable income, combined with the growing tendency of the nuclear family, has resulted in a high demand for residential buildings. Various government programmes in Canada, such as the Affordable Housing Initiative (AHI), New Building Canada Plan (NBCP), and Made in Canada, aided the sector's growth. As a result, the overall market growth of concrete admixtures will be boosted further.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period. Rapid infrastructure development and rising demand for cheap housing have propelled Asia Pacific market expansion. Asia-Pacific includes the largest low-cost housing construction segment, led by China, India, and Southeast Asian countries. China has the largest market share in this region and is the fastest-growing country. The growing population, increasing urbanisation, and rising household income levels are the primary drivers driving the growth of the residential sector in this country.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to the region's growing need for cutting-edge construction materials and the related market from the residential application. The rise in the older population has highlighted the need for investment in the construction of healthcare facilities, which will also help market expansion.
Key players in the market:
Some of the key players profiled in the Concrete Admixtures Market include: CICO Technologies Ltd., Polisan Kamya San. A.S., Lanya Concrete Admixtures, BASF SE, Fosroc International Inc., Fritz-Pak Corporation, Shangdong Wanshan Chemical Co. Ltd., Cormix International Ltd., CHRYSO S.A.S, RPM International Inc., Rhein-Chemotechnik GmbH, Weber Saint-Gobain, Sakshi Chem Sciences Pvt. Ltd., MUHU, Mapei S.P.A and Fuclear Technologies Inc.
Key Developments:
In September 2019, BASF introduced Master X-Seed STE, an innovative strength-enhancing admixture solution for the construction sector, at the Concrete 2019 conference in Sydney. The new solution helps to make concrete production more efficient and has the ability to improve both early and late-age strength development in concrete. With this launch, the company will expand its footprint in Australian and New Zealand markets.
In October 2018, CHRYSO acquired Chemtec Admixtures Limited, a leading player in chemistry for construction materials. With this acquisition, the company will expand its admixture business in Ireland. The company will also offer admixtures products in the growing Irish construction market.
Products Covered:
- Air-Entraining Agents
- Accelerating Admixtures
- Waterproofing Admixtures
- Water Reducing Admixtures
- Retarding Admixtures
- Other Products
Applications Covered:
- Commercial
- Infrastructure
- Residential
- Industrial
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Concrete Admixtures Market, By Product
- 5.1 Introduction
- 5.2 Air-Entraining Agents
- 5.3 Accelerating Admixtures
- 5.4 Waterproofing Admixtures
- 5.5 Water Reducing Admixtures
- 5.6 Retarding Admixtures
- 5.7 Other Products
6 Global Concrete Admixtures Market, By Application
- 6.1 Introduction
- 6.2 Commercial
- 6.3 Infrastructure
- 6.4 Residential
- 6.5 Industrial
7 Global Concrete Admixtures Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 CICO Technologies Ltd.
- 9.2 Polisan Kamya San. A.S.
- 9.3 Lanya Concrete Admixtures
- 9.4 BASF SE
- 9.5 Fosroc International Inc.
- 9.6 Fritz-Pak Corporation
- 9.7 Shangdong Wanshan Chemical Co. Ltd.
- 9.8 Cormix International Ltd.
- 9.9 CHRYSO S.A.S
- 9.10 RPM International Inc.
- 9.11 Rhein-Chemotechnik GmbH
- 9.12 Weber Saint-Gobain
- 9.13 Sakshi Chem Sciences Pvt. Ltd.
- 9.14 MUHU
- 9.15 Mapei S.P.A
- 9.16 Fuclear Technologies Inc.
