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The concrete admixtures market size is estimated to increase by USD 3.77 billion at a CAGR of 4.46% between 2023 and 2028. The global construction and infrastructure development sector experiences a surge, driven by increasing demand for plasticizers and the rise of urbanization in the Asia-Pacific region, bolstered by growing disposable incomes worldwide. Concurrently, there's a notable uptick in demand for green buildings. Market trends include a diversified product portfolio and strategic positioning of research and development centers. However, fluctuations in raw material prices pose challenges. Governments impose stringent regulations, while the increasing adoption of smart concrete presents further challenges. Overcoming these hurdles requires adaptability and innovation. Addressing price volatility necessitates robust supply chain management, while compliance with regulations demands diligence and foresight. Embracing technological advancements to meet the demand for smart concrete offers avenues for growth.
As the market evolves, navigating these dynamics while capitalizing on emerging trends will be crucial for sustainable expansion and market leadership in the construction and infrastructure development sector. It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.
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This market report extensively covers market segmentation by End-user (clubs, coaches, leagues, sports association, and others), End-users (Clubs, Coaches, Leagues, Sports association, Others), and Geography (APAC, Europe, North America, Middle East and Africa, and South America).
The market share by the residential segment will be significant during the forecast years. Concrete admixtures play a crucial role in the construction industry, particularly in residential applications and infrastructure projects. These specialized chemicals, including water-reducing admixtures, accelerating admixtures, retarding admixtures, and air-entraining admixtures, contribute significantly to the performance and sustainability of concrete. Contractors rely on these to optimize the modular ratio, enhance workability, and improve the fluidity and rheology of concrete mixtures. Water-reducing admixtures reduce the water-to-cement ratio, thereby decreasing material waste and increasing the strength of the concrete.
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The residential segment accounted for USD 7.12 billion in 2018, showing a gradual increase in the market till 2022. Accelerating admixtures expedites the hydration rate, enabling faster setting times in high-temperature zones. Retarding admixtures, on the other hand, slows down the setting process, providing contractors with extended working hours. Air-entraining ones are essential for enhancing the durability and resistance of concrete in harsh environments. They improve the concrete's workability and reduce the risk of cracking, honeycombing, segregation, bleeding, and air entrainment mixture issues. Sustainability and environmental concerns are increasingly influencing the market. Contractors are adopting sustainable construction practices, such as the use of Supplementary Cementitious Materials (SCMs) and reducing carbon footprints through the use of petrochemical products like plasticizers and bonds. Infrastructural development and construction activities in APAC and MEA are expected to drive the demand for high-performance concrete and advanced ones. However, the use also raises concerns regarding their impact on porosity, carbon emissions, and the overall sustainability of building materials. Therefore, ongoing research and development efforts are focused on creating eco-friendly and high-performance ones that meet the evolving needs of the construction industry.
APAC is estimated to contribute 56% to the global market during the projection period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the projection period.
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The market plays a pivotal role in infrastructure development, particularly in the construction of roads, bridges, tunnels, and various types of buildings. Urban landscapes, including residential, commercial, and industrial structures, require reliable concrete solutions to withstand water damage and harsh environmental conditions. These structures are subjected to minor earthquakes and environmental impact, necessitating the use of high-performance concrete admixtures. Manufacturers of waterproofing admixtures ensure long-term durability and strength, addressing concerns related to water penetration, shrinkage, and workability. Preventive measures against leaks, dampness, mold, and potential structural damage are crucial for maintaining the integrity of buildings and infrastructural projects. Construction workers rely on these in manufacturing plants to produce Pre-cast concrete, Sprayed concrete, and Ultra-high performance concrete, enhancing their structural properties. Strict government regulations mandate the use of financially stable manufacturers to ensure the production of safe and effective ones. 3D printing technology is increasingly being adopted in the industry, offering potential advancements in long-term durability and strength. Adherence to environmental impact assessments is essential, as the industry continues to evolve and adapt to the changing needs of the construction sector.