List of Tables
- Table 1 Global Concrete Admixtures Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Concrete Admixtures Market Outlook, By Product (2020-2028) ($MN)
- Table 3 Global Concrete Admixtures Market Outlook, By Air-Entraining Agents (2020-2028) ($MN)
- Table 4 Global Concrete Admixtures Market Outlook, By Accelerating Admixtures (2020-2028) ($MN)
- Table 5 Global Concrete Admixtures Market Outlook, By Waterproofing Admixtures (2020-2028) ($MN)
- Table 6 Global Concrete Admixtures Market Outlook, By Water Reducing Admixtures (2020-2028) ($MN)
- Table 7 Global Concrete Admixtures Market Outlook, By Retarding Admixtures (2020-2028) ($MN)
- Table 8 Global Concrete Admixtures Market Outlook, By Other Products (2020-2028) ($MN)
- Table 9 Global Concrete Admixtures Market Outlook, By Application (2020-2028) ($MN)
- Table 10 Global Concrete Admixtures Market Outlook, By Commercial (2020-2028) ($MN)
- Table 11 Global Concrete Admixtures Market Outlook, By Infrastructure (2020-2028) ($MN)
- Table 12 Global Concrete Admixtures Market Outlook, By Residential (2020-2028) ($MN)
- Table 13 Global Concrete Admixtures Market Outlook, By Industrial (2020-2028) ($MN)
- Table 14 North America Concrete Admixtures Market Outlook, By Country (2020-2028) ($MN)
- Table 15 North America Concrete Admixtures Market Outlook, By Product (2020-2028) ($MN)
- Table 16 North America Concrete Admixtures Market Outlook, By Air-Entraining Agents (2020-2028) ($MN)
- Table 17 North America Concrete Admixtures Market Outlook, By Accelerating Admixtures (2020-2028) ($MN)
- Table 18 North America Concrete Admixtures Market Outlook, By Waterproofing Admixtures (2020-2028) ($MN)
- Table 19 North America Concrete Admixtures Market Outlook, By Water Reducing Admixtures (2020-2028) ($MN)
- Table 20 North America Concrete Admixtures Market Outlook, By Retarding Admixtures (2020-2028) ($MN)
- Table 21 North America Concrete Admixtures Market Outlook, By Other Products (2020-2028) ($MN)
- Table 22 North America Concrete Admixtures Market Outlook, By Application (2020-2028) ($MN)
- Table 23 North America Concrete Admixtures Market Outlook, By Commercial (2020-2028) ($MN)
- Table 24 North America Concrete Admixtures Market Outlook, By Infrastructure (2020-2028) ($MN)
- Table 25 North America Concrete Admixtures Market Outlook, By Residential (2020-2028) ($MN)
- Table 26 North America Concrete Admixtures Market Outlook, By Industrial (2020-2028) ($MN)
- Table 27 Europe Concrete Admixtures Market Outlook, By Country (2020-2028) ($MN)
- Table 28 Europe Concrete Admixtures Market Outlook, By Product (2020-2028) ($MN)
- Table 29 Europe Concrete Admixtures Market Outlook, By Air-Entraining Agents (2020-2028) ($MN)
- Table 30 Europe Concrete Admixtures Market Outlook, By Accelerating Admixtures (2020-2028) ($MN)
- Table 31 Europe Concrete Admixtures Market Outlook, By Waterproofing Admixtures (2020-2028) ($MN)
- Table 32 Europe Concrete Admixtures Market Outlook, By Water Reducing Admixtures (2020-2028) ($MN)
- Table 33 Europe Concrete Admixtures Market Outlook, By Retarding Admixtures (2020-2028) ($MN)
- Table 34 Europe Concrete Admixtures Market Outlook, By Other Products (2020-2028) ($MN)
- Table 35 Europe Concrete Admixtures Market Outlook, By Application (2020-2028) ($MN)
- Table 36 Europe Concrete Admixtures Market Outlook, By Commercial (2020-2028) ($MN)
- Table 37 Europe Concrete Admixtures Market Outlook, By Infrastructure (2020-2028) ($MN)
- Table 38 Europe Concrete Admixtures Market Outlook, By Residential (2020-2028) ($MN)
- Table 39 Europe Concrete Admixtures Market Outlook, By Industrial (2020-2028) ($MN)
- Table 40 Asia Pacific Concrete Admixtures Market Outlook, By Country (2020-2028) ($MN)