The market encompasses the production and distribution of various additives used in the manufacturing of concrete for infrastructure development projects. These additives include Pre-cast concrete, Sprayed concrete, and Ultra-high performance concrete, which contribute significantly to the structural properties, durability, and strength of buildings, roads, bridges, tunnels, and urban landscapes. Key products include Water-reducing admixtures, Accelerating admixtures, and Waterproofing admixtures. These additives play a crucial role in enhancing the performance of concrete in Industrial and Institutional structures, such as residential buildings, commercial buildings, and industrial buildings.
Water Reducers decrease the amount of water required in the concrete mix, improving workability and reducing the need for additional cement. Accelerating admixtures increase the rate of hydration, reducing the setting time and enhancing early strength. Waterproofing admixtures prevent water penetration, ensuring the durability and longevity of the concrete structures. Additives like Air Entraining Admixture, Retarder, Shrinkage Reducing Admixture, and Viscosity Modifier are also essential in the concrete industry, optimizing the concrete mix design and improving its overall quality. Our researchers analyzed the market research and data with 2023 as the base year, along with the key market analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.
The market is poised for expansion due to the escalating building construction and infrastructure activities worldwide. The modular ratio, which is the relationship between cement, water, and aggregates, is a critical factor influencing the demand. These chemicals, including water-reducing admixtures, accelerating admixtures, and retarding admixtures, optimize the properties, such as fluidity, rheology, and porosity, thereby reducing material waste in construction activities. Contractors increasingly rely on construction chemicals, to meet engineering specifications and enhance the performance of building materials. High-performance concrete, which requires precise control over water-to-cement ratio and other properties, necessitates the use of admixtures. Infrastructure projects, particularly in developing countries, are driving the market due to infrastructural development and the need for sustainable construction practices.
Concrete admixtures, such as air-entraining admixtures, improve their workability and resistance to cracking, honeycombing, segregation, bleeding, and air entrainment. They also contribute to enhancing the bonds between aggregates and cement, ensuring the durability and strength of structures. In high-temperature zones, retarders are used to slow down the hydration rate, preventing premature setting and ensuring proper curing. Environmental concerns and sustainability are increasingly influencing the market. Sustainable construction practices, such as the use of supplementary cementitious materials (SCMs) and the reduction of carbon footprints, are driving the demand for eco-friendly admixtures. Petrochemical products, such as plasticizers, are being replaced with renewable alternatives to minimize carbon emissions. In summary, the global market is experiencing significant growth due to the increasing number of residential constructions and infrastructure projects worldwide. These admixtures optimize the properties, ensuring the durability, strength, and sustainability of structures, while minimizing material waste and reducing carbon emissions. Hence, such factors fuel the market growth during the forecast period.
The market is experiencing significant growth due to the increasing demand for high-performance concrete in infrastructure projects and residential constructions. Modular ratio adjustments are achieved through the use of various types of admixtures, including water-reducing admixtures, accelerating admixtures, and retarding admixtures. Air-entraining admixtures are essential for enhancing the workability and durability in high-temperature zones. Contractors rely on construction chemicals, to optimize the use of building materials, including aggregates and cement. These materials are crucial for achieving the desired properties, such as fluidity, rheology, porosity, and resistance to cracking, honeycombing, segregation, and bleeding. The use of sustainable construction practices, including the incorporation of SCMs and the reduction of carbon footprints, is a growing concern in the construction industry.
Concrete admixtures, such as plasticizers and retarders, play a vital role in improving the sustainability by reducing the water-to-cement ratio and enhancing the hydration rate. Environmental concerns have led to the development of eco-friendly admixtures derived from petrochemical products. These admixtures offer improved bonding and reduced emissions, making them an attractive alternative to traditional admixtures. However, it is essential to consider the potential impact of these admixtures on the carbon footprint and overall sustainability of the construction project. In summary, the global market is driven by the increasing demand for high-performance concrete in infrastructure projects and residential constructions. Contractors rely on these admixtures to optimize the use of building materials and achieve the desired properties. The use of sustainable admixtures is becoming increasingly important to reduce the carbon footprint and promote eco-friendly construction practices. Hence, such trends drive the market growth during the forecast period.