- Table 41 Asia Pacific Concrete Admixtures Market Outlook, By Product (2020-2028) ($MN)
- Table 42 Asia Pacific Concrete Admixtures Market Outlook, By Air-Entraining Agents (2020-2028) ($MN)
- Table 43 Asia Pacific Concrete Admixtures Market Outlook, By Accelerating Admixtures (2020-2028) ($MN)
- Table 44 Asia Pacific Concrete Admixtures Market Outlook, By Waterproofing Admixtures (2020-2028) ($MN)
- Table 45 Asia Pacific Concrete Admixtures Market Outlook, By Water Reducing Admixtures (2020-2028) ($MN)
- Table 46 Asia Pacific Concrete Admixtures Market Outlook, By Retarding Admixtures (2020-2028) ($MN)
- Table 47 Asia Pacific Concrete Admixtures Market Outlook, By Other Products (2020-2028) ($MN)
- Table 48 Asia Pacific Concrete Admixtures Market Outlook, By Application (2020-2028) ($MN)
- Table 49 Asia Pacific Concrete Admixtures Market Outlook, By Commercial (2020-2028) ($MN)
- Table 50 Asia Pacific Concrete Admixtures Market Outlook, By Infrastructure (2020-2028) ($MN)
- Table 51 Asia Pacific Concrete Admixtures Market Outlook, By Residential (2020-2028) ($MN)
- Table 52 Asia Pacific Concrete Admixtures Market Outlook, By Industrial (2020-2028) ($MN)
- Table 53 South America Concrete Admixtures Market Outlook, By Country (2020-2028) ($MN)
- Table 54 South America Concrete Admixtures Market Outlook, By Product (2020-2028) ($MN)
- Table 55 South America Concrete Admixtures Market Outlook, By Air-Entraining Agents (2020-2028) ($MN)
- Table 56 South America Concrete Admixtures Market Outlook, By Accelerating Admixtures (2020-2028) ($MN)
- Table 57 South America Concrete Admixtures Market Outlook, By Waterproofing Admixtures (2020-2028) ($MN)
- Table 58 South America Concrete Admixtures Market Outlook, By Water Reducing Admixtures (2020-2028) ($MN)
- Table 59 South America Concrete Admixtures Market Outlook, By Retarding Admixtures (2020-2028) ($MN)
- Table 60 South America Concrete Admixtures Market Outlook, By Other Products (2020-2028) ($MN)
- Table 61 South America Concrete Admixtures Market Outlook, By Application (2020-2028) ($MN)
- Table 62 South America Concrete Admixtures Market Outlook, By Commercial (2020-2028) ($MN)
- Table 63 South America Concrete Admixtures Market Outlook, By Infrastructure (2020-2028) ($MN)
- Table 64 South America Concrete Admixtures Market Outlook, By Residential (2020-2028) ($MN)
- Table 65 South America Concrete Admixtures Market Outlook, By Industrial (2020-2028) ($MN)
- Table 66 Middle East & Africa Concrete Admixtures Market Outlook, By Country (2020-2028) ($MN)
- Table 67 Middle East & Africa Concrete Admixtures Market Outlook, By Product (2020-2028) ($MN)
- Table 68 Middle East & Africa Concrete Admixtures Market Outlook, By Air-Entraining Agents (2020-2028) ($MN)
- Table 69 Middle East & Africa Concrete Admixtures Market Outlook, By Accelerating Admixtures (2020-2028) ($MN)
- Table 70 Middle East & Africa Concrete Admixtures Market Outlook, By Waterproofing Admixtures (2020-2028) ($MN)
- Table 71 Middle East & Africa Concrete Admixtures Market Outlook, By Water Reducing Admixtures (2020-2028) ($MN)
- Table 72 Middle East & Africa Concrete Admixtures Market Outlook, By Retarding Admixtures (2020-2028) ($MN)
- Table 73 Middle East & Africa Concrete Admixtures Market Outlook, By Other Products (2020-2028) ($MN)
- Table 74 Middle East & Africa Concrete Admixtures Market Outlook, By Application (2020-2028) ($MN)
- Table 75 Middle East & Africa Concrete Admixtures Market Outlook, By Commercial (2020-2028) ($MN)
- Table 76 Middle East & Africa Concrete Admixtures Market Outlook, By Infrastructure (2020-2028) ($MN)
- Table 77 Middle East & Africa Concrete Admixtures Market Outlook, By Residential (2020-2028) ($MN)
- Table 78 Middle East & Africa Concrete Admixtures Market Outlook, By Industrial (2020-2028) ($MN)