Concrete admixtures are essential components used in the production of high-performance concrete, enhancing its properties such as workability, strength, and durability. Two primary types exist: chemical and mineral. Chemical admixtures, which include water-reducing admixtures, accelerating admixtures, retarding admixtures, and air-entraining admixtures, are derived mainly from petroleum-based raw materials. The oil and gas industry serves as a significant supplier of these raw materials, making it a crucial factor in the market. The global market faces challenges due to the volatility of crude oil prices. Since 2014, according to the US Energy Information Administration (US EIA), crude oil prices have fluctuated significantly, impacting the cost of raw materials and, consequently, the price. Water-reducing admixtures decrease the water-to-cement ratio, allowing for the use of less water in concrete production, reducing material waste. Accelerating admixtures expedite the setting and hardening process, enabling faster construction activities. Retarding admixtures slow down the hydration rate, extending the working time, and are particularly useful in high-temperature zones.
Air-entraining admixtures improve its workability and resistance to freeze-thaw cycles. Contractors rely on construction chemicals, to meet engineering specifications and ensure the success of residential constructions, infrastructure projects, and infrastructural development. Aggregates, cement, reinforced fibers, and other building materials are essential components, and the use can help optimize their performance. The use contributes to the reduction of carbon emissions, making them a sustainable construction practice. However, environmental concerns regarding the carbon footprints of petrochemical products, such as plasticizers, necessitate the exploration of alternative, more sustainable raw materials, like SCMs. Fluctuations in crude oil prices can affect the cost of petrochemical products, impacting the production and pricing. The use is essential for producing high-quality concrete, but their cost and environmental impact must be considered in the context of ongoing infrastructure projects and infrastructural development. Such challenges impede the growth of the market during the forecast period.
Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
CEMEX SAB de CV, CICO Group, Compagnie de Saint Gobain, Dow Chemical Co., GCP Applied Technologies Inc., Henan Kingsun Chemical Co. Ltd., JMH International Ltd., Kao Corp., Mapei SpA, MC-Bauchemie Muller GmbH and Co. KG, PCC SE, Pidilite Industries Ltd, Premier Magnesia LLC, RPM International Inc., Sika AG, Silica Systems Inc., and Yara International ASA
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments
The market is a significant sector in the construction industry, utilizing various types to enhance the performance of concrete. These include water reducers, air entrainers, retarders, and other specialty admixtures. The demand is driven by the increasing construction activities worldwide. The market is characterized by the presence of several key players, offering a wide range of products to cater to diverse customer requirements. The market is segmented based on product type, application, and region. Water reducers are the most commonly used ones, accounting for a significant market share. Air entrainers are essential in regions with freezing temperatures to prevent concrete from cracking. Retarders are used to delay the setting time of concrete, while other specialty admixtures offer benefits such as increased strength, improved workability, and enhanced durability. The market is expected to grow at a steady pace due to the increasing construction activities, especially in developing regions. The market is also driven by the growing demand for sustainable and high-performance concrete. Additionally, the ongoing infrastructure development projects and the increasing focus on energy efficiency are expected to provide significant opportunities for market growth.
Concrete Admixtures Market Scope |
|
Report Coverage |
Details |
Page number |
150 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.46% |
Market growth 2024-2028 |
USD 3.77 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.27 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 56% |
Key countries |
China, US, India, Russia, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Arkema Group, Armstrong Chemicals Pvt. Ltd., BASF SE, CEMEX SAB de CV, CICO Group, Compagnie de Saint Gobain, Dow Chemical Co., GCP Applied Technologies Inc., Henan Kingsun Chemical Co. Ltd., JMH International Ltd., Kao Corp., Mapei SpA, MC-Bauchemie Muller GmbH and Co. KG, PCC SE, Pidilite Industries Ltd, Premier Magnesia LLC, RPM International Inc., Sika AG, Silica Systems Inc., and Yara International ASA |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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